Hoona: 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.
Hoona
Largest movements
- Tangible fixed assets +€387,478
up €387,478 (+448%), from €86,481 to €473,959
of which Plant, machinery and equipment: +€394,147
- Cash -€106,678
down €106,678 (-45.0%), from €237,296 to €130,618
mainly Net result for the year (-€1.8m) and Investment in fixed assets (net) (-€554,341)
- Intangible fixed assets +€103,675
up €103,675 (+320%), from €32,411 to €136,086
- Receivables within one year -€68,023
down €68,023 (-76.6%), from €88,813 to €20,790
of which Other amounts receivable: -€70,029
- Profit (loss) carried forward -€1.8m
down €1.8m (-330%), from -€538,305 to -€2.3m
- Other debts +€1.8m
up €1.8m (+439%), from €398,310 to €2.1m
- Trade debts +€258,236
up €258,236 (+953%), from €27,096 to €285,332
- Tax, wage and social debts +€83,438
up €83,438 (+138%), from €60,575 to €144,014
of which Taxes: +€60,054
- Staff costs +€590,136
up €590,136 (+311%), from €190,012 to €780,148
- Gross operating margin -€588,753
down €588,753 (-172%), from -€341,756 to -€930,509
- Depreciation +€60,864
up €60,864 (+2,619%), from €2,324 to €63,188
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 | €447,676 | €764,939 | +€317,263 | +70.9% |
| Fixed assets | 21/28 | €119,097 | €610,250 | +€491,153 | +412% |
| Intangible fixed assets | 21 | €32,411 | €136,086 | +€103,675 | +320% |
| Tangible fixed assets | 22/27 | €86,481 | €473,959 | +€387,478 | +448% |
| Plant, machinery and equipment | 23 | €1,448 | €395,595 | +€394,147 | +27,225% |
| Furniture and vehicles | 24 | €85,033 | €78,364 | -€6,669 | -7.8% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €328,580 | €154,690 | -€173,890 | -52.9% |
| Amounts receivable within one year | 40/41 | €88,813 | €20,790 | -€68,023 | -76.6% |
| Trade receivables | 40 | - | €2,007 | +€2,007 | |
| Other amounts receivable | 41 | €88,813 | €18,783 | -€70,029 | -78.9% |
| Cash at bank and in hand | 54/58 | €237,296 | €130,618 | -€106,678 | -45.0% |
| Deferred charges and accrued income | 490/1 | €2,471 | €3,281 | +€811 | +32.8% |
| Total equity and liabilities | 10/49 | €447,676 | €764,939 | +€317,263 | +70.9% |
| Equity | 10/15 | -€38,305 | -€1,813,400 | -€1.8m | -4,634% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€538,305 | -€2,313,400 | -€1.8m | -330% |
| Amounts payable | 17/49 | €485,981 | €2,578,340 | +€2.1m | +431% |
| Amounts payable within one year | 42/48 | €485,981 | €2,578,340 | +€2.1m | +431% |
| Trade debts | 44 | €27,096 | €285,332 | +€258,236 | +953% |
| Suppliers | 440/4 | €27,096 | €285,332 | +€258,236 | +953% |
| Advances received on contracts in progress | 46 | - | €635 | +€635 | |
| Taxes, remuneration and social security | 45 | €60,575 | €144,014 | +€83,438 | +138% |
| Taxes | 450/3 | €8,503 | €68,557 | +€60,054 | +706% |
| Remuneration and social security | 454/9 | €52,073 | €75,457 | +€23,384 | +44.9% |
| Other amounts payable | 47/48 | €398,310 | €2,148,360 | +€1.8m | +439% |
| Remuneration, social security and pensions | 62 | €190,012 | €780,148 | +€590,136 | +311% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,324 | €63,188 | +€60,864 | +2,619% |
| Other operating charges | 640/8 | €2,387 | €273 | -€2,114 | -88.5% |
| Gross operating margin | 9900 | -€341,756 | -€930,509 | -€588,753 | -172% |
| Operating profit (loss) | 9901 | -€536,479 | -€1,774,119 | -€1.2m | -231% |
| Financial income | 75/76B | €17 | €1,135 | +€1,118 | +6,555% |
| Recurring financial income | 75 | €17 | €1,135 | +€1,118 | +6,555% |
| Financial charges | 65/66B | €1,761 | €1,930 | +€170 | +9.6% |
| Recurring financial charges | 65 | €1,761 | €1,930 | +€170 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | -€538,223 | -€1,774,914 | -€1.2m | -230% |
| Income taxes | 67/77 | €82 | €182 | +€100 | +123% |
| Profit (loss) for the period | 9904 | -€538,305 | -€1,775,096 | -€1.2m | -230% |
| Profit (loss) for the period to be appropriated | 9905 | -€538,305 | -€1,775,096 | -€1.2m | -230% |
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 13 October 2026 via checked.be.