HOESSEN.: what changed
Two fiscal 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.
HOESSEN.
Largest movements
- Tangible fixed assets +€48,823
up €48,823 (+10.7%), from €455,226 to €504,049
of which Land and buildings: +€64,753
- Receivables within one year -€16,188
down €16,188 (-25.4%), from €63,822 to €47,634
of which Other amounts receivable: -€23,588
- Reserves +€41,521
up €41,521 (+22.3%), from €186,494 to €228,016
of which Distributable reserves: +€44,528
- Other debts -€33,095
down €33,095 (-84.8%), from €39,038 to €5,943
- Short-term financial debts -€20,000
down €20,000 (-63.0%), from €31,760 to €11,760
- Debts after one year +€19,633
up €19,633 (+6.8%), from €290,107 to €309,740
of which Other amounts payable: +€50,000
- Trade debts +€14,000
up €14,000 (+192.9%), from €7,256 to €21,257
- Gross operating margin +€13,143
up €13,143 (+14.1%), from €93,311 to €106,454
- Other operating charges -€10,778
down €10,778 (-85.7%), from €12,571 to €1,793
- Depreciation +€6,168
up €6,168 (+21.6%), from €28,601 to €34,769
- Taxes +€2,262
up €2,262 (+13.4%), from €16,823 to €19,085
- Financial income -€2,217
down €2,217 (-85.9%), from €2,581 to €364
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.
Cash bridge derived
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 | €616,532 | €648,634 | +€32,102 | +5.2% |
| Fixed assets | 21/28 | €457,362 | €506,186 | +€48,823 | +10.7% |
| Tangible fixed assets | 22/27 | €455,226 | €504,049 | +€48,823 | +10.7% |
| Land and buildings | 22 | €389,694 | €454,447 | +€64,753 | +16.6% |
| Plant, machinery and equipment | 23 | €22,368 | €18,993 | -€3,375 | -15.1% |
| Furniture and vehicles | 24 | €43,163 | €30,608 | -€12,555 | -29.1% |
| Financial fixed assets | 28 | €2,137 | €2,137 | = | 0.0% |
| Current assets | 29/58 | €159,170 | €142,449 | -€16,721 | -10.5% |
| Amounts receivable within one year | 40/41 | €63,822 | €47,634 | -€16,188 | -25.4% |
| Trade receivables | 40 | €39,213 | €46,613 | +€7,400 | +18.9% |
| Other amounts receivable | 41 | €24,610 | €1,021 | -€23,588 | -95.9% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €95,330 | €94,815 | -€516 | -0.5% |
| Deferred charges and accrued income | 490/1 | €17 | €0 | -€17 | -100.0% |
| Total equity and liabilities | 10/49 | €616,532 | €648,634 | +€32,102 | +5.2% |
| Equity | 10/15 | €192,694 | €234,216 | +€41,521 | +21.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €186,494 | €228,016 | +€41,521 | +22.3% |
| Tax-exempt reserves | 132 | €54,045 | €51,038 | -€3,007 | -5.6% |
| Distributable reserves | 133 | €132,449 | €176,978 | +€44,528 | +33.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €18,015 | €17,013 | -€1,002 | -5.6% |
| Deferred taxes | 168 | €18,015 | €17,013 | -€1,002 | -5.6% |
| Amounts payable | 17/49 | €405,823 | €397,406 | -€8,417 | -2.1% |
| Amounts payable after more than one year | 17 | €290,107 | €309,740 | +€19,633 | +6.8% |
| Financial debts | 170/4 | €290,107 | €259,740 | -€30,367 | -10.5% |
| Other amounts payable | 178/9 | - | €50,000 | +€50,000 | |
| Amounts payable within one year | 42/48 | €115,715 | €87,666 | -€28,050 | -24.2% |
| Current portion of amounts payable after more than one year | 42 | €30,262 | €30,367 | +€105 | +0.3% |
| Financial debts | 43 | €31,760 | €11,760 | -€20,000 | -63.0% |
| Credit institutions | 430/8 | €31,760 | €11,760 | -€20,000 | -63.0% |
| Trade debts | 44 | €7,256 | €21,257 | +€14,000 | +192.9% |
| Suppliers | 440/4 | €7,256 | €21,257 | +€14,000 | +192.9% |
| Taxes, remuneration and social security | 45 | €7,399 | €18,339 | +€10,940 | +147.8% |
| Taxes | 450/3 | €3,047 | €13,632 | +€10,585 | +347.5% |
| Remuneration and social security | 454/9 | €4,353 | €4,707 | +€354 | +8.1% |
| Other amounts payable | 47/48 | €39,038 | €5,943 | -€33,095 | -84.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,601 | €34,769 | +€6,168 | +21.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€886 | €0 | +€886 | |
| Other operating charges | 640/8 | €12,571 | €1,793 | -€10,778 | -85.7% |
| Non-recurring operating charges | 66A | €1,378 | €0 | -€1,378 | -100.0% |
| Gross operating margin | 9900 | €93,311 | €106,454 | +€13,143 | +14.1% |
| Operating profit (loss) | 9901 | €51,647 | €69,892 | +€18,245 | +35.3% |
| Financial income | 75/76B | €2,581 | €364 | -€2,217 | -85.9% |
| Recurring financial income | 75 | €2,581 | €364 | -€2,217 | -85.9% |
| Financial charges | 65/66B | €7,261 | €8,986 | +€1,725 | +23.8% |
| Recurring financial charges | 65 | €7,261 | €8,986 | +€1,725 | +23.8% |
| Profit (loss) for the period before taxes | 9903 | €46,967 | €61,270 | +€14,303 | +30.5% |
| Transfer from deferred taxes | 780 | €1,002 | €1,002 | = | 0.0% |
| Income taxes | 67/77 | €16,823 | €19,085 | +€2,262 | +13.4% |
| Profit (loss) for the period | 9904 | €31,146 | €43,187 | +€12,041 | +38.7% |
| Transfer from tax-exempt reserves | 789 | €3,007 | €3,007 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,153 | €46,194 | +€12,041 | +35.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.