HET ENGELS HOF: 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.
HET ENGELS HOF
Largest movements
- Tangible fixed assets -€131,829
down €131,829 (-4.1%), from €3.3m to €3.1m
of which Land and buildings: -€127,943
- Cash -€34,786
down €34,786 (-70.0%), from €49,709 to €14,923
mainly Other debts (-€110,507) and Net result for the year (-€45,092)
- Other debts -€110,507
down €110,507 (-3.6%), from €3.1m to €3.0m
- Profit (loss) carried forward -€45,092
down €45,092 (-2.2%), from -€2.1m to -€2.1m
- Financial charges -€39,911
down €39,911 (-89.7%), from €44,489 to €4,578
- Other operating charges -€23,713
down €23,713 (-77.4%), from €30,622 to €6,909
- Depreciation -€3,118
down €3,118 (-2.3%), from €134,946 to €131,829
- Gross operating margin -€2,291
down €2,291 (-2.3%), from €100,514 to €98,224
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 | €3,322,414 | €3,164,227 | -€158,187 | -4.8% |
| Fixed assets | 21/28 | €3,252,081 | €3,120,252 | -€131,829 | -4.1% |
| Tangible fixed assets | 22/27 | €3,251,331 | €3,119,502 | -€131,829 | -4.1% |
| Land and buildings | 22 | €3,229,431 | €3,101,488 | -€127,943 | -4.0% |
| Furniture and vehicles | 24 | €21,900 | €18,015 | -€3,885 | -17.7% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €70,333 | €43,974 | -€26,359 | -37.5% |
| Amounts receivable within one year | 40/41 | €18,595 | €25,694 | +€7,100 | +38.2% |
| Trade receivables | 40 | €18,595 | €25,694 | +€7,100 | +38.2% |
| Cash at bank and in hand | 54/58 | €49,709 | €14,923 | -€34,786 | -70.0% |
| Deferred charges and accrued income | 490/1 | €2,029 | €3,357 | +€1,328 | +65.4% |
| Total equity and liabilities | 10/49 | €3,322,414 | €3,164,227 | -€158,187 | -4.8% |
| Equity | 10/15 | €222,429 | €177,337 | -€45,092 | -20.3% |
| Contributions | 10/11 | €2,314,000 | €2,314,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,091,571 | -€2,136,663 | -€45,092 | -2.2% |
| Amounts payable | 17/49 | €3,099,985 | €2,986,889 | -€113,095 | -3.6% |
| Amounts payable within one year | 42/48 | €3,099,985 | €2,984,614 | -€115,371 | -3.7% |
| Trade debts | 44 | €3,999 | €3,007 | -€992 | -24.8% |
| Suppliers | 440/4 | €3,999 | €3,007 | -€992 | -24.8% |
| Taxes, remuneration and social security | 45 | €12,827 | €8,955 | -€3,872 | -30.2% |
| Taxes | 450/3 | €12,827 | €8,955 | -€3,872 | -30.2% |
| Other amounts payable | 47/48 | €3,083,159 | €2,972,653 | -€110,507 | -3.6% |
| Accrued charges and deferred income | 492/3 | €0 | €2,275 | +€2,275 | |
| Non-recurring operating income | 76A | €438 | €0 | -€438 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €134,946 | €131,829 | -€3,118 | -2.3% |
| Other operating charges | 640/8 | €30,622 | €6,909 | -€23,713 | -77.4% |
| Gross operating margin | 9900 | €100,514 | €98,224 | -€2,291 | -2.3% |
| Operating profit (loss) | 9901 | -€65,054 | -€40,514 | +€24,540 | +37.7% |
| Financial income | 75/76B | €40 | €0 | -€40 | -100% |
| Recurring financial income | 75 | €40 | €0 | -€40 | -100% |
| Financial charges | 65/66B | €44,489 | €4,578 | -€39,911 | -89.7% |
| Recurring financial charges | 65 | €44,489 | €4,578 | -€39,911 | -89.7% |
| Profit (loss) for the period before taxes | 9903 | -€109,503 | -€45,092 | +€64,411 | +58.8% |
| Profit (loss) for the period | 9904 | -€109,503 | -€45,092 | +€64,411 | +58.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€109,503 | -€45,092 | +€64,411 | +58.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.