HD Techniques: 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 Techniques
Largest movements
- Cash -€2,893
down €2,893 (-42.9%), from €6,747 to €3,854
mainly Trade debts (-€3,241) and Investment in fixed assets (net) (-€1,488)
- Tangible fixed assets +€1,427
new in 2025: €1,427
- Receivables within one year -€1,420
down €1,420 (-43.7%), from €3,251 to €1,831
of which Trade receivables: -€1,231
- Deferred charges and accrued income +€308
up €308 (+41.3%), from €748 to €1,056
- Stocks and contracts -€278
down €278 (-16.1%), from €1,720 to €1,443
- Trade debts -€3,241
down €3,241 (-70.8%), from €4,578 to €1,337
- Profit (loss) carried forward +€1,559
up €1,559 (+49.3%), from -€3,164 to -€1,604
- Tax, wage and social debts -€617
down €617 (-100.0%), from €617 to €0
- Other debts -€557
down €557 (-23.6%), from €2,356 to €1,800
- Gross operating margin +€4,652
up €4,652, from -€2,156 to €2,495
- Other operating charges -€166
down €166 (-19.0%), from €875 to €708
- Depreciation +€61
new in 2025: €61
- Financial charges +€30
up €30 (+21.5%), from €138 to €168
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 | €12,469 | €9,614 | -€2,855 | -22.9% |
| Fixed assets | 21/28 | - | €1,427 | +€1,427 | |
| Tangible fixed assets | 22/27 | - | €1,427 | +€1,427 | |
| Furniture and vehicles | 24 | - | €1,427 | +€1,427 | |
| Current assets | 29/58 | €12,469 | €8,187 | -€4,282 | -34.3% |
| Stocks and contracts in progress | 3 | €1,720 | €1,443 | -€278 | -16.1% |
| Stocks | 30/36 | €1,720 | €1,443 | -€278 | -16.1% |
| Amounts receivable within one year | 40/41 | €3,251 | €1,831 | -€1,420 | -43.7% |
| Trade receivables | 40 | €2,331 | €1,100 | -€1,231 | -52.8% |
| Other amounts receivable | 41 | €920 | €731 | -€189 | -20.5% |
| Current investments | 50/53 | €4 | €4 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,747 | €3,854 | -€2,893 | -42.9% |
| Deferred charges and accrued income | 490/1 | €748 | €1,056 | +€308 | +41.3% |
| Total equity and liabilities | 10/49 | €12,469 | €9,614 | -€2,855 | -22.9% |
| Equity | 10/15 | €4,918 | €6,477 | +€1,559 | +31.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €7,081 | €7,081 | = | 0.0% |
| Distributable reserves | 133 | €7,081 | €7,081 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,164 | -€1,604 | +€1,559 | +49.3% |
| Amounts payable | 17/49 | €7,552 | €3,137 | -€4,415 | -58.5% |
| Amounts payable within one year | 42/48 | €7,552 | €3,137 | -€4,415 | -58.5% |
| Trade debts | 44 | €4,578 | €1,337 | -€3,241 | -70.8% |
| Suppliers | 440/4 | €4,578 | €1,337 | -€3,241 | -70.8% |
| Taxes, remuneration and social security | 45 | €617 | €0 | -€617 | -100.0% |
| Taxes | 450/3 | €617 | €0 | -€617 | -100.0% |
| Other amounts payable | 47/48 | €2,356 | €1,800 | -€557 | -23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €61 | +€61 | |
| Other operating charges | 640/8 | €875 | €708 | -€166 | -19.0% |
| Gross operating margin | 9900 | -€2,156 | €2,495 | +€4,652 | |
| Operating profit (loss) | 9901 | -€3,031 | €1,726 | +€4,757 | |
| Financial income | 75/76B | €1 | €2 | +€1 | +76.7% |
| Recurring financial income | 75 | €1 | €2 | +€1 | +76.7% |
| Financial charges | 65/66B | €138 | €168 | +€30 | +21.5% |
| Recurring financial charges | 65 | €138 | €168 | +€30 | +21.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,168 | €1,559 | +€4,728 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€3,168 | €1,559 | +€4,728 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,168 | €1,559 | +€4,728 |
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.