HOFAMI: 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.
HOFAMI
Largest movements
- Financial fixed assets +€20,119
up €20,119 (+2.2%), from €933,568 to €953,687
- Receivables within one year -€11,000
down €11,000 (-84.3%), from €13,045 to €2,045
of which Trade receivables: -€11,000
- Other debts -€10,677
down €10,677 (-19.2%), from €55,691 to €45,014
- Financial income -€278,810
down €278,810 (-92.8%), from €300,546 to €21,736
- Gross operating margin -€6,085
down €6,085, from €4,394 to -€1,691
- Financial charges +€928
up €928 (+8.7%), from €10,697 to €11,625
- Taxes +€448
up €448 (+1,228%), from €37 to €485
- Other operating charges -€73
down €73 (-15.4%), from €472 to €400
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 | €1,049,798 | €1,057,958 | +€8,160 | +0.8% |
| Fixed assets | 21/28 | €933,568 | €953,687 | +€20,119 | +2.2% |
| Financial fixed assets | 28 | €933,568 | €953,687 | +€20,119 | +2.2% |
| Current assets | 29/58 | €116,230 | €104,271 | -€11,959 | -10.3% |
| Amounts receivable within one year | 40/41 | €13,045 | €2,045 | -€11,000 | -84.3% |
| Trade receivables | 40 | €11,000 | - | -€11,000 | |
| Other amounts receivable | 41 | €2,045 | €2,045 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €103,185 | €102,225 | -€959 | -0.9% |
| Total equity and liabilities | 10/49 | €1,049,798 | €1,057,958 | +€8,160 | +0.8% |
| Equity | 10/15 | €565,384 | €572,919 | +€7,535 | +1.3% |
| Contributions | 10/11 | €26,902 | €26,902 | = | 0.0% |
| Profit (loss) carried forward | 14 | €538,482 | €546,017 | +€7,535 | +1.4% |
| Amounts payable | 17/49 | €484,414 | €485,039 | +€625 | +0.1% |
| Amounts payable after more than one year | 17 | €425,459 | €433,274 | +€7,815 | +1.8% |
| Financial debts | 170/4 | €425,459 | €433,274 | +€7,815 | +1.8% |
| Amounts payable within one year | 42/48 | €58,955 | €51,765 | -€7,190 | -12.2% |
| Taxes, remuneration and social security | 45 | €3,264 | €6,751 | +€3,487 | +107% |
| Taxes | 450/3 | €3,264 | €6,751 | +€3,487 | +107% |
| Other amounts payable | 47/48 | €55,691 | €45,014 | -€10,677 | -19.2% |
| Other operating charges | 640/8 | €472 | €400 | -€73 | -15.4% |
| Gross operating margin | 9900 | €4,394 | -€1,691 | -€6,085 | |
| Operating profit (loss) | 9901 | €3,922 | -€2,091 | -€6,012 | |
| Financial income | 75/76B | €300,546 | €21,736 | -€278,810 | -92.8% |
| Recurring financial income | 75 | €300,546 | €21,736 | -€278,810 | -92.8% |
| Financial charges | 65/66B | €10,697 | €11,625 | +€928 | +8.7% |
| Recurring financial charges | 65 | €10,697 | €11,625 | +€928 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | €293,771 | €8,020 | -€285,751 | -97.3% |
| Income taxes | 67/77 | €37 | €485 | +€448 | +1,228% |
| Profit (loss) for the period | 9904 | €293,734 | €7,535 | -€286,199 | -97.4% |
| Profit (loss) for the period to be appropriated | 9905 | €293,734 | €7,535 | -€286,199 | -97.4% |
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 13 October 2026 via checked.be.