HOJM²: 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.
HOJM²
Largest movements
- Cash -€25,047
down €25,047 (-31.2%), from €80,294 to €55,247
mainly Other debts (-€50,000) and Trade debts (-€1,038)
- Tangible fixed assets -€9,989
down €9,989 (-5.3%), from €187,737 to €177,748
- Other debts -€50,000
down €50,000 (-33.5%), from €149,288 to €99,288
- Profit (loss) carried forward +€12,088
up €12,088 (+943.1%), from €1,282 to €13,370
- Tax, wage and social debts +€3,934
up €3,934 (+843.1%), from €467 to €4,400
- Gross operating margin +€6,636
up €6,636 (+30.3%), from €21,867 to €28,503
- Taxes +€3,934
up €3,934 (+843.1%), from €467 to €4,400
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €268,398 | €233,382 | -€35,016 | -13.0% |
| Fixed assets | 21/28 | €187,737 | €177,748 | -€9,989 | -5.3% |
| Tangible fixed assets | 22/27 | €187,737 | €177,748 | -€9,989 | -5.3% |
| Land and buildings | 22 | €187,737 | €177,748 | -€9,989 | -5.3% |
| Current assets | 29/58 | €80,661 | €55,634 | -€25,027 | -31.0% |
| Cash at bank and in hand | 54/58 | €80,294 | €55,247 | -€25,047 | -31.2% |
| Deferred charges and accrued income | 490/1 | €367 | €388 | +€20 | +5.5% |
| Total equity and liabilities | 10/49 | €268,398 | €233,382 | -€35,016 | -13.0% |
| Equity | 10/15 | €101,282 | €113,370 | +€12,088 | +11.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,282 | €13,370 | +€12,088 | +943.1% |
| Amounts payable | 17/49 | €167,116 | €120,012 | -€47,104 | -28.2% |
| Amounts payable within one year | 42/48 | €150,792 | €103,688 | -€47,104 | -31.2% |
| Trade debts | 44 | €1,038 | - | -€1,038 | |
| Suppliers | 440/4 | €1,038 | - | -€1,038 | |
| Taxes, remuneration and social security | 45 | €467 | €4,400 | +€3,934 | +843.1% |
| Taxes | 450/3 | €467 | €4,400 | +€3,934 | +843.1% |
| Other amounts payable | 47/48 | €149,288 | €99,288 | -€50,000 | -33.5% |
| Accrued charges and deferred income | 492/3 | €16,324 | €16,324 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,989 | €9,989 | = | 0.0% |
| Other operating charges | 640/8 | €1,886 | €1,949 | +€64 | +3.4% |
| Gross operating margin | 9900 | €21,867 | €28,503 | +€6,636 | +30.3% |
| Operating profit (loss) | 9901 | €9,993 | €16,565 | +€6,573 | +65.8% |
| Financial charges | 65/66B | €72 | €77 | +€5 | +6.3% |
| Recurring financial charges | 65 | €72 | €77 | +€5 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | €9,921 | €16,489 | +€6,568 | +66.2% |
| Income taxes | 67/77 | €467 | €4,400 | +€3,934 | +843.1% |
| Profit (loss) for the period | 9904 | €9,454 | €12,088 | +€2,634 | +27.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,454 | €12,088 | +€2,634 | +27.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.