H & V CARPETS: 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 & V CARPETS
Largest movements
- Receivables within one year -€287,410
down €287,410 (-88.5%), from €324,608 to €37,197
of which Trade receivables: -€286,659
- Cash -€13,826
down €13,826 (-56.6%), from €24,422 to €10,596
mainly Debts after one year (-€284,500) and Trade debts (-€18,697)
- Deferred charges and accrued income -€9,745
down €9,745 (-90.9%), from €10,716 to €971
- Debts after one year -€284,500
down €284,500 (-28.5%), from €1.0m to €715,500
- Trade debts -€18,697
down €18,697 (-51.8%), from €36,107 to €17,410
- Profit (loss) carried forward -€7,803
down €7,803 (-0.9%), from -€852,430 to -€860,233
- Financial charges +€14,380
up €14,380 (+595%), from €2,417 to €16,797
- Financial income -€11,617
down €11,617 (-100%), from €11,617 to €0
- Gross operating margin -€3,231
down €3,231 (-2.6%), from €126,657 to €123,426
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.
Derived cash bridge
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 | €361,846 | €50,864 | -€310,982 | -85.9% |
| Fixed assets | 21/28 | €2,100 | €2,100 | = | 0.0% |
| Financial fixed assets | 28 | €2,100 | €2,100 | = | 0.0% |
| Current assets | 29/58 | €359,746 | €48,764 | -€310,982 | -86.4% |
| Amounts receivable within one year | 40/41 | €324,608 | €37,197 | -€287,410 | -88.5% |
| Trade receivables | 40 | €323,295 | €36,636 | -€286,659 | -88.7% |
| Other amounts receivable | 41 | €1,313 | €561 | -€752 | -57.3% |
| Cash at bank and in hand | 54/58 | €24,422 | €10,596 | -€13,826 | -56.6% |
| Deferred charges and accrued income | 490/1 | €10,716 | €971 | -€9,745 | -90.9% |
| Total equity and liabilities | 10/49 | €361,846 | €50,864 | -€310,982 | -85.9% |
| Equity | 10/15 | -€687,323 | -€695,125 | -€7,803 | -1.1% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €15,108 | €15,108 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Other | 1319 | €15,000 | €15,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €108 | €108 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€852,430 | -€860,233 | -€7,803 | -0.9% |
| Amounts payable | 17/49 | €1,049,169 | €745,990 | -€303,179 | -28.9% |
| Amounts payable after more than one year | 17 | €1,000,000 | €715,500 | -€284,500 | -28.5% |
| Financial debts | 170/4 | €1,000,000 | €715,500 | -€284,500 | -28.5% |
| Amounts payable within one year | 42/48 | €49,169 | €30,490 | -€18,679 | -38.0% |
| Trade debts | 44 | €36,107 | €17,410 | -€18,697 | -51.8% |
| Suppliers | 440/4 | €36,107 | €17,410 | -€18,697 | -51.8% |
| Taxes, remuneration and social security | 45 | €13,062 | €13,080 | +€18 | +0.1% |
| Remuneration and social security | 454/9 | €13,062 | €13,080 | +€18 | +0.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €113,794 | €113,673 | -€120 | -0.1% |
| Other operating charges | 640/8 | €820 | €758 | -€62 | -7.6% |
| Gross operating margin | 9900 | €126,657 | €123,426 | -€3,231 | -2.6% |
| Operating profit (loss) | 9901 | €12,044 | €8,995 | -€3,049 | -25.3% |
| Financial income | 75/76B | €11,617 | €0 | -€11,617 | -100% |
| Recurring financial income | 75 | €11,617 | €0 | -€11,617 | -100% |
| Financial charges | 65/66B | €2,417 | €16,797 | +€14,380 | +595% |
| Recurring financial charges | 65 | €2,417 | €16,797 | +€14,380 | +595% |
| Profit (loss) for the period before taxes | 9903 | €21,243 | -€7,803 | -€29,046 | |
| Profit (loss) for the period | 9904 | €21,243 | -€7,803 | -€29,046 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,243 | -€7,803 | -€29,046 |
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 29 October 2026 via checked.be.