DE HOVEN: 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 HOVEN
Largest movements
- Tangible fixed assets -€88,975
down €88,975 (-5.7%), from €1.6m to €1.5m
- Cash +€59,731
up €59,731 (+57.3%), from €104,249 to €163,980
mainly Depreciation (+€88,975) and Net result for the year (+€6,962)
- Current investments +€29,761
up €29,761 (+15.0%), from €197,857 to €227,619
No liability line moved by more than 1% of the balance sheet total.
- Other operating charges +€17,424
up €17,424 (+77.6%), from €22,445 to €39,869
- Financial income -€4,498
down €4,498 (-83.0%), from €5,417 to €919
- Gross operating margin -€4,400
down €4,400 (-2.4%), from €180,729 to €176,329
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 | €1,853,261 | €1,854,736 | +€1,474 | +0.1% |
| Fixed assets | 21/28 | €1,550,525 | €1,461,550 | -€88,975 | -5.7% |
| Tangible fixed assets | 22/27 | €1,550,525 | €1,461,550 | -€88,975 | -5.7% |
| Land and buildings | 22 | €1,550,525 | €1,461,550 | -€88,975 | -5.7% |
| Current assets | 29/58 | €302,737 | €393,186 | +€90,449 | +29.9% |
| Amounts receivable within one year | 40/41 | €142 | €276 | +€134 | +94.3% |
| Other amounts receivable | 41 | €142 | €276 | +€134 | +94.3% |
| Current investments | 50/53 | €197,857 | €227,619 | +€29,761 | +15.0% |
| Cash at bank and in hand | 54/58 | €104,249 | €163,980 | +€59,731 | +57.3% |
| Deferred charges and accrued income | 490/1 | €488 | €1,311 | +€823 | +169% |
| Total equity and liabilities | 10/49 | €1,853,261 | €1,854,736 | +€1,474 | +0.1% |
| Equity | 10/15 | €784,670 | €791,632 | +€6,962 | +0.9% |
| Contributions | 10/11 | €970,000 | €970,000 | = | 0.0% |
| Reserves | 13 | €30,000 | €30,000 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€215,330 | -€208,368 | +€6,962 | +3.2% |
| Amounts payable | 17/49 | €1,068,592 | €1,063,103 | -€5,488 | -0.5% |
| Amounts payable after more than one year | 17 | €1,020,000 | €1,020,000 | = | 0.0% |
| Other amounts payable | 178/9 | €1,020,000 | €1,020,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,470 | €691 | -€779 | -53.0% |
| Trade debts | 44 | €1,470 | €119 | -€1,351 | -91.9% |
| Suppliers | 440/4 | €1,470 | €119 | -€1,351 | -91.9% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €572 | +€572 | |
| Accrued charges and deferred income | 492/3 | €47,121 | €42,412 | -€4,709 | -10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,975 | €88,975 | -€0 | 0.0% |
| Other operating charges | 640/8 | €22,445 | €39,869 | +€17,424 | +77.6% |
| Gross operating margin | 9900 | €180,729 | €176,329 | -€4,400 | -2.4% |
| Operating profit (loss) | 9901 | €69,309 | €47,485 | -€21,823 | -31.5% |
| Financial income | 75/76B | €5,417 | €919 | -€4,498 | -83.0% |
| Recurring financial income | 75 | €5,417 | €919 | -€4,498 | -83.0% |
| Financial charges | 65/66B | €41,610 | €41,442 | -€168 | -0.4% |
| Recurring financial charges | 65 | €41,610 | €41,442 | -€168 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €33,116 | €6,962 | -€26,154 | -79.0% |
| Income taxes | 67/77 | €1,625 | €0 | -€1,625 | -100% |
| Profit (loss) for the period | 9904 | €31,491 | €6,962 | -€24,528 | -77.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,491 | €6,962 | -€24,528 | -77.9% |
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 17 October 2026 via checked.be.