HOPE RANCH B.: 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.
HOPE RANCH B.
Largest movements
- Cash +€42,883
up €42,883 (+232.0%), from €18,484 to €61,368
mainly Tax, wage and social debts (+€37,406) and Receivables within one year (+€33,045)
- Receivables within one year -€33,045
down €33,045 (-43.5%), from €75,931 to €42,886
of which Trade receivables: -€51,692
- Tangible fixed assets +€26,036
up €26,036 (+93.6%), from €27,805 to €53,841
- Tax, wage and social debts +€37,406
up €37,406 (+69.3%), from €53,971 to €91,377
of which Taxes: +€28,911
- Trade debts -€3,352
down €3,352 (-68.1%), from €4,921 to €1,568
- Staff costs +€33,516
up €33,516 (+21.9%), from €153,081 to €186,596
- Taxes -€12,030
no longer reported in 2025 (was €12,030)
- Depreciation +€8,898
up €8,898 (+152.2%), from €5,846 to €14,744
- Gross operating margin -€4,868
down €4,868 (-2.3%), from €208,119 to €203,250
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 | €123,466 | €158,094 | +€34,628 | +28.0% |
| Fixed assets | 21/28 | €27,805 | €53,841 | +€26,036 | +93.6% |
| Tangible fixed assets | 22/27 | €27,805 | €53,841 | +€26,036 | +93.6% |
| Furniture and vehicles | 24 | €27,805 | €53,841 | +€26,036 | +93.6% |
| Current assets | 29/58 | €95,661 | €104,253 | +€8,593 | +9.0% |
| Amounts receivable within one year | 40/41 | €75,931 | €42,886 | -€33,045 | -43.5% |
| Trade receivables | 40 | €61,224 | €9,532 | -€51,692 | -84.4% |
| Other amounts receivable | 41 | €14,707 | €33,354 | +€18,647 | +126.8% |
| Cash at bank and in hand | 54/58 | €18,484 | €61,368 | +€42,883 | +232.0% |
| Deferred charges and accrued income | 490/1 | €1,246 | - | -€1,246 | |
| Total equity and liabilities | 10/49 | €123,466 | €158,094 | +€34,628 | +28.0% |
| Equity | 10/15 | €59,726 | €60,301 | +€575 | +1.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,226 | €57,801 | +€575 | +1.0% |
| Amounts payable | 17/49 | €63,739 | €97,793 | +€34,053 | +53.4% |
| Amounts payable within one year | 42/48 | €63,739 | €97,793 | +€34,053 | +53.4% |
| Trade debts | 44 | €4,921 | €1,568 | -€3,352 | -68.1% |
| Suppliers | 440/4 | €4,921 | €1,568 | -€3,352 | -68.1% |
| Taxes, remuneration and social security | 45 | €53,971 | €91,377 | +€37,406 | +69.3% |
| Taxes | 450/3 | €47,968 | €76,880 | +€28,911 | +60.3% |
| Remuneration and social security | 454/9 | €6,003 | €14,497 | +€8,494 | +141.5% |
| Other amounts payable | 47/48 | €4,847 | €4,847 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €153,081 | €186,596 | +€33,516 | +21.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,846 | €14,744 | +€8,898 | +152.2% |
| Other operating charges | 640/8 | €499 | €1,034 | +€534 | +106.9% |
| Non-recurring operating charges | 66A | €350 | €68 | -€282 | -80.5% |
| Gross operating margin | 9900 | €208,119 | €203,250 | -€4,868 | -2.3% |
| Operating profit (loss) | 9901 | €48,343 | €809 | -€47,534 | -98.3% |
| Financial income | 75/76B | €1,098 | €0 | -€1,097 | -100.0% |
| Recurring financial income | 75 | €1,098 | €0 | -€1,097 | -100.0% |
| Financial charges | 65/66B | €1,547 | €234 | -€1,313 | -84.9% |
| Recurring financial charges | 65 | €1,547 | €234 | -€1,313 | -84.9% |
| Profit (loss) for the period before taxes | 9903 | €47,894 | €575 | -€47,319 | -98.8% |
| Income taxes | 67/77 | €12,030 | - | -€12,030 | |
| Profit (loss) for the period | 9904 | €35,864 | €575 | -€35,289 | -98.4% |
| Profit (loss) for the period to be appropriated | 9905 | €35,864 | €575 | -€35,289 | -98.4% |
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.