Hod - Taim: 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.
Hod - Taim
Largest movements
- Cash +€9,424
up €9,424 (+85.3%), from €11,050 to €20,474
mainly Net result for the year (+€42,383) and Other debts (+€766)
- Receivables within one year +€807
up €807 (+10.0%), from €8,067 to €8,874
of which Trade receivables: +€807
- Stocks and contracts -€670
down €670 (-17.9%), from €3,745 to €3,076
- Profit (loss) carried forward +€42,383
up €42,383 (+17.2%), from -€246,818 to -€204,435
- Current portion of long-term debt -€27,000
down €27,000 (-47.4%), from €57,000 to €30,000
- Trade debts -€7,029
down €7,029 (-9.2%), from €76,636 to €69,607
- Other debts +€766
up €766 (+109%), from €704 to €1,469
- Tax, wage and social debts +€442
up €442 (+121%), from €367 to €809
- Gross operating margin +€13,951
up €13,951 (+48.0%), from €29,076 to €43,028
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 | €24,273 | €33,834 | +€9,561 | +39.4% |
| Fixed assets | 21/28 | €1,411 | €1,411 | = | 0.0% |
| Financial fixed assets | 28 | €1,411 | €1,411 | = | 0.0% |
| Current assets | 29/58 | €22,862 | €32,424 | +€9,561 | +41.8% |
| Stocks and contracts in progress | 3 | €3,745 | €3,076 | -€670 | -17.9% |
| Stocks | 30/36 | €3,745 | €3,076 | -€670 | -17.9% |
| Amounts receivable within one year | 40/41 | €8,067 | €8,874 | +€807 | +10.0% |
| Trade receivables | 40 | €7,201 | €8,008 | +€807 | +11.2% |
| Other amounts receivable | 41 | €867 | €867 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €11,050 | €20,474 | +€9,424 | +85.3% |
| Total equity and liabilities | 10/49 | €24,273 | €33,834 | +€9,561 | +39.4% |
| Equity | 10/15 | -€110,434 | -€68,051 | +€42,383 | +38.4% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Contributions outside capital | 11 | €123,947 | €123,947 | = | 0.0% |
| Share premium | 1100/10 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €12,437 | €12,437 | = | 0.0% |
| Distributable reserves | 133 | €12,437 | €12,437 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€246,818 | -€204,435 | +€42,383 | +17.2% |
| Amounts payable | 17/49 | €134,707 | €101,885 | -€32,821 | -24.4% |
| Amounts payable within one year | 42/48 | €134,707 | €101,885 | -€32,821 | -24.4% |
| Current portion of amounts payable after more than one year | 42 | €57,000 | €30,000 | -€27,000 | -47.4% |
| Trade debts | 44 | €76,636 | €69,607 | -€7,029 | -9.2% |
| Suppliers | 440/4 | €76,636 | €69,607 | -€7,029 | -9.2% |
| Taxes, remuneration and social security | 45 | €367 | €809 | +€442 | +121% |
| Taxes | 450/3 | €367 | €809 | +€442 | +121% |
| Other amounts payable | 47/48 | €704 | €1,469 | +€766 | +109% |
| Gross operating margin | 9900 | €29,076 | €43,028 | +€13,951 | +48.0% |
| Operating profit (loss) | 9901 | €29,076 | €43,028 | +€13,951 | +48.0% |
| Financial charges | 65/66B | €559 | €511 | -€48 | -8.7% |
| Recurring financial charges | 65 | €559 | €511 | -€48 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €28,517 | €42,517 | +€14,000 | +49.1% |
| Income taxes | 67/77 | €164 | €134 | -€30 | -18.3% |
| Profit (loss) for the period | 9904 | €28,353 | €42,383 | +€14,030 | +49.5% |
| Profit (loss) for the period to be appropriated | 9905 | €28,353 | €42,383 | +€14,030 | +49.5% |
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 14 October 2026 via checked.be.