HCServices: 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.
What changed
HCServices
NACE 81.210, General cleaning of buildings
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€534,286
2024 · €39,861+€494,425
Equity
€1.4m
2024 · €829,182+€534,286
Cash
€474,416
2024 · €704,801-€230,385
Balance sheet total
€5.0m
2024 · €4.2m+€823,486
Largest movements
Assets
- Receivables within one year +€1.0m
up €1.0m (+33.1%), from €3.1m to €4.2m
of which Trade receivables: +€966,957
- Cash -€230,385
down €230,385 (-32.7%), from €704,801 to €474,416
mainly Receivables within one year (-€1.0m) and Tax, wage and social debts (-€281,761)
- Deferred charges and accrued income +€72,222
up €72,222 (+257.1%), from €28,086 to €100,308
- Intangible fixed assets -€61,157
down €61,157 (-30.5%), from €200,804 to €139,648
Equity and liabilities
- Reserves +€565,580
up €565,580 (+94.3%), from €600,000 to €1.2m
of which Distributable reserves: +€565,580
- Tax, wage and social debts -€281,761
down €281,761 (-13.3%), from €2.1m to €1.8m
of which Remuneration and social security: -€331,730
- Other debts +€252,057
up €252,057 (+43.2%), from €583,867 to €835,924
- Trade debts +€249,738
up €249,738 (+128.2%), from €194,822 to €444,560
- Short-term financial debts +€53,973
up €53,973 (+12.2%), from €442,550 to €496,523
of which Other loans: +€92,613
Income statement
- Turnover -€851,076
down €851,076 (-4.7%), from €18.0m to €17.2m
- Staff costs -€437,624
down €437,624 (-2.5%), from €17.4m to €16.9m
- Other operating charges -€194,700
down €194,700 (-94.8%), from €205,425 to €10,725
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.
Result 2024
€39,861
Turnover
-€851,076
Other operating income
+€11,718
Services and other goods
+€71,799
Staff costs
+€437,624
Depreciation
+€61,486
Write-downs
-€85,286
Provisions
-€5,870
Other operating charges
+€194,700
Other operating items
+€661,322
Financial income
+€92,274
Financial charges
-€26,145
Taxes
-€68,120
Result 2025
€534,286
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.
From operations
-€244,316
Investment
-€33,241
Financing
+€47,172
Cash 2024
€704,801
From operations (derived)
-€244,316
Net result for the year
+€534,286
Depreciation
+€88,245
Receivables within one year
-€1.0m
Deferred charges and accrued income
-€72,222
Trade debts
+€249,738
Tax, wage and social debts
-€281,761
Other debts
+€252,057
Accrued charges and deferred income
+€21,992
Investment (derived)
-€33,241
Investment in fixed assets (net)
-€33,281
Current investments
+€39
Financing
+€47,172
Current portion of long-term debt
-€6,800
Short-term financial debts
+€53,973
Cash 2025
€474,416
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,217,567 | €5,041,053 | +€823,486 | +19.5% |
| Fixed assets | 21/28 | €349,930 | €294,966 | -€54,964 | -15.7% |
| Intangible fixed assets | 21 | €200,804 | €139,648 | -€61,157 | -30.5% |
| Tangible fixed assets | 22/27 | €96,162 | €111,200 | +€15,038 | +15.6% |
| Plant, machinery and equipment | 23 | €479 | €130 | -€348 | -72.8% |
| Furniture and vehicles | 24 | €34,500 | €50,595 | +€16,095 | +46.7% |
| Other tangible fixed assets | 26 | €61,184 | €60,475 | -€709 | -1.2% |
| Financial fixed assets | 28 | €52,963 | €44,118 | -€8,845 | -16.7% |
| Other financial fixed assets | 284/8 | €52,963 | €44,118 | -€8,845 | -16.7% |
| Amounts receivable and cash guarantees | 285/8 | €52,963 | €44,118 | -€8,845 | -16.7% |
| Current assets | 29/58 | €3,867,637 | €4,746,087 | +€878,450 | +22.7% |
| Amounts receivable within one year | 40/41 | €3,134,711 | €4,171,362 | +€1.0m | +33.1% |
| Trade receivables | 40 | €196,558 | €1,163,515 | +€966,957 | +491.9% |
| Other amounts receivable | 41 | €2,938,153 | €3,007,847 | +€69,694 | +2.4% |
| Current investments | 50/53 | €39 | - | -€39 | |
| Other investments | 51/53 | €39 | - | -€39 | |
| Cash at bank and in hand | 54/58 | €704,801 | €474,416 | -€230,385 | -32.7% |
