Het Hof: what changed
Two fiscal 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.
Het Hof
Largest movements
- Cash +€16,928
up €16,928 (+308.1%), from €5,495 to €22,423
mainly Net result for the year (+€12,093) and Depreciation (+€7,208)
- Tangible fixed assets -€3,808
down €3,808 (-3.7%), from €103,751 to €99,943
of which Land and buildings: -€4,476
- Reserves +€12,093
up €12,093 (+39.7%), from €30,498 to €42,591
of which Distributable reserves: +€12,093
- Gross operating margin -€6,579
down €6,579 (-23.9%), from €27,551 to €20,971
- Depreciation +€3,545
up €3,545 (+96.8%), from €3,663 to €7,208
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.
Cash bridge derived
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 | €111,403 | €123,479 | +€12,076 | +10.8% |
| Fixed assets | 21/28 | €103,751 | €99,943 | -€3,808 | -3.7% |
| Tangible fixed assets | 22/27 | €103,751 | €99,943 | -€3,808 | -3.7% |
| Land and buildings | 22 | €92,068 | €87,592 | -€4,476 | -4.9% |
| Plant, machinery and equipment | 23 | €3,640 | €5,567 | +€1,927 | +52.9% |
| Furniture and vehicles | 24 | €8,043 | €6,785 | -€1,258 | -15.6% |
| Current assets | 29/58 | €7,652 | €23,536 | +€15,883 | +207.6% |
| Amounts receivable within one year | 40/41 | €1,000 | €0 | -€1,000 | -100.0% |
| Trade receivables | 40 | €1,000 | €0 | -€1,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €5,495 | €22,423 | +€16,928 | +308.1% |
| Deferred charges and accrued income | 490/1 | €1,157 | €1,113 | -€45 | -3.9% |
| Total equity and liabilities | 10/49 | €111,403 | €123,479 | +€12,076 | +10.8% |
| Equity | 10/15 | €104,866 | €116,959 | +€12,093 | +11.5% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €30,498 | €42,591 | +€12,093 | +39.7% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Distributable reserves | 133 | €23,061 | €35,154 | +€12,093 | +52.4% |
| Amounts payable | 17/49 | €6,537 | €6,520 | -€17 | -0.3% |
| Amounts payable after more than one year | 17 | €4,500 | €4,500 | = | 0.0% |
| Other amounts payable | 178/9 | €4,500 | €4,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €739 | €0 | -€739 | -100.0% |
| Trade debts | 44 | €739 | €0 | -€739 | -100.0% |
| Suppliers | 440/4 | €739 | €0 | -€739 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,298 | €2,020 | +€722 | +55.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,663 | €7,208 | +€3,545 | +96.8% |
| Other operating charges | 640/8 | €1,616 | €1,627 | +€11 | +0.7% |
| Gross operating margin | 9900 | €27,551 | €20,971 | -€6,579 | -23.9% |
| Operating profit (loss) | 9901 | €22,272 | €12,136 | -€10,136 | -45.5% |
| Financial charges | 65/66B | €39 | €44 | +€5 | +11.5% |
| Recurring financial charges | 65 | €39 | €44 | +€5 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €22,233 | €12,093 | -€10,140 | -45.6% |
| Profit (loss) for the period | 9904 | €22,233 | €12,093 | -€10,140 | -45.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,233 | €12,093 | -€10,140 | -45.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.