H SERVICES: what changed
Two fiscal 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 SERVICES
Largest movements
- Cash -€9,490
down €9,490 (-58.3%), from €16,280 to €6,790
mainly Trade debts (-€8,482) and Net result for the year (-€2,450)
- Receivables within one year -€2,123
down €2,123 (-42.9%), from €4,946 to €2,823
of which Trade receivables: -€4,125
- Tangible fixed assets -€497
down €497 (-36.4%), from €1,366 to €869
- Trade debts -€8,482
down €8,482 (-99.3%), from €8,544 to €62
- Profit (loss) carried forward -€4,330
new in 2025: -€4,330
- Other debts +€1,880
new in 2025: €1,880
- Tax, wage and social debts -€1,178
no longer reported in 2025 (was €1,178)
- Gross operating margin -€6,680
down €6,680, from €5,675 to -€1,004
- Taxes -€1,178
no longer reported in 2025 (was €1,178)
- Depreciation -€485
down €485 (-49.4%), from €982 to €497
- Other operating charges +€301
up €301 (+48.3%), from €622 to €923
- Financial charges +€102
up €102 (+199.4%), from €51 to €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 | €22,591 | €10,482 | -€12,110 | -53.6% |
| Fixed assets | 21/28 | €1,366 | €869 | -€497 | -36.4% |
| Tangible fixed assets | 22/27 | €1,366 | €869 | -€497 | -36.4% |
| Plant, machinery and equipment | 23 | €1,366 | €869 | -€497 | -36.4% |
| Current assets | 29/58 | €21,226 | €9,612 | -€11,613 | -54.7% |
| Amounts receivable within one year | 40/41 | €4,946 | €2,823 | -€2,123 | -42.9% |
| Trade receivables | 40 | €4,220 | €95 | -€4,125 | -97.8% |
| Other amounts receivable | 41 | €726 | €2,728 | +€2,002 | +276.0% |
| Cash at bank and in hand | 54/58 | €16,280 | €6,790 | -€9,490 | -58.3% |
| Total equity and liabilities | 10/49 | €22,591 | €10,482 | -€12,110 | -53.6% |
| Equity | 10/15 | €12,869 | €8,539 | -€4,330 | -33.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €2,869 | €2,869 | = | 0.0% |
| Distributable reserves | 133 | €2,869 | €2,869 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€4,330 | -€4,330 | |
| Amounts payable | 17/49 | €9,722 | €1,942 | -€7,780 | -80.0% |
| Amounts payable within one year | 42/48 | €9,722 | €1,942 | -€7,780 | -80.0% |
| Trade debts | 44 | €8,544 | €62 | -€8,482 | -99.3% |
| Suppliers | 440/4 | €8,544 | €62 | -€8,482 | -99.3% |
| Taxes, remuneration and social security | 45 | €1,178 | - | -€1,178 | |
| Taxes | 450/3 | €1,178 | - | -€1,178 | |
| Other amounts payable | 47/48 | - | €1,880 | +€1,880 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €982 | €497 | -€485 | -49.4% |
| Other operating charges | 640/8 | €622 | €923 | +€301 | +48.3% |
| Gross operating margin | 9900 | €5,675 | -€1,004 | -€6,680 | |
| Operating profit (loss) | 9901 | €4,071 | -€2,424 | -€6,495 | |
| Financial income | 75/76B | €27 | €127 | +€100 | +369.2% |
| Recurring financial income | 75 | €27 | €127 | +€100 | +369.2% |
| Financial charges | 65/66B | €51 | €153 | +€102 | +199.4% |
| Recurring financial charges | 65 | €51 | €153 | +€102 | +199.4% |
| Profit (loss) for the period before taxes | 9903 | €4,047 | -€2,450 | -€6,497 | |
| Income taxes | 67/77 | €1,178 | - | -€1,178 | |
| Profit (loss) for the period | 9904 | €2,869 | -€2,450 | -€5,319 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,869 | -€2,450 | -€5,319 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.