Hoeve Van Elven: what changed
What changed
Hoeve Van Elven
NACE 01.130, Growing of vegetables, melons, roots and tubers
filed annual accounts (NBB)
Net result for the year
-€142,376
2024 · €197,806-€340,183
Equity
€1.7m
2024 · €1.9m-€176,505
Cash
€145,095
2024 · €46,285+€98,809
Balance sheet total
€5.4m
2024 · €4.9m+€488,029
Largest movements
Assets
- Tangible fixed assets +€215,752
up €215,752 (+6.4%), from €3.4m to €3.6m
of which Land and buildings: +€274,762
- Receivables within one year +€149,941
up €149,941 (+38.7%), from €387,266 to €537,208
of which Trade receivables: +€153,908
- Cash +€98,809
up €98,809 (+213%), from €46,285 to €145,095
mainly Depreciation (+€531,348) and Trade debts (+€292,224)
Equity and liabilities
- Trade debts +€292,224
up €292,224 (+82.3%), from €355,162 to €647,386
- Debts after one year +€228,765
up €228,765 (+11.2%), from €2.1m to €2.3m
- Reserves -€142,376
down €142,376 (-9.4%), from €1.5m to €1.4m
of which Distributable reserves: -€135,331
- Short-term financial debts +€75,000
up €75,000 (+75.0%), from €100,000 to €175,000
Income statement
- Gross operating margin -€392,481
down €392,481 (-36.1%), from €1.1m to €695,859
- Taxes -€49,114
down €49,114 (-97.8%), from €50,211 to €1,098
- Financial charges +€25,369
up €25,369 (+59.7%), from €42,477 to €67,846
- Depreciation -€19,582
down €19,582 (-3.6%), from €550,930 to €531,348
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.
Result 2024
€197,806
Gross operating margin
-€392,481
Staff costs
-€4,100
Depreciation
+€19,582
Other operating charges
-€1,290
Other operating items
+€16,574
Financial income
-€1,858
Financial charges
-€25,369
Taxes
+€49,114
Deferred taxes and other
-€353
Result 2025
-€142,376
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€576,827
Investment
-€776,227
Financing
+€298,210
Cash 2024
€46,285
From operations (derived)
+€576,827
Net result for the year
-€142,376
Depreciation
+€531,348
Receivables after one year
-€15,000
Stocks and contracts
+€23,500
Receivables within one year
-€149,941
Deferred charges and accrued income
-€2,899
Provisions
-€2,130
Trade debts
+€292,224
Tax, wage and social debts
-€13,474
Other debts
+€52,292
Accrued charges and deferred income
+€3,284
Investment (derived)
-€776,227
Investment in fixed assets (net)
-€772,027
Current investments
-€4,200
Financing
+€298,210
Debts after one year
+€228,765
Current portion of long-term debt
+€28,574
Short-term financial debts
+€75,000
Contributions, distributions and other
-€34,129
Cash 2025
€145,095
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,869,732 | €5,357,761 | +€488,029 | +10.0% |
| Fixed assets | 21/28 | €3,466,206 | €3,706,885 | +€240,679 | +6.9% |
| Intangible fixed assets | 21 | - | €24,927 | +€24,927 | |
| Tangible fixed assets | 22/27 | €3,385,936 | €3,601,687 | +€215,752 | +6.4% |
| Land and buildings | 22 | €2,356,081 | €2,630,843 | +€274,762 | +11.7% |
| Plant, machinery and equipment | 23 | €537,828 | €633,010 | +€95,182 | +17.7% |
| Furniture and vehicles | 24 | €108,300 | €90,615 | -€17,686 | -16.3% |
| Leasing and similar rights | 25 | €383,727 | €247,220 | -€136,507 | -35.6% |
| Financial fixed assets | 28 | €80,270 | €80,270 | = | 0.0% |
| Current assets | 29/58 | €1,403,527 | €1,650,877 | +€247,350 | +17.6% |
| Amounts receivable after more than one year | 29 | €237,200 | €252,200 | +€15,000 | +6.3% |
| Other amounts receivable | 291 | €237,200 | €252,200 | +€15,000 | +6.3% |
| Stocks and contracts in progress | 3 | €636,250 | €612,750 | -€23,500 | -3.7% |
| Stocks | 30/36 | €636,250 | €612,750 | -€23,500 | -3.7% |
