HDK SERVICES: 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.
HDK SERVICES
Largest movements
- Tangible fixed assets +€44,382
up €44,382 (+191.8%), from €23,136 to €67,518
of which Furniture and vehicles: +€47,025
- Cash +€2,201
up €2,201 (+12.7%), from €17,317 to €19,518
mainly Debts after one year (+€31,185) and Other debts (+€8,160)
- Debts after one year +€31,185
up €31,185, from €0 to €31,185
- Other debts +€8,160
up €8,160 (+137.1%), from €5,951 to €14,111
- Current portion of long-term debt +€7,003
up €7,003 (+1225.4%), from €572 to €7,575
- Accrued charges and deferred income +€964
up €964 (+249.0%), from €387 to €1,352
- Reserves -€923
down €923 (-6.8%), from €13,618 to €12,696
of which Distributable reserves: -€923
- Gross operating margin +€6,266
up €6,266 (+74.4%), from €8,419 to €14,685
- Taxes +€1,099
up €1,099 (+170.5%), from €645 to €1,744
- Depreciation +€464
up €464 (+9.2%), from €5,033 to €5,497
- Financial charges +€198
up €198 (+70.7%), from €279 to €477
- Other operating charges -€150
down €150 (-14.4%), from €1,039 to €889
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 | €42,122 | €88,650 | +€46,527 | +110.5% |
| Fixed assets | 21/28 | €23,136 | €67,518 | +€44,382 | +191.8% |
| Tangible fixed assets | 22/27 | €23,136 | €67,518 | +€44,382 | +191.8% |
| Land and buildings | 22 | €17,812 | €15,169 | -€2,643 | -14.8% |
| Furniture and vehicles | 24 | €5,324 | €52,349 | +€47,025 | +883.3% |
| Current assets | 29/58 | €18,986 | €21,131 | +€2,145 | +11.3% |
| Amounts receivable within one year | 40/41 | €891 | €33 | -€858 | -96.3% |
| Trade receivables | 40 | €33 | €33 | -€0 | -0.9% |
| Other amounts receivable | 41 | €858 | €0 | -€858 | -100.0% |
| Cash at bank and in hand | 54/58 | €17,317 | €19,518 | +€2,201 | +12.7% |
| Deferred charges and accrued income | 490/1 | €779 | €1,580 | +€802 | +102.9% |
| Total equity and liabilities | 10/49 | €42,122 | €88,650 | +€46,527 | +110.5% |
| Equity | 10/15 | €32,218 | €31,296 | -€923 | -2.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €13,618 | €12,696 | -€923 | -6.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €13,618 | €12,696 | -€923 | -6.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €9,904 | €57,354 | +€47,450 | +479.1% |
| Amounts payable after more than one year | 17 | €0 | €31,185 | +€31,185 | |
| Financial debts | 170/4 | €0 | €31,185 | +€31,185 | |
| Amounts payable within one year | 42/48 | €9,517 | €24,818 | +€15,301 | +160.8% |
| Current portion of amounts payable after more than one year | 42 | €572 | €7,575 | +€7,003 | +1225.4% |
| Trade debts | 44 | €594 | €3 | -€591 | -99.4% |
| Suppliers | 440/4 | €594 | €3 | -€591 | -99.4% |
| Taxes, remuneration and social security | 45 | €2,400 | €3,128 | +€728 | +30.4% |
| Taxes | 450/3 | €2,400 | €3,128 | +€728 | +30.4% |
| Other amounts payable | 47/48 | €5,951 | €14,111 | +€8,160 | +137.1% |
| Accrued charges and deferred income | 492/3 | €387 | €1,352 | +€964 | +249.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,033 | €5,497 | +€464 | +9.2% |
| Other operating charges | 640/8 | €1,039 | €889 | -€150 | -14.4% |
| Gross operating margin | 9900 | €8,419 | €14,685 | +€6,266 | +74.4% |
| Operating profit (loss) | 9901 | €2,346 | €8,298 | +€5,952 | +253.7% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €279 | €477 | +€198 | +70.7% |
| Recurring financial charges | 65 | €279 | €477 | +€198 | +70.7% |
| Profit (loss) for the period before taxes | 9903 | €2,068 | €7,821 | +€5,753 | +278.1% |
| Income taxes | 67/77 | €645 | €1,744 | +€1,099 | +170.5% |
| Profit (loss) for the period | 9904 | €1,424 | €6,077 | +€4,654 | +326.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,424 | €6,077 | +€4,654 | +326.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.