H&N SERVICE: what changed
H&N SERVICE
Largest movements
- Stocks and contracts +€64,150
up €64,150 (+4,582%), from €1,400 to €65,550
- Cash +€25,280
up €25,280 (+222%), from €11,375 to €36,656
mainly Net result for the year (+€69,104) and Tax, wage and social debts (+€38,797)
- Receivables within one year +€17,304
up €17,304 (+302%), from €5,730 to €23,034
of which Other amounts receivable: +€11,660
- Tangible fixed assets -€1,667
down €1,667 (-33.7%), from €4,950 to €3,283
- Reserves +€69,104
up €69,104 (+11,079%), from €624 to €69,728
- Tax, wage and social debts +€38,797
up €38,797 (+1,111%), from €3,494 to €42,291
- Other debts -€1,650
down €1,650 (-15.3%), from €10,800 to €9,150
- Gross operating margin +€96,279
up €96,279 (+4,403%), from €2,187 to €98,466
- Taxes +€25,851
up €25,851 (+9,276%), from €279 to €26,130
- Depreciation +€1,617
up €1,617 (+3,227%), from €50 to €1,667
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,455 | €128,523 | +€105,068 | +448% |
| Fixed assets | 21/28 | €4,950 | €3,283 | -€1,667 | -33.7% |
| Tangible fixed assets | 22/27 | €4,950 | €3,283 | -€1,667 | -33.7% |
| Furniture and vehicles | 24 | €4,950 | €3,283 | -€1,667 | -33.7% |
| Current assets | 29/58 | €18,506 | €125,240 | +€106,735 | +577% |
| Stocks and contracts in progress | 3 | €1,400 | €65,550 | +€64,150 | +4,582% |
| Stocks | 30/36 | €1,400 | €65,550 | +€64,150 | +4,582% |
| Amounts receivable within one year | 40/41 | €5,730 | €23,034 | +€17,304 | +302% |
| Trade receivables | 40 | €5,730 | €11,374 | +€5,644 | +98.5% |
| Other amounts receivable | 41 | - | €11,660 | +€11,660 | |
| Cash at bank and in hand | 54/58 | €11,375 | €36,656 | +€25,280 | +222% |
| Total equity and liabilities | 10/49 | €23,455 | €128,523 | +€105,068 | +448% |
| Equity | 10/15 | €5,624 | €74,728 | +€69,104 | +1,229% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €624 | €69,728 | +€69,104 | +11,079% |
| Distributable reserves | 133 | €624 | €69,728 | +€69,104 | +11,079% |
| Amounts payable | 17/49 | €17,832 | €53,795 | +€35,963 | +202% |
| Amounts payable within one year | 42/48 | €17,832 | €53,795 | +€35,963 | +202% |
| Trade debts | 44 | €3,538 | €2,354 | -€1,184 | -33.5% |
| Suppliers | 440/4 | €3,538 | €2,354 | -€1,184 | -33.5% |
| Taxes, remuneration and social security | 45 | €3,494 | €42,291 | +€38,797 | +1,111% |
| Taxes | 450/3 | €3,494 | €42,291 | +€38,797 | +1,111% |
| Other amounts payable | 47/48 | €10,800 | €9,150 | -€1,650 | -15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50 | €1,667 | +€1,617 | +3,227% |
| Other operating charges | 640/8 | €1,165 | €1,355 | +€190 | +16.3% |
| Gross operating margin | 9900 | €2,187 | €98,466 | +€96,279 | +4,403% |
| Operating profit (loss) | 9901 | €972 | €95,445 | +€94,473 | +9,717% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €70 | €210 | +€141 | +201% |
| Recurring financial charges | 65 | €70 | €210 | +€141 | +201% |
| Profit (loss) for the period before taxes | 9903 | €902 | €95,235 | +€94,332 | +10,453% |
| Income taxes | 67/77 | €279 | €26,130 | +€25,851 | +9,276% |
| Profit (loss) for the period | 9904 | €624 | €69,104 | +€68,481 | +10,979% |
| Profit (loss) for the period to be appropriated | 9905 | €624 | €69,104 | +€68,481 | +10,979% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.