HAZELARENHOEK: 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.
What changed
HAZELARENHOEK
NACE 01.500, Mixed farming
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€665,975
2024 · €1.1m-€400,301
Equity
€1.8m
2024 · €1.1m+€665,975
Cash
€106,959
2024 · €691,292-€584,332
Balance sheet total
€9.0m
2024 · €7.6m+€1.3m
Largest movements
Assets
- Stocks and contracts +€939,391
up €939,391 (+19.9%), from €4.7m to €5.7m
- Receivables within one year +€846,613
up €846,613 (+41.9%), from €2.0m to €2.9m
of which Trade receivables: +€1.0m
- Cash -€584,332
down €584,332 (-84.5%), from €691,292 to €106,959
mainly Trade debts (-€1.3m) and Stocks and contracts (-€939,391)
- Deferred charges and accrued income +€100,021
up €100,021 (+50.0%), from €200,042 to €300,062
Equity and liabilities
- Short-term financial debts +€2.1m
new in 2025: €2.1m
- Trade debts -€1.3m
down €1.3m (-28.8%), from €4.5m to €3.2m
- Profit (loss) carried forward +€665,975
up €665,975 (+764%), from €87,181 to €753,157
- Debts after one year -€114,618
down €114,618 (-6.2%), from €1.8m to €1.7m
Income statement
- Turnover +€23.2m
new in 2025: €23.2m
- Goods and materials +€21.6m
new in 2025: €21.6m
of which Purchases: +€22.5m
- Gross operating margin -€1.1m
no longer reported in 2025 (was €1.1m)
- Services and other goods +€849,976
new in 2025: €849,976
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.
Result 2024
€1.1m
Turnover
+€23.2m
Other operating income
+€94,832
Goods and materials
-€21.6m
Services and other goods
-€849,976
Depreciation
-€6,111
Other operating charges
+€1,877
Other operating items
-€1.0m
Financial income
-€47
Financial charges
-€20,613
Taxes
-€194,966
Result 2025
€665,975
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€2.5m
Investment
-€42,325
Financing
+€2.0m
Cash 2024
€691,292
From operations (derived)
-€2.5m
Net result for the year
+€665,975
Depreciation
+€6,431
Stocks and contracts
-€939,391
Receivables within one year
-€846,613
Deferred charges and accrued income
-€100,021
Trade debts
-€1.3m
Tax, wage and social debts
-€30,362
Investment (derived)
-€42,325
Investment in fixed assets (net)
-€42,325
Financing
+€2.0m
Debts after one year
-€114,618
Current portion of long-term debt
+€8,596
Short-term financial debts
+€2.1m
Cash 2025
€106,959
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,644,351 | €8,981,938 | +€1.3m | +17.5% |
| Fixed assets | 21/28 | €17,480 | €53,373 | +€35,894 | +205% |
| Tangible fixed assets | 22/27 | €17,480 | €53,373 | +€35,894 | +205% |
| Land and buildings | 22 | - | €13,057 | +€13,057 | |
| Plant, machinery and equipment | 23 | €17,480 | €40,316 | +€22,836 | +131% |
| Current assets | 29/58 | €7,626,872 | €8,928,564 | +€1.3m | +17.1% |
| Stocks and contracts in progress | 3 | €4,717,321 | €5,656,712 | +€939,391 | +19.9% |
| Stocks | 30/36 | €4,717,321 | €5,656,712 | +€939,391 | +19.9% |
| Goods purchased for resale | 34 | - | €5,656,712 | +€5.7m | |
| Amounts receivable within one year | 40/41 | €2,018,217 | €2,864,831 | +€846,613 | +41.9% |
| Trade receivables | 40 | €1,654,802 | €2,668,140 | +€1.0m | +61.2% |
| Other amounts receivable | 41 | €363,416 | €196,690 | -€166,725 | -45.9% |
