HOKA VETS: what changed
What changed
HOKA VETS
NACE 75.000, Veterinary services
filed annual accounts (NBB)
Net result for the year
€67,429
2024 · €68,461-€1,032
Equity
€328,385
2024 · €260,956+€67,429
Cash
€270,293
2024 · €99,979+€170,314
Balance sheet total
€368,629
2024 · €300,538+€68,091
Largest movements
Assets
- Cash +€170,314
up €170,314 (+170%), from €99,979 to €270,293
mainly Current investments (+€100,000) and Net result for the year (+€67,429)
- Current investments -€100,000
down €100,000 (-59.7%), from €167,475 to €67,475
Equity and liabilities
- Reserves +€67,429
up €67,429 (+27.8%), from €242,356 to €309,785
Income statement
- Gross operating margin -€2,280
down €2,280 (-2.1%), from €107,599 to €105,319
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€68,461
Gross operating margin
-€2,280
Depreciation
+€107
Other operating charges
-€52
Financial income
+€828
Financial charges
+€129
Taxes
+€236
Result 2025
€67,429
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€71,874
Investment
+€98,440
Financing
€0
Cash 2024
€99,979
From operations (derived)
+€71,874
Net result for the year
+€67,429
Depreciation
+€4,830
Stocks and contracts
-€2,965
Receivables within one year
+€2,173
Deferred charges and accrued income
-€256
Trade debts
-€1,822
Tax, wage and social debts
-€252
Other debts
+€2,735
Investment (derived)
+€98,440
Investment in fixed assets (net)
-€1,560
Current investments
+€100,000
Cash 2025
€270,293
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €300,538 | €368,629 | +€68,091 | +22.7% |
| Fixed assets | 21/28 | €20,437 | €17,167 | -€3,270 | -16.0% |
| Tangible fixed assets | 22/27 | €20,437 | €17,167 | -€3,270 | -16.0% |
| Plant, machinery and equipment | 23 | €20,437 | €17,167 | -€3,270 | -16.0% |
| Current assets | 29/58 | €280,101 | €351,462 | +€71,361 | +25.5% |
| Stocks and contracts in progress | 3 | €9,069 | €12,033 | +€2,965 | +32.7% |
| Stocks | 30/36 | €9,069 | €12,033 | +€2,965 | +32.7% |
| Amounts receivable within one year | 40/41 | €3,578 | €1,405 | -€2,173 | -60.7% |
| Trade receivables | 40 | €3,578 | €1,405 | -€2,173 | -60.7% |
| Current investments | 50/53 | €167,475 | €67,475 | -€100,000 | -59.7% |
| Cash at bank and in hand | 54/58 | €99,979 | €270,293 | +€170,314 | +170% |
| Deferred charges and accrued income | 490/1 | - | €256 | +€256 | |
| Total equity and liabilities | 10/49 | €300,538 | €368,629 | +€68,091 | +22.7% |
| Equity | 10/15 | €260,956 | €328,385 | +€67,429 | +25.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €242,356 | €309,785 | +€67,429 | +27.8% |
| Distributable reserves | 133 | €242,356 | €309,785 | +€67,429 | +27.8% |
| Amounts payable | 17/49 | €39,582 | €40,243 | +€662 | +1.7% |
| Amounts payable within one year | 42/48 | €39,582 | €40,243 | +€662 | +1.7% |
| Trade debts | 44 | €4,678 | €2,856 | -€1,822 | -38.9% |
| Suppliers | 440/4 | €4,678 | €2,856 | -€1,822 | -38.9% |
| Taxes, remuneration and social security | 45 | €5,512 | €5,260 | -€252 | -4.6% |
| Taxes | 450/3 | €5,512 | €5,260 | -€252 | -4.6% |
| Other amounts payable | 47/48 | €29,392 | €32,127 | +€2,735 | +9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,938 | €4,830 | -€107 | -2.2% |
| Other operating charges | 640/8 | €429 | €481 | +€52 | +12.1% |
| Gross operating margin | 9900 | €107,599 | €105,319 | -€2,280 | -2.1% |
| Operating profit (loss) | 9901 | €102,233 | €100,008 | -€2,225 | -2.2% |
| Financial income | 75/76B | €1,765 | €2,593 | +€828 | +46.9% |
| Recurring financial income | 75 | €1,765 | €2,593 | +€828 | +46.9% |
| Financial charges | 65/66B | €2,347 | €2,218 | -€129 | -5.5% |
| Recurring financial charges | 65 | €2,347 | €2,218 | -€129 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €101,651 | €100,382 | -€1,269 | -1.2% |
| Income taxes | 67/77 | €33,189 | €32,953 | -€236 | -0.7% |
| Profit (loss) for the period | 9904 | €68,461 | €67,429 | -€1,032 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €68,461 | €67,429 | -€1,032 | -1.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.