HOEFKENS - HUTTING: 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.
HOEFKENS - HUTTING
Largest movements
- Stocks and contracts -€6,329
down €6,329 (-11.9%), from €53,254 to €46,925
- Cash +€3,389
up €3,389 (+313%), from €1,082 to €4,471
mainly Other debts (+€9,950) and Stocks and contracts (+€6,329)
- Tangible fixed assets -€3,386
down €3,386 (-8.8%), from €38,669 to €35,283
of which Furniture and vehicles: -€2,294
- Profit (loss) carried forward -€16,227
down €16,227 (-42.0%), from €38,611 to €22,384
- Other debts +€9,950
up €9,950 (+30.8%), from €32,346 to €42,296
- Gross operating margin +€7,534
up €7,534 (+50.3%), from -€14,976 to -€7,442
- Depreciation -€1,553
down €1,553 (-34.9%), from €4,448 to €2,895
- Other operating charges -€1,424
down €1,424 (-24.7%), from €5,754 to €4,330
- Financial charges -€1,116
down €1,116 (-54.0%), from €2,065 to €949
- Financial income +€168
up €168 (+16,800%), from €1 to €169
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,095 | €88,143 | -€6,952 | -7.3% |
| Fixed assets | 21/28 | €39,255 | €35,869 | -€3,386 | -8.6% |
| Tangible fixed assets | 22/27 | €38,669 | €35,283 | -€3,386 | -8.8% |
| Land and buildings | 22 | €29,700 | €29,700 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,779 | €687 | -€1,092 | -61.4% |
| Furniture and vehicles | 24 | €7,190 | €4,896 | -€2,294 | -31.9% |
| Financial fixed assets | 28 | €586 | €586 | = | 0.0% |
| Current assets | 29/58 | €55,840 | €52,274 | -€3,566 | -6.4% |
| Stocks and contracts in progress | 3 | €53,254 | €46,925 | -€6,329 | -11.9% |
| Stocks | 30/36 | €53,254 | €46,925 | -€6,329 | -11.9% |
| Amounts receivable within one year | 40/41 | €314 | - | -€314 | |
| Other amounts receivable | 41 | €314 | - | -€314 | |
| Cash at bank and in hand | 54/58 | €1,082 | €4,471 | +€3,389 | +313% |
| Deferred charges and accrued income | 490/1 | €1,190 | €878 | -€312 | -26.2% |
| Total equity and liabilities | 10/49 | €95,095 | €88,143 | -€6,952 | -7.3% |
| Equity | 10/15 | €59,071 | €42,844 | -€16,227 | -27.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,611 | €22,384 | -€16,227 | -42.0% |
| Amounts payable | 17/49 | €36,024 | €45,299 | +€9,275 | +25.7% |
| Amounts payable within one year | 42/48 | €35,911 | €45,251 | +€9,340 | +26.0% |
| Trade debts | 44 | €398 | €59 | -€339 | -85.2% |
| Suppliers | 440/4 | €398 | €59 | -€339 | -85.2% |
| Taxes, remuneration and social security | 45 | €3,167 | €2,896 | -€271 | -8.6% |
| Taxes | 450/3 | €3,167 | €2,896 | -€271 | -8.6% |
| Other amounts payable | 47/48 | €32,346 | €42,296 | +€9,950 | +30.8% |
| Accrued charges and deferred income | 492/3 | €113 | €48 | -€65 | -57.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,448 | €2,895 | -€1,553 | -34.9% |
| Other operating charges | 640/8 | €5,754 | €4,330 | -€1,424 | -24.7% |
| Non-recurring operating charges | 66A | - | €532 | +€532 | |
| Gross operating margin | 9900 | -€14,976 | -€7,442 | +€7,534 | +50.3% |
| Operating profit (loss) | 9901 | -€25,178 | -€15,199 | +€9,979 | +39.6% |
| Financial income | 75/76B | €1 | €169 | +€168 | +16,800% |
| Recurring financial income | 75 | €1 | €169 | +€168 | +16,800% |
| Financial charges | 65/66B | €2,065 | €949 | -€1,116 | -54.0% |
| Recurring financial charges | 65 | €2,065 | €949 | -€1,116 | -54.0% |
| Profit (loss) for the period before taxes | 9903 | -€27,242 | -€15,979 | +€11,263 | +41.3% |
| Income taxes | 67/77 | €275 | €248 | -€27 | -9.8% |
| Profit (loss) for the period | 9904 | -€27,517 | -€16,227 | +€11,290 | +41.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,517 | -€16,227 | +€11,290 | +41.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.