HOOGENOOT: 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.
HOOGENOOT
Largest movements
- Tangible fixed assets +€430,139
up €430,139 (+2,839%), from €15,153 to €445,292
of which Other tangible fixed assets: +€233,030
- Receivables within one year -€219,985
down €219,985 (-100.0%), from €220,000 to €15
- Financial fixed assets -€176,200
down €176,200 (-90.1%), from €195,600 to €19,400
- Intangible fixed assets +€171,000
new in 2025: €171,000
- Stocks and contracts +€63,670
new in 2025: €63,670
- Other debts +€214,537
up €214,537 (+65.7%), from €326,731 to €541,268
- Profit (loss) carried forward -€131,527
down €131,527 (-315%), from -€41,790 to -€173,318
- Trade debts +€50,592
up €50,592 (+309%), from €16,391 to €66,983
- Current portion of long-term debt +€43,658
up €43,658 (+113%), from €38,791 to €82,449
- Tax, wage and social debts +€32,877
up €32,877 (+1,479%), from €2,222 to €35,099
of which Taxes: +€20,155
- Gross operating margin +€362,776
up €362,776, from -€24,110 to €338,665
- Staff costs +€190,592
new in 2025: €190,592
- Depreciation +€114,577
up €114,577 (+2,799%), from €4,093 to €118,670
- Other operating charges +€21,085
up €21,085 (+1,344%), from €1,569 to €22,654
- Financial charges +€16,383
up €16,383 (+267%), from €6,140 to €22,523
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 | €431,065 | €699,378 | +€268,313 | +62.2% |
| Fixed assets | 21/28 | €210,753 | €635,692 | +€424,939 | +202% |
| Intangible fixed assets | 21 | - | €171,000 | +€171,000 | |
| Tangible fixed assets | 22/27 | €15,153 | €445,292 | +€430,139 | +2,839% |
| Land and buildings | 22 | €4,486 | €74,916 | +€70,430 | +1,570% |
| Plant, machinery and equipment | 23 | €5,646 | €110,382 | +€104,736 | +1,855% |
| Furniture and vehicles | 24 | €5,021 | €26,963 | +€21,942 | +437% |
| Other tangible fixed assets | 26 | - | €233,030 | +€233,030 | |
| Financial fixed assets | 28 | €195,600 | €19,400 | -€176,200 | -90.1% |
| Current assets | 29/58 | €220,311 | €63,685 | -€156,626 | -71.1% |
| Stocks and contracts in progress | 3 | - | €63,670 | +€63,670 | |
| Stocks | 30/36 | - | €63,670 | +€63,670 | |
| Amounts receivable within one year | 40/41 | €220,000 | €15 | -€219,985 | -100.0% |
| Trade receivables | 40 | €220,000 | €15 | -€219,985 | -100.0% |
| Cash at bank and in hand | 54/58 | €7 | - | -€7 | |
| Deferred charges and accrued income | 490/1 | €304 | - | -€304 | |
| Total equity and liabilities | 10/49 | €431,065 | €699,378 | +€268,313 | +62.2% |
| Equity | 10/15 | -€36,790 | -€148,318 | -€111,527 | -303% |
| Contributions | 10/11 | €5,000 | €25,000 | +€20,000 | +400% |
| Profit (loss) carried forward | 14 | -€41,790 | -€173,318 | -€131,527 | -315% |
| Amounts payable | 17/49 | €467,855 | €847,695 | +€379,840 | +81.2% |
| Amounts payable after more than one year | 17 | €83,721 | €91,063 | +€7,343 | +8.8% |
| Financial debts | 170/4 | €83,721 | €91,063 | +€7,343 | +8.8% |
| Amounts payable within one year | 42/48 | €384,134 | €752,708 | +€368,574 | +95.9% |
| Current portion of amounts payable after more than one year | 42 | €38,791 | €82,449 | +€43,658 | +113% |
| Financial debts | 43 | - | €26,909 | +€26,909 | |
| Credit institutions | 430/8 | - | €26,909 | +€26,909 | |
| Trade debts | 44 | €16,391 | €66,983 | +€50,592 | +309% |
| Suppliers | 440/4 | €16,391 | €66,983 | +€50,592 | +309% |
| Taxes, remuneration and social security | 45 | €2,222 | €35,099 | +€32,877 | +1,479% |
| Taxes | 450/3 | €2,222 | €22,377 | +€20,155 | +907% |
| Remuneration and social security | 454/9 | - | €12,722 | +€12,722 | |
| Other amounts payable | 47/48 | €326,731 | €541,268 | +€214,537 | +65.7% |
| Accrued charges and deferred income | 492/3 | - | €3,924 | +€3,924 | |
| Remuneration, social security and pensions | 62 | - | €190,592 | +€190,592 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,093 | €118,670 | +€114,577 | +2,799% |
| Other operating charges | 640/8 | €1,569 | €22,654 | +€21,085 | +1,344% |
| Gross operating margin | 9900 | -€24,110 | €338,665 | +€362,776 | |
| Operating profit (loss) | 9901 | -€29,772 | €6,750 | +€36,522 | |
| Financial income | 75/76B | €0 | €4 | +€3 | +2,287% |
| Recurring financial income | 75 | €0 | €4 | +€3 | +2,287% |
| Financial charges | 65/66B | €6,140 | €22,523 | +€16,383 | +267% |
| Recurring financial charges | 65 | €6,140 | €22,523 | +€16,383 | +267% |
| Profit (loss) for the period before taxes | 9903 | -€35,912 | -€15,770 | +€20,142 | +56.1% |
| Income taxes | 67/77 | €17 | -€19 | -€36 | |
| Profit (loss) for the period | 9904 | -€35,929 | -€15,751 | +€20,178 | +56.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,929 | -€15,751 | +€20,178 | +56.2% |
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 17 October 2026 via checked.be.