HLVC SOFT: 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.
HLVC SOFT
Largest movements
- Financial fixed assets +€424,747
up €424,747 (+39.8%), from €1.1m to €1.5m
- Cash +€23,506
up €23,506 (+124.6%), from €18,868 to €42,375
mainly Contributions, distributions and other (+€343,982) and Net result for the year (+€335,489)
- Revaluation surpluses +€343,982
new in 2025: €343,982
- Profit (loss) carried forward +€335,489
up €335,489 (+344.2%), from €97,470 to €432,959
- Debts after one year -€147,835
down €147,835 (-68.8%), from €214,835 to €67,000
- Other debts -€79,944
down €79,944 (-49.2%), from €162,386 to €82,443
- Financial income +€333,024
up €333,024 (+333024200.0%), from €0 to €333,024
of which Financial income: +€182,259
- Gross operating margin -€2,334
down €2,334 (-12.9%), from €18,071 to €15,737
- Taxes -€723
down €723 (-43.5%), from €1,660 to €937
- Financial charges +€474
up €474 (+4.4%), from €10,749 to €11,223
of which Financial charges: +€474
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 | €1,133,856 | €1,584,689 | +€450,833 | +39.8% |
| Fixed assets | 21/28 | €1,068,033 | €1,492,779 | +€424,747 | +39.8% |
| Financial fixed assets | 28 | €1,068,033 | €1,492,779 | +€424,747 | +39.8% |
| Current assets | 29/58 | €65,823 | €91,910 | +€26,086 | +39.6% |
| Amounts receivable within one year | 40/41 | €46,955 | €49,327 | +€2,373 | +5.1% |
| Trade receivables | 40 | €2,048 | €2,105 | +€57 | +2.8% |
| Other amounts receivable | 41 | €44,906 | €47,222 | +€2,316 | +5.2% |
| Cash at bank and in hand | 54/58 | €18,868 | €42,375 | +€23,506 | +124.6% |
| Deferred charges and accrued income | 490/1 | - | €208 | +€208 | |
| Total equity and liabilities | 10/49 | €1,133,856 | €1,584,689 | +€450,833 | +39.8% |
| Equity | 10/15 | €673,013 | €1,352,484 | +€679,471 | +101.0% |
| Contributions | 10/11 | €70,019 | €70,019 | = | 0.0% |
| Revaluation surpluses | 12 | - | €343,982 | +€343,982 | |
| Reserves | 13 | €505,524 | €505,524 | = | 0.0% |
| Distributable reserves | 133 | €505,524 | €505,524 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,470 | €432,959 | +€335,489 | +344.2% |
| Amounts payable | 17/49 | €460,843 | €232,205 | -€228,638 | -49.6% |
| Amounts payable after more than one year | 17 | €214,835 | €67,000 | -€147,835 | -68.8% |
| Financial debts | 170/4 | €214,835 | €67,000 | -€147,835 | -68.8% |
| Amounts payable within one year | 42/48 | €246,008 | €165,205 | -€80,803 | -32.8% |
| Current portion of amounts payable after more than one year | 42 | €80,833 | €80,835 | +€2 | 0.0% |
| Trade debts | 44 | €171 | €85 | -€86 | -50.3% |
| Suppliers | 440/4 | €171 | €85 | -€86 | -50.3% |
| Taxes, remuneration and social security | 45 | €2,617 | €1,842 | -€775 | -29.6% |
| Taxes | 450/3 | €2,617 | €1,842 | -€775 | -29.6% |
| Other amounts payable | 47/48 | €162,386 | €82,443 | -€79,944 | -49.2% |
| Other operating charges | 640/8 | €1,101 | €1,112 | +€11 | +1.0% |
| Gross operating margin | 9900 | €18,071 | €15,737 | -€2,334 | -12.9% |
| Operating profit (loss) | 9901 | €16,970 | €14,625 | -€2,345 | -13.8% |
| Financial income | 75/76B | €0 | €333,024 | +€333,024 | +333024200.0% |
| Recurring financial income | 75 | €0 | €182,259 | +€182,259 | +182259340.0% |
| Non-recurring financial income | 76B | - | €150,765 | +€150,765 | |
| Financial charges | 65/66B | €10,749 | €11,223 | +€474 | +4.4% |
| Recurring financial charges | 65 | €10,749 | €11,223 | +€474 | +4.4% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €6,221 | €336,426 | +€330,205 | +5307.7% |
| Income taxes | 67/77 | €1,660 | €937 | -€723 | -43.5% |
| Profit (loss) for the period | 9904 | €4,561 | €335,489 | +€330,928 | +7255.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,561 | €335,489 | +€330,928 | +7255.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.