Hoeve Nooitrust: 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.
Hoeve Nooitrust
Largest movements
- Stocks and contracts +€161,973
up €161,973 (+31.7%), from €511,410 to €673,383
- Tangible fixed assets -€120,295
down €120,295 (-20.8%), from €578,192 to €457,897
of which Plant, machinery and equipment: -€66,095
- Cash +€98,468
up €98,468 (+42.2%), from €233,127 to €331,595
mainly Depreciation (+€151,494) and Net result for the year (+€138,593)
- Financial fixed assets +€32,535
up €32,535 (+51.1%), from €63,695 to €96,230
- Profit (loss) carried forward +€102,630
up €102,630, from -€102,630 to €0
- Trade debts +€80,745
up €80,745 (+6.1%), from €1.3m to €1.4m
- Other debts -€63,695
down €63,695 (-100.0%), from €63,695 to €0
- Reserves +€35,963
new in 2025: €35,963
- Tax, wage and social debts +€20,322
up €20,322 (+140.0%), from €14,519 to €34,841
of which Taxes: +€12,723
- Gross operating margin +€515,086
up €515,086 (+1829.9%), from €28,149 to €543,234
- Depreciation +€138,776
up €138,776 (+1091.2%), from €12,718 to €151,494
- Staff costs +€118,963
up €118,963 (+101.6%), from €117,039 to €236,002
- Taxes +€13,330
new in 2025: €13,330
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 | €1,498,866 | €1,674,831 | +€175,965 | +11.7% |
| Fixed assets | 21/28 | €641,887 | €554,127 | -€87,760 | -13.7% |
| Tangible fixed assets | 22/27 | €578,192 | €457,897 | -€120,295 | -20.8% |
| Plant, machinery and equipment | 23 | €311,882 | €245,787 | -€66,095 | -21.2% |
| Furniture and vehicles | 24 | €266,310 | €212,110 | -€54,200 | -20.4% |
| Financial fixed assets | 28 | €63,695 | €96,230 | +€32,535 | +51.1% |
| Current assets | 29/58 | €856,979 | €1,120,704 | +€263,725 | +30.8% |
| Stocks and contracts in progress | 3 | €511,410 | €673,383 | +€161,973 | +31.7% |
| Stocks | 30/36 | €511,410 | €673,383 | +€161,973 | +31.7% |
| Amounts receivable within one year | 40/41 | €112,442 | €115,726 | +€3,285 | +2.9% |
| Trade receivables | 40 | €112,442 | €91,228 | -€21,214 | -18.9% |
| Other amounts receivable | 41 | - | €24,498 | +€24,498 | |
| Cash at bank and in hand | 54/58 | €233,127 | €331,595 | +€98,468 | +42.2% |
| Total equity and liabilities | 10/49 | €1,498,866 | €1,674,831 | +€175,965 | +11.7% |
| Equity | 10/15 | €97,370 | €235,963 | +€138,593 | +142.3% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | - | €35,963 | +€35,963 | |
| Distributable reserves | 133 | - | €35,963 | +€35,963 | |
| Profit (loss) carried forward | 14 | -€102,630 | €0 | +€102,630 | |
| Amounts payable | 17/49 | €1,401,496 | €1,438,868 | +€37,372 | +2.7% |
| Amounts payable within one year | 42/48 | €1,401,496 | €1,438,868 | +€37,372 | +2.7% |
| Trade debts | 44 | €1,323,282 | €1,404,026 | +€80,745 | +6.1% |
| Suppliers | 440/4 | €1,323,282 | €1,404,026 | +€80,745 | +6.1% |
| Taxes, remuneration and social security | 45 | €14,519 | €34,841 | +€20,322 | +140.0% |
| Taxes | 450/3 | €607 | €13,330 | +€12,723 | +2095.6% |
| Remuneration and social security | 454/9 | €13,912 | €21,511 | +€7,599 | +54.6% |
| Other amounts payable | 47/48 | €63,695 | €0 | -€63,695 | -100.0% |
| Remuneration, social security and pensions | 62 | €117,039 | €236,002 | +€118,963 | +101.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,718 | €151,494 | +€138,776 | +1091.2% |
| Other operating charges | 640/8 | €996 | €3,714 | +€2,718 | +272.8% |
| Gross operating margin | 9900 | €28,149 | €543,234 | +€515,086 | +1829.9% |
| Operating profit (loss) | 9901 | -€102,605 | €152,023 | +€254,628 | |
| Financial charges | 65/66B | €25 | €100 | +€75 | +301.6% |
| Recurring financial charges | 65 | €25 | €100 | +€75 | +301.6% |
| Profit (loss) for the period before taxes | 9903 | -€102,630 | €151,923 | +€254,553 | |
| Income taxes | 67/77 | - | €13,330 | +€13,330 | |
| Profit (loss) for the period | 9904 | -€102,630 | €138,593 | +€241,223 | |
| Profit (loss) for the period to be appropriated | 9905 | -€102,630 | €138,593 | +€241,223 |
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 7 October 2026 via checked.be.