'T HOFKE: 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.
'T HOFKE
Largest movements
- Cash +€148
up €148 (+1,472%), from €10 to €158
mainly Other debts (+€1,763) and Trade debts (+€1,163)
- Equity -€2,778
down €2,778 (-88.2%), from €3,148 to €370
of which Profit (loss) carried forward: -€2,778
- Other debts +€1,763
up €1,763 (+17.1%), from €10,333 to €12,095
- Trade debts +€1,163
up €1,163 (+711%), from €164 to €1,327
- Gross operating margin -€1,879
new in 2025: -€1,879
- Financial charges +€65
up €65 (+33.2%), from €197 to €262
- Other operating charges -€54
down €54 (-7.8%), from €691 to €637
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 | €13,644 | €13,792 | +€148 | +1.1% |
| Fixed assets | 21/28 | €13,634 | €13,634 | = | 0.0% |
| Tangible fixed assets | 22/27 | €13,634 | €13,634 | = | 0.0% |
| Land and buildings | 22 | €13,634 | €13,634 | = | 0.0% |
| Current assets | 29/58 | €10 | €158 | +€148 | +1,472% |
| Cash at bank and in hand | 54/58 | €10 | €158 | +€148 | +1,472% |
| Total equity and liabilities | 10/49 | €13,644 | €13,792 | +€148 | +1.1% |
| Equity | 10/15 | €3,148 | €370 | -€2,778 | -88.2% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €9,001 | €9,001 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,001 | €9,001 | = | 0.0% |
| Legal reserve | 130 | €9,001 | €9,001 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€451 | -€3,229 | -€2,778 | -615% |
| Advance to shareholders on the distribution of net assets | 19 | €129,348 | €129,348 | = | 0.0% |
| Amounts payable | 17/49 | €10,496 | €13,422 | +€2,926 | +27.9% |
| Amounts payable within one year | 42/48 | €10,496 | €13,422 | +€2,926 | +27.9% |
| Trade debts | 44 | €164 | €1,327 | +€1,163 | +711% |
| Suppliers | 440/4 | €164 | €1,327 | +€1,163 | +711% |
| Other amounts payable | 47/48 | €10,333 | €12,095 | +€1,763 | +17.1% |
| Other operating charges | 640/8 | €691 | €637 | -€54 | -7.8% |
| Gross operating margin | 9900 | - | -€1,879 | -€1,879 | |
| Operating profit (loss) | 9901 | -€691 | -€2,516 | -€1,825 | -264% |
| Financial charges | 65/66B | €197 | €262 | +€65 | +33.2% |
| Recurring financial charges | 65 | €197 | €262 | +€65 | +33.2% |
| Profit (loss) for the period before taxes | 9903 | -€888 | -€2,778 | -€1,890 | -213% |
| Profit (loss) for the period | 9904 | -€888 | -€2,778 | -€1,890 | -213% |
| Profit (loss) for the period to be appropriated | 9905 | -€888 | -€2,778 | -€1,890 | -213% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.