Blauwe Hoeve: 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.
Blauwe Hoeve
Largest movements
- Receivables within one year -€8,469
down €8,469 (-25.6%), from €33,021 to €24,552
of which Trade receivables: -€11,859
- Tangible fixed assets +€7,440
up €7,440 (+7.2%), from €103,108 to €110,549
of which Plant, machinery and equipment: +€13,044
- Other debts -€11,657
down €11,657 (-18.5%), from €63,058 to €51,400
- Tax, wage and social debts +€9,882
up €9,882 (+370%), from €2,671 to €12,553
of which Remuneration and social security: +€9,040
- Trade debts -€2,661
down €2,661 (-21.0%), from €12,697 to €10,036
- Profit (loss) carried forward +€2,491
up €2,491 (+6.1%), from -€40,628 to -€38,138
- Gross operating margin +€29,084
up €29,084 (+27.8%), from €104,760 to €133,845
- Staff costs +€23,793
up €23,793 (+35.7%), from €66,677 to €90,469
- Other operating charges +€4,796
up €4,796 (+109%), from €4,389 to €9,185
- Depreciation +€1,755
up €1,755 (+6.4%), from €27,554 to €29,309
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €167,647 | €165,719 | -€1,928 | -1.2% |
| Fixed assets | 21/28 | €103,108 | €110,549 | +€7,440 | +7.2% |
| Tangible fixed assets | 22/27 | €103,108 | €110,549 | +€7,440 | +7.2% |
| Plant, machinery and equipment | 23 | €81,491 | €94,535 | +€13,044 | +16.0% |
| Furniture and vehicles | 24 | €21,618 | €16,014 | -€5,604 | -25.9% |
| Current assets | 29/58 | €64,539 | €55,170 | -€9,369 | -14.5% |
| Stocks and contracts in progress | 3 | €500 | €500 | = | 0.0% |
| Stocks | 30/36 | €500 | €500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €33,021 | €24,552 | -€8,469 | -25.6% |
| Trade receivables | 40 | €33,021 | €21,162 | -€11,859 | -35.9% |
| Other amounts receivable | 41 | - | €3,390 | +€3,390 | |
| Cash at bank and in hand | 54/58 | €29,449 | €29,979 | +€531 | +1.8% |
| Deferred charges and accrued income | 490/1 | €1,569 | €138 | -€1,431 | -91.2% |
| Total equity and liabilities | 10/49 | €167,647 | €165,719 | -€1,928 | -1.2% |
| Equity | 10/15 | €89,222 | €91,712 | +€2,491 | +2.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €109,850 | €109,850 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | - | -€2,000 | |
| Reserves not available under the articles | 1311 | €2,000 | - | -€2,000 | |
| Distributable reserves | 133 | €107,850 | €109,850 | +€2,000 | +1.9% |
| Profit (loss) carried forward | 14 | -€40,628 | -€38,138 | +€2,491 | +6.1% |
| Amounts payable | 17/49 | €78,425 | €74,006 | -€4,419 | -5.6% |
| Amounts payable within one year | 42/48 | €78,425 | €74,006 | -€4,419 | -5.6% |
| Trade debts | 44 | €12,697 | €10,036 | -€2,661 | -21.0% |
| Suppliers | 440/4 | €12,697 | €10,036 | -€2,661 | -21.0% |
| Advances received on contracts in progress | 46 | - | €17 | +€17 | |
| Taxes, remuneration and social security | 45 | €2,671 | €12,553 | +€9,882 | +370% |
| Taxes | 450/3 | €2,176 | €3,018 | +€842 | +38.7% |
| Remuneration and social security | 454/9 | €495 | €9,535 | +€9,040 | +1,827% |
| Other amounts payable | 47/48 | €63,058 | €51,400 | -€11,657 | -18.5% |
| Remuneration, social security and pensions | 62 | €66,677 | €90,469 | +€23,793 | +35.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,554 | €29,309 | +€1,755 | +6.4% |
| Other operating charges | 640/8 | €4,389 | €9,185 | +€4,796 | +109% |
| Gross operating margin | 9900 | €104,760 | €133,845 | +€29,084 | +27.8% |
| Operating profit (loss) | 9901 | €6,141 | €4,882 | -€1,259 | -20.5% |
| Financial income | 75/76B | €1,392 | €512 | -€880 | -63.2% |
| Recurring financial income | 75 | €1,392 | €512 | -€880 | -63.2% |
| Financial charges | 65/66B | €733 | €841 | +€108 | +14.7% |
| Recurring financial charges | 65 | €733 | €841 | +€108 | +14.7% |
| Profit (loss) for the period before taxes | 9903 | €6,800 | €4,553 | -€2,247 | -33.0% |
| Income taxes | 67/77 | €2,102 | €2,063 | -€39 | -1.9% |
| Profit (loss) for the period | 9904 | €4,698 | €2,491 | -€2,208 | -47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,698 | €2,491 | -€2,208 | -47.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.