HOEVE LINZE: 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.
HOEVE LINZE
Largest movements
- Receivables within one year -€321,899
down €321,899 (-67.4%), from €477,535 to €155,636
of which Other amounts receivable: -€363,278
- Cash +€146,026
up €146,026 (+46.1%), from €316,718 to €462,744
mainly Net result for the year (+€527,584) and Receivables within one year (+€321,899)
- Tangible fixed assets +€115,429
up €115,429 (+37.2%), from €310,456 to €425,885
- Current investments +€100,000
new in 2025: €100,000
- Debts after one year -€228,000
down €228,000 (-100%), from €228,000 to €0
- Reserves +€227,584
up €227,584 (+30.8%), from €738,688 to €966,272
- Trade debts +€49,130
up €49,130 (+234%), from €20,996 to €70,126
- Other debts +€34,606
up €34,606 (+128%), from €26,968 to €61,574
- Accrued charges and deferred income -€30,337
down €30,337 (-100%), from €30,337 to €0
- Depreciation +€142,148
up €142,148 (+1,303%), from €10,910 to €153,059
- Gross operating margin -€70,230
down €70,230 (-9.2%), from €762,543 to €692,313
- Taxes -€26,778
down €26,778 (-100%), from €26,778 to €0
- Financial charges -€7,871
down €7,871 (-67.6%), from €11,644 to €3,773
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 | €1,124,496 | €1,168,113 | +€43,617 | +3.9% |
| Fixed assets | 21/28 | €328,926 | €444,756 | +€115,829 | +35.2% |
| Tangible fixed assets | 22/27 | €310,456 | €425,885 | +€115,429 | +37.2% |
| Land and buildings | 22 | €310,456 | €425,885 | +€115,429 | +37.2% |
| Financial fixed assets | 28 | €18,470 | €18,870 | +€400 | +2.2% |
| Current assets | 29/58 | €795,570 | €723,358 | -€72,212 | -9.1% |
| Amounts receivable within one year | 40/41 | €477,535 | €155,636 | -€321,899 | -67.4% |
| Trade receivables | 40 | €67,508 | €108,887 | +€41,380 | +61.3% |
| Other amounts receivable | 41 | €410,027 | €46,749 | -€363,278 | -88.6% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €316,718 | €462,744 | +€146,026 | +46.1% |
| Deferred charges and accrued income | 490/1 | €1,317 | €4,978 | +€3,661 | +278% |
| Total equity and liabilities | 10/49 | €1,124,496 | €1,168,113 | +€43,617 | +3.9% |
| Equity | 10/15 | €793,688 | €1,021,272 | +€227,584 | +28.7% |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Reserves | 13 | €738,688 | €966,272 | +€227,584 | +30.8% |
| Distributable reserves | 133 | €738,688 | €966,272 | +€227,584 | +30.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €330,808 | €146,841 | -€183,967 | -55.6% |
| Amounts payable after more than one year | 17 | €228,000 | €0 | -€228,000 | -100% |
| Financial debts | 170/4 | €228,000 | €0 | -€228,000 | -100% |
| Amounts payable within one year | 42/48 | €72,472 | €146,841 | +€74,370 | +103% |
| Current portion of amounts payable after more than one year | 42 | €19,000 | €0 | -€19,000 | -100% |
| Trade debts | 44 | €20,996 | €70,126 | +€49,130 | +234% |
| Suppliers | 440/4 | €20,996 | €70,126 | +€49,130 | +234% |
| Advances received on contracts in progress | 46 | - | €6,220 | +€6,220 | |
| Taxes, remuneration and social security | 45 | €5,508 | €8,921 | +€3,413 | +62.0% |
| Taxes | 450/3 | €5,508 | €1,888 | -€3,620 | -65.7% |
| Remuneration and social security | 454/9 | - | €7,033 | +€7,033 | |
| Other amounts payable | 47/48 | €26,968 | €61,574 | +€34,606 | +128% |
| Accrued charges and deferred income | 492/3 | €30,337 | €0 | -€30,337 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,910 | €153,059 | +€142,148 | +1,303% |
| Other operating charges | 640/8 | €2,583 | €8,022 | +€5,439 | +211% |
| Gross operating margin | 9900 | €762,543 | €692,313 | -€70,230 | -9.2% |
| Operating profit (loss) | 9901 | €749,050 | €531,232 | -€217,818 | -29.1% |
| Financial income | 75/76B | - | €125 | +€125 | |
| Recurring financial income | 75 | - | €125 | +€125 | |
| Financial charges | 65/66B | €11,644 | €3,773 | -€7,871 | -67.6% |
| Recurring financial charges | 65 | €11,644 | €3,773 | -€7,871 | -67.6% |
| Profit (loss) for the period before taxes | 9903 | €737,406 | €527,584 | -€209,821 | -28.5% |
| Income taxes | 67/77 | €26,778 | €0 | -€26,778 | -100% |
| Profit (loss) for the period | 9904 | €710,627 | €527,584 | -€183,043 | -25.8% |
| Profit (loss) for the period to be appropriated | 9905 | €710,627 | €527,584 | -€183,043 | -25.8% |
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 25 October 2026 via checked.be.