HCCCM: 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.
HCCCM
Largest movements
- Receivables within one year +€29,003
up €29,003 (+414%), from €7,010 to €36,013
of which Other amounts receivable: +€33,121
- Tangible fixed assets +€27,152
up €27,152 (+2,085%), from €1,302 to €28,454
- Cash -€6,172
down €6,172 (-43.2%), from €14,285 to €8,113
mainly Investment in fixed assets (net) (-€34,069) and Receivables within one year (-€29,003)
- Receivables after one year +€6,140
new in 2025: €6,140
- Tax, wage and social debts +€21,368
up €21,368 (+3,074%), from €695 to €22,063
- Other debts +€19,915
up €19,915 (+193%), from €10,331 to €30,246
- Profit (loss) carried forward +€13,539
up €13,539, from -€7,021 to €6,518
- Trade debts +€1,300
new in 2025: €1,300
- Turnover +€37,221
new in 2025: €37,221
- Purchases and services +€11,535
new in 2025: €11,535
- Depreciation +€6,566
up €6,566 (+1,871%), from €351 to €6,917
- Taxes +€4,533
new in 2025: €4,533
- Gross operating margin -€3,405
down €3,405 (-11.7%), from €29,091 to €25,686
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 | €22,597 | €78,719 | +€56,122 | +248% |
| Fixed assets | 21/28 | €1,302 | €28,454 | +€27,152 | +2,085% |
| Tangible fixed assets | 22/27 | €1,302 | €28,454 | +€27,152 | +2,085% |
| Furniture and vehicles | 24 | €1,302 | €28,454 | +€27,152 | +2,085% |
| Current assets | 29/58 | €21,295 | €50,266 | +€28,971 | +136% |
| Amounts receivable after more than one year | 29 | - | €6,140 | +€6,140 | |
| Trade receivables | 290 | - | €6,140 | +€6,140 | |
| Amounts receivable within one year | 40/41 | €7,010 | €36,013 | +€29,003 | +414% |
| Trade receivables | 40 | €4,118 | - | -€4,118 | |
| Other amounts receivable | 41 | €2,892 | €36,013 | +€33,121 | +1,145% |
| Cash at bank and in hand | 54/58 | €14,285 | €8,113 | -€6,172 | -43.2% |
| Total equity and liabilities | 10/49 | €22,597 | €78,719 | +€56,122 | +248% |
| Equity | 10/15 | €11,571 | €25,111 | +€13,540 | +117% |
| Contributions | 10/11 | €18,592 | €18,592 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€7,021 | €6,518 | +€13,539 | |
| Amounts payable | 17/49 | €11,026 | €53,609 | +€42,583 | +386% |
| Amounts payable within one year | 42/48 | €11,026 | €53,609 | +€42,583 | +386% |
| Trade debts | 44 | - | €1,300 | +€1,300 | |
| Suppliers | 440/4 | - | €1,300 | +€1,300 | |
| Taxes, remuneration and social security | 45 | €695 | €22,063 | +€21,368 | +3,074% |
| Taxes | 450/3 | €695 | €22,063 | +€21,368 | +3,074% |
| Other amounts payable | 47/48 | €10,331 | €30,246 | +€19,915 | +193% |
| Turnover | 70 | - | €37,221 | +€37,221 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €11,535 | +€11,535 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €351 | €6,917 | +€6,566 | +1,871% |
| Other operating charges | 640/8 | €549 | €672 | +€123 | +22.5% |
| Gross operating margin | 9900 | €29,091 | €25,686 | -€3,405 | -11.7% |
| Operating profit (loss) | 9901 | €28,191 | €18,097 | -€10,094 | -35.8% |
| Financial income | 75/76B | - | €22 | +€22 | |
| Recurring financial income | 75 | - | €22 | +€22 | |
| Financial charges | 65/66B | €45 | €46 | +€1 | +1.8% |
| Recurring financial charges | 65 | €45 | €46 | +€1 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | €28,146 | €18,073 | -€10,073 | -35.8% |
| Income taxes | 67/77 | - | €4,533 | +€4,533 | |
| Profit (loss) for the period | 9904 | €28,146 | €13,540 | -€14,606 | -51.9% |
| Profit (loss) for the period to be appropriated | 9905 | €28,146 | €13,540 | -€14,606 | -51.9% |
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.