HM Piscines: 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 Piscines
Largest movements
- Cash -€4,356
down €4,356 (-40.9%), from €10,662 to €6,306
mainly Net result for the year (-€8,276) and Deferred charges and accrued income (-€933)
- Receivables within one year -€2,855
down €2,855 (-81.3%), from €3,510 to €655
of which Other amounts receivable: -€2,302
- Deferred charges and accrued income +€933
up €933 (+119%), from €781 to €1,713
- Tangible fixed assets -€476
down €476 (-39.9%), from €1,192 to €716
of which Plant, machinery and equipment: -€281
- Profit (loss) carried forward -€8,276
down €8,276, from €5,854 to -€2,422
- Trade debts +€2,064
up €2,064 (+131%), from €1,580 to €3,644
- Tax, wage and social debts -€542
no longer reported in 2025 (was €542)
- Depreciation -€3,929
down €3,929 (-89.2%), from €4,405 to €476
- Gross operating margin -€1,018
down €1,018 (-15.8%), from -€6,458 to -€7,476
- Other operating charges -€387
down €387 (-75.2%), from €515 to €128
- Financial charges -€240
down €240 (-54.8%), from €438 to €198
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 | €16,145 | €9,391 | -€6,754 | -41.8% |
| Fixed assets | 21/28 | €1,192 | €716 | -€476 | -39.9% |
| Tangible fixed assets | 22/27 | €1,192 | €716 | -€476 | -39.9% |
| Plant, machinery and equipment | 23 | €819 | €538 | -€281 | -34.3% |
| Furniture and vehicles | 24 | €373 | €178 | -€195 | -52.2% |
| Current assets | 29/58 | €14,953 | €8,674 | -€6,278 | -42.0% |
| Amounts receivable within one year | 40/41 | €3,510 | €655 | -€2,855 | -81.3% |
| Trade receivables | 40 | €1,189 | €636 | -€554 | -46.5% |
| Other amounts receivable | 41 | €2,321 | €19 | -€2,302 | -99.2% |
| Cash at bank and in hand | 54/58 | €10,662 | €6,306 | -€4,356 | -40.9% |
| Deferred charges and accrued income | 490/1 | €781 | €1,713 | +€933 | +119% |
| Total equity and liabilities | 10/49 | €16,145 | €9,391 | -€6,754 | -41.8% |
| Equity | 10/15 | €13,914 | €5,638 | -€8,276 | -59.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,854 | -€2,422 | -€8,276 | |
| Amounts payable | 17/49 | €2,230 | €3,752 | +€1,522 | +68.2% |
| Amounts payable within one year | 42/48 | €2,122 | €3,644 | +€1,522 | +71.7% |
| Trade debts | 44 | €1,580 | €3,644 | +€2,064 | +131% |
| Suppliers | 440/4 | €1,580 | €3,644 | +€2,064 | +131% |
| Taxes, remuneration and social security | 45 | €542 | - | -€542 | |
| Taxes | 450/3 | €542 | - | -€542 | |
| Accrued charges and deferred income | 492/3 | €108 | €108 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,405 | €476 | -€3,929 | -89.2% |
| Other operating charges | 640/8 | €515 | €128 | -€387 | -75.2% |
| Gross operating margin | 9900 | -€6,458 | -€7,476 | -€1,018 | -15.8% |
| Operating profit (loss) | 9901 | -€11,378 | -€8,079 | +€3,299 | +29.0% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €438 | €198 | -€240 | -54.8% |
| Recurring financial charges | 65 | €438 | €198 | -€240 | -54.8% |
| Profit (loss) for the period before taxes | 9903 | -€11,816 | -€8,276 | +€3,540 | +30.0% |
| Profit (loss) for the period | 9904 | -€11,816 | -€8,276 | +€3,540 | +30.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,816 | -€8,276 | +€3,540 | +30.0% |
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 22 October 2026 via checked.be.