HB ADVISORY: 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.
HB ADVISORY
Largest movements
- Receivables within one year +€29,388
up €29,388 (+4,695%), from €626 to €30,014
- Profit (loss) carried forward +€30,528
up €30,528 (+124%), from €24,651 to €55,179
- Other debts -€833
no longer reported in 2025 (was €833)
- Gross operating margin +€7,718
up €7,718 (+28.1%), from €27,481 to €35,199
- Staff costs +€1,444
up €1,444 (+96.7%), from €1,493 to €2,937
- Financial charges +€532
up €532 (+153%), from €347 to €879
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 | €27,534 | €57,489 | +€29,955 | +109% |
| Current assets | 29/58 | €27,534 | €57,489 | +€29,955 | +109% |
| Amounts receivable within one year | 40/41 | €626 | €30,014 | +€29,388 | +4,695% |
| Other amounts receivable | 41 | €626 | €30,014 | +€29,388 | +4,695% |
| Cash at bank and in hand | 54/58 | €26,908 | €27,475 | +€567 | +2.1% |
| Total equity and liabilities | 10/49 | €27,534 | €57,489 | +€29,955 | +109% |
| Equity | 10/15 | €26,651 | €57,179 | +€30,528 | +115% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,651 | €55,179 | +€30,528 | +124% |
| Amounts payable | 17/49 | €883 | €310 | -€573 | -64.9% |
| Amounts payable within one year | 42/48 | €883 | €310 | -€573 | -64.9% |
| Trade debts | 44 | €50 | €310 | +€260 | +520% |
| Suppliers | 440/4 | €50 | €310 | +€260 | +520% |
| Other amounts payable | 47/48 | €833 | - | -€833 | |
| Remuneration, social security and pensions | 62 | €1,493 | €2,937 | +€1,444 | +96.7% |
| Other operating charges | 640/8 | - | €66 | +€66 | |
| Non-recurring operating charges | 66A | €157 | - | -€157 | |
| Gross operating margin | 9900 | €27,481 | €35,199 | +€7,718 | +28.1% |
| Operating profit (loss) | 9901 | €25,831 | €32,196 | +€6,365 | +24.6% |
| Financial income | 75/76B | - | €63 | +€63 | |
| Recurring financial income | 75 | - | €63 | +€63 | |
| Financial charges | 65/66B | €347 | €879 | +€532 | +153% |
| Recurring financial charges | 65 | €347 | €879 | +€532 | +153% |
| Profit (loss) for the period before taxes | 9903 | €25,484 | €31,380 | +€5,896 | +23.1% |
| Income taxes | 67/77 | - | €19 | +€19 | |
| Profit (loss) for the period | 9904 | €25,484 | €31,361 | +€5,877 | +23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €25,484 | €31,361 | +€5,877 | +23.1% |
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 20 October 2026 via checked.be.