H2BC: 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.
H2BC
Largest movements
- Cash +€1,594
up €1,594 (+685.1%), from €233 to €1,826
mainly Other debts (+€5,758) and Short-term financial debts (+€80)
- Deferred charges and accrued income +€1,020
new in 2025: €1,020
- Receivables within one year +€719
up €719 (+1218.5%), from €59 to €778
of which Trade receivables: +€605
- Other debts +€5,758
up €5,758 (+7.8%), from €73,982 to €79,739
- Trade debts -€1,249
down €1,249 (-100.0%), from €1,249 to €0
- Profit (loss) carried forward -€1,127
down €1,127 (-1.3%), from -€87,783 to -€88,910
- Tax, wage and social debts -€129
down €129 (-30.7%), from €421 to €292
- Short-term financial debts +€80
up €80 (+347.6%), from €23 to €103
- Gross operating margin +€1,729
up €1,729, from -€1,412 to €317
- Financial income +€108
up €108 (+3519.3%), from €3 to €111
- Financial charges +€17
up €17 (+12.8%), from €136 to €154
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 | €292 | €3,624 | +€3,332 | +1142.8% |
| Current assets | 29/58 | €292 | €3,624 | +€3,332 | +1142.8% |
| Amounts receivable within one year | 40/41 | €59 | €778 | +€719 | +1218.5% |
| Trade receivables | 40 | €0 | €605 | +€605 | |
| Other amounts receivable | 41 | €59 | €173 | +€114 | +192.7% |
| Cash at bank and in hand | 54/58 | €233 | €1,826 | +€1,594 | +685.1% |
| Deferred charges and accrued income | 490/1 | - | €1,020 | +€1,020 | |
| Total equity and liabilities | 10/49 | €292 | €3,624 | +€3,332 | +1142.8% |
| Equity | 10/15 | -€75,383 | -€76,510 | -€1,127 | -1.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€87,783 | -€88,910 | -€1,127 | -1.3% |
| Amounts payable | 17/49 | €75,675 | €80,134 | +€4,460 | +5.9% |
| Amounts payable within one year | 42/48 | €75,675 | €80,134 | +€4,460 | +5.9% |
| Financial debts | 43 | €23 | €103 | +€80 | +347.6% |
| Credit institutions | 430/8 | €23 | €103 | +€80 | +347.6% |
| Trade debts | 44 | €1,249 | €0 | -€1,249 | -100.0% |
| Suppliers | 440/4 | €1,249 | €0 | -€1,249 | -100.0% |
| Taxes, remuneration and social security | 45 | €421 | €292 | -€129 | -30.7% |
| Taxes | 450/3 | €421 | €292 | -€129 | -30.7% |
| Other amounts payable | 47/48 | €73,982 | €79,739 | +€5,758 | +7.8% |
| Other operating charges | 640/8 | €1,243 | €1,253 | +€10 | +0.8% |
| Gross operating margin | 9900 | -€1,412 | €317 | +€1,729 | |
| Operating profit (loss) | 9901 | -€2,655 | -€936 | +€1,719 | +64.7% |
| Financial income | 75/76B | €3 | €111 | +€108 | +3519.3% |
| Recurring financial income | 75 | €3 | €111 | +€108 | +3519.3% |
| Financial charges | 65/66B | €136 | €154 | +€17 | +12.8% |
| Recurring financial charges | 65 | €136 | €154 | +€17 | +12.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,788 | -€979 | +€1,809 | +64.9% |
| Income taxes | 67/77 | €145 | €149 | +€4 | +2.6% |
| Profit (loss) for the period | 9904 | -€2,933 | -€1,127 | +€1,805 | +61.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,933 | -€1,127 | +€1,805 | +61.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.