Hoofnerd Academy: 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.
Hoofnerd Academy
Largest movements
- Tangible fixed assets -€12,899
down €12,899 (-3.1%), from €414,392 to €401,493
of which Land and buildings: -€12,615
- Receivables within one year +€8,380
up €8,380 (+207%), from €4,058 to €12,438
of which Trade receivables: +€8,320
- Other debts -€20,365
down €20,365 (-25.3%), from €80,362 to €59,997
- Trade debts +€18,558
up €18,558 (+125%), from €14,807 to €33,366
- Debts after one year -€17,458
down €17,458 (-5.8%), from €302,456 to €284,998
- Tax, wage and social debts +€9,363
up €9,363 (+98.6%), from €9,493 to €18,856
- Gross operating margin +€22,152
up €22,152 (+217%), from €10,218 to €32,371
- Financial charges +€4,538
up €4,538 (+45.7%), from €9,935 to €14,473
- Depreciation +€3,957
up €3,957 (+44.3%), from €8,942 to €12,899
- Other operating charges -€442
down €442 (-60.6%), from €730 to €288
- Staff costs +€354
up €354 (+156%), from €226 to €580
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 | €419,268 | €414,194 | -€5,073 | -1.2% |
| Fixed assets | 21/28 | €414,392 | €401,493 | -€12,899 | -3.1% |
| Tangible fixed assets | 22/27 | €414,392 | €401,493 | -€12,899 | -3.1% |
| Land and buildings | 22 | €411,744 | €399,129 | -€12,615 | -3.1% |
| Furniture and vehicles | 24 | €2,648 | €2,364 | -€285 | -10.7% |
| Current assets | 29/58 | €4,875 | €12,701 | +€7,826 | +161% |
| Amounts receivable within one year | 40/41 | €4,058 | €12,438 | +€8,380 | +207% |
| Trade receivables | 40 | €4,058 | €12,378 | +€8,320 | +205% |
| Other amounts receivable | 41 | - | €60 | +€60 | |
| Cash at bank and in hand | 54/58 | €818 | €264 | -€554 | -67.8% |
| Total equity and liabilities | 10/49 | €419,268 | €414,194 | -€5,073 | -1.2% |
| Equity | 10/15 | -€4,615 | -€480 | +€4,135 | +89.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,615 | -€5,480 | +€4,135 | +43.0% |
| Amounts payable | 17/49 | €423,882 | €414,674 | -€9,208 | -2.2% |
| Amounts payable after more than one year | 17 | €302,456 | €284,998 | -€17,458 | -5.8% |
| Financial debts | 170/4 | €302,456 | €284,998 | -€17,458 | -5.8% |
| Amounts payable within one year | 42/48 | €121,426 | €129,676 | +€8,250 | +6.8% |
| Current portion of amounts payable after more than one year | 42 | €16,764 | €17,458 | +€694 | +4.1% |
| Trade debts | 44 | €14,807 | €33,366 | +€18,558 | +125% |
| Suppliers | 440/4 | €14,807 | €33,366 | +€18,558 | +125% |
| Taxes, remuneration and social security | 45 | €9,493 | €18,856 | +€9,363 | +98.6% |
| Taxes | 450/3 | €9,493 | €18,856 | +€9,363 | +98.6% |
| Other amounts payable | 47/48 | €80,362 | €59,997 | -€20,365 | -25.3% |
| Remuneration, social security and pensions | 62 | €226 | €580 | +€354 | +156% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,942 | €12,899 | +€3,957 | +44.3% |
| Other operating charges | 640/8 | €730 | €288 | -€442 | -60.6% |
| Gross operating margin | 9900 | €10,218 | €32,371 | +€22,152 | +217% |
| Operating profit (loss) | 9901 | €320 | €18,604 | +€18,283 | +5,706% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €9,935 | €14,473 | +€4,538 | +45.7% |
| Recurring financial charges | 65 | €9,935 | €14,473 | +€4,538 | +45.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,615 | €4,135 | +€13,750 | |
| Profit (loss) for the period | 9904 | -€9,615 | €4,135 | +€13,750 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,615 | €4,135 | +€13,750 |
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 20 October 2026 via checked.be.