H.D.M. CONCEPT: 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.D.M. CONCEPT
Largest movements
- Receivables within one year -€4,921
no longer reported in 2025 (was €4,921)
- Short-term financial debts -€7,045
down €7,045 (-87.6%), from €8,045 to €1,000
- Other debts +€4,511
new in 2025: €4,511
- Profit (loss) carried forward -€2,932
down €2,932 (-5.0%), from €58,381 to €55,449
- Gross operating margin -€973
down €973 (-312%), from -€312 to -€1,285
- Financial charges -€133
down €133 (-9.6%), from €1,380 to €1,247
- Other operating charges +€13
up €13 (+3.4%), from €387 to €400
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 | €74,482 | €69,561 | -€4,921 | -6.6% |
| Current assets | 29/58 | €74,482 | €69,561 | -€4,921 | -6.6% |
| Amounts receivable after more than one year | 29 | €69,560 | €69,560 | = | 0.0% |
| Other amounts receivable | 291 | €69,560 | €69,560 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,921 | - | -€4,921 | |
| Other amounts receivable | 41 | €4,921 | - | -€4,921 | |
| Cash at bank and in hand | 54/58 | €1 | €1 | = | 0.0% |
| Total equity and liabilities | 10/49 | €74,482 | €69,561 | -€4,921 | -6.6% |
| Equity | 10/15 | €66,437 | €63,505 | -€2,932 | -4.4% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,381 | €55,449 | -€2,932 | -5.0% |
| Amounts payable | 17/49 | €8,045 | €6,056 | -€1,989 | -24.7% |
| Amounts payable within one year | 42/48 | €8,045 | €6,056 | -€1,989 | -24.7% |
| Financial debts | 43 | €8,045 | €1,000 | -€7,045 | -87.6% |
| Credit institutions | 430/8 | €8,045 | €1,000 | -€7,045 | -87.6% |
| Trade debts | 44 | - | €545 | +€545 | |
| Suppliers | 440/4 | - | €545 | +€545 | |
| Other amounts payable | 47/48 | - | €4,511 | +€4,511 | |
| Other operating charges | 640/8 | €387 | €400 | +€13 | +3.4% |
| Gross operating margin | 9900 | -€312 | -€1,285 | -€973 | -312% |
| Operating profit (loss) | 9901 | -€699 | -€1,685 | -€986 | -141% |
| Financial charges | 65/66B | €1,380 | €1,247 | -€133 | -9.6% |
| Recurring financial charges | 65 | €1,380 | €1,247 | -€133 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,079 | -€2,932 | -€853 | -41.0% |
| Profit (loss) for the period | 9904 | -€2,079 | -€2,932 | -€853 | -41.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,079 | -€2,932 | -€853 | -41.0% |
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 26 October 2026 via checked.be.