H&T concept: 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 concept
Largest movements
- Cash +€15,110
up €15,110 (+33.1%), from €45,602 to €60,712
mainly Other debts (+€65,563) and Receivables within one year (+€7,478)
- Receivables within one year -€7,478
down €7,478 (-29.4%), from €25,453 to €17,975
of which Trade receivables: -€13,934
- Tangible fixed assets -€3,669
down €3,669 (-37.1%), from €9,900 to €6,230
- Other debts +€65,563
up €65,563, from €0 to €65,563
- Profit (loss) carried forward -€62,412
no longer reported in 2025 (was €62,412)
- Tax, wage and social debts +€1,188
up €1,188 (+15.0%), from €7,935 to €9,122
- Gross operating margin -€37,856
down €37,856 (-73.4%), from €51,595 to €13,739
- Taxes -€7,215
down €7,215 (-72.4%), from €9,961 to €2,746
- Depreciation -€1,040
down €1,040 (-22.1%), from €4,710 to €3,669
- Financial charges -€786
down €786 (-17.0%), from €4,610 to €3,824
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 | €82,496 | €86,438 | +€3,942 | +4.8% |
| Fixed assets | 21/28 | €9,900 | €6,230 | -€3,669 | -37.1% |
| Tangible fixed assets | 22/27 | €9,900 | €6,230 | -€3,669 | -37.1% |
| Furniture and vehicles | 24 | €9,900 | €6,230 | -€3,669 | -37.1% |
| Current assets | 29/58 | €72,597 | €80,208 | +€7,611 | +10.5% |
| Amounts receivable within one year | 40/41 | €25,453 | €17,975 | -€7,478 | -29.4% |
| Trade receivables | 40 | €25,075 | €11,140 | -€13,934 | -55.6% |
| Other amounts receivable | 41 | €378 | €6,834 | +€6,456 | +1708.6% |
| Cash at bank and in hand | 54/58 | €45,602 | €60,712 | +€15,110 | +33.1% |
| Deferred charges and accrued income | 490/1 | €1,542 | €1,521 | -€21 | -1.4% |
| Total equity and liabilities | 10/49 | €82,496 | €86,438 | +€3,942 | +4.8% |
| Equity | 10/15 | €68,412 | €6,000 | -€62,412 | -91.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,412 | - | -€62,412 | |
| Amounts payable | 17/49 | €14,085 | €80,438 | +€66,354 | +471.1% |
| Amounts payable within one year | 42/48 | €14,085 | €80,438 | +€66,354 | +471.1% |
| Financial debts | 43 | €53 | €47 | -€6 | -12.1% |
| Credit institutions | 430/8 | €53 | €47 | -€6 | -12.1% |
| Trade debts | 44 | €6,097 | €5,706 | -€391 | -6.4% |
| Suppliers | 440/4 | €6,097 | €5,706 | -€391 | -6.4% |
| Taxes, remuneration and social security | 45 | €7,935 | €9,122 | +€1,188 | +15.0% |
| Taxes | 450/3 | €7,935 | €9,122 | +€1,188 | +15.0% |
| Other amounts payable | 47/48 | €0 | €65,563 | +€65,563 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,710 | €3,669 | -€1,040 | -22.1% |
| Other operating charges | 640/8 | €409 | €380 | -€29 | -7.1% |
| Gross operating margin | 9900 | €51,595 | €13,739 | -€37,856 | -73.4% |
| Operating profit (loss) | 9901 | €46,477 | €9,690 | -€36,787 | -79.2% |
| Financial income | 75/76B | €0 | €31 | +€31 | +16447.4% |
| Recurring financial income | 75 | €0 | €31 | +€31 | +16447.4% |
| Financial charges | 65/66B | €4,610 | €3,824 | -€786 | -17.0% |
| Recurring financial charges | 65 | €4,610 | €3,824 | -€786 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €41,867 | €5,898 | -€35,970 | -85.9% |
| Income taxes | 67/77 | €9,961 | €2,746 | -€7,215 | -72.4% |
| Profit (loss) for the period | 9904 | €31,906 | €3,151 | -€28,755 | -90.1% |
| Profit (loss) for the period to be appropriated | 9905 | €31,906 | €3,151 | -€28,755 | -90.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.