VANHOUTTEGHEM - DE PINTE: what changed
VANHOUTTEGHEM - DE PINTE
Largest movements
- Cash +€478,635
up €478,635 (+135%), from €354,559 to €833,194
mainly Net result for the year (+€313,320) and Stocks and contracts (+€135,379)
- Stocks and contracts -€135,379
down €135,379 (-24.0%), from €565,110 to €429,731
- Current investments -€36,450
down €36,450 (-24.3%), from €150,000 to €113,550
- Receivables within one year -€32,937
down €32,937 (-99.5%), from €33,087 to €150
of which Trade receivables: -€32,281
- Tangible fixed assets -€18,486
down €18,486 (-36.4%), from €50,777 to €32,292
of which Furniture and vehicles: -€17,068
- Reserves +€313,300
up €313,300 (+66.0%), from €474,609 to €787,909
of which Distributable reserves: +€313,300
- Debts after one year -€300,000
down €300,000 (-100%), from €300,000 to €0
- Advances received +€97,716
up €97,716 (+17,606%), from €555 to €98,271
- Tax, wage and social debts +€95,620
up €95,620 (+118%), from €81,008 to €176,628
of which Taxes: +€101,832
- Provisions +€70,884
new in 2026: €70,884
- Gross operating margin +€223,947
up €223,947 (+49.4%), from €453,309 to €677,256
- Provisions +€70,884
new in 2026: €70,884
- Taxes +€69,358
up €69,358 (+82.3%), from €84,300 to €153,658
- Staff costs -€43,900
down €43,900 (-27.5%), from €159,547 to €115,646
- Financial charges -€15,509
down €15,509 (-62.7%), from €24,740 to €9,230
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,158,261 | €1,413,718 | +€255,457 | +22.1% |
| Fixed assets | 21/28 | €51,011 | €32,526 | -€18,486 | -36.2% |
| Tangible fixed assets | 22/27 | €50,777 | €32,292 | -€18,486 | -36.4% |
| Furniture and vehicles | 24 | €47,184 | €30,117 | -€17,068 | -36.2% |
| Other tangible fixed assets | 26 | €3,593 | €2,175 | -€1,418 | -39.5% |
| Financial fixed assets | 28 | €234 | €234 | = | 0.0% |
| Current assets | 29/58 | €1,107,250 | €1,381,193 | +€273,943 | +24.7% |
| Stocks and contracts in progress | 3 | €565,110 | €429,731 | -€135,379 | -24.0% |
| Stocks | 30/36 | €565,110 | €429,731 | -€135,379 | -24.0% |
| Amounts receivable within one year | 40/41 | €33,087 | €150 | -€32,937 | -99.5% |
| Trade receivables | 40 | €32,281 | €0 | -€32,281 | -100% |
| Other amounts receivable | 41 | €807 | €150 | -€657 | -81.4% |
| Current investments | 50/53 | €150,000 | €113,550 | -€36,450 | -24.3% |
| Cash at bank and in hand | 54/58 | €354,559 | €833,194 | +€478,635 | +135% |
| Deferred charges and accrued income | 490/1 | €4,494 | €4,568 | +€74 | +1.6% |
| Total equity and liabilities | 10/49 | €1,158,261 | €1,413,718 | +€255,457 | +22.1% |
| Equity | 10/15 | €726,079 | €1,039,399 | +€313,320 | +43.2% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €474,609 | €787,909 | +€313,300 | +66.0% |
| Non-distributable reserves | 130/1 | €17,775 | €17,775 | = | 0.0% |
| Legal reserve | 130 | €17,775 | €17,775 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,334 | €6,334 | = | 0.0% |
| Distributable reserves | 133 | €450,500 | €763,800 | +€313,300 | +69.5% |
| Profit (loss) carried forward | 14 | €1,471 | €1,490 | +€20 | +1.3% |
| Provisions and deferred taxes | 16 | - | €70,884 | +€70,884 | |
| Provisions for liabilities and charges | 160/5 | - | €70,884 | +€70,884 | |
| Other liabilities and charges | 164/5 | - | €70,884 | +€70,884 | |
| Amounts payable | 17/49 | €432,182 | €303,435 | -€128,746 | -29.8% |
| Amounts payable after more than one year | 17 | €300,000 | €0 | -€300,000 | -100% |
| Financial debts | 170/4 | €300,000 | €0 | -€300,000 | -100% |
| Amounts payable within one year | 42/48 | €132,182 | €303,435 | +€171,254 | +130% |
| Trade debts | 44 | €43,188 | €19,658 | -€23,530 | -54.5% |
| Suppliers | 440/4 | €43,188 | €19,658 | -€23,530 | -54.5% |
| Advances received on contracts in progress | 46 | €555 | €98,271 | +€97,716 | +17,606% |
| Taxes, remuneration and social security | 45 | €81,008 | €176,628 | +€95,620 | +118% |
| Taxes | 450/3 | €59,018 | €160,850 | +€101,832 | +173% |
| Remuneration and social security | 454/9 | €21,990 | €15,777 | -€6,212 | -28.3% |
| Other amounts payable | 47/48 | €7,431 | €8,878 | +€1,448 | +19.5% |
| Remuneration, social security and pensions | 62 | €159,547 | €115,646 | -€43,900 | -27.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,186 | €18,486 | +€300 | +1.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €70,884 | +€70,884 | |
| Other operating charges | 640/8 | €5,662 | €4,646 | -€1,017 | -18.0% |
| Gross operating margin | 9900 | €453,309 | €677,256 | +€223,947 | +49.4% |
| Operating profit (loss) | 9901 | €269,914 | €467,594 | +€197,680 | +73.2% |
| Financial income | 75/76B | €7,773 | €8,614 | +€841 | +10.8% |
| Recurring financial income | 75 | €7,773 | €8,614 | +€841 | +10.8% |
| Financial charges | 65/66B | €24,740 | €9,230 | -€15,509 | -62.7% |
| Recurring financial charges | 65 | €24,740 | €9,230 | -€15,509 | -62.7% |
| Profit (loss) for the period before taxes | 9903 | €252,948 | €466,978 | +€214,031 | +84.6% |
| Income taxes | 67/77 | €84,300 | €153,658 | +€69,358 | +82.3% |
| Profit (loss) for the period | 9904 | €168,647 | €313,320 | +€144,672 | +85.8% |
| Profit (loss) for the period to be appropriated | 9905 | €168,647 | €313,320 | +€144,672 | +85.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.