HOO+: 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.
HOO+
Largest movements
- Tangible fixed assets -€21,727
down €21,727 (-29.0%), from €74,874 to €53,147
of which Leasing and similar rights: -€17,903
- Cash -€19,188
down €19,188 (-19.0%), from €101,214 to €82,025
mainly Contributions, distributions and other (-€40,000) and Debts after one year (-€12,306)
- Receivables within one year -€7,269
down €7,269 (-21.0%), from €34,559 to €27,290
of which Trade receivables: -€7,907
- Profit (loss) carried forward -€39,568
down €39,568 (-28.9%), from €137,092 to €97,525
- Debts after one year -€12,306
down €12,306 (-35.2%), from €35,000 to €22,694
- Tax, wage and social debts +€5,207
up €5,207 (+42.7%), from €12,202 to €17,409
of which Taxes: +€4,407
- Gross operating margin -€18,304
down €18,304 (-22.1%), from €82,756 to €64,452
- Taxes -€8,351
down €8,351 (-97.9%), from €8,531 to €180
- Staff costs +€2,230
up €2,230 (+6.5%), from €34,143 to €36,373
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.
Cash bridge derived
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 | €223,936 | €177,192 | -€46,743 | -20.9% |
| Fixed assets | 21/28 | €81,453 | €59,386 | -€22,067 | -27.1% |
| Intangible fixed assets | 21 | €3,179 | €2,839 | -€340 | -10.7% |
| Tangible fixed assets | 22/27 | €74,874 | €53,147 | -€21,727 | -29.0% |
| Plant, machinery and equipment | 23 | €1,440 | €625 | -€814 | -56.6% |
| Furniture and vehicles | 24 | €5,089 | €2,215 | -€2,873 | -56.5% |
| Leasing and similar rights | 25 | €67,002 | €49,098 | -€17,903 | -26.7% |
| Other tangible fixed assets | 26 | €1,344 | €1,208 | -€136 | -10.1% |
| Financial fixed assets | 28 | €3,400 | €3,400 | = | 0.0% |
| Current assets | 29/58 | €142,483 | €117,806 | -€24,677 | -17.3% |
| Amounts receivable within one year | 40/41 | €34,559 | €27,290 | -€7,269 | -21.0% |
| Trade receivables | 40 | €25,433 | €17,526 | -€7,907 | -31.1% |
| Other amounts receivable | 41 | €9,126 | €9,764 | +€638 | +7.0% |
| Cash at bank and in hand | 54/58 | €101,214 | €82,025 | -€19,188 | -19.0% |
| Deferred charges and accrued income | 490/1 | €6,710 | €8,491 | +€1,780 | +26.5% |
| Total equity and liabilities | 10/49 | €223,936 | €177,192 | -€46,743 | -20.9% |
| Equity | 10/15 | €139,092 | €99,525 | -€39,568 | -28.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €137,092 | €97,525 | -€39,568 | -28.9% |
| Amounts payable | 17/49 | €84,843 | €77,667 | -€7,176 | -8.5% |
| Amounts payable after more than one year | 17 | €35,000 | €22,694 | -€12,306 | -35.2% |
| Financial debts | 170/4 | €35,000 | €22,694 | -€12,306 | -35.2% |
| Amounts payable within one year | 42/48 | €49,843 | €54,974 | +€5,131 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | €11,616 | €12,306 | +€690 | +5.9% |
| Trade debts | 44 | €9,767 | €8,757 | -€1,010 | -10.3% |
| Suppliers | 440/4 | €9,767 | €8,757 | -€1,010 | -10.3% |
| Taxes, remuneration and social security | 45 | €12,202 | €17,409 | +€5,207 | +42.7% |
| Taxes | 450/3 | €8,548 | €12,955 | +€4,407 | +51.6% |
| Remuneration and social security | 454/9 | €3,654 | €4,454 | +€800 | +21.9% |
| Other amounts payable | 47/48 | €16,258 | €16,501 | +€244 | +1.5% |
| Non-recurring operating income | 76A | €1,130 | €10,423 | +€9,293 | +822.4% |
| Remuneration, social security and pensions | 62 | €34,143 | €36,373 | +€2,230 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,933 | €22,067 | +€134 | +0.6% |
| Other operating charges | 640/8 | €3,188 | €2,738 | -€450 | -14.1% |
| Gross operating margin | 9900 | €82,756 | €64,452 | -€18,304 | -22.1% |
| Operating profit (loss) | 9901 | €23,492 | €3,274 | -€20,217 | -86.1% |
| Financial income | 75/76B | €1 | €196 | +€196 | +25079.5% |
| Recurring financial income | 75 | €1 | €196 | +€196 | +25079.5% |
| Financial charges | 65/66B | €3,494 | €2,858 | -€635 | -18.2% |
| Recurring financial charges | 65 | €3,494 | €2,858 | -€635 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €19,999 | €612 | -€19,387 | -96.9% |
| Transfer from deferred taxes | 780 | €26,017 | - | -€26,017 | |
| Income taxes | 67/77 | €8,531 | €180 | -€8,351 | -97.9% |
| Profit (loss) for the period | 9904 | €37,484 | €432 | -€37,052 | -98.8% |
| Transfer from tax-exempt reserves | 789 | €39,025 | - | -€39,025 | |
| Profit (loss) for the period to be appropriated | 9905 | €76,509 | €432 | -€76,077 | -99.4% |
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 10 October 2026 via checked.be.