HOOVAN: what changed
Two fiscal 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.
HOOVAN
Largest movements
- Cash -€49,709
down €49,709 (-77.6%), from €64,039 to €14,330
mainly Debts after one year (-€18,712) and Net result for the year (-€16,001)
- Debts after one year -€18,712
down €18,712 (-20.8%), from €90,145 to €71,433
- Profit (loss) carried forward -€17,667
down €17,667 (-37.3%), from €47,308 to €29,642
- Trade debts -€6,232
down €6,232 (-46.3%), from €13,460 to €7,229
- Tax, wage and social debts -€5,287
down €5,287 (-92.9%), from €5,693 to €407
- Other debts -€4,068
down €4,068 (-28.1%), from €14,458 to €10,391
- Gross operating margin -€10,606
down €10,606 (-165.8%), from -€6,396 to -€17,002
- Provisions +€8,580
up €8,580, from -€8,580 to €0
- Financial income +€1,150
up €1,150 (+40.5%), from €2,839 to €3,990
- Taxes -€1,072
down €1,072 (-88.3%), from €1,214 to €143
- Financial charges -€798
down €798 (-49.4%), from €1,616 to €817
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.
Cash bridge derived
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 | €199,638 | €147,812 | -€51,825 | -26.0% |
| Fixed assets | 21/28 | €2,757 | €1,689 | -€1,068 | -38.7% |
| Tangible fixed assets | 22/27 | €2,757 | €1,689 | -€1,068 | -38.7% |
| Furniture and vehicles | 24 | €2,757 | €1,689 | -€1,068 | -38.7% |
| Current assets | 29/58 | €196,881 | €146,124 | -€50,757 | -25.8% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €2,235 | €1,170 | -€1,065 | -47.6% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €2,235 | €1,170 | -€1,065 | -47.6% |
| Current investments | 50/53 | €130,000 | €130,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €64,039 | €14,330 | -€49,709 | -77.6% |
| Deferred charges and accrued income | 490/1 | €607 | €624 | +€16 | +2.7% |
| Total equity and liabilities | 10/49 | €199,638 | €147,812 | -€51,825 | -26.0% |
| Equity | 10/15 | €57,308 | €39,642 | -€17,667 | -30.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,308 | €29,642 | -€17,667 | -37.3% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €142,329 | €108,171 | -€34,159 | -24.0% |
| Amounts payable after more than one year | 17 | €90,145 | €71,433 | -€18,712 | -20.8% |
| Financial debts | 170/4 | €90,145 | €71,433 | -€18,712 | -20.8% |
| Amounts payable within one year | 42/48 | €52,185 | €36,738 | -€15,447 | -29.6% |
| Current portion of amounts payable after more than one year | 42 | €18,572 | €18,712 | +€140 | +0.8% |
| Trade debts | 44 | €13,460 | €7,229 | -€6,232 | -46.3% |
| Suppliers | 440/4 | €13,460 | €7,229 | -€6,232 | -46.3% |
| Taxes, remuneration and social security | 45 | €5,693 | €407 | -€5,287 | -92.9% |
| Taxes | 450/3 | €5,693 | €407 | -€5,287 | -92.9% |
| Other amounts payable | 47/48 | €14,458 | €10,391 | -€4,068 | -28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,068 | €1,068 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€8,580 | €0 | +€8,580 | |
| Other operating charges | 640/8 | €164 | €960 | +€796 | +484.7% |
| Gross operating margin | 9900 | -€6,396 | -€17,002 | -€10,606 | -165.8% |
| Operating profit (loss) | 9901 | €951 | -€19,031 | -€19,982 | |
| Financial income | 75/76B | €2,839 | €3,990 | +€1,150 | +40.5% |
| Recurring financial income | 75 | €2,839 | €3,990 | +€1,150 | +40.5% |
| Financial charges | 65/66B | €1,616 | €817 | -€798 | -49.4% |
| Recurring financial charges | 65 | €1,616 | €817 | -€798 | -49.4% |
| Profit (loss) for the period before taxes | 9903 | €2,175 | -€15,858 | -€18,033 | |
| Income taxes | 67/77 | €1,214 | €143 | -€1,072 | -88.3% |
| Profit (loss) for the period | 9904 | €961 | -€16,001 | -€16,961 | |
| Profit (loss) for the period to be appropriated | 9905 | €961 | -€16,001 | -€16,961 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.