D'HOOGH: 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'HOOGH
Largest movements
- Tangible fixed assets -€26,539
down €26,539 (-1.1%), from €2.5m to €2.5m
of which Land and buildings: -€26,539
- Profit (loss) carried forward -€370,468
down €370,468 (-168%), from -€220,404 to -€590,872
- Trade debts +€228,970
up €228,970 (+1,067%), from €21,458 to €250,428
- Debts after one year +€102,000
up €102,000 (+11.2%), from €910,167 to €1.0m
- Other operating charges +€183,860
up €183,860 (+26,625%), from €691 to €184,551
- Gross operating margin -€172,803
down €172,803 (-5,952%), from -€2,903 to -€175,707
- Depreciation -€17,437
down €17,437 (-56.6%), from €30,821 to €13,383
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 | €2,574,540 | €2,532,116 | -€42,424 | -1.6% |
| Fixed assets | 21/28 | €2,518,850 | €2,492,311 | -€26,539 | -1.1% |
| Tangible fixed assets | 22/27 | €2,518,850 | €2,492,311 | -€26,539 | -1.1% |
| Land and buildings | 22 | €2,518,850 | €2,492,311 | -€26,539 | -1.1% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €55,690 | €39,805 | -€15,885 | -28.5% |
| Stocks and contracts in progress | 3 | €13,585 | €13,585 | = | 0.0% |
| Stocks | 30/36 | €13,585 | €13,585 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €22,912 | €7,468 | -€15,444 | -67.4% |
| Trade receivables | 40 | €20,246 | - | -€20,246 | |
| Other amounts receivable | 41 | €2,666 | €7,468 | +€4,802 | +180% |
| Cash at bank and in hand | 54/58 | €14,285 | €15,262 | +€977 | +6.8% |
| Deferred charges and accrued income | 490/1 | €4,909 | €3,491 | -€1,418 | -28.9% |
| Total equity and liabilities | 10/49 | €2,574,540 | €2,532,116 | -€42,424 | -1.6% |
| Equity | 10/15 | €1,642,847 | €1,269,360 | -€373,487 | -22.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €1,681,592 | €1,681,592 | = | 0.0% |
| Reserves | 13 | €66,455 | €66,455 | = | 0.0% |
| Tax-exempt reserves | 132 | €30,250 | €30,250 | = | 0.0% |
| Distributable reserves | 133 | €36,205 | €36,205 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€220,404 | -€590,872 | -€370,468 | -168% |
| Investment grants | 15 | €96,613 | €93,594 | -€3,019 | -3.1% |
| Amounts payable | 17/49 | €931,693 | €1,262,756 | +€331,063 | +35.5% |
| Amounts payable after more than one year | 17 | €910,167 | €1,012,167 | +€102,000 | +11.2% |
| Financial debts | 170/4 | €910,167 | €1,012,167 | +€102,000 | +11.2% |
| Amounts payable within one year | 42/48 | €21,458 | €250,428 | +€228,970 | +1,067% |
| Trade debts | 44 | €21,458 | €250,428 | +€228,970 | +1,067% |
| Suppliers | 440/4 | €21,458 | €250,428 | +€228,970 | +1,067% |
| Accrued charges and deferred income | 492/3 | €68 | €162 | +€93 | +136% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,821 | €13,383 | -€17,437 | -56.6% |
| Other operating charges | 640/8 | €691 | €184,551 | +€183,860 | +26,625% |
| Gross operating margin | 9900 | -€2,903 | -€175,707 | -€172,803 | -5,952% |
| Operating profit (loss) | 9901 | -€34,415 | -€373,640 | -€339,226 | -986% |
| Financial income | 75/76B | €3,474 | €3,283 | -€192 | -5.5% |
| Recurring financial income | 75 | €3,474 | €3,283 | -€192 | -5.5% |
| Financial charges | 65/66B | €134 | €110 | -€24 | -17.8% |
| Recurring financial charges | 65 | €134 | €110 | -€24 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | -€31,074 | -€370,468 | -€339,393 | -1,092% |
| Profit (loss) for the period | 9904 | -€31,074 | -€370,468 | -€339,393 | -1,092% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,074 | -€370,468 | -€339,393 | -1,092% |
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 14 October 2026 via checked.be.