Hoorbaar Solidaris: 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.
Hoorbaar Solidaris
Largest movements
- Current investments +€148,481
up €148,481 (+146%), from €101,519 to €250,000
- Deferred charges and accrued income +€54,916
up €54,916 (+166%), from €33,174 to €88,090
- Receivables within one year -€53,005
down €53,005 (-27.5%), from €192,787 to €139,782
of which Trade receivables: -€51,881
- Cash +€51,470
up €51,470 (+63.1%), from €81,545 to €133,015
mainly Net result for the year (+€114,216) and Receivables within one year (+€53,005)
- Tangible fixed assets -€19,580
down €19,580 (-11.7%), from €167,233 to €147,653
of which Plant, machinery and equipment: -€11,760
- Profit (loss) carried forward +€114,216
up €114,216 (+30.7%), from -€372,309 to -€258,093
- Tax, wage and social debts +€23,467
up €23,467 (+52.7%), from €44,499 to €67,966
of which Taxes: +€19,614
- Accrued charges and deferred income +€20,475
up €20,475 (+238%), from €8,595 to €29,070
- Trade debts +€9,695
up €9,695 (+18.1%), from €53,570 to €63,265
- Gross operating margin +€70,144
up €70,144 (+18.1%), from €386,788 to €456,932
- Staff costs +€21,053
up €21,053 (+7.4%), from €283,558 to €304,611
- Taxes +€11,896
up €11,896, from -€153 to €11,743
- Other operating charges -€4,666
down €4,666 (-48.1%), from €9,694 to €5,028
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 | €685,355 | €853,208 | +€167,853 | +24.5% |
| Fixed assets | 21/28 | €175,646 | €153,065 | -€22,581 | -12.9% |
| Intangible fixed assets | 21 | €3,113 | €112 | -€3,001 | -96.4% |
| Tangible fixed assets | 22/27 | €167,233 | €147,653 | -€19,580 | -11.7% |
| Land and buildings | 22 | €138,513 | €131,087 | -€7,426 | -5.4% |
| Plant, machinery and equipment | 23 | €21,965 | €10,205 | -€11,760 | -53.5% |
| Furniture and vehicles | 24 | €605 | €211 | -€394 | -65.1% |
| Other tangible fixed assets | 26 | €6,150 | €6,150 | = | 0.0% |
| Financial fixed assets | 28 | €5,300 | €5,300 | = | 0.0% |
| Current assets | 29/58 | €509,709 | €700,143 | +€190,434 | +37.4% |
| Stocks and contracts in progress | 3 | €100,684 | €89,256 | -€11,428 | -11.4% |
| Stocks | 30/36 | €100,684 | €89,256 | -€11,428 | -11.4% |
| Amounts receivable within one year | 40/41 | €192,787 | €139,782 | -€53,005 | -27.5% |
| Trade receivables | 40 | €191,663 | €139,782 | -€51,881 | -27.1% |
| Other amounts receivable | 41 | €1,124 | - | -€1,124 | |
| Current investments | 50/53 | €101,519 | €250,000 | +€148,481 | +146% |
| Cash at bank and in hand | 54/58 | €81,545 | €133,015 | +€51,470 | +63.1% |
| Deferred charges and accrued income | 490/1 | €33,174 | €88,090 | +€54,916 | +166% |
| Total equity and liabilities | 10/49 | €685,355 | €853,208 | +€167,853 | +24.5% |
| Equity | 10/15 | €578,691 | €692,907 | +€114,216 | +19.7% |
| Contributions | 10/11 | €951,000 | €951,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€372,309 | -€258,093 | +€114,216 | +30.7% |
| Amounts payable | 17/49 | €106,664 | €160,301 | +€53,637 | +50.3% |
| Amounts payable within one year | 42/48 | €98,069 | €131,231 | +€33,162 | +33.8% |
| Trade debts | 44 | €53,570 | €63,265 | +€9,695 | +18.1% |
| Suppliers | 440/4 | €53,570 | €63,265 | +€9,695 | +18.1% |
| Taxes, remuneration and social security | 45 | €44,499 | €67,966 | +€23,467 | +52.7% |
| Taxes | 450/3 | - | €19,614 | +€19,614 | |
| Remuneration and social security | 454/9 | €44,499 | €48,352 | +€3,853 | +8.7% |
| Accrued charges and deferred income | 492/3 | €8,595 | €29,070 | +€20,475 | +238% |
| Remuneration, social security and pensions | 62 | €283,558 | €304,611 | +€21,053 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,433 | €20,602 | -€831 | -3.9% |
| Other operating charges | 640/8 | €9,694 | €5,028 | -€4,666 | -48.1% |
| Non-recurring operating charges | 66A | €3,916 | €1,980 | -€1,936 | -49.4% |
| Gross operating margin | 9900 | €386,788 | €456,932 | +€70,144 | +18.1% |
| Operating profit (loss) | 9901 | €68,187 | €124,711 | +€56,524 | +82.9% |
| Financial income | 75/76B | €553 | €2,342 | +€1,789 | +324% |
| Recurring financial income | 75 | €553 | €2,342 | +€1,789 | +324% |
| Financial charges | 65/66B | €4,307 | €1,094 | -€3,213 | -74.6% |
| Recurring financial charges | 65 | €4,307 | €1,094 | -€3,213 | -74.6% |
| Profit (loss) for the period before taxes | 9903 | €64,433 | €125,959 | +€61,526 | +95.5% |
| Income taxes | 67/77 | -€153 | €11,743 | +€11,896 | |
| Profit (loss) for the period | 9904 | €64,586 | €114,216 | +€49,630 | +76.8% |
| Profit (loss) for the period to be appropriated | 9905 | €64,586 | €114,216 | +€49,630 | +76.8% |
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 19 October 2026 via checked.be.