HODIMI: 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.
What changed
HODIMI
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€7.6m
2024 · €2.4m+€5.2m
Equity
€147.7m
2024 · €32.0m+€115.7m
Cash
€906,029
2024 · €131,422+€774,607
Balance sheet total
€159.5m
2024 · €45.7m+€113.8m
Largest movements
Assets
- Financial fixed assets +€108.7m
up €108.7m (+280%), from €38.8m to €147.5m
- Tangible fixed assets +€4.6m
new in 2025: €4.6m
of which Land and buildings: +€4.1m
Equity and liabilities
- Revaluation surpluses +€108.7m
new in 2025: €108.7m
- Reserves +€7.0m
up €7.0m (+25.8%), from €27.0m to €34.0m
of which Distributable reserves: +€7.0m
- Debts after one year -€2.1m
down €2.1m (-19.8%), from €10.8m to €8.7m
Income statement
- Financial income +€5.8m
up €5.8m (+445%), from €1.3m to €7.1m
- Depreciation +€493,135
new in 2025: €493,135
- Taxes -€160,348
down €160,348 (-41.7%), from €384,124 to €223,776
- Turnover -€126,318
down €126,318 (-7.1%), from €1.8m to €1.7m
- Provisions +€86,075
new in 2025: €86,075
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.
Result 2024
€2.4m
Turnover
-€126,318
Services and other goods
-€34,706
Depreciation
-€493,135
Provisions
-€86,075
Other operating charges
-€33
Financial income
+€5.8m
Financial charges
+€21,759
Taxes
+€160,348
Result 2025
€7.6m
raises the resultlowers the result
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.
From operations
+€7.9m
Investment
-€113.1m
Financing
+€106.0m
Cash 2024
€131,422
From operations (derived)
+€7.9m
Net result for the year
+€7.6m
Depreciation
+€493,135
Receivables within one year
-€388,563
Smaller working-capital items
+€246,642
Investment (derived)
-€113.1m
Investment in fixed assets (net)
-€113.8m
Current investments
+€700,000
Financing
+€106.0m
Debts after one year
-€2.1m
Contributions, distributions and other
+€108.1m
Cash 2025
€906,029
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,667,310 | €159,472,306 | +€113.8m | +249% |
| Fixed assets | 21/28 | €38,760,000 | €152,097,559 | +€113.3m | +292% |
| Tangible fixed assets | 22/27 | - | €4,622,207 | +€4.6m | |
| Land and buildings | 22 | - | €4,106,250 | +€4.1m | |
| Assets under construction and advance payments | 27 | - | €515,957 | +€515,957 | |
| Financial fixed assets | 28 | €38,760,000 | €147,475,352 | +€108.7m | +280% |
| Affiliated companies | 280/1 | €38,760,000 | €147,475,352 | +€108.7m | +280% |
| Participating interests | 280 | €38,760,000 | €147,475,352 | +€108.7m | +280% |
| Current assets | 29/58 | €6,907,310 | €7,374,748 | +€467,438 | +6.8% |
| Amounts receivable after more than one year | 29 | €4,000,000 | €4,000,000 | = | 0.0% |
| Other amounts receivable | 291 | €4,000,000 | €4,000,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €68,709 | €457,273 | +€388,563 | +566% |
| Trade receivables | 40 | €59,817 | €280,870 | +€221,053 | +370% |
| Other amounts receivable | 41 | €8,892 | €176,403 | +€167,510 | +1,884% |
| Current investments | 50/53 | €2,700,000 | €2,000,000 | -€700,000 | -25.9% |
| Other investments | 51/53 | €2,700,000 | €2,000,000 | -€700,000 | -25.9% |
| Cash at bank and in hand | 54/58 | €131,422 | €906,029 | +€774,607 | +589% |
| Deferred charges and accrued income | 490/1 | €7,179 | €11,446 | +€4,268 | +59.4% |
| Total equity and liabilities | 10/49 | €45,667,310 | €159,472,306 | +€113.8m | +249% |
| Equity | 10/15 | €32,042,765 | €147,743,937 | +€115.7m | +361% |
