HCE Solutions: 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.
HCE Solutions
Largest movements
- Receivables within one year +€22,054
up €22,054 (+114.5%), from €19,261 to €41,315
of which Trade receivables: +€18,194
- Cash -€20,166
down €20,166 (-92.8%), from €21,740 to €1,574
mainly Receivables within one year (-€22,054) and Other debts (-€8,819)
- Financial fixed assets +€1,800
new in 2025: €1,800
- Tangible fixed assets -€1,388
down €1,388 (-31.1%), from €4,456 to €3,068
of which Plant, machinery and equipment: -€877
- Other debts -€8,819
down €8,819 (-75.7%), from €11,648 to €2,828
- Trade debts +€7,993
up €7,993 (+16335.3%), from €49 to €8,042
- Reserves +€5,484
up €5,484 (+22.6%), from €24,247 to €29,730
- Tax, wage and social debts -€1,777
down €1,777 (-22.5%), from €7,913 to €6,136
of which Remuneration and social security: -€1,700
- Accrued charges and deferred income -€580
down €580 (-38.7%), from €1,500 to €920
- Gross operating margin -€12,734
down €12,734 (-43.5%), from €29,270 to €16,537
- Taxes -€2,999
down €2,999 (-65.7%), from €4,568 to €1,569
- Other operating charges +€2,182
up €2,182 (+175.7%), from €1,242 to €3,423
- Staff costs -€1,371
down €1,371 (-27.4%), from €5,000 to €3,629
- Financial charges +€987
up €987 (+1729.6%), from €57 to €1,044
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 | €45,457 | €47,757 | +€2,300 | +5.1% |
| Fixed assets | 21/28 | €4,456 | €4,868 | +€412 | +9.2% |
| Tangible fixed assets | 22/27 | €4,456 | €3,068 | -€1,388 | -31.1% |
| Plant, machinery and equipment | 23 | €2,427 | €1,550 | -€877 | -36.1% |
| Leasing and similar rights | 25 | €2,029 | €1,518 | -€511 | -25.2% |
| Financial fixed assets | 28 | - | €1,800 | +€1,800 | |
| Current assets | 29/58 | €41,001 | €42,889 | +€1,888 | +4.6% |
| Amounts receivable within one year | 40/41 | €19,261 | €41,315 | +€22,054 | +114.5% |
| Trade receivables | 40 | €18,146 | €36,340 | +€18,194 | +100.3% |
| Other amounts receivable | 41 | €1,115 | €4,975 | +€3,860 | +346.3% |
| Cash at bank and in hand | 54/58 | €21,740 | €1,574 | -€20,166 | -92.8% |
| Total equity and liabilities | 10/49 | €45,457 | €47,757 | +€2,300 | +5.1% |
| Equity | 10/15 | €24,347 | €29,830 | +€5,484 | +22.5% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €24,247 | €29,730 | +€5,484 | +22.6% |
| Distributable reserves | 133 | €24,247 | €29,730 | +€5,484 | +22.6% |
| Amounts payable | 17/49 | €21,110 | €17,927 | -€3,183 | -15.1% |
| Amounts payable within one year | 42/48 | €19,610 | €17,007 | -€2,603 | -13.3% |
| Trade debts | 44 | €49 | €8,042 | +€7,993 | +16335.3% |
| Suppliers | 440/4 | €49 | €8,042 | +€7,993 | +16335.3% |
| Taxes, remuneration and social security | 45 | €7,913 | €6,136 | -€1,777 | -22.5% |
| Taxes | 450/3 | €6,213 | €6,136 | -€77 | -1.2% |
| Remuneration and social security | 454/9 | €1,700 | - | -€1,700 | |
| Other amounts payable | 47/48 | €11,648 | €2,828 | -€8,819 | -75.7% |
| Accrued charges and deferred income | 492/3 | €1,500 | €920 | -€580 | -38.7% |
| Remuneration, social security and pensions | 62 | €5,000 | €3,629 | -€1,371 | -27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €715 | €1,388 | +€673 | +94.2% |
| Other operating charges | 640/8 | €1,242 | €3,423 | +€2,182 | +175.7% |
| Gross operating margin | 9900 | €29,270 | €16,537 | -€12,734 | -43.5% |
| Operating profit (loss) | 9901 | €22,314 | €8,096 | -€14,217 | -63.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €57 | €1,044 | +€987 | +1729.6% |
| Recurring financial charges | 65 | €57 | €1,044 | +€987 | +1729.6% |
| Profit (loss) for the period before taxes | 9903 | €22,257 | €7,052 | -€15,205 | -68.3% |
| Income taxes | 67/77 | €4,568 | €1,569 | -€2,999 | -65.7% |
| Profit (loss) for the period | 9904 | €17,689 | €5,484 | -€12,205 | -69.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,689 | €5,484 | -€12,205 | -69.0% |
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 7 October 2026 via checked.be.