HOPPENBROUWERS: what changed
HOPPENBROUWERS
Largest movements
- Tangible fixed assets +€62,313
up €62,313 (+8.9%), from €698,881 to €761,194
of which Furniture and vehicles: +€145,234
- Cash +€44,946
up €44,946 (+121%), from €37,074 to €82,020
mainly Debts after one year (+€391,128) and Depreciation (+€118,124)
- Receivables within one year +€38,051
up €38,051 (+18.0%), from €211,609 to €249,661
of which Trade receivables: +€20,607
- Stocks and contracts +€13,870
up €13,870 (+12.2%), from €113,884 to €127,754
- Debts after one year +€391,128
up €391,128 (+4,753%), from €8,229 to €399,357
- Other debts -€253,725
down €253,725 (-61.7%), from €411,110 to €157,385
- Current portion of long-term debt -€29,444
down €29,444 (-36.2%), from €81,274 to €51,830
- Reserves +€26,200
up €26,200 (+17.2%), from €152,697 to €178,897
of which Distributable reserves: +€26,200
- Trade debts +€23,662
up €23,662 (+8.4%), from €280,713 to €304,375
- Gross operating margin +€37,734
up €37,734 (+12.1%), from €312,694 to €350,428
- Staff costs +€13,175
up €13,175 (+9.4%), from €140,132 to €153,308
- Financial charges +€4,462
up €4,462 (+62.3%), from €7,159 to €11,621
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,061,448 | €1,220,630 | +€159,182 | +15.0% |
| Fixed assets | 21/28 | €698,881 | €761,194 | +€62,313 | +8.9% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €698,881 | €761,194 | +€62,313 | +8.9% |
| Land and buildings | 22 | €657,551 | €576,600 | -€80,952 | -12.3% |
| Plant, machinery and equipment | 23 | €4,279 | €2,310 | -€1,969 | -46.0% |
| Furniture and vehicles | 24 | €37,051 | €182,285 | +€145,234 | +392% |
| Current assets | 29/58 | €362,567 | €459,435 | +€96,868 | +26.7% |
| Stocks and contracts in progress | 3 | €113,884 | €127,754 | +€13,870 | +12.2% |
| Stocks | 30/36 | €113,884 | €127,754 | +€13,870 | +12.2% |
| Amounts receivable within one year | 40/41 | €211,609 | €249,661 | +€38,051 | +18.0% |
| Trade receivables | 40 | €208,754 | €229,361 | +€20,607 | +9.9% |
| Other amounts receivable | 41 | €2,855 | €20,299 | +€17,444 | +611% |
| Cash at bank and in hand | 54/58 | €37,074 | €82,020 | +€44,946 | +121% |
| Total equity and liabilities | 10/49 | €1,061,448 | €1,220,630 | +€159,182 | +15.0% |
| Equity | 10/15 | €250,502 | €276,754 | +€26,252 | +10.5% |
| Contributions | 10/11 | €33,000 | €33,000 | = | 0.0% |
| Contributions outside capital | 11 | €33,000 | €33,000 | = | 0.0% |
| Other | 1109/19 | €33,000 | €33,000 | = | 0.0% |
| Reserves | 13 | €152,697 | €178,897 | +€26,200 | +17.2% |
| Tax-exempt reserves | 132 | €11,534 | €11,534 | = | 0.0% |
| Distributable reserves | 133 | €141,163 | €167,363 | +€26,200 | +18.6% |
| Profit (loss) carried forward | 14 | €64,804 | €64,856 | +€52 | +0.1% |
| Amounts payable | 17/49 | €810,946 | €943,876 | +€132,930 | +16.4% |
| Amounts payable after more than one year | 17 | €8,229 | €399,357 | +€391,128 | +4,753% |
| Financial debts | 170/4 | €8,229 | €399,357 | +€391,128 | +4,753% |
| Amounts payable within one year | 42/48 | €792,749 | €536,804 | -€255,945 | -32.3% |
| Current portion of amounts payable after more than one year | 42 | €81,274 | €51,830 | -€29,444 | -36.2% |
| Trade debts | 44 | €280,713 | €304,375 | +€23,662 | +8.4% |
| Suppliers | 440/4 | €280,713 | €304,375 | +€23,662 | +8.4% |
| Taxes, remuneration and social security | 45 | €19,651 | €23,214 | +€3,563 | +18.1% |
| Remuneration and social security | 454/9 | €19,651 | €23,214 | +€3,563 | +18.1% |
| Other amounts payable | 47/48 | €411,110 | €157,385 | -€253,725 | -61.7% |
| Accrued charges and deferred income | 492/3 | €9,968 | €7,715 | -€2,253 | -22.6% |
| Remuneration, social security and pensions | 62 | €140,132 | €153,308 | +€13,175 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,568 | €118,124 | +€2,556 | +2.2% |
| Other operating charges | 640/8 | €16,393 | €16,705 | +€312 | +1.9% |
| Gross operating margin | 9900 | €312,694 | €350,428 | +€37,734 | +12.1% |
| Operating profit (loss) | 9901 | €40,601 | €62,292 | +€21,691 | +53.4% |
| Financial income | 75/76B | €2 | €44 | +€41 | +1,935% |
| Recurring financial income | 75 | €2 | €44 | +€41 | +1,935% |
| Financial charges | 65/66B | €7,159 | €11,621 | +€4,462 | +62.3% |
| Recurring financial charges | 65 | €7,159 | €11,621 | +€4,462 | +62.3% |
| Profit (loss) for the period before taxes | 9903 | €33,445 | €50,715 | +€17,270 | +51.6% |
| Income taxes | 67/77 | €3,050 | €4,463 | +€1,413 | +46.3% |
| Profit (loss) for the period | 9904 | €30,395 | €46,252 | +€15,857 | +52.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,395 | €46,252 | +€15,857 | +52.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.