HD TECHNIEK: 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 TECHNIEK
Largest movements
- Tangible fixed assets -€10,098
down €10,098 (-25.1%), from €40,308 to €30,210
of which Leasing and similar rights: -€6,281
- Receivables within one year +€6,168
up €6,168 (+72.5%), from €8,505 to €14,673
of which Trade receivables: +€6,167
- Cash -€3,111
no longer reported in 2025 (was €3,111)
mainly Net result for the year (-€15,093) and Receivables within one year (-€6,168)
- Profit (loss) carried forward -€15,093
down €15,093, from €1,852 to -€13,241
- Other debts +€13,868
up €13,868 (+2,740%), from €506 to €14,374
- Debts after one year -€5,729
down €5,729 (-27.5%), from €20,813 to €15,084
- Trade debts -€2,562
down €2,562 (-81.8%), from €3,134 to €571
- Short-term financial debts +€2,022
new in 2025: €2,022
- Gross operating margin -€58,574
down €58,574 (-78.2%), from €74,903 to €16,329
- Staff costs -€43,107
down €43,107 (-69.5%), from €62,042 to €18,934
- Depreciation +€3,738
up €3,738 (+58.8%), from €6,360 to €10,098
- Other operating charges -€1,502
down €1,502 (-72.2%), from €2,079 to €577
- Taxes -€1,171
no longer reported in 2025 (was €1,171)
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 | €52,190 | €44,883 | -€7,307 | -14.0% |
| Fixed assets | 21/28 | €40,308 | €30,210 | -€10,098 | -25.1% |
| Tangible fixed assets | 22/27 | €40,308 | €30,210 | -€10,098 | -25.1% |
| Plant, machinery and equipment | 23 | €8,197 | €5,117 | -€3,080 | -37.6% |
| Furniture and vehicles | 24 | €1,645 | €908 | -€737 | -44.8% |
| Leasing and similar rights | 25 | €30,466 | €24,185 | -€6,281 | -20.6% |
| Current assets | 29/58 | €11,882 | €14,673 | +€2,791 | +23.5% |
| Amounts receivable within one year | 40/41 | €8,505 | €14,673 | +€6,168 | +72.5% |
| Trade receivables | 40 | €6,931 | €13,098 | +€6,167 | +89.0% |
| Other amounts receivable | 41 | €1,574 | €1,575 | +€1 | +0.1% |
| Cash at bank and in hand | 54/58 | €3,111 | - | -€3,111 | |
| Deferred charges and accrued income | 490/1 | €265 | - | -€265 | |
| Total equity and liabilities | 10/49 | €52,190 | €44,883 | -€7,307 | -14.0% |
| Equity | 10/15 | €11,852 | -€3,241 | -€15,093 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,852 | -€13,241 | -€15,093 | |
| Amounts payable | 17/49 | €40,338 | €48,124 | +€7,786 | +19.3% |
| Amounts payable after more than one year | 17 | €20,813 | €15,084 | -€5,729 | -27.5% |
| Financial debts | 170/4 | €20,813 | €15,084 | -€5,729 | -27.5% |
| Amounts payable within one year | 42/48 | €19,525 | €33,040 | +€13,515 | +69.2% |
| Current portion of amounts payable after more than one year | 42 | €5,453 | €5,729 | +€276 | +5.1% |
| Financial debts | 43 | - | €2,022 | +€2,022 | |
| Credit institutions | 430/8 | - | €2,022 | +€2,022 | |
| Trade debts | 44 | €3,134 | €571 | -€2,562 | -81.8% |
| Suppliers | 440/4 | €3,134 | €571 | -€2,562 | -81.8% |
| Taxes, remuneration and social security | 45 | €10,433 | €10,343 | -€90 | -0.9% |
| Taxes | 450/3 | €1,171 | - | -€1,171 | |
| Remuneration and social security | 454/9 | €9,262 | €10,343 | +€1,081 | +11.7% |
| Other amounts payable | 47/48 | €506 | €14,374 | +€13,868 | +2,740% |
| Remuneration, social security and pensions | 62 | €62,042 | €18,934 | -€43,107 | -69.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,360 | €10,098 | +€3,738 | +58.8% |
| Other operating charges | 640/8 | €2,079 | €577 | -€1,502 | -72.2% |
| Gross operating margin | 9900 | €74,903 | €16,329 | -€58,574 | -78.2% |
| Operating profit (loss) | 9901 | €4,423 | -€13,280 | -€17,703 | |
| Financial income | 75/76B | €11 | €0 | -€11 | -99.9% |
| Recurring financial income | 75 | €11 | €0 | -€11 | -99.9% |
| Financial charges | 65/66B | €1,411 | €1,813 | +€402 | +28.5% |
| Recurring financial charges | 65 | €1,411 | €1,813 | +€402 | +28.5% |
| Profit (loss) for the period before taxes | 9903 | €3,023 | -€15,093 | -€18,116 | |
| Income taxes | 67/77 | €1,171 | - | -€1,171 | |
| Profit (loss) for the period | 9904 | €1,852 | -€15,093 | -€16,945 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,852 | -€15,093 | -€16,945 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.