HB Services Group: 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 Group
Largest movements
- Cash +€21,421
up €21,421 (+135%), from €15,830 to €37,251
mainly Net result for the year (+€19,376) and Investment in fixed assets (net) (+€13,770)
- Financial fixed assets -€13,770
no longer reported in 2025 (was €13,770)
- Tangible fixed assets -€10,982
down €10,982 (-50.1%), from €21,911 to €10,929
of which Furniture and vehicles: -€8,933
- Receivables within one year -€3,064
down €3,064 (-6.1%), from €50,251 to €47,187
of which Trade receivables: -€7,966
- Deferred charges and accrued income +€2,614
new in 2025: €2,614
- Trade debts -€10,290
down €10,290 (-70.3%), from €14,642 to €4,352
- Tax, wage and social debts +€4,783
up €4,783 (+420%), from €1,140 to €5,923
- Profit (loss) carried forward +€1,726
up €1,726 (+2.1%), from €81,573 to €83,299
- Gross operating margin +€34,408
up €34,408 (+209%), from €16,481 to €50,889
- Other operating charges +€13,202
up €13,202 (+1,801%), from €733 to €13,935
- Depreciation -€6,108
down €6,108 (-35.7%), from €17,090 to €10,982
- Taxes +€4,784
new in 2025: €4,784
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 | €101,762 | €97,981 | -€3,781 | -3.7% |
| Fixed assets | 21/28 | €35,681 | €10,929 | -€24,752 | -69.4% |
| Tangible fixed assets | 22/27 | €21,911 | €10,929 | -€10,982 | -50.1% |
| Plant, machinery and equipment | 23 | €3,964 | €1,915 | -€2,049 | -51.7% |
| Furniture and vehicles | 24 | €17,947 | €9,014 | -€8,933 | -49.8% |
| Financial fixed assets | 28 | €13,770 | - | -€13,770 | |
| Current assets | 29/58 | €66,081 | €87,052 | +€20,971 | +31.7% |
| Amounts receivable within one year | 40/41 | €50,251 | €47,187 | -€3,064 | -6.1% |
| Trade receivables | 40 | €12,668 | €4,702 | -€7,966 | -62.9% |
| Other amounts receivable | 41 | €37,583 | €42,485 | +€4,902 | +13.0% |
| Cash at bank and in hand | 54/58 | €15,830 | €37,251 | +€21,421 | +135% |
| Deferred charges and accrued income | 490/1 | - | €2,614 | +€2,614 | |
| Total equity and liabilities | 10/49 | €101,762 | €97,981 | -€3,781 | -3.7% |
| Equity | 10/15 | €85,980 | €87,706 | +€1,726 | +2.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €1,407 | €1,407 | = | 0.0% |
| Distributable reserves | 133 | €1,407 | €1,407 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,573 | €83,299 | +€1,726 | +2.1% |
| Amounts payable | 17/49 | €15,782 | €10,275 | -€5,507 | -34.9% |
| Amounts payable within one year | 42/48 | €15,782 | €10,275 | -€5,507 | -34.9% |
| Trade debts | 44 | €14,642 | €4,352 | -€10,290 | -70.3% |
| Suppliers | 440/4 | €14,642 | €4,352 | -€10,290 | -70.3% |
| Taxes, remuneration and social security | 45 | €1,140 | €5,923 | +€4,783 | +420% |
| Taxes | 450/3 | €1,140 | €5,923 | +€4,783 | +420% |
| Non-recurring operating income | 76A | - | €4,375 | +€4,375 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,090 | €10,982 | -€6,108 | -35.7% |
| Other operating charges | 640/8 | €733 | €13,935 | +€13,202 | +1,801% |
| Gross operating margin | 9900 | €16,481 | €50,889 | +€34,408 | +209% |
| Operating profit (loss) | 9901 | -€1,342 | €25,972 | +€27,314 | |
| Financial income | 75/76B | €203 | - | -€203 | |
| Recurring financial income | 75 | €203 | - | -€203 | |
| Financial charges | 65/66B | €2,183 | €1,812 | -€371 | -17.0% |
| Recurring financial charges | 65 | €2,183 | €1,812 | -€371 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,322 | €24,160 | +€27,482 | |
| Income taxes | 67/77 | - | €4,784 | +€4,784 | |
| Profit (loss) for the period | 9904 | -€3,322 | €19,376 | +€22,698 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,322 | €19,376 | +€22,698 |
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 19 October 2026 via checked.be.