HF SOLUTION SRL: 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.
HF SOLUTION SRL
Largest movements
- Tangible fixed assets +€40,464
up €40,464 (+102%), from €39,568 to €80,032
of which Other tangible fixed assets: +€40,464
- Other debts +€24,811
up €24,811 (+223%), from €11,109 to €35,920
- Profit (loss) carried forward +€16,145
up €16,145 (+101%), from €15,967 to €32,112
- Contributions +€2,427
up €2,427 (+24.1%), from €10,074 to €12,500
- Reserves -€2,427
no longer reported in 2025 (was €2,427)
- Trade debts -€1,783
down €1,783 (-95.8%), from €1,860 to €77
- Gross operating margin +€23,150
up €23,150 (+414%), from €5,598 to €28,749
- Depreciation +€3,526
up €3,526 (+143%), from €2,461 to €5,987
- Taxes +€2,500
no longer reported in 2025 (was -€2,500)
- Other operating charges +€381
up €381 (+6.3%), from €6,050 to €6,432
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 | €41,436 | €80,675 | +€39,239 | +94.7% |
| Fixed assets | 21/28 | €40,039 | €80,503 | +€40,464 | +101% |
| Tangible fixed assets | 22/27 | €39,568 | €80,032 | +€40,464 | +102% |
| Land and buildings | 22 | €9,916 | €9,916 | = | 0.0% |
| Other tangible fixed assets | 26 | €29,652 | €70,116 | +€40,464 | +136% |
| Financial fixed assets | 28 | €471 | €471 | = | 0.0% |
| Current assets | 29/58 | €1,398 | €172 | -€1,226 | -87.7% |
| Amounts receivable within one year | 40/41 | €441 | €136 | -€305 | -69.1% |
| Trade receivables | 40 | - | €136 | +€136 | |
| Other amounts receivable | 41 | €441 | - | -€441 | |
| Cash at bank and in hand | 54/58 | €300 | €36 | -€264 | -88.0% |
| Deferred charges and accrued income | 490/1 | €657 | - | -€657 | |
| Total equity and liabilities | 10/49 | €41,436 | €80,675 | +€39,239 | +94.7% |
| Equity | 10/15 | €28,468 | €44,613 | +€16,145 | +56.7% |
| Contributions | 10/11 | €10,074 | €12,500 | +€2,427 | +24.1% |
| Reserves | 13 | €2,427 | - | -€2,427 | |
| Distributable reserves | 133 | €2,427 | - | -€2,427 | |
| Profit (loss) carried forward | 14 | €15,967 | €32,112 | +€16,145 | +101% |
| Amounts payable | 17/49 | €12,969 | €36,062 | +€23,093 | +178% |
| Amounts payable within one year | 42/48 | €12,969 | €36,062 | +€23,093 | +178% |
| Financial debts | 43 | - | €65 | +€65 | |
| Credit institutions | 430/8 | - | €65 | +€65 | |
| Trade debts | 44 | €1,860 | €77 | -€1,783 | -95.8% |
| Suppliers | 440/4 | €1,860 | €77 | -€1,783 | -95.8% |
| Other amounts payable | 47/48 | €11,109 | €35,920 | +€24,811 | +223% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,461 | €5,987 | +€3,526 | +143% |
| Other operating charges | 640/8 | €6,050 | €6,432 | +€381 | +6.3% |
| Gross operating margin | 9900 | €5,598 | €28,749 | +€23,150 | +414% |
| Operating profit (loss) | 9901 | -€2,913 | €16,330 | +€19,243 | |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €163 | €184 | +€22 | +13.2% |
| Recurring financial charges | 65 | €163 | €184 | +€22 | +13.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,070 | €16,145 | +€19,215 | |
| Income taxes | 67/77 | -€2,500 | - | +€2,500 | |
| Profit (loss) for the period | 9904 | -€570 | €16,145 | +€16,715 | |
| Profit (loss) for the period to be appropriated | 9905 | -€570 | €16,145 | +€16,715 |
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 13 October 2026 via checked.be.