REDERIJ HOLLEBEKE: what changed
REDERIJ HOLLEBEKE
Largest movements
- Tangible fixed assets -€263,003
down €263,003 (-91.4%), from €287,828 to €24,825
of which Furniture and vehicles: -€257,143
- Cash +€230,559
up €230,559, from €0 to €230,559
mainly Investment in fixed assets (net) (+€323,544) and Net result for the year (+€109,454)
- Intangible fixed assets -€69,750
down €69,750 (-100%), from €69,750 to €0
- Receivables within one year +€24,232
up €24,232 (+437%), from €5,545 to €29,777
of which Other amounts receivable: +€20,289
- Reserves +€109,454
up €109,454 (+191%), from €57,310 to €166,763
- Current portion of long-term debt -€104,106
down €104,106 (-100%), from €104,106 to €0
- Short-term financial debts -€31,369
down €31,369 (-100%), from €31,369 to €0
- Trade debts -€29,615
down €29,615 (-81.8%), from €36,216 to €6,601
- Other debts -€24,078
down €24,078 (-85.9%), from €28,021 to €3,943
- Depreciation -€39,553
down €39,553 (-81.1%), from €48,762 to €9,209
- Taxes +€24,578
up €24,578 (+429%), from €5,731 to €30,309
- Gross operating margin +€22,044
up €22,044 (+16.8%), from €131,210 to €153,254
- Financial charges -€6,748
down €6,748 (-72.1%), from €9,363 to €2,615
- Staff costs -€5,156
down €5,156 (-91.0%), from €5,667 to €510
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €367,358 | €288,347 | -€79,011 | -21.5% |
| Fixed assets | 21/28 | €360,646 | €27,892 | -€332,753 | -92.3% |
| Intangible fixed assets | 21 | €69,750 | €0 | -€69,750 | -100% |
| Tangible fixed assets | 22/27 | €287,828 | €24,825 | -€263,003 | -91.4% |
| Plant, machinery and equipment | 23 | €14,237 | €8,377 | -€5,860 | -41.2% |
| Furniture and vehicles | 24 | €273,591 | €16,448 | -€257,143 | -94.0% |
| Financial fixed assets | 28 | €3,068 | €3,068 | = | 0.0% |
| Current assets | 29/58 | €6,713 | €260,455 | +€253,742 | +3,780% |
| Amounts receivable within one year | 40/41 | €5,545 | €29,777 | +€24,232 | +437% |
| Trade receivables | 40 | €3,500 | €7,443 | +€3,943 | +113% |
| Other amounts receivable | 41 | €2,045 | €22,334 | +€20,289 | +992% |
| Cash at bank and in hand | 54/58 | €0 | €230,559 | +€230,559 | |
| Deferred charges and accrued income | 490/1 | €1,168 | €119 | -€1,049 | -89.8% |
| Total equity and liabilities | 10/49 | €367,358 | €288,347 | -€79,011 | -21.5% |
| Equity | 10/15 | €157,310 | €266,763 | +€109,454 | +69.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €57,310 | €166,763 | +€109,454 | +191% |
| Distributable reserves | 133 | €57,310 | €166,763 | +€109,454 | +191% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €210,049 | €21,584 | -€188,465 | -89.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €208,988 | €21,584 | -€187,404 | -89.7% |
| Current portion of amounts payable after more than one year | 42 | €104,106 | €0 | -€104,106 | -100% |
| Financial debts | 43 | €31,369 | €0 | -€31,369 | -100% |
| Credit institutions | 430/8 | €31,369 | €0 | -€31,369 | -100% |
| Trade debts | 44 | €36,216 | €6,601 | -€29,615 | -81.8% |
| Suppliers | 440/4 | €36,216 | €6,601 | -€29,615 | -81.8% |
| Advances received on contracts in progress | 46 | €3,500 | €0 | -€3,500 | -100% |
| Taxes, remuneration and social security | 45 | €5,777 | €11,040 | +€5,263 | +91.1% |
| Taxes | 450/3 | €5,731 | €11,040 | +€5,309 | +92.6% |
| Remuneration and social security | 454/9 | €46 | €0 | -€46 | -100% |
| Other amounts payable | 47/48 | €28,021 | €3,943 | -€24,078 | -85.9% |
| Accrued charges and deferred income | 492/3 | €1,060 | €0 | -€1,060 | -100% |
| Non-recurring operating income | 76A | €0 | €172,756 | +€172,756 | |
| Remuneration, social security and pensions | 62 | €5,667 | €510 | -€5,156 | -91.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,762 | €9,209 | -€39,553 | -81.1% |
| Other operating charges | 640/8 | €1,031 | €1,157 | +€126 | +12.2% |
| Gross operating margin | 9900 | €131,210 | €153,254 | +€22,044 | +16.8% |
| Operating profit (loss) | 9901 | €75,750 | €142,378 | +€66,627 | +88.0% |
| Financial income | 75/76B | €14 | €0 | -€14 | -100% |
| Recurring financial income | 75 | €14 | €0 | -€14 | -100% |
| Financial charges | 65/66B | €9,363 | €2,615 | -€6,748 | -72.1% |
| Recurring financial charges | 65 | €9,363 | €2,615 | -€6,748 | -72.1% |
| Profit (loss) for the period before taxes | 9903 | €66,402 | €139,763 | +€73,361 | +110% |
| Income taxes | 67/77 | €5,731 | €30,309 | +€24,578 | +429% |
| Profit (loss) for the period | 9904 | €60,671 | €109,454 | +€48,783 | +80.4% |
| Profit (loss) for the period to be appropriated | 9905 | €60,671 | €109,454 | +€48,783 | +80.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.