D'HOOGHE MACHINEBOUW: 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'HOOGHE MACHINEBOUW
Largest movements
- Tangible fixed assets -€108,745
down €108,745 (-19.8%), from €549,898 to €441,153
of which Furniture and vehicles: -€83,916
- Stocks and contracts -€60,835
down €60,835 (-100%), from €60,835 to €0
- Cash -€17,713
down €17,713 (-43.9%), from €40,369 to €22,656
mainly Other debts (-€90,575) and Current portion of long-term debt (-€73,878)
- Receivables within one year +€9,167
up €9,167 (+833%), from €1,101 to €10,268
of which Trade receivables: +€9,098
- Other debts -€90,575
down €90,575 (-100%), from €90,575 to €0
- Current portion of long-term debt -€73,878
down €73,878 (-69.1%), from €106,962 to €33,085
- Reserves +€36,319
up €36,319 (+268%), from €13,549 to €49,868
of which Distributable reserves: +€36,639
- Debts after one year -€33,085
down €33,085 (-8.8%), from €377,664 to €344,580
- Advances received -€32,073
down €32,073 (-100%), from €32,073 to €0
- Gross operating margin +€57,890
up €57,890 (+73.2%), from €79,093 to €136,982
- Taxes +€19,931
up €19,931 (+988%), from €2,017 to €21,948
- Financial charges -€18,729
down €18,729 (-73.7%), from €25,407 to €6,679
of which Non-recurring financial charges: -€12,346
- Depreciation -€14,558
down €14,558 (-37.0%), from €39,387 to €24,829
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 | €653,785 | €474,077 | -€179,708 | -27.5% |
| Fixed assets | 21/28 | €549,974 | €441,153 | -€108,821 | -19.8% |
| Tangible fixed assets | 22/27 | €549,898 | €441,153 | -€108,745 | -19.8% |
| Land and buildings | 22 | €464,674 | €440,613 | -€24,062 | -5.2% |
| Plant, machinery and equipment | 23 | €1,307 | €540 | -€767 | -58.7% |
| Furniture and vehicles | 24 | €83,916 | €0 | -€83,916 | -100% |
| Financial fixed assets | 28 | €76 | €0 | -€76 | -100% |
| Current assets | 29/58 | €103,811 | €32,925 | -€70,886 | -68.3% |
| Stocks and contracts in progress | 3 | €60,835 | €0 | -€60,835 | -100% |
| Stocks | 30/36 | €60,835 | €0 | -€60,835 | -100% |
| Amounts receivable within one year | 40/41 | €1,101 | €10,268 | +€9,167 | +833% |
| Trade receivables | 40 | €174 | €9,272 | +€9,098 | +5,229% |
| Other amounts receivable | 41 | €927 | €996 | +€69 | +7.4% |
| Cash at bank and in hand | 54/58 | €40,369 | €22,656 | -€17,713 | -43.9% |
| Deferred charges and accrued income | 490/1 | €1,506 | €0 | -€1,506 | -100% |
| Total equity and liabilities | 10/49 | €653,785 | €474,077 | -€179,708 | -27.5% |
| Equity | 10/15 | €36,549 | €72,868 | +€36,319 | +99.4% |
| Contributions | 10/11 | €23,000 | €23,000 | = | 0.0% |
| Reserves | 13 | €13,549 | €49,868 | +€36,319 | +268% |
| Non-distributable reserves | 130/1 | €2,620 | €2,300 | -€320 | -12.2% |
| Reserves not available under the articles | 1311 | €2,620 | €2,300 | -€320 | -12.2% |
| Distributable reserves | 133 | €10,929 | €47,568 | +€36,639 | +335% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €617,236 | €401,209 | -€216,026 | -35.0% |
| Amounts payable after more than one year | 17 | €377,664 | €344,580 | -€33,085 | -8.8% |
| Financial debts | 170/4 | €377,664 | €344,580 | -€33,085 | -8.8% |
| Amounts payable within one year | 42/48 | €239,571 | €56,630 | -€182,942 | -76.4% |
| Current portion of amounts payable after more than one year | 42 | €106,962 | €33,085 | -€73,878 | -69.1% |
| Trade debts | 44 | €2,642 | €1,597 | -€1,045 | -39.6% |
| Suppliers | 440/4 | €2,642 | €1,597 | -€1,045 | -39.6% |
| Advances received on contracts in progress | 46 | €32,073 | €0 | -€32,073 | -100% |
| Taxes, remuneration and social security | 45 | €7,318 | €21,948 | +€14,629 | +200% |
| Taxes | 450/3 | €7,318 | €21,948 | +€14,629 | +200% |
| Other amounts payable | 47/48 | €90,575 | €0 | -€90,575 | -100% |
| Non-recurring operating income | 76A | - | €183,201 | +€183,201 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,387 | €24,829 | -€14,558 | -37.0% |
| Other operating charges | 640/8 | €11,289 | €11,030 | -€260 | -2.3% |
| Non-recurring operating charges | 66A | - | €36,179 | +€36,179 | |
| Gross operating margin | 9900 | €79,093 | €136,982 | +€57,890 | +73.2% |
| Operating profit (loss) | 9901 | €28,417 | €64,945 | +€36,528 | +129% |
| Financial income | 75/76B | €5 | €0 | -€5 | -100% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -100% |
| Financial charges | 65/66B | €25,407 | €6,679 | -€18,729 | -73.7% |
| Recurring financial charges | 65 | €13,061 | €6,679 | -€6,382 | -48.9% |
| Non-recurring financial charges | 66B | €12,346 | €0 | -€12,346 | -100% |
| Profit (loss) for the period before taxes | 9903 | €3,014 | €58,267 | +€55,252 | +1,833% |
| Income taxes | 67/77 | €2,017 | €21,948 | +€19,931 | +988% |
| Profit (loss) for the period | 9904 | €998 | €36,319 | +€35,321 | +3,539% |
| Profit (loss) for the period to be appropriated | 9905 | €998 | €36,319 | +€35,321 | +3,539% |
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.