HOGO SECURITY: 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.
HOGO SECURITY
Largest movements
- Receivables within one year +€5,788
up €5,788 (+554.0%), from €1,045 to €6,833
of which Trade receivables: +€6,833
- Tangible fixed assets -€4,695
down €4,695 (-91.8%), from €5,112 to €417
of which Furniture and vehicles: -€3,945
- Cash +€4,442
up €4,442 (+34.2%), from €12,985 to €17,427
mainly Depreciation (+€4,695) and Other debts (+€3,000)
- Other debts +€3,000
up €3,000 (+100.0%), from €3,000 to €6,000
- Profit (loss) carried forward +€1,832
up €1,832 (+44.9%), from -€4,081 to -€2,249
- Tax, wage and social debts +€796
up €796 (+49.0%), from €1,623 to €2,420
- Purchases and services -€21,054
down €21,054 (-55.4%), from €38,035 to €16,981
- Turnover -€20,123
down €20,123 (-43.0%), from €46,827 to €26,704
- Depreciation -€1,901
down €1,901 (-28.8%), from €6,596 to €4,695
- Gross operating margin +€931
up €931 (+10.6%), from €8,792 to €9,723
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 | €21,071 | €26,574 | +€5,503 | +26.1% |
| Fixed assets | 21/28 | €5,558 | €863 | -€4,695 | -84.5% |
| Tangible fixed assets | 22/27 | €5,112 | €417 | -€4,695 | -91.8% |
| Plant, machinery and equipment | 23 | €1,167 | €417 | -€750 | -64.3% |
| Furniture and vehicles | 24 | €3,945 | - | -€3,945 | |
| Financial fixed assets | 28 | €446 | €446 | = | 0.0% |
| Current assets | 29/58 | €15,513 | €25,711 | +€10,198 | +65.7% |
| Amounts receivable within one year | 40/41 | €1,045 | €6,833 | +€5,788 | +554.0% |
| Trade receivables | 40 | - | €6,833 | +€6,833 | |
| Other amounts receivable | 41 | €1,045 | - | -€1,045 | |
| Cash at bank and in hand | 54/58 | €12,985 | €17,427 | +€4,442 | +34.2% |
| Deferred charges and accrued income | 490/1 | €1,483 | €1,451 | -€32 | -2.2% |
| Total equity and liabilities | 10/49 | €21,071 | €26,574 | +€5,503 | +26.1% |
| Equity | 10/15 | €15,632 | €17,465 | +€1,832 | +11.7% |
| Contributions | 10/11 | €19,600 | €19,600 | = | 0.0% |
| Reserves | 13 | €113 | €113 | = | 0.0% |
| Non-distributable reserves | 130/1 | €113 | €113 | = | 0.0% |
| Reserves not available under the articles | 1311 | €113 | €113 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,081 | -€2,249 | +€1,832 | +44.9% |
| Amounts payable | 17/49 | €5,438 | €9,109 | +€3,671 | +67.5% |
| Amounts payable within one year | 42/48 | €5,438 | €9,109 | +€3,671 | +67.5% |
| Trade debts | 44 | €815 | €689 | -€126 | -15.4% |
| Suppliers | 440/4 | €815 | €689 | -€126 | -15.4% |
| Taxes, remuneration and social security | 45 | €1,623 | €2,420 | +€796 | +49.0% |
| Taxes | 450/3 | €1,623 | €2,420 | +€796 | +49.0% |
| Other amounts payable | 47/48 | €3,000 | €6,000 | +€3,000 | +100.0% |
| Turnover | 70 | €46,827 | €26,704 | -€20,123 | -43.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €38,035 | €16,981 | -€21,054 | -55.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,596 | €4,695 | -€1,901 | -28.8% |
| Other operating charges | 640/8 | €904 | €532 | -€372 | -41.2% |
| Gross operating margin | 9900 | €8,792 | €9,723 | +€931 | +10.6% |
| Operating profit (loss) | 9901 | €1,292 | €4,496 | +€3,204 | +248.0% |
| Financial charges | 65/66B | €695 | €635 | -€60 | -8.6% |
| Recurring financial charges | 65 | €695 | €635 | -€60 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €596 | €3,861 | +€3,264 | +547.4% |
| Income taxes | 67/77 | €1,623 | €2,028 | +€405 | +24.9% |
| Profit (loss) for the period | 9904 | -€1,027 | €1,832 | +€2,859 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,027 | €1,832 | +€2,859 |
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 9 October 2026 via checked.be.