HOFMAN - BURO: 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.
HOFMAN - BURO
Largest movements
- Stocks and contracts +€8,163
up €8,163 (+281%), from €2,900 to €11,063
- Cash -€5,118
down €5,118 (-65.0%), from €7,868 to €2,750
mainly Tax, wage and social debts (-€17,010) and Stocks and contracts (-€8,163)
- Receivables within one year -€2,531
down €2,531 (-38.2%), from €6,625 to €4,094
- Tangible fixed assets +€230
new in 2025: €230
- Other debts +€23,605
up €23,605 (+102%), from €23,040 to €46,644
- Tax, wage and social debts -€17,010
down €17,010 (-91.4%), from €18,615 to €1,605
of which Remuneration and social security: -€15,686
- Trade debts -€5,039
down €5,039 (-58.5%), from €8,607 to €3,569
- Profit (loss) carried forward -€810
down €810 (-0.5%), from -€147,465 to -€148,274
- Gross operating margin -€4,515
down €4,515 (-60.6%), from -€7,456 to -€11,972
- Write-downs -€2,772
down €2,772 (-89.4%), from €3,100 to €328
- Other operating charges +€180
up €180 (+51.1%), from €352 to €531
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 | €17,482 | €18,228 | +€746 | +4.3% |
| Fixed assets | 21/28 | €15 | €245 | +€230 | +1,545% |
| Tangible fixed assets | 22/27 | - | €230 | +€230 | |
| Furniture and vehicles | 24 | - | €230 | +€230 | |
| Financial fixed assets | 28 | €15 | €15 | = | 0.0% |
| Current assets | 29/58 | €17,467 | €17,983 | +€516 | +3.0% |
| Stocks and contracts in progress | 3 | €2,900 | €11,063 | +€8,163 | +281% |
| Stocks | 30/36 | €2,900 | €11,063 | +€8,163 | +281% |
| Amounts receivable within one year | 40/41 | €6,625 | €4,094 | -€2,531 | -38.2% |
| Trade receivables | 40 | €6,625 | €4,094 | -€2,531 | -38.2% |
| Cash at bank and in hand | 54/58 | €7,868 | €2,750 | -€5,118 | -65.0% |
| Deferred charges and accrued income | 490/1 | €74 | €76 | +€2 | +3.0% |
| Total equity and liabilities | 10/49 | €17,482 | €18,228 | +€746 | +4.3% |
| Equity | 10/15 | -€32,780 | -€33,590 | -€810 | -2.5% |
| Contributions | 10/11 | €102,000 | €102,000 | = | 0.0% |
| Reserves | 13 | €12,684 | €12,684 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,942 | €6,942 | = | 0.0% |
| Distributable reserves | 133 | €5,742 | €5,742 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€147,465 | -€148,274 | -€810 | -0.5% |
| Amounts payable | 17/49 | €50,262 | €51,818 | +€1,556 | +3.1% |
| Amounts payable within one year | 42/48 | €50,262 | €51,818 | +€1,556 | +3.1% |
| Trade debts | 44 | €8,607 | €3,569 | -€5,039 | -58.5% |
| Suppliers | 440/4 | €8,607 | €3,569 | -€5,039 | -58.5% |
| Taxes, remuneration and social security | 45 | €18,615 | €1,605 | -€17,010 | -91.4% |
| Taxes | 450/3 | €1,579 | €255 | -€1,324 | -83.8% |
| Remuneration and social security | 454/9 | €17,036 | €1,350 | -€15,686 | -92.1% |
| Other amounts payable | 47/48 | €23,040 | €46,644 | +€23,605 | +102% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €30 | +€30 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,100 | €328 | -€2,772 | -89.4% |
| Other operating charges | 640/8 | €352 | €531 | +€180 | +51.1% |
| Gross operating margin | 9900 | -€7,456 | -€11,972 | -€4,515 | -60.6% |
| Operating profit (loss) | 9901 | -€10,908 | -€12,862 | -€1,954 | -17.9% |
| Financial income | 75/76B | €4 | €0 | -€4 | -89.5% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -89.5% |
| Financial charges | 65/66B | €70 | €69 | -€1 | -1.5% |
| Recurring financial charges | 65 | €70 | €69 | -€1 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | -€10,974 | -€12,930 | -€1,956 | -17.8% |
| Transfer from deferred taxes | 780 | - | €12,120 | +€12,120 | |
| Profit (loss) for the period | 9904 | -€10,974 | -€810 | +€10,164 | +92.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,974 | -€810 | +€10,164 | +92.6% |
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 29 October 2026 via checked.be.