HOF TEN BRAKEL: what changed
HOF TEN BRAKEL
Largest movements
- Cash +€12,119
up €12,119 (+952%), from €1,273 to €13,391
mainly Depreciation (+€6,540) and Net result for the year (+€5,179)
- Tangible fixed assets -€6,540
down €6,540 (-14.3%), from €45,674 to €39,133
- Profit (loss) carried forward +€5,179
up €5,179 (+2.8%), from -€181,757 to -€176,579
- Depreciation -€1,354
down €1,354 (-17.1%), from €7,894 to €6,540
- Gross operating margin +€1,162
up €1,162 (+8.2%), from €14,157 to €15,319
- Financial income -€197
down €197 (-99.9%), from €197 to €0
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €46,946 | €52,525 | +€5,578 | +11.9% |
| Fixed assets | 21/28 | €45,674 | €39,133 | -€6,540 | -14.3% |
| Tangible fixed assets | 22/27 | €45,674 | €39,133 | -€6,540 | -14.3% |
| Land and buildings | 22 | €45,674 | €39,133 | -€6,540 | -14.3% |
| Current assets | 29/58 | €1,273 | €13,391 | +€12,119 | +952% |
| Amounts receivable within one year | 40/41 | - | €0 | +€0 | |
| Other amounts receivable | 41 | - | €0 | +€0 | |
| Cash at bank and in hand | 54/58 | €1,273 | €13,391 | +€12,119 | +952% |
| Total equity and liabilities | 10/49 | €46,946 | €52,525 | +€5,578 | +11.9% |
| Equity | 10/15 | -€82,447 | -€77,268 | +€5,179 | +6.3% |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Capital | 10 | €99,157 | €99,157 | = | 0.0% |
| Issued capital | 100 | €99,157 | €99,157 | = | 0.0% |
| Reserves | 13 | €153 | €153 | = | 0.0% |
| Non-distributable reserves | 130/1 | €153 | €153 | = | 0.0% |
| Legal reserve | 130 | €153 | €153 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€181,757 | -€176,579 | +€5,179 | +2.8% |
| Amounts payable | 17/49 | €129,393 | €129,793 | +€400 | +0.3% |
| Amounts payable after more than one year | 17 | €129,393 | €129,393 | = | 0.0% |
| Financial debts | 170/4 | €129,393 | €129,393 | = | 0.0% |
| Amounts payable within one year | 42/48 | - | €400 | +€400 | |
| Trade debts | 44 | - | €400 | +€400 | |
| Suppliers | 440/4 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,894 | €6,540 | -€1,354 | -17.1% |
| Other operating charges | 640/8 | €3,457 | €3,411 | -€46 | -1.3% |
| Gross operating margin | 9900 | €14,157 | €15,319 | +€1,162 | +8.2% |
| Operating profit (loss) | 9901 | €2,806 | €5,369 | +€2,562 | +91.3% |
| Financial income | 75/76B | €197 | €0 | -€197 | -99.9% |
| Recurring financial income | 75 | €197 | €0 | -€197 | -99.9% |
| Financial charges | 65/66B | €161 | €190 | +€29 | +18.0% |
| Recurring financial charges | 65 | €161 | €190 | +€29 | +18.0% |
| Profit (loss) for the period before taxes | 9903 | €2,842 | €5,179 | +€2,337 | +82.2% |
| Profit (loss) for the period | 9904 | €2,842 | €5,179 | +€2,337 | +82.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,842 | €5,179 | +€2,337 | +82.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.