HOF VAN HAMME: 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 HAMME
Largest movements
- Receivables within one year +€459,185
up €459,185 (+390%), from €117,816 to €577,001
of which Other amounts receivable: +€473,310
- Tangible fixed assets +€13,496
up €13,496 (+29.1%), from €46,436 to €59,932
- Trade debts +€164,591
up €164,591 (+599%), from €27,472 to €192,063
- Debts after one year +€135,938
new in 2025: €135,938
- Other debts +€105,031
up €105,031 (+33,695%), from €312 to €105,343
- Tax, wage and social debts +€39,152
up €39,152 (+39.1%), from €100,236 to €139,388
of which Taxes: +€26,973
- Short-term financial debts +€30,251
new in 2025: €30,251
- Gross operating margin +€124,696
up €124,696 (+21.8%), from €572,912 to €697,608
- Staff costs +€90,615
up €90,615 (+19.3%), from €468,984 to €559,598
- Other operating charges -€17,529
down €17,529 (-84.3%), from €20,804 to €3,275
- Financial charges +€17,050
up €17,050 (+192%), from €8,880 to €25,930
- Taxes +€16,579
up €16,579 (+102%), from €16,194 to €32,773
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 | €220,613 | €701,573 | +€480,960 | +218% |
| Fixed assets | 21/28 | €46,436 | €59,932 | +€13,496 | +29.1% |
| Tangible fixed assets | 22/27 | €46,436 | €59,932 | +€13,496 | +29.1% |
| Plant, machinery and equipment | 23 | €24,516 | €28,307 | +€3,792 | +15.5% |
| Furniture and vehicles | 24 | €8,281 | €14,545 | +€6,264 | +75.6% |
| Other tangible fixed assets | 26 | €13,640 | €17,080 | +€3,440 | +25.2% |
| Current assets | 29/58 | €174,176 | €641,641 | +€467,464 | +268% |
| Stocks and contracts in progress | 3 | €6,730 | €9,940 | +€3,210 | +47.7% |
| Stocks | 30/36 | €6,730 | €9,940 | +€3,210 | +47.7% |
| Amounts receivable within one year | 40/41 | €117,816 | €577,001 | +€459,185 | +390% |
| Trade receivables | 40 | €14,494 | €368 | -€14,125 | -97.5% |
| Other amounts receivable | 41 | €103,323 | €576,633 | +€473,310 | +458% |
| Cash at bank and in hand | 54/58 | €42,661 | €49,388 | +€6,727 | +15.8% |
| Deferred charges and accrued income | 490/1 | €6,969 | €5,312 | -€1,657 | -23.8% |
| Total equity and liabilities | 10/49 | €220,613 | €701,573 | +€480,960 | +218% |
| Equity | 10/15 | €92,593 | €77,204 | -€15,389 | -16.6% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200% |
| Profit (loss) carried forward | 14 | €86,393 | €58,604 | -€27,789 | -32.2% |
| Amounts payable | 17/49 | €128,020 | €624,369 | +€496,349 | +388% |
| Amounts payable after more than one year | 17 | - | €135,938 | +€135,938 | |
| Financial debts | 170/4 | - | €135,938 | +€135,938 | |
| Amounts payable within one year | 42/48 | €128,020 | €488,430 | +€360,410 | +282% |
| Current portion of amounts payable after more than one year | 42 | - | €21,385 | +€21,385 | |
| Financial debts | 43 | - | €30,251 | +€30,251 | |
| Credit institutions | 430/8 | - | €30,251 | +€30,251 | |
| Trade debts | 44 | €27,472 | €192,063 | +€164,591 | +599% |
| Suppliers | 440/4 | €27,472 | €192,063 | +€164,591 | +599% |
| Taxes, remuneration and social security | 45 | €100,236 | €139,388 | +€39,152 | +39.1% |
| Taxes | 450/3 | €45,304 | €72,277 | +€26,973 | +59.5% |
| Remuneration and social security | 454/9 | €54,932 | €67,111 | +€12,179 | +22.2% |
| Other amounts payable | 47/48 | €312 | €105,343 | +€105,031 | +33,695% |
| Remuneration, social security and pensions | 62 | €468,984 | €559,598 | +€90,615 | +19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,104 | €13,342 | +€6,238 | +87.8% |
| Other operating charges | 640/8 | €20,804 | €3,275 | -€17,529 | -84.3% |
| Gross operating margin | 9900 | €572,912 | €697,608 | +€124,696 | +21.8% |
| Operating profit (loss) | 9901 | €76,020 | €121,392 | +€45,372 | +59.7% |
| Financial income | 75/76B | €2,297 | €9,522 | +€7,224 | +314% |
| Recurring financial income | 75 | €2,297 | €9,522 | +€7,224 | +314% |
| Financial charges | 65/66B | €8,880 | €25,930 | +€17,050 | +192% |
| Recurring financial charges | 65 | €8,880 | €25,930 | +€17,050 | +192% |
| Profit (loss) for the period before taxes | 9903 | €69,438 | €104,985 | +€35,547 | +51.2% |
| Income taxes | 67/77 | €16,194 | €32,773 | +€16,579 | +102% |
| Profit (loss) for the period | 9904 | €53,244 | €72,211 | +€18,968 | +35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €53,244 | €72,211 | +€18,968 | +35.6% |
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 24 October 2026 via checked.be.