HH Management: 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 Management
Largest movements
- Receivables within one year -€29,913
down €29,913 (-57.1%), from €52,396 to €22,482
of which Other amounts receivable: -€36,939
- Tangible fixed assets +€13,848
up €13,848 (+707%), from €1,960 to €15,808
of which Furniture and vehicles: +€14,525
- Cash -€5,376
down €5,376 (-4.7%), from €115,507 to €110,131
mainly Contributions, distributions and other (-€69,000) and Investment in fixed assets (net) (-€17,709)
- Reserves -€38,400
down €38,400 (-25.1%), from €152,785 to €114,385
of which Distributable reserves: -€38,400
- Tax, wage and social debts +€13,756
up €13,756 (+481%), from €2,857 to €16,613
- Short-term financial debts +€3,361
new in 2026: €3,361
- Gross operating margin +€24,310
up €24,310 (+101%), from €24,047 to €48,357
- Taxes +€4,901
up €4,901 (+62.3%), from €7,864 to €12,765
- Depreciation +€3,545
up €3,545 (+1,118%), from €317 to €3,861
- Financial income -€2,235
down €2,235 (-99.8%), from €2,241 to €5
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €171,163 | €150,343 | -€20,820 | -12.2% |
| Fixed assets | 21/28 | €1,960 | €15,808 | +€13,848 | +707% |
| Tangible fixed assets | 22/27 | €1,960 | €15,808 | +€13,848 | +707% |
| Plant, machinery and equipment | 23 | €1,960 | €1,283 | -€677 | -34.5% |
| Furniture and vehicles | 24 | €0 | €14,525 | +€14,525 | |
| Current assets | 29/58 | €169,203 | €134,535 | -€34,668 | -20.5% |
| Amounts receivable within one year | 40/41 | €52,396 | €22,482 | -€29,913 | -57.1% |
| Trade receivables | 40 | €15,448 | €22,473 | +€7,025 | +45.5% |
| Other amounts receivable | 41 | €36,948 | €9 | -€36,939 | -100.0% |
| Cash at bank and in hand | 54/58 | €115,507 | €110,131 | -€5,376 | -4.7% |
| Deferred charges and accrued income | 490/1 | €1,300 | €1,922 | +€621 | +47.8% |
| Total equity and liabilities | 10/49 | €171,163 | €150,343 | -€20,820 | -12.2% |
| Equity | 10/15 | €168,159 | €129,777 | -€38,382 | -22.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €152,785 | €114,385 | -€38,400 | -25.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €152,785 | €114,385 | -€38,400 | -25.1% |
| Profit (loss) carried forward | 14 | €2,974 | €2,992 | +€18 | +0.6% |
| Amounts payable | 17/49 | €3,004 | €20,565 | +€17,562 | +585% |
| Amounts payable within one year | 42/48 | €2,884 | €20,565 | +€17,681 | +613% |
| Financial debts | 43 | - | €3,361 | +€3,361 | |
| Credit institutions | 430/8 | - | €3,361 | +€3,361 | |
| Trade debts | 44 | €27 | €317 | +€290 | +1,074% |
| Suppliers | 440/4 | €27 | €317 | +€290 | +1,074% |
| Taxes, remuneration and social security | 45 | €2,857 | €16,613 | +€13,756 | +481% |
| Taxes | 450/3 | €2,857 | €16,613 | +€13,756 | +481% |
| Other amounts payable | 47/48 | - | €274 | +€274 | |
| Accrued charges and deferred income | 492/3 | €120 | €0 | -€120 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €317 | €3,861 | +€3,545 | +1,118% |
| Other operating charges | 640/8 | €545 | €678 | +€132 | +24.3% |
| Gross operating margin | 9900 | €24,047 | €48,357 | +€24,310 | +101% |
| Operating profit (loss) | 9901 | €23,185 | €43,818 | +€20,633 | +89.0% |
| Financial income | 75/76B | €2,241 | €5 | -€2,235 | -99.8% |
| Recurring financial income | 75 | €2,241 | €5 | -€2,235 | -99.8% |
| Financial charges | 65/66B | €421 | €440 | +€18 | +4.4% |
| Recurring financial charges | 65 | €421 | €440 | +€18 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €25,004 | €43,383 | +€18,379 | +73.5% |
| Income taxes | 67/77 | €7,864 | €12,765 | +€4,901 | +62.3% |
| Profit (loss) for the period | 9904 | €17,140 | €30,618 | +€13,478 | +78.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,140 | €30,618 | +€13,478 | +78.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.