HOVA INTERIORS: what changed
HOVA INTERIORS
Largest movements
- Tangible fixed assets +€80,230
up €80,230 (+27.3%), from €293,833 to €374,064
of which Furniture and vehicles: +€101,004
- Receivables within one year +€60,557
up €60,557 (+308%), from €19,666 to €80,223
of which Trade receivables: +€54,581
- Cash -€7,998
down €7,998 (-33.2%), from €24,061 to €16,063
mainly Investment in fixed assets (net) (-€109,912) and Receivables within one year (-€60,557)
- Stocks and contracts -€7,983
down €7,983 (-2.5%), from €318,258 to €310,275
of which Contracts in progress: -€28,595
- Reserves +€47,306
up €47,306 (+69.0%), from €68,537 to €115,843
of which Tax-exempt reserves: +€28,811
- Trade debts +€27,148
up €27,148 (+512%), from €5,302 to €32,450
- Debts after one year +€23,516
up €23,516 (+8.0%), from €293,694 to €317,210
- Current portion of long-term debt +€11,402
up €11,402 (+9.3%), from €122,516 to €133,918
- Gross operating margin +€26,437
up €26,437 (+31.4%), from €84,317 to €110,754
- Financial charges -€20,605
down €20,605 (-53.7%), from €38,402 to €17,797
- Other operating charges -€6,298
down €6,298 (-61.4%), from €10,264 to €3,966
- Depreciation -€5,900
down €5,900 (-16.6%), from €35,582 to €29,682
- Write-downs +€5,740
no longer reported in 2025 (was -€5,740)
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
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €656,763 | €781,649 | +€124,886 | +19.0% |
| Fixed assets | 21/28 | €293,833 | €374,064 | +€80,230 | +27.3% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €293,833 | €374,064 | +€80,230 | +27.3% |
| Land and buildings | 22 | €265,082 | €252,334 | -€12,748 | -4.8% |
| Plant, machinery and equipment | 23 | €2,311 | €965 | -€1,346 | -58.2% |
| Furniture and vehicles | 24 | €293 | €101,297 | +€101,004 | +34,435% |
| Other tangible fixed assets | 26 | €26,147 | €19,467 | -€6,679 | -25.5% |
| Current assets | 29/58 | €362,930 | €407,585 | +€44,656 | +12.3% |
| Stocks and contracts in progress | 3 | €318,258 | €310,275 | -€7,983 | -2.5% |
| Stocks | 30/36 | €289,663 | €310,275 | +€20,612 | +7.1% |
| Contracts in progress | 37 | €28,595 | - | -€28,595 | |
| Amounts receivable within one year | 40/41 | €19,666 | €80,223 | +€60,557 | +308% |
| Trade receivables | 40 | €6,668 | €61,249 | +€54,581 | +819% |
| Other amounts receivable | 41 | €12,998 | €18,975 | +€5,976 | +46.0% |
| Cash at bank and in hand | 54/58 | €24,061 | €16,063 | -€7,998 | -33.2% |
| Deferred charges and accrued income | 490/1 | €944 | €1,024 | +€80 | +8.5% |
| Total equity and liabilities | 10/49 | €656,763 | €781,649 | +€124,886 | +19.0% |
| Equity | 10/15 | €74,737 | €122,043 | +€47,306 | +63.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €68,537 | €115,843 | +€47,306 | +69.0% |
| Tax-exempt reserves | 132 | - | €28,811 | +€28,811 | |
| Distributable reserves | 133 | €68,537 | €87,032 | +€18,495 | +27.0% |
| Provisions and deferred taxes | 16 | - | €7,203 | +€7,203 | |
| Deferred taxes | 168 | - | €7,203 | +€7,203 | |
| Amounts payable | 17/49 | €582,026 | €652,403 | +€70,378 | +12.1% |
| Amounts payable after more than one year | 17 | €293,694 | €317,210 | +€23,516 | +8.0% |
| Financial debts | 170/4 | €293,694 | €317,210 | +€23,516 | +8.0% |
| Amounts payable within one year | 42/48 | €288,332 | €335,194 | +€46,862 | +16.3% |
| Current portion of amounts payable after more than one year | 42 | €122,516 | €133,918 | +€11,402 | +9.3% |
| Trade debts | 44 | €5,302 | €32,450 | +€27,148 | +512% |
| Suppliers | 440/4 | €5,302 | €32,450 | +€27,148 | +512% |
| Taxes, remuneration and social security | 45 | €590 | €1,187 | +€596 | +101% |
| Taxes | 450/3 | €590 | €1,187 | +€596 | +101% |
| Other amounts payable | 47/48 | €159,924 | €167,639 | +€7,715 | +4.8% |
| Non-recurring operating income | 76A | - | €39,006 | +€39,006 | |
| Remuneration, social security and pensions | 62 | €4,238 | - | -€4,238 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,582 | €29,682 | -€5,900 | -16.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€5,740 | - | +€5,740 | |
| Other operating charges | 640/8 | €10,264 | €3,966 | -€6,298 | -61.4% |
| Gross operating margin | 9900 | €84,317 | €110,754 | +€26,437 | +31.4% |
| Operating profit (loss) | 9901 | €39,973 | €77,106 | +€37,133 | +92.9% |
| Financial income | 75/76B | €422 | €109 | -€313 | -74.2% |
| Recurring financial income | 75 | €422 | €109 | -€313 | -74.2% |
| Financial charges | 65/66B | €38,402 | €17,797 | -€20,605 | -53.7% |
| Recurring financial charges | 65 | €38,402 | €17,797 | -€20,605 | -53.7% |
| Profit (loss) for the period before taxes | 9903 | €1,993 | €59,418 | +€57,425 | +2,882% |
| Transfer from deferred taxes | 780 | - | €598 | +€598 | |
| Transfer to deferred taxes | 680 | - | €7,801 | +€7,801 | |
| Income taxes | 67/77 | €1,235 | €4,909 | +€3,674 | +298% |
| Profit (loss) for the period | 9904 | €758 | €47,306 | +€46,548 | +6,140% |
| Transfer from tax-exempt reserves | 789 | - | €2,394 | +€2,394 | |
| Transfer to tax-exempt reserves | 689 | - | €31,205 | +€31,205 | |
| Profit (loss) for the period to be appropriated | 9905 | €758 | €18,495 | +€17,737 | +2,340% |
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 7 November 2026 via checked.be.