H84: 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.
H84
Largest movements
- Receivables within one year +€157,591
up €157,591 (+247.8%), from €63,588 to €221,179
of which Other amounts receivable: +€193,948
- Stocks and contracts -€139,575
down €139,575 (-46.4%), from €301,047 to €161,472
- Cash -€4,639
down €4,639 (-41.1%), from €11,300 to €6,661
mainly Receivables within one year (-€157,591) and Trade debts (-€7,014)
- Profit (loss) carried forward +€14,609
up €14,609 (+40.3%), from -€36,207 to -€21,599
- Trade debts -€7,014
down €7,014 (-57.8%), from €12,142 to €5,127
- Other debts +€5,784
new in 2025: €5,784
- Turnover -€76,959
down €76,959 (-32.4%), from €237,562 to €160,604
- Goods and materials -€58,366
down €58,366 (-29.5%), from €197,940 to €139,575
- Financial income +€5,259
new in 2025: €5,259
- Financial charges -€4,885
down €4,885 (-54.4%), from €8,985 to €4,100
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 | €375,934 | €389,312 | +€13,378 | +3.6% |
| Current assets | 29/58 | €375,934 | €389,312 | +€13,378 | +3.6% |
| Stocks and contracts in progress | 3 | €301,047 | €161,472 | -€139,575 | -46.4% |
| Stocks | 30/36 | €301,047 | €161,472 | -€139,575 | -46.4% |
| Property held for sale | 35 | €301,047 | €161,472 | -€139,575 | -46.4% |
| Amounts receivable within one year | 40/41 | €63,588 | €221,179 | +€157,591 | +247.8% |
| Trade receivables | 40 | €40,580 | €4,223 | -€36,357 | -89.6% |
| Other amounts receivable | 41 | €23,008 | €216,956 | +€193,948 | +843.0% |
| Cash at bank and in hand | 54/58 | €11,300 | €6,661 | -€4,639 | -41.1% |
| Total equity and liabilities | 10/49 | €375,934 | €389,312 | +€13,378 | +3.6% |
| Equity | 10/15 | €363,793 | €378,401 | +€14,609 | +4.0% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Capital | 10 | €400,000 | €400,000 | = | 0.0% |
| Issued capital | 100 | €400,000 | €400,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,207 | -€21,599 | +€14,609 | +40.3% |
| Amounts payable | 17/49 | €12,142 | €10,911 | -€1,231 | -10.1% |
| Amounts payable within one year | 42/48 | €12,142 | €10,911 | -€1,231 | -10.1% |
| Trade debts | 44 | €12,142 | €5,127 | -€7,014 | -57.8% |
| Suppliers | 440/4 | €12,142 | €5,127 | -€7,014 | -57.8% |
| Other amounts payable | 47/48 | - | €5,784 | +€5,784 | |
| Operating income | 70/76A | €239,542 | €160,604 | -€78,938 | -33.0% |
| Turnover | 70 | €237,562 | €160,604 | -€76,959 | -32.4% |
| Non-recurring operating income | 76A | €1,979 | - | -€1,979 | |
| Operating charges | 60/66A | €204,701 | €147,153 | -€57,548 | -28.1% |
| Goods for resale, raw materials and consumables | 60 | €197,940 | €139,575 | -€58,366 | -29.5% |
| Change in stocks: decrease (increase) | 609 | €197,940 | €139,575 | -€58,366 | -29.5% |
| Services and other goods | 61 | €5,330 | €5,997 | +€668 | +12.5% |
| Other operating charges | 640/8 | €1,431 | €1,581 | +€150 | +10.5% |
| Operating profit (loss) | 9901 | €34,841 | €13,451 | -€21,390 | -61.4% |
| Financial income | 75/76B | - | €5,259 | +€5,259 | |
| Recurring financial income | 75 | - | €5,259 | +€5,259 | |
| Income from current assets | 751 | - | €5,259 | +€5,259 | |
| Financial charges | 65/66B | €8,985 | €4,100 | -€4,885 | -54.4% |
| Recurring financial charges | 65 | €8,985 | €4,100 | -€4,885 | -54.4% |
| Debt charges | 650 | €5,942 | - | -€5,942 | |
| Other financial charges | 652/9 | €3,043 | €4,100 | +€1,058 | +34.8% |
| Profit (loss) for the period before taxes | 9903 | €25,856 | €14,609 | -€11,247 | -43.5% |
| Profit (loss) for the period | 9904 | €25,856 | €14,609 | -€11,247 | -43.5% |
| Profit (loss) for the period to be appropriated | 9905 | €25,856 | €14,609 | -€11,247 | -43.5% |
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 3 October 2026 via checked.be.