HC Automatisation: 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.
HC Automatisation
Largest movements
- Deferred charges and accrued income +€27,400
up €27,400 (+223,859%), from €12 to €27,413
- Cash -€7,881
down €7,881 (-23.2%), from €33,921 to €26,040
mainly Deferred charges and accrued income (-€27,400) and Trade debts (-€23,127)
- Receivables within one year +€1,708
up €1,708 (+3.4%), from €49,887 to €51,595
of which Other amounts receivable: +€1,156
- Reserves +€33,000
up €33,000 (+176%), from €18,739 to €51,739
- Trade debts -€23,127
down €23,127 (-78.5%), from €29,454 to €6,328
- Short-term financial debts +€15,000
new in 2025: €15,000
- Current portion of long-term debt -€11,382
down €11,382 (-82.1%), from €13,869 to €2,487
- Profit (loss) carried forward +€8,167
up €8,167, from -€7,883 to €284
- Gross operating margin +€44,037
up €44,037 (+162%), from €27,194 to €71,230
- Taxes +€9,294
up €9,294 (+247%), from €3,767 to €13,062
- Other operating charges -€7,267
down €7,267 (-63.8%), from €11,390 to €4,123
- Financial charges +€5,875
up €5,875 (+84.4%), from €6,957 to €12,832
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 | €85,442 | €105,573 | +€20,131 | +23.6% |
| Fixed assets | 21/28 | €646 | €525 | -€121 | -18.7% |
| Tangible fixed assets | 22/27 | €121 | - | -€121 | |
| Furniture and vehicles | 24 | €121 | - | -€121 | |
| Financial fixed assets | 28 | €525 | €525 | = | 0.0% |
| Current assets | 29/58 | €84,796 | €105,048 | +€20,252 | +23.9% |
| Stocks and contracts in progress | 3 | €975 | - | -€975 | |
| Stocks | 30/36 | €975 | - | -€975 | |
| Amounts receivable within one year | 40/41 | €49,887 | €51,595 | +€1,708 | +3.4% |
| Trade receivables | 40 | €49,104 | €49,657 | +€552 | +1.1% |
| Other amounts receivable | 41 | €783 | €1,938 | +€1,156 | +148% |
| Cash at bank and in hand | 54/58 | €33,921 | €26,040 | -€7,881 | -23.2% |
| Deferred charges and accrued income | 490/1 | €12 | €27,413 | +€27,400 | +223,859% |
| Total equity and liabilities | 10/49 | €85,442 | €105,573 | +€20,131 | +23.6% |
| Equity | 10/15 | €18,916 | €60,083 | +€41,167 | +218% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €18,739 | €51,739 | +€33,000 | +176% |
| Distributable reserves | 133 | €18,739 | €51,739 | +€33,000 | +176% |
| Profit (loss) carried forward | 14 | -€7,883 | €284 | +€8,167 | |
| Amounts payable | 17/49 | €66,525 | €45,490 | -€21,035 | -31.6% |
| Amounts payable after more than one year | 17 | €5,949 | €4,179 | -€1,770 | -29.8% |
| Financial debts | 170/4 | €5,949 | €4,179 | -€1,770 | -29.8% |
| Amounts payable within one year | 42/48 | €60,575 | €41,312 | -€19,264 | -31.8% |
| Current portion of amounts payable after more than one year | 42 | €13,869 | €2,487 | -€11,382 | -82.1% |
| Financial debts | 43 | - | €15,000 | +€15,000 | |
| Credit institutions | 430/8 | - | €15,000 | +€15,000 | |
| Trade debts | 44 | €29,454 | €6,328 | -€23,127 | -78.5% |
| Suppliers | 440/4 | €29,454 | €6,328 | -€23,127 | -78.5% |
| Taxes, remuneration and social security | 45 | €14,462 | €6,898 | -€7,563 | -52.3% |
| Taxes | 450/3 | €2,262 | €6,898 | +€4,637 | +205% |
| Remuneration and social security | 454/9 | €12,200 | - | -€12,200 | |
| Other amounts payable | 47/48 | €2,790 | €10,598 | +€7,808 | +280% |
| Accrued charges and deferred income | 492/3 | €1 | - | -€1 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €162 | €121 | -€41 | -25.4% |
| Other operating charges | 640/8 | €11,390 | €4,123 | -€7,267 | -63.8% |
| Gross operating margin | 9900 | €27,194 | €71,230 | +€44,037 | +162% |
| Operating profit (loss) | 9901 | €15,641 | €66,986 | +€51,345 | +328% |
| Financial income | 75/76B | €4 | €73 | +€70 | +1,783% |
| Recurring financial income | 75 | €4 | €73 | +€70 | +1,783% |
| Financial charges | 65/66B | €6,957 | €12,832 | +€5,875 | +84.4% |
| Recurring financial charges | 65 | €6,957 | €12,832 | +€5,875 | +84.4% |
| Profit (loss) for the period before taxes | 9903 | €8,688 | €54,228 | +€45,540 | +524% |
| Income taxes | 67/77 | €3,767 | €13,062 | +€9,294 | +247% |
| Profit (loss) for the period | 9904 | €4,921 | €41,167 | +€36,246 | +737% |
| Profit (loss) for the period to be appropriated | 9905 | €4,921 | €41,167 | +€36,246 | +737% |
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 26 October 2026 via checked.be.