HBM SERVICES: 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.
HBM SERVICES
Largest movements
- Tangible fixed assets -€34,176
down €34,176 (-47.8%), from €71,527 to €37,352
of which Furniture and vehicles: -€29,069
- Receivables within one year -€6,429
no longer reported in 2025 (was €6,429)
- Cash +€3,891
up €3,891 (+128.2%), from €3,034 to €6,925
mainly Depreciation (+€17,842) and Investment in fixed assets (net) (+€16,333)
- Accrued charges and deferred income -€20,533
no longer reported in 2025 (was €20,533)
- Profit (loss) carried forward -€17,088
down €17,088 (-72.3%), from €23,625 to €6,537
- Tax, wage and social debts -€5,873
down €5,873 (-55.0%), from €10,685 to €4,812
- Other debts +€4,270
up €4,270 (+17.0%), from €25,107 to €29,378
- Trade debts +€2,511
up €2,511 (+6336.4%), from €40 to €2,551
- Gross operating margin -€18,352
down €18,352 (-79.8%), from €22,999 to €4,648
- Depreciation +€6,566
up €6,566 (+58.2%), from €11,276 to €17,842
- Taxes -€2,090
down €2,090 (-89.1%), from €2,347 to €257
- Other operating charges +€1,587
up €1,587 (+229.5%), from €692 to €2,279
- Financial charges -€368
down €368, from €353 to -€14
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 | €80,990 | €44,277 | -€36,713 | -45.3% |
| Fixed assets | 21/28 | €71,527 | €37,352 | -€34,176 | -47.8% |
| Tangible fixed assets | 22/27 | €71,527 | €37,352 | -€34,176 | -47.8% |
| Land and buildings | 22 | €14,294 | €10,662 | -€3,632 | -25.4% |
| Plant, machinery and equipment | 23 | €2,982 | €1,507 | -€1,474 | -49.4% |
| Furniture and vehicles | 24 | €54,251 | €25,182 | -€29,069 | -53.6% |
| Current assets | 29/58 | €9,463 | €6,925 | -€2,538 | -26.8% |
| Amounts receivable within one year | 40/41 | €6,429 | - | -€6,429 | |
| Trade receivables | 40 | €6,429 | - | -€6,429 | |
| Cash at bank and in hand | 54/58 | €3,034 | €6,925 | +€3,891 | +128.2% |
| Total equity and liabilities | 10/49 | €80,990 | €44,277 | -€36,713 | -45.3% |
| Equity | 10/15 | €24,625 | €7,537 | -€17,088 | -69.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,625 | €6,537 | -€17,088 | -72.3% |
| Amounts payable | 17/49 | €56,365 | €36,740 | -€19,625 | -34.8% |
| Amounts payable within one year | 42/48 | €35,832 | €36,740 | +€908 | +2.5% |
| Trade debts | 44 | €40 | €2,551 | +€2,511 | +6336.4% |
| Suppliers | 440/4 | €40 | €2,551 | +€2,511 | +6336.4% |
| Taxes, remuneration and social security | 45 | €10,685 | €4,812 | -€5,873 | -55.0% |
| Taxes | 450/3 | €10,685 | €4,812 | -€5,873 | -55.0% |
| Other amounts payable | 47/48 | €25,107 | €29,378 | +€4,270 | +17.0% |
| Accrued charges and deferred income | 492/3 | €20,533 | - | -€20,533 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,276 | €17,842 | +€6,566 | +58.2% |
| Other operating charges | 640/8 | €692 | €2,279 | +€1,587 | +229.5% |
| Non-recurring operating charges | 66A | - | €1,402 | +€1,402 | |
| Gross operating margin | 9900 | €22,999 | €4,648 | -€18,352 | -79.8% |
| Operating profit (loss) | 9901 | €11,032 | -€16,876 | -€27,908 | |
| Financial income | 75/76B | - | €30 | +€30 | |
| Recurring financial income | 75 | - | €30 | +€30 | |
| Financial charges | 65/66B | €353 | -€14 | -€368 | |
| Recurring financial charges | 65 | €353 | -€14 | -€368 | |
| Profit (loss) for the period before taxes | 9903 | €10,678 | -€16,831 | -€27,510 | |
| Income taxes | 67/77 | €2,347 | €257 | -€2,090 | -89.1% |
| Profit (loss) for the period | 9904 | €8,332 | -€17,088 | -€25,420 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,332 | -€17,088 | -€25,420 |
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 29 September 2026 via checked.be.