Het Hof 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.
Het Hof Services
Largest movements
- Receivables within one year +€770,513
up €770,513 (+6,124%), from €12,581 to €783,095
of which Other amounts receivable: +€776,090
- Tangible fixed assets -€65,139
down €65,139 (-38.3%), from €170,025 to €104,885
of which Plant, machinery and equipment: -€71,533
- Stocks and contracts -€50,604
down €50,604 (-58.0%), from €87,216 to €36,612
- Intangible fixed assets -€45,100
down €45,100 (-26.5%), from €170,500 to €125,400
- Cash +€14,707
up €14,707 (+39.0%), from €37,702 to €52,409
mainly Tax, wage and social debts (+€295,350) and Other debts (+€260,163)
- Tax, wage and social debts +€295,350
up €295,350 (+773%), from €38,225 to €333,575
of which Remuneration and social security: +€209,780
- Other debts +€260,163
new in 2024: €260,163
- Trade debts +€64,784
up €64,784 (+543%), from €11,937 to €76,721
- Other operating charges +€136,479
up €136,479 (+30,669%), from €445 to €136,924
- Depreciation +€89,938
up €89,938 (+206%), from €43,649 to €133,588
- Gross operating margin +€82,616
up €82,616 (+22.5%), from €366,589 to €449,204
- Staff costs +€61,235
up €61,235 (+47.2%), from €129,703 to €190,938
- Taxes -€36,674
down €36,674 (-88.3%), from €41,542 to €4,868
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €479,306 | €1,103,832 | +€624,526 | +130% |
| Fixed assets | 21/28 | €341,075 | €230,835 | -€110,239 | -32.3% |
| Intangible fixed assets | 21 | €170,500 | €125,400 | -€45,100 | -26.5% |
| Tangible fixed assets | 22/27 | €170,025 | €104,885 | -€65,139 | -38.3% |
| Land and buildings | 22 | €4,477 | €1,919 | -€2,558 | -57.1% |
| Plant, machinery and equipment | 23 | €146,401 | €74,868 | -€71,533 | -48.9% |
| Furniture and vehicles | 24 | €19,147 | €7,003 | -€12,144 | -63.4% |
| Assets under construction and advance payments | 27 | - | €21,095 | +€21,095 | |
| Financial fixed assets | 28 | €550 | €550 | = | 0.0% |
| Current assets | 29/58 | €138,231 | €872,997 | +€734,765 | +532% |
| Stocks and contracts in progress | 3 | €87,216 | €36,612 | -€50,604 | -58.0% |
| Stocks | 30/36 | €87,216 | €36,612 | -€50,604 | -58.0% |
| Amounts receivable within one year | 40/41 | €12,581 | €783,095 | +€770,513 | +6,124% |
| Trade receivables | 40 | €12,352 | €6,775 | -€5,577 | -45.2% |
| Other amounts receivable | 41 | €230 | €776,320 | +€776,090 | +337,798% |
| Cash at bank and in hand | 54/58 | €37,702 | €52,409 | +€14,707 | +39.0% |
| Deferred charges and accrued income | 490/1 | €733 | €881 | +€148 | +20.3% |
| Total equity and liabilities | 10/49 | €479,306 | €1,103,832 | +€624,526 | +130% |
| Equity | 10/15 | €429,144 | €433,373 | +€4,228 | +1.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €410,544 | €410,544 | = | 0.0% |
| Distributable reserves | 133 | €410,544 | €410,544 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €4,228 | +€4,228 | |
| Amounts payable | 17/49 | €50,162 | €670,459 | +€620,298 | +1,237% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €50,162 | €670,459 | +€620,298 | +1,237% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €11,937 | €76,721 | +€64,784 | +543% |
| Suppliers | 440/4 | €11,937 | €76,721 | +€64,784 | +543% |
| Taxes, remuneration and social security | 45 | €38,225 | €333,575 | +€295,350 | +773% |
| Taxes | 450/3 | €26,075 | €111,645 | +€85,570 | +328% |
| Remuneration and social security | 454/9 | €12,150 | €221,930 | +€209,780 | +1,727% |
| Other amounts payable | 47/48 | - | €260,163 | +€260,163 | |
| Remuneration, social security and pensions | 62 | €129,703 | €190,938 | +€61,235 | +47.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,649 | €133,588 | +€89,938 | +206% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €310 | €719 | +€409 | +132% |
| Other operating charges | 640/8 | €445 | €136,924 | +€136,479 | +30,669% |
| Gross operating margin | 9900 | €366,589 | €449,204 | +€82,616 | +22.5% |
| Operating profit (loss) | 9901 | €192,481 | -€12,964 | -€205,445 | |
| Financial income | 75/76B | €355 | €30,685 | +€30,329 | +8,532% |
| Recurring financial income | 75 | €355 | €30,685 | +€30,329 | +8,532% |
| Financial charges | 65/66B | €30,043 | €8,624 | -€21,419 | -71.3% |
| Recurring financial charges | 65 | €30,043 | €8,624 | -€21,419 | -71.3% |
| Profit (loss) for the period before taxes | 9903 | €162,794 | €9,096 | -€153,698 | -94.4% |
| Income taxes | 67/77 | €41,542 | €4,868 | -€36,674 | -88.3% |
| Profit (loss) for the period | 9904 | €121,252 | €4,228 | -€117,024 | -96.5% |
| Profit (loss) for the period to be appropriated | 9905 | €121,252 | €4,228 | -€117,024 | -96.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.