HOHO GEOFFREY: 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.
HOHO GEOFFREY
Largest movements
- Cash -€22,740
down €22,740 (-29.4%), from €77,466 to €54,726
mainly Net result for the year (-€27,478) and Debts after one year (-€15,906)
- Receivables within one year -€15,100
down €15,100 (-69.6%), from €21,694 to €6,594
of which Other amounts receivable: -€12,991
- Tangible fixed assets -€15,000
down €15,000 (-21.6%), from €69,493 to €54,493
of which Plant, machinery and equipment: -€15,000
- Stocks and contracts +€3,216
up €3,216 (+6.7%), from €47,662 to €50,878
- Deferred charges and accrued income +€3,106
new in 2025: €3,106
- Profit (loss) carried forward -€27,478
down €27,478, from €8,596 to -€18,882
- Debts after one year -€15,906
down €15,906 (-16.0%), from €99,281 to €83,375
- Tax, wage and social debts -€9,013
down €9,013 (-25.8%), from €34,951 to €25,938
of which Remuneration and social security: -€4,905
- Trade debts +€4,828
up €4,828 (+7.3%), from €66,092 to €70,920
- Staff costs +€23,600
up €23,600 (+51.5%), from €45,824 to €69,424
- Depreciation +€9,493
up €9,493 (+172%), from €5,507 to €15,000
- Financial charges +€3,187
up €3,187 (+188%), from €1,695 to €4,882
- Gross operating margin +€864
up €864 (+1.4%), from €61,767 to €62,631
- Other operating charges +€700
up €700 (+480%), from €146 to €846
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 | €216,315 | €169,796 | -€46,518 | -21.5% |
| Fixed assets | 21/28 | €69,493 | €54,493 | -€15,000 | -21.6% |
| Tangible fixed assets | 22/27 | €69,493 | €54,493 | -€15,000 | -21.6% |
| Plant, machinery and equipment | 23 | €69,493 | €54,493 | -€15,000 | -21.6% |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Current assets | 29/58 | €146,821 | €115,303 | -€31,518 | -21.5% |
| Stocks and contracts in progress | 3 | €47,662 | €50,878 | +€3,216 | +6.7% |
| Stocks | 30/36 | €47,662 | €50,878 | +€3,216 | +6.7% |
| Amounts receivable within one year | 40/41 | €21,694 | €6,594 | -€15,100 | -69.6% |
| Trade receivables | 40 | €6,298 | €4,189 | -€2,109 | -33.5% |
| Other amounts receivable | 41 | €15,396 | €2,404 | -€12,991 | -84.4% |
| Cash at bank and in hand | 54/58 | €77,466 | €54,726 | -€22,740 | -29.4% |
| Deferred charges and accrued income | 490/1 | - | €3,106 | +€3,106 | |
| Total equity and liabilities | 10/49 | €216,315 | €169,796 | -€46,518 | -21.5% |
| Equity | 10/15 | €10,596 | -€16,882 | -€27,478 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,596 | -€18,882 | -€27,478 | |
| Amounts payable | 17/49 | €205,719 | €186,679 | -€19,040 | -9.3% |
| Amounts payable after more than one year | 17 | €99,281 | €83,375 | -€15,906 | -16.0% |
| Trade debts | 175 | €99,281 | €83,375 | -€15,906 | -16.0% |
| Amounts payable within one year | 42/48 | €106,438 | €103,304 | -€3,134 | -2.9% |
| Trade debts | 44 | €66,092 | €70,920 | +€4,828 | +7.3% |
| Suppliers | 440/4 | €66,092 | €70,920 | +€4,828 | +7.3% |
| Taxes, remuneration and social security | 45 | €34,951 | €25,938 | -€9,013 | -25.8% |
| Taxes | 450/3 | €12,234 | €8,126 | -€4,108 | -33.6% |
| Remuneration and social security | 454/9 | €22,717 | €17,812 | -€4,905 | -21.6% |
| Other amounts payable | 47/48 | €5,395 | €6,446 | +€1,051 | +19.5% |
| Remuneration, social security and pensions | 62 | €45,824 | €69,424 | +€23,600 | +51.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,507 | €15,000 | +€9,493 | +172% |
| Other operating charges | 640/8 | €146 | €846 | +€700 | +480% |
| Gross operating margin | 9900 | €61,767 | €62,631 | +€864 | +1.4% |
| Operating profit (loss) | 9901 | €10,291 | -€22,639 | -€32,929 | |
| Financial income | 75/76B | €0 | €80 | +€79 | +16,500% |
| Recurring financial income | 75 | €0 | €80 | +€79 | +16,500% |
| Financial charges | 65/66B | €1,695 | €4,882 | +€3,187 | +188% |
| Recurring financial charges | 65 | €1,695 | €4,882 | +€3,187 | +188% |
| Profit (loss) for the period before taxes | 9903 | €8,596 | -€27,441 | -€36,037 | |
| Income taxes | 67/77 | - | €38 | +€38 | |
| Profit (loss) for the period | 9904 | €8,596 | -€27,478 | -€36,075 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,596 | -€27,478 | -€36,075 |
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 26 October 2026 via checked.be.