H-CONCEPT: what changed
Two fiscal 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-CONCEPT
Largest movements
- Cash -€2,176
down €2,176 (-2.8%), from €78,293 to €76,117
mainly Net result for the year (-€1,460) and Trade debts (-€738)
- Profit (loss) carried forward -€1,460
down €1,460 (-5.9%), from -€24,910 to -€26,370
- Gross operating margin +€1,200
up €1,200 (+58.1%), from -€2,067 to -€867
- Other operating charges -€322
down €322 (-45.4%), from €708 to €387
- Taxes -€28
down €28 (-29.9%), from €95 to €66
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.
Cash bridge derived
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 | €79,678 | €77,502 | -€2,176 | -2.7% |
| Current assets | 29/58 | €79,678 | €77,502 | -€2,176 | -2.7% |
| Amounts receivable within one year | 40/41 | €1,385 | €1,385 | = | 0.0% |
| Other amounts receivable | 41 | €1,385 | €1,385 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €78,293 | €76,117 | -€2,176 | -2.8% |
| Total equity and liabilities | 10/49 | €79,678 | €77,502 | -€2,176 | -2.7% |
| Equity | 10/15 | -€18,710 | -€20,170 | -€1,460 | -7.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,910 | -€26,370 | -€1,460 | -5.9% |
| Amounts payable | 17/49 | €98,388 | €97,672 | -€716 | -0.7% |
| Amounts payable within one year | 42/48 | €97,638 | €96,872 | -€766 | -0.8% |
| Trade debts | 44 | €738 | - | -€738 | |
| Suppliers | 440/4 | €738 | - | -€738 | |
| Taxes, remuneration and social security | 45 | €95 | €66 | -€28 | -29.9% |
| Taxes | 450/3 | €95 | €66 | -€28 | -29.9% |
| Other amounts payable | 47/48 | €96,805 | €96,805 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €750 | €800 | +€50 | +6.7% |
| Other operating charges | 640/8 | €708 | €387 | -€322 | -45.4% |
| Gross operating margin | 9900 | -€2,067 | -€867 | +€1,200 | +58.1% |
| Operating profit (loss) | 9901 | -€2,775 | -€1,254 | +€1,521 | +54.8% |
| Financial charges | 65/66B | €120 | €140 | +€20 | +16.7% |
| Recurring financial charges | 65 | €120 | €140 | +€20 | +16.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,895 | -€1,394 | +€1,501 | +51.9% |
| Income taxes | 67/77 | €95 | €66 | -€28 | -29.9% |
| Profit (loss) for the period | 9904 | -€2,990 | -€1,460 | +€1,530 | +51.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,990 | -€1,460 | +€1,530 | +51.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.