HOEK: what changed
Two fiscal 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.
HOEK
Largest movements
- Tangible fixed assets -€19,562
down €19,562 (-2.6%), from €748,965 to €729,402
- Debts after one year -€42,767
down €42,767 (-5.7%), from €754,050 to €711,283
of which Financial debts: -€52,767
- Profit (loss) carried forward +€20,447
up €20,447 (+27.0%), from -€75,785 to -€55,338
- Other operating charges +€2,583
up €2,583 (+666.8%), from €387 to €2,970
- Gross operating margin +€2,282
up €2,282 (+3.9%), from €58,810 to €61,092
- Financial charges -€1,343
down €1,343 (-6.9%), from €19,455 to €18,112
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.
Cash bridge derived
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 | €753,993 | €734,669 | -€19,324 | -2.6% |
| Fixed assets | 21/28 | €753,965 | €734,402 | -€19,562 | -2.6% |
| Tangible fixed assets | 22/27 | €748,965 | €729,402 | -€19,562 | -2.6% |
| Land and buildings | 22 | €748,965 | €729,402 | -€19,562 | -2.6% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €28 | €266 | +€238 | +844.2% |
| Cash at bank and in hand | 54/58 | €28 | €266 | +€238 | +844.2% |
| Total equity and liabilities | 10/49 | €753,993 | €734,669 | -€19,324 | -2.6% |
| Equity | 10/15 | -€70,785 | -€50,338 | +€20,447 | +28.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€75,785 | -€55,338 | +€20,447 | +27.0% |
| Amounts payable | 17/49 | €824,778 | €785,007 | -€39,771 | -4.8% |
| Amounts payable after more than one year | 17 | €754,050 | €711,283 | -€42,767 | -5.7% |
| Financial debts | 170/4 | €554,050 | €501,283 | -€52,767 | -9.5% |
| Other amounts payable | 178/9 | €200,000 | €210,000 | +€10,000 | +5.0% |
| Amounts payable within one year | 42/48 | €55,084 | €59,180 | +€4,096 | +7.4% |
| Current portion of amounts payable after more than one year | 42 | €52,767 | €52,767 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €3,145 | +€3,145 | |
| Taxes | 450/3 | - | €3,145 | +€3,145 | |
| Other amounts payable | 47/48 | €2,317 | €3,268 | +€951 | +41.0% |
| Accrued charges and deferred income | 492/3 | €15,644 | €14,544 | -€1,101 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,562 | €19,562 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €2,970 | +€2,583 | +666.8% |
| Gross operating margin | 9900 | €58,810 | €61,092 | +€2,282 | +3.9% |
| Operating profit (loss) | 9901 | €38,860 | €38,559 | -€301 | -0.8% |
| Financial charges | 65/66B | €19,455 | €18,112 | -€1,343 | -6.9% |
| Recurring financial charges | 65 | €19,455 | €18,112 | -€1,343 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €19,405 | €20,447 | +€1,041 | +5.4% |
| Profit (loss) for the period | 9904 | €19,405 | €20,447 | +€1,041 | +5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,405 | €20,447 | +€1,041 | +5.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.