HOFFMANN AG: 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.
HOFFMANN AG
Largest movements
- Tangible fixed assets -€104,363
down €104,363 (-20.9%), from €498,330 to €393,967
of which Land and buildings: -€97,615
- Receivables within one year +€78,426
up €78,426 (+48.9%), from €160,369 to €238,795
of which Trade receivables: +€53,921
- Stocks and contracts +€41,401
up €41,401 (+8.6%), from €479,471 to €520,872
- Profit (loss) carried forward +€66,274
up €66,274 (+6.8%), from €977,221 to €1.0m
- Current portion of long-term debt -€22,533
down €22,533 (-64.2%), from €35,077 to €12,544
- Trade debts -€22,274
down €22,274 (-73.5%), from €30,324 to €8,050
- Gross operating margin -€36,729
down €36,729 (-8.3%), from €444,829 to €408,100
- Financial income +€14,026
new in 2024: €14,026
- Taxes -€5,986
down €5,986 (-19.4%), from €30,780 to €24,794
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,030,113 | €2,041,116 | +€11,003 | +0.5% |
| Fixed assets | 21/28 | €498,330 | €393,967 | -€104,363 | -20.9% |
| Tangible fixed assets | 22/27 | €498,330 | €393,967 | -€104,363 | -20.9% |
| Land and buildings | 22 | €475,019 | €377,404 | -€97,615 | -20.5% |
| Furniture and vehicles | 24 | €23,311 | €16,563 | -€6,748 | -28.9% |
| Current assets | 29/58 | €1,531,783 | €1,647,149 | +€115,366 | +7.5% |
| Stocks and contracts in progress | 3 | €479,471 | €520,872 | +€41,401 | +8.6% |
| Stocks | 30/36 | €479,471 | €520,872 | +€41,401 | +8.6% |
| Amounts receivable within one year | 40/41 | €160,369 | €238,795 | +€78,426 | +48.9% |
| Trade receivables | 40 | €96,530 | €150,451 | +€53,921 | +55.9% |
| Other amounts receivable | 41 | €63,839 | €88,344 | +€24,505 | +38.4% |
| Cash at bank and in hand | 54/58 | €888,969 | €886,246 | -€2,723 | -0.3% |
| Deferred charges and accrued income | 490/1 | €2,974 | €1,236 | -€1,738 | -58.4% |
| Total equity and liabilities | 10/49 | €2,030,113 | €2,041,116 | +€11,003 | +0.5% |
| Equity | 10/15 | €1,045,421 | €1,111,695 | +€66,274 | +6.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €977,221 | €1,043,495 | +€66,274 | +6.8% |
| Amounts payable | 17/49 | €984,692 | €929,421 | -€55,271 | -5.6% |
| Amounts payable after more than one year | 17 | €14,720 | - | -€14,720 | |
| Financial debts | 170/4 | €14,720 | - | -€14,720 | |
| Amounts payable within one year | 42/48 | €959,959 | €913,505 | -€46,454 | -4.8% |
| Current portion of amounts payable after more than one year | 42 | €35,077 | €12,544 | -€22,533 | -64.2% |
| Trade debts | 44 | €30,324 | €8,050 | -€22,274 | -73.5% |
| Suppliers | 440/4 | €30,324 | €8,050 | -€22,274 | -73.5% |
| Taxes, remuneration and social security | 45 | €98,112 | €86,753 | -€11,359 | -11.6% |
| Taxes | 450/3 | €61,140 | €51,366 | -€9,774 | -16.0% |
| Remuneration and social security | 454/9 | €36,972 | €35,387 | -€1,585 | -4.3% |
| Other amounts payable | 47/48 | €796,446 | €806,158 | +€9,712 | +1.2% |
| Accrued charges and deferred income | 492/3 | €10,013 | €15,916 | +€5,903 | +59.0% |
| Remuneration, social security and pensions | 62 | €190,375 | €190,702 | +€327 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,364 | €104,363 | -€1 | 0.0% |
| Other operating charges | 640/8 | €18,069 | €18,931 | +€862 | +4.8% |
| Gross operating margin | 9900 | €444,829 | €408,100 | -€36,729 | -8.3% |
| Operating profit (loss) | 9901 | €132,021 | €94,104 | -€37,917 | -28.7% |
| Financial income | 75/76B | - | €14,026 | +€14,026 | |
| Recurring financial income | 75 | - | €14,026 | +€14,026 | |
| Financial charges | 65/66B | €17,750 | €17,063 | -€687 | -3.9% |
| Recurring financial charges | 65 | €17,750 | €17,063 | -€687 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €114,271 | €91,067 | -€23,204 | -20.3% |
| Income taxes | 67/77 | €30,780 | €24,794 | -€5,986 | -19.4% |
| Profit (loss) for the period | 9904 | €83,491 | €66,273 | -€17,218 | -20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €83,491 | €66,273 | -€17,218 | -20.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.