HKB Belgium: 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.
HKB Belgium
Largest movements
- Receivables within one year +€2,760
up €2,760 (+689%), from €400 to €3,161
of which Trade receivables: +€3,120
- Cash -€85
down €85 (-27.0%), from €315 to €230
mainly Receivables within one year (-€2,760) and Net result for the year (-€1,664)
- Other debts +€4,150
up €4,150 (+91.9%), from €4,517 to €8,667
- Profit (loss) carried forward -€1,664
down €1,664 (-24.3%), from -€6,856 to -€8,520
- Trade debts +€189
up €189 (+9.2%), from €2,055 to €2,244
- Gross operating margin +€4,995
up €4,995 (+76.0%), from -€6,574 to -€1,579
- Other operating charges -€258
no longer reported in 2025 (was €258)
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 | €715 | €3,391 | +€2,675 | +374% |
| Current assets | 29/58 | €715 | €3,391 | +€2,675 | +374% |
| Amounts receivable within one year | 40/41 | €400 | €3,161 | +€2,760 | +689% |
| Trade receivables | 40 | - | €3,120 | +€3,120 | |
| Other amounts receivable | 41 | €400 | €41 | -€360 | -89.8% |
| Cash at bank and in hand | 54/58 | €315 | €230 | -€85 | -27.0% |
| Total equity and liabilities | 10/49 | €715 | €3,391 | +€2,675 | +374% |
| Equity | 10/15 | -€5,856 | -€7,520 | -€1,664 | -28.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,856 | -€8,520 | -€1,664 | -24.3% |
| Amounts payable | 17/49 | €6,571 | €10,911 | +€4,339 | +66.0% |
| Amounts payable within one year | 42/48 | €6,571 | €10,911 | +€4,339 | +66.0% |
| Trade debts | 44 | €2,055 | €2,244 | +€189 | +9.2% |
| Suppliers | 440/4 | €2,055 | €2,244 | +€189 | +9.2% |
| Other amounts payable | 47/48 | €4,517 | €8,667 | +€4,150 | +91.9% |
| Other operating charges | 640/8 | €258 | - | -€258 | |
| Gross operating margin | 9900 | -€6,574 | -€1,579 | +€4,995 | +76.0% |
| Operating profit (loss) | 9901 | -€6,832 | -€1,579 | +€5,253 | +76.9% |
| Financial charges | 65/66B | €24 | €85 | +€62 | +258% |
| Recurring financial charges | 65 | €24 | €85 | +€62 | +258% |
| Profit (loss) for the period before taxes | 9903 | -€6,856 | -€1,664 | +€5,192 | +75.7% |
| Profit (loss) for the period | 9904 | -€6,856 | -€1,664 | +€5,192 | +75.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,856 | -€1,664 | +€5,192 | +75.7% |
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 28 October 2026 via checked.be.