HL CLEAN: 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.
HL CLEAN
Largest movements
- Receivables within one year +€66,247
up €66,247 (+58.6%), from €112,973 to €179,220
of which Trade receivables: +€65,604
- Cash -€20,873
down €20,873 (-59.3%), from €35,216 to €14,343
mainly Receivables within one year (-€66,247) and Net result for the year (-€55,878)
- Deferred charges and accrued income -€4,907
down €4,907 (-57.4%), from €8,554 to €3,648
- Tangible fixed assets +€3,524
up €3,524 (+77.4%), from €4,555 to €8,079
of which Plant, machinery and equipment: +€5,224
- Trade debts +€63,151
up €63,151 (+115%), from €55,057 to €118,207
- Profit (loss) carried forward -€55,878
down €55,878, from €52,656 to -€3,222
- Tax, wage and social debts +€36,744
up €36,744 (+173%), from €21,289 to €58,034
of which Remuneration and social security: +€34,728
- Staff costs +€83,218
up €83,218 (+89.6%), from €92,897 to €176,115
- Purchases and services -€32,780
down €32,780 (-4.1%), from €805,695 to €772,915
- Gross operating margin +€28,453
up €28,453 (+28.4%), from €100,042 to €128,494
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 | €161,299 | €205,291 | +€43,992 | +27.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €4,555 | €8,079 | +€3,524 | +77.4% |
| Tangible fixed assets | 22/27 | €4,555 | €8,079 | +€3,524 | +77.4% |
| Plant, machinery and equipment | 23 | €0 | €5,224 | +€5,224 | |
| Furniture and vehicles | 24 | €4,555 | €2,855 | -€1,700 | -37.3% |
| Current assets | 29/58 | €156,744 | €197,211 | +€40,468 | +25.8% |
| Amounts receivable within one year | 40/41 | €112,973 | €179,220 | +€66,247 | +58.6% |
| Trade receivables | 40 | €108,154 | €173,759 | +€65,604 | +60.7% |
| Other amounts receivable | 41 | €4,819 | €5,462 | +€643 | +13.3% |
| Cash at bank and in hand | 54/58 | €35,216 | €14,343 | -€20,873 | -59.3% |
| Deferred charges and accrued income | 490/1 | €8,554 | €3,648 | -€4,907 | -57.4% |
| Total equity and liabilities | 10/49 | €161,299 | €205,291 | +€43,992 | +27.3% |
| Equity | 10/15 | €84,755 | €28,877 | -€55,878 | -65.9% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €13,100 | €13,100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,200 | €11,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,656 | -€3,222 | -€55,878 | |
| Amounts payable | 17/49 | €76,544 | €176,413 | +€99,870 | +130% |
| Amounts payable within one year | 42/48 | €76,346 | €176,413 | +€100,067 | +131% |
| Trade debts | 44 | €55,057 | €118,207 | +€63,151 | +115% |
| Suppliers | 440/4 | €55,057 | €118,207 | +€63,151 | +115% |
| Advances received on contracts in progress | 46 | - | €172 | +€172 | |
| Taxes, remuneration and social security | 45 | €21,289 | €58,034 | +€36,744 | +173% |
| Taxes | 450/3 | €11,506 | €13,522 | +€2,016 | +17.5% |
| Remuneration and social security | 454/9 | €9,783 | €44,511 | +€34,728 | +355% |
| Accrued charges and deferred income | 492/3 | €197 | - | -€197 | |
| Turnover | 70 | €903,687 | €898,028 | -€5,658 | -0.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €805,695 | €772,915 | -€32,780 | -4.1% |
| Remuneration, social security and pensions | 62 | €92,897 | €176,115 | +€83,218 | +89.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,021 | €2,226 | +€1,205 | +118% |
| Other operating charges | 640/8 | €5,742 | €5,953 | +€211 | +3.7% |
| Gross operating margin | 9900 | €100,042 | €128,494 | +€28,453 | +28.4% |
| Operating profit (loss) | 9901 | €382 | -€55,799 | -€56,181 | |
| Financial income | 75/76B | €844 | €294 | -€550 | -65.2% |
| Recurring financial income | 75 | €844 | €294 | -€550 | -65.2% |
| Financial charges | 65/66B | €326 | €232 | -€94 | -28.8% |
| Recurring financial charges | 65 | €326 | €232 | -€94 | -28.8% |
| Profit (loss) for the period before taxes | 9903 | €900 | -€55,737 | -€56,637 | |
| Income taxes | 67/77 | €2,442 | €141 | -€2,301 | -94.2% |
| Profit (loss) for the period | 9904 | -€1,542 | -€55,878 | -€54,336 | -3,524% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,542 | -€55,878 | -€54,336 | -3,524% |
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 13 October 2026 via checked.be.