HDNM: 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.
HDNM
Largest movements
- Cash +€9,012
up €9,012 (+17,973%), from €50 to €9,062
mainly Contributions, distributions and other (+€11,029) and Deferred charges and accrued income (+€790)
- Deferred charges and accrued income -€790
no longer reported in 2025 (was €790)
- Profit (loss) carried forward +€5,372
up €5,372, from -€4,401 to €971
- Contributions +€2,850
up €2,850 (+56.7%), from €5,027 to €7,877
- Purchases and services +€14,109
new in 2025: €14,109
- Turnover +€1,789
up €1,789 (+17.9%), from €10,018 to €11,807
- Gross operating margin +€578
up €578 (+20.1%), from -€2,880 to -€2,302
- Other operating charges -€558
down €558 (-61.1%), from €913 to €355
- Taxes -€320
no longer reported in 2025 (was €320)
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 | €929 | €9,151 | +€8,222 | +885% |
| Current assets | 29/58 | €929 | €9,151 | +€8,222 | +885% |
| Amounts receivable within one year | 40/41 | €89 | €89 | = | 0.0% |
| Other amounts receivable | 41 | €89 | €89 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €50 | €9,062 | +€9,012 | +17,973% |
| Deferred charges and accrued income | 490/1 | €790 | - | -€790 | |
| Total equity and liabilities | 10/49 | €929 | €9,151 | +€8,222 | +885% |
| Equity | 10/15 | €626 | €8,848 | +€8,222 | +1,314% |
| Contributions | 10/11 | €5,027 | €7,877 | +€2,850 | +56.7% |
| Contributions outside capital | 11 | €5,027 | €7,877 | +€2,850 | +56.7% |
| Other | 1109/19 | €5,027 | €7,877 | +€2,850 | +56.7% |
| Profit (loss) carried forward | 14 | -€4,401 | €971 | +€5,372 | |
| Amounts payable | 17/49 | €303 | €303 | +€0 | +0.1% |
| Amounts payable within one year | 42/48 | €303 | €303 | = | 0.0% |
| Other amounts payable | 47/48 | €303 | €303 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €0 | +€0 | |
| Turnover | 70 | €10,018 | €11,807 | +€1,789 | +17.9% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €14,109 | +€14,109 | |
| Remuneration, social security and pensions | 62 | €163 | - | -€163 | |
| Other operating charges | 640/8 | €913 | €355 | -€558 | -61.1% |
| Gross operating margin | 9900 | -€2,880 | -€2,302 | +€578 | +20.1% |
| Operating profit (loss) | 9901 | -€3,956 | -€2,657 | +€1,299 | +32.8% |
| Financial charges | 65/66B | €125 | €150 | +€25 | +20.0% |
| Recurring financial charges | 65 | €125 | €150 | +€25 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,081 | -€2,807 | +€1,274 | +31.2% |
| Income taxes | 67/77 | €320 | - | -€320 | |
| Profit (loss) for the period | 9904 | -€4,401 | -€2,807 | +€1,594 | +36.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,401 | -€2,807 | +€1,594 | +36.2% |
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 14 October 2026 via checked.be.