HOOG: 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.
HOOG
Largest movements
- Receivables after one year +€42,457
new in 2024: €42,457
of which Trade receivables: +€29,107
- Receivables within one year -€37,778
no longer reported in 2024 (was €37,778)
of which Trade receivables: -€29,000
- Cash -€9,884
down €9,884 (-43.1%), from €22,958 to €13,074
mainly Net result for the year (-€122,398) and Receivables after one year (-€42,457)
- Deferred charges and accrued income -€3,042
down €3,042 (-95.4%), from €3,190 to €148
- Tangible fixed assets -€1,225
down €1,225 (-10.4%), from €11,744 to €10,519
- Profit (loss) carried forward -€123,098
down €123,098 (-99.0%), from -€124,280 to -€247,378
- Contributions +€100,000
up €100,000 (+1000.0%), from €10,000 to €110,000
- Debts after one year +€43,251
up €43,251 (+71.8%), from €60,234 to €103,485
- Trade debts -€41,816
down €41,816 (-44.7%), from €93,449 to €51,633
- Tax, wage and social debts +€12,035
up €12,035 (+33.2%), from €36,266 to €48,301
- Gross operating margin +€52,001
up €52,001 (+28.3%), from €183,444 to €235,445
- Staff costs +€45,248
up €45,248 (+14.9%), from €303,187 to €348,436
- Financial charges +€4,351
up €4,351 (+152.5%), from €2,854 to €7,206
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,669 | €66,198 | -€9,472 | -12.5% |
| Fixed assets | 21/28 | €11,744 | €10,519 | -€1,225 | -10.4% |
| Tangible fixed assets | 22/27 | €11,744 | €10,519 | -€1,225 | -10.4% |
| Furniture and vehicles | 24 | €11,744 | €10,519 | -€1,225 | -10.4% |
| Current assets | 29/58 | €63,926 | €55,679 | -€8,247 | -12.9% |
| Amounts receivable after more than one year | 29 | - | €42,457 | +€42,457 | |
| Trade receivables | 290 | - | €29,107 | +€29,107 | |
| Other amounts receivable | 291 | - | €13,349 | +€13,349 | |
| Amounts receivable within one year | 40/41 | €37,778 | - | -€37,778 | |
| Trade receivables | 40 | €29,000 | - | -€29,000 | |
| Other amounts receivable | 41 | €8,778 | - | -€8,778 | |
| Cash at bank and in hand | 54/58 | €22,958 | €13,074 | -€9,884 | -43.1% |
| Deferred charges and accrued income | 490/1 | €3,190 | €148 | -€3,042 | -95.4% |
| Total equity and liabilities | 10/49 | €75,669 | €66,198 | -€9,472 | -12.5% |
| Equity | 10/15 | -€114,280 | -€137,378 | -€23,098 | -20.2% |
| Contributions | 10/11 | €10,000 | €110,000 | +€100,000 | +1000.0% |
| Profit (loss) carried forward | 14 | -€124,280 | -€247,378 | -€123,098 | -99.0% |
| Amounts payable | 17/49 | €189,949 | €203,576 | +€13,627 | +7.2% |
| Amounts payable after more than one year | 17 | €60,234 | €103,485 | +€43,251 | +71.8% |
| Other amounts payable | 178/9 | €60,234 | €103,485 | +€43,251 | +71.8% |
| Amounts payable within one year | 42/48 | €129,715 | €100,091 | -€29,624 | -22.8% |
| Trade debts | 44 | €93,449 | €51,633 | -€41,816 | -44.7% |
| Suppliers | 440/4 | €93,449 | €51,633 | -€41,816 | -44.7% |
| Taxes, remuneration and social security | 45 | €36,266 | €48,301 | +€12,035 | +33.2% |
| Remuneration and social security | 454/9 | €36,266 | €48,301 | +€12,035 | +33.2% |
| Other amounts payable | 47/48 | - | €157 | +€157 | |
| Remuneration, social security and pensions | 62 | €303,187 | €348,436 | +€45,248 | +14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €503 | €1,225 | +€721 | +143.3% |
| Other operating charges | 640/8 | €1,437 | €996 | -€441 | -30.7% |
| Gross operating margin | 9900 | €183,444 | €235,445 | +€52,001 | +28.3% |
| Operating profit (loss) | 9901 | -€121,684 | -€115,212 | +€6,472 | +5.3% |
| Financial income | 75/76B | €258 | €19 | -€240 | -92.7% |
| Recurring financial income | 75 | €258 | €19 | -€240 | -92.7% |
| Financial charges | 65/66B | €2,854 | €7,206 | +€4,351 | +152.5% |
| Recurring financial charges | 65 | €2,854 | €7,206 | +€4,351 | +152.5% |
| Profit (loss) for the period before taxes | 9903 | -€124,280 | -€122,398 | +€1,881 | +1.5% |
| Profit (loss) for the period | 9904 | -€124,280 | -€122,398 | +€1,881 | +1.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€124,280 | -€122,398 | +€1,881 | +1.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.