Five H Company: 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.
Five H Company
Largest movements
- Cash -€105,927
down €105,927 (-83.4%), from €127,048 to €21,122
mainly Receivables after one year (-€79,590) and Investment in fixed assets (net) (-€57,880)
- Receivables after one year +€79,590
new in 2025: €79,590
- Tangible fixed assets +€50,530
up €50,530 (+2558.6%), from €1,975 to €52,505
- Deferred charges and accrued income +€7,308
new in 2025: €7,308
- Reserves +€30,745
up €30,745 (+28.2%), from €109,087 to €139,832
- Depreciation +€6,768
up €6,768 (+1164.5%), from €581 to €7,350
- Financial income +€5,528
up €5,528 (+5527600.0%), from €0 to €5,528
- Other operating charges +€1,057
up €1,057 (+273.0%), from €387 to €1,445
- Gross operating margin +€663
up €663 (+1.6%), from €42,325 to €42,988
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.
Cash bridge derived
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 | €142,919 | €174,247 | +€31,327 | +21.9% |
| Fixed assets | 21/28 | €1,975 | €52,505 | +€50,530 | +2558.6% |
| Tangible fixed assets | 22/27 | €1,975 | €52,505 | +€50,530 | +2558.6% |
| Furniture and vehicles | 24 | €1,975 | €52,505 | +€50,530 | +2558.6% |
| Current assets | 29/58 | €140,944 | €121,741 | -€19,203 | -13.6% |
| Amounts receivable after more than one year | 29 | - | €79,590 | +€79,590 | |
| Other amounts receivable | 291 | - | €79,590 | +€79,590 | |
| Amounts receivable within one year | 40/41 | €13,896 | €13,721 | -€175 | -1.3% |
| Trade receivables | 40 | €12,959 | €13,721 | +€762 | +5.9% |
| Other amounts receivable | 41 | €937 | - | -€937 | |
| Cash at bank and in hand | 54/58 | €127,048 | €21,122 | -€105,927 | -83.4% |
| Deferred charges and accrued income | 490/1 | - | €7,308 | +€7,308 | |
| Total equity and liabilities | 10/49 | €142,919 | €174,247 | +€31,327 | +21.9% |
| Equity | 10/15 | €115,087 | €145,832 | +€30,745 | +26.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €109,087 | €139,832 | +€30,745 | +28.2% |
| Distributable reserves | 133 | €109,087 | €139,832 | +€30,745 | +28.2% |
| Amounts payable | 17/49 | €27,832 | €28,415 | +€583 | +2.1% |
| Amounts payable within one year | 42/48 | €26,832 | €26,415 | -€417 | -1.6% |
| Trade debts | 44 | €1,783 | €322 | -€1,461 | -81.9% |
| Suppliers | 440/4 | €1,783 | €322 | -€1,461 | -81.9% |
| Taxes, remuneration and social security | 45 | €24,845 | €25,290 | +€445 | +1.8% |
| Taxes | 450/3 | €20,813 | €21,257 | +€445 | +2.1% |
| Remuneration and social security | 454/9 | €4,032 | €4,032 | = | 0.0% |
| Other amounts payable | 47/48 | €204 | €803 | +€599 | +293.9% |
| Accrued charges and deferred income | 492/3 | €1,000 | €2,000 | +€1,000 | +100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €581 | €7,350 | +€6,768 | +1164.5% |
| Other operating charges | 640/8 | €387 | €1,445 | +€1,057 | +273.0% |
| Gross operating margin | 9900 | €42,325 | €42,988 | +€663 | +1.6% |
| Operating profit (loss) | 9901 | €41,356 | €34,193 | -€7,163 | -17.3% |
| Financial income | 75/76B | €0 | €5,528 | +€5,528 | +5527600.0% |
| Recurring financial income | 75 | €0 | €5,528 | +€5,528 | +5527600.0% |
| Financial charges | 65/66B | €87 | €134 | +€47 | +54.3% |
| Recurring financial charges | 65 | €87 | €134 | +€47 | +54.3% |
| Profit (loss) for the period before taxes | 9903 | €41,269 | €39,587 | -€1,682 | -4.1% |
| Income taxes | 67/77 | €8,493 | €8,842 | +€349 | +4.1% |
| Profit (loss) for the period | 9904 | €32,776 | €30,745 | -€2,032 | -6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €32,776 | €30,745 | -€2,032 | -6.2% |
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 10 October 2026 via checked.be.