Hoogewegh: 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.
Hoogewegh
Largest movements
- Current investments -€82,511
down €82,511 (-40.2%), from €205,000 to €122,489
- Tangible fixed assets -€13,278
down €13,278 (-29.5%), from €45,078 to €31,800
of which Leasing and similar rights: -€12,728
- Cash -€8,321
down €8,321 (-29.9%), from €27,808 to €19,487
mainly Other debts (-€98,159) and Tax, wage and social debts (-€51,650)
- Other debts -€98,159
down €98,159 (-68.7%), from €142,781 to €44,622
- Reserves +€54,186
up €54,186 (+82.5%), from €65,682 to €119,868
- Tax, wage and social debts -€51,650
down €51,650 (-94.7%), from €54,550 to €2,900
- Debts after one year -€12,500
down €12,500 (-50.9%), from €24,574 to €12,073
- Gross operating margin -€13,433
down €13,433 (-12.6%), from €106,382 to €92,949
- Taxes -€4,667
down €4,667 (-19.0%), from €24,613 to €19,946
- Financial charges +€1,357
up €1,357 (+82.0%), from €1,655 to €3,012
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 | €304,659 | €198,122 | -€106,537 | -35.0% |
| Fixed assets | 21/28 | €45,078 | €31,800 | -€13,278 | -29.5% |
| Tangible fixed assets | 22/27 | €45,078 | €31,800 | -€13,278 | -29.5% |
| Furniture and vehicles | 24 | €9,753 | €9,203 | -€550 | -5.6% |
| Leasing and similar rights | 25 | €35,325 | €22,597 | -€12,728 | -36.0% |
| Current assets | 29/58 | €259,581 | €166,322 | -€93,259 | -35.9% |
| Amounts receivable within one year | 40/41 | €19,937 | €20,124 | +€188 | +0.9% |
| Trade receivables | 40 | €19,937 | €20,071 | +€134 | +0.7% |
| Other amounts receivable | 41 | - | €54 | +€54 | |
| Current investments | 50/53 | €205,000 | €122,489 | -€82,511 | -40.2% |
| Cash at bank and in hand | 54/58 | €27,808 | €19,487 | -€8,321 | -29.9% |
| Deferred charges and accrued income | 490/1 | €6,836 | €4,221 | -€2,615 | -38.3% |
| Total equity and liabilities | 10/49 | €304,659 | €198,122 | -€106,537 | -35.0% |
| Equity | 10/15 | €68,682 | €122,868 | +€54,186 | +78.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €65,682 | €119,868 | +€54,186 | +82.5% |
| Distributable reserves | 133 | €65,682 | €119,868 | +€54,186 | +82.5% |
| Amounts payable | 17/49 | €235,977 | €75,254 | -€160,723 | -68.1% |
| Amounts payable after more than one year | 17 | €24,574 | €12,073 | -€12,500 | -50.9% |
| Financial debts | 170/4 | €24,574 | €12,073 | -€12,500 | -50.9% |
| Amounts payable within one year | 42/48 | €211,404 | €61,596 | -€149,807 | -70.9% |
| Current portion of amounts payable after more than one year | 42 | €12,272 | €12,500 | +€229 | +1.9% |
| Trade debts | 44 | €1,801 | €1,575 | -€227 | -12.6% |
| Suppliers | 440/4 | €1,801 | €1,575 | -€227 | -12.6% |
| Taxes, remuneration and social security | 45 | €54,550 | €2,900 | -€51,650 | -94.7% |
| Taxes | 450/3 | €54,550 | €2,900 | -€51,650 | -94.7% |
| Other amounts payable | 47/48 | €142,781 | €44,622 | -€98,159 | -68.7% |
| Accrued charges and deferred income | 492/3 | - | €1,584 | +€1,584 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,658 | €14,354 | +€696 | +5.1% |
| Other operating charges | 640/8 | €1,247 | €1,466 | +€219 | +17.5% |
| Gross operating margin | 9900 | €106,382 | €92,949 | -€13,433 | -12.6% |
| Operating profit (loss) | 9901 | €91,477 | €77,130 | -€14,348 | -15.7% |
| Financial income | 75/76B | - | €15 | +€15 | |
| Recurring financial income | 75 | - | €15 | +€15 | |
| Financial charges | 65/66B | €1,655 | €3,012 | +€1,357 | +82.0% |
| Recurring financial charges | 65 | €1,655 | €3,012 | +€1,357 | +82.0% |
| Profit (loss) for the period before taxes | 9903 | €89,822 | €74,132 | -€15,690 | -17.5% |
| Income taxes | 67/77 | €24,613 | €19,946 | -€4,667 | -19.0% |
| Profit (loss) for the period | 9904 | €65,208 | €54,186 | -€11,022 | -16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €65,208 | €54,186 | -€11,022 | -16.9% |
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.