DE HOEF: what changed
Two fiscal 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 HOEF
Largest movements
- Cash +€19,670
up €19,670 (+29.8%), from €65,899 to €85,569
mainly Net result for the year (+€13,268) and Depreciation (+€10,940)
- Tangible fixed assets -€10,940
down €10,940 (-3.3%), from €336,001 to €325,061
of which Land and buildings: -€9,964
- Receivables within one year +€10,800
up €10,800 (+13.8%), from €78,500 to €89,300
- Profit (loss) carried forward +€12,784
up €12,784 (+9.2%), from -€139,452 to -€126,668
- Gross operating margin +€13,307
up €13,307 (+62.5%), from €21,291 to €34,597
- Financial charges +€2,203
up €2,203 (+52.8%), from €4,175 to €6,378
- Taxes -€384
no longer reported in 2024 (was €384)
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €744,701 | €764,230 | +€19,530 | +2.6% |
| Fixed assets | 21/28 | €336,001 | €325,061 | -€10,940 | -3.3% |
| Tangible fixed assets | 22/27 | €336,001 | €325,061 | -€10,940 | -3.3% |
| Land and buildings | 22 | €329,450 | €319,486 | -€9,964 | -3.0% |
| Plant, machinery and equipment | 23 | €4,828 | €4,283 | -€545 | -11.3% |
| Furniture and vehicles | 24 | €1,723 | €1,292 | -€431 | -25.0% |
| Current assets | 29/58 | €408,699 | €439,169 | +€30,470 | +7.5% |
| Amounts receivable within one year | 40/41 | €78,500 | €89,300 | +€10,800 | +13.8% |
| Other amounts receivable | 41 | €78,500 | €89,300 | +€10,800 | +13.8% |
| Cash at bank and in hand | 54/58 | €65,899 | €85,569 | +€19,670 | +29.8% |
| Deferred charges and accrued income | 490/1 | €264,300 | €264,300 | = | 0.0% |
| Total equity and liabilities | 10/49 | €744,701 | €764,230 | +€19,530 | +2.6% |
| Equity | 10/15 | €11,763 | €24,547 | +€12,784 | +108.7% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Revaluation surpluses | 12 | €83,044 | €83,044 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€139,452 | -€126,668 | +€12,784 | +9.2% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Taxes | 161 | €0 | - | = | |
| Amounts payable | 17/49 | €732,938 | €739,683 | +€6,745 | +0.9% |
| Amounts payable after more than one year | 17 | €656,032 | €656,032 | = | 0.0% |
| Financial debts | 170/4 | €400,000 | €400,000 | = | 0.0% |
| Other amounts payable | 178/9 | €256,032 | €256,032 | = | 0.0% |
| Amounts payable within one year | 42/48 | €76,906 | €83,651 | +€6,745 | +8.8% |
| Trade debts | 44 | €4,204 | €6,829 | +€2,625 | +62.4% |
| Suppliers | 440/4 | €83 | €6,829 | +€6,745 | +8083.2% |
| Bills of exchange payable | 441 | €4,121 | - | -€4,121 | |
| Other amounts payable | 47/48 | €72,701 | €76,822 | +€4,121 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,940 | €10,940 | = | 0.0% |
| Other operating charges | 640/8 | €4,376 | €4,333 | -€44 | -1.0% |
| Gross operating margin | 9900 | €21,291 | €34,597 | +€13,307 | +62.5% |
| Operating profit (loss) | 9901 | €5,974 | €19,324 | +€13,350 | +223.5% |
| Financial income | 75/76B | - | €322 | +€322 | |
| Recurring financial income | 75 | - | €322 | +€322 | |
| Financial charges | 65/66B | €4,175 | €6,378 | +€2,203 | +52.8% |
| Recurring financial charges | 65 | €4,175 | €6,378 | +€2,203 | +52.8% |
| Profit (loss) for the period before taxes | 9903 | €1,799 | €13,268 | +€11,469 | +637.4% |
| Income taxes | 67/77 | €384 | - | -€384 | |
| Profit (loss) for the period | 9904 | €1,415 | €13,268 | +€11,853 | +837.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,415 | €13,268 | +€11,853 | +837.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.