Hive: 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.
Hive
Largest movements
- Deferred charges and accrued income +€18,028
new in 2025: €18,028
- Receivables within one year +€10,000
new in 2025: €10,000
- Tangible fixed assets +€5,079
up €5,079 (+579.6%), from €876 to €5,955
- Cash -€4,273
down €4,273 (-55.8%), from €7,663 to €3,391
mainly Deferred charges and accrued income (-€18,028) and Receivables within one year (-€10,000)
- Debts after one year +€20,000
new in 2025: €20,000
- Tax, wage and social debts +€4,033
up €4,033 (+414.3%), from €973 to €5,006
- Trade debts +€2,209
up €2,209 (+613.0%), from €360 to €2,570
- Profit (loss) carried forward +€1,819
up €1,819 (+31.8%), from -€5,726 to -€3,907
- Other debts +€773
up €773 (+7.8%), from €9,932 to €10,705
- Gross operating margin +€10,712
up €10,712 (+1588.8%), from €674 to €11,386
- Other operating charges +€6,533
up €6,533 (+5536.7%), from €118 to €6,651
- Taxes +€1,292
up €1,292 (+604.9%), from €214 to €1,505
- Depreciation +€677
up €677 (+797.0%), from €85 to €762
- Financial charges -€127
down €127 (-16.4%), from €775 to €649
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 | €8,540 | €37,374 | +€28,834 | +337.7% |
| Fixed assets | 21/28 | €876 | €5,955 | +€5,079 | +579.6% |
| Tangible fixed assets | 22/27 | €876 | €5,955 | +€5,079 | +579.6% |
| Furniture and vehicles | 24 | €876 | €5,955 | +€5,079 | +579.6% |
| Current assets | 29/58 | €7,663 | €31,419 | +€23,755 | +310.0% |
| Amounts receivable within one year | 40/41 | - | €10,000 | +€10,000 | |
| Trade receivables | 40 | - | €10,000 | +€10,000 | |
| Cash at bank and in hand | 54/58 | €7,663 | €3,391 | -€4,273 | -55.8% |
| Deferred charges and accrued income | 490/1 | - | €18,028 | +€18,028 | |
| Total equity and liabilities | 10/49 | €8,540 | €37,374 | +€28,834 | +337.7% |
| Equity | 10/15 | -€2,726 | -€907 | +€1,819 | +66.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,726 | -€3,907 | +€1,819 | +31.8% |
| Amounts payable | 17/49 | €11,266 | €38,281 | +€27,015 | +239.8% |
| Amounts payable after more than one year | 17 | - | €20,000 | +€20,000 | |
| Other amounts payable | 178/9 | - | €20,000 | +€20,000 | |
| Amounts payable within one year | 42/48 | €11,266 | €18,281 | +€7,015 | +62.3% |
| Trade debts | 44 | €360 | €2,570 | +€2,209 | +613.0% |
| Suppliers | 440/4 | €360 | €2,570 | +€2,209 | +613.0% |
| Taxes, remuneration and social security | 45 | €973 | €5,006 | +€4,033 | +414.3% |
| Taxes | 450/3 | €973 | €5,006 | +€4,033 | +414.3% |
| Other amounts payable | 47/48 | €9,932 | €10,705 | +€773 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85 | €762 | +€677 | +797.0% |
| Other operating charges | 640/8 | €118 | €6,651 | +€6,533 | +5536.7% |
| Gross operating margin | 9900 | €674 | €11,386 | +€10,712 | +1588.8% |
| Operating profit (loss) | 9901 | €471 | €3,973 | +€3,502 | +743.0% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €775 | €649 | -€127 | -16.4% |
| Recurring financial charges | 65 | €775 | €649 | -€127 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | -€304 | €3,325 | +€3,629 | |
| Income taxes | 67/77 | €214 | €1,505 | +€1,292 | +604.9% |
| Profit (loss) for the period | 9904 | -€518 | €1,819 | +€2,337 | |
| Profit (loss) for the period to be appropriated | 9905 | -€518 | €1,819 | +€2,337 |
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 12 October 2026 via checked.be.