HOOFT: 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.
HOOFT
Largest movements
- Receivables within one year +€155,551
up €155,551 (+26.4%), from €588,222 to €743,773
of which Other amounts receivable: +€352,676
- Stocks and contracts -€60,777
down €60,777 (-100%), from €60,777 to €0
- Tangible fixed assets -€37,089
down €37,089 (-7.3%), from €507,736 to €470,647
of which Furniture and vehicles: -€24,342
- Deferred charges and accrued income +€32,648
up €32,648 (+28.7%), from €113,895 to €146,542
- Reserves +€549,202
up €549,202 (+139%), from €393,713 to €942,916
of which Distributable reserves: +€549,202
- Trade debts -€454,096
down €454,096 (-100%), from €454,096 to €0
- Tax, wage and social debts +€50,552
up €50,552 (+25.8%), from €195,863 to €246,415
- Other debts -€33,885
down €33,885 (-98.1%), from €34,531 to €646
- Gross operating margin +€843,937
up €843,937 (+14,796%), from €5,704 to €849,641
- Taxes +€266,349
up €266,349 (+22,515%), from €1,183 to €267,532
- Other operating charges -€9,380
down €9,380 (-62.8%), from €14,930 to €5,550
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 | €1,679,831 | €1,761,700 | +€81,869 | +4.9% |
| Fixed assets | 21/28 | €507,736 | €470,647 | -€37,089 | -7.3% |
| Tangible fixed assets | 22/27 | €507,736 | €470,647 | -€37,089 | -7.3% |
| Land and buildings | 22 | €410,533 | €398,851 | -€11,683 | -2.8% |
| Plant, machinery and equipment | 23 | €4,911 | €3,847 | -€1,064 | -21.7% |
| Furniture and vehicles | 24 | €92,291 | €67,950 | -€24,342 | -26.4% |
| Current assets | 29/58 | €1,172,095 | €1,291,053 | +€118,958 | +10.1% |
| Amounts receivable after more than one year | 29 | €400,000 | €400,000 | = | 0.0% |
| Other amounts receivable | 291 | €400,000 | €400,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €60,777 | €0 | -€60,777 | -100% |
| Stocks | 30/36 | €60,777 | €0 | -€60,777 | -100% |
| Amounts receivable within one year | 40/41 | €588,222 | €743,773 | +€155,551 | +26.4% |
| Trade receivables | 40 | €197,125 | €0 | -€197,125 | -100% |
| Other amounts receivable | 41 | €391,097 | €743,773 | +€352,676 | +90.2% |
| Cash at bank and in hand | 54/58 | €9,201 | €737 | -€8,464 | -92.0% |
| Deferred charges and accrued income | 490/1 | €113,895 | €146,542 | +€32,648 | +28.7% |
| Total equity and liabilities | 10/49 | €1,679,831 | €1,761,700 | +€81,869 | +4.9% |
| Equity | 10/15 | €739,948 | €1,289,150 | +€549,202 | +74.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €393,713 | €942,916 | +€549,202 | +139% |
| Tax-exempt reserves | 132 | €14,593 | €14,593 | = | 0.0% |
| Distributable reserves | 133 | €379,121 | €928,323 | +€549,202 | +145% |
| Profit (loss) carried forward | 14 | €327,635 | €327,635 | = | 0.0% |
| Amounts payable | 17/49 | €939,883 | €472,550 | -€467,334 | -49.7% |
| Amounts payable after more than one year | 17 | €21,322 | €5,480 | -€15,842 | -74.3% |
| Financial debts | 170/4 | €21,322 | €5,480 | -€15,842 | -74.3% |
| Amounts payable within one year | 42/48 | €918,561 | €467,070 | -€451,491 | -49.2% |
| Current portion of amounts payable after more than one year | 42 | €20,548 | €15,842 | -€4,706 | -22.9% |
| Financial debts | 43 | €213,523 | €204,167 | -€9,356 | -4.4% |
| Credit institutions | 430/8 | €213,523 | €204,167 | -€9,356 | -4.4% |
| Trade debts | 44 | €454,096 | €0 | -€454,096 | -100% |
| Suppliers | 440/4 | €454,096 | €0 | -€454,096 | -100% |
| Taxes, remuneration and social security | 45 | €195,863 | €246,415 | +€50,552 | +25.8% |
| Taxes | 450/3 | €195,863 | €246,415 | +€50,552 | +25.8% |
| Other amounts payable | 47/48 | €34,531 | €646 | -€33,885 | -98.1% |
| Non-recurring operating income | 76A | - | €947,288 | +€947,288 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,689 | €37,086 | +€397 | +1.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €14,930 | €5,550 | -€9,380 | -62.8% |
| Gross operating margin | 9900 | €5,704 | €849,641 | +€843,937 | +14,796% |
| Operating profit (loss) | 9901 | -€45,916 | €807,005 | +€852,920 | |
| Financial income | 75/76B | €33,329 | €32,698 | -€631 | -1.9% |
| Recurring financial income | 75 | €33,329 | €32,698 | -€631 | -1.9% |
| Financial charges | 65/66B | €18,976 | €22,969 | +€3,993 | +21.0% |
| Recurring financial charges | 65 | €18,976 | €22,969 | +€3,993 | +21.0% |
| Profit (loss) for the period before taxes | 9903 | -€31,563 | €816,734 | +€848,297 | |
| Income taxes | 67/77 | €1,183 | €267,532 | +€266,349 | +22,515% |
| Profit (loss) for the period | 9904 | -€32,746 | €549,202 | +€581,948 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,746 | €549,202 | +€581,948 |
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 17 October 2026 via checked.be.