| Amounts receivable within one year | 40/41 | €387,266 | €537,208 | +€149,941 | +38.7% |
| Trade receivables | 40 | €281,954 | €435,862 | +€153,908 | +54.6% |
| Other amounts receivable | 41 | €105,312 | €101,345 | -€3,966 | -3.8% |
| Current investments | 50/53 | €26,950 | €31,150 | +€4,200 | +15.6% |
| Cash at bank and in hand | 54/58 | €46,285 | €145,095 | +€98,809 | +213% |
| Deferred charges and accrued income | 490/1 | €69,575 | €72,474 | +€2,899 | +4.2% |
| Total equity and liabilities | 10/49 | €4,869,732 | €5,357,761 | +€488,029 | +10.0% |
| Equity | 10/15 | €1,868,197 | €1,691,692 | -€176,505 | -9.4% |
| Contributions | 10/11 | €153,592 | €153,592 | = | 0.0% |
| Reserves | 13 | €1,507,960 | €1,365,584 | -€142,376 | -9.4% |
| Tax-exempt reserves | 132 | €35,342 | €28,296 | -€7,045 | -19.9% |
| Distributable reserves | 133 | €1,472,619 | €1,337,288 | -€135,331 | -9.2% |
| Investment grants | 15 | €206,645 | €172,516 | -€34,129 | -16.5% |
| Provisions and deferred taxes | 16 | €5,654 | €3,524 | -€2,130 | -37.7% |
| Deferred taxes | 168 | €5,654 | €3,524 | -€2,130 | -37.7% |
| Amounts payable | 17/49 | €2,995,881 | €3,662,545 | +€666,664 | +22.3% |
| Amounts payable after more than one year | 17 | €2,050,650 | €2,279,415 | +€228,765 | +11.2% |
| Financial debts | 170/4 | €2,050,650 | €2,279,415 | +€228,765 | +11.2% |
| Amounts payable within one year | 42/48 | €910,645 | €1,345,261 | +€434,616 | +47.7% |
| Current portion of amounts payable after more than one year | 42 | €344,228 | €372,802 | +€28,574 | +8.3% |
| Financial debts | 43 | €100,000 | €175,000 | +€75,000 | +75.0% |
| Credit institutions | 430/8 | €100,000 | €175,000 | +€75,000 | +75.0% |
| Trade debts | 44 | €355,162 | €647,386 | +€292,224 | +82.3% |
| Suppliers | 440/4 | €355,162 | €647,386 | +€292,224 | +82.3% |
| Taxes, remuneration and social security | 45 | €50,247 | €36,773 | -€13,474 | -26.8% |
| Taxes | 450/3 | €26,289 | €6,546 | -€19,744 | -75.1% |
| Remuneration and social security | 454/9 | €23,958 | €30,228 | +€6,270 | +26.2% |
| Other amounts payable | 47/48 | €61,008 | €113,299 | +€52,292 | +85.7% |
| Accrued charges and deferred income | 492/3 | €34,586 | €37,870 | +€3,284 | +9.5% |
| Non-recurring operating income | 76A | €7,610 | €28,850 | +€21,240 | +279% |
| Remuneration, social security and pensions | 62 | €224,961 | €229,061 | +€4,100 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €550,930 | €531,348 | -€19,582 | -3.6% |
| Other operating charges | 640/8 | €28,043 | €29,333 | +€1,290 | +4.6% |
| Non-recurring operating charges | 66A | €16,647 | €73 | -€16,574 | -99.6% |
| Gross operating margin | 9900 | €1,088,340 | €695,859 | -€392,481 | -36.1% |
| Operating profit (loss) | 9901 | €267,759 | -€93,957 | -€361,715 | |
| Financial income | 75/76B | €20,104 | €18,245 | -€1,858 | -9.2% |
| Recurring financial income | 75 | €20,104 | €18,245 | -€1,858 | -9.2% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €42,477 | €67,846 | +€25,369 | +59.7% |
| Recurring financial charges | 65 | €42,477 | €67,846 | +€25,369 | +59.7% |
| Profit (loss) for the period before taxes | 9903 | €245,385 | -€143,557 | -€388,943 | |
| Transfer from deferred taxes | 780 | €2,632 | €2,279 | -€353 | -13.4% |
| Income taxes | 67/77 | €50,211 | €1,098 | -€49,114 | -97.8% |
| Profit (loss) for the period | 9904 | €197,806 | -€142,376 | -€340,183 | |
| Transfer from tax-exempt reserves | 789 | €7,112 | €7,045 | -€67 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €204,918 | -€135,331 | -€340,249 |
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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 8 November 2026 via checked.be.