Hoko: what changed
Hoko
Largest movements
- Receivables after one year +€560,533
up €560,533 (+580%), from €96,714 to €657,247
of which Other amounts receivable: +€657,247
- Receivables within one year -€47,319
down €47,319 (-36.3%), from €130,325 to €83,006
of which Other amounts receivable: -€72,497
- Cash -€29,141
down €29,141 (-65.1%), from €44,781 to €15,640
mainly Receivables after one year (-€560,533) and Tax, wage and social debts (-€32,679)
- Financial fixed assets +€14,092
up €14,092 (+20.9%), from €67,500 to €81,592
- Debts after one year +€181,128
up €181,128 (+175%), from €103,757 to €284,885
- Reserves +€154,505
up €154,505 (+72.1%), from €214,415 to €368,919
of which Tax-exempt reserves: +€84,200
- Short-term financial debts +€150,000
new in 2024: €150,000
- Tax, wage and social debts -€32,679
down €32,679 (-55.3%), from €59,058 to €26,379
- Current portion of long-term debt +€26,784
up €26,784 (+222%), from €12,087 to €38,872
- Financial income -€16,575
down €16,575 (-100.0%), from €16,575 to €0
- Gross operating margin -€16,474
down €16,474 (-7.2%), from €229,288 to €212,814
- Taxes -€4,617
down €4,617 (-8.8%), from €52,579 to €47,962
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €408,119 | €897,837 | +€489,718 | +120% |
| Fixed assets | 21/28 | €136,299 | €141,944 | +€5,645 | +4.1% |
| Tangible fixed assets | 22/27 | €68,799 | €60,352 | -€8,447 | -12.3% |
| Land and buildings | 22 | €37,039 | €37,039 | = | 0.0% |
| Furniture and vehicles | 24 | €16,970 | €13,134 | -€3,836 | -22.6% |
| Other tangible fixed assets | 26 | €14,790 | €10,179 | -€4,611 | -31.2% |
| Financial fixed assets | 28 | €67,500 | €81,592 | +€14,092 | +20.9% |
| Current assets | 29/58 | €271,820 | €755,893 | +€484,073 | +178% |
| Amounts receivable after more than one year | 29 | €96,714 | €657,247 | +€560,533 | +580% |
| Trade receivables | 290 | €96,714 | - | -€96,714 | |
| Other amounts receivable | 291 | €0 | €657,247 | +€657,247 | |
| Amounts receivable within one year | 40/41 | €130,325 | €83,006 | -€47,319 | -36.3% |
| Trade receivables | 40 | €31,074 | €56,253 | +€25,179 | +81.0% |
| Other amounts receivable | 41 | €99,251 | €26,754 | -€72,497 | -73.0% |
| Cash at bank and in hand | 54/58 | €44,781 | €15,640 | -€29,141 | -65.1% |
| Total equity and liabilities | 10/49 | €408,119 | €897,837 | +€489,718 | +120% |
| Equity | 10/15 | €233,015 | €387,470 | +€154,455 | +66.3% |
| Contributions | 10/11 | €18,600 | €18,551 | -€49 | -0.3% |
| Reserves | 13 | €214,415 | €368,919 | +€154,505 | +72.1% |
| Tax-exempt reserves | 132 | - | €84,200 | +€84,200 | |
| Distributable reserves | 133 | €214,415 | €284,719 | +€70,305 | +32.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €175,104 | €510,367 | +€335,263 | +191% |
| Amounts payable after more than one year | 17 | €103,757 | €284,885 | +€181,128 | +175% |
| Financial debts | 170/4 | €103,757 | €284,885 | +€181,128 | +175% |
| Amounts payable within one year | 42/48 | €71,347 | €225,482 | +€154,134 | +216% |
| Current portion of amounts payable after more than one year | 42 | €12,087 | €38,872 | +€26,784 | +222% |
| Financial debts | 43 | - | €150,000 | +€150,000 | |
| Other loans | 439 | - | €150,000 | +€150,000 | |
| Trade debts | 44 | €202 | €6,777 | +€6,575 | +3,251% |
| Suppliers | 440/4 | €202 | €6,777 | +€6,575 | +3,251% |
| Taxes, remuneration and social security | 45 | €59,058 | €26,379 | -€32,679 | -55.3% |
| Taxes | 450/3 | €59,058 | €26,379 | -€32,679 | -55.3% |
| Other amounts payable | 47/48 | €0 | €3,454 | +€3,454 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,447 | €8,447 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,782 | €274 | -€1,508 | -84.6% |
| Gross operating margin | 9900 | €229,288 | €212,814 | -€16,474 | -7.2% |
| Operating profit (loss) | 9901 | €219,059 | €204,093 | -€14,966 | -6.8% |
| Financial income | 75/76B | €16,575 | €0 | -€16,575 | -100.0% |
| Recurring financial income | 75 | €16,575 | €0 | -€16,575 | -100.0% |
| Financial charges | 65/66B | €192 | €1,627 | +€1,435 | +747% |
| Recurring financial charges | 65 | €192 | €1,627 | +€1,435 | +747% |
| Profit (loss) for the period before taxes | 9903 | €235,442 | €202,466 | -€32,976 | -14.0% |
| Income taxes | 67/77 | €52,579 | €47,962 | -€4,617 | -8.8% |
| Profit (loss) for the period | 9904 | €182,863 | €154,505 | -€28,359 | -15.5% |
| Transfer to tax-exempt reserves | 689 | - | €84,200 | +€84,200 | |
| Profit (loss) for the period to be appropriated | 9905 | €182,863 | €70,305 | -€112,559 | -61.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.