DE HOEVE: 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 HOEVE
Largest movements
- Cash +€95,843
up €95,843 (+45.1%), from €212,594 to €308,437
mainly Net result for the year (+€84,705) and Depreciation (+€22,289)
- Reserves +€84,705
up €84,705 (+224.8%), from €37,681 to €122,385
of which Distributable reserves: +€84,705
- Tax, wage and social debts +€9,418
up €9,418 (+12.6%), from €74,495 to €83,913
of which Taxes: +€8,136
- Other debts +€6,104
up €6,104 (+11.1%), from €55,149 to €61,253
- Other operating charges -€31,991
down €31,991 (-76.8%), from €41,670 to €9,679
- Financial charges +€9,332
up €9,332 (+693.9%), from €1,345 to €10,677
- Taxes +€6,267
up €6,267 (+25.3%), from €24,738 to €31,005
- Gross operating margin +€4,410
up €4,410 (+1.3%), from €333,656 to €338,066
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.
Cash bridge derived
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 | €319,083 | €416,081 | +€96,998 | +30.4% |
| Fixed assets | 21/28 | €100,186 | €99,602 | -€584 | -0.6% |
| Tangible fixed assets | 22/27 | €96,442 | €96,748 | +€306 | +0.3% |
| Land and buildings | 22 | €11,023 | €8,454 | -€2,570 | -23.3% |
| Plant, machinery and equipment | 23 | €81,440 | €85,370 | +€3,930 | +4.8% |
| Furniture and vehicles | 24 | €3,979 | €2,924 | -€1,054 | -26.5% |
| Financial fixed assets | 28 | €3,744 | €2,854 | -€890 | -23.8% |
| Current assets | 29/58 | €218,897 | €316,479 | +€97,582 | +44.6% |
| Stocks and contracts in progress | 3 | €2,229 | €3,842 | +€1,614 | +72.4% |
| Stocks | 30/36 | €2,229 | €3,842 | +€1,614 | +72.4% |
| Amounts receivable within one year | 40/41 | €4,075 | €4,200 | +€125 | +3.1% |
| Trade receivables | 40 | €4,075 | €4,200 | +€125 | +3.1% |
| Cash at bank and in hand | 54/58 | €212,594 | €308,437 | +€95,843 | +45.1% |
| Total equity and liabilities | 10/49 | €319,083 | €416,081 | +€96,998 | +30.4% |
| Equity | 10/15 | €137,681 | €222,385 | +€84,705 | +61.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €37,681 | €122,385 | +€84,705 | +224.8% |
| Non-distributable reserves | 130/1 | €248 | €248 | = | 0.0% |
| Legal reserve | 130 | €248 | €248 | = | 0.0% |
| Distributable reserves | 133 | €37,433 | €122,137 | +€84,705 | +226.3% |
| Amounts payable | 17/49 | €181,403 | €193,696 | +€12,293 | +6.8% |
| Amounts payable within one year | 42/48 | €181,403 | €193,696 | +€12,293 | +6.8% |
| Trade debts | 44 | €51,759 | €48,530 | -€3,229 | -6.2% |
| Suppliers | 440/4 | €51,759 | €48,530 | -€3,229 | -6.2% |
| Taxes, remuneration and social security | 45 | €74,495 | €83,913 | +€9,418 | +12.6% |
| Taxes | 450/3 | €57,465 | €65,601 | +€8,136 | +14.2% |
| Remuneration and social security | 454/9 | €17,030 | €18,313 | +€1,283 | +7.5% |
| Other amounts payable | 47/48 | €55,149 | €61,253 | +€6,104 | +11.1% |
| Remuneration, social security and pensions | 62 | €181,239 | €179,713 | -€1,526 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,819 | €22,289 | +€470 | +2.2% |
| Other operating charges | 640/8 | €41,670 | €9,679 | -€31,991 | -76.8% |
| Gross operating margin | 9900 | €333,656 | €338,066 | +€4,410 | +1.3% |
| Operating profit (loss) | 9901 | €88,928 | €126,385 | +€37,457 | +42.1% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €1,345 | €10,677 | +€9,332 | +693.9% |
| Recurring financial charges | 65 | €1,345 | €10,677 | +€9,332 | +693.9% |
| Profit (loss) for the period before taxes | 9903 | €87,583 | €115,710 | +€28,127 | +32.1% |
| Income taxes | 67/77 | €24,738 | €31,005 | +€6,267 | +25.3% |
| Profit (loss) for the period | 9904 | €62,845 | €84,705 | +€21,860 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €62,845 | €84,705 | +€21,860 | +34.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.