HCT-SERVICES: 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.
HCT-SERVICES
Largest movements
- Stocks and contracts +€136,253
up €136,253 (+34.9%), from €390,405 to €526,659
- Receivables within one year -€16,550
down €16,550 (-17.2%), from €96,359 to €79,809
of which Trade receivables: -€38,123
- Tangible fixed assets -€13,552
down €13,552 (-3.0%), from €457,327 to €443,774
of which Leasing and similar rights: -€66,824
- Debts after one year +€131,524
up €131,524 (+30.4%), from €432,006 to €563,529
- Trade debts -€57,886
down €57,886 (-85.1%), from €67,989 to €10,103
- Advances received -€37,445
down €37,445 (-59.3%), from €63,192 to €25,747
- Profit (loss) carried forward +€29,759
up €29,759 (+11.8%), from €252,890 to €282,649
- Tax, wage and social debts +€16,272
up €16,272 (+31.3%), from €52,046 to €68,318
of which Remuneration and social security: +€9,347
- Staff costs +€55,604
up €55,604 (+98.5%), from €56,454 to €112,058
- Gross operating margin +€30,357
up €30,357 (+12.0%), from €252,324 to €282,681
- Taxes -€10,049
down €10,049 (-28.2%), from €35,672 to €25,623
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 | €999,226 | €1,107,608 | +€108,382 | +10.8% |
| Fixed assets | 21/28 | €460,679 | €446,887 | -€13,793 | -3.0% |
| Intangible fixed assets | 21 | €477 | €237 | -€240 | -50.3% |
| Tangible fixed assets | 22/27 | €457,327 | €443,774 | -€13,552 | -3.0% |
| Land and buildings | 22 | €366,194 | €420,339 | +€54,145 | +14.8% |
| Plant, machinery and equipment | 23 | €20,804 | €16,093 | -€4,711 | -22.6% |
| Furniture and vehicles | 24 | €3,505 | €7,343 | +€3,838 | +110% |
| Leasing and similar rights | 25 | €66,824 | €0 | -€66,824 | -100% |
| Financial fixed assets | 28 | €2,875 | €2,875 | = | 0.0% |
| Current assets | 29/58 | €538,547 | €660,721 | +€122,174 | +22.7% |
| Stocks and contracts in progress | 3 | €390,405 | €526,659 | +€136,253 | +34.9% |
| Stocks | 30/36 | €390,405 | €526,659 | +€136,253 | +34.9% |
| Amounts receivable within one year | 40/41 | €96,359 | €79,809 | -€16,550 | -17.2% |
| Trade receivables | 40 | €90,835 | €52,712 | -€38,123 | -42.0% |
| Other amounts receivable | 41 | €5,524 | €27,097 | +€21,573 | +391% |
| Cash at bank and in hand | 54/58 | €39,344 | €42,639 | +€3,294 | +8.4% |
| Deferred charges and accrued income | 490/1 | €12,439 | €11,615 | -€824 | -6.6% |
| Total equity and liabilities | 10/49 | €999,226 | €1,107,608 | +€108,382 | +10.8% |
| Equity | 10/15 | €272,890 | €302,649 | +€29,759 | +10.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €252,890 | €282,649 | +€29,759 | +11.8% |
| Amounts payable | 17/49 | €726,335 | €804,958 | +€78,623 | +10.8% |
| Amounts payable after more than one year | 17 | €432,006 | €563,529 | +€131,524 | +30.4% |
| Financial debts | 170/4 | €432,006 | €563,529 | +€131,524 | +30.4% |
| Amounts payable within one year | 42/48 | €292,827 | €234,349 | -€58,478 | -20.0% |
| Current portion of amounts payable after more than one year | 42 | €89,600 | €95,181 | +€5,581 | +6.2% |
| Trade debts | 44 | €67,989 | €10,103 | -€57,886 | -85.1% |
| Suppliers | 440/4 | €67,989 | €10,103 | -€57,886 | -85.1% |
| Advances received on contracts in progress | 46 | €63,192 | €25,747 | -€37,445 | -59.3% |
| Taxes, remuneration and social security | 45 | €52,046 | €68,318 | +€16,272 | +31.3% |
| Taxes | 450/3 | €41,290 | €48,215 | +€6,925 | +16.8% |
| Remuneration and social security | 454/9 | €10,756 | €20,103 | +€9,347 | +86.9% |
| Other amounts payable | 47/48 | €20,000 | €35,000 | +€15,000 | +75.0% |
| Accrued charges and deferred income | 492/3 | €1,503 | €7,080 | +€5,577 | +371% |
| Remuneration, social security and pensions | 62 | €56,454 | €112,058 | +€55,604 | +98.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,481 | €37,556 | -€1,925 | -4.9% |
| Other operating charges | 640/8 | €2,489 | €2,799 | +€309 | +12.4% |
| Non-recurring operating charges | 66A | €6,415 | €20,270 | +€13,856 | +216% |
| Gross operating margin | 9900 | €252,324 | €282,681 | +€30,357 | +12.0% |
| Operating profit (loss) | 9901 | €147,484 | €109,998 | -€37,486 | -25.4% |
| Financial income | 75/76B | €1,864 | €961 | -€903 | -48.5% |
| Recurring financial income | 75 | €1,864 | €961 | -€903 | -48.5% |
| Financial charges | 65/66B | €18,725 | €20,576 | +€1,851 | +9.9% |
| Recurring financial charges | 65 | €18,725 | €20,576 | +€1,851 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €130,623 | €90,382 | -€40,241 | -30.8% |
| Income taxes | 67/77 | €35,672 | €25,623 | -€10,049 | -28.2% |
| Profit (loss) for the period | 9904 | €94,951 | €64,759 | -€30,192 | -31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €94,951 | €64,759 | -€30,192 | -31.8% |
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 14 October 2026 via checked.be.