H VENTURES: 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 VENTURES
Largest movements
- Receivables within one year +€9,626
up €9,626 (+107.3%), from €8,973 to €18,599
of which Trade receivables: +€11,935
- Cash +€244
new in 2025: €244
mainly Other debts (+€13,964) and Trade debts (+€772)
- Other debts +€13,964
up €13,964 (+1493.4%), from €935 to €14,899
- Profit (loss) carried forward -€3,708
down €3,708 (-28.2%), from -€13,160 to -€16,869
- Short-term financial debts -€1,157
no longer reported in 2025 (was €1,157)
- Trade debts +€772
up €772 (+60.0%), from €1,286 to €2,058
- Purchases and services +€12,841
up €12,841 (+519.6%), from €2,471 to €15,313
- Turnover +€11,069
up €11,069 (+1159.6%), from €955 to €12,024
- Gross operating margin -€1,772
down €1,772 (-116.9%), from -€1,517 to -€3,289
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 | €8,973 | €18,843 | +€9,870 | +110.0% |
| Current assets | 29/58 | €8,973 | €18,843 | +€9,870 | +110.0% |
| Amounts receivable within one year | 40/41 | €8,973 | €18,599 | +€9,626 | +107.3% |
| Trade receivables | 40 | €1,155 | €13,090 | +€11,935 | +1033.3% |
| Other amounts receivable | 41 | €7,818 | €5,509 | -€2,309 | -29.5% |
| Cash at bank and in hand | 54/58 | - | €244 | +€244 | |
| Total equity and liabilities | 10/49 | €8,973 | €18,843 | +€9,870 | +110.0% |
| Equity | 10/15 | €5,595 | €1,887 | -€3,708 | -66.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €155 | €155 | = | 0.0% |
| Non-distributable reserves | 130/1 | €155 | €155 | = | 0.0% |
| Reserves not available under the articles | 1311 | €155 | €155 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,160 | -€16,869 | -€3,708 | -28.2% |
| Amounts payable | 17/49 | €3,378 | €16,957 | +€13,579 | +402.0% |
| Amounts payable within one year | 42/48 | €3,378 | €16,957 | +€13,579 | +402.0% |
| Financial debts | 43 | €1,157 | - | -€1,157 | |
| Credit institutions | 430/8 | €1,157 | - | -€1,157 | |
| Trade debts | 44 | €1,286 | €2,058 | +€772 | +60.0% |
| Suppliers | 440/4 | €1,286 | €2,058 | +€772 | +60.0% |
| Other amounts payable | 47/48 | €935 | €14,899 | +€13,964 | +1493.4% |
| Turnover | 70 | €955 | €12,024 | +€11,069 | +1159.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,471 | €15,313 | +€12,841 | +519.6% |
| Other operating charges | 640/8 | €387 | €416 | +€28 | +7.4% |
| Gross operating margin | 9900 | -€1,517 | -€3,289 | -€1,772 | -116.9% |
| Operating profit (loss) | 9901 | -€1,904 | -€3,705 | -€1,801 | -94.6% |
| Financial charges | 65/66B | €55 | €3 | -€52 | -94.2% |
| Recurring financial charges | 65 | €55 | €3 | -€52 | -94.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,959 | -€3,708 | -€1,749 | -89.3% |
| Profit (loss) for the period | 9904 | -€1,959 | -€3,708 | -€1,749 | -89.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,959 | -€3,708 | -€1,749 | -89.3% |
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 12 October 2026 via checked.be.