HC & L Solutions: 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 & L Solutions
Largest movements
- Cash -€6,817
down €6,817 (-47.5%), from €14,360 to €7,543
mainly Net result for the year (-€7,930) and Receivables within one year (-€1,072)
- Tangible fixed assets -€1,597
down €1,597 (-44.0%), from €3,629 to €2,032
- Receivables within one year +€1,072
up €1,072 (+120%), from €896 to €1,968
- Profit (loss) carried forward -€7,930
down €7,930 (-30.0%), from -€26,449 to -€34,379
- Trade debts +€1,167
new in 2025: €1,167
- Tax, wage and social debts -€552
down €552 (-94.8%), from €582 to €30
- Gross operating margin -€7,912
down €7,912, from €2,506 to -€5,406
- Financial income -€602
down €602 (-92.0%), from €654 to €52
- Financial charges -€572
down €572 (-100%), from €572 to €0
- Depreciation -€282
down €282 (-15.0%), from €1,879 to €1,597
- Other operating charges -€207
down €207 (-20.1%), from €1,031 to €824
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 | €19,472 | €12,157 | -€7,315 | -37.6% |
| Fixed assets | 21/28 | €3,629 | €2,032 | -€1,597 | -44.0% |
| Tangible fixed assets | 22/27 | €3,629 | €2,032 | -€1,597 | -44.0% |
| Furniture and vehicles | 24 | €3,629 | €2,032 | -€1,597 | -44.0% |
| Current assets | 29/58 | €15,843 | €10,125 | -€5,718 | -36.1% |
| Amounts receivable within one year | 40/41 | €896 | €1,968 | +€1,072 | +120% |
| Other amounts receivable | 41 | €896 | €1,968 | +€1,072 | +120% |
| Cash at bank and in hand | 54/58 | €14,360 | €7,543 | -€6,817 | -47.5% |
| Deferred charges and accrued income | 490/1 | €587 | €614 | +€27 | +4.6% |
| Total equity and liabilities | 10/49 | €19,472 | €12,157 | -€7,315 | -37.6% |
| Equity | 10/15 | -€6,810 | -€14,740 | -€7,930 | -116% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,039 | €1,039 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,039 | €1,039 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,039 | €1,039 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,449 | -€34,379 | -€7,930 | -30.0% |
| Amounts payable | 17/49 | €26,282 | €26,897 | +€615 | +2.3% |
| Amounts payable after more than one year | 17 | €25,700 | €25,700 | = | 0.0% |
| Financial debts | 170/4 | €25,700 | €25,700 | = | 0.0% |
| Amounts payable within one year | 42/48 | €582 | €1,197 | +€615 | +106% |
| Trade debts | 44 | - | €1,167 | +€1,167 | |
| Suppliers | 440/4 | - | €1,167 | +€1,167 | |
| Taxes, remuneration and social security | 45 | €582 | €30 | -€552 | -94.8% |
| Taxes | 450/3 | €582 | €30 | -€552 | -94.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,879 | €1,597 | -€282 | -15.0% |
| Other operating charges | 640/8 | €1,031 | €824 | -€207 | -20.1% |
| Non-recurring operating charges | 66A | €37,050 | €155 | -€36,895 | -99.6% |
| Gross operating margin | 9900 | €2,506 | -€5,406 | -€7,912 | |
| Operating profit (loss) | 9901 | -€37,454 | -€7,982 | +€29,472 | +78.7% |
| Financial income | 75/76B | €654 | €52 | -€602 | -92.0% |
| Recurring financial income | 75 | €654 | €52 | -€602 | -92.0% |
| Financial charges | 65/66B | €572 | €0 | -€572 | -100% |
| Recurring financial charges | 65 | €572 | €0 | -€572 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€37,372 | -€7,930 | +€29,442 | +78.8% |
| Income taxes | 67/77 | €174 | €0 | -€174 | -100% |
| Profit (loss) for the period | 9904 | -€37,546 | -€7,930 | +€29,616 | +78.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,546 | -€7,930 | +€29,616 | +78.9% |
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 22 October 2026 via checked.be.