HARDWILL DIAMONDS: 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.
HARDWILL DIAMONDS
Largest movements
- Stocks and contracts -€1.2m
down €1.2m (-42.3%), from €2.8m to €1.6m
- Receivables within one year +€152,600
up €152,600 (+8.4%), from €1.8m to €2.0m
of which Trade receivables: +€159,761
- Cash +€95,423
up €95,423 (+1,137%), from €8,392 to €103,815
mainly Stocks and contracts (+€1.2m) and Tax, wage and social debts (+€8,758)
- Trade debts -€912,044
down €912,044 (-24.1%), from €3.8m to €2.9m
- Gross operating margin -€223,229
down €223,229, from €173,761 to -€49,468
- Financial income +€164,265
up €164,265 (+1,642,645,600%), from €0 to €164,265
- Taxes +€9,152
up €9,152 (+38.5%), from €23,749 to €32,901
- Staff costs -€2,480
down €2,480 (-2.3%), from €106,048 to €103,569
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 | €4,610,541 | €3,675,916 | -€934,625 | -20.3% |
| Fixed assets | 21/28 | €2,000 | - | -€2,000 | |
| Financial fixed assets | 28 | €2,000 | - | -€2,000 | |
| Current assets | 29/58 | €4,608,541 | €3,675,916 | -€932,625 | -20.2% |
| Stocks and contracts in progress | 3 | €2,790,753 | €1,610,904 | -€1.2m | -42.3% |
| Stocks | 30/36 | €2,790,753 | €1,610,904 | -€1.2m | -42.3% |
| Amounts receivable within one year | 40/41 | €1,808,597 | €1,961,197 | +€152,600 | +8.4% |
| Trade receivables | 40 | €1,798,968 | €1,958,729 | +€159,761 | +8.9% |
| Other amounts receivable | 41 | €9,629 | €2,469 | -€7,160 | -74.4% |
| Cash at bank and in hand | 54/58 | €8,392 | €103,815 | +€95,423 | +1,137% |
| Deferred charges and accrued income | 490/1 | €799 | - | -€799 | |
| Total equity and liabilities | 10/49 | €4,610,541 | €3,675,916 | -€934,625 | -20.3% |
| Equity | 10/15 | €505,556 | €472,938 | -€32,618 | -6.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €917,913 | €917,913 | = | 0.0% |
| Distributable reserves | 133 | €917,913 | €917,913 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€430,957 | -€463,575 | -€32,618 | -7.6% |
| Amounts payable | 17/49 | €4,104,985 | €3,202,978 | -€902,007 | -22.0% |
| Amounts payable after more than one year | 17 | €250,000 | €250,000 | = | 0.0% |
| Financial debts | 170/4 | €250,000 | €250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,854,985 | €2,951,658 | -€903,327 | -23.4% |
| Financial debts | 43 | €42 | - | -€42 | |
| Credit institutions | 430/8 | €42 | - | -€42 | |
| Trade debts | 44 | €3,789,639 | €2,877,596 | -€912,044 | -24.1% |
| Suppliers | 440/4 | €3,789,639 | €2,877,596 | -€912,044 | -24.1% |
| Taxes, remuneration and social security | 45 | €65,304 | €74,062 | +€8,758 | +13.4% |
| Taxes | 450/3 | €37,743 | €56,656 | +€18,912 | +50.1% |
| Remuneration and social security | 454/9 | €27,561 | €17,407 | -€10,154 | -36.8% |
| Accrued charges and deferred income | 492/3 | - | €1,320 | +€1,320 | |
| Remuneration, social security and pensions | 62 | €106,048 | €103,569 | -€2,480 | -2.3% |
| Other operating charges | 640/8 | €2,770 | €2,458 | -€312 | -11.3% |
| Gross operating margin | 9900 | €173,761 | -€49,468 | -€223,229 | |
| Operating profit (loss) | 9901 | €64,944 | -€155,495 | -€220,438 | |
| Financial income | 75/76B | €0 | €164,265 | +€164,265 | +1,642,645,600% |
| Recurring financial income | 75 | €0 | €164,265 | +€164,265 | +1,642,645,600% |
| Financial charges | 65/66B | €7,416 | €8,487 | +€1,070 | +14.4% |
| Recurring financial charges | 65 | €7,416 | €8,487 | +€1,070 | +14.4% |
| Profit (loss) for the period before taxes | 9903 | €57,527 | €283 | -€57,244 | -99.5% |
| Income taxes | 67/77 | €23,749 | €32,901 | +€9,152 | +38.5% |
| Profit (loss) for the period | 9904 | €33,778 | -€32,618 | -€66,395 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,778 | -€32,618 | -€66,395 |
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 23 October 2026 via checked.be.