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HOOGSTUD: what changed

Two fiscal 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.

What changed

HOOGSTUD

BE 0567.777.424
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€224,187
2023 · -€158,473-€65,714
Equity
-€492,562
2023 · -€268,375-€224,187
Cash
€2,657
2023 · €1,311+€1,346
Balance sheet total
€2.9m
2023 · €2.8m+€85,514

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets +€84,263

    up €84,263 (+3.0%), from €2.8m to €2.9m

Equity and liabilities
  • Profit (loss) carried forward -€224,187

    down €224,187 (-70.4%), from -€318,375 to -€542,562

  • Current portion of long-term debt +€154,274

    up €154,274 (+8.9%), from €1.7m to €1.9m

  • Other debts +€151,801

    up €151,801 (+11.5%), from €1.3m to €1.5m

Income statement
  • Financial charges +€33,912

    up €33,912 (+27.7%), from €122,641 to €156,552

  • Other operating charges +€29,943

    up €29,943 (+785.0%), from €3,814 to €33,758

  • Depreciation +€2,120

    up €2,120 (+9.7%), from €21,922 to €24,042

  • Gross operating margin +€253

    up €253 (+2.5%), from -€10,099 to -€9,846

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€158,473
Gross operating margin +€253
Depreciation -€2,120
Other operating charges -€29,943
Financial income +€8
Financial charges -€33,912
Result 2024 -€224,187

Cash bridge derived

cash 2023 to 2024

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.

From operations -€37,407
Investment -€108,304
Financing +€147,057
Cash 2023 €1,311
Net result for the year -€224,187
Depreciation +€24,042
Smaller working-capital items +€418
Trade debts +€10,520
Other debts +€151,801
Investment in fixed assets (net) -€108,304
Current portion of long-term debt +€154,274
Short-term financial debts -€7,217
Cash 2024 €2,657
Every line side by side 33 lines
Line Code 2023 2024 Change %
Total assets 20/58 €2,811,592 €2,897,106 +€85,514 +3.0%
Fixed assets 21/28 €2,808,507 €2,892,770 +€84,263 +3.0%
Tangible fixed assets 22/27 €2,808,507 €2,892,770 +€84,263 +3.0%
Land and buildings 22 €2,808,507 €2,892,770 +€84,263 +3.0%
Current assets 29/58 €3,085 €4,336 +€1,251 +40.6%
Amounts receivable within one year 40/41 €316 - -€316
Other amounts receivable 41 €316 - -€316
Cash at bank and in hand 54/58 €1,311 €2,657 +€1,346 +102.6%
Deferred charges and accrued income 490/1 €1,458 €1,679 +€222 +15.2%
Total equity and liabilities 10/49 €2,811,592 €2,897,106 +€85,514 +3.0%
Equity 10/15 -€268,375 -€492,562 -€224,187 -83.5%
Contributions 10/11 €50,000 €50,000 = 0.0%
Profit (loss) carried forward 14 -€318,375 -€542,562 -€224,187 -70.4%
Amounts payable 17/49 €3,079,967 €3,389,668 +€309,701 +10.1%
Amounts payable within one year 42/48 €3,079,967 €3,389,344 +€309,377 +10.0%
Current portion of amounts payable after more than one year 42 €1,728,000 €1,882,274 +€154,274 +8.9%
Financial debts 43 €7,217 - -€7,217
Credit institutions 430/8 €7,217 - -€7,217
Trade debts 44 €20,813 €31,332 +€10,520 +50.5%
Suppliers 440/4 €20,813 €31,332 +€10,520 +50.5%
Other amounts payable 47/48 €1,323,937 €1,475,738 +€151,801 +11.5%
Accrued charges and deferred income 492/3 - €324 +€324
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €21,922 €24,042 +€2,120 +9.7%
Other operating charges 640/8 €3,814 €33,758 +€29,943 +785.0%
Gross operating margin 9900 -€10,099 -€9,846 +€253 +2.5%
Operating profit (loss) 9901 -€35,835 -€67,645 -€31,810 -88.8%
Financial income 75/76B €3 €11 +€8 +231.8%
Recurring financial income 75 €3 €11 +€8 +231.8%
Financial charges 65/66B €122,641 €156,552 +€33,912 +27.7%
Recurring financial charges 65 €122,641 €156,552 +€33,912 +27.7%
Profit (loss) for the period before taxes 9903 -€158,473 -€224,187 -€65,714 -41.5%
Profit (loss) for the period 9904 -€158,473 -€224,187 -€65,714 -41.5%
Profit (loss) for the period to be appropriated 9905 -€158,473 -€224,187 -€65,714 -41.5%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.