HOF VAN EEL: 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 VAN EEL
Largest movements
- Tangible fixed assets -€5,847
down €5,847 (-19.6%), from €29,884 to €24,038
of which Land and buildings: -€5,432
- Receivables within one year -€1,800
down €1,800 (-100%), from €1,800 to €0
- Other debts -€14,330
down €14,330 (-5.1%), from €281,542 to €267,211
- Profit (loss) carried forward +€6,776
up €6,776 (+2.5%), from -€268,415 to -€261,638
- Gross operating margin -€9,603
down €9,603 (-40.2%), from €23,909 to €14,306
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,684 | €24,153 | -€7,531 | -23.8% |
| Fixed assets | 21/28 | €29,884 | €24,038 | -€5,847 | -19.6% |
| Tangible fixed assets | 22/27 | €29,884 | €24,038 | -€5,847 | -19.6% |
| Land and buildings | 22 | €28,816 | €23,384 | -€5,432 | -18.9% |
| Plant, machinery and equipment | 23 | €1,068 | €653 | -€415 | -38.8% |
| Current assets | 29/58 | €1,800 | €116 | -€1,684 | -93.6% |
| Amounts receivable within one year | 40/41 | €1,800 | €0 | -€1,800 | -100% |
| Trade receivables | 40 | €1,800 | €0 | -€1,800 | -100% |
| Cash at bank and in hand | 54/58 | €0 | €21 | +€21 | |
| Deferred charges and accrued income | 490/1 | €0 | €95 | +€95 | |
| Total equity and liabilities | 10/49 | €31,684 | €24,153 | -€7,531 | -23.8% |
| Equity | 10/15 | -€249,865 | -€243,088 | +€6,776 | +2.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€268,415 | -€261,638 | +€6,776 | +2.5% |
| Amounts payable | 17/49 | €281,549 | €267,241 | -€14,308 | -5.1% |
| Amounts payable within one year | 42/48 | €281,549 | €267,241 | -€14,308 | -5.1% |
| Financial debts | 43 | €7 | €0 | -€7 | -100% |
| Credit institutions | 430/8 | €7 | €0 | -€7 | -100% |
| Trade debts | 44 | - | €30 | +€30 | |
| Suppliers | 440/4 | - | €30 | +€30 | |
| Other amounts payable | 47/48 | €281,542 | €267,211 | -€14,330 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,609 | €5,847 | +€238 | +4.2% |
| Other operating charges | 640/8 | €1,590 | €1,638 | +€48 | +3.0% |
| Gross operating margin | 9900 | €23,909 | €14,306 | -€9,603 | -40.2% |
| Operating profit (loss) | 9901 | €16,710 | €6,821 | -€9,889 | -59.2% |
| Financial charges | 65/66B | €45 | €45 | -€0 | -0.1% |
| Recurring financial charges | 65 | €45 | €45 | -€0 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €16,665 | €6,776 | -€9,889 | -59.3% |
| Profit (loss) for the period | 9904 | €16,665 | €6,776 | -€9,889 | -59.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,665 | €6,776 | -€9,889 | -59.3% |
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 23 October 2026 via checked.be.