CUVEE 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.
CUVEE HOEVE
Largest movements
- Receivables within one year +€75,087
up €75,087 (+9.7%), from €772,099 to €847,186
of which Other amounts receivable: +€77,948
- Cash -€70,307
down €70,307 (-57.2%), from €122,918 to €52,611
mainly Receivables within one year (-€75,087) and Tax, wage and social debts (-€40,938)
- Tangible fixed assets +€29,102
up €29,102 (+294.9%), from €9,869 to €38,971
of which Plant, machinery and equipment: +€20,199
- Reserves +€45,730
up €45,730 (+6.5%), from €702,655 to €748,385
- Tax, wage and social debts -€40,938
down €40,938 (-45.6%), from €89,800 to €48,862
of which Taxes: -€28,577
- Other debts +€18,906
up €18,906 (+226.1%), from €8,363 to €27,268
- Staff costs +€146,581
up €146,581 (+39.9%), from €367,383 to €513,963
- Gross operating margin +€35,428
up €35,428 (+6.1%), from €581,543 to €616,970
- Taxes -€30,161
down €30,161 (-56.3%), from €53,543 to €23,382
- Financial income -€14,258
down €14,258 (-97.5%), from €14,619 to €361
- Depreciation +€7,083
up €7,083 (+188.7%), from €3,754 to €10,836
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.
Cash bridge derived
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 | €915,714 | €947,583 | +€31,868 | +3.5% |
| Fixed assets | 21/28 | €9,869 | €38,971 | +€29,102 | +294.9% |
| Tangible fixed assets | 22/27 | €9,869 | €38,971 | +€29,102 | +294.9% |
| Plant, machinery and equipment | 23 | €8,321 | €28,520 | +€20,199 | +242.7% |
| Furniture and vehicles | 24 | €0 | €7,298 | +€7,298 | |
| Other tangible fixed assets | 26 | €1,547 | €3,153 | +€1,605 | +103.7% |
| Current assets | 29/58 | €905,846 | €908,612 | +€2,766 | +0.3% |
| Stocks and contracts in progress | 3 | €3,817 | €4,855 | +€1,038 | +27.2% |
| Stocks | 30/36 | €3,817 | €4,855 | +€1,038 | +27.2% |
| Amounts receivable within one year | 40/41 | €772,099 | €847,186 | +€75,087 | +9.7% |
| Trade receivables | 40 | €11,306 | €8,444 | -€2,861 | -25.3% |
| Other amounts receivable | 41 | €760,793 | €838,742 | +€77,948 | +10.2% |
| Cash at bank and in hand | 54/58 | €122,918 | €52,611 | -€70,307 | -57.2% |
| Deferred charges and accrued income | 490/1 | €7,012 | €3,960 | -€3,052 | -43.5% |
| Total equity and liabilities | 10/49 | €915,714 | €947,583 | +€31,868 | +3.5% |
| Equity | 10/15 | €721,655 | €767,385 | +€45,730 | +6.3% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €702,655 | €748,385 | +€45,730 | +6.5% |
| Distributable reserves | 133 | €702,655 | €748,385 | +€45,730 | +6.5% |
| Amounts payable | 17/49 | €194,059 | €180,198 | -€13,861 | -7.1% |
| Amounts payable within one year | 42/48 | €194,059 | €180,198 | -€13,861 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €53,578 | €53,481 | -€97 | -0.2% |
| Credit institutions | 430/8 | €53,578 | €53,481 | -€97 | -0.2% |
| Trade debts | 44 | €42,318 | €50,586 | +€8,268 | +19.5% |
| Suppliers | 440/4 | €42,318 | €50,586 | +€8,268 | +19.5% |
| Taxes, remuneration and social security | 45 | €89,800 | €48,862 | -€40,938 | -45.6% |
| Taxes | 450/3 | €50,957 | €22,380 | -€28,577 | -56.1% |
| Remuneration and social security | 454/9 | €38,843 | €26,482 | -€12,361 | -31.8% |
| Other amounts payable | 47/48 | €8,363 | €27,268 | +€18,906 | +226.1% |
| Remuneration, social security and pensions | 62 | €367,383 | €513,963 | +€146,581 | +39.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,754 | €10,836 | +€7,083 | +188.7% |
| Other operating charges | 640/8 | €8,628 | €8,179 | -€449 | -5.2% |
| Gross operating margin | 9900 | €581,543 | €616,970 | +€35,428 | +6.1% |
| Operating profit (loss) | 9901 | €201,779 | €83,992 | -€117,787 | -58.4% |
| Financial income | 75/76B | €14,619 | €361 | -€14,258 | -97.5% |
| Recurring financial income | 75 | €14,619 | €361 | -€14,258 | -97.5% |
| Financial charges | 65/66B | €11,594 | €15,241 | +€3,647 | +31.5% |
| Recurring financial charges | 65 | €11,594 | €15,241 | +€3,647 | +31.5% |
| Profit (loss) for the period before taxes | 9903 | €204,804 | €69,112 | -€135,692 | -66.3% |
| Income taxes | 67/77 | €53,543 | €23,382 | -€30,161 | -56.3% |
| Profit (loss) for the period | 9904 | €151,261 | €45,730 | -€105,531 | -69.8% |
| Profit (loss) for the period to be appropriated | 9905 | €151,261 | €45,730 | -€105,531 | -69.8% |
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 11 October 2026 via checked.be.