HOCETEC CONSTRUCTION: what changed
What changed
HOCETEC CONSTRUCTION
NACE 81.300, Landscape service activities
filed annual accounts (NBB)
Net result for the year
€25,340
2024 · €15,987+€9,352
Equity
€105,499
2024 · €80,159+€25,340
Cash
€70,454
2024 · €67,726+€2,728
Balance sheet total
€867,475
2024 · €402,504+€464,971
Largest movements
Assets
- Receivables within one year +€259,413
up €259,413 (+135%), from €192,343 to €451,755
of which Other amounts receivable: +€158,092
- Tangible fixed assets +€170,275
up €170,275 (+155%), from €109,760 to €280,035
of which Plant, machinery and equipment: +€113,880
- Stocks and contracts +€39,971
up €39,971 (+314%), from €12,738 to €52,709
Equity and liabilities
- Trade debts +€190,883
up €190,883 (+103%), from €185,601 to €376,485
- Short-term financial debts +€125,000
new in 2025: €125,000
- Accrued charges and deferred income +€74,944
up €74,944 (+9,016%), from €831 to €75,775
- Debts after one year +€33,748
up €33,748 (+35.3%), from €95,705 to €129,453
- Profit (loss) carried forward +€25,340
up €25,340 (+33.3%), from €76,159 to €101,499
Income statement
- Gross operating margin +€314,448
up €314,448 (+48.2%), from €653,022 to €967,470
- Staff costs +€276,901
up €276,901 (+47.1%), from €588,079 to €864,980
- Depreciation +€17,617
up €17,617 (+55.9%), from €31,536 to €49,153
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.
Result 2024
€15,987
Gross operating margin
+€314,448
Staff costs
-€276,901
Depreciation
-€17,617
Other operating charges
+€321
Financial income
-€203
Financial charges
-€4,504
Taxes
-€6,191
Result 2025
€25,340
raises the resultlowers the result
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.
From operations
+€50,605
Investment
-€219,429
Financing
+€171,551
Cash 2024
€67,726
From operations (derived)
+€50,605
Net result for the year
+€25,340
Depreciation
+€49,153
Stocks and contracts
-€39,971
Receivables within one year
-€259,413
Deferred charges and accrued income
+€7,415
Trade debts
+€190,883
Tax, wage and social debts
+€15,160
Other debts
-€12,907
Accrued charges and deferred income
+€74,944
Investment (derived)
-€219,429
Investment in fixed assets (net)
-€219,429
Financing
+€171,551
Debts after one year
+€33,748
Current portion of long-term debt
+€12,803
Short-term financial debts
+€125,000
Cash 2025
€70,454
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €402,504 | €867,475 | +€464,971 | +116% |
| Fixed assets | 21/28 | €109,760 | €280,035 | +€170,275 | +155% |
| Tangible fixed assets | 22/27 | €109,760 | €280,035 | +€170,275 | +155% |
| Plant, machinery and equipment | 23 | €66,999 | €180,879 | +€113,880 | +170% |
| Furniture and vehicles | 24 | €15,503 | €78,313 | +€62,809 | +405% |
| Leasing and similar rights | 25 | €27,257 | €20,844 | -€6,414 | -23.5% |
| Current assets | 29/58 | €292,744 | €587,440 | +€294,696 | +101% |
| Stocks and contracts in progress | 3 | €12,738 | €52,709 | +€39,971 | +314% |
| Stocks | 30/36 | €12,738 | €52,709 | +€39,971 | +314% |
| Amounts receivable within one year | 40/41 | €192,343 | €451,755 | +€259,413 | +135% |
| Trade receivables | 40 | €168,641 | €269,962 | +€101,321 | +60.1% |
| Other amounts receivable | 41 | €23,701 | €181,793 | +€158,092 | +667% |
| Cash at bank and in hand | 54/58 | €67,726 | €70,454 | +€2,728 | +4.0% |
| Deferred charges and accrued income | 490/1 | €19,937 | €12,522 | -€7,415 | -37.2% |
| Total equity and liabilities | 10/49 | €402,504 | €867,475 | +€464,971 | +116% |
| Equity | 10/15 | €80,159 | €105,499 | +€25,340 | +31.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,159 | €101,499 | +€25,340 | +33.3% |
| Amounts payable | 17/49 | €322,345 | €761,976 | +€439,631 | +136% |
| Amounts payable after more than one year | 17 | €95,705 | €129,453 | +€33,748 | +35.3% |
| Financial debts | 170/4 | €95,705 | €129,453 | +€33,748 | +35.3% |
| Amounts payable within one year | 42/48 | €225,809 | €556,747 | +€330,938 | +147% |
| Current portion of amounts payable after more than one year | 42 | €19,331 | €32,133 | +€12,803 | +66.2% |
| Financial debts | 43 | - | €125,000 | +€125,000 | |
| Credit institutions | 430/8 | - | €125,000 | +€125,000 | |
| Trade debts | 44 | €185,601 | €376,485 | +€190,883 | +103% |
| Suppliers | 440/4 | €185,601 | €376,485 | +€190,883 | +103% |
| Taxes, remuneration and social security | 45 | €2,690 | €17,850 | +€15,160 | +563% |
| Taxes | 450/3 | €2,207 | €15,397 | +€13,191 | +598% |
| Remuneration and social security | 454/9 | €484 | €2,453 | +€1,969 | +407% |
| Other amounts payable | 47/48 | €18,186 | €5,279 | -€12,907 | -71.0% |
| Accrued charges and deferred income | 492/3 | €831 | €75,775 | +€74,944 | +9,016% |
| Remuneration, social security and pensions | 62 | €588,079 | €864,980 | +€276,901 | +47.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,536 | €49,153 | +€17,617 | +55.9% |
| Other operating charges | 640/8 | €3,346 | €3,025 | -€321 | -9.6% |
| Gross operating margin | 9900 | €653,022 | €967,470 | +€314,448 | +48.2% |
| Operating profit (loss) | 9901 | €30,061 | €50,312 | +€20,250 | +67.4% |
| Financial income | 75/76B | €207 | €3 | -€203 | -98.5% |
| Recurring financial income | 75 | €207 | €3 | -€203 | -98.5% |
| Financial charges | 65/66B | €5,074 | €9,577 | +€4,504 | +88.8% |
| Recurring financial charges | 65 | €5,074 | €9,577 | +€4,504 | +88.8% |
| Profit (loss) for the period before taxes | 9903 | €25,194 | €40,737 | +€15,543 | +61.7% |
| Income taxes | 67/77 | €9,207 | €15,397 | +€6,191 | +67.2% |
| Profit (loss) for the period | 9904 | €15,987 | €25,340 | +€9,352 | +58.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,987 | €25,340 | +€9,352 | +58.5% |
Next steps
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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 8 November 2026 via checked.be.