HLP-TECH: 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.
HLP-TECH
Largest movements
- Stocks and contracts -€54,283
down €54,283 (-65.6%), from €82,739 to €28,456
- Receivables within one year +€36,996
up €36,996 (+321%), from €11,537 to €48,533
of which Other amounts receivable: +€30,604
- Deferred charges and accrued income -€3,666
no longer reported in 2025 (was €3,666)
- Tangible fixed assets +€2,930
up €2,930 (+9.3%), from €31,380 to €34,310
of which Plant, machinery and equipment: +€9,170
- Cash +€2,110
up €2,110 (+76.1%), from €2,773 to €4,884
mainly Stocks and contracts (+€54,283) and Accrued charges and deferred income (+€16,275)
- Trade debts -€18,869
down €18,869 (-44.2%), from €42,699 to €23,831
- Accrued charges and deferred income +€16,275
up €16,275 (+183%), from €8,883 to €25,158
- Other debts -€12,724
down €12,724 (-34.6%), from €36,741 to €24,017
- Debts after one year -€5,447
down €5,447 (-23.8%), from €22,878 to €17,431
- Tax, wage and social debts +€4,293
up €4,293 (+89.1%), from €4,817 to €9,110
- Taxes +€3,421
up €3,421 (+120%), from €2,842 to €6,263
- Other operating charges -€1,693
down €1,693 (-26.7%), from €6,332 to €4,640
- Financial charges +€929
up €929 (+107%), from €871 to €1,800
- Gross operating margin -€878
down €878 (-3.6%), from €24,071 to €23,193
- Depreciation +€412
up €412 (+4.2%), from €9,852 to €10,264
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 | €143,795 | €127,883 | -€15,912 | -11.1% |
| Fixed assets | 21/28 | €43,080 | €46,010 | +€2,930 | +6.8% |
| Tangible fixed assets | 22/27 | €31,380 | €34,310 | +€2,930 | +9.3% |
| Plant, machinery and equipment | 23 | €704 | €9,874 | +€9,170 | +1,302% |
| Furniture and vehicles | 24 | €29,129 | €23,614 | -€5,515 | -18.9% |
| Other tangible fixed assets | 26 | €1,546 | €822 | -€724 | -46.8% |
| Financial fixed assets | 28 | €11,700 | €11,700 | = | 0.0% |
| Current assets | 29/58 | €100,715 | €81,873 | -€18,842 | -18.7% |
| Stocks and contracts in progress | 3 | €82,739 | €28,456 | -€54,283 | -65.6% |
| Stocks | 30/36 | €82,739 | €28,456 | -€54,283 | -65.6% |
| Amounts receivable within one year | 40/41 | €11,537 | €48,533 | +€36,996 | +321% |
| Trade receivables | 40 | €11,537 | €17,929 | +€6,392 | +55.4% |
| Other amounts receivable | 41 | - | €30,604 | +€30,604 | |
| Cash at bank and in hand | 54/58 | €2,773 | €4,884 | +€2,110 | +76.1% |
| Deferred charges and accrued income | 490/1 | €3,666 | - | -€3,666 | |
| Total equity and liabilities | 10/49 | €143,795 | €127,883 | -€15,912 | -11.1% |
| Equity | 10/15 | €22,662 | €22,889 | +€228 | +1.0% |
| Contributions | 10/11 | €11,200 | €11,200 | = | 0.0% |
| Capital | 10 | €11,200 | €11,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €7,400 | €7,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,602 | €9,829 | +€228 | +2.4% |
| Amounts payable | 17/49 | €121,134 | €104,994 | -€16,140 | -13.3% |
| Amounts payable after more than one year | 17 | €22,878 | €17,431 | -€5,447 | -23.8% |
| Financial debts | 170/4 | €22,878 | €17,431 | -€5,447 | -23.8% |
| Amounts payable within one year | 42/48 | €89,373 | €62,405 | -€26,968 | -30.2% |
| Current portion of amounts payable after more than one year | 42 | €5,115 | €5,447 | +€332 | +6.5% |
| Trade debts | 44 | €42,699 | €23,831 | -€18,869 | -44.2% |
| Suppliers | 440/4 | €42,699 | €23,831 | -€18,869 | -44.2% |
| Taxes, remuneration and social security | 45 | €4,817 | €9,110 | +€4,293 | +89.1% |
| Taxes | 450/3 | €4,817 | €9,110 | +€4,293 | +89.1% |
| Other amounts payable | 47/48 | €36,741 | €24,017 | -€12,724 | -34.6% |
| Accrued charges and deferred income | 492/3 | €8,883 | €25,158 | +€16,275 | +183% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,852 | €10,264 | +€412 | +4.2% |
| Other operating charges | 640/8 | €6,332 | €4,640 | -€1,693 | -26.7% |
| Gross operating margin | 9900 | €24,071 | €23,193 | -€878 | -3.6% |
| Operating profit (loss) | 9901 | €7,887 | €8,288 | +€402 | +5.1% |
| Financial income | 75/76B | €69 | €2 | -€67 | -97.0% |
| Recurring financial income | 75 | €69 | €2 | -€67 | -97.0% |
| Financial charges | 65/66B | €871 | €1,800 | +€929 | +107% |
| Recurring financial charges | 65 | €871 | €1,800 | +€929 | +107% |
| Profit (loss) for the period before taxes | 9903 | €7,084 | €6,491 | -€594 | -8.4% |
| Income taxes | 67/77 | €2,842 | €6,263 | +€3,421 | +120% |
| Profit (loss) for the period | 9904 | €4,243 | €228 | -€4,015 | -94.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,243 | €228 | -€4,015 | -94.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.