DE HOVENIER: 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 HOVENIER
Largest movements
- Current investments +€5,000
up €5,000 (+3.3%), from €149,905 to €154,905
- Cash -€4,598
down €4,598 (-46.6%), from €9,862 to €5,264
mainly Current investments (-€5,000) and Net result for the year (-€113)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€2,066
up €2,066 (+74.4%), from -€2,778 to -€712
- Financial income -€1,645
down €1,645 (-57.8%), from €2,847 to €1,203
- Other operating charges -€51
down €51 (-8.0%), from €631 to €580
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 | €171,320 | €171,208 | -€113 | -0.1% |
| Fixed assets | 21/28 | €10,706 | €10,706 | = | 0.0% |
| Tangible fixed assets | 22/27 | €10,706 | €10,706 | = | 0.0% |
| Land and buildings | 22 | €10,706 | €10,706 | = | 0.0% |
| Current assets | 29/58 | €160,614 | €160,502 | -€113 | -0.1% |
| Amounts receivable within one year | 40/41 | €847 | €333 | -€515 | -60.7% |
| Other amounts receivable | 41 | €847 | €333 | -€515 | -60.7% |
| Current investments | 50/53 | €149,905 | €154,905 | +€5,000 | +3.3% |
| Cash at bank and in hand | 54/58 | €9,862 | €5,264 | -€4,598 | -46.6% |
| Total equity and liabilities | 10/49 | €171,320 | €171,208 | -€113 | -0.1% |
| Equity | 10/15 | €124,059 | €123,947 | -€113 | -0.1% |
| Contributions | 10/11 | €93,000 | €93,000 | = | 0.0% |
| Reserves | 13 | €33,495 | €33,495 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,938 | €15,938 | = | 0.0% |
| Distributable reserves | 133 | €17,557 | €17,557 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,436 | -€2,548 | -€113 | -4.6% |
| Provisions and deferred taxes | 16 | €46,596 | €46,596 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €46,596 | €46,596 | = | 0.0% |
| Pensions and similar obligations | 160 | €46,596 | €46,596 | = | 0.0% |
| Amounts payable | 17/49 | €665 | €665 | = | 0.0% |
| Amounts payable within one year | 42/48 | €665 | €665 | = | 0.0% |
| Other amounts payable | 47/48 | €665 | €665 | = | 0.0% |
| Other operating charges | 640/8 | €631 | €580 | -€51 | -8.0% |
| Gross operating margin | 9900 | -€2,778 | -€712 | +€2,066 | +74.4% |
| Operating profit (loss) | 9901 | -€3,409 | -€1,293 | +€2,117 | +62.1% |
| Financial income | 75/76B | €2,847 | €1,203 | -€1,645 | -57.8% |
| Recurring financial income | 75 | €2,847 | €1,203 | -€1,645 | -57.8% |
| Financial charges | 65/66B | €23 | €23 | = | 0.0% |
| Recurring financial charges | 65 | €23 | €23 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€585 | -€113 | +€472 | +80.7% |
| Profit (loss) for the period | 9904 | -€585 | -€113 | +€472 | +80.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€585 | -€113 | +€472 | +80.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.