JOS HOFFBAUER: 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.
JOS HOFFBAUER
Largest movements
- Current investments +€100,000
up €100,000 (+50.0%), from €200,000 to €300,000
- Cash -€18,259
down €18,259 (-11.6%), from €158,052 to €139,792
mainly Current investments (-€100,000) and Contributions, distributions and other (-€48,623)
- Tangible fixed assets -€17,260
down €17,260 (-22.9%), from €75,346 to €58,086
of which Furniture and vehicles: -€14,134
- Reserves +€71,779
up €71,779 (+12.9%), from €555,376 to €627,155
- Tax, wage and social debts -€7,112
down €7,112 (-28.2%), from €25,182 to €18,070
- Gross operating margin -€27,455
down €27,455 (-12.5%), from €219,499 to €192,044
- Taxes -€6,189
down €6,189 (-9.3%), from €66,807 to €60,618
- Financial income +€3,077
up €3,077 (+56.8%), from €5,417 to €8,494
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 | €600,070 | €661,846 | +€61,776 | +10.3% |
| Fixed assets | 21/28 | €75,346 | €58,086 | -€17,260 | -22.9% |
| Tangible fixed assets | 22/27 | €75,346 | €58,086 | -€17,260 | -22.9% |
| Furniture and vehicles | 24 | €48,998 | €34,864 | -€14,134 | -28.8% |
| Other tangible fixed assets | 26 | €26,348 | €23,222 | -€3,127 | -11.9% |
| Current assets | 29/58 | €524,723 | €603,760 | +€79,036 | +15.1% |
| Amounts receivable within one year | 40/41 | €112,154 | €106,327 | -€5,827 | -5.2% |
| Other amounts receivable | 41 | €112,154 | €106,327 | -€5,827 | -5.2% |
| Current investments | 50/53 | €200,000 | €300,000 | +€100,000 | +50.0% |
| Cash at bank and in hand | 54/58 | €158,052 | €139,792 | -€18,259 | -11.6% |
| Deferred charges and accrued income | 490/1 | €54,517 | €57,640 | +€3,123 | +5.7% |
| Total equity and liabilities | 10/49 | €600,070 | €661,846 | +€61,776 | +10.3% |
| Equity | 10/15 | €567,776 | €639,555 | +€71,779 | +12.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €555,376 | €627,155 | +€71,779 | +12.9% |
| Distributable reserves | 133 | €555,376 | €627,155 | +€71,779 | +12.9% |
| Amounts payable | 17/49 | €32,293 | €22,290 | -€10,003 | -31.0% |
| Amounts payable within one year | 42/48 | €31,844 | €21,829 | -€10,015 | -31.5% |
| Trade debts | 44 | €6,662 | €3,759 | -€2,903 | -43.6% |
| Suppliers | 440/4 | €6,662 | €3,759 | -€2,903 | -43.6% |
| Taxes, remuneration and social security | 45 | €25,182 | €18,070 | -€7,112 | -28.2% |
| Taxes | 450/3 | €25,182 | €18,070 | -€7,112 | -28.2% |
| Accrued charges and deferred income | 492/3 | €449 | €462 | +€12 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,443 | €17,260 | -€1,183 | -6.4% |
| Other operating charges | 640/8 | €1,610 | €1,171 | -€439 | -27.3% |
| Gross operating margin | 9900 | €219,499 | €192,044 | -€27,455 | -12.5% |
| Operating profit (loss) | 9901 | €199,446 | €173,613 | -€25,833 | -13.0% |
| Financial income | 75/76B | €5,417 | €8,494 | +€3,077 | +56.8% |
| Recurring financial income | 75 | €5,417 | €8,494 | +€3,077 | +56.8% |
| Financial charges | 65/66B | €1,362 | €1,088 | -€274 | -20.1% |
| Recurring financial charges | 65 | €1,362 | €1,088 | -€274 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €203,501 | €181,019 | -€22,481 | -11.0% |
| Income taxes | 67/77 | €66,807 | €60,618 | -€6,189 | -9.3% |
| Profit (loss) for the period | 9904 | €136,694 | €120,402 | -€16,292 | -11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €136,694 | €120,402 | -€16,292 | -11.9% |
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 17 October 2026 via checked.be.