Group Hoff: what changed
Group Hoff
Largest movements
- Cash +€41,980
up €41,980 (+1,811%), from €2,318 to €44,298
mainly Net result for the year (+€63,382) and Trade debts (+€36,826)
- Receivables within one year +€32,750
up €32,750 (+25.2%), from €130,063 to €162,814
of which Trade receivables: +€44,933
- Tangible fixed assets -€20,542
down €20,542 (-4.2%), from €492,283 to €471,741
- Profit (loss) carried forward +€63,382
up €63,382 (+329%), from €19,279 to €82,662
- Debts after one year -€41,338
down €41,338 (-9.9%), from €417,867 to €376,529
- Trade debts +€36,826
up €36,826 (+61.0%), from €60,356 to €97,182
- Financial income +€75,073
up €75,073, from €0 to €75,073
- Gross operating margin +€29,681
up €29,681 (+39.0%), from €76,072 to €105,752
- Staff costs +€23,250
up €23,250 (+47.8%), from €48,689 to €71,939
- Financial charges -€4,707
down €4,707 (-19.2%), from €24,478 to €19,772
- Other operating charges +€3,435
up €3,435 (+196%), from €1,755 to €5,190
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 | €732,164 | €786,352 | +€54,188 | +7.4% |
| Fixed assets | 21/28 | €599,783 | €579,241 | -€20,542 | -3.4% |
| Tangible fixed assets | 22/27 | €492,283 | €471,741 | -€20,542 | -4.2% |
| Land and buildings | 22 | €492,283 | €471,741 | -€20,542 | -4.2% |
| Financial fixed assets | 28 | €107,500 | €107,500 | = | 0.0% |
| Current assets | 29/58 | €132,381 | €207,111 | +€74,730 | +56.5% |
| Amounts receivable within one year | 40/41 | €130,063 | €162,814 | +€32,750 | +25.2% |
| Trade receivables | 40 | €3,055 | €47,988 | +€44,933 | +1,471% |
| Other amounts receivable | 41 | €127,008 | €114,825 | -€12,183 | -9.6% |
| Cash at bank and in hand | 54/58 | €2,318 | €44,298 | +€41,980 | +1,811% |
| Total equity and liabilities | 10/49 | €732,164 | €786,352 | +€54,188 | +7.4% |
| Equity | 10/15 | €29,279 | €92,662 | +€63,382 | +216% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,279 | €82,662 | +€63,382 | +329% |
| Amounts payable | 17/49 | €702,885 | €693,691 | -€9,194 | -1.3% |
| Amounts payable after more than one year | 17 | €417,867 | €376,529 | -€41,338 | -9.9% |
| Financial debts | 170/4 | €417,867 | €376,529 | -€41,338 | -9.9% |
| Amounts payable within one year | 42/48 | €285,018 | €317,161 | +€32,143 | +11.3% |
| Current portion of amounts payable after more than one year | 42 | €40,949 | €41,338 | +€388 | +0.9% |
| Trade debts | 44 | €60,356 | €97,182 | +€36,826 | +61.0% |
| Suppliers | 440/4 | €60,356 | €97,182 | +€36,826 | +61.0% |
| Taxes, remuneration and social security | 45 | €14,085 | €10,216 | -€3,869 | -27.5% |
| Taxes | 450/3 | €1,728 | €1,684 | -€44 | -2.5% |
| Remuneration and social security | 454/9 | €12,357 | €8,532 | -€3,825 | -31.0% |
| Other amounts payable | 47/48 | €169,627 | €168,425 | -€1,202 | -0.7% |
| Remuneration, social security and pensions | 62 | €48,689 | €71,939 | +€23,250 | +47.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,542 | €20,542 | = | 0.0% |
| Other operating charges | 640/8 | €1,755 | €5,190 | +€3,435 | +196% |
| Gross operating margin | 9900 | €76,072 | €105,752 | +€29,681 | +39.0% |
| Operating profit (loss) | 9901 | €5,085 | €8,081 | +€2,996 | +58.9% |
| Financial income | 75/76B | €0 | €75,073 | +€75,073 | |
| Recurring financial income | 75 | €0 | €75,073 | +€75,073 | |
| Financial charges | 65/66B | €24,478 | €19,772 | -€4,707 | -19.2% |
| Recurring financial charges | 65 | €24,478 | €19,772 | -€4,707 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | -€19,393 | €63,382 | +€82,776 | |
| Income taxes | 67/77 | €284 | €0 | -€284 | -100% |
| Profit (loss) for the period | 9904 | -€19,677 | €63,382 | +€83,059 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,677 | €63,382 | +€83,059 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.