HB Promotions: 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 Promotions
Largest movements
- Stocks and contracts +€274,759
up €274,759 (+1,109%), from €24,780 to €299,539
- Cash +€22,429
up €22,429 (+7,116%), from €315 to €22,744
mainly Other debts (+€311,571) and Receivables within one year (+€4,394)
- Other debts +€311,571
up €311,571 (+26.3%), from €1.2m to €1.5m
- Profit (loss) carried forward -€23,807
down €23,807 (-4.5%), from -€533,534 to -€557,341
- Other operating charges +€16,195
up €16,195 (+2,052%), from €789 to €16,984
- Financial charges -€5,827
down €5,827 (-53.1%), from €10,973 to €5,146
- Gross operating margin +€5,503
up €5,503, from -€5,365 to €138
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 | €710,346 | €1,003,140 | +€292,793 | +41.2% |
| Current assets | 29/58 | €710,346 | €1,003,140 | +€292,793 | +41.2% |
| Stocks and contracts in progress | 3 | €24,780 | €299,539 | +€274,759 | +1,109% |
| Stocks | 30/36 | €24,780 | €299,539 | +€274,759 | +1,109% |
| Amounts receivable within one year | 40/41 | €685,251 | €680,857 | -€4,394 | -0.6% |
| Trade receivables | 40 | €777 | €901 | +€124 | +15.9% |
| Other amounts receivable | 41 | €684,474 | €679,956 | -€4,518 | -0.7% |
| Cash at bank and in hand | 54/58 | €315 | €22,744 | +€22,429 | +7,116% |
| Total equity and liabilities | 10/49 | €710,346 | €1,003,140 | +€292,793 | +41.2% |
| Equity | 10/15 | -€483,534 | -€507,341 | -€23,807 | -4.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€533,534 | -€557,341 | -€23,807 | -4.5% |
| Amounts payable | 17/49 | €1,193,880 | €1,510,481 | +€316,600 | +26.5% |
| Amounts payable within one year | 42/48 | €1,193,880 | €1,510,481 | +€316,600 | +26.5% |
| Trade debts | 44 | €8,931 | €10,960 | +€2,029 | +22.7% |
| Suppliers | 440/4 | €8,931 | €10,960 | +€2,029 | +22.7% |
| Advances received on contracts in progress | 46 | - | €3,000 | +€3,000 | |
| Taxes, remuneration and social security | 45 | €105 | €105 | = | 0.0% |
| Taxes | 450/3 | €105 | €105 | = | 0.0% |
| Other amounts payable | 47/48 | €1,184,844 | €1,496,415 | +€311,571 | +26.3% |
| Other operating charges | 640/8 | €789 | €16,984 | +€16,195 | +2,052% |
| Non-recurring operating charges | 66A | - | €1,815 | +€1,815 | |
| Gross operating margin | 9900 | -€5,365 | €138 | +€5,503 | |
| Operating profit (loss) | 9901 | -€6,154 | -€18,661 | -€12,507 | -203% |
| Financial income | 75/76B | €12 | €0 | -€12 | -99.9% |
| Recurring financial income | 75 | €12 | €0 | -€12 | -99.9% |
| Financial charges | 65/66B | €10,973 | €5,146 | -€5,827 | -53.1% |
| Recurring financial charges | 65 | €10,973 | €5,146 | -€5,827 | -53.1% |
| Profit (loss) for the period before taxes | 9903 | -€17,115 | -€23,807 | -€6,692 | -39.1% |
| Profit (loss) for the period | 9904 | -€17,115 | -€23,807 | -€6,692 | -39.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,115 | -€23,807 | -€6,692 | -39.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.