VANHOUTTE TECHNICAL SERVICES: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
VANHOUTTE TECHNICAL SERVICES
Largest movements
- Receivables within one year -€13,626
down €13,626 (-65.1%), from €20,942 to €7,317
of which Other amounts receivable: -€7,670
- Cash +€13,066
up €13,066 (+30.0%), from €43,542 to €56,608
mainly Receivables within one year (+€13,626) and Net result for the year (+€11,948)
- Reserves +€11,948
up €11,948 (+26.0%), from €45,963 to €57,912
- Tax, wage and social debts -€8,231
down €8,231 (-77.9%), from €10,569 to €2,338
- Other debts -€3,629
down €3,629 (-39.9%), from €9,105 to €5,476
- Gross operating margin +€1,908
up €1,908 (+10.4%), from €18,271 to €20,179
- Taxes +€542
up €542 (+11.3%), from €4,805 to €5,347
- Depreciation +€358
up €358 (+28.9%), from €1,239 to €1,597
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €69,180 | €69,244 | +€64 | +0.1% |
| Fixed assets | 21/28 | €2,815 | €3,394 | +€579 | +20.6% |
| Tangible fixed assets | 22/27 | €2,815 | €3,394 | +€579 | +20.6% |
| Furniture and vehicles | 24 | €2,815 | €3,394 | +€579 | +20.6% |
| Current assets | 29/58 | €66,365 | €65,849 | -€516 | -0.8% |
| Amounts receivable within one year | 40/41 | €20,942 | €7,317 | -€13,626 | -65.1% |
| Trade receivables | 40 | €13,069 | €7,113 | -€5,956 | -45.6% |
| Other amounts receivable | 41 | €7,874 | €204 | -€7,670 | -97.4% |
| Cash at bank and in hand | 54/58 | €43,542 | €56,608 | +€13,066 | +30.0% |
| Deferred charges and accrued income | 490/1 | €1,881 | €1,925 | +€44 | +2.3% |
| Total equity and liabilities | 10/49 | €69,180 | €69,244 | +€64 | +0.1% |
| Equity | 10/15 | €48,463 | €60,412 | +€11,948 | +24.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €45,963 | €57,912 | +€11,948 | +26.0% |
| Distributable reserves | 133 | €45,963 | €57,912 | +€11,948 | +26.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €20,717 | €8,832 | -€11,885 | -57.4% |
| Amounts payable within one year | 42/48 | €20,282 | €8,480 | -€11,802 | -58.2% |
| Trade debts | 44 | €608 | €666 | +€58 | +9.5% |
| Suppliers | 440/4 | €608 | €666 | +€58 | +9.5% |
| Taxes, remuneration and social security | 45 | €10,569 | €2,338 | -€8,231 | -77.9% |
| Taxes | 450/3 | €10,569 | €2,338 | -€8,231 | -77.9% |
| Other amounts payable | 47/48 | €9,105 | €5,476 | -€3,629 | -39.9% |
| Accrued charges and deferred income | 492/3 | €434 | €352 | -€82 | -18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,239 | €1,597 | +€358 | +28.9% |
| Other operating charges | 640/8 | €783 | €850 | +€67 | +8.6% |
| Gross operating margin | 9900 | €18,271 | €20,179 | +€1,908 | +10.4% |
| Operating profit (loss) | 9901 | €16,249 | €17,733 | +€1,483 | +9.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €511 | €438 | -€73 | -14.3% |
| Recurring financial charges | 65 | €511 | €438 | -€73 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | €15,739 | €17,295 | +€1,556 | +9.9% |
| Income taxes | 67/77 | €4,805 | €5,347 | +€542 | +11.3% |
| Profit (loss) for the period | 9904 | €10,934 | €11,948 | +€1,014 | +9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,934 | €11,948 | +€1,014 | +9.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.