Het HR kompas: 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.
Het HR kompas
Largest movements
- Tangible fixed assets -€10,352
down €10,352 (-24.2%), from €42,816 to €32,464
of which Plant, machinery and equipment: -€5,845
- Deferred charges and accrued income -€862
down €862 (-22.9%), from €3,759 to €2,897
- Trade debts -€4,058
down €4,058 (-69.3%), from €5,858 to €1,800
- Other debts -€3,609
down €3,609 (-83.8%), from €4,306 to €697
- Profit (loss) carried forward -€3,400
down €3,400 (-19.9%), from -€17,058 to -€20,458
- Debts after one year -€1,680
down €1,680 (-20.4%), from €8,231 to €6,551
- Accrued charges and deferred income +€845
new in 2025: €845
- Other operating charges +€8,808
up €8,808 (+548%), from €1,608 to €10,416
- Gross operating margin +€5,906
up €5,906 (+48.0%), from €12,294 to €18,200
- Depreciation +€1,835
up €1,835 (+21.6%), from €8,516 to €10,352
- Financial charges -€201
down €201 (-25.1%), from €800 to €599
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 | €64,627 | €52,724 | -€11,904 | -18.4% |
| Fixed assets | 21/28 | €42,816 | €32,464 | -€10,352 | -24.2% |
| Tangible fixed assets | 22/27 | €42,816 | €32,464 | -€10,352 | -24.2% |
| Land and buildings | 22 | €29,847 | €25,571 | -€4,276 | -14.3% |
| Plant, machinery and equipment | 23 | €12,738 | €6,893 | -€5,845 | -45.9% |
| Furniture and vehicles | 24 | €231 | - | -€231 | |
| Current assets | 29/58 | €21,811 | €20,260 | -€1,552 | -7.1% |
| Amounts receivable within one year | 40/41 | €5,460 | €5,052 | -€408 | -7.5% |
| Trade receivables | 40 | €4,723 | €3,553 | -€1,169 | -24.8% |
| Other amounts receivable | 41 | €737 | €1,499 | +€761 | +103% |
| Cash at bank and in hand | 54/58 | €12,593 | €12,311 | -€282 | -2.2% |
| Deferred charges and accrued income | 490/1 | €3,759 | €2,897 | -€862 | -22.9% |
| Total equity and liabilities | 10/49 | €64,627 | €52,724 | -€11,904 | -18.4% |
| Equity | 10/15 | €41,254 | €37,854 | -€3,400 | -8.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €57,312 | €57,312 | = | 0.0% |
| Distributable reserves | 133 | €57,312 | €57,312 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,058 | -€20,458 | -€3,400 | -19.9% |
| Amounts payable | 17/49 | €23,373 | €14,870 | -€8,504 | -36.4% |
| Amounts payable after more than one year | 17 | €8,231 | €6,551 | -€1,680 | -20.4% |
| Financial debts | 170/4 | €8,231 | €6,551 | -€1,680 | -20.4% |
| Amounts payable within one year | 42/48 | €15,142 | €7,474 | -€7,668 | -50.6% |
| Current portion of amounts payable after more than one year | 42 | €1,603 | €1,680 | +€78 | +4.9% |
| Trade debts | 44 | €5,858 | €1,800 | -€4,058 | -69.3% |
| Suppliers | 440/4 | €5,858 | €1,800 | -€4,058 | -69.3% |
| Taxes, remuneration and social security | 45 | €3,376 | €3,296 | -€80 | -2.4% |
| Taxes | 450/3 | €3,376 | €3,296 | -€80 | -2.4% |
| Other amounts payable | 47/48 | €4,306 | €697 | -€3,609 | -83.8% |
| Accrued charges and deferred income | 492/3 | - | €845 | +€845 | |
| Non-recurring operating income | 76A | - | €2,377 | +€2,377 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,516 | €10,352 | +€1,835 | +21.6% |
| Other operating charges | 640/8 | €1,608 | €10,416 | +€8,808 | +548% |
| Non-recurring operating charges | 66A | €1,726 | - | -€1,726 | |
| Gross operating margin | 9900 | €12,294 | €18,200 | +€5,906 | +48.0% |
| Operating profit (loss) | 9901 | €444 | -€2,568 | -€3,012 | |
| Financial income | 75/76B | €6 | €6 | +€1 | +13.0% |
| Recurring financial income | 75 | €6 | €6 | +€1 | +13.0% |
| Financial charges | 65/66B | €800 | €599 | -€201 | -25.1% |
| Recurring financial charges | 65 | €800 | €599 | -€201 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | -€351 | -€3,161 | -€2,810 | -801% |
| Income taxes | 67/77 | €263 | €239 | -€24 | -9.1% |
| Profit (loss) for the period | 9904 | -€613 | -€3,400 | -€2,786 | -454% |
| Profit (loss) for the period to be appropriated | 9905 | -€613 | -€3,400 | -€2,786 | -454% |
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 18 October 2026 via checked.be.