HLM - INFORMATICS: 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.
HLM - INFORMATICS
Largest movements
- Cash -€124,828
down €124,828 (-82.5%), from €151,354 to €26,526
mainly Other debts (-€132,463) and Investment in fixed assets (net) (-€15,524)
- Receivables within one year +€9,591
up €9,591 (+72.0%), from €13,318 to €22,909
of which Trade receivables: +€9,549
- Tangible fixed assets -€7,832
down €7,832 (-4.6%), from €170,843 to €163,011
of which Land and buildings: -€10,391
- Other debts -€132,463
down €132,463 (-70.4%), from €188,260 to €55,797
- Reserves +€13,654
up €13,654 (+15.3%), from €89,296 to €102,950
- Accrued charges and deferred income -€9,892
down €9,892 (-79.8%), from €12,388 to €2,497
- Trade debts +€5,696
up €5,696 (+30.4%), from €18,726 to €24,422
- Financial charges -€9,048
down €9,048 (-77.3%), from €11,702 to €2,654
- Gross operating margin +€8,362
up €8,362 (+24.6%), from €33,943 to €42,305
- Taxes +€4,504
up €4,504, from -€4,372 to €131
- Depreciation +€3,040
up €3,040 (+15.0%), from €20,315 to €23,355
- Financial income -€595
down €595 (-46.7%), from €1,275 to €680
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 | €339,817 | €216,929 | -€122,888 | -36.2% |
| Fixed assets | 21/28 | €170,843 | €163,011 | -€7,832 | -4.6% |
| Tangible fixed assets | 22/27 | €170,843 | €163,011 | -€7,832 | -4.6% |
| Land and buildings | 22 | €133,966 | €123,576 | -€10,391 | -7.8% |
| Plant, machinery and equipment | 23 | €13,991 | €26,433 | +€12,442 | +88.9% |
| Furniture and vehicles | 24 | €22,886 | €13,003 | -€9,883 | -43.2% |
| Current assets | 29/58 | €168,974 | €53,918 | -€115,056 | -68.1% |
| Amounts receivable within one year | 40/41 | €13,318 | €22,909 | +€9,591 | +72.0% |
| Trade receivables | 40 | €13,318 | €22,867 | +€9,549 | +71.7% |
| Other amounts receivable | 41 | - | €42 | +€42 | |
| Cash at bank and in hand | 54/58 | €151,354 | €26,526 | -€124,828 | -82.5% |
| Deferred charges and accrued income | 490/1 | €4,302 | €4,483 | +€181 | +4.2% |
| Total equity and liabilities | 10/49 | €339,817 | €216,929 | -€122,888 | -36.2% |
| Equity | 10/15 | €112,577 | €124,854 | +€12,278 | +10.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €89,296 | €102,950 | +€13,654 | +15.3% |
| Distributable reserves | 133 | €89,296 | €102,950 | +€13,654 | +15.3% |
| Profit (loss) carried forward | 14 | €1,377 | €544 | -€833 | -60.5% |
| Investment grants | 15 | €3,303 | €2,760 | -€543 | -16.4% |
| Provisions and deferred taxes | 16 | €1,499 | €1,341 | -€158 | -10.5% |
| Deferred taxes | 168 | €1,499 | €1,341 | -€158 | -10.5% |
| Amounts payable | 17/49 | €225,742 | €90,734 | -€135,008 | -59.8% |
| Amounts payable within one year | 42/48 | €213,353 | €88,237 | -€125,116 | -58.6% |
| Trade debts | 44 | €18,726 | €24,422 | +€5,696 | +30.4% |
| Suppliers | 440/4 | €18,726 | €24,422 | +€5,696 | +30.4% |
| Taxes, remuneration and social security | 45 | €6,368 | €8,019 | +€1,651 | +25.9% |
| Taxes | 450/3 | €6,368 | €8,019 | +€1,651 | +25.9% |
| Other amounts payable | 47/48 | €188,260 | €55,797 | -€132,463 | -70.4% |
| Accrued charges and deferred income | 492/3 | €12,388 | €2,497 | -€9,892 | -79.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,315 | €23,355 | +€3,040 | +15.0% |
| Other operating charges | 640/8 | €3,193 | €3,349 | +€156 | +4.9% |
| Gross operating margin | 9900 | €33,943 | €42,305 | +€8,362 | +24.6% |
| Operating profit (loss) | 9901 | €10,436 | €15,601 | +€5,166 | +49.5% |
| Financial income | 75/76B | €1,275 | €680 | -€595 | -46.7% |
| Recurring financial income | 75 | €1,275 | €680 | -€595 | -46.7% |
| Financial charges | 65/66B | €11,702 | €2,654 | -€9,048 | -77.3% |
| Recurring financial charges | 65 | €11,702 | €2,654 | -€9,048 | -77.3% |
| Profit (loss) for the period before taxes | 9903 | €9 | €13,627 | +€13,619 | +154,932% |
| Transfer from deferred taxes | 780 | €158 | €158 | = | 0.0% |
| Income taxes | 67/77 | -€4,372 | €131 | +€4,504 | |
| Profit (loss) for the period | 9904 | €4,539 | €13,654 | +€9,115 | +201% |
| Profit (loss) for the period to be appropriated | 9905 | €4,539 | €13,654 | +€9,115 | +201% |
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 14 October 2026 via checked.be.