HOFFELIJK: what changed
Two fiscal 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.
HOFFELIJK
Largest movements
- Tangible fixed assets -€22,947
down €22,947 (-11.5%), from €199,528 to €176,581
of which Furniture and vehicles: -€23,625
- Receivables within one year -€9,664
down €9,664 (-11.0%), from €87,868 to €78,204
of which Trade receivables: -€33,103
- Cash +€8,338
up €8,338 (+53.5%), from €15,579 to €23,917
mainly Depreciation (+€87,492) and Receivables within one year (+€9,664)
- Trade debts -€14,682
down €14,682 (-19.7%), from €74,429 to €59,747
- Profit (loss) carried forward -€8,987
no longer reported in 2025 (was €8,987)
- Tax, wage and social debts -€4,267
down €4,267 (-35.5%), from €12,037 to €7,769
of which Taxes: -€3,512
- Other debts +€3,501
up €3,501 (+35.7%), from €9,799 to €13,300
- Gross operating margin -€34,748
down €34,748 (-23.6%), from €146,939 to €112,191
- Depreciation +€31,037
up €31,037 (+55.0%), from €56,455 to €87,492
- Staff costs -€29,330
down €29,330 (-76.9%), from €38,122 to €8,792
- Taxes -€10,357
down €10,357 (-86.9%), from €11,916 to €1,559
- Financial charges +€2,342
up €2,342 (+53.4%), from €4,384 to €6,726
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.
Cash bridge derived
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 | €327,239 | €305,890 | -€21,349 | -6.5% |
| Fixed assets | 21/28 | €199,628 | €176,777 | -€22,851 | -11.4% |
| Tangible fixed assets | 22/27 | €199,528 | €176,581 | -€22,947 | -11.5% |
| Land and buildings | 22 | €30,000 | €30,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €52,061 | €52,739 | +€678 | +1.3% |
| Furniture and vehicles | 24 | €117,467 | €93,842 | -€23,625 | -20.1% |
| Financial fixed assets | 28 | €100 | €197 | +€97 | +96.8% |
| Current assets | 29/58 | €127,611 | €129,113 | +€1,502 | +1.2% |
| Amounts receivable after more than one year | 29 | €24,000 | €24,000 | = | 0.0% |
| Other amounts receivable | 291 | €24,000 | €24,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €87,868 | €78,204 | -€9,664 | -11.0% |
| Trade receivables | 40 | €87,042 | €53,938 | -€33,103 | -38.0% |
| Other amounts receivable | 41 | €826 | €24,266 | +€23,440 | +2836.6% |
| Cash at bank and in hand | 54/58 | €15,579 | €23,917 | +€8,338 | +53.5% |
| Deferred charges and accrued income | 490/1 | €164 | €2,992 | +€2,828 | +1722.8% |
| Total equity and liabilities | 10/49 | €327,239 | €305,890 | -€21,349 | -6.5% |
| Equity | 10/15 | €116,677 | €107,690 | -€8,987 | -7.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €101,490 | €101,490 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €99,630 | €99,630 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,987 | - | -€8,987 | |
| Amounts payable | 17/49 | €210,562 | €198,200 | -€12,362 | -5.9% |
| Amounts payable after more than one year | 17 | €75,862 | €78,741 | +€2,879 | +3.8% |
| Financial debts | 170/4 | - | €27,501 | +€27,501 | |
| Other amounts payable | 178/9 | €75,862 | €51,240 | -€24,622 | -32.5% |
| Amounts payable within one year | 42/48 | €134,700 | €119,459 | -€15,241 | -11.3% |
| Current portion of amounts payable after more than one year | 42 | €38,435 | €38,642 | +€207 | +0.5% |
| Trade debts | 44 | €74,429 | €59,747 | -€14,682 | -19.7% |
| Suppliers | 440/4 | €74,429 | €59,747 | -€14,682 | -19.7% |
| Taxes, remuneration and social security | 45 | €12,037 | €7,769 | -€4,267 | -35.5% |
| Taxes | 450/3 | €8,593 | €5,081 | -€3,512 | -40.9% |
| Remuneration and social security | 454/9 | €3,443 | €2,688 | -€755 | -21.9% |
| Other amounts payable | 47/48 | €9,799 | €13,300 | +€3,501 | +35.7% |
| Remuneration, social security and pensions | 62 | €38,122 | €8,792 | -€29,330 | -76.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,455 | €87,492 | +€31,037 | +55.0% |
| Other operating charges | 640/8 | €3,184 | €3,422 | +€238 | +7.5% |
| Gross operating margin | 9900 | €146,939 | €112,191 | -€34,748 | -23.6% |
| Operating profit (loss) | 9901 | €49,178 | €12,485 | -€36,693 | -74.6% |
| Financial income | 75/76B | €38 | €114 | +€76 | +200.1% |
| Recurring financial income | 75 | €38 | €114 | +€76 | +200.1% |
| Financial charges | 65/66B | €4,384 | €6,726 | +€2,342 | +53.4% |
| Recurring financial charges | 65 | €4,384 | €6,726 | +€2,342 | +53.4% |
| Profit (loss) for the period before taxes | 9903 | €44,832 | €5,872 | -€38,960 | -86.9% |
| Income taxes | 67/77 | €11,916 | €1,559 | -€10,357 | -86.9% |
| Profit (loss) for the period | 9904 | €32,916 | €4,313 | -€28,603 | -86.9% |
| Profit (loss) for the period to be appropriated | 9905 | €32,916 | €4,313 | -€28,603 | -86.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.