HMA SERVICES: 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.
HMA SERVICES
Largest movements
- Cash -€6,486
down €6,486 (-99.6%), from €6,514 to €29
mainly Investment in fixed assets (net) (-€9,050) and Net result for the year (-€5,605)
- Tangible fixed assets +€6,033
up €6,033, from €0 to €6,033
of which Furniture and vehicles: +€6,033
- Receivables within one year -€4,012
down €4,012 (-67.0%), from €5,985 to €1,973
of which Trade receivables: -€4,661
- Profit (loss) carried forward -€5,605
down €5,605, from €556 to -€5,049
- Trade debts +€1,631
new in 2025: €1,631
- Tax, wage and social debts -€611
down €611 (-81.5%), from €750 to €139
- Gross operating margin -€7,118
down €7,118, from €5,486 to -€1,632
- Staff costs -€4,248
no longer reported in 2025 (was €4,248)
- Depreciation +€3,017
up €3,017 (+2513.8%), from €120 to €3,137
- Other operating charges +€391
up €391 (+97.5%), from €401 to €791
- Taxes -€139
no longer reported in 2025 (was €139)
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 | €14,305 | €9,721 | -€4,585 | -32.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,080 | €6,993 | +€5,913 | +547.5% |
| Intangible fixed assets | 21 | €1,080 | €960 | -€120 | -11.1% |
| Tangible fixed assets | 22/27 | €0 | €6,033 | +€6,033 | |
| Land and buildings | 22 | €0 | - | = | |
| Furniture and vehicles | 24 | - | €6,033 | +€6,033 | |
| Current assets | 29/58 | €13,225 | €2,728 | -€10,498 | -79.4% |
| Amounts receivable within one year | 40/41 | €5,985 | €1,973 | -€4,012 | -67.0% |
| Trade receivables | 40 | €5,985 | €1,324 | -€4,661 | -77.9% |
| Other amounts receivable | 41 | - | €649 | +€649 | |
| Cash at bank and in hand | 54/58 | €6,514 | €29 | -€6,486 | -99.6% |
| Deferred charges and accrued income | 490/1 | €726 | €726 | = | 0.0% |
| Total equity and liabilities | 10/49 | €14,305 | €9,721 | -€4,585 | -32.0% |
| Equity | 10/15 | €13,556 | €7,951 | -€5,605 | -41.3% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €556 | -€5,049 | -€5,605 | |
| Amounts payable | 17/49 | €750 | €1,769 | +€1,020 | +136.1% |
| Amounts payable within one year | 42/48 | €750 | €1,769 | +€1,020 | +136.1% |
| Trade debts | 44 | - | €1,631 | +€1,631 | |
| Suppliers | 440/4 | - | €1,631 | +€1,631 | |
| Taxes, remuneration and social security | 45 | €750 | €139 | -€611 | -81.5% |
| Taxes | 450/3 | €750 | €139 | -€611 | -81.5% |
| Remuneration, social security and pensions | 62 | €4,248 | - | -€4,248 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €120 | €3,137 | +€3,017 | +2513.8% |
| Other operating charges | 640/8 | €401 | €791 | +€391 | +97.5% |
| Gross operating margin | 9900 | €5,486 | -€1,632 | -€7,118 | |
| Operating profit (loss) | 9901 | €717 | -€5,560 | -€6,277 | |
| Financial charges | 65/66B | €23 | €45 | +€23 | +100.0% |
| Recurring financial charges | 65 | €23 | €45 | +€23 | +100.0% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €695 | -€5,605 | -€6,300 | |
| Income taxes | 67/77 | €139 | - | -€139 | |
| