HL Tek: 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 Tek
Largest movements
- Receivables within one year +€27,137
up €27,137 (+516.2%), from €5,257 to €32,393
of which Trade receivables: +€28,255
- Cash +€2,570
up €2,570 (+28.1%), from €9,152 to €11,722
mainly Net result for the year (+€17,590) and Other debts (+€9,035)
- Profit (loss) carried forward +€17,590
up €17,590 (+58.7%), from -€29,943 to -€12,353
- Other debts +€9,035
new in 2025: €9,035
- Tax, wage and social debts +€4,693
new in 2025: €4,693
of which Remuneration and social security: +€2,800
- Trade debts -€1,611
down €1,611 (-5.6%), from €28,703 to €27,092
- Gross operating margin +€25,451
up €25,451, from -€3,681 to €21,770
- Depreciation -€4,983
no longer reported in 2025 (was €4,983)
- Other operating charges +€1,933
up €1,933 (+623.0%), from €310 to €2,244
- Financial charges +€1,149
up €1,149 (+237.6%), from €483 to €1,632
- Staff costs +€304
new in 2025: €304
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 | €14,514 | €44,220 | +€29,707 | +204.7% |
| Fixed assets | 21/28 | €105 | €105 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €14,409 | €44,115 | +€29,707 | +206.2% |
| Amounts receivable within one year | 40/41 | €5,257 | €32,393 | +€27,137 | +516.2% |
| Trade receivables | 40 | €4,138 | €32,393 | +€28,255 | +682.9% |
| Other amounts receivable | 41 | €1,119 | - | -€1,119 | |
| Cash at bank and in hand | 54/58 | €9,152 | €11,722 | +€2,570 | +28.1% |
| Total equity and liabilities | 10/49 | €14,514 | €44,220 | +€29,707 | +204.7% |
| Equity | 10/15 | -€24,943 | -€7,353 | +€17,590 | +70.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €5,000 | +€5,000 | |
| Other | 1109/19 | - | €5,000 | +€5,000 | |
| Profit (loss) carried forward | 14 | -€29,943 | -€12,353 | +€17,590 | +58.7% |
| Amounts payable | 17/49 | €39,457 | €51,573 | +€12,117 | +30.7% |
| Amounts payable after more than one year | 17 | €10,753 | €10,753 | = | 0.0% |
| Other amounts payable | 178/9 | €10,753 | €10,753 | = | 0.0% |
| Amounts payable within one year | 42/48 | €28,703 | €40,820 | +€12,117 | +42.2% |
| Trade debts | 44 | €28,703 | €27,092 | -€1,611 | -5.6% |
| Suppliers | 440/4 | €28,703 | €27,092 | -€1,611 | -5.6% |
| Taxes, remuneration and social security | 45 | - | €4,693 | +€4,693 | |
| Taxes | 450/3 | - | €1,893 | +€1,893 | |
| Remuneration and social security | 454/9 | - | €2,800 | +€2,800 | |
| Other amounts payable | 47/48 | - | €9,035 | +€9,035 | |
| Remuneration, social security and pensions | 62 | - | €304 | +€304 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,983 | - | -€4,983 | |
| Other operating charges | 640/8 | €310 | €2,244 | +€1,933 | +623.0% |
| Gross operating margin | 9900 | -€3,681 | €21,770 | +€25,451 | |
| Operating profit (loss) | 9901 | -€8,974 | €19,222 | +€28,196 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -95.9% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -95.9% |
| Financial charges | 65/66B | €483 | €1,632 | +€1,149 | +237.6% |
| Recurring financial charges | 65 | €483 | €1,632 | +€1,149 | +237.6% |
| Profit (loss) for the period before taxes | 9903 | -€9,457 | €17,590 | +€27,047 | |
| Profit (loss) for the period | 9904 | -€9,457 | €17,590 | +€27,047 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,457 | €17,590 | +€27,047 |
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 12 October 2026 via checked.be.