H&M PARTNERS: 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 PARTNERS
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
No income-statement line moved by more than 1% of the activity.
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 | €30,085 | €29,981 | -€104 | -0.3% |
| Current assets | 29/58 | €30,085 | €29,981 | -€104 | -0.3% |
| Amounts receivable within one year | 40/41 | €212 | €212 | = | 0.0% |
| Other amounts receivable | 41 | €212 | €212 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €29,873 | €29,769 | -€104 | -0.3% |
| Total equity and liabilities | 10/49 | €30,085 | €29,981 | -€104 | -0.3% |
| Equity | 10/15 | €28,714 | €28,610 | -€104 | -0.4% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,286 | -€1,390 | -€104 | -8.1% |
| Amounts payable | 17/49 | €1,371 | €1,371 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,371 | €1,371 | = | 0.0% |
| Other amounts payable | 47/48 | €1,371 | €1,371 | = | 0.0% |
| Other operating charges | 640/8 | €64 | €66 | +€2 | +3.0% |
| Operating profit (loss) | 9901 | -€64 | -€66 | -€2 | -3.0% |
| Financial charges | 65/66B | €38 | €38 | = | 0.0% |
| Recurring financial charges | 65 | €38 | €38 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€102 | -€104 | -€2 | -1.9% |
| Profit (loss) for the period | 9904 | -€102 | -€104 | -€2 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€102 | -€104 | -€2 | -1.9% |
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 19 October 2026 via checked.be.