H.H.: 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.H.
Largest movements
- Tangible fixed assets -€7,167
down €7,167 (-2.7%), from €263,308 to €256,141
of which Land and buildings: -€7,392
- Other debts +€25,145
up €25,145 (+22.0%), from €114,125 to €139,270
- Profit (loss) carried forward -€19,345
down €19,345 (-26.5%), from -€73,058 to -€92,403
- Debts after one year -€16,021
down €16,021 (-18.8%), from €85,311 to €69,290
- Gross operating margin -€27,735
down €27,735 (-95.7%), from €28,978 to €1,243
- Write-downs -€10,619
down €10,619 (-100%), from €10,619 to €0
- Financial charges -€1,250
down €1,250 (-25.0%), from €5,005 to €3,756
- Other operating charges +€1,083
up €1,083 (+72.6%), from €1,492 to €2,575
- Depreciation +€593
up €593 (+4.3%), from €13,714 to €14,306
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 | €274,658 | €264,647 | -€10,010 | -3.6% |
| Fixed assets | 21/28 | €263,308 | €256,141 | -€7,167 | -2.7% |
| Tangible fixed assets | 22/27 | €263,308 | €256,141 | -€7,167 | -2.7% |
| Land and buildings | 22 | €235,582 | €228,189 | -€7,392 | -3.1% |
| Furniture and vehicles | 24 | €27,726 | €27,951 | +€225 | +0.8% |
| Current assets | 29/58 | €11,350 | €8,507 | -€2,843 | -25.0% |
| Amounts receivable within one year | 40/41 | €10,305 | €7,566 | -€2,740 | -26.6% |
| Trade receivables | 40 | €6,646 | €6,421 | -€225 | -3.4% |
| Other amounts receivable | 41 | €3,659 | €1,145 | -€2,514 | -68.7% |
| Cash at bank and in hand | 54/58 | €54 | €118 | +€64 | +119% |
| Deferred charges and accrued income | 490/1 | €991 | €823 | -€168 | -17.0% |
| Total equity and liabilities | 10/49 | €274,658 | €264,647 | -€10,010 | -3.6% |
| Equity | 10/15 | €20,492 | €1,147 | -€19,345 | -94.4% |
| Contributions | 10/11 | €93,550 | €93,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,058 | -€92,403 | -€19,345 | -26.5% |
| Amounts payable | 17/49 | €254,166 | €263,501 | +€9,335 | +3.7% |
| Amounts payable after more than one year | 17 | €85,311 | €69,290 | -€16,021 | -18.8% |
| Financial debts | 170/4 | €85,311 | €69,290 | -€16,021 | -18.8% |
| Amounts payable within one year | 42/48 | €147,255 | €172,611 | +€25,356 | +17.2% |
| Current portion of amounts payable after more than one year | 42 | €15,019 | €15,779 | +€760 | +5.1% |
| Financial debts | 43 | €3,821 | €1,840 | -€1,981 | -51.8% |
| Credit institutions | 430/8 | €3,821 | €1,840 | -€1,981 | -51.8% |
| Trade debts | 44 | €14,157 | €15,697 | +€1,540 | +10.9% |
| Suppliers | 440/4 | €14,157 | €15,697 | +€1,540 | +10.9% |
| Taxes, remuneration and social security | 45 | €133 | €24 | -€109 | -82.0% |
| Taxes | 450/3 | €133 | €24 | -€109 | -82.0% |
| Other amounts payable | 47/48 | €114,125 | €139,270 | +€25,145 | +22.0% |
| Accrued charges and deferred income | 492/3 | €21,600 | €21,600 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,714 | €14,306 | +€593 | +4.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,619 | €0 | -€10,619 | -100% |
| Other operating charges | 640/8 | €1,492 | €2,575 | +€1,083 | +72.6% |
| Gross operating margin | 9900 | €28,978 | €1,243 | -€27,735 | -95.7% |
| Operating profit (loss) | 9901 | €3,153 | -€15,638 | -€18,791 | |
| Financial income | 75/76B | €5 | €49 | +€44 | +887% |
| Recurring financial income | 75 | €5 | €49 | +€44 | +887% |
| Financial charges | 65/66B | €5,005 | €3,756 | -€1,250 | -25.0% |
| Recurring financial charges | 65 | €5,005 | €3,756 | -€1,250 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,848 | -€19,345 | -€17,497 | -947% |
| Income taxes | 67/77 | €133 | €0 | -€133 | -100% |
| Profit (loss) for the period | 9904 | -€1,981 | -€19,345 | -€17,364 | -877% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,981 | -€19,345 | -€17,364 | -877% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.