H. PLANTS: what changed
What changed
H. PLANTS
filed annual accounts (NBB)
Net result for the year
€9,307
2024 · €6,864+€2,443
Equity
€448,841
2024 · €439,534+€9,307
Cash
€61,050
2024 · €41,625+€19,426
Balance sheet total
€2.6m
2024 · €2.7m-€69,894
Largest movements
Assets
- Tangible fixed assets -€89,073
down €89,073 (-3.4%), from €2.6m to €2.5m
of which Land and buildings: -€80,895
Equity and liabilities
- Debts after one year -€101,496
down €101,496 (-9.6%), from €1.1m to €955,839
Income statement
- Depreciation -€9,543
down €9,543 (-10.5%), from €91,135 to €81,592
- Gross operating margin -€8,156
down €8,156 (-7.1%), from €115,178 to €107,022
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.
Result 2024
€6,864
Gross operating margin
-€8,156
Depreciation
+€9,543
Other operating charges
+€45
Financial income
-€0
Financial charges
+€1,003
Taxes
+€9
Result 2025
€9,307
raises the resultlowers the result
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.
From operations
+€112,621
Investment
+€7,481
Financing
-€100,677
Cash 2024
€41,625
From operations (derived)
+€112,621
Net result for the year
+€9,307
Depreciation
+€81,592
Receivables within one year
-€135
Deferred charges and accrued income
+€381
Trade debts
-€324
Tax, wage and social debts
+€664
Other debts
+€21,135
Investment (derived)
+€7,481
Investment in fixed assets (net)
+€7,481
Financing
-€100,677
Debts after one year
-€101,496
Current portion of long-term debt
+€820
Cash 2025
€61,050
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,660,183 | €2,590,288 | -€69,894 | -2.6% |
| Fixed assets | 21/28 | €2,616,158 | €2,527,084 | -€89,073 | -3.4% |
| Tangible fixed assets | 22/27 | €2,616,158 | €2,527,084 | -€89,073 | -3.4% |
| Land and buildings | 22 | €2,607,467 | €2,526,572 | -€80,895 | -3.1% |
| Furniture and vehicles | 24 | €8,691 | €512 | -€8,179 | -94.1% |
| Current assets | 29/58 | €44,025 | €63,204 | +€19,179 | +43.6% |
| Amounts receivable within one year | 40/41 | - | €135 | +€135 | |
| Other amounts receivable | 41 | - | €135 | +€135 | |
| Cash at bank and in hand | 54/58 | €41,625 | €61,050 | +€19,426 | +46.7% |
| Deferred charges and accrued income | 490/1 | €2,400 | €2,019 | -€381 | -15.9% |
| Total equity and liabilities | 10/49 | €2,660,183 | €2,590,288 | -€69,894 | -2.6% |
| Equity | 10/15 | €439,534 | €448,841 | +€9,307 | +2.1% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €6,300 | €6,300 | = | 0.0% |
| Distributable reserves | 133 | €6,300 | €6,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,766 | -€57,459 | +€9,307 | +13.9% |
| Amounts payable | 17/49 | €2,220,648 | €2,141,447 | -€79,201 | -3.6% |
| Amounts payable after more than one year | 17 | €1,057,336 | €955,839 | -€101,496 | -9.6% |
| Financial debts | 170/4 | €1,057,336 | €955,839 | -€101,496 | -9.6% |
| Amounts payable within one year | 42/48 | €1,163,312 | €1,185,607 | +€22,295 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €100,677 | €101,496 | +€820 | +0.8% |
| Trade debts | 44 | €5,890 | €5,566 | -€324 | -5.5% |
| Suppliers | 440/4 | €5,890 | €5,566 | -€324 | -5.5% |
| Advances received on contracts in progress | 46 | €5,362 | €5,362 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €468 | €1,132 | +€664 | +142% |
| Taxes | 450/3 | €468 | €1,132 | +€664 | +142% |
| Other amounts payable | 47/48 | €1,050,916 | €1,072,051 | +€21,135 | +2.0% |
| Non-recurring operating income | 76A | - | €519 | +€519 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,135 | €81,592 | -€9,543 | -10.5% |
| Other operating charges | 640/8 | €6,408 | €6,363 | -€45 | -0.7% |
| Gross operating margin | 9900 | €115,178 | €107,022 | -€8,156 | -7.1% |
| Operating profit (loss) | 9901 | €17,635 | €19,067 | +€1,432 | +8.1% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €10,698 | €9,695 | -€1,003 | -9.4% |
| Recurring financial charges | 65 | €10,698 | €9,695 | -€1,003 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €6,938 | €9,372 | +€2,435 | +35.1% |
| Income taxes | 67/77 | €74 | €65 | -€9 | -11.9% |
| Profit (loss) for the period | 9904 | €6,864 | €9,307 | +€2,443 | +35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,864 | €9,307 | +€2,443 | +35.6% |
Next steps
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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.