HadHof Services: 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.
HadHof Services
Largest movements
- Tangible fixed assets +€57,979
up €57,979 (+337%), from €17,214 to €75,193
of which Furniture and vehicles: +€49,741
- Receivables within one year -€38,434
down €38,434 (-45.4%), from €84,700 to €46,266
of which Trade receivables: -€48,400
- Cash +€34,810
up €34,810 (+352%), from €9,878 to €44,688
mainly Receivables within one year (+€38,434) and Debts after one year (+€29,836)
- Intangible fixed assets -€10,000
down €10,000 (-28.6%), from €34,959 to €24,959
- Deferred charges and accrued income +€2,067
up €2,067 (+200%), from €1,036 to €3,103
- Debts after one year +€29,836
up €29,836 (+223%), from €13,392 to €43,228
- Other debts +€7,751
up €7,751 (+11.6%), from €66,688 to €74,439
- Reserves +€6,901
up €6,901 (+15.5%), from €44,412 to €51,313
of which Distributable reserves: +€6,901
- Current portion of long-term debt +€3,518
up €3,518 (+47.3%), from €7,437 to €10,955
- Tax, wage and social debts -€3,340
down €3,340 (-21.7%), from €15,415 to €12,075
- Financial charges +€24,737
up €24,737 (+2,496%), from €991 to €25,728
- Taxes -€10,779
down €10,779 (-72.6%), from €14,846 to €4,067
- Depreciation +€7,618
up €7,618 (+57.8%), from €13,172 to €20,790
- Gross operating margin +€886
up €886 (+1.6%), from €56,999 to €57,885
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 | €147,787 | €194,208 | +€46,421 | +31.4% |
| Fixed assets | 21/28 | €52,173 | €100,152 | +€47,979 | +92.0% |
| Intangible fixed assets | 21 | €34,959 | €24,959 | -€10,000 | -28.6% |
| Tangible fixed assets | 22/27 | €17,214 | €75,193 | +€57,979 | +337% |
| Plant, machinery and equipment | 23 | - | €8,237 | +€8,237 | |
| Furniture and vehicles | 24 | €17,214 | €66,955 | +€49,741 | +289% |
| Current assets | 29/58 | €95,614 | €94,057 | -€1,557 | -1.6% |
| Amounts receivable within one year | 40/41 | €84,700 | €46,266 | -€38,434 | -45.4% |
| Trade receivables | 40 | €84,700 | €36,300 | -€48,400 | -57.1% |
| Other amounts receivable | 41 | - | €9,966 | +€9,966 | |
| Cash at bank and in hand | 54/58 | €9,878 | €44,688 | +€34,810 | +352% |
| Deferred charges and accrued income | 490/1 | €1,036 | €3,103 | +€2,067 | +200% |
| Total equity and liabilities | 10/49 | €147,787 | €194,208 | +€46,421 | +31.4% |
| Equity | 10/15 | €43,139 | €50,040 | +€6,901 | +16.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €44,412 | €51,313 | +€6,901 | +15.5% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €300 | €300 | = | 0.0% |
| Distributable reserves | 133 | €44,112 | €51,013 | +€6,901 | +15.6% |
| Profit (loss) carried forward | 14 | -€7,473 | -€7,473 | +€0 | 0.0% |
| Amounts payable | 17/49 | €104,648 | €144,168 | +€39,520 | +37.8% |
| Amounts payable after more than one year | 17 | €13,392 | €43,228 | +€29,836 | +223% |
| Financial debts | 170/4 | €13,392 | €43,228 | +€29,836 | +223% |
| Amounts payable within one year | 42/48 | €91,256 | €100,939 | +€9,683 | +10.6% |
| Current portion of amounts payable after more than one year | 42 | €7,437 | €10,955 | +€3,518 | +47.3% |
| Trade debts | 44 | €1,716 | €3,470 | +€1,754 | +102% |
| Suppliers | 440/4 | €1,716 | €3,470 | +€1,754 | +102% |
| Taxes, remuneration and social security | 45 | €15,415 | €12,075 | -€3,340 | -21.7% |
| Taxes | 450/3 | €15,415 | €12,075 | -€3,340 | -21.7% |
| Other amounts payable | 47/48 | €66,688 | €74,439 | +€7,751 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,172 | €20,790 | +€7,618 | +57.8% |
| Other operating charges | 640/8 | €387 | €400 | +€13 | +3.3% |
| Gross operating margin | 9900 | €56,999 | €57,885 | +€886 | +1.6% |
| Operating profit (loss) | 9901 | €43,440 | €36,696 | -€6,744 | -15.5% |
| Financial charges | 65/66B | €991 | €25,728 | +€24,737 | +2,496% |
| Recurring financial charges | 65 | €991 | €25,728 | +€24,737 | +2,496% |
| Profit (loss) for the period before taxes | 9903 | €42,449 | €10,967 | -€31,482 | -74.2% |
| Income taxes | 67/77 | €14,846 | €4,067 | -€10,779 | -72.6% |
| Profit (loss) for the period | 9904 | €27,603 | €6,901 | -€20,702 | -75.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,603 | €6,901 | -€20,702 | -75.0% |
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 20 October 2026 via checked.be.