HOFWEIDE: 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.
HOFWEIDE
Largest movements
- Receivables within one year -€6,020
down €6,020 (-27.7%), from €21,771 to €15,751
of which Trade receivables: -€6,243
- Cash -€1,706
down €1,706 (-62.8%), from €2,716 to €1,010
mainly Tax, wage and social debts (-€5,174) and Accrued charges and deferred income (-€4,670)
- Tax, wage and social debts -€5,174
down €5,174 (-41.2%), from €12,543 to €7,370
of which Remuneration and social security: -€5,173
- Accrued charges and deferred income -€4,670
down €4,670 (-97.0%), from €4,812 to €142
- Trade debts +€3,129
up €3,129 (+25.2%), from €12,408 to €15,536
- Other debts -€1,792
down €1,792 (-4.7%), from €38,206 to €36,415
- Other operating charges -€1,333
down €1,333 (-20.4%), from €6,548 to €5,216
- Gross operating margin -€1,019
down €1,019 (-14.0%), from €7,298 to €6,279
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 | €163,200 | €155,224 | -€7,977 | -4.9% |
| Fixed assets | 21/28 | €77,882 | €76,736 | -€1,145 | -1.5% |
| Tangible fixed assets | 22/27 | €77,882 | €76,736 | -€1,145 | -1.5% |
| Land and buildings | 22 | €75,517 | €75,291 | -€226 | -0.3% |
| Plant, machinery and equipment | 23 | €2,365 | €1,446 | -€919 | -38.9% |
| Current assets | 29/58 | €85,319 | €78,487 | -€6,832 | -8.0% |
| Amounts receivable after more than one year | 29 | €35,000 | €35,000 | = | 0.0% |
| Other amounts receivable | 291 | €35,000 | €35,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €14,000 | €15,500 | +€1,500 | +10.7% |
| Stocks | 30/36 | €14,000 | €15,500 | +€1,500 | +10.7% |
| Amounts receivable within one year | 40/41 | €21,771 | €15,751 | -€6,020 | -27.7% |
| Trade receivables | 40 | €12,522 | €6,279 | -€6,243 | -49.9% |
| Other amounts receivable | 41 | €9,249 | €9,472 | +€223 | +2.4% |
| Cash at bank and in hand | 54/58 | €2,716 | €1,010 | -€1,706 | -62.8% |
| Deferred charges and accrued income | 490/1 | €11,832 | €11,226 | -€606 | -5.1% |
| Total equity and liabilities | 10/49 | €163,200 | €155,224 | -€7,977 | -4.9% |
| Equity | 10/15 | €95,231 | €95,761 | +€530 | +0.6% |
| 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 | €27,031 | €27,561 | +€530 | +2.0% |
| Amounts payable | 17/49 | €67,969 | €59,462 | -€8,507 | -12.5% |
| Amounts payable within one year | 42/48 | €63,157 | €59,320 | -€3,837 | -6.1% |
| Trade debts | 44 | €12,408 | €15,536 | +€3,129 | +25.2% |
| Suppliers | 440/4 | €12,408 | €15,536 | +€3,129 | +25.2% |
| Taxes, remuneration and social security | 45 | €12,543 | €7,370 | -€5,174 | -41.2% |
| Taxes | 450/3 | €1,215 | €1,215 | -€0 | 0.0% |
| Remuneration and social security | 454/9 | €11,328 | €6,155 | -€5,173 | -45.7% |
| Other amounts payable | 47/48 | €38,206 | €36,415 | -€1,792 | -4.7% |
| Accrued charges and deferred income | 492/3 | €4,812 | €142 | -€4,670 | -97.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,180 | €1,145 | -€35 | -3.0% |
| Other operating charges | 640/8 | €6,548 | €5,216 | -€1,333 | -20.4% |
| Gross operating margin | 9900 | €7,298 | €6,279 | -€1,019 | -14.0% |
| Operating profit (loss) | 9901 | -€431 | -€82 | +€349 | +80.9% |
| Financial income | 75/76B | €1,040 | €1,023 | -€16 | -1.6% |
| Recurring financial income | 75 | €1,040 | €1,023 | -€16 | -1.6% |
| Financial charges | 65/66B | €219 | €256 | +€37 | +16.8% |
| Recurring financial charges | 65 | €219 | €256 | +€37 | +16.8% |
| Profit (loss) for the period before taxes | 9903 | €390 | €685 | +€295 | +75.8% |
| Income taxes | 67/77 | €88 | €155 | +€67 | +76.6% |
| Profit (loss) for the period | 9904 | €302 | €530 | +€228 | +75.6% |
| Profit (loss) for the period to be appropriated | 9905 | €302 | €530 | +€228 | +75.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.