D'HOKER: 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.
D'HOKER
Largest movements
- Cash -€1,961
no longer reported in 2025 (was €1,961)
mainly Current portion of long-term debt (-€4,951) and Net result for the year (-€3,503)
- Tangible fixed assets -€1,678
down €1,678 (-30.4%), from €5,512 to €3,834
of which Land and buildings: -€1,183
- Current portion of long-term debt -€4,951
down €4,951 (-80.6%), from €6,140 to €1,189
- Other debts +€4,105
up €4,105 (+5.5%), from €75,174 to €79,279
- Profit (loss) carried forward -€3,503
down €3,503 (-2.7%), from -€130,174 to -€133,677
- Trade debts +€701
up €701 (+57.3%), from €1,224 to €1,925
- Financial charges -€2,263
down €2,263 (-88.7%), from €2,550 to €287
- Depreciation -€1,877
down €1,877 (-52.8%), from €3,555 to €1,678
- Other operating charges -€166
down €166 (-26.3%), from €631 to €465
- Gross operating margin -€160
down €160 (-17.5%), from -€913 to -€1,072
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.
Derived cash bridge
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 | €7,473 | €3,834 | -€3,639 | -48.7% |
| Fixed assets | 21/28 | €5,512 | €3,834 | -€1,678 | -30.4% |
| Tangible fixed assets | 22/27 | €5,512 | €3,834 | -€1,678 | -30.4% |
| Land and buildings | 22 | €4,730 | €3,548 | -€1,183 | -25.0% |
| Plant, machinery and equipment | 23 | €782 | €286 | -€495 | -63.4% |
| Current assets | 29/58 | €1,961 | - | -€1,961 | |
| Cash at bank and in hand | 54/58 | €1,961 | - | -€1,961 | |
| Total equity and liabilities | 10/49 | €7,473 | €3,834 | -€3,639 | -48.7% |
| Equity | 10/15 | -€75,065 | -€78,568 | -€3,503 | -4.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €36,509 | €36,509 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €34,649 | €34,649 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€130,174 | -€133,677 | -€3,503 | -2.7% |
| Amounts payable | 17/49 | €82,538 | €82,402 | -€136 | -0.2% |
| Amounts payable within one year | 42/48 | €82,538 | €82,402 | -€136 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €6,140 | €1,189 | -€4,951 | -80.6% |
| Financial debts | 43 | - | €9 | +€9 | |
| Credit institutions | 430/8 | - | €9 | +€9 | |
| Trade debts | 44 | €1,224 | €1,925 | +€701 | +57.3% |
| Suppliers | 440/4 | €1,224 | €1,925 | +€701 | +57.3% |
| Other amounts payable | 47/48 | €75,174 | €79,279 | +€4,105 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,555 | €1,678 | -€1,877 | -52.8% |
| Other operating charges | 640/8 | €631 | €465 | -€166 | -26.3% |
| Gross operating margin | 9900 | -€913 | -€1,072 | -€160 | -17.5% |
| Operating profit (loss) | 9901 | -€5,099 | -€3,216 | +€1,883 | +36.9% |
| Financial charges | 65/66B | €2,550 | €287 | -€2,263 | -88.7% |
| Recurring financial charges | 65 | €2,550 | €287 | -€2,263 | -88.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,649 | -€3,503 | +€4,146 | +54.2% |
| Profit (loss) for the period | 9904 | -€7,649 | -€3,503 | +€4,146 | +54.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,649 | -€3,503 | +€4,146 | +54.2% |
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 15 October 2026 via checked.be.