HBZ Engineering: 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.
HBZ Engineering
Largest movements
- Cash +€11,667
up €11,667 (+25.2%), from €46,265 to €57,932
mainly Net result for the year (+€10,506) and Tax, wage and social debts (+€4,760)
- Receivables within one year +€5,421
up €5,421 (+28.0%), from €19,384 to €24,805
- Profit (loss) carried forward +€10,506
up €10,506 (+23.2%), from €45,196 to €55,702
- Tax, wage and social debts +€4,760
up €4,760 (+27.5%), from €17,281 to €22,040
- Other debts +€1,597
up €1,597 (+187.6%), from €851 to €2,449
- Gross operating margin -€41,425
down €41,425 (-71.0%), from €58,334 to €16,909
- Taxes -€8,013
down €8,013 (-65.8%), from €12,185 to €4,171
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 | €66,828 | €83,915 | +€17,088 | +25.6% |
| Fixed assets | 21/28 | €118 | €118 | = | 0.0% |
| Financial fixed assets | 28 | €118 | €118 | = | 0.0% |
| Current assets | 29/58 | €66,710 | €83,798 | +€17,088 | +25.6% |
| Amounts receivable within one year | 40/41 | €19,384 | €24,805 | +€5,421 | +28.0% |
| Trade receivables | 40 | €19,384 | €24,805 | +€5,421 | +28.0% |
| Cash at bank and in hand | 54/58 | €46,265 | €57,932 | +€11,667 | +25.2% |
| Deferred charges and accrued income | 490/1 | €1,061 | €1,061 | +€0 | 0.0% |
| Total equity and liabilities | 10/49 | €66,828 | €83,915 | +€17,088 | +25.6% |
| Equity | 10/15 | €48,196 | €58,702 | +€10,506 | +21.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,196 | €55,702 | +€10,506 | +23.2% |
| Amounts payable | 17/49 | €18,632 | €25,213 | +€6,581 | +35.3% |
| Amounts payable within one year | 42/48 | €18,632 | €25,213 | +€6,581 | +35.3% |
| Trade debts | 44 | €500 | €724 | +€224 | +44.9% |
| Suppliers | 440/4 | €500 | €724 | +€224 | +44.9% |
| Taxes, remuneration and social security | 45 | €17,281 | €22,040 | +€4,760 | +27.5% |
| Taxes | 450/3 | €17,281 | €22,040 | +€4,760 | +27.5% |
| Other amounts payable | 47/48 | €851 | €2,449 | +€1,597 | +187.6% |
| Other operating charges | 640/8 | €150 | €162 | +€12 | +8.1% |
| Gross operating margin | 9900 | €58,334 | €16,909 | -€41,425 | -71.0% |
| Operating profit (loss) | 9901 | €58,184 | €16,746 | -€41,437 | -71.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,461 | €2,069 | -€392 | -15.9% |
| Recurring financial charges | 65 | €2,461 | €2,069 | -€392 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €55,723 | €14,677 | -€41,045 | -73.7% |
| Income taxes | 67/77 | €12,185 | €4,171 | -€8,013 | -65.8% |
| Profit (loss) for the period | 9904 | €43,538 | €10,506 | -€33,032 | -75.9% |
| Profit (loss) for the period to be appropriated | 9905 | €43,538 | €10,506 | -€33,032 | -75.9% |
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.