HLM services: 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.
HLM services
Largest movements
- Cash +€16,300
up €16,300 (+101.0%), from €16,132 to €32,432
mainly Tax, wage and social debts (+€9,531) and Net result for the year (+€8,816)
- Tangible fixed assets -€3,220
down €3,220 (-76.8%), from €4,191 to €971
of which Furniture and vehicles: -€1,928
- Deferred charges and accrued income -€588
no longer reported in 2025 (was €588)
- Receivables within one year +€376
up €376 (+107.7%), from €349 to €726
of which Trade receivables: +€726
- Tax, wage and social debts +€9,531
new in 2025: €9,531
of which Remuneration and social security: +€4,776
- Reserves +€8,816
up €8,816 (+83.7%), from €10,535 to €19,351
- Trade debts -€4,637
down €4,637 (-94.5%), from €4,908 to €271
- Other debts -€841
down €841 (-17.5%), from €4,817 to €3,976
- Gross operating margin +€17,153
up €17,153, from -€1,591 to €15,562
- Taxes +€2,500
new in 2025: €2,500
- Other operating charges +€433
up €433 (+103.7%), from €417 to €851
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 | €21,261 | €34,129 | +€12,868 | +60.5% |
| Fixed assets | 21/28 | €4,191 | €971 | -€3,220 | -76.8% |
| Tangible fixed assets | 22/27 | €4,191 | €971 | -€3,220 | -76.8% |
| Plant, machinery and equipment | 23 | €2,184 | €892 | -€1,292 | -59.2% |
| Furniture and vehicles | 24 | €2,008 | €79 | -€1,928 | -96.1% |
| Current assets | 29/58 | €17,069 | €33,158 | +€16,088 | +94.3% |
| Amounts receivable within one year | 40/41 | €349 | €726 | +€376 | +107.7% |
| Trade receivables | 40 | - | €726 | +€726 | |
| Other amounts receivable | 41 | €349 | - | -€349 | |
| Cash at bank and in hand | 54/58 | €16,132 | €32,432 | +€16,300 | +101.0% |
| Deferred charges and accrued income | 490/1 | €588 | - | -€588 | |
| Total equity and liabilities | 10/49 | €21,261 | €34,129 | +€12,868 | +60.5% |
| Equity | 10/15 | €11,535 | €20,351 | +€8,816 | +76.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Outside capital | 11 | - | €1,000 | +€1,000 | |
| Other | 1109/19 | - | €1,000 | +€1,000 | |
| Reserves | 13 | €10,535 | €19,351 | +€8,816 | +83.7% |
| Distributable reserves | 133 | €10,535 | €19,351 | +€8,816 | +83.7% |
| Amounts payable | 17/49 | €9,726 | €13,778 | +€4,052 | +41.7% |
| Amounts payable within one year | 42/48 | €9,726 | €13,778 | +€4,052 | +41.7% |
| Trade debts | 44 | €4,908 | €271 | -€4,637 | -94.5% |
| Suppliers | 440/4 | €4,908 | €271 | -€4,637 | -94.5% |
| Taxes, remuneration and social security | 45 | - | €9,531 | +€9,531 | |
| Taxes | 450/3 | - | €4,755 | +€4,755 | |
| Remuneration and social security | 454/9 | - | €4,776 | +€4,776 | |
| Other amounts payable | 47/48 | €4,817 | €3,976 | -€841 | -17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,220 | €3,220 | = | 0.0% |
| Other operating charges | 640/8 | €417 | €851 | +€433 | +103.7% |
| Gross operating margin | 9900 | -€1,591 | €15,562 | +€17,153 | |
| Operating profit (loss) | 9901 | -€5,229 | €11,491 | +€16,720 | |
| Financial charges | 65/66B | €99 | €175 | +€76 | +76.3% |
| Recurring financial charges | 65 | €99 | €175 | +€76 | +76.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,329 | €11,316 | +€16,644 | |
| Income taxes | 67/77 | - | €2,500 | +€2,500 | |
| Profit (loss) for the period | 9904 | -€5,329 | €8,816 | +€14,144 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,329 | €8,816 | +€14,144 |
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 6 October 2026 via checked.be.