Hoogtij: 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.
Hoogtij
Largest movements
- Tangible fixed assets -€9,011
down €9,011 (-4.4%), from €205,599 to €196,588
of which Other tangible fixed assets: -€9,220
- Receivables within one year -€8,434
down €8,434 (-81.7%), from €10,320 to €1,885
of which Other amounts receivable: -€7,432
- Cash +€6,724
up €6,724 (+38.9%), from €17,306 to €24,030
mainly Depreciation (+€24,442) and Receivables within one year (+€8,434)
- Other debts -€19,163
down €19,163 (-7.7%), from €249,876 to €230,713
- Profit (loss) carried forward +€6,877
up €6,877 (+19.0%), from -€36,234 to -€29,356
- Gross operating margin +€8,200
up €8,200 (+34.2%), from €23,952 to €32,153
- Depreciation +€2,422
up €2,422 (+11.0%), from €22,019 to €24,442
- Other operating charges +€341
up €341 (+65.3%), from €523 to €864
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 | €236,374 | €224,727 | -€11,647 | -4.9% |
| Fixed assets | 21/28 | €207,708 | €197,984 | -€9,724 | -4.7% |
| Intangible fixed assets | 21 | €2,110 | €1,396 | -€714 | -33.8% |
| Tangible fixed assets | 22/27 | €205,599 | €196,588 | -€9,011 | -4.4% |
| Plant, machinery and equipment | 23 | €58,265 | €58,396 | +€132 | +0.2% |
| Furniture and vehicles | 24 | €16,317 | €16,395 | +€77 | +0.5% |
| Other tangible fixed assets | 26 | €131,016 | €121,797 | -€9,220 | -7.0% |
| Current assets | 29/58 | €28,666 | €26,743 | -€1,923 | -6.7% |
| Stocks and contracts in progress | 3 | €557 | €433 | -€124 | -22.3% |
| Stocks | 30/36 | €557 | €433 | -€124 | -22.3% |
| Amounts receivable within one year | 40/41 | €10,320 | €1,885 | -€8,434 | -81.7% |
| Trade receivables | 40 | €2,448 | €1,445 | -€1,003 | -41.0% |
| Other amounts receivable | 41 | €7,872 | €440 | -€7,432 | -94.4% |
| Cash at bank and in hand | 54/58 | €17,306 | €24,030 | +€6,724 | +38.9% |
| Deferred charges and accrued income | 490/1 | €483 | €394 | -€89 | -18.4% |
| Total equity and liabilities | 10/49 | €236,374 | €224,727 | -€11,647 | -4.9% |
| Equity | 10/15 | -€16,234 | -€9,356 | +€6,877 | +42.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Share premium | 1100/10 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,234 | -€29,356 | +€6,877 | +19.0% |
| Amounts payable | 17/49 | €252,607 | €234,083 | -€18,524 | -7.3% |
| Amounts payable within one year | 42/48 | €251,622 | €234,083 | -€17,539 | -7.0% |
| Trade debts | 44 | €1,588 | €3,323 | +€1,735 | +109.2% |
| Suppliers | 440/4 | €1,588 | €3,323 | +€1,735 | +109.2% |
| Taxes, remuneration and social security | 45 | €159 | €47 | -€112 | -70.6% |
| Taxes | 450/3 | €159 | €47 | -€112 | -70.6% |
| Other amounts payable | 47/48 | €249,876 | €230,713 | -€19,163 | -7.7% |
| Accrued charges and deferred income | 492/3 | €985 | - | -€985 | |
| Remuneration, social security and pensions | 62 | €5 | - | -€5 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,019 | €24,442 | +€2,422 | +11.0% |
| Other operating charges | 640/8 | €523 | €864 | +€341 | +65.3% |
| Gross operating margin | 9900 | €23,952 | €32,153 | +€8,200 | +34.2% |
| Operating profit (loss) | 9901 | €1,405 | €6,847 | +€5,442 | +387.3% |
| Financial income | 75/76B | €294 | €273 | -€21 | -7.0% |
| Recurring financial income | 75 | €294 | €273 | -€21 | -7.0% |
| Financial charges | 65/66B | €59 | €243 | +€184 | +308.7% |
| Recurring financial charges | 65 | €59 | €243 | +€184 | +308.7% |
| Profit (loss) for the period before taxes | 9903 | €1,639 | €6,877 | +€5,238 | +319.5% |
| Profit (loss) for the period | 9904 | €1,639 | €6,877 | +€5,238 | +319.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,639 | €6,877 | +€5,238 | +319.5% |
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 10 October 2026 via checked.be.