INT HOFKEN: 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.
INT HOFKEN
Largest movements
- Tangible fixed assets -€5,733
down €5,733 (-25.9%), from €22,134 to €16,401
of which Other tangible fixed assets: -€5,269
- Cash +€906
up €906 (+43.5%), from €2,084 to €2,989
mainly Net result for the year (+€31,112) and Depreciation (+€5,733)
- Profit (loss) carried forward +€31,112
up €31,112 (+34.0%), from -€91,445 to -€60,333
- Other debts -€19,985
down €19,985 (-20.9%), from €95,694 to €75,709
- Current portion of long-term debt -€16,287
no longer reported in 2025 (was €16,287)
- Depreciation -€5,622
down €5,622 (-49.5%), from €11,355 to €5,733
- Gross operating margin +€2,685
up €2,685 (+7.7%), from €34,889 to €37,574
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 | €39,797 | €34,969 | -€4,827 | -12.1% |
| Fixed assets | 21/28 | €22,134 | €16,401 | -€5,733 | -25.9% |
| Tangible fixed assets | 22/27 | €22,134 | €16,401 | -€5,733 | -25.9% |
| Furniture and vehicles | 24 | €464 | - | -€464 | |
| Other tangible fixed assets | 26 | €21,670 | €16,401 | -€5,269 | -24.3% |
| Current assets | 29/58 | €17,662 | €18,568 | +€906 | +5.1% |
| Amounts receivable within one year | 40/41 | €15,579 | €15,579 | = | 0.0% |
| Trade receivables | 40 | €15,579 | €15,579 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,084 | €2,989 | +€906 | +43.5% |
| Total equity and liabilities | 10/49 | €39,797 | €34,969 | -€4,827 | -12.1% |
| Equity | 10/15 | -€72,845 | -€41,733 | +€31,112 | +42.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,445 | -€60,333 | +€31,112 | +34.0% |
| Amounts payable | 17/49 | €112,642 | €76,702 | -€35,940 | -31.9% |
| Amounts payable within one year | 42/48 | €112,642 | €76,702 | -€35,940 | -31.9% |
| Current portion of amounts payable after more than one year | 42 | €16,287 | - | -€16,287 | |
| Trade debts | 44 | €661 | €993 | +€332 | +50.2% |
| Suppliers | 440/4 | €661 | €993 | +€332 | +50.2% |
| Other amounts payable | 47/48 | €95,694 | €75,709 | -€19,985 | -20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,355 | €5,733 | -€5,622 | -49.5% |
| Gross operating margin | 9900 | €34,889 | €37,574 | +€2,685 | +7.7% |
| Operating profit (loss) | 9901 | €23,534 | €31,841 | +€8,307 | +35.3% |
| Financial charges | 65/66B | €950 | €729 | -€221 | -23.3% |
| Recurring financial charges | 65 | €950 | €729 | -€221 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | €22,585 | €31,112 | +€8,528 | +37.8% |
| Profit (loss) for the period | 9904 | €22,585 | €31,112 | +€8,528 | +37.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,585 | €31,112 | +€8,528 | +37.8% |
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 15 October 2026 via checked.be.