HOCKE PARTNERS: what changed
What changed
HOCKE PARTNERS
NACE 46.711, Wholesale of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
€139,176
2024 · €456,020-€316,844
Equity
-€721,406
2024 · -€860,582+€139,176
Cash
€659,273
2024 · €509,992+€149,280
Balance sheet total
€4.3m
2024 · €4.2m+€104,076
Largest movements
Assets
- Receivables within one year -€1.3m
down €1.3m (-56.6%), from €2.2m to €972,293
of which Other amounts receivable: -€1.2m
- Financial fixed assets +€1.2m
up €1.2m (+96.1%), from €1.3m to €2.5m
- Cash +€149,280
up €149,280 (+29.3%), from €509,992 to €659,273
mainly Receivables within one year (+€1.3m) and Net result for the year (+€139,176)
Equity and liabilities
- Profit (loss) carried forward +€139,176
up €139,176 (+4.6%), from -€3.0m to -€2.9m
Income statement
- Gross operating margin -€382,208
down €382,208 (-37.3%), from €1.0m to €641,347
- Financial income +€72,474
up €72,474 (+78.5%), from €92,293 to €164,767
- Financial charges +€59,026
up €59,026 (+14.3%), from €413,407 to €472,432
of which Non-recurring financial charges: +€66,567
- Staff costs -€50,577
down €50,577 (-21.5%), from €235,280 to €184,703
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.
Result 2024
€456,020
Gross operating margin
-€382,208
Staff costs
+€50,577
Depreciation
+€1,090
Other operating charges
+€250
Financial income
+€72,474
Financial charges
-€59,026
Taxes
-€1
Result 2025
€139,176
raises the resultlowers the result
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.
From operations
+€1.4m
Investment
-€1.2m
Financing
-€2,147
Cash 2024
€509,992
From operations (derived)
+€1.4m
Net result for the year
+€139,176
Depreciation
+€8,926
Smaller working-capital items
-€1,108
Receivables within one year
+€1.3m
Trade debts
-€17,996
Tax, wage and social debts
+€10,042
Other debts
-€25,000
Investment (derived)
-€1.2m
Investment in fixed assets (net)
-€1.2m
Financing
-€2,147
Debts after one year
-€2,190
Current portion of long-term debt
+€43
Cash 2025
€659,273
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,222,775 | €4,326,851 | +€104,076 | +2.5% |
| Fixed assets | 21/28 | €1,292,507 | €2,515,629 | +€1.2m | +94.6% |
| Tangible fixed assets | 22/27 | €15,585 | €11,909 | -€3,676 | -23.6% |
| Furniture and vehicles | 24 | €4,823 | €8,745 | +€3,922 | +81.3% |
| Leasing and similar rights | 25 | €10,762 | €3,164 | -€7,598 | -70.6% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €1,276,921 | €2,503,720 | +€1.2m | +96.1% |
| Current assets | 29/58 | €2,930,268 | €1,811,222 | -€1.1m | -38.2% |
| Stocks and contracts in progress | 3 | €178,486 | €179,655 | +€1,169 | +0.7% |
| Stocks | 30/36 | €178,486 | €179,655 | +€1,169 | +0.7% |
| Amounts receivable within one year | 40/41 | €2,241,728 | €972,293 | -€1.3m | -56.6% |
| Trade receivables | 40 | €95,825 | €70,377 | -€25,448 | -26.6% |
| Other amounts receivable | 41 | €2,145,903 | €901,917 | -€1.2m | -58.0% |
| Cash at bank and in hand | 54/58 | €509,992 | €659,273 | +€149,280 | +29.3% |
| Deferred charges and accrued income | 490/1 | €62 | - | -€62 | |
| Total equity and liabilities | 10/49 | €4,222,775 | €4,326,851 | +€104,076 | +2.5% |
| Equity | 10/15 | -€860,582 | -€721,406 | +€139,176 | +16.2% |
| Contributions | 10/11 | €2,170,886 | €2,170,886 | = | 0.0% |
| Capital | 10 | €2,170,886 | €2,170,886 | = | 0.0% |
| Issued capital | 100 | €2,170,886 | €2,170,886 | = | 0.0% |
| Reserves | 13 | €11,275 | €11,275 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,275 | €11,275 | = | 0.0% |
| Legal reserve | 130 | €11,275 | €11,275 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,042,743 | -€2,903,567 | +€139,176 | +4.6% |
| Amounts payable | 17/49 | €5,083,357 | €5,048,257 | -€35,100 | -0.7% |
| Amounts payable after more than one year | 17 | €17,321 | €15,131 | -€2,190 | -12.6% |
| Financial debts | 170/4 | €17,321 | €15,131 | -€2,190 | -12.6% |
| Amounts payable within one year | 42/48 | €5,066,036 | €5,033,126 | -€32,911 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €2,147 | €2,190 | +€43 | +2.0% |
| Trade debts | 44 | €39,711 | €21,715 | -€17,996 | -45.3% |
| Suppliers | 440/4 | €39,711 | €21,715 | -€17,996 | -45.3% |
| Taxes, remuneration and social security | 45 | €9,179 | €19,221 | +€10,042 | +109% |
| Taxes | 450/3 | €513 | €487 | -€25 | -4.9% |
| Remuneration and social security | 454/9 | €8,666 | €18,733 | +€10,067 | +116% |
| Other amounts payable | 47/48 | €5,015,000 | €4,990,000 | -€25,000 | -0.5% |
| Non-recurring operating income | 76A | - | €1,000 | +€1,000 | |
| Remuneration, social security and pensions | 62 | €235,280 | €184,703 | -€50,577 | -21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,016 | €8,926 | -€1,090 | -10.9% |
| Other operating charges | 640/8 | €1,056 | €806 | -€250 | -23.7% |
| Gross operating margin | 9900 | €1,023,555 | €641,347 | -€382,208 | -37.3% |
| Operating profit (loss) | 9901 | €777,202 | €446,912 | -€330,291 | -42.5% |
| Financial income | 75/76B | €92,293 | €164,767 | +€72,474 | +78.5% |
| Recurring financial income | 75 | €92,293 | €164,767 | +€72,474 | +78.5% |
| Financial charges | 65/66B | €413,407 | €472,432 | +€59,026 | +14.3% |
| Recurring financial charges | 65 | €413,407 | €405,866 | -€7,541 | -1.8% |
| Non-recurring financial charges | 66B | - | €66,567 | +€66,567 | |
| Profit (loss) for the period before taxes | 9903 | €456,089 | €139,246 | -€316,842 | -69.5% |
| Income taxes | 67/77 | €69 | €70 | +€1 | +2.1% |
| Profit (loss) for the period | 9904 | €456,020 | €139,176 | -€316,844 | -69.5% |
| Profit (loss) for the period to be appropriated | 9905 | €456,020 | €139,176 | -€316,844 | -69.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.