HOEVE DEWALLEFF: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
HOEVE DEWALLEFF
Largest movements
- Cash -€297,031
down €297,031 (-41.8%), from €711,087 to €414,057
mainly Other debts (-€278,338) and Investment in fixed assets (net) (-€273,423)
- Tangible fixed assets +€71,613
up €71,613 (+4.9%), from €1.4m to €1.5m
of which Plant, machinery and equipment: +€267,523
- Receivables within one year -€33,052
down €33,052 (-54.2%), from €60,958 to €27,906
of which Other amounts receivable: -€26,055
- Other debts -€278,338
down €278,338 (-93.4%), from €298,153 to €19,815
- Reserves +€109,002
up €109,002 (+14.8%), from €738,131 to €847,133
of which Distributable reserves: +€109,002
- Debts after one year -€60,625
down €60,625 (-22.3%), from €272,431 to €211,806
- Tax, wage and social debts -€35,149
down €35,149 (-47.8%), from €73,516 to €38,367
of which Taxes: -€39,225
- Gross operating margin -€34,717
down €34,717 (-7.2%), from €484,756 to €450,039
- Depreciation +€27,242
up €27,242 (+15.6%), from €174,569 to €201,811
- Taxes -€26,569
down €26,569 (-48.7%), from €54,573 to €28,005
- Staff costs -€8,323
down €8,323 (-8.8%), from €94,412 to €86,089
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,308,590 | €2,040,229 | -€268,361 | -11.6% |
| Fixed assets | 21/28 | €1,447,983 | €1,519,596 | +€71,613 | +4.9% |
| Tangible fixed assets | 22/27 | €1,446,973 | €1,518,586 | +€71,613 | +4.9% |
| Land and buildings | 22 | €986,287 | €934,657 | -€51,630 | -5.2% |
| Plant, machinery and equipment | 23 | €287,933 | €555,456 | +€267,523 | +92.9% |
| Furniture and vehicles | 24 | €6,496 | €3,473 | -€3,024 | -46.5% |
| Assets under construction and advance payments | 27 | €166,257 | €25,000 | -€141,257 | -85.0% |
| Financial fixed assets | 28 | €1,010 | €1,010 | = | 0.0% |
| Current assets | 29/58 | €860,607 | €520,634 | -€339,974 | -39.5% |
| Stocks and contracts in progress | 3 | €83,599 | €72,941 | -€10,658 | -12.7% |
| Stocks | 30/36 | €83,599 | €72,941 | -€10,658 | -12.7% |
| Amounts receivable within one year | 40/41 | €60,958 | €27,906 | -€33,052 | -54.2% |
| Trade receivables | 40 | €26,746 | €19,749 | -€6,997 | -26.2% |
| Other amounts receivable | 41 | €34,213 | €8,158 | -€26,055 | -76.2% |
| Cash at bank and in hand | 54/58 | €711,087 | €414,057 | -€297,031 | -41.8% |
| Deferred charges and accrued income | 490/1 | €4,963 | €5,730 | +€767 | +15.5% |
| Total equity and liabilities | 10/49 | €2,308,590 | €2,040,229 | -€268,361 | -11.6% |
| Equity | 10/15 | €1,553,131 | €1,662,133 | +€109,002 | +7.0% |
| Contributions | 10/11 | €815,000 | €815,000 | = | 0.0% |
| Reserves | 13 | €738,131 | €847,133 | +€109,002 | +14.8% |
| Non-distributable reserves | 130/1 | €81,500 | €81,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €81,500 | €81,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,626 | €8,626 | = | 0.0% |
| Distributable reserves | 133 | €648,006 | €757,008 | +€109,002 | +16.8% |
| Amounts payable | 17/49 | €755,459 | €378,096 | -€377,363 | -50.0% |
| Amounts payable after more than one year | 17 | €272,431 | €211,806 | -€60,625 | -22.3% |
| Financial debts | 170/4 | €272,431 | €211,806 | -€60,625 | -22.3% |
| Amounts payable within one year | 42/48 | €481,229 | €162,635 | -€318,594 | -66.2% |
| Current portion of amounts payable after more than one year | 42 | €59,167 | €55,695 | -€3,472 | -5.9% |
| Financial debts | 43 | €11,889 | €11,790 | -€99 | -0.8% |
| Credit institutions | 430/8 | €11,889 | €11,790 | -€99 | -0.8% |
| Trade debts | 44 | €26,169 | €27,192 | +€1,023 | +3.9% |
| Suppliers | 440/4 | €26,169 | €27,192 | +€1,023 | +3.9% |
| Advances received on contracts in progress | 46 | €12,335 | €9,775 | -€2,560 | -20.8% |
| Taxes, remuneration and social security | 45 | €73,516 | €38,367 | -€35,149 | -47.8% |
| Taxes | 450/3 | €62,901 | €23,676 | -€39,225 | -62.4% |
| Remuneration and social security | 454/9 | €10,615 | €14,691 | +€4,076 | +38.4% |
| Other amounts payable | 47/48 | €298,153 | €19,815 | -€278,338 | -93.4% |
| Accrued charges and deferred income | 492/3 | €1,799 | €3,656 | +€1,857 | +103% |
| Remuneration, social security and pensions | 62 | €94,412 | €86,089 | -€8,323 | -8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €174,569 | €201,811 | +€27,242 | +15.6% |
| Other operating charges | 640/8 | €24,377 | €21,642 | -€2,736 | -11.2% |
| Gross operating margin | 9900 | €484,756 | €450,039 | -€34,717 | -7.2% |
| Operating profit (loss) | 9901 | €191,399 | €140,498 | -€50,901 | -26.6% |
| Financial income | 75/76B | €4,589 | €3,569 | -€1,020 | -22.2% |
| Recurring financial income | 75 | €4,589 | €3,569 | -€1,020 | -22.2% |
| Financial charges | 65/66B | €7,892 | €7,060 | -€832 | -10.5% |
| Recurring financial charges | 65 | €7,892 | €7,060 | -€832 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €188,096 | €137,007 | -€51,089 | -27.2% |
| Income taxes | 67/77 | €54,573 | €28,005 | -€26,569 | -48.7% |
| Profit (loss) for the period | 9904 | €133,522 | €109,002 | -€24,520 | -18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €133,522 | €109,002 | -€24,520 | -18.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.