Ton de Hoog: 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.
Ton de Hoog
Largest movements
- Cash -€197,820
down €197,820 (-49.3%), from €401,199 to €203,380
mainly Receivables within one year (-€192,500) and Net result for the year (-€6,438)
- Receivables within one year +€192,500
up €192,500 (+481%), from €40,000 to €232,500
- Reserves -€6,438
down €6,438 (-1.5%), from €423,359 to €416,921
- Gross operating margin +€9,599
up €9,599 (+56.0%), from -€17,154 to -€7,555
- Other operating charges -€1,165
down €1,165 (-40.4%), from €2,879 to €1,715
- Financial income +€1,144
up €1,144 (+61.8%), from €1,851 to €2,995
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 | €441,909 | €435,880 | -€6,029 | -1.4% |
| Current assets | 29/58 | €441,909 | €435,880 | -€6,029 | -1.4% |
| Amounts receivable within one year | 40/41 | €40,000 | €232,500 | +€192,500 | +481% |
| Other amounts receivable | 41 | €40,000 | €232,500 | +€192,500 | +481% |
| Cash at bank and in hand | 54/58 | €401,199 | €203,380 | -€197,820 | -49.3% |
| Deferred charges and accrued income | 490/1 | €710 | €0 | -€710 | -100% |
| Total equity and liabilities | 10/49 | €441,909 | €435,880 | -€6,029 | -1.4% |
| Equity | 10/15 | €441,909 | €435,471 | -€6,438 | -1.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €423,359 | €416,921 | -€6,438 | -1.5% |
| Distributable reserves | 133 | €423,359 | €416,921 | -€6,438 | -1.5% |
| Amounts payable | 17/49 | €0 | €408 | +€408 | |
| Amounts payable within one year | 42/48 | €0 | €408 | +€408 | |
| Trade debts | 44 | €0 | €408 | +€408 | |
| Suppliers | 440/4 | €0 | €408 | +€408 | |
| Other operating charges | 640/8 | €2,879 | €1,715 | -€1,165 | -40.4% |
| Gross operating margin | 9900 | -€17,154 | -€7,555 | +€9,599 | +56.0% |
| Operating profit (loss) | 9901 | -€20,034 | -€9,270 | +€10,764 | +53.7% |
| Financial income | 75/76B | €1,851 | €2,995 | +€1,144 | +61.8% |
| Recurring financial income | 75 | €1,851 | €2,995 | +€1,144 | +61.8% |
| Financial charges | 65/66B | €210 | €163 | -€47 | -22.2% |
| Recurring financial charges | 65 | €210 | €163 | -€47 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | -€18,392 | -€6,438 | +€11,955 | +65.0% |
| Profit (loss) for the period | 9904 | -€18,392 | -€6,438 | +€11,955 | +65.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,392 | -€6,438 | +€11,955 | +65.0% |
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 31 October 2026 via checked.be.