D'HOOGE³: 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.
D'HOOGE³
Largest movements
- Cash -€288,675
down €288,675 (-91.1%), from €316,801 to €28,126
mainly Other debts (-€198,473) and Net result for the year (-€66,816)
- Receivables within one year -€27,447
down €27,447 (-81.0%), from €33,891 to €6,444
of which Trade receivables: -€17,875
- Financial fixed assets -€18,606
no longer reported in 2025 (was €18,606)
- Other debts -€198,473
no longer reported in 2025 (was €198,473)
- Profit (loss) carried forward -€66,816
down €66,816, from €47,174 to -€19,642
- Trade debts -€54,439
down €54,439 (-68.1%), from €79,933 to €25,494
- Tax, wage and social debts -€15,000
no longer reported in 2025 (was €15,000)
- Turnover -€621,758
down €621,758 (-96.7%), from €642,934 to €21,176
- Gross operating margin -€436,832
down €436,832, from €390,129 to -€46,703
- Purchases and services -€184,926
down €184,926 (-73.1%), from €252,805 to €67,879
- Taxes -€56,470
down €56,470 (-94.1%), from €60,000 to €3,530
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 | €369,298 | €34,570 | -€334,728 | -90.6% |
| Fixed assets | 21/28 | €18,606 | - | -€18,606 | |
| Financial fixed assets | 28 | €18,606 | - | -€18,606 | |
| Current assets | 29/58 | €350,692 | €34,570 | -€316,122 | -90.1% |
| Amounts receivable within one year | 40/41 | €33,891 | €6,444 | -€27,447 | -81.0% |
| Trade receivables | 40 | €17,875 | - | -€17,875 | |
| Other amounts receivable | 41 | €16,016 | €6,444 | -€9,572 | -59.8% |
| Cash at bank and in hand | 54/58 | €316,801 | €28,126 | -€288,675 | -91.1% |
| Total equity and liabilities | 10/49 | €369,298 | €34,570 | -€334,728 | -90.6% |
| Equity | 10/15 | €75,892 | €9,076 | -€66,816 | -88.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €3,718 | €3,718 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,718 | €3,718 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,718 | €3,718 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,174 | -€19,642 | -€66,816 | |
| Amounts payable | 17/49 | €293,406 | €25,494 | -€267,912 | -91.3% |
| Amounts payable within one year | 42/48 | €293,406 | €25,494 | -€267,912 | -91.3% |
| Trade debts | 44 | €79,933 | €25,494 | -€54,439 | -68.1% |
| Suppliers | 440/4 | €79,933 | €25,494 | -€54,439 | -68.1% |
| Taxes, remuneration and social security | 45 | €15,000 | - | -€15,000 | |
| Taxes | 450/3 | €15,000 | - | -€15,000 | |
| Other amounts payable | 47/48 | €198,473 | - | -€198,473 | |
| Turnover | 70 | €642,934 | €21,176 | -€621,758 | -96.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €252,805 | €67,879 | -€184,926 | -73.1% |
| Remuneration, social security and pensions | 62 | €3,696 | - | -€3,696 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,401 | - | -€3,401 | |
| Other operating charges | 640/8 | €13,157 | €11,712 | -€1,445 | -11.0% |
| Gross operating margin | 9900 | €390,129 | -€46,703 | -€436,832 | |
| Operating profit (loss) | 9901 | €369,875 | -€58,415 | -€428,290 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €8,035 | €4,873 | -€3,162 | -39.4% |
| Recurring financial charges | 65 | €8,035 | €4,873 | -€3,162 | -39.4% |
| Profit (loss) for the period before taxes | 9903 | €361,840 | -€63,286 | -€425,126 | |
| Transfer from deferred taxes | 780 | €175,557 | - | -€175,557 | |
| Income taxes | 67/77 | €60,000 | €3,530 | -€56,470 | -94.1% |
| Profit (loss) for the period | 9904 | €477,397 | -€66,816 | -€544,213 | |
| Profit (loss) for the period to be appropriated | 9905 | €477,397 | -€66,816 | -€544,213 |
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 21 October 2026 via checked.be.