HOOFT JOHAN: 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 JOHAN
Largest movements
- Receivables within one year +€46,026
up €46,026 (+84.0%), from €54,780 to €100,806
of which Trade receivables: +€46,282
- Cash -€42,903
down €42,903 (-51.0%), from €84,184 to €41,281
mainly Receivables within one year (-€46,026) and Stocks and contracts (-€22,417)
- Stocks and contracts +€22,417
new in 2025: €22,417
- Reserves +€16,130
up €16,130 (+7.7%), from €209,672 to €225,802
- Trade debts +€8,533
up €8,533 (+130%), from €6,559 to €15,092
- Gross operating margin -€6,672
down €6,672 (-18.4%), from €36,233 to €29,561
- Depreciation -€6,197
down €6,197 (-71.3%), from €8,690 to €2,493
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 | €273,250 | €298,797 | +€25,547 | +9.3% |
| Fixed assets | 21/28 | €131,864 | €131,689 | -€175 | -0.1% |
| Tangible fixed assets | 22/27 | €131,864 | €131,689 | -€175 | -0.1% |
| Land and buildings | 22 | €126,448 | €126,448 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,663 | €3,140 | +€1,477 | +88.8% |
| Furniture and vehicles | 24 | €3,752 | €2,100 | -€1,652 | -44.0% |
| Current assets | 29/58 | €141,387 | €167,108 | +€25,721 | +18.2% |
| Stocks and contracts in progress | 3 | - | €22,417 | +€22,417 | |
| Contracts in progress | 37 | - | €22,417 | +€22,417 | |
| Amounts receivable within one year | 40/41 | €54,780 | €100,806 | +€46,026 | +84.0% |
| Trade receivables | 40 | €52,167 | €98,450 | +€46,282 | +88.7% |
| Other amounts receivable | 41 | €2,613 | €2,357 | -€256 | -9.8% |
| Cash at bank and in hand | 54/58 | €84,184 | €41,281 | -€42,903 | -51.0% |
| Deferred charges and accrued income | 490/1 | €2,423 | €2,604 | +€181 | +7.5% |
| Total equity and liabilities | 10/49 | €273,250 | €298,797 | +€25,547 | +9.3% |
| Equity | 10/15 | €250,772 | €266,902 | +€16,130 | +6.4% |
| Contributions | 10/11 | €41,100 | €41,100 | = | 0.0% |
| Reserves | 13 | €209,672 | €225,802 | +€16,130 | +7.7% |
| Distributable reserves | 133 | €209,672 | €225,802 | +€16,130 | +7.7% |
| Amounts payable | 17/49 | €22,478 | €31,895 | +€9,417 | +41.9% |
| Amounts payable within one year | 42/48 | €22,478 | €31,895 | +€9,417 | +41.9% |
| Trade debts | 44 | €6,559 | €15,092 | +€8,533 | +130% |
| Suppliers | 440/4 | €6,559 | €15,092 | +€8,533 | +130% |
| Taxes, remuneration and social security | 45 | €2,553 | €2,771 | +€218 | +8.5% |
| Taxes | 450/3 | €2,553 | €2,771 | +€218 | +8.5% |
| Other amounts payable | 47/48 | €13,366 | €14,032 | +€666 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,690 | €2,493 | -€6,197 | -71.3% |
| Other operating charges | 640/8 | €1,941 | €1,658 | -€283 | -14.6% |
| Gross operating margin | 9900 | €36,233 | €29,561 | -€6,672 | -18.4% |
| Operating profit (loss) | 9901 | €25,602 | €25,410 | -€192 | -0.7% |
| Financial income | 75/76B | €0 | €0 | -€0 | -73.1% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -73.1% |
| Financial charges | 65/66B | €51 | €54 | +€3 | +6.1% |
| Recurring financial charges | 65 | €51 | €54 | +€3 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €25,551 | €25,356 | -€195 | -0.8% |
| Income taxes | 67/77 | €7,901 | €7,560 | -€341 | -4.3% |
| Profit (loss) for the period | 9904 | €17,650 | €17,796 | +€145 | +0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,650 | €17,796 | +€145 | +0.8% |
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 29 October 2026 via checked.be.