HHX HOLDING: 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.
HHX HOLDING
Largest movements
- Cash +€103,184
up €103,184 (+69.6%), from €148,153 to €251,337
mainly Net result for the year (+€154,141) and Current portion of long-term debt (+€1,427)
- Reserves +€154,141
up €154,141 (+129%), from €119,129 to €273,270
- Debts after one year -€35,103
down €35,103 (-4.8%), from €725,712 to €690,610
- Financial income +€87,352
new in 2025: €87,352
- Financial charges -€1,369
down €1,369 (-3.7%), from €37,102 to €35,733
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 | €960,653 | €1,063,837 | +€103,184 | +10.7% |
| Fixed assets | 21/28 | €812,500 | €812,500 | = | 0.0% |
| Financial fixed assets | 28 | €812,500 | €812,500 | = | 0.0% |
| Current assets | 29/58 | €148,153 | €251,337 | +€103,184 | +69.6% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €148,153 | €251,337 | +€103,184 | +69.6% |
| Total equity and liabilities | 10/49 | €960,653 | €1,063,837 | +€103,184 | +10.7% |
| Equity | 10/15 | €124,129 | €278,270 | +€154,141 | +124% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €119,129 | €273,270 | +€154,141 | +129% |
| Distributable reserves | 133 | €119,129 | €273,270 | +€154,141 | +129% |
| Amounts payable | 17/49 | €836,524 | €785,567 | -€50,957 | -6.1% |
| Amounts payable after more than one year | 17 | €725,712 | €690,610 | -€35,103 | -4.8% |
| Financial debts | 170/4 | €725,712 | €690,610 | -€35,103 | -4.8% |
| Amounts payable within one year | 42/48 | €74,718 | €69,270 | -€5,449 | -7.3% |
| Current portion of amounts payable after more than one year | 42 | €33,676 | €35,103 | +€1,427 | +4.2% |
| Trade debts | 44 | - | €89 | +€89 | |
| Suppliers | 440/4 | - | €89 | +€89 | |
| Taxes, remuneration and social security | 45 | €39,561 | €32,597 | -€6,964 | -17.6% |
| Taxes | 450/3 | €38,496 | €31,567 | -€6,929 | -18.0% |
| Remuneration and social security | 454/9 | €1,065 | €1,030 | -€35 | -3.3% |
| Other amounts payable | 47/48 | €1,481 | €1,481 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €36,094 | €25,688 | -€10,406 | -28.8% |
| Other operating charges | 640/8 | €449 | €1,060 | +€611 | +136% |
| Gross operating margin | 9900 | €127,137 | €126,307 | -€831 | -0.7% |
| Operating profit (loss) | 9901 | €126,688 | €125,246 | -€1,442 | -1.1% |
| Financial income | 75/76B | - | €87,352 | +€87,352 | |
| Recurring financial income | 75 | - | €87,352 | +€87,352 | |
| Financial charges | 65/66B | €37,102 | €35,733 | -€1,369 | -3.7% |
| Recurring financial charges | 65 | €37,102 | €35,733 | -€1,369 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €89,586 | €176,866 | +€87,279 | +97.4% |
| Income taxes | 67/77 | €22,728 | €22,725 | -€3 | 0.0% |
| Profit (loss) for the period | 9904 | €66,859 | €154,141 | +€87,282 | +131% |
| Profit (loss) for the period to be appropriated | 9905 | €66,859 | €154,141 | +€87,282 | +131% |
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.