H&D Services: 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&D Services
Largest movements
- Cash +€5,986
up €5,986 (+1809.4%), from €331 to €6,317
mainly Trade debts (+€6,718) and Depreciation (+€3,195)
- Tangible fixed assets -€3,195
down €3,195 (-34.9%), from €9,150 to €5,955
- Receivables within one year -€529
no longer reported in 2025 (was €529)
of which Other amounts receivable: -€329
- Trade debts +€6,718
new in 2025: €6,718
- Other debts -€6,276
down €6,276 (-63.4%), from €9,903 to €3,626
- Tax, wage and social debts +€1,997
new in 2025: €1,997
- Profit (loss) carried forward -€176
down €176 (-9.3%), from -€1,893 to -€2,069
- Gross operating margin +€3,966
up €3,966, from -€645 to €3,321
- Depreciation +€2,759
up €2,759 (+632.0%), from €437 to €3,195
- Other operating charges -€572
no longer reported in 2025 (was €572)
- Financial charges +€63
up €63 (+26.4%), from €239 to €302
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 | €10,010 | €12,272 | +€2,262 | +22.6% |
| Fixed assets | 21/28 | €9,150 | €5,955 | -€3,195 | -34.9% |
| Tangible fixed assets | 22/27 | €9,150 | €5,955 | -€3,195 | -34.9% |
| Furniture and vehicles | 24 | €9,150 | €5,955 | -€3,195 | -34.9% |
| Current assets | 29/58 | €860 | €6,317 | +€5,458 | +634.8% |
| Amounts receivable within one year | 40/41 | €529 | - | -€529 | |
| Trade receivables | 40 | €200 | - | -€200 | |
| Other amounts receivable | 41 | €329 | - | -€329 | |
| Cash at bank and in hand | 54/58 | €331 | €6,317 | +€5,986 | +1809.4% |
| Total equity and liabilities | 10/49 | €10,010 | €12,272 | +€2,262 | +22.6% |
| Equity | 10/15 | €107 | -€69 | -€176 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,893 | -€2,069 | -€176 | -9.3% |
| Amounts payable | 17/49 | €9,903 | €12,341 | +€2,439 | +24.6% |
| Amounts payable within one year | 42/48 | €9,903 | €12,341 | +€2,439 | +24.6% |
| Trade debts | 44 | - | €6,718 | +€6,718 | |
| Suppliers | 440/4 | - | €6,718 | +€6,718 | |
| Taxes, remuneration and social security | 45 | - | €1,997 | +€1,997 | |
| Taxes | 450/3 | - | €1,997 | +€1,997 | |
| Other amounts payable | 47/48 | €9,903 | €3,626 | -€6,276 | -63.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €437 | €3,195 | +€2,759 | +632.0% |
| Other operating charges | 640/8 | €572 | - | -€572 | |
| Gross operating margin | 9900 | -€645 | €3,321 | +€3,966 | |
| Operating profit (loss) | 9901 | -€1,654 | €126 | +€1,780 | |
| Financial charges | 65/66B | €239 | €302 | +€63 | +26.4% |
| Recurring financial charges | 65 | €239 | €302 | +€63 | +26.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,893 | -€176 | +€1,716 | +90.7% |
| Profit (loss) for the period | 9904 | -€1,893 | -€176 | +€1,716 | +90.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,893 | -€176 | +€1,716 | +90.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.