HH GROUP: what changed
Two fiscal 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 GROUP
Largest movements
- Tangible fixed assets +€125,049
up €125,049 (+72.3%), from €172,908 to €297,957
of which Land and buildings: +€287,917
- Cash +€79,330
up €79,330 (+49099.4%), from €162 to €79,491
mainly Contributions, distributions and other (+€295,000) and Receivables within one year (+€43,241)
- Receivables within one year -€43,241
down €43,241 (-89.6%), from €48,241 to €5,000
of which Other amounts receivable: -€41,566
- Contributions +€295,000
up €295,000 (+393.3%), from €75,000 to €370,000
- Other debts -€137,000
down €137,000 (-96.5%), from €142,000 to €5,000
- Accrued charges and deferred income +€11,700
new in 2025: €11,700
- Profit (loss) carried forward -€8,225
down €8,225 (-29.7%), from €27,709 to €19,483
- Gross operating margin +€33,736
up €33,736, from -€28,665 to €5,071
- Depreciation -€7,120
down €7,120 (-43.1%), from €16,502 to €9,382
- Financial charges -€3,547
down €3,547 (-62.7%), from €5,653 to €2,106
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.
Cash bridge derived
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 | €253,211 | €414,349 | +€161,138 | +63.6% |
| Fixed assets | 21/28 | €179,808 | €304,857 | +€125,049 | +69.5% |
| Tangible fixed assets | 22/27 | €172,908 | €297,957 | +€125,049 | +72.3% |
| Land and buildings | 22 | - | €287,917 | +€287,917 | |
| Furniture and vehicles | 24 | €172,908 | €10,040 | -€162,868 | -94.2% |
| Financial fixed assets | 28 | €6,900 | €6,900 | = | 0.0% |
| Current assets | 29/58 | €73,403 | €109,491 | +€36,089 | +49.2% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 291 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €48,241 | €5,000 | -€43,241 | -89.6% |
| Trade receivables | 40 | €6,676 | €5,000 | -€1,676 | -25.1% |
| Other amounts receivable | 41 | €41,566 | - | -€41,566 | |
| Cash at bank and in hand | 54/58 | €162 | €79,491 | +€79,330 | +49099.4% |
| Total equity and liabilities | 10/49 | €253,211 | €414,349 | +€161,138 | +63.6% |
| Equity | 10/15 | €110,209 | €396,983 | +€286,775 | +260.2% |
| Contributions | 10/11 | €75,000 | €370,000 | +€295,000 | +393.3% |
| Reserves | 13 | €7,500 | €7,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,709 | €19,483 | -€8,225 | -29.7% |
| Amounts payable | 17/49 | €143,002 | €17,366 | -€125,637 | -87.9% |
| Amounts payable within one year | 42/48 | €143,002 | €5,666 | -€137,337 | -96.0% |
| Trade debts | 44 | €1,002 | €666 | -€337 | -33.6% |
| Suppliers | 440/4 | €1,002 | €666 | -€337 | -33.6% |
| Other amounts payable | 47/48 | €142,000 | €5,000 | -€137,000 | -96.5% |
| Accrued charges and deferred income | 492/3 | - | €11,700 | +€11,700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,502 | €9,382 | -€7,120 | -43.1% |
| Other operating charges | 640/8 | €1,993 | €1,961 | -€32 | -1.6% |
| Gross operating margin | 9900 | -€28,665 | €5,071 | +€33,736 | |
| Operating profit (loss) | 9901 | -€47,161 | -€6,272 | +€40,889 | +86.7% |
| Financial income | 75/76B | - | €152 | +€152 | |
| Recurring financial income | 75 | - | €152 | +€152 | |
| Financial charges | 65/66B | €5,653 | €2,106 | -€3,547 | -62.7% |
| Recurring financial charges | 65 | €5,653 | €2,106 | -€3,547 | -62.7% |
| Profit (loss) for the period before taxes | 9903 | -€52,813 | -€8,225 | +€44,588 | +84.4% |
| Profit (loss) for the period | 9904 | -€52,813 | -€8,225 | +€44,588 | +84.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€52,813 | -€8,225 | +€44,588 | +84.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.