HOOGMIS: 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.
HOOGMIS
Largest movements
- Cash -€21,883
down €21,883 (-52.9%), from €41,376 to €19,493
mainly Investment in fixed assets (net) (-€12,908) and Trade debts (-€12,766)
- Receivables within one year +€9,556
up €9,556 (+119%), from €8,032 to €17,588
of which Other amounts receivable: +€14,771
- Tangible fixed assets +€7,550
up €7,550 (+26.5%), from €28,495 to €36,046
of which Other tangible fixed assets: +€11,462
- Stocks and contracts -€3,463
down €3,463 (-21.5%), from €16,088 to €12,625
- Deferred charges and accrued income +€3,295
up €3,295 (+278%), from €1,187 to €4,482
- Trade debts -€12,766
down €12,766 (-57.6%), from €22,168 to €9,401
- Reserves +€8,015
up €8,015 (+43.9%), from €18,261 to €26,277
- Debts after one year -€4,121
down €4,121 (-35.0%), from €11,765 to €7,645
- Accrued charges and deferred income +€2,033
up €2,033 (+80.2%), from €2,535 to €4,567
- Staff costs +€23,296
up €23,296 (+31.9%), from €72,943 to €96,239
- Gross operating margin -€20,414
down €20,414 (-15.4%), from €132,515 to €112,101
- Financial income +€3,002
up €3,002 (+2,887%), from €104 to €3,105
- Financial charges +€2,553
up €2,553 (+368%), from €693 to €3,246
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 | €95,178 | €90,233 | -€4,945 | -5.2% |
| Fixed assets | 21/28 | €28,495 | €36,046 | +€7,550 | +26.5% |
| Tangible fixed assets | 22/27 | €28,495 | €36,046 | +€7,550 | +26.5% |
| Plant, machinery and equipment | 23 | €978 | €708 | -€270 | -27.6% |
| Furniture and vehicles | 24 | €6,660 | €5,288 | -€1,372 | -20.6% |
| Leasing and similar rights | 25 | €20,858 | €18,587 | -€2,270 | -10.9% |
| Other tangible fixed assets | 26 | - | €11,462 | +€11,462 | |
| Current assets | 29/58 | €66,683 | €54,188 | -€12,495 | -18.7% |
| Stocks and contracts in progress | 3 | €16,088 | €12,625 | -€3,463 | -21.5% |
| Stocks | 30/36 | €16,088 | €12,625 | -€3,463 | -21.5% |
| Amounts receivable within one year | 40/41 | €8,032 | €17,588 | +€9,556 | +119% |
| Trade receivables | 40 | €5,216 | - | -€5,216 | |
| Other amounts receivable | 41 | €2,816 | €17,588 | +€14,771 | +525% |
| Cash at bank and in hand | 54/58 | €41,376 | €19,493 | -€21,883 | -52.9% |
| Deferred charges and accrued income | 490/1 | €1,187 | €4,482 | +€3,295 | +278% |
| Total equity and liabilities | 10/49 | €95,178 | €90,233 | -€4,945 | -5.2% |
| Equity | 10/15 | €38,261 | €46,277 | +€8,015 | +20.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €18,261 | €26,277 | +€8,015 | +43.9% |
| Distributable reserves | 133 | €18,261 | €26,277 | +€8,015 | +43.9% |
| Amounts payable | 17/49 | €56,917 | €43,957 | -€12,960 | -22.8% |
| Amounts payable after more than one year | 17 | €11,765 | €7,645 | -€4,121 | -35.0% |
| Financial debts | 170/4 | €11,765 | €7,645 | -€4,121 | -35.0% |
| Amounts payable within one year | 42/48 | €42,617 | €31,744 | -€10,872 | -25.5% |
| Current portion of amounts payable after more than one year | 42 | €3,574 | €3,940 | +€366 | +10.2% |
| Trade debts | 44 | €22,168 | €9,401 | -€12,766 | -57.6% |
| Suppliers | 440/4 | €22,168 | €9,401 | -€12,766 | -57.6% |
| Advances received on contracts in progress | 46 | €1,518 | €2,183 | +€665 | +43.8% |
| Taxes, remuneration and social security | 45 | €15,357 | €16,220 | +€863 | +5.6% |
| Taxes | 450/3 | €9,720 | €8,803 | -€917 | -9.4% |
| Remuneration and social security | 454/9 | €5,637 | €7,417 | +€1,780 | +31.6% |
| Accrued charges and deferred income | 492/3 | €2,535 | €4,567 | +€2,033 | +80.2% |
| Remuneration, social security and pensions | 62 | €72,943 | €96,239 | +€23,296 | +31.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,213 | €5,357 | -€856 | -13.8% |
| Other operating charges | 640/8 | €3,003 | €2,349 | -€654 | -21.8% |
| Gross operating margin | 9900 | €132,515 | €112,101 | -€20,414 | -15.4% |
| Operating profit (loss) | 9901 | €50,356 | €8,156 | -€42,200 | -83.8% |
| Financial income | 75/76B | €104 | €3,105 | +€3,002 | +2,887% |
| Recurring financial income | 75 | €104 | €3,105 | +€3,002 | +2,887% |
| Financial charges | 65/66B | €693 | €3,246 | +€2,553 | +368% |
| Recurring financial charges | 65 | €693 | €3,246 | +€2,553 | +368% |
| Profit (loss) for the period before taxes | 9903 | €49,767 | €8,015 | -€41,751 | -83.9% |
| Profit (loss) for the period | 9904 | €49,767 | €8,015 | -€41,751 | -83.9% |
| Profit (loss) for the period to be appropriated | 9905 | €49,767 | €8,015 | -€41,751 | -83.9% |
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 14 October 2026 via checked.be.