GROEP HCH: 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.
GROEP HCH
Largest movements
- Receivables within one year +€13,121
up €13,121 (+32.9%), from €39,866 to €52,987
of which Other amounts receivable: +€9,167
- Cash +€9,663
up €9,663 (+19.0%), from €50,823 to €60,486
mainly Net result for the year (+€14,543) and Depreciation (+€9,976)
- Tangible fixed assets -€2,764
down €2,764 (-8.3%), from €33,296 to €30,532
of which Furniture and vehicles: -€4,253
- Reserves +€14,543
up €14,543 (+13.9%), from €104,961 to €119,504
of which Distributable reserves: +€14,543
- Trade debts +€2,879
up €2,879 (+66.5%), from €4,328 to €7,207
- Tax, wage and social debts +€2,182
up €2,182 (+19.6%), from €11,112 to €13,295
- Gross operating margin -€7,634
down €7,634 (-17.4%), from €43,860 to €36,226
- Taxes +€2,147
up €2,147 (+25.9%), from €8,282 to €10,429
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 | €125,401 | €145,005 | +€19,605 | +15.6% |
| Fixed assets | 21/28 | €33,296 | €30,532 | -€2,764 | -8.3% |
| Tangible fixed assets | 22/27 | €33,296 | €30,532 | -€2,764 | -8.3% |
| Plant, machinery and equipment | 23 | €1,854 | €3,561 | +€1,708 | +92.1% |
| Furniture and vehicles | 24 | €29,405 | €25,151 | -€4,253 | -14.5% |
| Other tangible fixed assets | 26 | €2,038 | €1,820 | -€218 | -10.7% |
| Current assets | 29/58 | €92,104 | €114,473 | +€22,369 | +24.3% |
| Amounts receivable within one year | 40/41 | €39,866 | €52,987 | +€13,121 | +32.9% |
| Trade receivables | 40 | €21,663 | €25,617 | +€3,954 | +18.3% |
| Other amounts receivable | 41 | €18,203 | €27,370 | +€9,167 | +50.4% |
| Cash at bank and in hand | 54/58 | €50,823 | €60,486 | +€9,663 | +19.0% |
| Deferred charges and accrued income | 490/1 | €1,416 | €1,000 | -€415 | -29.3% |
| Total equity and liabilities | 10/49 | €125,401 | €145,005 | +€19,605 | +15.6% |
| Equity | 10/15 | €109,961 | €124,504 | +€14,543 | +13.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €104,961 | €119,504 | +€14,543 | +13.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €104,961 | €119,504 | +€14,543 | +13.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €15,440 | €20,502 | +€5,062 | +32.8% |
| Amounts payable within one year | 42/48 | €15,440 | €20,502 | +€5,062 | +32.8% |
| Trade debts | 44 | €4,328 | €7,207 | +€2,879 | +66.5% |
| Suppliers | 440/4 | €4,328 | €7,207 | +€2,879 | +66.5% |
| Taxes, remuneration and social security | 45 | €11,112 | €13,295 | +€2,182 | +19.6% |
| Taxes | 450/3 | €11,112 | €13,295 | +€2,182 | +19.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,570 | €9,976 | +€405 | +4.2% |
| Other operating charges | 640/8 | €871 | €1,008 | +€137 | +15.8% |
| Gross operating margin | 9900 | €43,860 | €36,226 | -€7,634 | -17.4% |
| Operating profit (loss) | 9901 | €33,419 | €25,242 | -€8,176 | -24.5% |
| Financial income | 75/76B | €27 | €115 | +€87 | +323% |
| Recurring financial income | 75 | €27 | €115 | +€87 | +323% |
| Financial charges | 65/66B | €271 | €385 | +€114 | +42.0% |
| Recurring financial charges | 65 | €271 | €385 | +€114 | +42.0% |
| Profit (loss) for the period before taxes | 9903 | €33,174 | €24,971 | -€8,203 | -24.7% |
| Income taxes | 67/77 | €8,282 | €10,429 | +€2,147 | +25.9% |
| Profit (loss) for the period | 9904 | €24,892 | €14,543 | -€10,349 | -41.6% |
| Profit (loss) for the period to be appropriated | 9905 | €24,892 | €14,543 | -€10,349 | -41.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.