VONDERHECKEN: 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.
VONDERHECKEN
Largest movements
- Tangible fixed assets -€11,850
down €11,850 (-3.9%), from €300,327 to €288,477
- Cash +€8,634
up €8,634 (+75.7%), from €11,399 to €20,033
mainly Depreciation (+€11,850) and Net result for the year (+€4,970)
- Debts after one year -€11,568
down €11,568 (-5.0%), from €229,563 to €217,994
of which Financial debts: -€11,568
- Profit (loss) carried forward +€4,970
up €4,970 (+46.6%), from -€10,656 to -€5,686
- Gross operating margin +€5,923
up €5,923 (+23.6%), from €25,096 to €31,019
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 | €311,958 | €308,748 | -€3,210 | -1.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €300,327 | €288,477 | -€11,850 | -3.9% |
| Tangible fixed assets | 22/27 | €300,327 | €288,477 | -€11,850 | -3.9% |
| Land and buildings | 22 | €300,327 | €288,477 | -€11,850 | -3.9% |
| Current assets | 29/58 | €11,631 | €20,271 | +€8,640 | +74.3% |
| Cash at bank and in hand | 54/58 | €11,399 | €20,033 | +€8,634 | +75.7% |
| Deferred charges and accrued income | 490/1 | €232 | €237 | +€6 | +2.5% |
| Total equity and liabilities | 10/49 | €311,958 | €308,748 | -€3,210 | -1.0% |
| Equity | 10/15 | €64,344 | €69,314 | +€4,970 | +7.7% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,656 | -€5,686 | +€4,970 | +46.6% |
| Amounts payable | 17/49 | €247,614 | €239,434 | -€8,180 | -3.3% |
| Amounts payable after more than one year | 17 | €229,563 | €217,994 | -€11,568 | -5.0% |
| Financial debts | 170/4 | €176,563 | €164,994 | -€11,568 | -6.6% |
| Other amounts payable | 178/9 | €53,000 | €53,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €14,847 | €18,236 | +€3,388 | +22.8% |
| Current portion of amounts payable after more than one year | 42 | €11,126 | €11,568 | +€442 | +4.0% |
| Trade debts | 44 | €700 | €800 | +€100 | +14.3% |
| Suppliers | 440/4 | €700 | €800 | +€100 | +14.3% |
| Taxes, remuneration and social security | 45 | €906 | €1,126 | +€219 | +24.2% |
| Taxes | 450/3 | €906 | €1,126 | +€219 | +24.2% |
| Other amounts payable | 47/48 | €2,115 | €4,741 | +€2,627 | +124% |
| Accrued charges and deferred income | 492/3 | €3,204 | €3,204 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,850 | €11,850 | = | 0.0% |
| Other operating charges | 640/8 | €3,051 | €3,146 | +€96 | +3.1% |
| Gross operating margin | 9900 | €25,096 | €31,019 | +€5,923 | +23.6% |
| Operating profit (loss) | 9901 | €10,195 | €16,023 | +€5,828 | +57.2% |
| Financial charges | 65/66B | €10,763 | €11,053 | +€289 | +2.7% |
| Recurring financial charges | 65 | €10,763 | €11,053 | +€289 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | -€568 | €4,970 | +€5,538 | |
| Profit (loss) for the period | 9904 | -€568 | €4,970 | +€5,538 | |
| Profit (loss) for the period to be appropriated | 9905 | -€568 | €4,970 | +€5,538 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.