| Cash at bank and in hand | 54/58 | €691,292 | €106,959 | -€584,332 | -84.5% |
| Deferred charges and accrued income | 490/1 | €200,042 | €300,062 | +€100,021 | +50.0% |
| Total equity and liabilities | 10/49 | €7,644,351 | €8,981,938 | +€1.3m | +17.5% |
| Equity | 10/15 | €1,137,181 | €1,803,157 | +€665,975 | +58.6% |
| Contributions | 10/11 | €1,050,000 | €1,050,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,181 | €753,157 | +€665,975 | +764% |
| Amounts payable | 17/49 | €6,507,170 | €7,178,781 | +€671,611 | +10.3% |
| Amounts payable after more than one year | 17 | €1,835,552 | €1,720,933 | -€114,618 | -6.2% |
| Trade debts | 175 | €1,835,552 | €1,720,933 | -€114,618 | -6.2% |
| Suppliers | 1750 | - | €1,720,933 | +€1.7m | |
| Amounts payable within one year | 42/48 | €4,671,618 | €5,457,848 | +€786,229 | +16.8% |
| Current portion of amounts payable after more than one year | 42 | €106,022 | €114,618 | +€8,596 | +8.1% |
| Financial debts | 43 | - | €2,113,525 | +€2.1m | |
| Credit institutions | 430/8 | - | €2,113,525 | +€2.1m | |
| Trade debts | 44 | €4,535,234 | €3,229,704 | -€1.3m | -28.8% |
| Suppliers | 440/4 | €4,535,234 | €3,229,704 | -€1.3m | -28.8% |
| Taxes, remuneration and social security | 45 | €30,362 | €0 | -€30,362 | -100% |
| Taxes | 450/3 | €30,362 | €0 | -€30,362 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Operating income | 70/76A | - | €23,364,988 | +€23.4m | |
| Turnover | 70 | - | €23,170,135 | +€23.2m | |
| Other operating income | 74 | - | €94,832 | +€94,832 | |
| Non-recurring operating income | 76A | €100,021 | €100,021 | = | 0.0% |
| Operating charges | 60/66A | - | €22,439,883 | +€22.4m | |
| Goods for resale, raw materials and consumables | 60 | - | €21,577,698 | +€21.6m | |
| Purchases | 600/8 | - | €22,517,089 | +€22.5m | |
| Change in stocks: decrease (increase) | 609 | - | -€939,391 | -€939,391 | |
| Services and other goods | 61 | - | €849,976 | +€849,976 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €320 | €6,431 | +€6,111 | +1,908% |
| Other operating charges | 640/8 | €7,654 | €5,777 | -€1,877 | -24.5% |
| Gross operating margin | 9900 | €1,117,754 | - | -€1.1m | |
| Operating profit (loss) | 9901 | €1,109,780 | €925,105 | -€184,675 | -16.6% |
| Financial income | 75/76B | €55 | €8 | -€47 | -84.9% |
| Recurring financial income | 75 | €55 | €8 | -€47 | -84.9% |
| Other financial income | 752/9 | - | €8 | +€8 | |
| Financial charges | 65/66B | €13,196 | €33,809 | +€20,613 | +156% |
| Recurring financial charges | 65 | €13,196 | €33,809 | +€20,613 | +156% |
| Debt charges | 650 | - | €18,311 | +€18,311 | |
| Other financial charges | 652/9 | - | €15,498 | +€15,498 | |
| Profit (loss) for the period before taxes | 9903 | €1,096,638 | €891,304 | -€205,334 | -18.7% |
| Income taxes | 67/77 | €30,362 | €225,329 | +€194,966 | +642% |
| Taxes | 670/3 | - | €225,329 | +€225,329 | |
| Profit (loss) for the period | 9904 | €1,066,276 | €665,975 | -€400,301 | -37.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,066,276 | €665,975 | -€400,301 | -37.5% |
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 29 October 2026 via checked.be.