Hof Van Heden: 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 Heden
Largest movements
- Receivables within one year -€16,159
down €16,159 (-100.0%), from €16,160 to €1
of which Trade receivables: -€15,870
- Tangible fixed assets -€2,532
down €2,532 (-25.2%), from €10,036 to €7,504
of which Plant, machinery and equipment: -€2,407
- Cash +€1,813
up €1,813 (+3,495%), from €52 to €1,865
mainly Receivables within one year (+€16,159) and Depreciation (+€2,532)
- Trade debts -€12,514
down €12,514 (-88.1%), from €14,205 to €1,691
- Profit (loss) carried forward -€4,587
down €4,587 (-25.9%), from -€17,706 to -€22,293
- Other debts +€2,507
up €2,507 (+130%), from €1,926 to €4,433
- Debts after one year -€2,398
down €2,398 (-34.8%), from €6,890 to €4,493
- Gross operating margin +€11,066
up €11,066 (+86.7%), from -€12,757 to -€1,691
- Depreciation -€1,949
down €1,949 (-43.5%), from €4,481 to €2,532
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.
Derived cash bridge
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 | €26,248 | €9,371 | -€16,878 | -64.3% |
| Fixed assets | 21/28 | €10,036 | €7,504 | -€2,532 | -25.2% |
| Tangible fixed assets | 22/27 | €10,036 | €7,504 | -€2,532 | -25.2% |
| Plant, machinery and equipment | 23 | €9,891 | €7,485 | -€2,407 | -24.3% |
| Furniture and vehicles | 24 | €145 | €20 | -€125 | -86.5% |
| Current assets | 29/58 | €16,212 | €1,866 | -€14,346 | -88.5% |
| Amounts receivable within one year | 40/41 | €16,160 | €1 | -€16,159 | -100.0% |
| Trade receivables | 40 | €15,870 | €0 | -€15,870 | -100% |
| Other amounts receivable | 41 | €291 | €1 | -€290 | -99.7% |
| Cash at bank and in hand | 54/58 | €52 | €1,865 | +€1,813 | +3,495% |
| Total equity and liabilities | 10/49 | €26,248 | €9,371 | -€16,878 | -64.3% |
| Equity | 10/15 | €294 | -€4,293 | -€4,587 | |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,706 | -€22,293 | -€4,587 | -25.9% |
| Amounts payable | 17/49 | €25,955 | €13,664 | -€12,291 | -47.4% |
| Amounts payable after more than one year | 17 | €6,890 | €4,493 | -€2,398 | -34.8% |
| Financial debts | 170/4 | €6,890 | €4,493 | -€2,398 | -34.8% |
| Amounts payable within one year | 42/48 | €19,065 | €9,171 | -€9,893 | -51.9% |
| Current portion of amounts payable after more than one year | 42 | €2,919 | €3,033 | +€114 | +3.9% |
| Trade debts | 44 | €14,205 | €1,691 | -€12,514 | -88.1% |
| Suppliers | 440/4 | €14,205 | €1,691 | -€12,514 | -88.1% |
| Taxes, remuneration and social security | 45 | €14 | €14 | = | 0.0% |
| Taxes | 450/3 | €14 | €14 | = | 0.0% |
| Other amounts payable | 47/48 | €1,926 | €4,433 | +€2,507 | +130% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,481 | €2,532 | -€1,949 | -43.5% |
| Other operating charges | 640/8 | - | €19 | +€19 | |
| Gross operating margin | 9900 | -€12,757 | -€1,691 | +€11,066 | +86.7% |
| Operating profit (loss) | 9901 | -€17,239 | -€4,242 | +€12,997 | +75.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €468 | €345 | -€123 | -26.3% |
| Recurring financial charges | 65 | €468 | €345 | -€123 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | -€17,706 | -€4,587 | +€13,120 | +74.1% |
| Profit (loss) for the period | 9904 | -€17,706 | -€4,587 | +€13,120 | +74.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,706 | -€4,587 | +€13,120 | +74.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.