DE HOPSCHUUR: 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 HOPSCHUUR
Largest movements
- Receivables within one year +€16,384
up €16,384 (+26.3%), from €62,381 to €78,765
of which Trade receivables: +€10,671
- Tangible fixed assets -€14,034
down €14,034 (-18.2%), from €77,227 to €63,192
- Deferred charges and accrued income +€4,557
up €4,557 (+122.8%), from €3,710 to €8,267
- Cash +€1,954
up €1,954 (+8.7%), from €22,481 to €24,435
mainly Trade debts (+€23,126) and Depreciation (+€15,415)
- Trade debts +€23,126
up €23,126 (+53.6%), from €43,156 to €66,282
- Reserves -€12,329
down €12,329 (-15.2%), from €81,198 to €68,869
- Debts after one year -€5,467
down €5,467 (-40.0%), from €13,652 to €8,185
- Gross operating margin -€29,842
down €29,842 (-35.5%), from €84,177 to €54,335
- Depreciation +€1,978
up €1,978 (+14.7%), from €13,437 to €15,415
- Other operating charges +€1,778
up €1,778 (+127.0%), from €1,400 to €3,178
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 | €176,702 | €183,861 | +€7,159 | +4.1% |
| Fixed assets | 21/28 | €77,227 | €63,192 | -€14,034 | -18.2% |
| Tangible fixed assets | 22/27 | €77,227 | €63,192 | -€14,034 | -18.2% |
| Land and buildings | 22 | €38,947 | €32,712 | -€6,236 | -16.0% |
| Plant, machinery and equipment | 23 | €17,595 | €14,904 | -€2,691 | -15.3% |
| Furniture and vehicles | 24 | €7,377 | €5,823 | -€1,554 | -21.1% |
| Leasing and similar rights | 25 | €13,307 | €9,754 | -€3,553 | -26.7% |
| Current assets | 29/58 | €99,475 | €120,669 | +€21,194 | +21.3% |
| Stocks and contracts in progress | 3 | €10,903 | €9,202 | -€1,701 | -15.6% |
| Stocks | 30/36 | €10,903 | €9,202 | -€1,701 | -15.6% |
| Amounts receivable within one year | 40/41 | €62,381 | €78,765 | +€16,384 | +26.3% |
| Trade receivables | 40 | €10,959 | €21,631 | +€10,671 | +97.4% |
| Other amounts receivable | 41 | €51,422 | €57,135 | +€5,713 | +11.1% |
| Cash at bank and in hand | 54/58 | €22,481 | €24,435 | +€1,954 | +8.7% |
| Deferred charges and accrued income | 490/1 | €3,710 | €8,267 | +€4,557 | +122.8% |
| Total equity and liabilities | 10/49 | €176,702 | €183,861 | +€7,159 | +4.1% |
| Equity | 10/15 | €99,798 | €87,469 | -€12,329 | -12.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €81,198 | €68,869 | -€12,329 | -15.2% |
| Distributable reserves | 133 | €81,198 | €68,869 | -€12,329 | -15.2% |
| Amounts payable | 17/49 | €76,904 | €96,392 | +€19,489 | +25.3% |
| Amounts payable after more than one year | 17 | €13,652 | €8,185 | -€5,467 | -40.0% |
| Financial debts | 170/4 | €13,652 | €8,185 | -€5,467 | -40.0% |
| Amounts payable within one year | 42/48 | €63,252 | €88,207 | +€24,956 | +39.5% |
| Current portion of amounts payable after more than one year | 42 | €5,154 | €5,467 | +€313 | +6.1% |
| Trade debts | 44 | €43,156 | €66,282 | +€23,126 | +53.6% |
| Suppliers | 440/4 | €43,156 | €66,282 | +€23,126 | +53.6% |
| Taxes, remuneration and social security | 45 | €14,842 | €16,359 | +€1,517 | +10.2% |
| Taxes | 450/3 | €11,454 | €10,537 | -€918 | -8.0% |
| Remuneration and social security | 454/9 | €3,388 | €5,822 | +€2,434 | +71.9% |
| Other amounts payable | 47/48 | €100 | €100 | = | 0.0% |
| Non-recurring operating income | 76A | €1,240 | - | -€1,240 | |
| Remuneration, social security and pensions | 62 | €47,520 | €47,464 | -€55 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,437 | €15,415 | +€1,978 | +14.7% |
| Other operating charges | 640/8 | €1,400 | €3,178 | +€1,778 | +127.0% |
| Gross operating margin | 9900 | €84,177 | €54,335 | -€29,842 | -35.5% |
| Operating profit (loss) | 9901 | €21,820 | -€11,722 | -€33,543 | |
| Financial income | 75/76B | €3,036 | €2,926 | -€110 | -3.6% |
| Recurring financial income | 75 | €3,036 | €2,926 | -€110 | -3.6% |
| Financial charges | 65/66B | €3,415 | €3,541 | +€126 | +3.7% |
| Recurring financial charges | 65 | €3,415 | €3,541 | +€126 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | €21,441 | -€12,338 | -€33,779 | |
| Income taxes | 67/77 | €650 | -€9 | -€659 | |
| Profit (loss) for the period | 9904 | €20,791 | -€12,329 | -€33,120 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,791 | -€12,329 | -€33,120 |
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 9 October 2026 via checked.be.