DE RHUCATO HOEVE: 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 RHUCATO HOEVE
Largest movements
- Tangible fixed assets -€14,078
down €14,078 (-3.5%), from €400,455 to €386,377
of which Land and buildings: -€13,031
- Cash -€4,458
down €4,458 (-60.1%), from €7,413 to €2,955
mainly Debts after one year (-€15,598) and Net result for the year (-€2,589)
- Debts after one year -€15,598
down €15,598 (-3.8%), from €407,846 to €392,247
of which Financial debts: -€15,699
- Gross operating margin -€8,736
down €8,736 (-28.1%), from €31,104 to €22,369
- Depreciation -€5,599
down €5,599 (-28.5%), from €19,677 to €14,078
- Financial charges -€863
down €863 (-9.2%), from €9,379 to €8,517
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 | €413,318 | €394,709 | -€18,610 | -4.5% |
| Fixed assets | 21/28 | €400,455 | €386,377 | -€14,078 | -3.5% |
| Tangible fixed assets | 22/27 | €400,455 | €386,377 | -€14,078 | -3.5% |
| Land and buildings | 22 | €396,214 | €383,183 | -€13,031 | -3.3% |
| Plant, machinery and equipment | 23 | €3,006 | €2,203 | -€802 | -26.7% |
| Furniture and vehicles | 24 | €1,236 | €991 | -€245 | -19.8% |
| Current assets | 29/58 | €12,863 | €8,331 | -€4,532 | -35.2% |
| Stocks and contracts in progress | 3 | €4,500 | €4,050 | -€450 | -10.0% |
| Stocks | 30/36 | €4,500 | €4,050 | -€450 | -10.0% |
| Amounts receivable within one year | 40/41 | €950 | €1,326 | +€376 | +39.6% |
| Trade receivables | 40 | €950 | €1,326 | +€376 | +39.6% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €7,413 | €2,955 | -€4,458 | -60.1% |
| Total equity and liabilities | 10/49 | €413,318 | €394,709 | -€18,610 | -4.5% |
| Equity | 10/15 | -€18,433 | -€21,022 | -€2,589 | -14.0% |
| Contributions | 10/11 | €37,500 | €37,500 | = | 0.0% |
| Reserves | 13 | €3,618 | €3,618 | = | 0.0% |
| Distributable reserves | 133 | €3,618 | €3,618 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,551 | -€62,140 | -€2,589 | -4.3% |
| Amounts payable | 17/49 | €431,751 | €415,731 | -€16,021 | -3.7% |
| Amounts payable after more than one year | 17 | €407,846 | €392,247 | -€15,598 | -3.8% |
| Financial debts | 170/4 | €262,492 | €246,793 | -€15,699 | -6.0% |
| Other amounts payable | 178/9 | €145,354 | €145,454 | +€100 | +0.1% |
| Amounts payable within one year | 42/48 | €21,219 | €22,347 | +€1,128 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | €15,257 | €15,699 | +€442 | +2.9% |
| Trade debts | 44 | €801 | €2,016 | +€1,216 | +152% |
| Suppliers | 440/4 | €801 | €2,016 | +€1,216 | +152% |
| Taxes, remuneration and social security | 45 | €5,161 | €4,632 | -€529 | -10.2% |
| Taxes | 450/3 | €5,161 | €4,632 | -€529 | -10.2% |
| Accrued charges and deferred income | 492/3 | €2,687 | €1,136 | -€1,550 | -57.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,677 | €14,078 | -€5,599 | -28.5% |
| Other operating charges | 640/8 | €2,299 | €2,368 | +€68 | +3.0% |
| Gross operating margin | 9900 | €31,104 | €22,369 | -€8,736 | -28.1% |
| Operating profit (loss) | 9901 | €9,128 | €5,923 | -€3,205 | -35.1% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €9,379 | €8,517 | -€863 | -9.2% |
| Recurring financial charges | 65 | €9,379 | €8,517 | -€863 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | -€251 | -€2,589 | -€2,338 | -930% |
| Profit (loss) for the period | 9904 | -€251 | -€2,589 | -€2,338 | -930% |
| Profit (loss) for the period to be appropriated | 9905 | -€251 | -€2,589 | -€2,338 | -930% |
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 29 October 2026 via checked.be.