| Contributions | 10/11 | €5,000,000 | €5,000,000 | = | 0.0% |
| Capital | 10 | €5,000,000 | €5,000,000 | = | 0.0% |
| Issued capital | 100 | €5,000,000 | €5,000,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €108,715,352 | +€108.7m | |
| Reserves | 13 | €27,042,765 | €34,028,585 | +€7.0m | +25.8% |
| Non-distributable reserves | 130/1 | €500,000 | €500,000 | = | 0.0% |
| Legal reserve | 130 | €500,000 | €500,000 | = | 0.0% |
| Distributable reserves | 133 | €26,542,765 | €33,528,585 | +€7.0m | +26.3% |
| Provisions and deferred taxes | 16 | - | €86,075 | +€86,075 | |
| Provisions for liabilities and charges | 160/5 | - | €86,075 | +€86,075 | |
| Other liabilities and charges | 164/5 | - | €86,075 | +€86,075 | |
| Amounts payable | 17/49 | €13,624,545 | €11,642,294 | -€2.0m | -14.5% |
| Amounts payable after more than one year | 17 | €10,845,499 | €8,698,413 | -€2.1m | -19.8% |
| Financial debts | 170/4 | €10,845,499 | €8,698,413 | -€2.1m | -19.8% |
| Credit institutions | 173 | €6,000,000 | €4,000,000 | -€2.0m | -33.3% |
| Other loans | 174 | €4,845,499 | €4,698,413 | -€147,086 | -3.0% |
| Amounts payable within one year | 42/48 | €2,723,935 | €2,902,159 | +€178,224 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €2,000,000 | €2,000,000 | = | 0.0% |
| Trade debts | 44 | €102,755 | €172,020 | +€69,265 | +67.4% |
| Suppliers | 440/4 | €102,755 | €172,020 | +€69,265 | +67.4% |
| Advances received on contracts in progress | 46 | €6,050 | - | -€6,050 | |
| Taxes, remuneration and social security | 45 | €155,130 | €130,139 | -€24,991 | -16.1% |
| Taxes | 450/3 | €155,130 | €130,139 | -€24,991 | -16.1% |
| Other amounts payable | 47/48 | €460,000 | €600,000 | +€140,000 | +30.4% |
| Accrued charges and deferred income | 492/3 | €55,111 | €41,722 | -€13,389 | -24.3% |
| Operating income | 70/76A | €1,782,188 | €1,655,870 | -€126,318 | -7.1% |
| Turnover | 70 | €1,782,188 | €1,655,870 | -€126,318 | -7.1% |
| Operating charges | 60/66A | €109,575 | €723,524 | +€613,949 | +560% |
| Services and other goods | 61 | €108,481 | €143,187 | +€34,706 | +32.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €493,135 | +€493,135 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €86,075 | +€86,075 | |
| Other operating charges | 640/8 | €1,094 | €1,126 | +€33 | +3.0% |
| Operating profit (loss) | 9901 | €1,672,613 | €932,346 | -€740,267 | -44.3% |
| Financial income | 75/76B | €1,301,346 | €7,092,023 | +€5.8m | +445% |
| Recurring financial income | 75 | €1,301,346 | €7,092,023 | +€5.8m | +445% |
| Income from financial fixed assets | 750 | €1,200,000 | €7,000,000 | +€5.8m | +483% |
| Income from current assets | 751 | €101,346 | €92,023 | -€9,323 | -9.2% |
| Financial charges | 65/66B | €236,532 | €214,773 | -€21,759 | -9.2% |
| Recurring financial charges | 65 | €236,532 | €214,773 | -€21,759 | -9.2% |
| Debt charges | 650 | €236,532 | €214,773 | -€21,759 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €2,737,427 | €7,809,597 | +€5.1m | +185% |
| Income taxes | 67/77 | €384,124 | €223,776 | -€160,348 | -41.7% |
| Taxes | 670/3 | €384,124 | €223,776 | -€160,348 | -41.7% |
| Profit (loss) for the period | 9904 | €2,353,303 | €7,585,821 | +€5.2m | +222% |
| Profit (loss) for the period to be appropriated | 9905 | €2,353,303 | €7,585,821 | +€5.2m | +222% |
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 23 October 2026 via checked.be.