Hojate: 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.
Hojate
Largest movements
- Cash -€9,696
down €9,696 (-65.2%), from €14,872 to €5,176
mainly Net result for the year (-€22,165)
- Deferred charges and accrued income -€6,000
no longer reported in 2025 (was €6,000)
- Receivables within one year -€3,105
down €3,105 (-74.8%), from €4,152 to €1,048
- Tangible fixed assets -€1,572
down €1,572 (-44.5%), from €3,530 to €1,958
of which Plant, machinery and equipment: -€1,430
- Reserves -€20,514
no longer reported in 2025 (was €20,514)
- Profit (loss) carried forward -€1,651
new in 2025: -€1,651
- Other debts +€1,088
new in 2025: €1,088
- Trade debts +€705
up €705 (+29.0%), from €2,431 to €3,136
- Gross operating margin -€31,769
down €31,769, from €11,753 to -€20,016
- Other operating charges -€233
down €233 (-31.0%), from €753 to €520
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 | €28,945 | €8,572 | -€20,372 | -70.4% |
| Fixed assets | 21/28 | €3,920 | €2,348 | -€1,572 | -40.1% |
| Tangible fixed assets | 22/27 | €3,530 | €1,958 | -€1,572 | -44.5% |
| Plant, machinery and equipment | 23 | €3,389 | €1,958 | -€1,430 | -42.2% |
| Furniture and vehicles | 24 | €141 | €0 | -€141 | -100% |
| Financial fixed assets | 28 | €390 | €390 | = | 0.0% |
| Current assets | 29/58 | €25,025 | €6,224 | -€18,800 | -75.1% |
| Amounts receivable within one year | 40/41 | €4,152 | €1,048 | -€3,105 | -74.8% |
| Other amounts receivable | 41 | €4,152 | €1,048 | -€3,105 | -74.8% |
| Cash at bank and in hand | 54/58 | €14,872 | €5,176 | -€9,696 | -65.2% |
| Deferred charges and accrued income | 490/1 | €6,000 | - | -€6,000 | |
| Total equity and liabilities | 10/49 | €28,945 | €8,572 | -€20,372 | -70.4% |
| Equity | 10/15 | €26,514 | €4,349 | -€22,165 | -83.6% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €20,514 | - | -€20,514 | |
| Distributable reserves | 133 | €20,514 | - | -€20,514 | |
| Profit (loss) carried forward | 14 | - | -€1,651 | -€1,651 | |
| Amounts payable | 17/49 | €2,431 | €4,224 | +€1,793 | +73.7% |
| Amounts payable within one year | 42/48 | €2,431 | €4,224 | +€1,793 | +73.7% |
| Trade debts | 44 | €2,431 | €3,136 | +€705 | +29.0% |
| Suppliers | 440/4 | €2,431 | €3,136 | +€705 | +29.0% |
| Other amounts payable | 47/48 | - | €1,088 | +€1,088 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,361 | €1,500 | +€139 | +10.2% |
| Other operating charges | 640/8 | €753 | €520 | -€233 | -31.0% |
| Gross operating margin | 9900 | €11,753 | -€20,016 | -€31,769 | |
| Operating profit (loss) | 9901 | €9,640 | -€22,035 | -€31,675 | |
| Financial income | 75/76B | €24 | - | -€24 | |
| Recurring financial income | 75 | €24 | - | -€24 | |
| Financial charges | 65/66B | €104 | €130 | +€27 | +25.9% |
| Recurring financial charges | 65 | €104 | €130 | +€27 | +25.9% |
| Profit (loss) for the period before taxes | 9903 | €9,561 | -€22,165 | -€31,726 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €9,561 | -€22,165 | -€31,726 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,561 | -€22,165 | -€31,726 |
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 14 October 2026 via checked.be.