HiveCore: 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.
HiveCore
Largest movements
- Cash +€4,615
up €4,615 (+995.5%), from €464 to €5,078
mainly Other debts (+€5,452) and Net result for the year (+€2,399)
- Other debts +€5,452
up €5,452 (+376.4%), from €1,449 to €6,901
- Debts after one year -€3,792
down €3,792 (-20.2%), from €18,792 to €15,000
- Profit (loss) carried forward +€2,399
up €2,399 (+6.3%), from -€38,377 to -€35,978
- Tax, wage and social debts +€529
new in 2026: €529
- Gross operating margin +€3,306
up €3,306, from -€599 to €2,707
- Other operating charges -€96
down €96 (-28.3%), from €341 to €244
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.
Cash bridge derived
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 | €464 | €5,078 | +€4,615 | +995.5% |
| Current assets | 29/58 | €464 | €5,078 | +€4,615 | +995.5% |
| Cash at bank and in hand | 54/58 | €464 | €5,078 | +€4,615 | +995.5% |
| Total equity and liabilities | 10/49 | €464 | €5,078 | +€4,615 | +995.5% |
| Equity | 10/15 | -€19,777 | -€17,378 | +€2,399 | +12.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,377 | -€35,978 | +€2,399 | +6.3% |
| Amounts payable | 17/49 | €20,241 | €22,457 | +€2,216 | +10.9% |
| Amounts payable after more than one year | 17 | €18,792 | €15,000 | -€3,792 | -20.2% |
| Other amounts payable | 178/9 | €18,792 | €15,000 | -€3,792 | -20.2% |
| Amounts payable within one year | 42/48 | €1,449 | €7,457 | +€6,008 | +414.8% |
| Trade debts | 44 | - | €27 | +€27 | |
| Suppliers | 440/4 | - | €27 | +€27 | |
| Taxes, remuneration and social security | 45 | - | €529 | +€529 | |
| Taxes | 450/3 | - | €529 | +€529 | |
| Other amounts payable | 47/48 | €1,449 | €6,901 | +€5,452 | +376.4% |
| Other operating charges | 640/8 | €341 | €244 | -€96 | -28.3% |
| Gross operating margin | 9900 | -€599 | €2,707 | +€3,306 | |
| Operating profit (loss) | 9901 | -€939 | €2,463 | +€3,402 | |
| Financial charges | 65/66B | €51 | €65 | +€14 | +26.5% |
| Recurring financial charges | 65 | €51 | €65 | +€14 | +26.5% |
| Profit (loss) for the period before taxes | 9903 | -€990 | €2,399 | +€3,389 | |
| Profit (loss) for the period | 9904 | -€990 | €2,399 | +€3,389 | |
| Profit (loss) for the period to be appropriated | 9905 | -€990 | €2,399 | +€3,389 |
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 12 October 2026 via checked.be.