Hof ter Bree-Eik: 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.
Hof ter Bree-Eik
Largest movements
- Tangible fixed assets +€8.3m
up €8.3m (+21.4%), from €38.8m to €47.1m
of which Land and buildings: +€8.3m
- Cash -€1.5m
down €1.5m (-79.2%), from €1.9m to €391,052
mainly Investment in fixed assets (net) (-€8.9m) and Net result for the year (-€1.8m)
- Other debts +€8.3m
up €8.3m (+49.8%), from €16.6m to €24.9m
- Profit (loss) carried forward -€1.8m
down €1.8m (-19.7%), from -€9.2m to -€11.0m
- Depreciation +€148,201
up €148,201 (+30.8%), from €480,686 to €628,887
- Gross operating margin +€135,935
up €135,935 (+12.8%), from -€1.1m to -€929,544
- Financial income -€47,587
down €47,587 (-97.5%), from €48,822 to €1,235
- Staff costs +€46,295
up €46,295 (+25.8%), from €179,097 to €225,391
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 | €40,851,835 | €47,686,895 | +€6.8m | +16.7% |
| Fixed assets | 21/28 | €38,831,012 | €47,138,348 | +€8.3m | +21.4% |
| Tangible fixed assets | 22/27 | €38,831,012 | €47,138,348 | +€8.3m | +21.4% |
| Land and buildings | 22 | €37,879,460 | €46,144,382 | +€8.3m | +21.8% |
| Plant, machinery and equipment | 23 | €734,154 | €814,523 | +€80,369 | +10.9% |
| Furniture and vehicles | 24 | €167,628 | €121,249 | -€46,379 | -27.7% |
| Other tangible fixed assets | 26 | €49,770 | €58,195 | +€8,425 | +16.9% |
| Current assets | 29/58 | €2,020,823 | €548,547 | -€1.5m | -72.9% |
| Stocks and contracts in progress | 3 | €8,575 | €8,575 | = | 0.0% |
| Stocks | 30/36 | €8,575 | €8,575 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €40,499 | €53,233 | +€12,734 | +31.4% |
| Trade receivables | 40 | €11,660 | €28,590 | +€16,930 | +145% |
| Other amounts receivable | 41 | €28,839 | €24,643 | -€4,197 | -14.6% |
| Cash at bank and in hand | 54/58 | €1,879,490 | €391,052 | -€1.5m | -79.2% |
| Deferred charges and accrued income | 490/1 | €92,259 | €95,687 | +€3,428 | +3.7% |
| Total equity and liabilities | 10/49 | €40,851,835 | €47,686,895 | +€6.8m | +16.7% |
| Equity | 10/15 | €23,819,993 | €22,011,251 | -€1.8m | -7.6% |
| Contributions | 10/11 | €33,000,000 | €33,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,180,007 | -€10,988,749 | -€1.8m | -19.7% |
| Amounts payable | 17/49 | €17,031,842 | €25,675,644 | +€8.6m | +50.8% |
| Amounts payable within one year | 42/48 | €17,031,842 | €25,675,644 | +€8.6m | +50.8% |
| Trade debts | 44 | €364,977 | €709,137 | +€344,160 | +94.3% |
| Suppliers | 440/4 | €364,977 | €709,137 | +€344,160 | +94.3% |
| Taxes, remuneration and social security | 45 | €18,404 | €19,385 | +€982 | +5.3% |
| Taxes | 450/3 | €4,885 | €1,327 | -€3,558 | -72.8% |
| Remuneration and social security | 454/9 | €13,519 | €18,058 | +€4,539 | +33.6% |
| Other amounts payable | 47/48 | €16,648,462 | €24,947,122 | +€8.3m | +49.8% |
| Remuneration, social security and pensions | 62 | €179,097 | €225,391 | +€46,295 | +25.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €480,686 | €628,887 | +€148,201 | +30.8% |
| Other operating charges | 640/8 | €21,400 | €25,550 | +€4,151 | +19.4% |
| Gross operating margin | 9900 | -€1,065,479 | -€929,544 | +€135,935 | +12.8% |
| Operating profit (loss) | 9901 | -€1,746,661 | -€1,809,373 | -€62,711 | -3.6% |
| Financial income | 75/76B | €48,822 | €1,235 | -€47,587 | -97.5% |
| Recurring financial income | 75 | €48,822 | €1,235 | -€47,587 | -97.5% |
| Financial charges | 65/66B | €891 | €604 | -€287 | -32.2% |
| Recurring financial charges | 65 | €891 | €604 | -€287 | -32.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,698,730 | -€1,808,741 | -€110,012 | -6.5% |
| Profit (loss) for the period | 9904 | -€1,698,730 | -€1,808,741 | -€110,012 | -6.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,698,730 | -€1,808,741 | -€110,012 | -6.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.