HOKOTEX: 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.
HOKOTEX
Largest movements
- Tangible fixed assets -€16,304
down €16,304 (-5.0%), from €327,522 to €311,217
of which Furniture and vehicles: -€9,241
- Receivables within one year -€6,750
down €6,750 (-99.2%), from €6,802 to €52
of which Trade receivables: -€6,750
- Profit (loss) carried forward -€21,890
down €21,890 (-27.7%), from -€79,125 to -€101,015
- Financial charges +€7,105
up €7,105 (+3,740%), from €190 to €7,295
- Gross operating margin -€4,883
down €4,883 (-54.6%), from €8,938 to €4,055
- Taxes +€3,444
up €3,444, from -€2,883 to €560
- Other operating charges -€931
down €931 (-34.1%), from €2,732 to €1,801
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 | €350,378 | €328,749 | -€21,629 | -6.2% |
| Fixed assets | 21/28 | €333,722 | €317,417 | -€16,304 | -4.9% |
| Tangible fixed assets | 22/27 | €327,522 | €311,217 | -€16,304 | -5.0% |
| Land and buildings | 22 | €281,090 | €275,398 | -€5,693 | -2.0% |
| Plant, machinery and equipment | 23 | €588 | €294 | -€294 | -50.0% |
| Furniture and vehicles | 24 | €23,945 | €14,704 | -€9,241 | -38.6% |
| Assets under construction and advance payments | 27 | €21,899 | €20,822 | -€1,077 | -4.9% |
| Financial fixed assets | 28 | €6,200 | €6,200 | = | 0.0% |
| Current assets | 29/58 | €16,656 | €11,331 | -€5,325 | -32.0% |
| Amounts receivable within one year | 40/41 | €6,802 | €52 | -€6,750 | -99.2% |
| Trade receivables | 40 | €6,750 | - | -€6,750 | |
| Other amounts receivable | 41 | €52 | €52 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,002 | €11,279 | +€2,277 | +25.3% |
| Deferred charges and accrued income | 490/1 | €852 | - | -€852 | |
| Total equity and liabilities | 10/49 | €350,378 | €328,749 | -€21,629 | -6.2% |
| Equity | 10/15 | €73,174 | €51,285 | -€21,890 | -29.9% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €90,326 | €90,326 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €84,129 | €84,129 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,125 | -€101,015 | -€21,890 | -27.7% |
| Amounts payable | 17/49 | €277,204 | €277,464 | +€260 | +0.1% |
| Amounts payable after more than one year | 17 | €240,000 | €240,000 | = | 0.0% |
| Financial debts | 170/4 | €240,000 | €240,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €37,204 | €37,464 | +€260 | +0.7% |
| Trade debts | 44 | €30 | - | -€30 | |
| Suppliers | 440/4 | €30 | - | -€30 | |
| Taxes, remuneration and social security | 45 | €415 | €555 | +€140 | +33.7% |
| Taxes | 450/3 | €415 | €555 | +€140 | +33.7% |
| Other amounts payable | 47/48 | €36,759 | €36,909 | +€150 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,304 | €16,304 | = | 0.0% |
| Other operating charges | 640/8 | €2,732 | €1,801 | -€931 | -34.1% |
| Gross operating margin | 9900 | €8,938 | €4,055 | -€4,883 | -54.6% |
| Operating profit (loss) | 9901 | -€10,098 | -€14,050 | -€3,952 | -39.1% |
| Financial income | 75/76B | €10 | €16 | +€6 | +63.5% |
| Recurring financial income | 75 | €10 | €16 | +€6 | +63.5% |
| Financial charges | 65/66B | €190 | €7,295 | +€7,105 | +3,740% |
| Recurring financial charges | 65 | €190 | €7,295 | +€7,105 | +3,740% |
| Profit (loss) for the period before taxes | 9903 | -€10,278 | -€21,329 | -€11,051 | -108% |
| Income taxes | 67/77 | -€2,883 | €560 | +€3,444 | |
| Profit (loss) for the period | 9904 | -€7,395 | -€21,890 | -€14,495 | -196% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,395 | -€21,890 | -€14,495 | -196% |
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 16 October 2026 via checked.be.