HH-888: 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.
HH-888
Largest movements
- Receivables within one year +€74,805
up €74,805 (+96.9%), from €77,213 to €152,017
of which Trade receivables: +€60,238
- Cash -€50,169
down €50,169 (-26.4%), from €189,781 to €139,612
mainly Receivables within one year (-€74,805) and Trade debts (-€22,161)
- Tangible fixed assets -€20,645
down €20,645 (-25.8%), from €80,090 to €59,445
of which Furniture and vehicles: -€22,326
- Reserves +€30,000
up €30,000 (+150%), from €20,000 to €50,000
- Trade debts -€22,161
down €22,161 (-48.7%), from €45,518 to €23,357
- Debts after one year -€17,266
down €17,266 (-40.3%), from €42,793 to €25,527
- Tax, wage and social debts +€12,313
up €12,313 (+33.2%), from €37,051 to €49,364
of which Taxes: +€11,974
- Gross operating margin +€50,262
up €50,262 (+27.9%), from €180,001 to €230,263
- Staff costs +€23,324
up €23,324 (+21.7%), from €107,615 to €130,940
- Taxes +€15,319
up €15,319 (+135%), from €11,327 to €26,647
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 | €349,950 | €354,117 | +€4,167 | +1.2% |
| Fixed assets | 21/28 | €80,090 | €59,445 | -€20,645 | -25.8% |
| Tangible fixed assets | 22/27 | €80,090 | €59,445 | -€20,645 | -25.8% |
| Plant, machinery and equipment | 23 | €0 | €1,681 | +€1,681 | |
| Furniture and vehicles | 24 | €80,090 | €57,764 | -€22,326 | -27.9% |
| Current assets | 29/58 | €269,860 | €294,673 | +€24,813 | +9.2% |
| Amounts receivable within one year | 40/41 | €77,213 | €152,017 | +€74,805 | +96.9% |
| Trade receivables | 40 | €53,243 | €113,481 | +€60,238 | +113% |
| Other amounts receivable | 41 | €23,970 | €38,537 | +€14,567 | +60.8% |
| Cash at bank and in hand | 54/58 | €189,781 | €139,612 | -€50,169 | -26.4% |
| Deferred charges and accrued income | 490/1 | €2,866 | €3,043 | +€177 | +6.2% |
| Total equity and liabilities | 10/49 | €349,950 | €354,117 | +€4,167 | +1.2% |
| Equity | 10/15 | €207,185 | €238,604 | +€31,419 | +15.2% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €20,000 | €50,000 | +€30,000 | +150% |
| Distributable reserves | 133 | €20,000 | €50,000 | +€30,000 | +150% |
| Profit (loss) carried forward | 14 | €179,125 | €180,544 | +€1,419 | +0.8% |
| Amounts payable | 17/49 | €142,765 | €115,513 | -€27,252 | -19.1% |
| Amounts payable after more than one year | 17 | €42,793 | €25,527 | -€17,266 | -40.3% |
| Financial debts | 170/4 | €42,793 | €25,527 | -€17,266 | -40.3% |
| Amounts payable within one year | 42/48 | €99,972 | €89,987 | -€9,986 | -10.0% |
| Current portion of amounts payable after more than one year | 42 | €17,404 | €17,266 | -€138 | -0.8% |
| Trade debts | 44 | €45,518 | €23,357 | -€22,161 | -48.7% |
| Suppliers | 440/4 | €45,518 | €23,357 | -€22,161 | -48.7% |
| Taxes, remuneration and social security | 45 | €37,051 | €49,364 | +€12,313 | +33.2% |
| Taxes | 450/3 | €21,058 | €33,031 | +€11,974 | +56.9% |
| Remuneration and social security | 454/9 | €15,993 | €16,332 | +€339 | +2.1% |
| Remuneration, social security and pensions | 62 | €107,615 | €130,940 | +€23,324 | +21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,099 | €26,451 | -€647 | -2.4% |
| Other operating charges | 640/8 | €7,551 | €7,637 | +€86 | +1.1% |
| Non-recurring operating charges | 66A | €1,629 | €4,649 | +€3,021 | +185% |
| Gross operating margin | 9900 | €180,001 | €230,263 | +€50,262 | +27.9% |
| Operating profit (loss) | 9901 | €36,107 | €60,585 | +€24,478 | +67.8% |
| Financial income | 75/76B | €6 | €0 | -€6 | -96.3% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -96.3% |
| Financial charges | 65/66B | €2,930 | €2,519 | -€410 | -14.0% |
| Recurring financial charges | 65 | €2,930 | €2,519 | -€410 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €33,183 | €58,066 | +€24,882 | +75.0% |
| Income taxes | 67/77 | €11,327 | €26,647 | +€15,319 | +135% |
| Profit (loss) for the period | 9904 | €21,856 | €31,419 | +€9,563 | +43.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,856 | €31,419 | +€9,563 | +43.8% |
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 19 October 2026 via checked.be.