HDC & COMPANY: what changed
What changed
HDC & COMPANY
NACE 31.001, Manufacture of furniture
filed annual accounts (NBB)
Net result for the year
-€24,901
2024 · -€32,355+€7,454
Equity
€506,678
2024 · €531,579-€24,901
Cash
€40,208
2024 · €35,827+€4,382
Balance sheet total
€2.3m
2024 · €2.3m+€1,895
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Other debts +€66,764
up €66,764 (+7.4%), from €904,480 to €971,244
- Debts after one year -€51,395
down €51,395 (-6.7%), from €762,564 to €711,169
- Reserves -€30,000
down €30,000 (-8.6%), from €350,000 to €320,000
Income statement
- Gross operating margin +€18,163
up €18,163 (+75.3%), from -€24,136 to -€5,973
- Financial charges +€11,195
up €11,195 (+48.7%), from €22,994 to €34,189
- Depreciation -€293
down €293 (-9.1%), from €3,234 to €2,941
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€32,355
Gross operating margin
+€18,163
Depreciation
+€293
Other operating charges
+€195
Financial income
-€2
Financial charges
-€11,195
Result 2025
-€24,901
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€40,841
Investment
€0
Financing
-€36,459
Cash 2024
€35,827
From operations (derived)
+€40,841
Net result for the year
-€24,901
Depreciation
+€2,941
Receivables within one year
-€454
Trade debts
-€2,274
Other debts
+€66,764
Accrued charges and deferred income
-€1,235
Financing
-€36,459
Debts after one year
-€51,395
Current portion of long-term debt
+€14,936
Cash 2025
€40,208
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,270,678 | €2,272,573 | +€1,895 | +0.1% |
| Fixed assets | 21/28 | €2,234,747 | €2,231,807 | -€2,941 | -0.1% |
| Tangible fixed assets | 22/27 | €4,187 | €1,247 | -€2,941 | -70.2% |
| Plant, machinery and equipment | 23 | €4,187 | €1,247 | -€2,941 | -70.2% |
| Financial fixed assets | 28 | €2,230,560 | €2,230,560 | = | 0.0% |
| Current assets | 29/58 | €35,930 | €40,766 | +€4,836 | +13.5% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €104 | €558 | +€454 | +437% |
| Trade receivables | 40 | €1 | €208 | +€207 | +20,721% |
| Other amounts receivable | 41 | €103 | €350 | +€247 | +240% |
| Cash at bank and in hand | 54/58 | €35,827 | €40,208 | +€4,382 | +12.2% |
| Total equity and liabilities | 10/49 | €2,270,678 | €2,272,573 | +€1,895 | +0.1% |
| Equity | 10/15 | €531,579 | €506,678 | -€24,901 | -4.7% |
| Contributions | 10/11 | €180,000 | €180,000 | = | 0.0% |
| Reserves | 13 | €350,000 | €320,000 | -€30,000 | -8.6% |
| Distributable reserves | 133 | €350,000 | €320,000 | -€30,000 | -8.6% |
| Profit (loss) carried forward | 14 | €1,579 | €6,678 | +€5,099 | +323% |
| Amounts payable | 17/49 | €1,739,099 | €1,765,895 | +€26,796 | +1.5% |
| Amounts payable after more than one year | 17 | €762,564 | €711,169 | -€51,395 | -6.7% |
| Financial debts | 170/4 | €762,564 | €711,169 | -€51,395 | -6.7% |
| Amounts payable within one year | 42/48 | €969,301 | €1,048,726 | +€79,426 | +8.2% |
| Current portion of amounts payable after more than one year | 42 | €62,547 | €77,482 | +€14,936 | +23.9% |
| Trade debts | 44 | €2,274 | €0 | -€2,274 | -100% |
| Suppliers | 440/4 | €2,274 | €0 | -€2,274 | -100% |
| Other amounts payable | 47/48 | €904,480 | €971,244 | +€66,764 | +7.4% |
| Accrued charges and deferred income | 492/3 | €7,235 | €6,000 | -€1,235 | -17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,234 | €2,941 | -€293 | -9.1% |
| Other operating charges | 640/8 | €1,194 | €998 | -€195 | -16.3% |
| Gross operating margin | 9900 | -€24,136 | -€5,973 | +€18,163 | +75.3% |
| Operating profit (loss) | 9901 | -€28,563 | -€9,912 | +€18,651 | +65.3% |
| Financial income | 75/76B | €19,202 | €19,200 | -€2 | 0.0% |
| Recurring financial income | 75 | €19,202 | €19,200 | -€2 | 0.0% |
| Financial charges | 65/66B | €22,994 | €34,189 | +€11,195 | +48.7% |
| Recurring financial charges | 65 | €22,994 | €34,189 | +€11,195 | +48.7% |
| Profit (loss) for the period before taxes | 9903 | -€32,355 | -€24,901 | +€7,454 | +23.0% |
| Profit (loss) for the period | 9904 | -€32,355 | -€24,901 | +€7,454 | +23.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,355 | -€24,901 | +€7,454 | +23.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.