H B DRILLING: 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 DRILLING
Largest movements
- Cash +€120,083
up €120,083 (+771%), from €15,581 to €135,663
mainly Current portion of long-term debt (+€159,043) and Debts after one year (+€69,242)
- Tangible fixed assets +€104,073
up €104,073 (+100%), from €103,801 to €207,874
of which Land and buildings: +€91,259
- Receivables within one year +€65,716
up €65,716 (+29.8%), from €220,173 to €285,889
of which Trade receivables: +€64,849
- Receivables after one year -€32,882
no longer reported in 2025 (was €32,882)
- Current portion of long-term debt +€159,043
up €159,043 (+1,399%), from €11,368 to €170,411
- Debts after one year +€69,242
up €69,242 (+219%), from €31,666 to €100,907
- Short-term financial debts -€49,957
no longer reported in 2025 (was €49,957)
- Trade debts +€46,455
up €46,455 (+56.5%), from €82,165 to €128,620
- Profit (loss) carried forward +€15,248
up €15,248 (+173%), from €8,827 to €24,075
- Gross operating margin +€65,612
up €65,612 (+18.3%), from €359,054 to €424,665
- Staff costs +€61,690
up €61,690 (+24.7%), from €249,716 to €311,406
- Depreciation -€4,831
down €4,831 (-14.6%), from €33,067 to €28,236
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 | €802,268 | €1,050,596 | +€248,329 | +31.0% |
| Fixed assets | 21/28 | €106,801 | €210,874 | +€104,073 | +97.4% |
| Tangible fixed assets | 22/27 | €103,801 | €207,874 | +€104,073 | +100% |
| Land and buildings | 22 | €31,091 | €122,350 | +€91,259 | +294% |
| Plant, machinery and equipment | 23 | €38,073 | €35,598 | -€2,475 | -6.5% |
| Furniture and vehicles | 24 | €34,637 | €49,926 | +€15,289 | +44.1% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €695,467 | €839,723 | +€144,256 | +20.7% |
| Amounts receivable after more than one year | 29 | €32,882 | - | -€32,882 | |
| Trade receivables | 290 | €32,882 | - | -€32,882 | |
| Stocks and contracts in progress | 3 | €415,980 | €408,128 | -€7,852 | -1.9% |
| Stocks | 30/36 | €415,980 | €408,128 | -€7,852 | -1.9% |
| Amounts receivable within one year | 40/41 | €220,173 | €285,889 | +€65,716 | +29.8% |
| Trade receivables | 40 | €218,269 | €283,118 | +€64,849 | +29.7% |
| Other amounts receivable | 41 | €1,903 | €2,771 | +€867 | +45.6% |
| Cash at bank and in hand | 54/58 | €15,581 | €135,663 | +€120,083 | +771% |
| Deferred charges and accrued income | 490/1 | €10,851 | €10,043 | -€808 | -7.4% |
| Total equity and liabilities | 10/49 | €802,268 | €1,050,596 | +€248,329 | +31.0% |
| Equity | 10/15 | €541,857 | €557,105 | +€15,248 | +2.8% |
| Contributions | 10/11 | €526,774 | €526,774 | = | 0.0% |
| Capital | 10 | €526,774 | €526,774 | = | 0.0% |
| Issued capital | 100 | €526,774 | €526,774 | = | 0.0% |
| Reserves | 13 | €6,256 | €6,256 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,256 | €6,256 | = | 0.0% |
| Legal reserve | 130 | €6,256 | €6,256 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,827 | €24,075 | +€15,248 | +173% |
| Amounts payable | 17/49 | €260,410 | €493,491 | +€233,080 | +89.5% |
| Amounts payable after more than one year | 17 | €31,666 | €100,907 | +€69,242 | +219% |
| Financial debts | 170/4 | €31,666 | €100,907 | +€69,242 | +219% |
| Amounts payable within one year | 42/48 | €228,745 | €391,698 | +€162,954 | +71.2% |
| Current portion of amounts payable after more than one year | 42 | €11,368 | €170,411 | +€159,043 | +1,399% |
| Financial debts | 43 | €49,957 | - | -€49,957 | |
| Credit institutions | 430/8 | €49,957 | - | -€49,957 | |
| Trade debts | 44 | €82,165 | €128,620 | +€46,455 | +56.5% |
| Suppliers | 440/4 | €82,165 | €128,620 | +€46,455 | +56.5% |
| Taxes, remuneration and social security | 45 | €7,764 | €20,255 | +€12,491 | +161% |
| Taxes | 450/3 | €7,764 | €20,255 | +€12,491 | +161% |
| Other amounts payable | 47/48 | €77,490 | €72,412 | -€5,078 | -6.6% |
| Accrued charges and deferred income | 492/3 | - | €885 | +€885 | |
| Non-recurring operating income | 76A | - | €4,826 | +€4,826 | |
| Remuneration, social security and pensions | 62 | €249,716 | €311,406 | +€61,690 | +24.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,067 | €28,236 | -€4,831 | -14.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €32,882 | €32,882 | +€1 | 0.0% |
| Other operating charges | 640/8 | €6,179 | €6,426 | +€247 | +4.0% |
| Gross operating margin | 9900 | €359,054 | €424,665 | +€65,612 | +18.3% |
| Operating profit (loss) | 9901 | €37,210 | €45,715 | +€8,505 | +22.9% |
| Financial income | 75/76B | €234 | €391 | +€157 | +66.8% |
| Recurring financial income | 75 | €234 | €391 | +€157 | +66.8% |
| Financial charges | 65/66B | €24,682 | €24,744 | +€62 | +0.3% |
| Recurring financial charges | 65 | €24,682 | €24,744 | +€62 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €12,762 | €21,361 | +€8,599 | +67.4% |
| Income taxes | 67/77 | €7,315 | €6,113 | -€1,202 | -16.4% |
| Profit (loss) for the period | 9904 | €5,448 | €15,248 | +€9,801 | +180% |
| Profit (loss) for the period to be appropriated | 9905 | €5,448 | €15,248 | +€9,801 | +180% |
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 18 October 2026 via checked.be.