HOF VAN LIER: 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 LIER
Largest movements
- Tangible fixed assets -€50,730
down €50,730 (-8.9%), from €571,202 to €520,472
of which Other tangible fixed assets: -€44,770
- Receivables within one year +€13,838
up €13,838 (+35.2%), from €39,352 to €53,190
of which Trade receivables: +€11,652
- Other debts +€237,367
up €237,367 (+38.4%), from €618,923 to €856,290
- Profit (loss) carried forward -€168,022
down €168,022 (-18.1%), from -€928,947 to -€1.1m
- Debts after one year -€71,717
down €71,717 (-11.5%), from €623,067 to €551,350
of which Financial debts: -€71,717
- Trade debts -€17,876
down €17,876 (-10.8%), from €165,962 to €148,086
- Tax, wage and social debts -€17,207
no longer reported in 2025 (was €17,207)
of which Remuneration and social security: -€15,596
- Depreciation +€50,730
new in 2025: €50,730
- Staff costs +€11,236
up €11,236 (+16.9%), from €66,590 to €77,827
- Gross operating margin -€4,580
down €4,580 (-19.1%), from -€23,952 to -€28,532
- Other operating charges -€2,293
down €2,293 (-41.1%), from €5,581 to €3,288
- Financial charges -€854
down €854 (-9.3%), from €9,201 to €8,347
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 | €611,519 | €574,074 | -€37,445 | -6.1% |
| Fixed assets | 21/28 | €572,130 | €520,630 | -€51,500 | -9.0% |
| Tangible fixed assets | 22/27 | €571,202 | €520,472 | -€50,730 | -8.9% |
| Plant, machinery and equipment | 23 | €8,076 | €5,567 | -€2,508 | -31.1% |
| Furniture and vehicles | 24 | €9,873 | €6,421 | -€3,452 | -35.0% |
| Other tangible fixed assets | 26 | €553,253 | €508,484 | -€44,770 | -8.1% |
| Financial fixed assets | 28 | €928 | €158 | -€770 | -83.0% |
| Current assets | 29/58 | €39,389 | €53,444 | +€14,055 | +35.7% |
| Amounts receivable within one year | 40/41 | €39,352 | €53,190 | +€13,838 | +35.2% |
| Trade receivables | 40 | €38,762 | €50,414 | +€11,652 | +30.1% |
| Other amounts receivable | 41 | €590 | €2,776 | +€2,187 | +371% |
| Cash at bank and in hand | 54/58 | €37 | €254 | +€217 | +579% |
| Total equity and liabilities | 10/49 | €611,519 | €574,074 | -€37,445 | -6.1% |
| Equity | 10/15 | -€910,347 | -€1,078,369 | -€168,022 | -18.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€928,947 | -€1,096,969 | -€168,022 | -18.1% |
| Amounts payable | 17/49 | €1,521,866 | €1,652,443 | +€130,577 | +8.6% |
| Amounts payable after more than one year | 17 | €623,067 | €551,350 | -€71,717 | -11.5% |
| Financial debts | 170/4 | €123,067 | €51,350 | -€71,717 | -58.3% |
| Other amounts payable | 178/9 | €500,000 | €500,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €898,336 | €1,101,093 | +€202,757 | +22.6% |
| Current portion of amounts payable after more than one year | 42 | €96,182 | €96,717 | +€535 | +0.6% |
| Financial debts | 43 | €62 | - | -€62 | |
| Credit institutions | 430/8 | €62 | - | -€62 | |
| Trade debts | 44 | €165,962 | €148,086 | -€17,876 | -10.8% |
| Suppliers | 440/4 | €165,962 | €148,086 | -€17,876 | -10.8% |
| Taxes, remuneration and social security | 45 | €17,207 | - | -€17,207 | |
| Taxes | 450/3 | €1,611 | - | -€1,611 | |
| Remuneration and social security | 454/9 | €15,596 | - | -€15,596 | |
| Other amounts payable | 47/48 | €618,923 | €856,290 | +€237,367 | +38.4% |
| Accrued charges and deferred income | 492/3 | €464 | - | -€464 | |
| Remuneration, social security and pensions | 62 | €66,590 | €77,827 | +€11,236 | +16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €50,730 | +€50,730 | |
| Other operating charges | 640/8 | €5,581 | €3,288 | -€2,293 | -41.1% |
| Gross operating margin | 9900 | -€23,952 | -€28,532 | -€4,580 | -19.1% |
| Operating profit (loss) | 9901 | -€96,124 | -€160,377 | -€64,253 | -66.8% |
| Financial income | 75/76B | - | €702 | +€702 | |
| Recurring financial income | 75 | - | €702 | +€702 | |
| Financial charges | 65/66B | €9,201 | €8,347 | -€854 | -9.3% |
| Recurring financial charges | 65 | €9,201 | €8,347 | -€854 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | -€105,325 | -€168,022 | -€62,697 | -59.5% |
| Profit (loss) for the period | 9904 | -€105,325 | -€168,022 | -€62,697 | -59.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€105,325 | -€168,022 | -€62,697 | -59.5% |
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 20 October 2026 via checked.be.