DE BIERHOEVE: 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.
DE BIERHOEVE
Largest movements
- Cash +€102,400
up €102,400 (+74.3%), from €137,783 to €240,183
mainly Other debts (+€221,664) and Net result for the year (+€88,151)
- Tangible fixed assets -€10,981
down €10,981 (-10.9%), from €100,584 to €89,603
of which Furniture and vehicles: -€13,561
- Intangible fixed assets -€9,000
down €9,000 (-40.1%), from €22,438 to €13,438
- Other debts +€221,664
up €221,664 (+13,815%), from €1,605 to €223,269
- Reserves -€137,537
down €137,537 (-100%), from €137,537 to €0
- Debts after one year -€25,000
down €25,000 (-63.2%), from €39,583 to €14,583
- Tax, wage and social debts +€24,556
up €24,556 (+111%), from €22,074 to €46,630
of which Taxes: +€24,556
- Gross operating margin +€41,798
up €41,798 (+31.1%), from €134,222 to €176,020
- Depreciation +€14,026
up €14,026 (+36.6%), from €38,363 to €52,389
- Taxes +€10,841
up €10,841 (+62.2%), from €17,425 to €28,266
- Financial charges -€3,591
down €3,591 (-41.4%), from €8,675 to €5,083
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 | €301,181 | €385,577 | +€84,396 | +28.0% |
| Fixed assets | 21/28 | €123,022 | €103,041 | -€19,981 | -16.2% |
| Intangible fixed assets | 21 | €22,438 | €13,438 | -€9,000 | -40.1% |
| Tangible fixed assets | 22/27 | €100,584 | €89,603 | -€10,981 | -10.9% |
| Plant, machinery and equipment | 23 | €68,306 | €70,886 | +€2,580 | +3.8% |
| Furniture and vehicles | 24 | €32,277 | €18,716 | -€13,561 | -42.0% |
| Current assets | 29/58 | €178,159 | €282,536 | +€104,377 | +58.6% |
| Amounts receivable within one year | 40/41 | €40,377 | €40,985 | +€609 | +1.5% |
| Trade receivables | 40 | €40,377 | €39,057 | -€1,320 | -3.3% |
| Other amounts receivable | 41 | €0 | €1,928 | +€1,928 | |
| Cash at bank and in hand | 54/58 | €137,783 | €240,183 | +€102,400 | +74.3% |
| Deferred charges and accrued income | 490/1 | - | €1,368 | +€1,368 | |
| Total equity and liabilities | 10/49 | €301,181 | €385,577 | +€84,396 | +28.0% |
| Equity | 10/15 | €162,537 | €25,000 | -€137,537 | -84.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €137,537 | €0 | -€137,537 | -100% |
| Distributable reserves | 133 | €137,537 | €0 | -€137,537 | -100% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €138,644 | €360,577 | +€221,933 | +160% |
| Amounts payable after more than one year | 17 | €39,583 | €14,583 | -€25,000 | -63.2% |
| Financial debts | 170/4 | €39,583 | €14,583 | -€25,000 | -63.2% |
| Amounts payable within one year | 42/48 | €99,061 | €345,994 | +€246,933 | +249% |
| Current portion of amounts payable after more than one year | 42 | €22,912 | €25,000 | +€2,088 | +9.1% |
| Trade debts | 44 | €52,471 | €51,095 | -€1,376 | -2.6% |
| Suppliers | 440/4 | €52,471 | €51,095 | -€1,376 | -2.6% |
| Taxes, remuneration and social security | 45 | €22,074 | €46,630 | +€24,556 | +111% |
| Taxes | 450/3 | €22,074 | €46,630 | +€24,556 | +111% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,605 | €223,269 | +€221,664 | +13,815% |
| Remuneration, social security and pensions | 62 | €803 | €401 | -€401 | -50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,363 | €52,389 | +€14,026 | +36.6% |
| Other operating charges | 640/8 | €2,022 | €1,730 | -€292 | -14.5% |
| Gross operating margin | 9900 | €134,222 | €176,020 | +€41,798 | +31.1% |
| Operating profit (loss) | 9901 | €93,034 | €121,500 | +€28,466 | +30.6% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €8,675 | €5,083 | -€3,591 | -41.4% |
| Recurring financial charges | 65 | €8,675 | €5,083 | -€3,591 | -41.4% |
| Profit (loss) for the period before taxes | 9903 | €84,360 | €116,417 | +€32,056 | +38.0% |
| Income taxes | 67/77 | €17,425 | €28,266 | +€10,841 | +62.2% |
| Profit (loss) for the period | 9904 | €66,935 | €88,151 | +€21,215 | +31.7% |
| Profit (loss) for the period to be appropriated | 9905 | €66,935 | €88,151 | +€21,215 | +31.7% |
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.