HODY TRADING: 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.
HODY TRADING
Largest movements
- Stocks and contracts -€115,989
down €115,989 (-17.6%), from €660,470 to €544,480
- Cash -€65,630
down €65,630 (-70.1%), from €93,684 to €28,054
mainly Other debts (-€155,754) and Net result for the year (-€144,244)
- Deferred charges and accrued income -€11,857
down €11,857 (-88.4%), from €13,418 to €1,562
- Other debts -€155,754
down €155,754 (-95.1%), from €163,768 to €8,014
- Profit (loss) carried forward -€144,244
down €144,244 (-253%), from -€57,124 to -€201,368
- Trade debts +€101,343
up €101,343 (+23.6%), from €429,454 to €530,797
- Gross operating margin -€137,890
down €137,890 (-69.2%), from €199,185 to €61,296
- Staff costs -€24,208
down €24,208 (-12.1%), from €199,906 to €175,698
- Financial charges +€8,248
up €8,248 (+111%), from €7,455 to €15,703
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €838,986 | €636,926 | -€202,060 | -24.1% |
| Fixed assets | 21/28 | €46,068 | €44,016 | -€2,052 | -4.5% |
| Tangible fixed assets | 22/27 | €46,068 | €41,516 | -€4,552 | -9.9% |
| Plant, machinery and equipment | 23 | €2,665 | €2,440 | -€225 | -8.4% |
| Furniture and vehicles | 24 | €6,659 | €3,373 | -€3,286 | -49.4% |
| Other tangible fixed assets | 26 | €36,745 | €35,703 | -€1,041 | -2.8% |
| Financial fixed assets | 28 | - | €2,500 | +€2,500 | |
| Current assets | 29/58 | €792,918 | €592,911 | -€200,007 | -25.2% |
| Stocks and contracts in progress | 3 | €660,470 | €544,480 | -€115,989 | -17.6% |
| Stocks | 30/36 | €660,470 | €544,480 | -€115,989 | -17.6% |
| Amounts receivable within one year | 40/41 | €25,346 | €18,815 | -€6,531 | -25.8% |
| Trade receivables | 40 | €4,896 | €12,412 | +€7,516 | +154% |
| Other amounts receivable | 41 | €20,450 | €6,403 | -€14,047 | -68.7% |
| Cash at bank and in hand | 54/58 | €93,684 | €28,054 | -€65,630 | -70.1% |
| Deferred charges and accrued income | 490/1 | €13,418 | €1,562 | -€11,857 | -88.4% |
| Total equity and liabilities | 10/49 | €838,986 | €636,926 | -€202,060 | -24.1% |
| Equity | 10/15 | €1,715 | -€142,529 | -€144,244 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €38,838 | €38,838 | = | 0.0% |
| Distributable reserves | 133 | €38,838 | €38,838 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,124 | -€201,368 | -€144,244 | -253% |
| Amounts payable | 17/49 | €837,271 | €779,456 | -€57,816 | -6.9% |
| Amounts payable within one year | 42/48 | €835,665 | €777,598 | -€58,068 | -6.9% |
| Financial debts | 43 | €200,856 | €200,854 | -€2 | 0.0% |
| Credit institutions | 430/8 | €200,856 | €200,854 | -€2 | 0.0% |
| Trade debts | 44 | €429,454 | €530,797 | +€101,343 | +23.6% |
| Suppliers | 440/4 | €429,454 | €530,797 | +€101,343 | +23.6% |
| Taxes, remuneration and social security | 45 | €41,588 | €37,932 | -€3,656 | -8.8% |
| Taxes | 450/3 | €6,478 | €5,155 | -€1,323 | -20.4% |
| Remuneration and social security | 454/9 | €35,109 | €32,776 | -€2,333 | -6.6% |
| Other amounts payable | 47/48 | €163,768 | €8,014 | -€155,754 | -95.1% |
| Accrued charges and deferred income | 492/3 | €1,606 | €1,858 | +€252 | +15.7% |
| Remuneration, social security and pensions | 62 | €199,906 | €175,698 | -€24,208 | -12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,156 | €10,264 | +€1,109 | +12.1% |
| Other operating charges | 640/8 | €3,090 | €3,665 | +€575 | +18.6% |
| Gross operating margin | 9900 | €199,185 | €61,296 | -€137,890 | -69.2% |
| Operating profit (loss) | 9901 | -€12,966 | -€128,331 | -€115,365 | -890% |
| Financial income | 75/76B | €782 | €21 | -€761 | -97.3% |
| Recurring financial income | 75 | €782 | €21 | -€761 | -97.3% |
| Financial charges | 65/66B | €7,455 | €15,703 | +€8,248 | +111% |
| Recurring financial charges | 65 | €7,455 | €15,703 | +€8,248 | +111% |
| Profit (loss) for the period before taxes | 9903 | -€19,639 | -€144,013 | -€124,374 | -633% |
| Income taxes | 67/77 | €181 | €231 | +€50 | +27.9% |
| Profit (loss) for the period | 9904 | -€19,819 | -€144,244 | -€124,425 | -628% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,819 | -€144,244 | -€124,425 | -628% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.