DEN HOEK AF: what changed
DEN HOEK AF
Largest movements
- Receivables within one year +€9,100
up €9,100 (+120%), from €7,553 to €16,653
of which Other amounts receivable: +€12,587
- Tangible fixed assets +€6,582
up €6,582 (+132%), from €5,003 to €11,585
of which Furniture and vehicles: +€6,094
- Cash -€3,082
down €3,082 (-7.6%), from €40,755 to €37,672
mainly Investment in fixed assets (net) (-€11,859) and Receivables within one year (-€9,100)
- Stocks and contracts +€2,142
up €2,142 (+20.6%), from €10,413 to €12,556
- Deferred charges and accrued income -€2,015
down €2,015 (-40.9%), from €4,929 to €2,914
- Tax, wage and social debts +€9,322
up €9,322 (+148%), from €6,294 to €15,616
of which Taxes: +€14,270
- Other debts +€7,912
up €7,912 (+727%), from €1,088 to €9,000
- Trade debts -€7,233
down €7,233 (-26.0%), from €27,806 to €20,573
- Reserves +€2,000
up €2,000 (+9.5%), from €21,010 to €23,010
of which Distributable reserves: +€2,000
- Staff costs -€75,228
down €75,228 (-91.3%), from €82,381 to €7,152
- Gross operating margin -€59,762
down €59,762 (-61.3%), from €97,413 to €37,651
- Taxes +€7,007
up €7,007 (+1,963%), from €357 to €7,364
- Financial charges -€5,164
down €5,164 (-88.5%), from €5,838 to €674
- Depreciation +€1,972
up €1,972 (+55.7%), from €3,543 to €5,515
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,105 | €87,595 | +€12,490 | +16.6% |
| Fixed assets | 21/28 | €11,456 | €17,800 | +€6,344 | +55.4% |
| Intangible fixed assets | 21 | €453 | €215 | -€238 | -52.5% |
| Tangible fixed assets | 22/27 | €5,003 | €11,585 | +€6,582 | +132% |
| Land and buildings | 22 | €2,212 | €4,072 | +€1,860 | +84.1% |
| Plant, machinery and equipment | 23 | €2,043 | €672 | -€1,372 | -67.1% |
| Furniture and vehicles | 24 | €747 | €6,841 | +€6,094 | +815% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €63,649 | €69,795 | +€6,146 | +9.7% |
| Stocks and contracts in progress | 3 | €10,413 | €12,556 | +€2,142 | +20.6% |
| Stocks | 30/36 | €10,413 | €12,556 | +€2,142 | +20.6% |
| Amounts receivable within one year | 40/41 | €7,553 | €16,653 | +€9,100 | +120% |
| Trade receivables | 40 | €5,497 | €2,010 | -€3,487 | -63.4% |
| Other amounts receivable | 41 | €2,055 | €14,643 | +€12,587 | +612% |
| Cash at bank and in hand | 54/58 | €40,755 | €37,672 | -€3,082 | -7.6% |
| Deferred charges and accrued income | 490/1 | €4,929 | €2,914 | -€2,015 | -40.9% |
| Total equity and liabilities | 10/49 | €75,105 | €87,595 | +€12,490 | +16.6% |
| Equity | 10/15 | €39,902 | €41,982 | +€2,081 | +5.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,010 | €23,010 | +€2,000 | +9.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €150 | €150 | = | 0.0% |
| Distributable reserves | 133 | €19,000 | €21,000 | +€2,000 | +10.5% |
| Profit (loss) carried forward | 14 | €291 | €372 | +€81 | +27.7% |
| Amounts payable | 17/49 | €35,204 | €45,613 | +€10,409 | +29.6% |
| Amounts payable within one year | 42/48 | €35,204 | €45,188 | +€9,985 | +28.4% |
| Current portion of amounts payable after more than one year | 42 | €16 | - | -€16 | |
| Trade debts | 44 | €27,806 | €20,573 | -€7,233 | -26.0% |
| Suppliers | 440/4 | €27,806 | €20,573 | -€7,233 | -26.0% |
| Taxes, remuneration and social security | 45 | €6,294 | €15,616 | +€9,322 | +148% |
| Taxes | 450/3 | €1,036 | €15,306 | +€14,270 | +1,377% |
| Remuneration and social security | 454/9 | €5,258 | €309 | -€4,949 | -94.1% |
| Other amounts payable | 47/48 | €1,088 | €9,000 | +€7,912 | +727% |
| Accrued charges and deferred income | 492/3 | - | €424 | +€424 | |
| Remuneration, social security and pensions | 62 | €82,381 | €7,152 | -€75,228 | -91.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,543 | €5,515 | +€1,972 | +55.7% |
| Other operating charges | 640/8 | €4,036 | €5,192 | +€1,156 | +28.6% |
| Non-recurring operating charges | 66A | €78 | €1,063 | +€984 | +1,255% |
| Gross operating margin | 9900 | €97,413 | €37,651 | -€59,762 | -61.3% |
| Operating profit (loss) | 9901 | €7,375 | €18,728 | +€11,353 | +154% |
| Financial income | 75/76B | €34 | €390 | +€356 | +1,041% |
| Recurring financial income | 75 | €34 | €390 | +€356 | +1,041% |
| Financial charges | 65/66B | €5,838 | €674 | -€5,164 | -88.5% |
| Recurring financial charges | 65 | €5,838 | €674 | -€5,164 | -88.5% |
| Profit (loss) for the period before taxes | 9903 | €1,571 | €18,444 | +€16,873 | +1,074% |
| Income taxes | 67/77 | €357 | €7,364 | +€7,007 | +1,963% |
| Profit (loss) for the period | 9904 | €1,214 | €11,081 | +€9,867 | +813% |
| Profit (loss) for the period to be appropriated | 9905 | €1,214 | €11,081 | +€9,867 | +813% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.