HOOGLAND: 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.
HOOGLAND
Largest movements
- Current investments +€109,995
up €109,995 (+21.4%), from €513,015 to €623,009
- Cash -€80,811
down €80,811 (-17.9%), from €451,842 to €371,031
mainly Contributions, distributions and other (-€514,893) and Current investments (-€109,995)
- Receivables within one year -€46,022
down €46,022 (-99.5%), from €46,240 to €218
of which Trade receivables: -€46,208
- Tangible fixed assets -€19,509
down €19,509 (-2.1%), from €907,664 to €888,155
of which Land and buildings: -€21,354
- Other debts +€296,830
up €296,830 (+108.7%), from €273,003 to €569,833
- Reserves -€238,983
down €238,983 (-22.3%), from €1.1m to €830,330
of which Distributable reserves: -€238,983
- Debts after one year -€64,549
down €64,549 (-14.0%), from €460,152 to €395,603
- Tax, wage and social debts -€29,496
down €29,496 (-61.9%), from €47,631 to €18,134
of which Taxes: -€28,754
- Gross operating margin +€39,657
up €39,657 (+8.9%), from €445,280 to €484,937
- Financial income -€20,669
down €20,669 (-62.5%), from €33,081 to €12,411
- Financial charges +€11,194
up €11,194 (+2577.1%), from €434 to €11,628
- Taxes -€6,568
down €6,568 (-5.0%), from €132,381 to €125,813
- Other operating charges +€6,541
up €6,541 (+127.3%), from €5,139 to €11,680
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.
Cash bridge derived
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 | €1,923,040 | €1,884,394 | -€38,646 | -2.0% |
| Fixed assets | 21/28 | €907,664 | €888,155 | -€19,509 | -2.1% |
| Tangible fixed assets | 22/27 | €907,664 | €888,155 | -€19,509 | -2.1% |
| Land and buildings | 22 | €877,570 | €856,216 | -€21,354 | -2.4% |
| Plant, machinery and equipment | 23 | €23,655 | €27,502 | +€3,847 | +16.3% |
| Furniture and vehicles | 24 | €6,439 | €4,437 | -€2,002 | -31.1% |
| Current assets | 29/58 | €1,015,376 | €996,239 | -€19,137 | -1.9% |
| Amounts receivable within one year | 40/41 | €46,240 | €218 | -€46,022 | -99.5% |
| Trade receivables | 40 | €46,208 | - | -€46,208 | |
| Other amounts receivable | 41 | €32 | €218 | +€187 | +591.1% |
| Current investments | 50/53 | €513,015 | €623,009 | +€109,995 | +21.4% |
| Cash at bank and in hand | 54/58 | €451,842 | €371,031 | -€80,811 | -17.9% |
| Deferred charges and accrued income | 490/1 | €4,280 | €1,980 | -€2,300 | -53.7% |
| Total equity and liabilities | 10/49 | €1,923,040 | €1,884,394 | -€38,646 | -2.0% |
| Equity | 10/15 | €1,074,921 | €835,938 | -€238,983 | -22.2% |
| Contributions | 10/11 | €5,608 | €5,608 | = | 0.0% |
| Contributions outside capital | 11 | €5,608 | €5,608 | = | 0.0% |
| Other | 1109/19 | €5,608 | €5,608 | = | 0.0% |
| Reserves | 13 | €1,069,313 | €830,330 | -€238,983 | -22.3% |
| Non-distributable reserves | 130/1 | €1,683 | €1,683 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,683 | €1,683 | = | 0.0% |
| Distributable reserves | 133 | €1,067,630 | €828,647 | -€238,983 | -22.4% |
| Amounts payable | 17/49 | €848,118 | €1,048,456 | +€200,337 | +23.6% |
| Amounts payable after more than one year | 17 | €460,152 | €395,603 | -€64,549 | -14.0% |
| Financial debts | 170/4 | €460,152 | €395,603 | -€64,549 | -14.0% |
| Amounts payable within one year | 42/48 | €387,967 | €652,853 | +€264,886 | +68.3% |
| Current portion of amounts payable after more than one year | 42 | €66,736 | €64,549 | -€2,187 | -3.3% |
| Trade debts | 44 | €597 | €336 | -€261 | -43.6% |
| Suppliers | 440/4 | €597 | €336 | -€261 | -43.6% |
| Taxes, remuneration and social security | 45 | €47,631 | €18,134 | -€29,496 | -61.9% |
| Taxes | 450/3 | €46,889 | €18,134 | -€28,754 | -61.3% |
| Remuneration and social security | 454/9 | €742 | - | -€742 | |
| Other amounts payable | 47/48 | €273,003 | €569,833 | +€296,830 | +108.7% |
| Remuneration, social security and pensions | 62 | €87 | - | -€87 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,338 | €39,161 | +€823 | +2.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,956 | +€2,956 | |
| Other operating charges | 640/8 | €5,139 | €11,680 | +€6,541 | +127.3% |
| Non-recurring operating charges | 66A | - | €30,200 | +€30,200 | |
| Gross operating margin | 9900 | €445,280 | €484,937 | +€39,657 | +8.9% |
| Operating profit (loss) | 9901 | €401,716 | €400,940 | -€775 | -0.2% |
| Financial income | 75/76B | €33,081 | €12,411 | -€20,669 | -62.5% |
| Recurring financial income | 75 | €33,081 | €12,411 | -€20,669 | -62.5% |
| Financial charges | 65/66B | €434 | €11,628 | +€11,194 | +2577.1% |
| Recurring financial charges | 65 | €434 | €11,628 | +€11,194 | +2577.1% |
| Profit (loss) for the period before taxes | 9903 | €434,362 | €401,724 | -€32,639 | -7.5% |
| Income taxes | 67/77 | €132,381 | €125,813 | -€6,568 | -5.0% |
| Profit (loss) for the period | 9904 | €301,981 | €275,910 | -€26,070 | -8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €301,981 | €275,910 | -€26,070 | -8.6% |
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 12 October 2026 via checked.be.