HL Solutions: 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.
HL Solutions
Largest movements
- Stocks and contracts -€5,379
down €5,379 (-5.4%), from €99,350 to €93,971
- Trade debts -€7,657
down €7,657 (-25.1%), from €30,469 to €22,813
- Profit (loss) carried forward +€4,522
up €4,522 (+2.5%), from -€180,666 to -€176,144
- Debts after one year -€4,258
down €4,258 (-1.2%), from €342,435 to €338,177
- Tax, wage and social debts +€2,196
up €2,196 (+329.7%), from €666 to €2,862
- Gross operating margin +€4,343
up €4,343 (+176.3%), from €2,463 to €6,806
- Other operating charges +€421
up €421 (+28.5%), from €1,479 to €1,901
- Financial charges +€208
up €208 (+118.6%), from €175 to €383
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 | €219,154 | €213,958 | -€5,196 | -2.4% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €219,154 | €213,958 | -€5,196 | -2.4% |
| Stocks and contracts in progress | 3 | €99,350 | €93,971 | -€5,379 | -5.4% |
| Stocks | 30/36 | €99,350 | €93,971 | -€5,379 | -5.4% |
| Amounts receivable within one year | 40/41 | €112,266 | €110,827 | -€1,439 | -1.3% |
| Trade receivables | 40 | €112,266 | €110,827 | -€1,439 | -1.3% |
| Cash at bank and in hand | 54/58 | €538 | €2,160 | +€1,622 | +301.4% |
| Deferred charges and accrued income | 490/1 | €7,000 | €7,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €219,154 | €213,958 | -€5,196 | -2.4% |
| Equity | 10/15 | -€161,666 | -€157,144 | +€4,522 | +2.8% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€180,666 | -€176,144 | +€4,522 | +2.5% |
| Amounts payable | 17/49 | €380,820 | €371,102 | -€9,718 | -2.6% |
| Amounts payable after more than one year | 17 | €342,435 | €338,177 | -€4,258 | -1.2% |
| Financial debts | 170/4 | €342,435 | €338,177 | -€4,258 | -1.2% |
| Amounts payable within one year | 42/48 | €38,385 | €32,925 | -€5,460 | -14.2% |
| Trade debts | 44 | €30,469 | €22,813 | -€7,657 | -25.1% |
| Suppliers | 440/4 | €30,469 | €22,813 | -€7,657 | -25.1% |
| Taxes, remuneration and social security | 45 | €666 | €2,862 | +€2,196 | +329.7% |
| Taxes | 450/3 | €666 | €2,862 | +€2,196 | +329.7% |
| Other amounts payable | 47/48 | €7,250 | €7,250 | = | 0.0% |
| Other operating charges | 640/8 | €1,479 | €1,901 | +€421 | +28.5% |
| Gross operating margin | 9900 | €2,463 | €6,806 | +€4,343 | +176.3% |
| Operating profit (loss) | 9901 | €984 | €4,905 | +€3,922 | +398.7% |
| Financial charges | 65/66B | €175 | €383 | +€208 | +118.6% |
| Recurring financial charges | 65 | €175 | €383 | +€208 | +118.6% |
| Profit (loss) for the period before taxes | 9903 | €808 | €4,522 | +€3,714 | +459.4% |
| Profit (loss) for the period | 9904 | €808 | €4,522 | +€3,714 | +459.4% |
| Profit (loss) for the period to be appropriated | 9905 | €808 | €4,522 | +€3,714 | +459.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.