HM CONCEPT srl: 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.
HM CONCEPT srl
Largest movements
- Cash +€75,164
up €75,164 (+96.7%), from €77,732 to €152,896
mainly Receivables within one year (+€72,677) and Depreciation (+€46,632)
- Receivables within one year -€72,677
down €72,677 (-41.9%), from €173,514 to €100,837
of which Trade receivables: -€59,763
- Tangible fixed assets -€37,372
down €37,372 (-26.3%), from €141,874 to €104,502
of which Leasing and similar rights: -€33,946
- Trade debts -€44,783
down €44,783 (-57.5%), from €77,946 to €33,164
- Profit (loss) carried forward +€40,042
up €40,042 (+22.8%), from €175,819 to €215,862
- Debts after one year -€32,211
down €32,211 (-42.9%), from €75,026 to €42,815
- Tax, wage and social debts +€4,901
up €4,901 (+23.0%), from €21,286 to €26,187
of which Remuneration and social security: +€3,233
- Gross operating margin +€11,835
up €11,835 (+3.3%), from €358,664 to €370,499
- Depreciation +€6,366
up €6,366 (+15.8%), from €40,266 to €46,632
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 | €403,083 | €367,305 | -€35,778 | -8.9% |
| Fixed assets | 21/28 | €145,362 | €107,990 | -€37,372 | -25.7% |
| Tangible fixed assets | 22/27 | €141,874 | €104,502 | -€37,372 | -26.3% |
| Plant, machinery and equipment | 23 | €7,169 | €9,615 | +€2,446 | +34.1% |
| Furniture and vehicles | 24 | €10,538 | €5,811 | -€4,727 | -44.9% |
| Leasing and similar rights | 25 | €121,081 | €87,134 | -€33,946 | -28.0% |
| Other tangible fixed assets | 26 | €3,087 | €1,941 | -€1,145 | -37.1% |
| Financial fixed assets | 28 | €3,488 | €3,488 | = | 0.0% |
| Current assets | 29/58 | €257,720 | €259,315 | +€1,594 | +0.6% |
| Amounts receivable within one year | 40/41 | €173,514 | €100,837 | -€72,677 | -41.9% |
| Trade receivables | 40 | €69,382 | €9,619 | -€59,763 | -86.1% |
| Other amounts receivable | 41 | €104,131 | €91,217 | -€12,914 | -12.4% |
| Cash at bank and in hand | 54/58 | €77,732 | €152,896 | +€75,164 | +96.7% |
| Deferred charges and accrued income | 490/1 | €6,475 | €5,582 | -€893 | -13.8% |
| Total equity and liabilities | 10/49 | €403,083 | €367,305 | -€35,778 | -8.9% |
| Equity | 10/15 | €185,819 | €225,862 | +€40,042 | +21.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €175,819 | €215,862 | +€40,042 | +22.8% |
| Provisions and deferred taxes | 16 | €3,000 | €3,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €3,000 | €3,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable | 17/49 | €214,263 | €138,443 | -€75,820 | -35.4% |
| Amounts payable after more than one year | 17 | €75,026 | €42,815 | -€32,211 | -42.9% |
| Financial debts | 170/4 | €75,026 | €42,815 | -€32,211 | -42.9% |
| Amounts payable within one year | 42/48 | €139,151 | €95,532 | -€43,620 | -31.3% |
| Current portion of amounts payable after more than one year | 42 | €39,919 | €36,181 | -€3,738 | -9.4% |
| Trade debts | 44 | €77,946 | €33,164 | -€44,783 | -57.5% |
| Suppliers | 440/4 | €77,946 | €33,164 | -€44,783 | -57.5% |
| Taxes, remuneration and social security | 45 | €21,286 | €26,187 | +€4,901 | +23.0% |
| Taxes | 450/3 | €4,316 | €5,984 | +€1,667 | +38.6% |
| Remuneration and social security | 454/9 | €16,969 | €20,203 | +€3,233 | +19.1% |
| Accrued charges and deferred income | 492/3 | €86 | €96 | +€10 | +11.9% |
| Non-recurring operating income | 76A | €34,752 | €20,178 | -€14,574 | -41.9% |
| Remuneration, social security and pensions | 62 | €269,623 | €273,182 | +€3,559 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,266 | €46,632 | +€6,366 | +15.8% |
| Other operating charges | 640/8 | €4,149 | €4,634 | +€485 | +11.7% |
| Non-recurring operating charges | 66A | - | €50 | +€50 | |
| Gross operating margin | 9900 | €358,664 | €370,499 | +€11,835 | +3.3% |
| Operating profit (loss) | 9901 | €44,626 | €46,002 | +€1,376 | +3.1% |
| Financial income | 75/76B | €113 | €333 | +€220 | +194% |
| Recurring financial income | 75 | €113 | €333 | +€220 | +194% |
| Financial charges | 65/66B | €4,551 | €3,992 | -€559 | -12.3% |
| Recurring financial charges | 65 | €4,551 | €3,992 | -€559 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | €40,189 | €42,343 | +€2,154 | +5.4% |
| Income taxes | 67/77 | €3,218 | €2,300 | -€918 | -28.5% |
| Profit (loss) for the period | 9904 | €36,970 | €40,042 | +€3,072 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €36,970 | €40,042 | +€3,072 | +8.3% |
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 17 October 2026 via checked.be.