H.B. - ADMINISTRATIE: what changed
What changed
H.B. - ADMINISTRATIE
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€227
2024 · €2,687-€2,460
Equity
€2.4m
2024 · €2.4m+€227
Cash
€59,167
2024 · €16,589+€42,578
Balance sheet total
€4.8m
2024 · €4.6m+€247,683
Largest movements
Assets
- Receivables within one year +€211,973
up €211,973 (+5.4%), from €3.9m to €4.2m
of which Other amounts receivable: +€212,898
Equity and liabilities
- Other debts +€277,766
up €277,766 (+13.6%), from €2.0m to €2.3m
Income statement
- Gross operating margin -€9,824
down €9,824 (-63.5%), from -€15,478 to -€25,302
- Depreciation -€7,841
down €7,841 (-53.3%), from €14,710 to €6,869
- Purchases and services +€7,634
up €7,634 (+18.3%), from €41,758 to €49,392
- Financial charges +€3,939
up €3,939 (+9.9%), from €39,833 to €43,772
of which Financial charges: +€3,075
- Financial income +€2,998
up €2,998 (+4.0%), from €75,385 to €78,383
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€2,687
Gross operating margin
-€9,824
Depreciation
+€7,841
Other operating charges
+€91
Financial income
+€2,998
Financial charges
-€3,939
Taxes
+€372
Result 2025
€227
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€48,987
Investment
-€0
Financing
-€6,408
Cash 2024
€16,589
From operations (derived)
+€48,987
Net result for the year
+€227
Depreciation
+€6,869
Receivables within one year
-€211,973
Trade debts
-€24,679
Tax, wage and social debts
+€777
Other debts
+€277,766
Investment (derived)
-€0
Investment in fixed assets (net)
-€0
Financing
-€6,408
Current portion of long-term debt
-€6,408
Contributions, distributions and other
-€0
Cash 2025
€59,167
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,586,133 | €4,833,816 | +€247,683 | +5.4% |
| Fixed assets | 21/28 | €623,484 | €616,615 | -€6,869 | -1.1% |
| Intangible fixed assets | 21 | €11,213 | €5,607 | -€5,606 | -50.0% |
| Tangible fixed assets | 22/27 | €1,263 | - | -€1,263 | |
| Plant, machinery and equipment | 23 | €446 | - | -€446 | |
| Furniture and vehicles | 24 | €817 | - | -€817 | |
| Financial fixed assets | 28 | €611,008 | €611,009 | +€1 | 0.0% |
| Current assets | 29/58 | €3,962,649 | €4,217,201 | +€254,552 | +6.4% |
| Amounts receivable within one year | 40/41 | €3,946,060 | €4,158,033 | +€211,973 | +5.4% |
| Trade receivables | 40 | €49,037 | €48,113 | -€924 | -1.9% |
| Other amounts receivable | 41 | €3,897,023 | €4,109,921 | +€212,898 | +5.5% |
| Cash at bank and in hand | 54/58 | €16,589 | €59,167 | +€42,578 | +257% |
| Total equity and liabilities | 10/49 | €4,586,133 | €4,833,816 | +€247,683 | +5.4% |
| Equity | 10/15 | €2,396,545 | €2,396,772 | +€227 | 0.0% |
| Contributions | 10/11 | €91,835 | €91,835 | +€0 | 0.0% |
| Reserves | 13 | €1,500,000 | €1,500,000 | = | 0.0% |
| Distributable reserves | 133 | €1,500,000 | €1,500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €804,710 | €804,936 | +€226 | 0.0% |
| Amounts payable | 17/49 | €2,189,588 | €2,437,044 | +€247,456 | +11.3% |
| Amounts payable within one year | 42/48 | €2,189,588 | €2,437,044 | +€247,456 | +11.3% |
| Current portion of amounts payable after more than one year | 42 | €6,408 | - | -€6,408 | |
| Trade debts | 44 | €145,993 | €121,314 | -€24,679 | -16.9% |
| Suppliers | 440/4 | €145,993 | €121,314 | -€24,679 | -16.9% |
| Taxes, remuneration and social security | 45 | €1,151 | €1,928 | +€777 | +67.5% |
| Taxes | 450/3 | €1,151 | €1,928 | +€777 | +67.5% |
| Other amounts payable | 47/48 | €2,036,036 | €2,313,802 | +€277,766 | +13.6% |
| Turnover | 70 | €26,280 | €24,090 | -€2,190 | -8.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €41,758 | €49,392 | +€7,634 | +18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,710 | €6,869 | -€7,841 | -53.3% |
| Other operating charges | 640/8 | €1,527 | €1,436 | -€91 | -6.0% |
| Gross operating margin | 9900 | -€15,478 | -€25,302 | -€9,824 | -63.5% |
| Operating profit (loss) | 9901 | -€31,715 | -€33,606 | -€1,891 | -6.0% |
| Financial income | 75/76B | €75,385 | €78,383 | +€2,998 | +4.0% |
| Recurring financial income | 75 | €75,385 | €78,383 | +€2,998 | +4.0% |
| Financial charges | 65/66B | €39,833 | €43,772 | +€3,939 | +9.9% |
| Recurring financial charges | 65 | €39,833 | €42,908 | +€3,075 | +7.7% |
| Non-recurring financial charges | 66B | - | €864 | +€864 | |
| Profit (loss) for the period before taxes | 9903 | €3,837 | €1,005 | -€2,832 | -73.8% |
| Income taxes | 67/77 | €1,150 | €778 | -€372 | -32.4% |
| Profit (loss) for the period | 9904 | €2,687 | €227 | -€2,460 | -91.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,687 | €227 | -€2,460 | -91.6% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.