HDDLV: 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.
HDDLV
Largest movements
- Cash +€62,792
up €62,792 (+64.8%), from €96,843 to €159,635
mainly Net result for the year (+€59,660) and Tax, wage and social debts (+€22,356)
- Current investments +€24,000
new in 2025: €24,000
- Profit (loss) carried forward +€59,660
up €59,660 (+64.8%), from €92,060 to €151,720
- Tax, wage and social debts +€22,356
up €22,356 (+331.3%), from €6,748 to €29,105
- Other debts +€3,760
up €3,760 (+709.3%), from €530 to €4,291
- Gross operating margin +€18,474
up €18,474 (+29.1%), from €63,527 to €82,001
- Taxes +€8,315
up €8,315 (+63.4%), from €13,114 to €21,429
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 | €100,364 | €186,117 | +€85,753 | +85.4% |
| Fixed assets | 21/28 | €732 | - | -€732 | |
| Tangible fixed assets | 22/27 | €732 | - | -€732 | |
| Furniture and vehicles | 24 | €732 | - | -€732 | |
| Current assets | 29/58 | €99,631 | €186,117 | +€86,485 | +86.8% |
| Amounts receivable within one year | 40/41 | €2,789 | €2,482 | -€306 | -11.0% |
| Trade receivables | 40 | €910 | €982 | +€73 | +8.0% |
| Other amounts receivable | 41 | €1,879 | €1,500 | -€379 | -20.2% |
| Current investments | 50/53 | - | €24,000 | +€24,000 | |
| Cash at bank and in hand | 54/58 | €96,843 | €159,635 | +€62,792 | +64.8% |
| Total equity and liabilities | 10/49 | €100,364 | €186,117 | +€85,753 | +85.4% |
| Equity | 10/15 | €92,061 | €151,721 | +€59,660 | +64.8% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,060 | €151,720 | +€59,660 | +64.8% |
| Amounts payable | 17/49 | €8,303 | €34,395 | +€26,093 | +314.3% |
| Amounts payable within one year | 42/48 | €8,302 | €34,395 | +€26,093 | +314.3% |
| Trade debts | 44 | €1,024 | €1,000 | -€24 | -2.3% |
| Suppliers | 440/4 | €1,024 | €1,000 | -€24 | -2.3% |
| Taxes, remuneration and social security | 45 | €6,748 | €29,105 | +€22,356 | +331.3% |
| Taxes | 450/3 | €6,748 | €29,105 | +€22,356 | +331.3% |
| Other amounts payable | 47/48 | €530 | €4,291 | +€3,760 | +709.3% |
| Accrued charges and deferred income | 492/3 | €0 | €0 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €791 | €732 | -€58 | -7.4% |
| Other operating charges | 640/8 | - | €41 | +€41 | |
| Gross operating margin | 9900 | €63,527 | €82,001 | +€18,474 | +29.1% |
| Operating profit (loss) | 9901 | €62,737 | €81,228 | +€18,492 | +29.5% |
| Financial charges | 65/66B | €154 | €139 | -€15 | -9.8% |
| Recurring financial charges | 65 | €154 | €139 | -€15 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €62,582 | €81,089 | +€18,507 | +29.6% |
| Income taxes | 67/77 | €13,114 | €21,429 | +€8,315 | +63.4% |
| Profit (loss) for the period | 9904 | €49,468 | €59,660 | +€10,192 | +20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €49,468 | €59,660 | +€10,192 | +20.6% |
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 4 October 2026 via checked.be.