HOPE & FAITH: what changed
HOPE & FAITH
Largest movements
- Receivables within one year -€9,542
down €9,542 (-9.6%), from €99,791 to €90,249
of which Other amounts receivable: -€11,103
- Deferred charges and accrued income -€4,650
down €4,650 (-59.0%), from €7,877 to €3,227
- Profit (loss) carried forward -€16,127
down €16,127 (-20.7%), from €77,730 to €61,603
- Short-term financial debts +€9,796
up €9,796 (+241%), from €4,058 to €13,854
- Tax, wage and social debts -€9,412
down €9,412 (-51.4%), from €18,329 to €8,917
of which Taxes: -€8,612
- Trade debts +€2,332
up €2,332 (+26.1%), from €8,936 to €11,268
- Gross operating margin -€41,269
down €41,269, from €23,757 to -€17,512
- Taxes -€7,517
no longer reported in 2025 (was €7,517)
- Financial charges +€1,115
up €1,115 (+109%), from €1,024 to €2,140
- Other operating charges +€819
up €819 (+838%), from €98 to €916
- Depreciation +€372
up €372 (+106%), from €350 to €721
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €112,053 | €98,642 | -€13,411 | -12.0% |
| Fixed assets | 21/28 | €2,384 | €3,188 | +€804 | +33.7% |
| Tangible fixed assets | 22/27 | €1,194 | €1,998 | +€804 | +67.3% |
| Plant, machinery and equipment | 23 | €1,194 | €845 | -€350 | -29.3% |
| Other tangible fixed assets | 26 | - | €1,153 | +€1,153 | |
| Financial fixed assets | 28 | €1,190 | €1,190 | = | 0.0% |
| Current assets | 29/58 | €109,669 | €95,455 | -€14,215 | -13.0% |
| Stocks and contracts in progress | 3 | €2,002 | €1,979 | -€23 | -1.1% |
| Stocks | 30/36 | €2,002 | €1,979 | -€23 | -1.1% |
| Amounts receivable within one year | 40/41 | €99,791 | €90,249 | -€9,542 | -9.6% |
| Trade receivables | 40 | €3,791 | €5,352 | +€1,562 | +41.2% |
| Other amounts receivable | 41 | €96,000 | €84,897 | -€11,103 | -11.6% |
| Deferred charges and accrued income | 490/1 | €7,877 | €3,227 | -€4,650 | -59.0% |
| Total equity and liabilities | 10/49 | €112,053 | €98,642 | -€13,411 | -12.0% |
| Equity | 10/15 | €80,730 | €64,603 | -€16,127 | -20.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,730 | €61,603 | -€16,127 | -20.7% |
| Amounts payable | 17/49 | €31,323 | €34,039 | +€2,716 | +8.7% |
| Amounts payable within one year | 42/48 | €31,323 | €34,039 | +€2,716 | +8.7% |
| Financial debts | 43 | €4,058 | €13,854 | +€9,796 | +241% |
| Credit institutions | 430/8 | €4,058 | €13,854 | +€9,796 | +241% |
| Trade debts | 44 | €8,936 | €11,268 | +€2,332 | +26.1% |
| Suppliers | 440/4 | €8,936 | €11,268 | +€2,332 | +26.1% |
| Taxes, remuneration and social security | 45 | €18,329 | €8,917 | -€9,412 | -51.4% |
| Taxes | 450/3 | €17,529 | €8,917 | -€8,612 | -49.1% |
| Remuneration and social security | 454/9 | €800 | - | -€800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €350 | €721 | +€372 | +106% |
| Other operating charges | 640/8 | €98 | €916 | +€819 | +838% |
| Non-recurring operating charges | 66A | €50 | - | -€50 | |
| Gross operating margin | 9900 | €23,757 | -€17,512 | -€41,269 | |
| Operating profit (loss) | 9901 | €23,260 | -€19,149 | -€42,409 | |
| Financial income | 75/76B | €5,350 | €5,162 | -€188 | -3.5% |
| Recurring financial income | 75 | €5,350 | €5,162 | -€188 | -3.5% |
| Financial charges | 65/66B | €1,024 | €2,140 | +€1,115 | +109% |
| Recurring financial charges | 65 | €1,024 | €2,140 | +€1,115 | +109% |
| Profit (loss) for the period before taxes | 9903 | €27,585 | -€16,127 | -€43,712 | |
| Income taxes | 67/77 | €7,517 | - | -€7,517 | |
| Profit (loss) for the period | 9904 | €20,068 | -€16,127 | -€36,195 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,068 | -€16,127 | -€36,195 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.