H & V: 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 & V
Largest movements
- Cash -€42,870
down €42,870 (-100.0%), from €42,870 to €0
mainly Other debts (-€21,838) and Receivables within one year (-€15,000)
- Receivables within one year +€15,000
new in 2025: €15,000
- Other debts -€21,838
down €21,838 (-99.8%), from €21,878 to €40
- Trade debts -€5,868
no longer reported in 2025 (was €5,868)
- Gross operating margin +€4,234
no longer reported in 2025 (was -€4,234)
- Other operating charges -€2,707
down €2,707 (-95.8%), from €2,825 to €118
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 | €42,872 | €15,003 | -€27,870 | -65.0% |
| Fixed assets | 21/28 | €2 | €2 | = | 0.0% |
| Financial fixed assets | 28 | €2 | €2 | = | 0.0% |
| Current assets | 29/58 | €42,870 | €15,000 | -€27,870 | -65.0% |
| Amounts receivable within one year | 40/41 | - | €15,000 | +€15,000 | |
| Other amounts receivable | 41 | - | €15,000 | +€15,000 | |
| Cash at bank and in hand | 54/58 | €42,870 | €0 | -€42,870 | -100.0% |
| Total equity and liabilities | 10/49 | €42,872 | €15,003 | -€27,870 | -65.0% |
| Equity | 10/15 | €10,637 | €10,474 | -€163 | -1.5% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €11,470 | €11,470 | = | 0.0% |
| Distributable reserves | 133 | €11,470 | €11,470 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,030 | -€7,193 | -€163 | -2.3% |
| Amounts payable | 17/49 | €32,236 | €4,529 | -€27,707 | -86.0% |
| Amounts payable within one year | 42/48 | €32,236 | €4,529 | -€27,707 | -86.0% |
| Trade debts | 44 | €5,868 | - | -€5,868 | |
| Suppliers | 440/4 | €5,868 | - | -€5,868 | |
| Taxes, remuneration and social security | 45 | €4,489 | €4,489 | = | 0.0% |
| Taxes | 450/3 | €4,489 | €4,489 | = | 0.0% |
| Other amounts payable | 47/48 | €21,878 | €40 | -€21,838 | -99.8% |
| Other operating charges | 640/8 | €2,825 | €118 | -€2,707 | -95.8% |
| Gross operating margin | 9900 | -€4,234 | - | +€4,234 | |
| Operating profit (loss) | 9901 | -€7,059 | -€118 | +€6,941 | +98.3% |
| Financial charges | 65/66B | €39 | €45 | +€6 | +15.1% |
| Recurring financial charges | 65 | €39 | €45 | +€6 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,098 | -€163 | +€6,936 | +97.7% |
| Profit (loss) for the period | 9904 | -€7,098 | -€163 | +€6,936 | +97.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,098 | -€163 | +€6,936 | +97.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.