HB TRANSPORT: 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 TRANSPORT
Largest movements
- Receivables within one year -€29,814
down €29,814 (-31.7%), from €94,028 to €64,214
of which Trade receivables: -€34,858
- Cash +€15,355
up €15,355 (+45.8%), from €33,542 to €48,897
mainly Tax, wage and social debts (+€53,854) and Receivables within one year (+€29,814)
- Tangible fixed assets -€9,395
down €9,395 (-60.7%), from €15,471 to €6,077
of which Furniture and vehicles: -€8,988
- Tax, wage and social debts +€53,854
up €53,854 (+187%), from €28,863 to €82,717
of which Taxes: +€53,673
- Profit (loss) carried forward -€39,043
down €39,043 (-60.5%), from €64,480 to €25,438
- Advances received -€33,901
down €33,901 (-100%), from €33,901 to €0
- Trade debts -€6,120
down €6,120 (-38.0%), from €16,103 to €9,984
- Other operating charges +€39,641
up €39,641 (+339%), from €11,707 to €51,348
- Gross operating margin -€30,788
down €30,788 (-34.5%), from €89,244 to €58,456
- Taxes -€7,589
down €7,589 (-91.5%), from €8,295 to €707
- Staff costs -€4,545
down €4,545 (-12.7%), from €35,751 to €31,206
- Financial charges +€2,350
up €2,350 (+94.3%), from €2,493 to €4,844
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 | €145,847 | €120,638 | -€25,209 | -17.3% |
| Fixed assets | 21/28 | €15,471 | €6,077 | -€9,395 | -60.7% |
| Tangible fixed assets | 22/27 | €15,471 | €6,077 | -€9,395 | -60.7% |
| Plant, machinery and equipment | 23 | €407 | €0 | -€407 | -100% |
| Furniture and vehicles | 24 | €15,064 | €6,077 | -€8,988 | -59.7% |
| Current assets | 29/58 | €130,375 | €114,561 | -€15,814 | -12.1% |
| Amounts receivable within one year | 40/41 | €94,028 | €64,214 | -€29,814 | -31.7% |
| Trade receivables | 40 | €58,364 | €23,506 | -€34,858 | -59.7% |
| Other amounts receivable | 41 | €35,664 | €40,708 | +€5,043 | +14.1% |
| Cash at bank and in hand | 54/58 | €33,542 | €48,897 | +€15,355 | +45.8% |
| Deferred charges and accrued income | 490/1 | €2,805 | €1,450 | -€1,355 | -48.3% |
| Total equity and liabilities | 10/49 | €145,847 | €120,638 | -€25,209 | -17.3% |
| Equity | 10/15 | €66,980 | €27,938 | -€39,043 | -58.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,480 | €25,438 | -€39,043 | -60.5% |
| Amounts payable | 17/49 | €78,867 | €92,700 | +€13,834 | +17.5% |
| Amounts payable within one year | 42/48 | €78,867 | €92,700 | +€13,834 | +17.5% |
| Trade debts | 44 | €16,103 | €9,984 | -€6,120 | -38.0% |
| Suppliers | 440/4 | €16,103 | €9,984 | -€6,120 | -38.0% |
| Advances received on contracts in progress | 46 | €33,901 | €0 | -€33,901 | -100% |
| Taxes, remuneration and social security | 45 | €28,863 | €82,717 | +€53,854 | +187% |
| Taxes | 450/3 | €24,482 | €78,155 | +€53,673 | +219% |
| Remuneration and social security | 454/9 | €4,381 | €4,562 | +€181 | +4.1% |
| Remuneration, social security and pensions | 62 | €35,751 | €31,206 | -€4,545 | -12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,972 | €9,395 | +€423 | +4.7% |
| Other operating charges | 640/8 | €11,707 | €51,348 | +€39,641 | +339% |
| Gross operating margin | 9900 | €89,244 | €58,456 | -€30,788 | -34.5% |
| Operating profit (loss) | 9901 | €32,814 | -€33,492 | -€66,307 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €2,493 | €4,844 | +€2,350 | +94.3% |
| Recurring financial charges | 65 | €2,493 | €4,844 | +€2,350 | +94.3% |
| Profit (loss) for the period before taxes | 9903 | €30,321 | -€38,336 | -€68,657 | |
| Income taxes | 67/77 | €8,295 | €707 | -€7,589 | -91.5% |
| Profit (loss) for the period | 9904 | €22,026 | -€39,043 | -€61,068 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,026 | -€39,043 | -€61,068 |
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 25 October 2026 via checked.be.