De Blijde Hoek: 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 Blijde Hoek
Largest movements
- Receivables within one year +€198,467
up €198,467 (+463%), from €42,826 to €241,293
of which Other amounts receivable: +€197,510
- Cash -€95,190
down €95,190 (-37.0%), from €257,132 to €161,942
mainly Contributions, distributions and other (-€225,000) and Receivables within one year (-€198,467)
- Tangible fixed assets +€82,528
up €82,528 (+39.4%), from €209,648 to €292,176
of which Land and buildings: +€101,100
- Other debts +€234,202
up €234,202 (+107%), from €217,971 to €452,173
- Trade debts +€114,846
up €114,846 (+7,104%), from €1,617 to €116,463
- Provisions -€75,210
down €75,210 (-57.1%), from €131,630 to €56,420
- Reserves -€72,436
down €72,436 (-16.1%), from €450,226 to €377,790
of which Distributable reserves: -€72,436
- Tax, wage and social debts -€15,154
down €15,154 (-75.7%), from €20,029 to €4,875
- Provisions +€112,086
up €112,086 (+59.8%), from -€187,296 to -€75,210
- Gross operating margin +€74,616
up €74,616 (+72.9%), from €102,371 to €176,987
- Taxes -€16,878
down €16,878 (-25.8%), from €65,542 to €48,664
- Financial charges +€7,409
up €7,409 (+11,571%), from €64 to €7,473
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 | €912,956 | €1,100,487 | +€187,531 | +20.5% |
| Fixed assets | 21/28 | €209,648 | €292,176 | +€82,528 | +39.4% |
| Tangible fixed assets | 22/27 | €209,648 | €292,176 | +€82,528 | +39.4% |
| Land and buildings | 22 | €186,433 | €287,533 | +€101,100 | +54.2% |
| Furniture and vehicles | 24 | €23,215 | €4,643 | -€18,572 | -80.0% |
| Current assets | 29/58 | €703,308 | €808,311 | +€105,003 | +14.9% |
| Amounts receivable within one year | 40/41 | €42,826 | €241,293 | +€198,467 | +463% |
| Trade receivables | 40 | €31,962 | €32,920 | +€958 | +3.0% |
| Other amounts receivable | 41 | €10,864 | €208,374 | +€197,510 | +1,818% |
| Current investments | 50/53 | €400,000 | €400,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €257,132 | €161,942 | -€95,190 | -37.0% |
| Deferred charges and accrued income | 490/1 | €3,350 | €5,076 | +€1,726 | +51.5% |
| Total equity and liabilities | 10/49 | €912,956 | €1,100,487 | +€187,531 | +20.5% |
| Equity | 10/15 | €515,226 | €442,790 | -€72,436 | -14.1% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €450,226 | €377,790 | -€72,436 | -16.1% |
| Non-distributable reserves | 130/1 | €17,706 | €17,706 | = | 0.0% |
| Legal reserve | 130 | €17,706 | €17,706 | = | 0.0% |
| Distributable reserves | 133 | €432,520 | €360,084 | -€72,436 | -16.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €131,630 | €56,420 | -€75,210 | -57.1% |
| Provisions for liabilities and charges | 160/5 | €131,630 | €56,420 | -€75,210 | -57.1% |
| Major repairs and maintenance | 162 | €131,630 | €56,420 | -€75,210 | -57.1% |
| Amounts payable | 17/49 | €266,100 | €601,277 | +€335,177 | +126% |
| Amounts payable within one year | 42/48 | €239,617 | €573,511 | +€333,894 | +139% |
| Trade debts | 44 | €1,617 | €116,463 | +€114,846 | +7,104% |
| Suppliers | 440/4 | €1,617 | €116,463 | +€114,846 | +7,104% |
| Taxes, remuneration and social security | 45 | €20,029 | €4,875 | -€15,154 | -75.7% |
| Taxes | 450/3 | €20,029 | €4,875 | -€15,154 | -75.7% |
| Other amounts payable | 47/48 | €217,971 | €452,173 | +€234,202 | +107% |
| Accrued charges and deferred income | 492/3 | €26,483 | €27,766 | +€1,283 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,273 | €20,282 | +€9 | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€187,296 | -€75,210 | +€112,086 | +59.8% |
| Other operating charges | 640/8 | €34,790 | €36,484 | +€1,694 | +4.9% |
| Gross operating margin | 9900 | €102,371 | €176,987 | +€74,616 | +72.9% |
| Operating profit (loss) | 9901 | €234,603 | €195,431 | -€39,173 | -16.7% |
| Financial income | 75/76B | €14,703 | €13,271 | -€1,432 | -9.7% |
| Recurring financial income | 75 | €14,703 | €13,271 | -€1,432 | -9.7% |
| Financial charges | 65/66B | €64 | €7,473 | +€7,409 | +11,571% |
| Recurring financial charges | 65 | €64 | €7,473 | +€7,409 | +11,571% |
| Profit (loss) for the period before taxes | 9903 | €249,242 | €201,228 | -€48,014 | -19.3% |
| Income taxes | 67/77 | €65,542 | €48,664 | -€16,878 | -25.8% |
| Profit (loss) for the period | 9904 | €183,700 | €152,564 | -€31,135 | -16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €183,700 | €152,564 | -€31,135 | -16.9% |
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 25 October 2026 via checked.be.