H.M. EVENTS: 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.M. EVENTS
Largest movements
- Receivables within one year +€19,545
up €19,545 (+109%), from €17,913 to €37,458
of which Trade receivables: +€19,471
- Cash -€13,754
down €13,754 (-22.7%), from €60,671 to €46,917
mainly Advances received (-€20,000) and Receivables within one year (-€19,545)
- Deferred charges and accrued income -€11,757
down €11,757 (-52.3%), from €22,461 to €10,705
- Tangible fixed assets -€4,249
down €4,249 (-50.9%), from €8,344 to €4,095
of which Furniture and vehicles: -€2,356
- Advances received -€20,000
no longer reported in 2025 (was €20,000)
- Reserves +€9,356
up €9,356 (+503%), from €1,860 to €11,216
- Accrued charges and deferred income +€7,781
new in 2025: €7,781
- Trade debts -€5,686
down €5,686 (-71.5%), from €7,948 to €2,262
- Profit (loss) carried forward -€1,666
down €1,666 (-2.4%), from €69,955 to €68,289
- Gross operating margin +€8,406
up €8,406 (+65.3%), from €12,882 to €21,288
- Taxes +€3,504
up €3,504 (+2,411%), from €145 to €3,650
- Depreciation +€355
up €355 (+9.1%), from €3,894 to €4,249
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 | €109,389 | €99,175 | -€10,215 | -9.3% |
| Fixed assets | 21/28 | €8,344 | €4,095 | -€4,249 | -50.9% |
| Tangible fixed assets | 22/27 | €8,344 | €4,095 | -€4,249 | -50.9% |
| Plant, machinery and equipment | 23 | €1,187 | €456 | -€730 | -61.6% |
| Furniture and vehicles | 24 | €5,666 | €3,310 | -€2,356 | -41.6% |
| Other tangible fixed assets | 26 | €1,492 | €329 | -€1,163 | -77.9% |
| Current assets | 29/58 | €101,045 | €95,079 | -€5,966 | -5.9% |
| Amounts receivable within one year | 40/41 | €17,913 | €37,458 | +€19,545 | +109% |
| Trade receivables | 40 | €17,774 | €37,245 | +€19,471 | +110% |
| Other amounts receivable | 41 | €139 | €213 | +€74 | +53.2% |
| Cash at bank and in hand | 54/58 | €60,671 | €46,917 | -€13,754 | -22.7% |
| Deferred charges and accrued income | 490/1 | €22,461 | €10,705 | -€11,757 | -52.3% |
| Total equity and liabilities | 10/49 | €109,389 | €99,175 | -€10,215 | -9.3% |
| Equity | 10/15 | €78,015 | €85,706 | +€7,690 | +9.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €11,216 | +€9,356 | +503% |
| Distributable reserves | 133 | €1,860 | €11,216 | +€9,356 | +503% |
| Profit (loss) carried forward | 14 | €69,955 | €68,289 | -€1,666 | -2.4% |
| Amounts payable | 17/49 | €31,374 | €13,469 | -€17,905 | -57.1% |
| Amounts payable within one year | 42/48 | €31,374 | €5,688 | -€25,686 | -81.9% |
| Trade debts | 44 | €7,948 | €2,262 | -€5,686 | -71.5% |
| Suppliers | 440/4 | €7,948 | €2,262 | -€5,686 | -71.5% |
| Advances received on contracts in progress | 46 | €20,000 | - | -€20,000 | |
| Taxes, remuneration and social security | 45 | €1,004 | €1,979 | +€975 | +97.2% |
| Taxes | 450/3 | €1,004 | €1,979 | +€975 | +97.2% |
| Other amounts payable | 47/48 | €2,423 | €1,447 | -€975 | -40.3% |
| Accrued charges and deferred income | 492/3 | - | €7,781 | +€7,781 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,894 | €4,249 | +€355 | +9.1% |
| Other operating charges | 640/8 | €492 | €400 | -€93 | -18.8% |
| Gross operating margin | 9900 | €12,882 | €21,288 | +€8,406 | +65.3% |
| Operating profit (loss) | 9901 | €8,495 | €16,639 | +€8,144 | +95.9% |
| Financial income | 75/76B | €7 | €20 | +€13 | +198% |
| Recurring financial income | 75 | €7 | €20 | +€13 | +198% |
| Financial charges | 65/66B | €3,719 | €3,653 | -€66 | -1.8% |
| Recurring financial charges | 65 | €3,719 | €3,653 | -€66 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €4,782 | €13,006 | +€8,224 | +172% |
| Income taxes | 67/77 | €145 | €3,650 | +€3,504 | +2,411% |
| Profit (loss) for the period | 9904 | €4,637 | €9,356 | +€4,720 | +102% |
| Profit (loss) for the period to be appropriated | 9905 | €4,637 | €9,356 | +€4,720 | +102% |
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 28 October 2026 via checked.be.