H.T.C.: 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.T.C.
Largest movements
- Cash -€3,583
down €3,583 (-83.1%), from €4,312 to €729
mainly Net result for the year (-€14,053) and Trade debts (-€1,064)
- Tangible fixed assets -€2,699
down €2,699 (-100.0%), from €2,699 to €0
- Receivables within one year +€552
up €552 (+11.4%), from €4,862 to €5,414
of which Other amounts receivable: +€4,422
- Financial fixed assets -€363
down €363 (-100.0%), from €363 to €0
- Profit (loss) carried forward -€14,053
down €14,053 (-10.6%), from -€132,524 to -€146,577
- Other debts +€9,649
up €9,649 (+7.3%), from €132,901 to €142,550
- Trade debts -€1,064
down €1,064 (-38.8%), from €2,740 to €1,676
- Tax, wage and social debts -€624
down €624 (-58.9%), from €1,060 to €436
- Gross operating margin -€8,574
down €8,574 (-657.8%), from -€1,304 to -€9,878
- Taxes -€436
down €436 (-100.0%), from €436 to €0
- Other operating charges +€427
up €427 (+92.5%), from €462 to €890
- Staff costs -€324
down €324 (-100.0%), from €324 to €0
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 | €12,236 | €6,143 | -€6,093 | -49.8% |
| Fixed assets | 21/28 | €3,062 | €0 | -€3,062 | -100.0% |
| Tangible fixed assets | 22/27 | €2,699 | €0 | -€2,699 | -100.0% |
| Furniture and vehicles | 24 | €2,699 | €0 | -€2,699 | -100.0% |
| Financial fixed assets | 28 | €363 | €0 | -€363 | -100.0% |
| Current assets | 29/58 | €9,173 | €6,143 | -€3,031 | -33.0% |
| Amounts receivable within one year | 40/41 | €4,862 | €5,414 | +€552 | +11.4% |
| Trade receivables | 40 | €4,768 | €898 | -€3,870 | -81.2% |
| Other amounts receivable | 41 | €94 | €4,516 | +€4,422 | +4725.0% |
| Cash at bank and in hand | 54/58 | €4,312 | €729 | -€3,583 | -83.1% |
| Total equity and liabilities | 10/49 | €12,236 | €6,143 | -€6,093 | -49.8% |
| Equity | 10/15 | -€124,465 | -€138,518 | -€14,053 | -11.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€132,524 | -€146,577 | -€14,053 | -10.6% |
| Amounts payable | 17/49 | €136,701 | €144,661 | +€7,960 | +5.8% |
| Amounts payable within one year | 42/48 | €136,701 | €144,661 | +€7,960 | +5.8% |
| Trade debts | 44 | €2,740 | €1,676 | -€1,064 | -38.8% |
| Suppliers | 440/4 | €2,740 | €1,676 | -€1,064 | -38.8% |
| Taxes, remuneration and social security | 45 | €1,060 | €436 | -€624 | -58.9% |
| Taxes | 450/3 | €1,060 | €436 | -€624 | -58.9% |
| Other amounts payable | 47/48 | €132,901 | €142,550 | +€9,649 | +7.3% |
| Remuneration, social security and pensions | 62 | €324 | €0 | -€324 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,361 | €1,350 | -€11 | -0.8% |
| Other operating charges | 640/8 | €462 | €890 | +€427 | +92.5% |
| Non-recurring operating charges | 66A | €13,510 | €1,677 | -€11,832 | -87.6% |
| Gross operating margin | 9900 | -€1,304 | -€9,878 | -€8,574 | -657.8% |
| Operating profit (loss) | 9901 | -€16,960 | -€13,795 | +€3,165 | +18.7% |
| Financial income | 75/76B | €2 | €0 | -€2 | -81.5% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -81.5% |
| Financial charges | 65/66B | €219 | €259 | +€40 | +18.3% |
| Recurring financial charges | 65 | €219 | €259 | +€40 | +18.3% |
| Profit (loss) for the period before taxes | 9903 | -€17,176 | -€14,053 | +€3,123 | +18.2% |
| Income taxes | 67/77 | €436 | €0 | -€436 | -100.0% |
| Profit (loss) for the period | 9904 | -€17,612 | -€14,053 | +€3,559 | +20.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,612 | -€14,053 | +€3,559 | +20.2% |
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 10 October 2026 via checked.be.