HOOFDKWARTIER: 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.
HOOFDKWARTIER
Largest movements
- Cash -€12,576
down €12,576 (-100.0%), from €12,579 to €4
mainly Net result for the year (-€19,080) and Tax, wage and social debts (-€83)
- Receivables within one year -€3,016
down €3,016 (-86.2%), from €3,499 to €484
- Tangible fixed assets -€2,529
down €2,529 (-100.0%), from €2,529 to €0
- Profit (loss) carried forward -€19,080
down €19,080, from €15,510 to -€3,571
- Other debts +€1,056
up €1,056 (+143.2%), from €737 to €1,793
- Gross operating margin -€2,095
down €2,095 (-15.0%), from -€13,982 to -€16,076
- Depreciation -€869
down €869 (-100.0%), from €869 to €0
- Taxes +€438
up €438, from -€438 to €0
- Write-downs +€397
new in 2025: €397
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 | €18,608 | €487 | -€18,120 | -97.4% |
| Fixed assets | 21/28 | €2,529 | €0 | -€2,529 | -100.0% |
| Tangible fixed assets | 22/27 | €2,529 | €0 | -€2,529 | -100.0% |
| Plant, machinery and equipment | 23 | €2,529 | €0 | -€2,529 | -100.0% |
| Current assets | 29/58 | €16,079 | €487 | -€15,591 | -97.0% |
| Amounts receivable within one year | 40/41 | €3,499 | €484 | -€3,016 | -86.2% |
| Trade receivables | 40 | €3,499 | €484 | -€3,016 | -86.2% |
| Cash at bank and in hand | 54/58 | €12,579 | €4 | -€12,576 | -100.0% |
| Total equity and liabilities | 10/49 | €18,608 | €487 | -€18,120 | -97.4% |
| Equity | 10/15 | €17,510 | -€1,571 | -€19,080 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,510 | -€3,571 | -€19,080 | |
| Amounts payable | 17/49 | €1,098 | €2,058 | +€960 | +87.5% |
| Amounts payable within one year | 42/48 | €1,098 | €2,058 | +€960 | +87.5% |
| Trade debts | 44 | €12 | €0 | -€12 | -100.0% |
| Suppliers | 440/4 | €12 | €0 | -€12 | -100.0% |
| Taxes, remuneration and social security | 45 | €348 | €265 | -€83 | -23.9% |
| Taxes | 450/3 | €348 | €265 | -€83 | -23.9% |
| Other amounts payable | 47/48 | €737 | €1,793 | +€1,056 | +143.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €869 | €0 | -€869 | -100.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €397 | +€397 | |
| Non-recurring operating charges | 66A | - | €2,529 | +€2,529 | |
| Gross operating margin | 9900 | -€13,982 | -€16,076 | -€2,095 | -15.0% |
| Operating profit (loss) | 9901 | -€14,851 | -€19,002 | -€4,151 | -28.0% |
| Financial charges | 65/66B | €78 | €79 | +€1 | +1.1% |
| Recurring financial charges | 65 | €78 | €79 | +€1 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | -€14,929 | -€19,080 | -€4,152 | -27.8% |
| Income taxes | 67/77 | -€438 | €0 | +€438 | |
| Profit (loss) for the period | 9904 | -€14,490 | -€19,080 | -€4,590 | -31.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,490 | -€19,080 | -€4,590 | -31.7% |
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 12 October 2026 via checked.be.