Hodole: 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.
Hodole
Largest movements
- Current investments +€581,349
up €581,349 (+18.9%), from €3.1m to €3.7m
- Receivables within one year +€239,431
up €239,431 (+1,287%), from €18,599 to €258,030
of which Trade receivables: +€239,426
- Tangible fixed assets -€135,071
down €135,071 (-5.5%), from €2.4m to €2.3m
of which Land and buildings: -€125,197
- Reserves +€390,875
up €390,875 (+11.5%), from €3.4m to €3.8m
of which Distributable reserves: +€390,875
- Accrued charges and deferred income +€220,851
new in 2025: €220,851
- Tax, wage and social debts +€137,441
up €137,441 (+86.9%), from €158,176 to €295,617
- Financial income -€913,648
down €913,648 (-94.8%), from €963,867 to €50,219
- Gross operating margin +€126,479
up €126,479 (+14.7%), from €859,113 to €985,593
- Taxes -€63,320
down €63,320 (-24.7%), from €255,895 to €192,575
- Depreciation +€33,526
up €33,526 (+15.8%), from €212,092 to €245,618
- Financial charges +€25,676
up €25,676 (+684%), from €3,752 to €29,428
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 | €5,602,273 | €6,321,553 | +€719,280 | +12.8% |
| Fixed assets | 21/28 | €2,438,187 | €2,303,116 | -€135,071 | -5.5% |
| Tangible fixed assets | 22/27 | €2,438,187 | €2,303,116 | -€135,071 | -5.5% |
| Land and buildings | 22 | €2,109,217 | €1,984,019 | -€125,197 | -5.9% |
| Plant, machinery and equipment | 23 | €111,869 | €141,947 | +€30,078 | +26.9% |
| Furniture and vehicles | 24 | €217,101 | €177,150 | -€39,951 | -18.4% |
| Current assets | 29/58 | €3,164,087 | €4,018,437 | +€854,350 | +27.0% |
| Amounts receivable within one year | 40/41 | €18,599 | €258,030 | +€239,431 | +1,287% |
| Trade receivables | 40 | €18,599 | €258,025 | +€239,426 | +1,287% |
| Other amounts receivable | 41 | - | €5 | +€5 | |
| Current investments | 50/53 | €3,083,051 | €3,664,400 | +€581,349 | +18.9% |
| Cash at bank and in hand | 54/58 | €19,026 | €62,167 | +€43,141 | +227% |
| Deferred charges and accrued income | 490/1 | €43,411 | €33,840 | -€9,570 | -22.0% |
| Total equity and liabilities | 10/49 | €5,602,273 | €6,321,553 | +€719,280 | +12.8% |
| Equity | 10/15 | €5,382,238 | €5,773,113 | +€390,875 | +7.3% |
| Contributions | 10/11 | €1,985,611 | €1,985,611 | = | 0.0% |
| Capital | 10 | €1,985,611 | €1,985,611 | = | 0.0% |
| Issued capital | 100 | €1,985,611 | €1,985,611 | = | 0.0% |
| Reserves | 13 | €3,396,627 | €3,787,502 | +€390,875 | +11.5% |
| Non-distributable reserves | 130/1 | €198,561 | €198,561 | = | 0.0% |
| Legal reserve | 130 | €198,561 | €198,561 | = | 0.0% |
| Tax-exempt reserves | 132 | €907 | €907 | = | 0.0% |
| Distributable reserves | 133 | €3,197,159 | €3,588,034 | +€390,875 | +12.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €220,035 | €548,440 | +€328,405 | +149% |
| Amounts payable within one year | 42/48 | €220,035 | €327,589 | +€107,553 | +48.9% |
| Trade debts | 44 | €34,921 | €12,905 | -€22,016 | -63.0% |
| Suppliers | 440/4 | €34,921 | €12,905 | -€22,016 | -63.0% |
| Advances received on contracts in progress | 46 | €7,871 | €0 | -€7,871 | -100% |
| Taxes, remuneration and social security | 45 | €158,176 | €295,617 | +€137,441 | +86.9% |
| Taxes | 450/3 | €158,176 | €295,617 | +€137,441 | +86.9% |
| Other amounts payable | 47/48 | €19,067 | €19,067 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €220,851 | +€220,851 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €212,092 | €245,618 | +€33,526 | +15.8% |
| Other operating charges | 640/8 | €164,398 | €177,315 | +€12,917 | +7.9% |
| Gross operating margin | 9900 | €859,113 | €985,593 | +€126,479 | +14.7% |
| Operating profit (loss) | 9901 | €482,622 | €562,659 | +€80,037 | +16.6% |
| Financial income | 75/76B | €963,867 | €50,219 | -€913,648 | -94.8% |
| Recurring financial income | 75 | €963,867 | €50,219 | -€913,648 | -94.8% |
| Financial charges | 65/66B | €3,752 | €29,428 | +€25,676 | +684% |
| Recurring financial charges | 65 | €3,752 | €29,428 | +€25,676 | +684% |
| Profit (loss) for the period before taxes | 9903 | €1,442,737 | €583,450 | -€859,287 | -59.6% |
| Income taxes | 67/77 | €255,895 | €192,575 | -€63,320 | -24.7% |
| Profit (loss) for the period | 9904 | €1,186,842 | €390,875 | -€795,967 | -67.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,186,842 | €390,875 | -€795,967 | -67.1% |
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.