Hoover Concepts: 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.
What changed
Hoover Concepts
NACE 13.960, Manufacture of textiles
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€144,561
2024 · €73,085+€71,476
Equity
€432,930
2024 · €314,038+€118,892
Cash
€262,031
2024 · €108,938+€153,093
Balance sheet total
€649,184
2024 · €484,115+€165,069
Largest movements
Assets
- Cash +€153,093
up €153,093 (+141%), from €108,938 to €262,031
mainly Net result for the year (+€144,561) and Tax, wage and social debts (+€27,933)
- Stocks and contracts +€10,051
up €10,051 (+15.4%), from €65,256 to €75,307
Equity and liabilities
- Reserves +€118,892
up €118,892 (+41.9%), from €284,038 to €402,930
of which Distributable reserves: +€118,892
- Tax, wage and social debts +€27,933
up €27,933 (+5,556%), from €503 to €28,435
- Other debts +€24,869
up €24,869 (+3,109%), from €800 to €25,669
- Debts after one year -€8,083
down €8,083 (-8.6%), from €94,300 to €86,217
Income statement
- Gross operating margin +€105,624
up €105,624 (+80.2%), from €131,761 to €237,384
- Taxes +€34,801
up €34,801 (+114%), from €30,503 to €65,304
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.
Result 2024
€73,085
Gross operating margin
+€105,624
Depreciation
-€2,090
Other operating charges
+€1,391
Other operating items
+€232
Financial income
-€135
Financial charges
+€1,256
Taxes
-€34,801
Result 2025
€144,561
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€206,192
Investment
-€19,644
Financing
-€33,455
Cash 2024
€108,938
From operations (derived)
+€206,192
Net result for the year
+€144,561
Depreciation
+€15,842
Stocks and contracts
-€10,051
Receivables within one year
+€4,051
Deferred charges and accrued income
-€2,174
Trade debts
+€2,170
Tax, wage and social debts
+€27,933
Other debts
+€24,869
Accrued charges and deferred income
-€1,009
Investment (derived)
-€19,644
Investment in fixed assets (net)
-€19,644
Financing
-€33,455
Debts after one year
-€8,083
Current portion of long-term debt
+€297
Contributions, distributions and other
-€25,669
Cash 2025
€262,031
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €484,115 | €649,184 | +€165,069 | +34.1% |
| Fixed assets | 21/28 | €134,672 | €138,474 | +€3,802 | +2.8% |
| Intangible fixed assets | 21 | €5,161 | €3,481 | -€1,680 | -32.6% |
| Tangible fixed assets | 22/27 | €129,510 | €131,703 | +€2,193 | +1.7% |
| Land and buildings | 22 | €6,500 | €6,500 | = | 0.0% |
| Plant, machinery and equipment | 23 | €3,615 | €9,688 | +€6,072 | +168% |
| Furniture and vehicles | 24 | €4,785 | €3,442 | -€1,343 | -28.1% |
| Other tangible fixed assets | 26 | €114,610 | €112,074 | -€2,536 | -2.2% |
| Financial fixed assets | 28 | - | €3,290 | +€3,290 | |
| Current assets | 29/58 | €349,444 | €510,710 | +€161,267 | +46.1% |
| Stocks and contracts in progress | 3 | €65,256 | €75,307 | +€10,051 | +15.4% |
| Stocks | 30/36 | €65,256 | €75,307 | +€10,051 | +15.4% |
| Amounts receivable within one year | 40/41 | €168,358 | €164,307 | -€4,051 | -2.4% |
| Trade receivables | 40 | €152,087 | €160,278 | +€8,191 | +5.4% |
| Other amounts receivable | 41 | €16,271 | €4,029 | -€12,242 | -75.2% |
| Cash at bank and in hand | 54/58 | €108,938 | €262,031 | +€153,093 | +141% |
| Deferred charges and accrued income | 490/1 | €6,892 | €9,066 | +€2,174 | +31.5% |
| Total equity and liabilities | 10/49 | €484,115 | €649,184 | +€165,069 | +34.1% |
| Equity | 10/15 | €314,038 | €432,930 | +€118,892 | +37.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €284,038 | €402,930 | +€118,892 | +41.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €284,038 | €402,930 | +€118,892 | +41.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €170,077 | €216,255 | +€46,177 | +27.2% |
| Amounts payable after more than one year | 17 | €94,300 | €86,217 | -€8,083 | -8.6% |
| Financial debts | 170/4 | €94,300 | €86,217 | -€8,083 | -8.6% |
| Amounts payable within one year | 42/48 | €74,768 | €130,037 | +€55,269 | +73.9% |
| Current portion of amounts payable after more than one year | 42 | €7,786 | €8,083 | +€297 | +3.8% |
| Trade debts | 44 | €65,680 | €67,850 | +€2,170 | +3.3% |
| Suppliers | 440/4 | €65,680 | €67,850 | +€2,170 | +3.3% |
| Taxes, remuneration and social security | 45 | €503 | €28,435 | +€27,933 | +5,556% |
| Taxes | 450/3 | €503 | €28,435 | +€27,933 | +5,556% |
| Other amounts payable | 47/48 | €800 | €25,669 | +€24,869 | +3,109% |
| Accrued charges and deferred income | 492/3 | €1,009 | €0 | -€1,009 | -100% |
| Non-recurring operating income | 76A | €14,250 | €12,252 | -€1,998 | -14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,752 | €15,842 | +€2,090 | +15.2% |
| Other operating charges | 640/8 | €5,853 | €4,462 | -€1,391 | -23.8% |
| Non-recurring operating charges | 66A | €232 | €0 | -€232 | -100% |
| Gross operating margin | 9900 | €131,761 | €237,384 | +€105,624 | +80.2% |
| Operating profit (loss) | 9901 | €111,925 | €217,080 | +€105,156 | +94.0% |
| Financial income | 75/76B | €338 | €203 | -€135 | -39.8% |
| Recurring financial income | 75 | €338 | €203 | -€135 | -39.8% |
| Financial charges | 65/66B | €8,674 | €7,418 | -€1,256 | -14.5% |
| Recurring financial charges | 65 | €8,674 | €7,418 | -€1,256 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €103,588 | €209,865 | +€106,277 | +103% |
| Income taxes | 67/77 | €30,503 | €65,304 | +€34,801 | +114% |
| Profit (loss) for the period | 9904 | €73,085 | €144,561 | +€71,476 | +97.8% |
| Profit (loss) for the period to be appropriated | 9905 | €73,085 | €144,561 | +€71,476 | +97.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.