HoeverTec: 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.
HoeverTec
Largest movements
- Cash -€118,841
down €118,841 (-38.6%), from €308,160 to €189,319
mainly Contributions, distributions and other (-€460,978) and Receivables within one year (-€47,146)
- Receivables within one year +€47,146
up €47,146 (+101.4%), from €46,484 to €93,630
of which Trade receivables: +€33,799
- Profit (loss) carried forward -€231,430
down €231,430 (-100.0%), from €231,430 to €0
- Other debts +€130,235
up €130,235 (+131.1%), from €99,312 to €229,547
- Tax, wage and social debts +€29,164
up €29,164 (+530.8%), from €5,495 to €34,659
- Gross operating margin +€125,049
up €125,049 (+69.5%), from €179,983 to €305,032
- Taxes +€31,596
up €31,596 (+78.2%), from €40,408 to €72,004
- Depreciation -€5,042
down €5,042 (-76.9%), from €6,559 to €1,517
- Financial charges +€3,789
up €3,789 (+9710.0%), from €39 to €3,828
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €359,220 | €290,078 | -€69,142 | -19.2% |
| Fixed assets | 21/28 | €3,418 | €4,526 | +€1,108 | +32.4% |
| Tangible fixed assets | 22/27 | €3,418 | €4,526 | +€1,108 | +32.4% |
| Plant, machinery and equipment | 23 | €1,242 | €4,526 | +€3,284 | +264.5% |
| Furniture and vehicles | 24 | €2,176 | €0 | -€2,176 | -100.0% |
| Current assets | 29/58 | €355,803 | €285,553 | -€70,250 | -19.7% |
| Amounts receivable within one year | 40/41 | €46,484 | €93,630 | +€47,146 | +101.4% |
| Trade receivables | 40 | €35,361 | €69,160 | +€33,799 | +95.6% |
| Other amounts receivable | 41 | €11,123 | €24,470 | +€13,347 | +120.0% |
| Cash at bank and in hand | 54/58 | €308,160 | €189,319 | -€118,841 | -38.6% |
| Deferred charges and accrued income | 490/1 | €1,159 | €2,604 | +€1,445 | +124.7% |
| Total equity and liabilities | 10/49 | €359,220 | €290,078 | -€69,142 | -19.2% |
| Equity | 10/15 | €251,890 | €20,460 | -€231,430 | -91.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €231,430 | €0 | -€231,430 | -100.0% |
| Amounts payable | 17/49 | €107,330 | €269,618 | +€162,288 | +151.2% |
| Amounts payable within one year | 42/48 | €106,217 | €268,503 | +€162,286 | +152.8% |
| Trade debts | 44 | €1,410 | €3,830 | +€2,420 | +171.6% |
| Suppliers | 440/4 | €1,410 | €3,830 | +€2,420 | +171.6% |
| Advances received on contracts in progress | 46 | - | €467 | +€467 | |
| Taxes, remuneration and social security | 45 | €5,495 | €34,659 | +€29,164 | +530.8% |
| Taxes | 450/3 | €5,495 | €34,659 | +€29,164 | +530.8% |
| Other amounts payable | 47/48 | €99,312 | €229,547 | +€130,235 | +131.1% |
| Accrued charges and deferred income | 492/3 | €1,114 | €1,116 | +€2 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,559 | €1,517 | -€5,042 | -76.9% |
| Other operating charges | 640/8 | €464 | €739 | +€275 | +59.3% |
| Gross operating margin | 9900 | €179,983 | €305,032 | +€125,049 | +69.5% |
| Operating profit (loss) | 9901 | €172,961 | €302,776 | +€129,816 | +75.1% |
| Financial income | 75/76B | - | €2,603 | +€2,603 | |
| Recurring financial income | 75 | - | €2,603 | +€2,603 | |
| Financial charges | 65/66B | €39 | €3,828 | +€3,789 | +9710.0% |
| Recurring financial charges | 65 | €39 | €3,828 | +€3,789 | +9710.0% |
| Profit (loss) for the period before taxes | 9903 | €172,921 | €301,551 | +€128,630 | +74.4% |
| Income taxes | 67/77 | €40,408 | €72,004 | +€31,596 | +78.2% |
| Profit (loss) for the period | 9904 | €132,514 | €229,547 | +€97,034 | +73.2% |
| Profit (loss) for the period to be appropriated | 9905 | €132,514 | €229,547 | +€97,034 | +73.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.