HOEBENSCHOT: 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.
HOEBENSCHOT
Largest movements
- Tangible fixed assets -€33,078
down €33,078 (-30.9%), from €107,210 to €74,132
of which Land and buildings: -€23,964
- Cash +€8,791
up €8,791 (+231%), from €3,809 to €12,601
mainly Other debts (+€45,779) and Depreciation (+€36,428)
- Intangible fixed assets -€3,350
down €3,350 (-5.6%), from €60,171 to €56,821
- Stocks and contracts +€3,242
up €3,242 (+2.7%), from €121,041 to €124,283
- Profit (loss) carried forward -€50,853
down €50,853 (-335%), from -€15,197 to -€66,049
- Other debts +€45,779
up €45,779 (+43.4%), from €105,581 to €151,360
- Debts after one year -€25,913
down €25,913 (-16.6%), from €155,860 to €129,947
- Trade debts +€8,169
up €8,169 (+42.8%), from €19,073 to €27,242
- Gross operating margin -€43,779
down €43,779, from €41,887 to -€1,892
- Depreciation -€2,617
down €2,617 (-6.7%), from €39,045 to €36,428
- Financial charges +€822
up €822 (+13.6%), from €6,041 to €6,863
- Other operating charges +€685
up €685 (+12.4%), from €5,513 to €6,199
- Financial income +€541
up €541 (+138%), from €392 to €933
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 | €308,843 | €286,499 | -€22,344 | -7.2% |
| Fixed assets | 21/28 | €167,381 | €130,953 | -€36,428 | -21.8% |
| Intangible fixed assets | 21 | €60,171 | €56,821 | -€3,350 | -5.6% |
| Tangible fixed assets | 22/27 | €107,210 | €74,132 | -€33,078 | -30.9% |
| Land and buildings | 22 | €78,950 | €54,986 | -€23,964 | -30.4% |
| Plant, machinery and equipment | 23 | €28,260 | €19,146 | -€9,114 | -32.3% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €141,462 | €155,547 | +€14,085 | +10.0% |
| Stocks and contracts in progress | 3 | €121,041 | €124,283 | +€3,242 | +2.7% |
| Stocks | 30/36 | €121,041 | €124,283 | +€3,242 | +2.7% |
| Amounts receivable within one year | 40/41 | €16,612 | €18,663 | +€2,051 | +12.3% |
| Trade receivables | 40 | €5,506 | €525 | -€4,981 | -90.5% |
| Other amounts receivable | 41 | €11,106 | €18,138 | +€7,032 | +63.3% |
| Cash at bank and in hand | 54/58 | €3,809 | €12,601 | +€8,791 | +231% |
| Total equity and liabilities | 10/49 | €308,843 | €286,499 | -€22,344 | -7.2% |
| Equity | 10/15 | €10,659 | -€40,193 | -€50,853 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,256 | €7,256 | = | 0.0% |
| Distributable reserves | 133 | €7,256 | €7,256 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,197 | -€66,049 | -€50,853 | -335% |
| Amounts payable | 17/49 | €298,184 | €326,693 | +€28,509 | +9.6% |
| Amounts payable after more than one year | 17 | €155,860 | €129,947 | -€25,913 | -16.6% |
| Financial debts | 170/4 | €155,860 | €129,947 | -€25,913 | -16.6% |
| Amounts payable within one year | 42/48 | €142,323 | €196,281 | +€53,958 | +37.9% |
| Current portion of amounts payable after more than one year | 42 | €14,379 | €13,913 | -€466 | -3.2% |
| Trade debts | 44 | €19,073 | €27,242 | +€8,169 | +42.8% |
| Suppliers | 440/4 | €19,073 | €27,242 | +€8,169 | +42.8% |
| Taxes, remuneration and social security | 45 | €3,290 | €3,765 | +€475 | +14.4% |
| Taxes | 450/3 | €3,290 | €3,765 | +€475 | +14.4% |
| Other amounts payable | 47/48 | €105,581 | €151,360 | +€45,779 | +43.4% |
| Accrued charges and deferred income | 492/3 | - | €464 | +€464 | |
| Remuneration, social security and pensions | 62 | €525 | €404 | -€121 | -23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,045 | €36,428 | -€2,617 | -6.7% |
| Other operating charges | 640/8 | €5,513 | €6,199 | +€685 | +12.4% |
| Gross operating margin | 9900 | €41,887 | -€1,892 | -€43,779 | |
| Operating profit (loss) | 9901 | -€3,196 | -€44,923 | -€41,727 | -1,306% |
| Financial income | 75/76B | €392 | €933 | +€541 | +138% |
| Recurring financial income | 75 | €392 | €933 | +€541 | +138% |
| Financial charges | 65/66B | €6,041 | €6,863 | +€822 | +13.6% |
| Recurring financial charges | 65 | €6,041 | €6,863 | +€822 | +13.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,845 | -€50,853 | -€42,008 | -475% |
| Profit (loss) for the period | 9904 | -€8,845 | -€50,853 | -€42,008 | -475% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,845 | -€50,853 | -€42,008 | -475% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.