H.B.C.: 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.
H.B.C.
Largest movements
- Tangible fixed assets -€13,692
down €13,692 (-10.0%), from €136,651 to €122,959
of which Land and buildings: -€13,446
- Cash +€1,678
up €1,678 (+30.8%), from €5,448 to €7,126
mainly Depreciation (+€13,692) and Trade debts (+€1,452)
- Profit (loss) carried forward -€10,438
down €10,438 (-17.0%), from -€61,571 to -€72,009
- Other debts -€2,644
down €2,644 (-2.5%), from €104,905 to €102,261
- Trade debts +€1,452
new in 2025: €1,452
- Gross operating margin +€660
up €660 (+14.7%), from €4,488 to €5,148
- Other operating charges -€340
down €340 (-15.5%), from €2,189 to €1,849
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 | €142,718 | €130,704 | -€12,014 | -8.4% |
| Fixed assets | 21/28 | €136,651 | €122,959 | -€13,692 | -10.0% |
| Tangible fixed assets | 22/27 | €136,651 | €122,959 | -€13,692 | -10.0% |
| Land and buildings | 22 | €135,670 | €122,223 | -€13,446 | -9.9% |
| Furniture and vehicles | 24 | €982 | €736 | -€245 | -25.0% |
| Current assets | 29/58 | €6,067 | €7,744 | +€1,678 | +27.7% |
| Amounts receivable after more than one year | 29 | €619 | €619 | = | 0.0% |
| Other amounts receivable | 291 | €619 | €619 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,448 | €7,126 | +€1,678 | +30.8% |
| Total equity and liabilities | 10/49 | €142,718 | €130,704 | -€12,014 | -8.4% |
| Equity | 10/15 | €37,429 | €26,991 | -€10,438 | -27.9% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Reserves | 13 | €9,000 | €9,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,000 | €9,000 | = | 0.0% |
| Other | 1319 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,571 | -€72,009 | -€10,438 | -17.0% |
| Amounts payable | 17/49 | €105,289 | €103,713 | -€1,576 | -1.5% |
| Amounts payable within one year | 42/48 | €104,905 | €103,713 | -€1,192 | -1.1% |
| Trade debts | 44 | - | €1,452 | +€1,452 | |
| Suppliers | 440/4 | - | €1,452 | +€1,452 | |
| Other amounts payable | 47/48 | €104,905 | €102,261 | -€2,644 | -2.5% |
| Accrued charges and deferred income | 492/3 | €384 | - | -€384 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,692 | €13,692 | = | 0.0% |
| Other operating charges | 640/8 | €2,189 | €1,849 | -€340 | -15.5% |
| Gross operating margin | 9900 | €4,488 | €5,148 | +€660 | +14.7% |
| Operating profit (loss) | 9901 | -€11,393 | -€10,393 | +€1,000 | +8.8% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€11,438 | -€10,438 | +€1,000 | +8.7% |
| Profit (loss) for the period | 9904 | -€11,438 | -€10,438 | +€1,000 | +8.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,438 | -€10,438 | +€1,000 | +8.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.