VANHULLEBUS KRIS: what changed
Two financial 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.
VANHULLEBUS KRIS
Largest movements
- Tangible fixed assets +€313,072
up €313,072 (+295%), from €105,966 to €419,038
of which Leasing and similar rights: +€284,351
- Receivables within one year -€92,429
down €92,429 (-32.6%), from €283,551 to €191,122
of which Trade receivables: -€96,206
- Cash +€34,130
up €34,130, from €0 to €34,130
mainly Debts after one year (+€251,346) and Receivables within one year (+€92,429)
- Deferred charges and accrued income +€20,756
up €20,756 (+669%), from €3,104 to €23,861
- Debts after one year +€251,346
up €251,346 (+795%), from €31,619 to €282,965
- Current portion of long-term debt +€33,850
up €33,850 (+122%), from €27,783 to €61,634
- Trade debts -€17,981
down €17,981 (-8.6%), from €208,940 to €190,959
- Reserves +€13,964
up €13,964 (+12.6%), from €110,945 to €124,909
of which Distributable reserves: +€13,964
- Tax, wage and social debts +€12,356
up €12,356 (+121%), from €10,253 to €22,610
of which Remuneration and social security: +€9,364
- Gross operating margin +€60,031
up €60,031 (+24.8%), from €241,669 to €301,701
- Staff costs +€20,948
up €20,948 (+11.0%), from €190,778 to €211,725
- Depreciation +€15,169
up €15,169 (+33.6%), from €45,120 to €60,289
- Financial charges +€9,044
up €9,044 (+248%), from €3,646 to €12,690
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.
Derived cash bridge
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 | €450,745 | €727,974 | +€277,230 | +61.5% |
| Fixed assets | 21/28 | €105,966 | €419,038 | +€313,072 | +295% |
| Tangible fixed assets | 22/27 | €105,966 | €419,038 | +€313,072 | +295% |
| Plant, machinery and equipment | 23 | €51,267 | €43,841 | -€7,425 | -14.5% |
| Furniture and vehicles | 24 | €54,700 | €90,846 | +€36,146 | +66.1% |
| Leasing and similar rights | 25 | - | €284,351 | +€284,351 | |
| Current assets | 29/58 | €344,778 | €308,936 | -€35,842 | -10.4% |
| Stocks and contracts in progress | 3 | €58,123 | €59,823 | +€1,701 | +2.9% |
| Stocks | 30/36 | €58,123 | €59,823 | +€1,701 | +2.9% |
| Amounts receivable within one year | 40/41 | €283,551 | €191,122 | -€92,429 | -32.6% |
| Trade receivables | 40 | €246,477 | €150,270 | -€96,206 | -39.0% |
| Other amounts receivable | 41 | €37,075 | €40,852 | +€3,777 | +10.2% |
| Cash at bank and in hand | 54/58 | €0 | €34,130 | +€34,130 | |
| Deferred charges and accrued income | 490/1 | €3,104 | €23,861 | +€20,756 | +669% |
| Total equity and liabilities | 10/49 | €450,745 | €727,974 | +€277,230 | +61.5% |
| Equity | 10/15 | €129,545 | €143,509 | +€13,964 | +10.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €110,945 | €124,909 | +€13,964 | +12.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €109,085 | €123,049 | +€13,964 | +12.8% |
| Amounts payable | 17/49 | €321,200 | €584,465 | +€263,266 | +82.0% |
| Amounts payable after more than one year | 17 | €31,619 | €282,965 | +€251,346 | +795% |
| Financial debts | 170/4 | €31,619 | €282,965 | +€251,346 | +795% |
| Amounts payable within one year | 42/48 | €289,581 | €301,501 | +€11,920 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €27,783 | €61,634 | +€33,850 | +122% |
| Financial debts | 43 | €10,205 | €181 | -€10,025 | -98.2% |
| Credit institutions | 430/8 | €10,205 | €181 | -€10,025 | -98.2% |
| Trade debts | 44 | €208,940 | €190,959 | -€17,981 | -8.6% |
| Suppliers | 440/4 | €208,940 | €190,959 | -€17,981 | -8.6% |
| Advances received on contracts in progress | 46 | €4,000 | €0 | -€4,000 | -100% |
| Taxes, remuneration and social security | 45 | €10,253 | €22,610 | +€12,356 | +121% |
| Taxes | 450/3 | €502 | €3,494 | +€2,992 | +596% |
| Remuneration and social security | 454/9 | €9,752 | €19,116 | +€9,364 | +96.0% |
| Other amounts payable | 47/48 | €28,399 | €26,118 | -€2,281 | -8.0% |
| Remuneration, social security and pensions | 62 | €190,778 | €211,725 | +€20,948 | +11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,120 | €60,289 | +€15,169 | +33.6% |
| Other operating charges | 640/8 | €3,191 | €3,920 | +€729 | +22.8% |
| Gross operating margin | 9900 | €241,669 | €301,701 | +€60,031 | +24.8% |
| Operating profit (loss) | 9901 | €2,581 | €25,767 | +€23,186 | +898% |
| Financial income | 75/76B | €260 | €887 | +€627 | +241% |
| Recurring financial income | 75 | €260 | €887 | +€627 | +241% |
| Financial charges | 65/66B | €3,646 | €12,690 | +€9,044 | +248% |
| Recurring financial charges | 65 | €3,646 | €12,690 | +€9,044 | +248% |
| Profit (loss) for the period before taxes | 9903 | -€805 | €13,964 | +€14,769 | |
| Profit (loss) for the period | 9904 | -€805 | €13,964 | +€14,769 | |
| Profit (loss) for the period to be appropriated | 9905 | -€805 | €13,964 | +€14,769 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.