HB Antwerp: 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 Antwerp
Largest movements
- Receivables within one year -€278,403
down €278,403 (-4.0%), from €7.0m to €6.7m
- Profit (loss) carried forward -€775,865
down €775,865 (-35.7%), from -€2.2m to -€2.9m
- Other debts +€682,413
up €682,413 (+7.7%), from €8.9m to €9.6m
- Trade debts -€140,783
down €140,783 (-57.9%), from €243,235 to €102,452
- Tax, wage and social debts -€80,426
no longer reported in 2025 (was €80,426)
- Financial charges -€3.1m
down €3.1m (-75.1%), from €4.1m to €1.0m
of which Non-recurring financial charges: -€3.7m
- Services and other goods -€423,684
down €423,684 (-93.3%), from €454,349 to €30,665
- Financial income -€289,603
down €289,603 (-51.0%), from €567,834 to €278,230
- Other operating charges -€221,707
down €221,707 (-97.9%), from €226,394 to €4,687
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 | €7,108,191 | €6,824,846 | -€283,345 | -4.0% |
| Fixed assets | 21/28 | €109,021 | €101,780 | -€7,241 | -6.6% |
| Tangible fixed assets | 22/27 | €10,321 | €3,080 | -€7,241 | -70.2% |
| Furniture and vehicles | 24 | €1,995 | €587 | -€1,408 | -70.6% |
| Other tangible fixed assets | 26 | €8,326 | €2,493 | -€5,833 | -70.1% |
| Financial fixed assets | 28 | €98,700 | €98,700 | = | 0.0% |
| Affiliated companies | 280/1 | €98,700 | €98,700 | = | 0.0% |
| Participating interests | 280 | €98,700 | €98,700 | = | 0.0% |
| Current assets | 29/58 | €6,999,170 | €6,723,066 | -€276,104 | -3.9% |
| Amounts receivable within one year | 40/41 | €6,999,136 | €6,720,733 | -€278,403 | -4.0% |
| Other amounts receivable | 41 | €6,999,136 | €6,720,733 | -€278,403 | -4.0% |
| Cash at bank and in hand | 54/58 | €33 | €2,333 | +€2,300 | +6,867% |
| Total equity and liabilities | 10/49 | €7,108,191 | €6,824,846 | -€283,345 | -4.0% |
| Equity | 10/15 | -€2,160,863 | -€2,936,728 | -€775,865 | -35.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,170,863 | -€2,946,728 | -€775,865 | -35.7% |
| Amounts payable | 17/49 | €9,269,054 | €9,761,574 | +€492,520 | +5.3% |
| Amounts payable within one year | 42/48 | €9,228,223 | €9,689,428 | +€461,204 | +5.0% |
| Trade debts | 44 | €243,235 | €102,452 | -€140,783 | -57.9% |
| Suppliers | 440/4 | €243,235 | €102,452 | -€140,783 | -57.9% |
| Taxes, remuneration and social security | 45 | €80,426 | - | -€80,426 | |
| Taxes | 450/3 | €80,426 | - | -€80,426 | |
| Other amounts payable | 47/48 | €8,904,562 | €9,586,975 | +€682,413 | +7.7% |
| Accrued charges and deferred income | 492/3 | €40,830 | €72,146 | +€31,316 | +76.7% |
| Operating income | 70/76A | - | €408 | +€408 | |
| Non-recurring operating income | 76A | - | €408 | +€408 | |
| Operating charges | 60/66A | €707,644 | €42,593 | -€665,051 | -94.0% |
| Services and other goods | 61 | €454,349 | €30,665 | -€423,684 | -93.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,241 | €7,241 | = | 0.0% |
| Other operating charges | 640/8 | €226,394 | €4,687 | -€221,707 | -97.9% |
| Non-recurring operating charges | 66A | €19,660 | - | -€19,660 | |
| Operating profit (loss) | 9901 | -€707,644 | -€42,185 | +€665,459 | +94.0% |
| Financial income | 75/76B | €567,834 | €278,230 | -€289,603 | -51.0% |
| Recurring financial income | 75 | €567,834 | €278,230 | -€289,603 | -51.0% |
| Income from current assets | 751 | €247,665 | €278,230 | +€30,566 | +12.3% |
| Other financial income | 752/9 | €320,169 | - | -€320,169 | |
| Financial charges | 65/66B | €4,070,880 | €1,011,910 | -€3.1m | -75.1% |
| Recurring financial charges | 65 | €349,346 | €1,011,910 | +€662,564 | +190% |
| Debt charges | 650 | €340,180 | €327,969 | -€12,211 | -3.6% |
| Other financial charges | 652/9 | €9,166 | €683,941 | +€674,775 | +7,362% |
| Non-recurring financial charges | 66B | €3,721,534 | - | -€3.7m | |
| Profit (loss) for the period before taxes | 9903 | -€4,210,690 | -€775,865 | +€3.4m | +81.6% |
| Profit (loss) for the period | 9904 | -€4,210,690 | -€775,865 | +€3.4m | +81.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,210,690 | -€775,865 | +€3.4m | +81.6% |
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 21 October 2026 via checked.be.