HBM FOOD: 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.
HBM FOOD
Largest movements
- Tangible fixed assets +€52,123
up €52,123 (+6,811%), from €765 to €52,888
of which Furniture and vehicles: +€50,746
- Receivables within one year +€16,754
up €16,754 (+174%), from €9,653 to €26,407
of which Trade receivables: +€25,220
- Cash +€9,792
up €9,792 (+483%), from €2,027 to €11,819
mainly Net result for the year (+€45,602) and Trade debts (+€20,000)
- Stocks and contracts -€7,750
no longer reported in 2025 (was €7,750)
- Profit (loss) carried forward +€45,602
up €45,602 (+394%), from €11,572 to €57,174
- Trade debts +€20,000
new in 2025: €20,000
- Other debts +€4,505
new in 2025: €4,505
- Gross operating margin +€38,876
up €38,876 (+254%), from €15,291 to €54,167
- Depreciation +€3,996
up €3,996 (+1,044%), from €383 to €4,379
- Financial charges +€669
new in 2025: €669
- Financial income -€568
no longer reported in 2025 (was €568)
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 | €20,196 | €91,115 | +€70,919 | +351% |
| Fixed assets | 21/28 | €765 | €52,888 | +€52,123 | +6,811% |
| Tangible fixed assets | 22/27 | €765 | €52,888 | +€52,123 | +6,811% |
| Plant, machinery and equipment | 23 | - | €1,378 | +€1,378 | |
| Furniture and vehicles | 24 | €765 | €51,511 | +€50,746 | +6,631% |
| Current assets | 29/58 | €19,430 | €38,226 | +€18,796 | +96.7% |
| Stocks and contracts in progress | 3 | €7,750 | - | -€7,750 | |
| Stocks | 30/36 | €7,750 | - | -€7,750 | |
| Amounts receivable within one year | 40/41 | €9,653 | €26,407 | +€16,754 | +174% |
| Trade receivables | 40 | - | €25,220 | +€25,220 | |
| Other amounts receivable | 41 | €9,653 | €1,187 | -€8,466 | -87.7% |
| Cash at bank and in hand | 54/58 | €2,027 | €11,819 | +€9,792 | +483% |
| Total equity and liabilities | 10/49 | €20,196 | €91,115 | +€70,919 | +351% |
| Equity | 10/15 | €14,572 | €60,174 | +€45,602 | +313% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,572 | €57,174 | +€45,602 | +394% |
| Amounts payable | 17/49 | €5,623 | €30,940 | +€25,317 | +450% |
| Amounts payable within one year | 42/48 | €5,623 | €30,940 | +€25,317 | +450% |
| Trade debts | 44 | - | €20,000 | +€20,000 | |
| Suppliers | 440/4 | - | €20,000 | +€20,000 | |
| Taxes, remuneration and social security | 45 | €5,623 | €6,435 | +€812 | +14.4% |
| Taxes | 450/3 | €5,623 | €6,435 | +€812 | +14.4% |
| Other amounts payable | 47/48 | - | €4,505 | +€4,505 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €383 | €4,379 | +€3,996 | +1,044% |
| Other operating charges | 640/8 | €3,904 | €3,517 | -€387 | -9.9% |
| Gross operating margin | 9900 | €15,291 | €54,167 | +€38,876 | +254% |
| Operating profit (loss) | 9901 | €11,004 | €46,271 | +€35,266 | +320% |
| Financial income | 75/76B | €568 | - | -€568 | |
| Recurring financial income | 75 | €568 | - | -€568 | |
| Financial charges | 65/66B | - | €669 | +€669 | |
| Recurring financial charges | 65 | - | €669 | +€669 | |
| Profit (loss) for the period before taxes | 9903 | €11,572 | €45,602 | +€34,030 | +294% |
| Profit (loss) for the period | 9904 | €11,572 | €45,602 | +€34,030 | +294% |
| Profit (loss) for the period to be appropriated | 9905 | €11,572 | €45,602 | +€34,030 | +294% |
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 17 October 2026 via checked.be.