HJ CONCEPT: 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.
HJ CONCEPT
Largest movements
- Cash +€74,877
up €74,877 (+51.8%), from €144,596 to €219,473
mainly Net result for the year (+€53,465) and Other debts (+€23,972)
- Receivables within one year +€17,538
up €17,538 (+94.3%), from €18,591 to €36,129
of which Trade receivables: +€14,469
- Tangible fixed assets -€17,280
down €17,280 (-41.3%), from €41,859 to €24,578
of which Furniture and vehicles: -€17,280
- Other debts +€23,972
up €23,972 (+397.7%), from €6,028 to €30,000
- Reserves +€23,400
up €23,400 (+19.0%), from €123,060 to €146,460
of which Distributable reserves: +€23,400
- Trade debts +€13,852
up €13,852 (+1043.0%), from €1,328 to €15,180
- Tax, wage and social debts +€13,638
up €13,638 (+82.7%), from €16,498 to €30,135
- Taxes +€15,024
up €15,024 (+97.8%), from €15,361 to €30,385
- Gross operating margin +€3,339
up €3,339 (+3.4%), from €98,657 to €101,996
- Other operating charges -€2,576
down €2,576 (-64.6%), from €3,989 to €1,413
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 | €355,816 | €430,494 | +€74,678 | +21.0% |
| Fixed assets | 21/28 | €41,859 | €24,578 | -€17,280 | -41.3% |
| Tangible fixed assets | 22/27 | €41,859 | €24,578 | -€17,280 | -41.3% |
| Furniture and vehicles | 24 | €37,459 | €20,178 | -€17,280 | -46.1% |
| Other tangible fixed assets | 26 | €4,400 | €4,400 | = | 0.0% |
| Current assets | 29/58 | €313,958 | €405,916 | +€91,958 | +29.3% |
| Amounts receivable within one year | 40/41 | €18,591 | €36,129 | +€17,538 | +94.3% |
| Trade receivables | 40 | €17,666 | €32,135 | +€14,469 | +81.9% |
| Other amounts receivable | 41 | €925 | €3,994 | +€3,069 | +331.9% |
| Current investments | 50/53 | €150,000 | €150,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €144,596 | €219,473 | +€74,877 | +51.8% |
| Deferred charges and accrued income | 490/1 | €771 | €313 | -€458 | -59.4% |
| Total equity and liabilities | 10/49 | €355,816 | €430,494 | +€74,678 | +21.0% |
| Equity | 10/15 | €331,714 | €355,179 | +€23,465 | +7.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €123,060 | €146,460 | +€23,400 | +19.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €121,200 | €144,600 | +€23,400 | +19.3% |
| Profit (loss) carried forward | 14 | €202,454 | €202,519 | +€65 | 0.0% |
| Amounts payable | 17/49 | €24,102 | €75,315 | +€51,213 | +212.5% |
| Amounts payable within one year | 42/48 | €23,853 | €75,315 | +€51,462 | +215.7% |
| Trade debts | 44 | €1,328 | €15,180 | +€13,852 | +1043.0% |
| Suppliers | 440/4 | €1,328 | €15,180 | +€13,852 | +1043.0% |
| Taxes, remuneration and social security | 45 | €16,498 | €30,135 | +€13,638 | +82.7% |
| Taxes | 450/3 | €16,498 | €30,135 | +€13,638 | +82.7% |
| Other amounts payable | 47/48 | €6,028 | €30,000 | +€23,972 | +397.7% |
| Accrued charges and deferred income | 492/3 | €249 | - | -€249 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,119 | €17,280 | +€161 | +0.9% |
| Other operating charges | 640/8 | €3,989 | €1,413 | -€2,576 | -64.6% |
| Non-recurring operating charges | 66A | €155 | - | -€155 | |
| Gross operating margin | 9900 | €98,657 | €101,996 | +€3,339 | +3.4% |
| Operating profit (loss) | 9901 | €77,394 | €83,303 | +€5,908 | +7.6% |
| Financial income | 75/76B | €505 | €1,034 | +€529 | +104.6% |
| Recurring financial income | 75 | €505 | €1,034 | +€529 | +104.6% |
| Financial charges | 65/66B | €512 | €487 | -€25 | -4.9% |
| Recurring financial charges | 65 | €512 | €487 | -€25 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €77,388 | €83,850 | +€6,462 | +8.4% |
| Income taxes | 67/77 | €15,361 | €30,385 | +€15,024 | +97.8% |
| Profit (loss) for the period | 9904 | €62,027 | €53,465 | -€8,562 | -13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €62,027 | €53,465 | -€8,562 | -13.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.