HB Services: 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 Services
Largest movements
- Financial fixed assets +€195,719
up €195,719 (+112%), from €175,000 to €370,719
- Tangible fixed assets -€14,455
down €14,455 (-30.7%), from €47,117 to €32,662
of which Furniture and vehicles: -€11,814
- Other debts +€196,573
up €196,573 (+229%), from €85,668 to €282,241
- Debts after one year -€26,345
down €26,345 (-27.2%), from €97,004 to €70,659
- Profit (loss) carried forward +€7,756
up €7,756 (+446%), from €1,741 to €9,496
- Gross operating margin +€8,507
up €8,507 (+37.9%), from €22,471 to €30,979
- Taxes +€2,127
up €2,127 (+282%), from €754 to €2,881
- Depreciation +€803
up €803 (+5.7%), from €14,065 to €14,868
- Financial charges -€588
down €588 (-11.6%), from €5,052 to €4,464
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 | €254,876 | €426,251 | +€171,375 | +67.2% |
| Fixed assets | 21/28 | €222,117 | €403,380 | +€181,263 | +81.6% |
| Tangible fixed assets | 22/27 | €47,117 | €32,662 | -€14,455 | -30.7% |
| Plant, machinery and equipment | 23 | €3,277 | €635 | -€2,642 | -80.6% |
| Furniture and vehicles | 24 | €43,840 | €32,026 | -€11,814 | -26.9% |
| Financial fixed assets | 28 | €175,000 | €370,719 | +€195,719 | +112% |
| Current assets | 29/58 | €32,759 | €22,871 | -€9,888 | -30.2% |
| Stocks and contracts in progress | 3 | €1,097 | €1,084 | -€13 | -1.2% |
| Stocks | 30/36 | €1,097 | €1,084 | -€13 | -1.2% |
| Amounts receivable within one year | 40/41 | €7,143 | €3,630 | -€3,513 | -49.2% |
| Trade receivables | 40 | €7,143 | €3,630 | -€3,513 | -49.2% |
| Cash at bank and in hand | 54/58 | €12,063 | €9,334 | -€2,728 | -22.6% |
| Deferred charges and accrued income | 490/1 | €12,457 | €8,823 | -€3,634 | -29.2% |
| Total equity and liabilities | 10/49 | €254,876 | €426,251 | +€171,375 | +67.2% |
| Equity | 10/15 | €17,341 | €25,096 | +€7,756 | +44.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €12,600 | €12,600 | = | 0.0% |
| Distributable reserves | 133 | €12,600 | €12,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,741 | €9,496 | +€7,756 | +446% |
| Amounts payable | 17/49 | €237,536 | €401,154 | +€163,619 | +68.9% |
| Amounts payable after more than one year | 17 | €97,004 | €70,659 | -€26,345 | -27.2% |
| Financial debts | 170/4 | €97,004 | €70,659 | -€26,345 | -27.2% |
| Amounts payable within one year | 42/48 | €140,532 | €330,495 | +€189,963 | +135% |
| Current portion of amounts payable after more than one year | 42 | €27,237 | €27,237 | -€0 | 0.0% |
| Trade debts | 44 | €20,502 | €16,377 | -€4,126 | -20.1% |
| Suppliers | 440/4 | €20,502 | €16,377 | -€4,126 | -20.1% |
| Taxes, remuneration and social security | 45 | €7,124 | €4,640 | -€2,484 | -34.9% |
| Taxes | 450/3 | €7,124 | €4,640 | -€2,484 | -34.9% |
| Other amounts payable | 47/48 | €85,668 | €282,241 | +€196,573 | +229% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,065 | €14,868 | +€803 | +5.7% |
| Other operating charges | 640/8 | €911 | €1,009 | +€98 | +10.8% |
| Gross operating margin | 9900 | €22,471 | €30,979 | +€8,507 | +37.9% |
| Operating profit (loss) | 9901 | €7,496 | €15,101 | +€7,606 | +101% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €5,052 | €4,464 | -€588 | -11.6% |
| Recurring financial charges | 65 | €5,052 | €4,464 | -€588 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €2,444 | €10,637 | +€8,194 | +335% |
| Income taxes | 67/77 | €754 | €2,881 | +€2,127 | +282% |
| Profit (loss) for the period | 9904 | €1,690 | €7,756 | +€6,066 | +359% |
| Profit (loss) for the period to be appropriated | 9905 | €1,690 | €7,756 | +€6,066 | +359% |
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 28 October 2026 via checked.be.