Thierry HOFFAIT, Avocat: 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.
Thierry HOFFAIT, Avocat
Largest movements
- Cash -€17,703
down €17,703 (-36.1%), from €49,012 to €31,308
mainly Other debts (-€18,000) and Contributions, distributions and other (-€12,000)
- Receivables within one year +€9,385
up €9,385 (+105%), from €8,932 to €18,317
of which Other amounts receivable: +€5,131
- Other debts -€18,000
down €18,000 (-60.0%), from €30,000 to €12,000
- Profit (loss) carried forward +€7,886
up €7,886 (+107%), from €7,402 to €15,287
- Trade debts +€2,404
up €2,404 (+487%), from €493 to €2,898
- Gross operating margin -€17,315
down €17,315 (-39.3%), from €44,005 to €26,690
- Taxes -€5,340
down €5,340 (-48.4%), from €11,040 to €5,700
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 | €59,004 | €50,738 | -€8,266 | -14.0% |
| Fixed assets | 21/28 | €180 | €180 | = | 0.0% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €58,824 | €50,558 | -€8,266 | -14.1% |
| Amounts receivable within one year | 40/41 | €8,932 | €18,317 | +€9,385 | +105% |
| Trade receivables | 40 | €6,206 | €10,460 | +€4,254 | +68.6% |
| Other amounts receivable | 41 | €2,726 | €7,857 | +€5,131 | +188% |
| Cash at bank and in hand | 54/58 | €49,012 | €31,308 | -€17,703 | -36.1% |
| Deferred charges and accrued income | 490/1 | €881 | €933 | +€53 | +6.0% |
| Total equity and liabilities | 10/49 | €59,004 | €50,738 | -€8,266 | -14.0% |
| Equity | 10/15 | €27,862 | €35,747 | +€7,886 | +28.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,402 | €15,287 | +€7,886 | +107% |
| Amounts payable | 17/49 | €31,142 | €14,991 | -€16,151 | -51.9% |
| Amounts payable within one year | 42/48 | €31,142 | €14,991 | -€16,151 | -51.9% |
| Trade debts | 44 | €493 | €2,898 | +€2,404 | +487% |
| Suppliers | 440/4 | €493 | €2,898 | +€2,404 | +487% |
| Taxes, remuneration and social security | 45 | €649 | €93 | -€556 | -85.6% |
| Taxes | 450/3 | €649 | €93 | -€556 | -85.6% |
| Other amounts payable | 47/48 | €30,000 | €12,000 | -€18,000 | -60.0% |
| Other operating charges | 640/8 | €1,204 | €952 | -€253 | -21.0% |
| Gross operating margin | 9900 | €44,005 | €26,690 | -€17,315 | -39.3% |
| Operating profit (loss) | 9901 | €42,800 | €25,738 | -€17,063 | -39.9% |
| Financial charges | 65/66B | €138 | €152 | +€14 | +10.1% |
| Recurring financial charges | 65 | €138 | €152 | +€14 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | €42,662 | €25,586 | -€17,077 | -40.0% |
| Income taxes | 67/77 | €11,040 | €5,700 | -€5,340 | -48.4% |
| Profit (loss) for the period | 9904 | €31,622 | €19,886 | -€11,737 | -37.1% |
| Profit (loss) for the period to be appropriated | 9905 | €31,622 | €19,886 | -€11,737 | -37.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.