HOEBEN BOUWPROJECTEN: 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.
HOEBEN BOUWPROJECTEN
Largest movements
- Current investments +€50,688
up €50,688 (+16.8%), from €301,375 to €352,063
- Tangible fixed assets -€13,816
down €13,816 (-5.6%), from €247,956 to €234,139
of which Land and buildings: -€8,190
- Reserves +€27,448
up €27,448 (+6.4%), from €430,091 to €457,539
of which Distributable reserves: +€27,448
- Tax, wage and social debts +€16,468
up €16,468 (+467%), from €3,525 to €19,993
of which Taxes: +€16,178
- Debts after one year -€12,194
down €12,194 (-51.8%), from €23,533 to €11,339
- Gross operating margin +€48,902
up €48,902 (+694%), from €7,048 to €55,950
- Taxes +€7,200
up €7,200 (+3,174%), from €227 to €7,427
- Financial income +€3,906
up €3,906 (+77.5%), from €5,043 to €8,949
- Staff costs -€2,165
down €2,165 (-13.5%), from €16,014 to €13,849
- Depreciation +€755
up €755 (+5.8%), from €13,062 to €13,816
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 | €767,319 | €798,586 | +€31,267 | +4.1% |
| Fixed assets | 21/28 | €247,956 | €234,139 | -€13,816 | -5.6% |
| Tangible fixed assets | 22/27 | €247,956 | €234,139 | -€13,816 | -5.6% |
| Land and buildings | 22 | €162,900 | €154,709 | -€8,190 | -5.0% |
| Plant, machinery and equipment | 23 | €1,002 | €751 | -€251 | -25.0% |
| Furniture and vehicles | 24 | €84,054 | €78,679 | -€5,376 | -6.4% |
| Current assets | 29/58 | €519,363 | €564,447 | +€45,084 | +8.7% |
| Amounts receivable within one year | 40/41 | €33,577 | €29,137 | -€4,440 | -13.2% |
| Trade receivables | 40 | €28,004 | €25,006 | -€2,998 | -10.7% |
| Other amounts receivable | 41 | €5,573 | €4,131 | -€1,442 | -25.9% |
| Current investments | 50/53 | €301,375 | €352,063 | +€50,688 | +16.8% |
| Cash at bank and in hand | 54/58 | €184,411 | €182,904 | -€1,507 | -0.8% |
| Deferred charges and accrued income | 490/1 | - | €343 | +€343 | |
| Total equity and liabilities | 10/49 | €767,319 | €798,586 | +€31,267 | +4.1% |
| Equity | 10/15 | €702,609 | €730,057 | +€27,448 | +3.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €430,091 | €457,539 | +€27,448 | +6.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €428,231 | €455,679 | +€27,448 | +6.4% |
| Profit (loss) carried forward | 14 | €253,919 | €253,919 | = | 0.0% |
| Amounts payable | 17/49 | €64,710 | €68,529 | +€3,819 | +5.9% |
| Amounts payable after more than one year | 17 | €23,533 | €11,339 | -€12,194 | -51.8% |
| Financial debts | 170/4 | €23,533 | €11,339 | -€12,194 | -51.8% |
| Amounts payable within one year | 42/48 | €41,176 | €57,190 | +€16,013 | +38.9% |
| Current portion of amounts payable after more than one year | 42 | €12,012 | €12,194 | +€182 | +1.5% |
| Trade debts | 44 | €2,679 | €3,674 | +€995 | +37.1% |
| Suppliers | 440/4 | €2,679 | €3,674 | +€995 | +37.1% |
| Taxes, remuneration and social security | 45 | €3,525 | €19,993 | +€16,468 | +467% |
| Taxes | 450/3 | €440 | €16,619 | +€16,178 | +3,673% |
| Remuneration and social security | 454/9 | €3,085 | €3,374 | +€289 | +9.4% |
| Other amounts payable | 47/48 | €22,960 | €21,329 | -€1,631 | -7.1% |
| Remuneration, social security and pensions | 62 | €16,014 | €13,849 | -€2,165 | -13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,062 | €13,816 | +€755 | +5.8% |
| Other operating charges | 640/8 | €1,659 | €1,670 | +€11 | +0.6% |
| Gross operating margin | 9900 | €7,048 | €55,950 | +€48,902 | +694% |
| Operating profit (loss) | 9901 | -€23,687 | €26,615 | +€50,302 | |
| Financial income | 75/76B | €5,043 | €8,949 | +€3,906 | +77.5% |
| Recurring financial income | 75 | €5,043 | €8,949 | +€3,906 | +77.5% |
| Financial charges | 65/66B | €862 | €688 | -€173 | -20.1% |
| Recurring financial charges | 65 | €862 | €688 | -€173 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | -€19,506 | €34,875 | +€54,381 | |
| Income taxes | 67/77 | €227 | €7,427 | +€7,200 | +3,174% |
| Profit (loss) for the period | 9904 | -€19,733 | €27,448 | +€47,181 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,733 | €27,448 | +€47,181 |
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 30 October 2026 via checked.be.