HG CLEANING: 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.
HG CLEANING
Largest movements
- Receivables within one year +€37,515
up €37,515 (+80.3%), from €46,702 to €84,217
of which Other amounts receivable: +€54,238
- Cash +€4,994
up €4,994 (+53.8%), from €9,283 to €14,277
mainly Net result for the year (+€46,014) and Other debts (+€44,500)
- Tangible fixed assets +€1,373
up €1,373 (+5.7%), from €24,017 to €25,390
of which Plant, machinery and equipment: +€2,970
- Other debts +€44,500
new in 2025: €44,500
- Trade debts -€11,699
down €11,699 (-25.9%), from €45,164 to €33,465
- Tax, wage and social debts +€6,584
up €6,584 (+68.2%), from €9,650 to €16,234
- Profit (loss) carried forward +€4,554
up €4,554 (+22.6%), from €20,187 to €24,741
- Gross operating margin +€48,406
up €48,406 (+238%), from €20,361 to €68,767
- Taxes +€8,970
up €8,970 (+296%), from €3,030 to €12,000
- Depreciation +€4,619
up €4,619 (+82.9%), from €5,571 to €10,191
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 | €80,002 | €123,940 | +€43,939 | +54.9% |
| Fixed assets | 21/28 | €24,017 | €25,390 | +€1,373 | +5.7% |
| Tangible fixed assets | 22/27 | €24,017 | €25,390 | +€1,373 | +5.7% |
| Plant, machinery and equipment | 23 | €16,417 | €19,387 | +€2,970 | +18.1% |
| Furniture and vehicles | 24 | €7,600 | €6,003 | -€1,597 | -21.0% |
| Current assets | 29/58 | €55,985 | €98,551 | +€42,566 | +76.0% |
| Amounts receivable within one year | 40/41 | €46,702 | €84,217 | +€37,515 | +80.3% |
| Trade receivables | 40 | €46,685 | €29,962 | -€16,723 | -35.8% |
| Other amounts receivable | 41 | €17 | €54,255 | +€54,238 | +328,121% |
| Cash at bank and in hand | 54/58 | €9,283 | €14,277 | +€4,994 | +53.8% |
| Deferred charges and accrued income | 490/1 | - | €57 | +€57 | |
| Total equity and liabilities | 10/49 | €80,002 | €123,940 | +€43,939 | +54.9% |
| Equity | 10/15 | €25,187 | €29,741 | +€4,554 | +18.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,187 | €24,741 | +€4,554 | +22.6% |
| Amounts payable | 17/49 | €54,815 | €94,199 | +€39,385 | +71.9% |
| Amounts payable within one year | 42/48 | €54,815 | €94,199 | +€39,385 | +71.9% |
| Trade debts | 44 | €45,164 | €33,465 | -€11,699 | -25.9% |
| Suppliers | 440/4 | €45,164 | €33,465 | -€11,699 | -25.9% |
| Taxes, remuneration and social security | 45 | €9,650 | €16,234 | +€6,584 | +68.2% |
| Taxes | 450/3 | €9,650 | €16,234 | +€6,584 | +68.2% |
| Other amounts payable | 47/48 | - | €44,500 | +€44,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,571 | €10,191 | +€4,619 | +82.9% |
| Other operating charges | 640/8 | - | €289 | +€289 | |
| Gross operating margin | 9900 | €20,361 | €68,767 | +€48,406 | +238% |
| Operating profit (loss) | 9901 | €14,789 | €58,287 | +€43,498 | +294% |
| Financial charges | 65/66B | €117 | €273 | +€156 | +133% |
| Recurring financial charges | 65 | €117 | €273 | +€156 | +133% |
| Profit (loss) for the period before taxes | 9903 | €14,672 | €58,014 | +€43,342 | +295% |
| Income taxes | 67/77 | €3,030 | €12,000 | +€8,970 | +296% |
| Profit (loss) for the period | 9904 | €11,642 | €46,014 | +€34,372 | +295% |
| Profit (loss) for the period to be appropriated | 9905 | €11,642 | €46,014 | +€34,372 | +295% |
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.