H & H 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 & H CONCEPT
Largest movements
- Receivables after one year -€85,000
down €85,000 (-41.9%), from €202,714 to €117,714
- Cash +€71,668
up €71,668 (+196%), from €36,486 to €108,155
mainly Receivables after one year (+€85,000) and Net result for the year (+€26,906)
- Receivables within one year +€40,167
up €40,167 (+70.9%), from €56,693 to €96,860
of which Trade receivables: +€37,866
- Tangible fixed assets -€7,765
down €7,765 (-8.1%), from €96,443 to €88,679
- Reserves +€26,906
up €26,906 (+10.5%), from €255,449 to €282,355
of which Distributable reserves: +€28,086
- Accrued charges and deferred income -€14,510
down €14,510 (-9.1%), from €159,608 to €145,098
- Tax, wage and social debts +€5,973
up €5,973 (+27.9%), from €21,427 to €27,400
- Gross operating margin +€14,471
up €14,471 (+43.7%), from €33,101 to €47,572
- Other operating charges +€4,349
up €4,349 (+1,030%), from €422 to €4,772
- Financial income -€2,471
down €2,471 (-31.5%), from €7,835 to €5,364
- Taxes +€1,776
up €1,776 (+14.5%), from €12,279 to €14,055
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 | €571,931 | €594,064 | +€22,134 | +3.9% |
| Fixed assets | 21/28 | €276,037 | €271,335 | -€4,702 | -1.7% |
| Tangible fixed assets | 22/27 | €96,443 | €88,679 | -€7,765 | -8.1% |
| Other tangible fixed assets | 26 | €96,443 | €88,679 | -€7,765 | -8.1% |
| Financial fixed assets | 28 | €179,594 | €182,656 | +€3,063 | +1.7% |
| Current assets | 29/58 | €295,894 | €322,729 | +€26,836 | +9.1% |
| Amounts receivable after more than one year | 29 | €202,714 | €117,714 | -€85,000 | -41.9% |
| Other amounts receivable | 291 | €202,714 | €117,714 | -€85,000 | -41.9% |
| Amounts receivable within one year | 40/41 | €56,693 | €96,860 | +€40,167 | +70.9% |
| Trade receivables | 40 | - | €37,866 | +€37,866 | |
| Other amounts receivable | 41 | €56,693 | €58,994 | +€2,301 | +4.1% |
| Cash at bank and in hand | 54/58 | €36,486 | €108,155 | +€71,668 | +196% |
| Total equity and liabilities | 10/49 | €571,931 | €594,064 | +€22,134 | +3.9% |
| Equity | 10/15 | €384,850 | €411,756 | +€26,906 | +7.0% |
| Contributions | 10/11 | €129,401 | €129,401 | = | 0.0% |
| Reserves | 13 | €255,449 | €282,355 | +€26,906 | +10.5% |
| Non-distributable reserves | 130/1 | €12,940 | €12,940 | = | 0.0% |
| Other | 1319 | €12,940 | €12,940 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,741 | €10,561 | -€1,180 | -10.0% |
| Distributable reserves | 133 | €230,768 | €258,854 | +€28,086 | +12.2% |
| Provisions and deferred taxes | 16 | €6,046 | €5,438 | -€608 | -10.0% |
| Deferred taxes | 168 | €6,046 | €5,438 | -€608 | -10.0% |
| Amounts payable | 17/49 | €181,035 | €176,870 | -€4,165 | -2.3% |
| Amounts payable within one year | 42/48 | €21,427 | €31,772 | +€10,345 | +48.3% |
| Trade debts | 44 | - | €4,372 | +€4,372 | |
| Suppliers | 440/4 | - | €4,372 | +€4,372 | |
| Taxes, remuneration and social security | 45 | €21,427 | €27,400 | +€5,973 | +27.9% |
| Taxes | 450/3 | €21,427 | €27,400 | +€5,973 | +27.9% |
| Accrued charges and deferred income | 492/3 | €159,608 | €145,098 | -€14,510 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,214 | €7,765 | -€450 | -5.5% |
| Other operating charges | 640/8 | €422 | €4,772 | +€4,349 | +1,030% |
| Gross operating margin | 9900 | €33,101 | €47,572 | +€14,471 | +43.7% |
| Operating profit (loss) | 9901 | €24,464 | €35,036 | +€10,572 | +43.2% |
| Financial income | 75/76B | €7,835 | €5,364 | -€2,471 | -31.5% |
| Recurring financial income | 75 | €7,835 | €5,364 | -€2,471 | -31.5% |
| Financial charges | 65/66B | €38 | €46 | +€8 | +21.0% |
| Recurring financial charges | 65 | €38 | €46 | +€8 | +21.0% |
| Profit (loss) for the period before taxes | 9903 | €32,261 | €40,354 | +€8,093 | +25.1% |
| Transfer from deferred taxes | 780 | €608 | €608 | = | 0.0% |
| Income taxes | 67/77 | €12,279 | €14,055 | +€1,776 | +14.5% |
| Profit (loss) for the period | 9904 | €20,590 | €26,906 | +€6,316 | +30.7% |
| Transfer from tax-exempt reserves | 789 | €1,180 | €1,180 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,770 | €28,086 | +€6,316 | +29.0% |
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 24 October 2026 via checked.be.