De Hondenhaven: 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 Hondenhaven
Largest movements
- Tangible fixed assets -€32,020
down €32,020 (-11.9%), from €269,749 to €237,730
of which Land and buildings: -€20,235
- Receivables within one year +€7,371
up €7,371 (+340%), from €2,166 to €9,537
of which Trade receivables: +€7,349
- Cash -€6,782
down €6,782 (-49.1%), from €13,817 to €7,035
mainly Net result for the year (-€27,312) and Debts after one year (-€12,359)
- Profit (loss) carried forward -€27,312
down €27,312 (-59,777%), from -€46 to -€27,358
- Debts after one year -€12,359
down €12,359 (-6.3%), from €196,114 to €183,755
- Other debts +€9,411
up €9,411 (+18.4%), from €51,054 to €60,466
- Gross operating margin -€18,036
down €18,036 (-44.1%), from €40,897 to €22,861
- Other operating charges -€3,135
down €3,135 (-58.6%), from €5,349 to €2,214
- Depreciation +€1,741
up €1,741 (+5.7%), from €30,279 to €32,020
- Financial charges -€518
down €518 (-3.2%), from €16,329 to €15,811
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €286,023 | €254,663 | -€31,360 | -11.0% |
| Fixed assets | 21/28 | €269,749 | €237,730 | -€32,020 | -11.9% |
| Tangible fixed assets | 22/27 | €269,749 | €237,730 | -€32,020 | -11.9% |
| Land and buildings | 22 | €229,764 | €209,529 | -€20,235 | -8.8% |
| Plant, machinery and equipment | 23 | €13,941 | €9,814 | -€4,127 | -29.6% |
| Furniture and vehicles | 24 | €22,160 | €15,083 | -€7,077 | -31.9% |
| Other tangible fixed assets | 26 | €3,885 | €3,304 | -€580 | -14.9% |
| Current assets | 29/58 | €16,273 | €16,933 | +€660 | +4.1% |
| Amounts receivable within one year | 40/41 | €2,166 | €9,537 | +€7,371 | +340% |
| Trade receivables | 40 | €2,166 | €9,515 | +€7,349 | +339% |
| Other amounts receivable | 41 | - | €22 | +€22 | |
| Cash at bank and in hand | 54/58 | €13,817 | €7,035 | -€6,782 | -49.1% |
| Deferred charges and accrued income | 490/1 | €290 | €360 | +€71 | +24.4% |
| Total equity and liabilities | 10/49 | €286,023 | €254,663 | -€31,360 | -11.0% |
| Equity | 10/15 | €18,504 | -€8,808 | -€27,312 | |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46 | -€27,358 | -€27,312 | -59,777% |
| Amounts payable | 17/49 | €267,518 | €263,471 | -€4,048 | -1.5% |
| Amounts payable after more than one year | 17 | €196,114 | €183,755 | -€12,359 | -6.3% |
| Financial debts | 170/4 | €196,114 | €183,755 | -€12,359 | -6.3% |
| Amounts payable within one year | 42/48 | €68,404 | €76,716 | +€8,312 | +12.2% |
| Current portion of amounts payable after more than one year | 42 | €11,700 | €12,359 | +€659 | +5.6% |
| Trade debts | 44 | €2,474 | €1,341 | -€1,133 | -45.8% |
| Suppliers | 440/4 | €2,474 | €1,341 | -€1,133 | -45.8% |
| Taxes, remuneration and social security | 45 | €3,176 | €2,550 | -€626 | -19.7% |
| Taxes | 450/3 | €2,743 | €2,550 | -€193 | -7.0% |
| Remuneration and social security | 454/9 | €433 | - | -€433 | |
| Other amounts payable | 47/48 | €51,054 | €60,466 | +€9,411 | +18.4% |
| Accrued charges and deferred income | 492/3 | €3,000 | €3,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,279 | €32,020 | +€1,741 | +5.7% |
| Other operating charges | 640/8 | €5,349 | €2,214 | -€3,135 | -58.6% |
| Gross operating margin | 9900 | €40,897 | €22,861 | -€18,036 | -44.1% |
| Operating profit (loss) | 9901 | €5,269 | -€11,372 | -€16,641 | |
| Financial income | 75/76B | €25 | €12 | -€12 | -49.4% |
| Recurring financial income | 75 | €25 | €12 | -€12 | -49.4% |
| Financial charges | 65/66B | €16,329 | €15,811 | -€518 | -3.2% |
| Recurring financial charges | 65 | €16,329 | €15,811 | -€518 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | -€11,036 | -€27,171 | -€16,135 | -146% |
| Income taxes | 67/77 | €140 | €142 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€11,176 | -€27,312 | -€16,136 | -144% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,176 | -€27,312 | -€16,136 | -144% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.