HBarSoft: what changed
Two fiscal 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.
HBarSoft
Largest movements
- Cash -€112,660
down €112,660 (-88.1%), from €127,923 to €15,263
mainly Contributions, distributions and other (-€138,361) and Current investments (-€59,809)
- Current investments +€59,809
up €59,809 (+215.3%), from €27,784 to €87,593
- Receivables within one year +€39,751
up €39,751 (+59.5%), from €66,858 to €106,609
of which Trade receivables: +€57,202
- Tangible fixed assets -€3,729
down €3,729 (-50.9%), from €7,321 to €3,592
- Other debts +€74,919
new in 2025: €74,919
- Profit (loss) carried forward -€74,638
down €74,638 (-100.0%), from €74,638 to €0
- Tax, wage and social debts -€19,483
down €19,483 (-38.6%), from €50,448 to €30,965
of which Taxes: -€19,483
- Trade debts +€4,846
new in 2025: €4,846
- Financial income -€19,947
down €19,947 (-57.4%), from €34,769 to €14,822
- Financial charges -€14,879
down €14,879 (-56.6%), from €26,295 to €11,416
- Gross operating margin -€12,142
down €12,142 (-12.9%), from €94,287 to €82,145
- Depreciation -€3,798
down €3,798 (-50.5%), from €7,527 to €3,729
- Taxes -€2,927
down €2,927 (-14.9%), from €19,648 to €16,721
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.
Cash bridge derived
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 | €229,936 | €214,441 | -€15,495 | -6.7% |
| Fixed assets | 21/28 | €7,321 | €3,592 | -€3,729 | -50.9% |
| Tangible fixed assets | 22/27 | €7,321 | €3,592 | -€3,729 | -50.9% |
| Furniture and vehicles | 24 | €7,321 | €3,592 | -€3,729 | -50.9% |
| Current assets | 29/58 | €222,615 | €210,849 | -€11,766 | -5.3% |
| Amounts receivable within one year | 40/41 | €66,858 | €106,609 | +€39,751 | +59.5% |
| Trade receivables | 40 | €18,266 | €75,468 | +€57,202 | +313.2% |
| Other amounts receivable | 41 | €48,592 | €31,141 | -€17,451 | -35.9% |
| Current investments | 50/53 | €27,784 | €87,593 | +€59,809 | +215.3% |
| Cash at bank and in hand | 54/58 | €127,923 | €15,263 | -€112,660 | -88.1% |
| Deferred charges and accrued income | 490/1 | €50 | €1,384 | +€1,334 | +2642.2% |
| Total equity and liabilities | 10/49 | €229,936 | €214,441 | -€15,495 | -6.7% |
| Equity | 10/15 | €178,342 | €103,705 | -€74,638 | -41.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €103,605 | €103,605 | = | 0.0% |
| Distributable reserves | 133 | €103,605 | €103,605 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,638 | €0 | -€74,638 | -100.0% |
| Amounts payable | 17/49 | €51,593 | €110,736 | +€59,143 | +114.6% |
| Amounts payable within one year | 42/48 | €50,448 | €110,730 | +€60,282 | +119.5% |
| Trade debts | 44 | - | €4,846 | +€4,846 | |
| Suppliers | 440/4 | - | €4,846 | +€4,846 | |
| Taxes, remuneration and social security | 45 | €50,448 | €30,965 | -€19,483 | -38.6% |
| Taxes | 450/3 | €47,262 | €27,779 | -€19,483 | -41.2% |
| Remuneration and social security | 454/9 | €3,186 | €3,186 | = | 0.0% |
| Other amounts payable | 47/48 | - | €74,919 | +€74,919 | |
| Accrued charges and deferred income | 492/3 | €1,145 | €6 | -€1,140 | -99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,527 | €3,729 | -€3,798 | -50.5% |
| Other operating charges | 640/8 | €949 | €1,378 | +€429 | +45.2% |
| Gross operating margin | 9900 | €94,287 | €82,145 | -€12,142 | -12.9% |
| Operating profit (loss) | 9901 | €85,811 | €77,038 | -€8,773 | -10.2% |
| Financial income | 75/76B | €34,769 | €14,822 | -€19,947 | -57.4% |
| Recurring financial income | 75 | €34,769 | €14,822 | -€19,947 | -57.4% |
| Financial charges | 65/66B | €26,295 | €11,416 | -€14,879 | -56.6% |
| Recurring financial charges | 65 | €26,295 | €11,416 | -€14,879 | -56.6% |
| Profit (loss) for the period before taxes | 9903 | €94,285 | €80,444 | -€13,841 | -14.7% |
| Income taxes | 67/77 | €19,648 | €16,721 | -€2,927 | -14.9% |
| Profit (loss) for the period | 9904 | €74,638 | €63,723 | -€10,914 | -14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €74,638 | €63,723 | -€10,914 | -14.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.