HD Pro Gest: 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.
HD Pro Gest
Largest movements
- Receivables within one year +€25,001
up €25,001 (+80.9%), from €30,903 to €55,905
of which Trade receivables: +€23,547
- Tangible fixed assets -€17,869
down €17,869 (-71.1%), from €25,139 to €7,270
- Cash -€8,233
down €8,233 (-37.7%), from €21,863 to €13,631
mainly Receivables within one year (-€25,001) and Current portion of long-term debt (-€10,010)
- Reserves +€23,642
up €23,642 (+73.3%), from €32,254 to €55,896
- Current portion of long-term debt -€10,010
down €10,010 (-100.0%), from €10,010 to €0
- Debts after one year -€8,662
down €8,662 (-100.0%), from €8,662 to €0
- Tax, wage and social debts -€7,344
down €7,344 (-37.7%), from €19,488 to €12,144
- Trade debts +€1,395
up €1,395 (+74.5%), from €1,872 to €3,267
- Depreciation -€14,421
down €14,421 (-82.9%), from €17,389 to €2,969
- Gross operating margin +€8,411
up €8,411 (+28.0%), from €29,988 to €38,398
- Taxes +€5,961
up €5,961 (+127.2%), from €4,685 to €10,645
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 | €79,595 | €78,958 | -€637 | -0.8% |
| Fixed assets | 21/28 | €25,139 | €7,270 | -€17,869 | -71.1% |
| Tangible fixed assets | 22/27 | €25,139 | €7,270 | -€17,869 | -71.1% |
| Furniture and vehicles | 24 | €25,139 | €7,270 | -€17,869 | -71.1% |
| Current assets | 29/58 | €54,456 | €71,688 | +€17,232 | +31.6% |
| Amounts receivable within one year | 40/41 | €30,903 | €55,905 | +€25,001 | +80.9% |
| Trade receivables | 40 | €30,903 | €54,450 | +€23,547 | +76.2% |
| Other amounts receivable | 41 | - | €1,455 | +€1,455 | |
| Cash at bank and in hand | 54/58 | €21,863 | €13,631 | -€8,233 | -37.7% |
| Deferred charges and accrued income | 490/1 | €1,689 | €2,153 | +€464 | +27.4% |
| Total equity and liabilities | 10/49 | €79,595 | €78,958 | -€637 | -0.8% |
| Equity | 10/15 | €39,313 | €62,955 | +€23,642 | +60.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €32,254 | €55,896 | +€23,642 | +73.3% |
| Distributable reserves | 133 | €32,254 | €55,896 | +€23,642 | +73.3% |
| Profit (loss) carried forward | 14 | €6,559 | €6,559 | = | 0.0% |
| Amounts payable | 17/49 | €40,282 | €16,003 | -€24,279 | -60.3% |
| Amounts payable after more than one year | 17 | €8,662 | €0 | -€8,662 | -100.0% |
| Financial debts | 170/4 | €8,662 | €0 | -€8,662 | -100.0% |
| Amounts payable within one year | 42/48 | €31,620 | €16,003 | -€15,617 | -49.4% |
| Current portion of amounts payable after more than one year | 42 | €10,010 | €0 | -€10,010 | -100.0% |
| Trade debts | 44 | €1,872 | €3,267 | +€1,395 | +74.5% |
| Suppliers | 440/4 | €1,872 | €3,267 | +€1,395 | +74.5% |
| Taxes, remuneration and social security | 45 | €19,488 | €12,144 | -€7,344 | -37.7% |
| Taxes | 450/3 | €19,488 | €12,144 | -€7,344 | -37.7% |
| Other amounts payable | 47/48 | €250 | €592 | +€342 | +136.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,389 | €2,969 | -€14,421 | -82.9% |
| Other operating charges | 640/8 | €422 | €331 | -€91 | -21.7% |
| Gross operating margin | 9900 | €29,988 | €38,398 | +€8,411 | +28.0% |
| Operating profit (loss) | 9901 | €12,177 | €35,099 | +€22,923 | +188.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,123 | €812 | -€311 | -27.7% |
| Recurring financial charges | 65 | €1,123 | €812 | -€311 | -27.7% |
| Profit (loss) for the period before taxes | 9903 | €11,053 | €34,287 | +€23,234 | +210.2% |
| Income taxes | 67/77 | €4,685 | €10,645 | +€5,961 | +127.2% |
| Profit (loss) for the period | 9904 | €6,369 | €23,642 | +€17,273 | +271.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,369 | €23,642 | +€17,273 | +271.2% |
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 2 October 2026 via checked.be.