VANHULLE C.E.: what changed
VANHULLE C.E.
Largest movements
- Receivables within one year +€43,217
up €43,217 (+67.1%), from €64,367 to €107,584
of which Trade receivables: +€53,359
- Cash +€14,000
up €14,000 (+45.7%), from €30,628 to €44,628
mainly Net result for the year (+€40,058) and Depreciation (+€23,666)
- Deferred charges and accrued income +€6,592
up €6,592 (+696%), from €947 to €7,539
- Reserves +€40,058
up €40,058 (+52.9%), from €75,757 to €115,815
of which Distributable reserves: +€40,058
- Tax, wage and social debts +€17,518
up €17,518 (+196%), from €8,959 to €26,477
of which Taxes: +€19,611
- Other debts +€13,701
up €13,701 (+225%), from €6,082 to €19,783
- Trade debts -€7,160
down €7,160 (-32.2%), from €22,210 to €15,050
- Gross operating margin +€28,935
up €28,935 (+47.2%), from €61,291 to €90,226
- Taxes +€11,073
up €11,073 (+111%), from €9,983 to €21,056
- Depreciation -€5,949
down €5,949 (-20.1%), from €29,615 to €23,666
- Staff costs -€4,322
down €4,322 (-64.0%), from €6,758 to €2,436
- Other operating charges -€2,771
down €2,771 (-53.4%), from €5,194 to €2,423
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €177,707 | €241,824 | +€64,117 | +36.1% |
| Fixed assets | 21/28 | €81,765 | €82,073 | +€308 | +0.4% |
| Tangible fixed assets | 22/27 | €81,765 | €82,073 | +€308 | +0.4% |
| Plant, machinery and equipment | 23 | €20,707 | €25,568 | +€4,861 | +23.5% |
| Furniture and vehicles | 24 | €61,058 | €56,505 | -€4,553 | -7.5% |
| Current assets | 29/58 | €95,942 | €159,751 | +€63,809 | +66.5% |
| Amounts receivable within one year | 40/41 | €64,367 | €107,584 | +€43,217 | +67.1% |
| Trade receivables | 40 | €29,435 | €82,794 | +€53,359 | +181% |
| Other amounts receivable | 41 | €34,932 | €24,790 | -€10,142 | -29.0% |
| Cash at bank and in hand | 54/58 | €30,628 | €44,628 | +€14,000 | +45.7% |
| Deferred charges and accrued income | 490/1 | €947 | €7,539 | +€6,592 | +696% |
| Total equity and liabilities | 10/49 | €177,707 | €241,824 | +€64,117 | +36.1% |
| Equity | 10/15 | €140,456 | €180,514 | +€40,058 | +28.5% |
| Contributions | 10/11 | €57,250 | €57,250 | = | 0.0% |
| Contributions outside capital | 11 | €57,250 | €57,250 | = | 0.0% |
| Other | 1109/19 | €57,250 | €57,250 | = | 0.0% |
| Reserves | 13 | €75,757 | €115,815 | +€40,058 | +52.9% |
| Non-distributable reserves | 130/1 | €5,725 | €5,725 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,725 | €5,725 | = | 0.0% |
| Distributable reserves | 133 | €70,032 | €110,090 | +€40,058 | +57.2% |
| Profit (loss) carried forward | 14 | €7,449 | €7,449 | = | 0.0% |
| Amounts payable | 17/49 | €37,251 | €61,310 | +€24,059 | +64.6% |
| Amounts payable within one year | 42/48 | €37,251 | €61,310 | +€24,059 | +64.6% |
| Trade debts | 44 | €22,210 | €15,050 | -€7,160 | -32.2% |
| Suppliers | 440/4 | €22,210 | €15,050 | -€7,160 | -32.2% |
| Taxes, remuneration and social security | 45 | €8,959 | €26,477 | +€17,518 | +196% |
| Taxes | 450/3 | €5,801 | €25,412 | +€19,611 | +338% |
| Remuneration and social security | 454/9 | €3,158 | €1,065 | -€2,093 | -66.3% |
| Other amounts payable | 47/48 | €6,082 | €19,783 | +€13,701 | +225% |
| Remuneration, social security and pensions | 62 | €6,758 | €2,436 | -€4,322 | -64.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,615 | €23,666 | -€5,949 | -20.1% |
| Other operating charges | 640/8 | €5,194 | €2,423 | -€2,771 | -53.4% |
| Gross operating margin | 9900 | €61,291 | €90,226 | +€28,935 | +47.2% |
| Operating profit (loss) | 9901 | €19,724 | €61,701 | +€41,977 | +213% |
| Financial income | 75/76B | €2 | €8 | +€6 | +300% |
| Recurring financial income | 75 | €2 | €8 | +€6 | +300% |
| Financial charges | 65/66B | €1,052 | €595 | -€457 | -43.4% |
| Recurring financial charges | 65 | €1,052 | €595 | -€457 | -43.4% |
| Profit (loss) for the period before taxes | 9903 | €18,674 | €61,114 | +€42,440 | +227% |
| Income taxes | 67/77 | €9,983 | €21,056 | +€11,073 | +111% |
| Profit (loss) for the period | 9904 | €8,691 | €40,058 | +€31,367 | +361% |
| Profit (loss) for the period to be appropriated | 9905 | €8,691 | €40,058 | +€31,367 | +361% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.