Hof van Cleve: 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 van Cleve
Largest movements
- Tangible fixed assets +€154,288
up €154,288 (+27.5%), from €560,696 to €714,984
of which Furniture and vehicles: +€96,161
- Stocks and contracts +€108,845
up €108,845 (+18.9%), from €575,587 to €684,431
- Receivables within one year -€97,625
down €97,625 (-46.5%), from €210,065 to €112,439
of which Other amounts receivable: -€184,484
- Cash +€60,239
up €60,239 (+23.6%), from €254,963 to €315,203
mainly Net result for the year (+€310,655) and Other debts (+€130,000)
- Profit (loss) carried forward +€310,655
up €310,655 (+78.8%), from €394,472 to €705,127
- Trade debts -€179,308
down €179,308 (-34.0%), from €528,106 to €348,797
- Other debts +€130,000
new in 2025: €130,000
- Short-term financial debts -€100,000
no longer reported in 2025 (was €100,000)
- Debts after one year +€86,237
up €86,237 (+32.7%), from €263,876 to €350,113
- Staff costs +€144,105
up €144,105 (+14.7%), from €981,033 to €1.1m
- Gross operating margin +€103,165
up €103,165 (+6.9%), from €1.5m to €1.6m
- Depreciation +€39,206
up €39,206 (+45.3%), from €86,465 to €125,671
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 | €1,611,991 | €1,850,083 | +€238,093 | +14.8% |
| Fixed assets | 21/28 | €563,247 | €728,274 | +€165,027 | +29.3% |
| Intangible fixed assets | 21 | €1 | €9,617 | +€9,616 | +961,645% |
| Tangible fixed assets | 22/27 | €560,696 | €714,984 | +€154,288 | +27.5% |
| Land and buildings | 22 | €119,571 | €180,454 | +€60,883 | +50.9% |
| Plant, machinery and equipment | 23 | €414,202 | €411,445 | -€2,757 | -0.7% |
| Furniture and vehicles | 24 | €26,923 | €123,084 | +€96,161 | +357% |
| Financial fixed assets | 28 | €2,550 | €3,673 | +€1,123 | +44.0% |
| Current assets | 29/58 | €1,048,744 | €1,121,809 | +€73,066 | +7.0% |
| Stocks and contracts in progress | 3 | €575,587 | €684,431 | +€108,845 | +18.9% |
| Stocks | 30/36 | €575,587 | €684,431 | +€108,845 | +18.9% |
| Amounts receivable within one year | 40/41 | €210,065 | €112,439 | -€97,625 | -46.5% |
| Trade receivables | 40 | €25,581 | €112,439 | +€86,858 | +340% |
| Other amounts receivable | 41 | €184,484 | €0 | -€184,484 | -100% |
| Cash at bank and in hand | 54/58 | €254,963 | €315,203 | +€60,239 | +23.6% |
| Deferred charges and accrued income | 490/1 | €8,129 | €9,736 | +€1,607 | +19.8% |
| Total equity and liabilities | 10/49 | €1,611,991 | €1,850,083 | +€238,093 | +14.8% |
| Equity | 10/15 | €404,472 | €715,127 | +€310,655 | +76.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €394,472 | €705,127 | +€310,655 | +78.8% |
| Amounts payable | 17/49 | €1,207,518 | €1,134,956 | -€72,562 | -6.0% |
| Amounts payable after more than one year | 17 | €263,876 | €350,113 | +€86,237 | +32.7% |
| Financial debts | 170/4 | €263,876 | €350,113 | +€86,237 | +32.7% |
| Amounts payable within one year | 42/48 | €785,083 | €664,737 | -€120,346 | -15.3% |
| Current portion of amounts payable after more than one year | 42 | €82,800 | €141,927 | +€59,127 | +71.4% |
| Financial debts | 43 | €100,000 | - | -€100,000 | |
| Credit institutions | 430/8 | €100,000 | - | -€100,000 | |
| Trade debts | 44 | €528,106 | €348,797 | -€179,308 | -34.0% |
| Suppliers | 440/4 | €528,106 | €348,797 | -€179,308 | -34.0% |
| Taxes, remuneration and social security | 45 | €74,178 | €44,013 | -€30,164 | -40.7% |
| Taxes | 450/3 | - | €19,470 | +€19,470 | |
| Remuneration and social security | 454/9 | €74,178 | €24,543 | -€49,634 | -66.9% |
| Other amounts payable | 47/48 | - | €130,000 | +€130,000 | |
| Accrued charges and deferred income | 492/3 | €158,559 | €120,105 | -€38,454 | -24.3% |
| Non-recurring operating income | 76A | - | €4,426 | +€4,426 | |
| Remuneration, social security and pensions | 62 | €981,033 | €1,125,138 | +€144,105 | +14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,465 | €125,671 | +€39,206 | +45.3% |
| Other operating charges | 640/8 | €3,031 | €144 | -€2,887 | -95.2% |
| Non-recurring operating charges | 66A | - | €20,522 | +€20,522 | |
| Gross operating margin | 9900 | €1,505,627 | €1,608,792 | +€103,165 | +6.9% |
| Operating profit (loss) | 9901 | €435,098 | €337,317 | -€97,781 | -22.5% |
| Financial charges | 65/66B | €40,625 | €26,662 | -€13,964 | -34.4% |
| Recurring financial charges | 65 | €40,625 | €26,662 | -€13,964 | -34.4% |
| Profit (loss) for the period before taxes | 9903 | €394,472 | €310,655 | -€83,817 | -21.2% |
| Profit (loss) for the period | 9904 | €394,472 | €310,655 | -€83,817 | -21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €394,472 | €310,655 | -€83,817 | -21.2% |
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 24 October 2026 via checked.be.