HOEKSTEEN: what changed
What changed
HOEKSTEEN
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
filed annual accounts (NBB)
Net result for the year
€239,920
2024 · €263,312-€23,393
Equity
€2.1m
2024 · €1.8m+€239,920
Cash
€765,385
2024 · €396,669+€368,716
Balance sheet total
€2.3m
2024 · €2.1m+€198,657
Largest movements
Assets
- Cash +€368,716
up €368,716 (+93.0%), from €396,669 to €765,385
mainly Net result for the year (+€239,920) and Depreciation (+€177,018)
- Tangible fixed assets -€174,752
down €174,752 (-10.5%), from €1.7m to €1.5m
of which Land and buildings: -€147,605
Equity and liabilities
- Reserves +€239,920
up €239,920 (+13.5%), from €1.8m to €2.0m
of which Distributable reserves: +€239,920
- Debts after one year -€70,461
down €70,461 (-45.5%), from €154,921 to €84,460
- Trade debts +€31,844
up €31,844 (+2,554%), from €1,247 to €33,090
Income statement
- Gross operating margin -€42,807
down €42,807 (-7.2%), from €590,602 to €547,795
- Depreciation -€11,925
down €11,925 (-6.3%), from €188,943 to €177,018
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
€263,312
Gross operating margin
-€42,807
Depreciation
+€11,925
Other operating charges
-€1,475
Financial income
+€2,672
Financial charges
+€1,693
Taxes
+€4,598
Result 2025
€239,920
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
+€439,706
Investment
-€2,267
Financing
-€68,723
Cash 2024
€396,669
From operations (derived)
+€439,706
Net result for the year
+€239,920
Depreciation
+€177,018
Receivables within one year
-€4,075
Deferred charges and accrued income
-€617
Trade debts
+€31,844
Tax, wage and social debts
-€4,383
Investment (derived)
-€2,267
Investment in fixed assets (net)
-€2,267
Financing
-€68,723
Debts after one year
-€70,461
Current portion of long-term debt
+€1,738
Cash 2025
€765,385
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,105,739 | €2,304,396 | +€198,657 | +9.4% |
| Fixed assets | 21/28 | €1,664,073 | €1,489,321 | -€174,752 | -10.5% |
| Tangible fixed assets | 22/27 | €1,664,073 | €1,489,321 | -€174,752 | -10.5% |
| Land and buildings | 22 | €1,559,813 | €1,412,208 | -€147,605 | -9.5% |
| Plant, machinery and equipment | 23 | €103,473 | €77,113 | -€26,360 | -25.5% |
| Other tangible fixed assets | 26 | €787 | €0 | -€787 | -100% |
| Current assets | 29/58 | €441,666 | €815,075 | +€373,409 | +84.5% |
| Amounts receivable within one year | 40/41 | €44,985 | €49,061 | +€4,075 | +9.1% |
| Trade receivables | 40 | - | €15,656 | +€15,656 | |
| Other amounts receivable | 41 | €44,985 | €33,404 | -€11,581 | -25.7% |
| Cash at bank and in hand | 54/58 | €396,669 | €765,385 | +€368,716 | +93.0% |
| Deferred charges and accrued income | 490/1 | €12 | €629 | +€617 | +5,332% |
| Total equity and liabilities | 10/49 | €2,105,739 | €2,304,396 | +€198,657 | +9.4% |
| Equity | 10/15 | €1,844,069 | €2,083,988 | +€239,920 | +13.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,782,569 | €2,022,488 | +€239,920 | +13.5% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €1,776,419 | €2,016,338 | +€239,920 | +13.5% |
| Amounts payable | 17/49 | €261,670 | €220,407 | -€41,263 | -15.8% |
| Amounts payable after more than one year | 17 | €154,921 | €84,460 | -€70,461 | -45.5% |
| Financial debts | 170/4 | €154,921 | €84,460 | -€70,461 | -45.5% |
| Amounts payable within one year | 42/48 | €106,749 | €135,947 | +€29,198 | +27.4% |
| Current portion of amounts payable after more than one year | 42 | €68,723 | €70,461 | +€1,738 | +2.5% |
| Trade debts | 44 | €1,247 | €33,090 | +€31,844 | +2,554% |
| Suppliers | 440/4 | €1,247 | €33,090 | +€31,844 | +2,554% |
| Taxes, remuneration and social security | 45 | €36,779 | €32,396 | -€4,383 | -11.9% |
| Taxes | 450/3 | €36,779 | €32,396 | -€4,383 | -11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €188,943 | €177,018 | -€11,925 | -6.3% |
| Other operating charges | 640/8 | €45,458 | €46,932 | +€1,475 | +3.2% |
| Gross operating margin | 9900 | €590,602 | €547,795 | -€42,807 | -7.2% |
| Operating profit (loss) | 9901 | €356,201 | €323,844 | -€32,357 | -9.1% |
| Financial income | 75/76B | €1,466 | €4,138 | +€2,672 | +182% |
| Recurring financial income | 75 | €1,466 | €4,138 | +€2,672 | +182% |
| Financial charges | 65/66B | €6,584 | €4,890 | -€1,693 | -25.7% |
| Recurring financial charges | 65 | €6,584 | €4,890 | -€1,693 | -25.7% |
| Profit (loss) for the period before taxes | 9903 | €351,083 | €323,092 | -€27,991 | -8.0% |
| Income taxes | 67/77 | €87,771 | €83,173 | -€4,598 | -5.2% |
| Profit (loss) for the period | 9904 | €263,312 | €239,920 | -€23,393 | -8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €263,312 | €239,920 | -€23,393 | -8.9% |
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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 2 November 2026 via checked.be.