HOORENS & CIE: 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.
HOORENS & CIE
Largest movements
- Cash -€11,208
down €11,208 (-72.9%), from €15,369 to €4,161
mainly Other debts (-€240,680) and Debts after one year (-€8,916)
- Other debts -€240,680
down €240,680 (-25.1%), from €959,091 to €718,411
- Reserves +€199,756
up €199,756 (+165%), from €120,974 to €320,730
of which Distributable reserves: +€199,756
- Tax, wage and social debts +€20,038
up €20,038 (+7,169%), from €280 to €20,317
- Profit (loss) carried forward +€12,601
up €12,601, from -€12,601 to €0
- Financial income +€255,012
up €255,012 (+25,001,176%), from €1 to €255,013
- Taxes +€20,042
up €20,042 (+7,162%), from €280 to €20,321
- Gross operating margin -€16,736
down €16,736, from €5,435 to -€11,300
- Financial charges -€456
down €456 (-26.3%), from €1,736 to €1,280
- Other operating charges -€154
down €154 (-4.6%), from €3,308 to €3,155
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 | €1,097,751 | €1,079,218 | -€18,534 | -1.7% |
| Fixed assets | 21/28 | €1,081,137 | €1,074,537 | -€6,600 | -0.6% |
| Tangible fixed assets | 22/27 | €14,104 | €7,504 | -€6,600 | -46.8% |
| Furniture and vehicles | 24 | €14,104 | €7,504 | -€6,600 | -46.8% |
| Financial fixed assets | 28 | €1,067,033 | €1,067,033 | = | 0.0% |
| Current assets | 29/58 | €16,614 | €4,680 | -€11,934 | -71.8% |
| Amounts receivable within one year | 40/41 | €858 | €0 | -€858 | -100% |
| Trade receivables | 40 | €858 | €0 | -€858 | -100% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €15,369 | €4,161 | -€11,208 | -72.9% |
| Deferred charges and accrued income | 490/1 | €387 | €519 | +€132 | +34.2% |
| Total equity and liabilities | 10/49 | €1,097,751 | €1,079,218 | -€18,534 | -1.7% |
| Equity | 10/15 | €114,573 | €326,930 | +€212,356 | +185% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €120,974 | €320,730 | +€199,756 | +165% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €890 | €890 | = | 0.0% |
| Distributable reserves | 133 | €120,084 | €319,840 | +€199,756 | +166% |
| Profit (loss) carried forward | 14 | -€12,601 | €0 | +€12,601 | |
| Amounts payable | 17/49 | €983,178 | €752,288 | -€230,890 | -23.5% |
| Amounts payable after more than one year | 17 | €9,558 | €642 | -€8,916 | -93.3% |
| Financial debts | 170/4 | €9,558 | €642 | -€8,916 | -93.3% |
| Amounts payable within one year | 42/48 | €973,619 | €751,646 | -€221,974 | -22.8% |
| Current portion of amounts payable after more than one year | 42 | €12,585 | €8,916 | -€3,669 | -29.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,663 | €4,001 | +€2,338 | +141% |
| Suppliers | 440/4 | €1,663 | €4,001 | +€2,338 | +141% |
| Taxes, remuneration and social security | 45 | €280 | €20,317 | +€20,038 | +7,169% |
| Taxes | 450/3 | €280 | €20,317 | +€20,038 | +7,169% |
| Other amounts payable | 47/48 | €959,091 | €718,411 | -€240,680 | -25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,600 | €6,600 | = | 0.0% |
| Other operating charges | 640/8 | €3,308 | €3,155 | -€154 | -4.6% |
| Non-recurring operating charges | 66A | €6,113 | €0 | -€6,113 | -100% |
| Gross operating margin | 9900 | €5,435 | -€11,300 | -€16,736 | |
| Operating profit (loss) | 9901 | -€10,586 | -€21,055 | -€10,469 | -98.9% |
| Financial income | 75/76B | €1 | €255,013 | +€255,012 | +25,001,176% |
| Recurring financial income | 75 | €1 | €255,013 | +€255,012 | +25,001,176% |
| Financial charges | 65/66B | €1,736 | €1,280 | -€456 | -26.3% |
| Recurring financial charges | 65 | €1,736 | €1,280 | -€456 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | -€12,321 | €232,678 | +€244,999 | |
| Income taxes | 67/77 | €280 | €20,321 | +€20,042 | +7,162% |
| Profit (loss) for the period | 9904 | -€12,601 | €212,356 | +€224,957 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,601 | €212,356 | +€224,957 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.