HON-IT: 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.
HON-IT
Largest movements
- Tangible fixed assets -€26,213
down €26,213 (-28.2%), from €92,849 to €66,636
of which Furniture and vehicles: -€23,760
- Receivables after one year +€6,000
new in 2025: €6,000
- Cash +€2,172
up €2,172 (+458%), from €474 to €2,646
mainly Depreciation (+€28,992) and Net result for the year (+€6,490)
- Receivables within one year +€1,395
up €1,395 (+10.8%), from €12,932 to €14,326
- Debts after one year -€23,006
down €23,006 (-37.8%), from €60,797 to €37,791
- Reserves +€6,490
up €6,490 (+88.7%), from €7,313 to €13,803
- Other debts -€3,934
down €3,934 (-89.3%), from €4,406 to €472
- Trade debts +€2,058
up €2,058 (+616%), from €334 to €2,392
- Tax, wage and social debts +€1,217
up €1,217 (+19.8%), from €6,136 to €7,353
- Gross operating margin +€15,847
up €15,847 (+64.2%), from €24,670 to €40,517
- Depreciation +€1,800
up €1,800 (+6.6%), from €27,191 to €28,992
- Taxes +€1,392
up €1,392 (+439%), from €317 to €1,710
- Financial charges -€825
down €825 (-22.8%), from €3,612 to €2,787
- Other operating charges +€593
up €593 (+471%), from €126 to €719
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 | €106,255 | €89,817 | -€16,438 | -15.5% |
| Fixed assets | 21/28 | €92,849 | €66,636 | -€26,213 | -28.2% |
| Tangible fixed assets | 22/27 | €92,849 | €66,636 | -€26,213 | -28.2% |
| Plant, machinery and equipment | 23 | €6,821 | €4,704 | -€2,118 | -31.0% |
| Furniture and vehicles | 24 | €83,110 | €59,350 | -€23,760 | -28.6% |
| Other tangible fixed assets | 26 | €2,918 | €2,582 | -€336 | -11.5% |
| Current assets | 29/58 | €13,406 | €23,181 | +€9,775 | +72.9% |
| Amounts receivable after more than one year | 29 | - | €6,000 | +€6,000 | |
| Other amounts receivable | 291 | - | €6,000 | +€6,000 | |
| Amounts receivable within one year | 40/41 | €12,932 | €14,326 | +€1,395 | +10.8% |
| Trade receivables | 40 | €12,932 | €14,326 | +€1,395 | +10.8% |
| Cash at bank and in hand | 54/58 | €474 | €2,646 | +€2,172 | +458% |
| Deferred charges and accrued income | 490/1 | - | €209 | +€209 | |
| Total equity and liabilities | 10/49 | €106,255 | €89,817 | -€16,438 | -15.5% |
| Equity | 10/15 | €12,313 | €18,803 | +€6,490 | +52.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €7,313 | €13,803 | +€6,490 | +88.7% |
| Distributable reserves | 133 | €7,313 | €13,803 | +€6,490 | +88.7% |
| Amounts payable | 17/49 | €93,942 | €71,014 | -€22,928 | -24.4% |
| Amounts payable after more than one year | 17 | €60,797 | €37,791 | -€23,006 | -37.8% |
| Financial debts | 170/4 | €60,797 | €37,791 | -€23,006 | -37.8% |
| Amounts payable within one year | 42/48 | €33,060 | €33,223 | +€163 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €22,184 | €23,006 | +€823 | +3.7% |
| Trade debts | 44 | €334 | €2,392 | +€2,058 | +616% |
| Suppliers | 440/4 | €334 | €2,392 | +€2,058 | +616% |
| Taxes, remuneration and social security | 45 | €6,136 | €7,353 | +€1,217 | +19.8% |
| Taxes | 450/3 | €6,136 | €7,353 | +€1,217 | +19.8% |
| Other amounts payable | 47/48 | €4,406 | €472 | -€3,934 | -89.3% |
| Accrued charges and deferred income | 492/3 | €85 | - | -€85 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,191 | €28,992 | +€1,800 | +6.6% |
| Other operating charges | 640/8 | €126 | €719 | +€593 | +471% |
| Gross operating margin | 9900 | €24,670 | €40,517 | +€15,847 | +64.2% |
| Operating profit (loss) | 9901 | -€2,647 | €10,807 | +€13,454 | |
| Financial income | 75/76B | - | €180 | +€180 | |
| Recurring financial income | 75 | - | €180 | +€180 | |
| Financial charges | 65/66B | €3,612 | €2,787 | -€825 | -22.8% |
| Recurring financial charges | 65 | €3,612 | €2,787 | -€825 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,259 | €8,200 | +€14,458 | |
| Income taxes | 67/77 | €317 | €1,710 | +€1,392 | +439% |
| Profit (loss) for the period | 9904 | -€6,576 | €6,490 | +€13,066 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,576 | €6,490 | +€13,066 |
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 13 October 2026 via checked.be.