HOF TEN INDE: 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 INDE
Largest movements
- Receivables within one year -€5,433
down €5,433 (-26.1%), from €20,784 to €15,351
of which Other amounts receivable: -€5,521
- Advances received -€60,595
down €60,595 (-100%), from €60,595 to €0
- Profit (loss) carried forward +€54,606
up €54,606 (+14.5%), from €376,249 to €430,855
- Financial income -€312,376
down €312,376 (-99.9%), from €312,788 to €413
- Gross operating margin +€61,142
up €61,142, from -€152 to €60,990
- Financial charges -€6,770
down €6,770 (-93.2%), from €7,263 to €493
- Taxes +€5,904
new in 2025: €5,904
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 | €532,894 | €527,196 | -€5,698 | -1.1% |
| Fixed assets | 21/28 | €446,208 | €446,208 | = | 0.0% |
| Financial fixed assets | 28 | €446,208 | €446,208 | = | 0.0% |
| Current assets | 29/58 | €86,686 | €80,988 | -€5,698 | -6.6% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €20,784 | €15,351 | -€5,433 | -26.1% |
| Trade receivables | 40 | - | €88 | +€88 | |
| Other amounts receivable | 41 | €20,784 | €15,263 | -€5,521 | -26.6% |
| Cash at bank and in hand | 54/58 | €65,902 | €65,637 | -€265 | -0.4% |
| Total equity and liabilities | 10/49 | €532,894 | €527,196 | -€5,698 | -1.1% |
| Equity | 10/15 | €470,512 | €525,118 | +€54,606 | +11.6% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €19,263 | €19,263 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €11,763 | €11,763 | = | 0.0% |
| Profit (loss) carried forward | 14 | €376,249 | €430,855 | +€54,606 | +14.5% |
| Amounts payable | 17/49 | €62,382 | €2,078 | -€60,304 | -96.7% |
| Amounts payable within one year | 42/48 | €62,382 | €2,078 | -€60,304 | -96.7% |
| Trade debts | 44 | €1,787 | €2,078 | +€290 | +16.2% |
| Suppliers | 440/4 | €1,787 | €2,078 | +€290 | +16.2% |
| Advances received on contracts in progress | 46 | €60,595 | €0 | -€60,595 | -100% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€152 | €60,990 | +€61,142 | |
| Operating profit (loss) | 9901 | -€539 | €60,590 | +€61,130 | |
| Financial income | 75/76B | €312,788 | €413 | -€312,376 | -99.9% |
| Recurring financial income | 75 | €312,788 | €413 | -€312,376 | -99.9% |
| Financial charges | 65/66B | €7,263 | €493 | -€6,770 | -93.2% |
| Recurring financial charges | 65 | €7,263 | €493 | -€6,770 | -93.2% |
| Profit (loss) for the period before taxes | 9903 | €304,986 | €60,510 | -€244,476 | -80.2% |
| Income taxes | 67/77 | - | €5,904 | +€5,904 | |
| Profit (loss) for the period | 9904 | €304,986 | €54,606 | -€250,380 | -82.1% |
| Profit (loss) for the period to be appropriated | 9905 | €304,986 | €54,606 | -€250,380 | -82.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.