VANPOUCKE HANS: 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.
VANPOUCKE HANS
Largest movements
- Cash -€42,633
down €42,633 (-32.8%), from €130,052 to €87,420
mainly Contributions, distributions and other (-€103,744) and Debts after one year (-€20,355)
- Tangible fixed assets -€34,389
down €34,389 (-29.6%), from €116,031 to €81,642
- Receivables within one year +€13,073
up €13,073 (+10.4%), from €125,566 to €138,639
of which Other amounts receivable: +€18,169
- Deferred charges and accrued income -€5,298
down €5,298 (-11.2%), from €47,384 to €42,086
- Profit (loss) carried forward -€75,778
down €75,778 (-100%), from €75,778 to €0
- Reserves +€40,997
up €40,997 (+22.6%), from €181,047 to €222,044
- Debts after one year -€20,355
down €20,355 (-52.1%), from €39,082 to €18,726
- Tax, wage and social debts -€19,158
down €19,158 (-44.2%), from €43,340 to €24,181
of which Taxes: -€20,236
- Trade debts +€15,779
up €15,779 (+140%), from €11,283 to €27,062
- Staff costs +€10,312
up €10,312 (+11.5%), from €89,780 to €100,092
- Financial charges -€5,425
down €5,425 (-71.1%), from €7,630 to €2,205
of which Non-recurring financial charges: -€4,800
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 | €421,543 | €352,844 | -€68,699 | -16.3% |
| Fixed assets | 21/28 | €116,031 | €81,642 | -€34,389 | -29.6% |
| Tangible fixed assets | 22/27 | €116,031 | €81,642 | -€34,389 | -29.6% |
| Plant, machinery and equipment | 23 | €34,348 | €27,527 | -€6,821 | -19.9% |
| Furniture and vehicles | 24 | €59,366 | €42,603 | -€16,763 | -28.2% |
| Leasing and similar rights | 25 | €16,440 | €8,220 | -€8,220 | -50.0% |
| Other tangible fixed assets | 26 | €5,877 | €3,291 | -€2,586 | -44.0% |
| Current assets | 29/58 | €305,512 | €271,202 | -€34,310 | -11.2% |
| Stocks and contracts in progress | 3 | €2,510 | €3,058 | +€548 | +21.8% |
| Stocks | 30/36 | €2,510 | €3,058 | +€548 | +21.8% |
| Amounts receivable within one year | 40/41 | €125,566 | €138,639 | +€13,073 | +10.4% |
| Trade receivables | 40 | €123,143 | €118,047 | -€5,096 | -4.1% |
| Other amounts receivable | 41 | €2,423 | €20,592 | +€18,169 | +750% |
| Cash at bank and in hand | 54/58 | €130,052 | €87,420 | -€42,633 | -32.8% |
| Deferred charges and accrued income | 490/1 | €47,384 | €42,086 | -€5,298 | -11.2% |
| Total equity and liabilities | 10/49 | €421,543 | €352,844 | -€68,699 | -16.3% |
| Equity | 10/15 | €269,225 | €234,444 | -€34,781 | -12.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €181,047 | €222,044 | +€40,997 | +22.6% |
| Distributable reserves | 133 | €181,047 | €222,044 | +€40,997 | +22.6% |
| Profit (loss) carried forward | 14 | €75,778 | €0 | -€75,778 | -100% |
| Provisions and deferred taxes | 16 | €28,075 | €28,075 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €28,075 | €28,075 | = | 0.0% |
| Pensions and similar obligations | 160 | €28,075 | €28,075 | = | 0.0% |
| Amounts payable | 17/49 | €124,243 | €90,325 | -€33,918 | -27.3% |
| Amounts payable after more than one year | 17 | €39,082 | €18,726 | -€20,355 | -52.1% |
| Financial debts | 170/4 | €39,082 | €18,726 | -€20,355 | -52.1% |
| Amounts payable within one year | 42/48 | €85,161 | €71,598 | -€13,563 | -15.9% |
| Current portion of amounts payable after more than one year | 42 | €16,246 | €20,355 | +€4,110 | +25.3% |
| Trade debts | 44 | €11,283 | €27,062 | +€15,779 | +140% |
| Suppliers | 440/4 | €11,283 | €27,062 | +€15,779 | +140% |
| Taxes, remuneration and social security | 45 | €43,340 | €24,181 | -€19,158 | -44.2% |
| Taxes | 450/3 | €29,488 | €9,252 | -€20,236 | -68.6% |
| Remuneration and social security | 454/9 | €13,852 | €14,930 | +€1,078 | +7.8% |
| Other amounts payable | 47/48 | €14,293 | €0 | -€14,293 | -100% |
| Non-recurring operating income | 76A | - | €9,000 | +€9,000 | |
| Remuneration, social security and pensions | 62 | €89,780 | €100,092 | +€10,312 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,014 | €44,647 | +€633 | +1.4% |
| Other operating charges | 640/8 | €572 | €579 | +€7 | +1.3% |
| Gross operating margin | 9900 | €240,345 | €242,087 | +€1,742 | +0.7% |
| Operating profit (loss) | 9901 | €105,980 | €96,769 | -€9,210 | -8.7% |
| Financial income | 75/76B | €1,926 | €1,339 | -€586 | -30.5% |
| Recurring financial income | 75 | €1,926 | €1,339 | -€586 | -30.5% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €7,630 | €2,205 | -€5,425 | -71.1% |
| Recurring financial charges | 65 | €2,830 | €2,205 | -€625 | -22.1% |
| Non-recurring financial charges | 66B | €4,800 | €0 | -€4,800 | -100% |
| Profit (loss) for the period before taxes | 9903 | €100,275 | €95,904 | -€4,372 | -4.4% |
| Income taxes | 67/77 | €29,159 | €26,940 | -€2,218 | -7.6% |
| Profit (loss) for the period | 9904 | €71,116 | €68,963 | -€2,153 | -3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €71,116 | €68,963 | -€2,153 | -3.0% |
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 30 October 2026 via checked.be.