HD pro: 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.
HD pro
Largest movements
- Tangible fixed assets -€2,974
down €2,974 (-62.7%), from €4,740 to €1,766
of which Furniture and vehicles: -€2,446
- Deferred charges and accrued income -€1,657
no longer reported in 2025 (was €1,657)
- Trade debts -€6,234
down €6,234 (-74.5%), from €8,369 to €2,135
- Short-term financial debts +€5,212
new in 2025: €5,212
- Debts after one year -€4,100
no longer reported in 2025 (was €4,100)
- Profit (loss) carried forward +€3,653
up €3,653 (+7.2%), from -€50,489 to -€46,836
- Other debts -€2,328
down €2,328 (-6.9%), from €33,887 to €31,559
- Gross operating margin +€34,007
up €34,007, from -€26,631 to €7,377
- Taxes -€549
no longer reported in 2025 (was €549)
- Financial charges -€440
down €440 (-37.0%), from €1,190 to €750
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,176 | €10,544 | -€4,631 | -30.5% |
| Fixed assets | 21/28 | €4,740 | €1,766 | -€2,974 | -62.7% |
| Tangible fixed assets | 22/27 | €4,740 | €1,766 | -€2,974 | -62.7% |
| Plant, machinery and equipment | 23 | €888 | €360 | -€528 | -59.4% |
| Furniture and vehicles | 24 | €3,852 | €1,406 | -€2,446 | -63.5% |
| Current assets | 29/58 | €10,436 | €8,778 | -€1,657 | -15.9% |
| Amounts receivable within one year | 40/41 | €8,778 | €8,778 | = | 0.0% |
| Trade receivables | 40 | €8,778 | €8,778 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €1,657 | - | -€1,657 | |
| Total equity and liabilities | 10/49 | €15,176 | €10,544 | -€4,631 | -30.5% |
| Equity | 10/15 | -€34,276 | -€30,623 | +€3,653 | +10.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €10,013 | €10,013 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €8,153 | €8,153 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,489 | -€46,836 | +€3,653 | +7.2% |
| Amounts payable | 17/49 | €49,452 | €41,168 | -€8,284 | -16.8% |
| Amounts payable after more than one year | 17 | €4,100 | - | -€4,100 | |
| Financial debts | 170/4 | €4,100 | - | -€4,100 | |
| Amounts payable within one year | 42/48 | €45,352 | €41,168 | -€4,184 | -9.2% |
| Financial debts | 43 | - | €5,212 | +€5,212 | |
| Credit institutions | 430/8 | - | €5,212 | +€5,212 | |
| Trade debts | 44 | €8,369 | €2,135 | -€6,234 | -74.5% |
| Suppliers | 440/4 | €8,369 | €2,135 | -€6,234 | -74.5% |
| Taxes, remuneration and social security | 45 | €3,096 | €2,262 | -€834 | -26.9% |
| Taxes | 450/3 | €3,096 | €2,262 | -€834 | -26.9% |
| Other amounts payable | 47/48 | €33,887 | €31,559 | -€2,328 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,064 | €2,974 | -€90 | -3.0% |
| Other operating charges | 640/8 | €62 | - | -€62 | |
| Gross operating margin | 9900 | -€26,631 | €7,377 | +€34,007 | |
| Operating profit (loss) | 9901 | -€29,757 | €4,403 | +€34,160 | |
| Financial charges | 65/66B | €1,190 | €750 | -€440 | -37.0% |
| Recurring financial charges | 65 | €1,190 | €750 | -€440 | -37.0% |
| Profit (loss) for the period before taxes | 9903 | -€30,947 | €3,653 | +€34,599 | |
| Income taxes | 67/77 | €549 | - | -€549 | |
| Profit (loss) for the period | 9904 | -€31,496 | €3,653 | +€35,148 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,496 | €3,653 | +€35,148 |
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 9 October 2026 via checked.be.