HOEVE LAVANDE: what changed
HOEVE LAVANDE
Largest movements
- Cash +€122,602
up €122,602 (+123%), from €99,994 to €222,595
mainly Net result for the year (+€84,804) and Depreciation (+€63,971)
- Receivables within one year +€34,472
up €34,472 (+54.9%), from €62,805 to €97,277
of which Trade receivables: +€40,295
- Stocks and contracts -€24,760
down €24,760 (-72.2%), from €34,280 to €9,520
- Tangible fixed assets -€12,711
down €12,711 (-3.6%), from €357,800 to €345,089
of which Furniture and vehicles: -€15,260
- Reserves +€84,804
up €84,804 (+70.7%), from €119,946 to €204,750
- Other debts +€46,599
up €46,599 (+31.3%), from €148,761 to €195,360
- Tax, wage and social debts +€15,375
new in 2025: €15,375
- Debts after one year -€14,488
down €14,488 (-7.1%), from €204,707 to €190,219
- Trade debts -€12,913
down €12,913 (-75.1%), from €17,203 to €4,290
- Gross operating margin +€84,467
up €84,467 (+101%), from €83,697 to €168,164
- Taxes +€12,044
up €12,044 (+79.8%), from €15,093 to €27,137
- Financial income -€2,494
down €2,494 (-8.7%), from €28,807 to €26,313
of which Financial income: -€2,515
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 | €554,878 | €674,482 | +€119,603 | +21.6% |
| Fixed assets | 21/28 | €357,800 | €345,089 | -€12,711 | -3.6% |
| Tangible fixed assets | 22/27 | €357,800 | €345,089 | -€12,711 | -3.6% |
| Land and buildings | 22 | €289,915 | €296,467 | +€6,552 | +2.3% |
| Plant, machinery and equipment | 23 | €21,701 | €17,698 | -€4,003 | -18.4% |
| Furniture and vehicles | 24 | €46,183 | €30,924 | -€15,260 | -33.0% |
| Current assets | 29/58 | €197,078 | €329,392 | +€132,314 | +67.1% |
| Stocks and contracts in progress | 3 | €34,280 | €9,520 | -€24,760 | -72.2% |
| Stocks | 30/36 | €34,280 | €9,520 | -€24,760 | -72.2% |
| Amounts receivable within one year | 40/41 | €62,805 | €97,277 | +€34,472 | +54.9% |
| Trade receivables | 40 | €56,983 | €97,277 | +€40,295 | +70.7% |
| Other amounts receivable | 41 | €5,822 | - | -€5,822 | |
| Cash at bank and in hand | 54/58 | €99,994 | €222,595 | +€122,602 | +123% |
| Total equity and liabilities | 10/49 | €554,878 | €674,482 | +€119,603 | +21.6% |
| Equity | 10/15 | €169,946 | €254,750 | +€84,804 | +49.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €119,946 | €204,750 | +€84,804 | +70.7% |
| Distributable reserves | 133 | €119,946 | €204,750 | +€84,804 | +70.7% |
| Amounts payable | 17/49 | €384,932 | €419,732 | +€34,799 | +9.0% |
| Amounts payable after more than one year | 17 | €204,707 | €190,219 | -€14,488 | -7.1% |
| Financial debts | 170/4 | €204,707 | €190,219 | -€14,488 | -7.1% |
| Amounts payable within one year | 42/48 | €180,225 | €229,513 | +€49,287 | +27.3% |
| Current portion of amounts payable after more than one year | 42 | €14,261 | €14,488 | +€227 | +1.6% |
| Trade debts | 44 | €17,203 | €4,290 | -€12,913 | -75.1% |
| Suppliers | 440/4 | €17,203 | €4,290 | -€12,913 | -75.1% |
| Taxes, remuneration and social security | 45 | - | €15,375 | +€15,375 | |
| Taxes | 450/3 | - | €15,375 | +€15,375 | |
| Other amounts payable | 47/48 | €148,761 | €195,360 | +€46,599 | +31.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,571 | €63,971 | +€1,400 | +2.2% |
| Other operating charges | 640/8 | €14,931 | €14,882 | -€49 | -0.3% |
| Gross operating margin | 9900 | €83,697 | €168,164 | +€84,467 | +101% |
| Operating profit (loss) | 9901 | €6,196 | €89,311 | +€83,115 | +1,341% |
| Financial income | 75/76B | €28,807 | €26,313 | -€2,494 | -8.7% |
| Recurring financial income | 75 | €28,342 | €25,827 | -€2,515 | -8.9% |
| Non-recurring financial income | 76B | €464 | €486 | +€22 | +4.7% |
| Financial charges | 65/66B | €3,907 | €3,684 | -€223 | -5.7% |
| Recurring financial charges | 65 | €3,907 | €3,684 | -€223 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €31,096 | €111,941 | +€80,844 | +260% |
| Income taxes | 67/77 | €15,093 | €27,137 | +€12,044 | +79.8% |
| Profit (loss) for the period | 9904 | €16,004 | €84,804 | +€68,800 | +430% |
| Profit (loss) for the period to be appropriated | 9905 | €16,004 | €84,804 | +€68,800 | +430% |
Next steps
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.