H.B. Enterprises: 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. Enterprises
Largest movements
- Tangible fixed assets +€19,087
up €19,087 (+1,039%), from €1,837 to €20,924
of which Plant, machinery and equipment: +€16,328
- Receivables within one year -€1,738
down €1,738 (-93.0%), from €1,868 to €130
- Other debts +€27,056
up €27,056 (+190%), from €14,234 to €41,290
- Profit (loss) carried forward -€9,917
down €9,917 (-76.7%), from -€12,924 to -€22,841
- Gross operating margin -€2,967
down €2,967 (-81.3%), from -€3,650 to -€6,617
- Depreciation +€2,382
up €2,382 (+766%), from €311 to €2,693
- Other operating charges -€427
down €427 (-45.1%), from €947 to €520
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 | €3,806 | €21,068 | +€17,262 | +454% |
| Fixed assets | 21/28 | €1,837 | €20,924 | +€19,087 | +1,039% |
| Tangible fixed assets | 22/27 | €1,837 | €20,924 | +€19,087 | +1,039% |
| Plant, machinery and equipment | 23 | €1,837 | €18,165 | +€16,328 | +889% |
| Furniture and vehicles | 24 | - | €2,759 | +€2,759 | |
| Current assets | 29/58 | €1,969 | €144 | -€1,825 | -92.7% |
| Amounts receivable within one year | 40/41 | €1,868 | €130 | -€1,738 | -93.0% |
| Other amounts receivable | 41 | €1,868 | €130 | -€1,738 | -93.0% |
| Cash at bank and in hand | 54/58 | €101 | €14 | -€87 | -86.4% |
| Total equity and liabilities | 10/49 | €3,806 | €21,068 | +€17,262 | +454% |
| Equity | 10/15 | -€11,424 | -€21,341 | -€9,917 | -86.8% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,924 | -€22,841 | -€9,917 | -76.7% |
| Amounts payable | 17/49 | €15,230 | €42,409 | +€27,179 | +178% |
| Amounts payable within one year | 42/48 | €15,230 | €42,409 | +€27,179 | +178% |
| Trade debts | 44 | €423 | €547 | +€123 | +29.1% |
| Suppliers | 440/4 | €423 | €547 | +€123 | +29.1% |
| Taxes, remuneration and social security | 45 | €573 | €573 | = | 0.0% |
| Taxes | 450/3 | €573 | €573 | = | 0.0% |
| Other amounts payable | 47/48 | €14,234 | €41,290 | +€27,056 | +190% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €311 | €2,693 | +€2,382 | +766% |
| Other operating charges | 640/8 | €947 | €520 | -€427 | -45.1% |
| Gross operating margin | 9900 | -€3,650 | -€6,617 | -€2,967 | -81.3% |
| Operating profit (loss) | 9901 | -€4,908 | -€9,829 | -€4,921 | -100% |
| Financial income | 75/76B | €9 | - | -€9 | |
| Recurring financial income | 75 | €9 | - | -€9 | |
| Financial charges | 65/66B | €103 | €88 | -€16 | -15.1% |
| Recurring financial charges | 65 | €103 | €88 | -€16 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,002 | -€9,917 | -€4,915 | -98.2% |
| Profit (loss) for the period | 9904 | -€5,002 | -€9,917 | -€4,915 | -98.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,002 | -€9,917 | -€4,915 | -98.2% |
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 22 October 2026 via checked.be.