HOF TEN BIEZEN: 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.
HOF TEN BIEZEN
Largest movements
- Receivables within one year +€126,752
up €126,752 (+487%), from €26,011 to €152,763
of which Trade receivables: +€126,312
- Tangible fixed assets -€102,493
down €102,493 (-4.7%), from €2.2m to €2.1m
of which Land and buildings: -€92,438
- Cash -€87,305
down €87,305 (-74.8%), from €116,758 to €29,454
mainly Receivables within one year (-€126,752) and Net result for the year (-€66,353)
- Reserves -€66,309
down €66,309 (-26.0%), from €254,827 to €188,518
of which Distributable reserves: -€66,309
- Staff costs -€19,722
down €19,722 (-22.2%), from €89,018 to €69,296
- Gross operating margin -€10,452
down €10,452 (-7.5%), from €140,191 to €129,739
- Financial income -€4,583
down €4,583 (-82.1%), from €5,583 to €1,000
- Depreciation +€4,114
up €4,114 (+3.9%), from €105,670 to €109,784
- Other operating charges +€3,082
up €3,082 (+26.6%), from €11,595 to €14,678
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 | €2,381,039 | €2,321,370 | -€59,669 | -2.5% |
| Fixed assets | 21/28 | €2,181,710 | €2,079,217 | -€102,493 | -4.7% |
| Tangible fixed assets | 22/27 | €2,181,710 | €2,079,217 | -€102,493 | -4.7% |
| Land and buildings | 22 | €2,103,589 | €2,011,151 | -€92,438 | -4.4% |
| Plant, machinery and equipment | 23 | €17,346 | €13,529 | -€3,817 | -22.0% |
| Furniture and vehicles | 24 | €32,024 | €22,787 | -€9,238 | -28.8% |
| Other tangible fixed assets | 26 | €28,750 | €31,750 | +€3,000 | +10.4% |
| Current assets | 29/58 | €199,329 | €242,154 | +€42,825 | +21.5% |
| Amounts receivable within one year | 40/41 | €26,011 | €152,763 | +€126,752 | +487% |
| Trade receivables | 40 | €25,641 | €151,953 | +€126,312 | +493% |
| Other amounts receivable | 41 | €370 | €810 | +€440 | +119% |
| Current investments | 50/53 | €54,748 | €54,748 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €116,758 | €29,454 | -€87,305 | -74.8% |
| Deferred charges and accrued income | 490/1 | €1,812 | €5,190 | +€3,378 | +186% |
| Total equity and liabilities | 10/49 | €2,381,039 | €2,321,370 | -€59,669 | -2.5% |
| Equity | 10/15 | €2,317,371 | €2,251,018 | -€66,353 | -2.9% |
| Contributions | 10/11 | €2,062,500 | €2,062,500 | = | 0.0% |
| Capital | 10 | €2,062,500 | €2,062,500 | = | 0.0% |
| Issued capital | 100 | €2,062,500 | €2,062,500 | = | 0.0% |
| Reserves | 13 | €254,827 | €188,518 | -€66,309 | -26.0% |
| Non-distributable reserves | 130/1 | €50,827 | €50,827 | = | 0.0% |
| Legal reserve | 130 | €50,827 | €50,827 | = | 0.0% |
| Distributable reserves | 133 | €204,000 | €137,691 | -€66,309 | -32.5% |
| Profit (loss) carried forward | 14 | €44 | €0 | -€44 | -100% |
| Amounts payable | 17/49 | €63,668 | €70,352 | +€6,684 | +10.5% |
| Amounts payable after more than one year | 17 | €6,340 | €6,340 | = | 0.0% |
| Other amounts payable | 178/9 | €6,340 | €6,340 | = | 0.0% |
| Amounts payable within one year | 42/48 | €55,928 | €59,890 | +€3,962 | +7.1% |
| Trade debts | 44 | €46,726 | €51,172 | +€4,446 | +9.5% |
| Suppliers | 440/4 | €46,726 | €51,172 | +€4,446 | +9.5% |
| Taxes, remuneration and social security | 45 | €5,664 | €4,462 | -€1,202 | -21.2% |
| Taxes | 450/3 | €739 | €3,937 | +€3,198 | +433% |
| Remuneration and social security | 454/9 | €4,925 | €525 | -€4,401 | -89.3% |
| Other amounts payable | 47/48 | €3,538 | €4,256 | +€718 | +20.3% |
| Accrued charges and deferred income | 492/3 | €1,400 | €4,122 | +€2,722 | +194% |
| Non-recurring operating income | 76A | €7,851 | €5,792 | -€2,060 | -26.2% |
| Remuneration, social security and pensions | 62 | €89,018 | €69,296 | -€19,722 | -22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,670 | €109,784 | +€4,114 | +3.9% |
| Other operating charges | 640/8 | €11,595 | €14,678 | +€3,082 | +26.6% |
| Gross operating margin | 9900 | €140,191 | €129,739 | -€10,452 | -7.5% |
| Operating profit (loss) | 9901 | -€66,092 | -€64,019 | +€2,074 | +3.1% |
| Financial income | 75/76B | €5,583 | €1,000 | -€4,583 | -82.1% |
| Recurring financial income | 75 | €5,583 | €1,000 | -€4,583 | -82.1% |
| Financial charges | 65/66B | €2,507 | €2,420 | -€87 | -3.5% |
| Recurring financial charges | 65 | €2,507 | €2,420 | -€87 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | -€63,016 | -€65,438 | -€2,423 | -3.8% |
| Income taxes | 67/77 | €962 | €915 | -€47 | -4.9% |
| Profit (loss) for the period | 9904 | -€63,977 | -€66,353 | -€2,376 | -3.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€63,977 | -€66,353 | -€2,376 | -3.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.