| Deferred charges and accrued income | 490/1 | €28,086 | €100,308 | +€72,222 | +257.1% |
| Total equity and liabilities | 10/49 | €4,217,567 | €5,041,053 | +€823,486 | +19.5% |
| Equity | 10/15 | €829,182 | €1,363,468 | +€534,286 | +64.4% |
| Contributions | 10/11 | €174,400 | €174,400 | = | 0.0% |
| Reserves | 13 | €600,000 | €1,165,580 | +€565,580 | +94.3% |
| Non-distributable reserves | 130/1 | €15,580 | €15,580 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,580 | €15,580 | = | 0.0% |
| Distributable reserves | 133 | €584,420 | €1,150,000 | +€565,580 | +96.8% |
| Profit (loss) carried forward | 14 | €54,782 | €23,488 | -€31,294 | -57.1% |
| Provisions and deferred taxes | 16 | €42,130 | €42,130 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €42,130 | €42,130 | = | 0.0% |
| Other liabilities and charges | 164/5 | €42,130 | €42,130 | = | 0.0% |
| Amounts payable | 17/49 | €3,346,256 | €3,635,455 | +€289,199 | +8.6% |
| Amounts payable within one year | 42/48 | €3,346,256 | €3,613,463 | +€267,207 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €6,800 | - | -€6,800 | |
| Financial debts | 43 | €442,550 | €496,523 | +€53,973 | +12.2% |
| Credit institutions | 430/8 | €442,550 | €403,910 | -€38,641 | -8.7% |
| Other loans | 439 | - | €92,613 | +€92,613 | |
| Trade debts | 44 | €194,822 | €444,560 | +€249,738 | +128.2% |
| Suppliers | 440/4 | €194,822 | €444,560 | +€249,738 | +128.2% |
| Taxes, remuneration and social security | 45 | €2,118,216 | €1,836,456 | -€281,761 | -13.3% |
| Taxes | 450/3 | €40,063 | €90,033 | +€49,970 | +124.7% |
| Remuneration and social security | 454/9 | €2,078,153 | €1,746,423 | -€331,730 | -16.0% |
| Other amounts payable | 47/48 | €583,867 | €835,924 | +€252,057 | +43.2% |
| Accrued charges and deferred income | 492/3 | - | €21,992 | +€21,992 | |
| Operating income | 70/76A | €19,351,199 | €19,071,402 | -€279,797 | -1.4% |
| Turnover | 70 | €18,018,307 | €17,167,230 | -€851,076 | -4.7% |
| Other operating income | 74 | €1,321,807 | €1,333,524 | +€11,718 | +0.9% |
| Non-recurring operating income | 76A | €11,086 | €570,648 | +€559,562 | +5047.5% |
| Operating charges | 60/66A | €19,253,374 | €18,477,162 | -€776,212 | -4.0% |
| Services and other goods | 61 | €1,496,737 | €1,424,938 | -€71,799 | -4.8% |
| Remuneration, social security and pensions | 62 | €17,370,990 | €16,933,366 | -€437,624 | -2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €149,730 | €88,245 | -€61,486 | -41.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€82,094 | €3,192 | +€85,286 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€5,870 | - | +€5,870 | |
| Other operating charges | 640/8 | €205,425 | €10,725 | -€194,700 | -94.8% |
| Non-recurring operating charges | 66A | €118,456 | €16,696 | -€101,760 | -85.9% |
| Operating profit (loss) | 9901 | €97,825 | €594,241 | +€496,416 | +507.5% |
| Financial income | 75/76B | - | €92,274 | +€92,274 | |
| Recurring financial income | 75 | - | €92,274 | +€92,274 | |
| Income from current assets | 751 | - | €89,029 | +€89,029 | |
| Other financial income | 752/9 | - | €3,245 | +€3,245 | |
| Financial charges | 65/66B | €56,050 | €82,195 | +€26,145 | +46.6% |
| Recurring financial charges | 65 | €56,050 | €82,195 | +€26,145 | +46.6% |
| Debt charges | 650 | €46,866 | €77,721 | +€30,855 | +65.8% |
| Other financial charges | 652/9 | €9,184 | €4,474 | -€4,710 | -51.3% |
| Profit (loss) for the period before taxes | 9903 | €41,775 | €604,320 | +€562,545 | +1346.6% |
| Income taxes | 67/77 | €1,913 | €70,034 | +€68,120 | +3560.3% |
| Taxes | 670/3 | €1,913 | €70,034 | +€68,120 | +3560.3% |
| Profit (loss) for the period | 9904 | €39,861 | €534,286 | +€494,425 | +1240.4% |
| Profit (loss) for the period to be appropriated | 9905 | €39,861 | €534,286 | +€494,425 | +1240.4% |
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 5 October 2026 via checked.be.