H&H TECH: 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 TECH
Largest movements
- Receivables within one year -€6,234
down €6,234 (-69.4%), from €8,980 to €2,746
of which Trade receivables: -€5,550
- Cash +€1,329
up €1,329 (+3.8%), from €35,261 to €36,590
mainly Receivables within one year (+€6,234) and Net result for the year (+€2,102)
- Trade debts -€6,674
down €6,674 (-60.1%), from €11,109 to €4,435
- Profit (loss) carried forward +€2,102
up €2,102 (+39.5%), from €5,316 to €7,419
- Tax, wage and social debts -€741
down €741 (-12.4%), from €5,995 to €5,254
- Gross operating margin -€8,941
down €8,941 (-70.5%), from €12,689 to €3,749
- Taxes -€2,502
down €2,502 (-71.6%), from €3,495 to €993
- Financial charges +€212
up €212 (+486.2%), from €44 to €255
- Financial income +€153
new in 2025: €153
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 | €48,420 | €43,108 | -€5,312 | -11.0% |
| Fixed assets | 21/28 | €849 | €441 | -€407 | -48.0% |
| Tangible fixed assets | 22/27 | €849 | €441 | -€407 | -48.0% |
| Plant, machinery and equipment | 23 | €849 | €441 | -€407 | -48.0% |
| Current assets | 29/58 | €47,571 | €42,666 | -€4,905 | -10.3% |
| Amounts receivable within one year | 40/41 | €8,980 | €2,746 | -€6,234 | -69.4% |
| Trade receivables | 40 | €5,550 | - | -€5,550 | |
| Other amounts receivable | 41 | €3,430 | €2,746 | -€684 | -19.9% |
| Cash at bank and in hand | 54/58 | €35,261 | €36,590 | +€1,329 | +3.8% |
| Deferred charges and accrued income | 490/1 | €3,330 | €3,330 | = | 0.0% |
| Total equity and liabilities | 10/49 | €48,420 | €43,108 | -€5,312 | -11.0% |
| Equity | 10/15 | €31,316 | €33,419 | +€2,102 | +6.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €24,000 | €24,000 | = | 0.0% |
| Distributable reserves | 133 | €24,000 | €24,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,316 | €7,419 | +€2,102 | +39.5% |
| Amounts payable | 17/49 | €17,103 | €9,689 | -€7,414 | -43.4% |
| Amounts payable within one year | 42/48 | €17,103 | €9,689 | -€7,414 | -43.4% |
| Trade debts | 44 | €11,109 | €4,435 | -€6,674 | -60.1% |
| Suppliers | 440/4 | €11,109 | €4,435 | -€6,674 | -60.1% |
| Taxes, remuneration and social security | 45 | €5,995 | €5,254 | -€741 | -12.4% |
| Taxes | 450/3 | €5,995 | €5,254 | -€741 | -12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €373 | €407 | +€34 | +9.1% |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Gross operating margin | 9900 | €12,689 | €3,749 | -€8,941 | -70.5% |
| Operating profit (loss) | 9901 | €12,176 | €3,197 | -€8,978 | -73.7% |
| Financial income | 75/76B | - | €153 | +€153 | |
| Recurring financial income | 75 | - | €153 | +€153 | |
| Financial charges | 65/66B | €44 | €255 | +€212 | +486.2% |
| Recurring financial charges | 65 | €44 | €255 | +€212 | +486.2% |
| Profit (loss) for the period before taxes | 9903 | €12,132 | €3,095 | -€9,037 | -74.5% |
| Income taxes | 67/77 | €3,495 | €993 | -€2,502 | -71.6% |
| Profit (loss) for the period | 9904 | €8,637 | €2,102 | -€6,535 | -75.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,637 | €2,102 | -€6,535 | -75.7% |
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 11 October 2026 via checked.be.