HoAnn: 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.
HoAnn
Largest movements
- Tangible fixed assets -€8,070
down €8,070 (-25.7%), from €31,404 to €23,334
of which Furniture and vehicles: -€7,632
- Receivables within one year +€6,702
up €6,702 (+247.6%), from €2,707 to €9,409
of which Trade receivables: +€4,362
- Cash +€5,753
up €5,753 (+105.3%), from €5,463 to €11,216
mainly Net result for the year (+€11,254) and Depreciation (+€8,070)
- Deferred charges and accrued income -€682
no longer reported in 2025 (was €682)
- Reserves +€6,500
up €6,500 (+61.9%), from €10,500 to €17,000
- Debts after one year -€6,289
down €6,289 (-32.0%), from €19,671 to €13,382
- Profit (loss) carried forward +€4,754
up €4,754, from -€4,331 to €423
- Tax, wage and social debts -€1,500
no longer reported in 2025 (was €1,500)
- Current portion of long-term debt +€766
up €766 (+12.7%), from €6,036 to €6,802
- Gross operating margin +€20,978
up €20,978 (+393.5%), from €5,331 to €26,308
- Taxes +€4,805
up €4,805 (+46518.3%), from €10 to €4,816
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 | €40,256 | €43,959 | +€3,703 | +9.2% |
| Fixed assets | 21/28 | €31,404 | €23,334 | -€8,070 | -25.7% |
| Tangible fixed assets | 22/27 | €31,404 | €23,334 | -€8,070 | -25.7% |
| Plant, machinery and equipment | 23 | €1,524 | €1,086 | -€438 | -28.7% |
| Furniture and vehicles | 24 | €29,880 | €22,248 | -€7,632 | -25.5% |
| Current assets | 29/58 | €8,852 | €20,624 | +€11,773 | +133.0% |
| Amounts receivable within one year | 40/41 | €2,707 | €9,409 | +€6,702 | +247.6% |
| Trade receivables | 40 | €457 | €4,819 | +€4,362 | +954.4% |
| Other amounts receivable | 41 | €2,250 | €4,590 | +€2,340 | +104.0% |
| Cash at bank and in hand | 54/58 | €5,463 | €11,216 | +€5,753 | +105.3% |
| Deferred charges and accrued income | 490/1 | €682 | - | -€682 | |
| Total equity and liabilities | 10/49 | €40,256 | €43,959 | +€3,703 | +9.2% |
| Equity | 10/15 | €10,169 | €21,423 | +€11,254 | +110.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €10,500 | €17,000 | +€6,500 | +61.9% |
| Distributable reserves | 133 | €10,500 | €17,000 | +€6,500 | +61.9% |
| Profit (loss) carried forward | 14 | -€4,331 | €423 | +€4,754 | |
| Amounts payable | 17/49 | €30,087 | €22,536 | -€7,551 | -25.1% |
| Amounts payable after more than one year | 17 | €19,671 | €13,382 | -€6,289 | -32.0% |
| Financial debts | 170/4 | €19,671 | €13,382 | -€6,289 | -32.0% |
| Amounts payable within one year | 42/48 | €10,415 | €9,154 | -€1,261 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €6,036 | €6,802 | +€766 | +12.7% |
| Trade debts | 44 | €749 | €552 | -€197 | -26.3% |
| Suppliers | 440/4 | €749 | €552 | -€197 | -26.3% |
| Taxes, remuneration and social security | 45 | €1,500 | - | -€1,500 | |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €2,131 | €1,800 | -€331 | -15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,070 | €8,070 | = | 0.0% |
| Other operating charges | 640/8 | €872 | €826 | -€45 | -5.2% |
| Gross operating margin | 9900 | €5,331 | €26,308 | +€20,978 | +393.5% |
| Operating profit (loss) | 9901 | -€3,611 | €17,412 | +€21,023 | |
| Financial charges | 65/66B | €1,425 | €1,343 | -€83 | -5.8% |
| Recurring financial charges | 65 | €1,425 | €1,343 | -€83 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,036 | €16,070 | +€21,106 | |
| Income taxes | 67/77 | €10 | €4,816 | +€4,805 | +46518.3% |
| Profit (loss) for the period | 9904 | -€5,046 | €11,254 | +€16,300 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,046 | €11,254 | +€16,300 |
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 6 October 2026 via checked.be.