HOOFD & VERTOMMEN: what changed
HOOFD & VERTOMMEN
Largest movements
- Receivables within one year +€14,044
up €14,044 (+13.8%), from €101,864 to €115,908
- Tangible fixed assets -€9,260
down €9,260 (-24.4%), from €37,936 to €28,676
- Cash +€3,983
up €3,983 (+26.8%), from €14,872 to €18,855
mainly Net result for the year (+€81,801) and Tax, wage and social debts (+€15,284)
- Tax, wage and social debts +€15,284
up €15,284 (+30.9%), from €49,432 to €64,716
of which Taxes: +€13,598
- Debts after one year -€9,167
down €9,167 (-36.4%), from €25,151 to €15,984
- Other debts +€6,402
up €6,402 (+12.4%), from €51,741 to €58,143
- Trade debts -€5,443
down €5,443 (-52.6%), from €10,343 to €4,901
- Gross operating margin +€34,330
up €34,330 (+10.8%), from €317,288 to €351,618
- Taxes +€5,776
up €5,776 (+23.1%), from €25,000 to €30,776
- Staff costs +€5,566
up €5,566 (+2.5%), from €221,375 to €226,940
- Depreciation +€4,735
up €4,735 (+105%), from €4,525 to €9,260
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €158,300 | €165,682 | +€7,382 | +4.7% |
| Fixed assets | 21/28 | €37,936 | €28,676 | -€9,260 | -24.4% |
| Tangible fixed assets | 22/27 | €37,936 | €28,676 | -€9,260 | -24.4% |
| Furniture and vehicles | 24 | €37,936 | €28,676 | -€9,260 | -24.4% |
| Current assets | 29/58 | €120,364 | €137,006 | +€16,642 | +13.8% |
| Amounts receivable within one year | 40/41 | €101,864 | €115,908 | +€14,044 | +13.8% |
| Trade receivables | 40 | €101,864 | €115,908 | +€14,044 | +13.8% |
| Cash at bank and in hand | 54/58 | €14,872 | €18,855 | +€3,983 | +26.8% |
| Deferred charges and accrued income | 490/1 | €3,627 | €2,242 | -€1,385 | -38.2% |
| Total equity and liabilities | 10/49 | €158,300 | €165,682 | +€7,382 | +4.7% |
| Equity | 10/15 | €12,771 | €12,771 | = | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,417 | €1,417 | = | 0.0% |
| Distributable reserves | 133 | €1,417 | €1,417 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,154 | €5,154 | = | 0.0% |
| Amounts payable | 17/49 | €145,529 | €152,911 | +€7,382 | +5.1% |
| Amounts payable after more than one year | 17 | €25,151 | €15,984 | -€9,167 | -36.4% |
| Financial debts | 170/4 | €25,151 | €15,984 | -€9,167 | -36.4% |
| Amounts payable within one year | 42/48 | €120,378 | €136,927 | +€16,549 | +13.7% |
| Current portion of amounts payable after more than one year | 42 | €8,862 | €9,167 | +€305 | +3.4% |
| Trade debts | 44 | €10,343 | €4,901 | -€5,443 | -52.6% |
| Suppliers | 440/4 | €10,343 | €4,901 | -€5,443 | -52.6% |
| Taxes, remuneration and social security | 45 | €49,432 | €64,716 | +€15,284 | +30.9% |
| Taxes | 450/3 | €16,942 | €30,540 | +€13,598 | +80.3% |
| Remuneration and social security | 454/9 | €32,490 | €34,176 | +€1,686 | +5.2% |
| Other amounts payable | 47/48 | €51,741 | €58,143 | +€6,402 | +12.4% |
| Remuneration, social security and pensions | 62 | €221,375 | €226,940 | +€5,566 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,525 | €9,260 | +€4,735 | +105% |
| Other operating charges | 640/8 | €1,461 | €1,543 | +€82 | +5.6% |
| Gross operating margin | 9900 | €317,288 | €351,618 | +€34,330 | +10.8% |
| Operating profit (loss) | 9901 | €89,927 | €113,874 | +€23,947 | +26.6% |
| Financial income | 75/76B | €0 | €28 | +€28 | +45,917% |
| Recurring financial income | 75 | €0 | €28 | +€28 | +45,917% |
| Financial charges | 65/66B | €774 | €1,325 | +€551 | +71.2% |
| Recurring financial charges | 65 | €774 | €1,325 | +€551 | +71.2% |
| Profit (loss) for the period before taxes | 9903 | €89,154 | €112,577 | +€23,423 | +26.3% |
| Income taxes | 67/77 | €25,000 | €30,776 | +€5,776 | +23.1% |
| Profit (loss) for the period | 9904 | €64,154 | €81,801 | +€17,647 | +27.5% |
| Profit (loss) for the period to be appropriated | 9905 | €64,154 | €81,801 | +€17,647 | +27.5% |
Next steps
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 6 November 2026 via checked.be.