HM-INSIGHT: 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.
HM-INSIGHT
Largest movements
- Cash +€2,678
up €2,678 (+639.0%), from €419 to €3,097
mainly Other debts (+€3,425) and Trade debts (+€895)
- Receivables within one year +€1,182
up €1,182 (+18.7%), from €6,324 to €7,506
of which Trade receivables: +€2,666
- Other debts +€3,425
up €3,425 (+47.0%), from €7,292 to €10,717
- Trade debts +€895
up €895 (+42.3%), from €2,116 to €3,010
- Profit (loss) carried forward -€566
down €566 (-11.0%), from -€5,141 to -€5,707
- Tax, wage and social debts +€128
new in 2025: €128
- Gross operating margin +€2,071
up €2,071 (+81.7%), from -€2,535 to -€464
- Financial charges -€141
down €141 (-58.1%), from €242 to €102
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 | €6,743 | €10,624 | +€3,881 | +57.6% |
| Current assets | 29/58 | €6,743 | €10,624 | +€3,881 | +57.6% |
| Amounts receivable within one year | 40/41 | €6,324 | €7,506 | +€1,182 | +18.7% |
| Trade receivables | 40 | €4,235 | €6,901 | +€2,666 | +63.0% |
| Other amounts receivable | 41 | €2,089 | €605 | -€1,484 | -71.0% |
| Cash at bank and in hand | 54/58 | €419 | €3,097 | +€2,678 | +639.0% |
| Deferred charges and accrued income | 490/1 | - | €21 | +€21 | |
| Total equity and liabilities | 10/49 | €6,743 | €10,624 | +€3,881 | +57.6% |
| Equity | 10/15 | -€2,664 | -€3,230 | -€566 | -21.2% |
| Contributions | 10/11 | €2,477 | €2,477 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,141 | -€5,707 | -€566 | -11.0% |
| Amounts payable | 17/49 | €9,407 | €13,854 | +€4,447 | +47.3% |
| Amounts payable within one year | 42/48 | €9,407 | €13,854 | +€4,447 | +47.3% |
| Trade debts | 44 | €2,116 | €3,010 | +€895 | +42.3% |
| Suppliers | 440/4 | €2,116 | €3,010 | +€895 | +42.3% |
| Taxes, remuneration and social security | 45 | - | €128 | +€128 | |
| Taxes | 450/3 | - | €128 | +€128 | |
| Other amounts payable | 47/48 | €7,292 | €10,717 | +€3,425 | +47.0% |
| Gross operating margin | 9900 | -€2,535 | -€464 | +€2,071 | +81.7% |
| Operating profit (loss) | 9901 | -€2,535 | -€464 | +€2,071 | +81.7% |
| Financial charges | 65/66B | €242 | €102 | -€141 | -58.1% |
| Recurring financial charges | 65 | €242 | €102 | -€141 | -58.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,778 | -€566 | +€2,212 | +79.6% |
| Profit (loss) for the period | 9904 | -€2,778 | -€566 | +€2,212 | +79.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,778 | -€566 | +€2,212 | +79.6% |
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 28 September 2026 via checked.be.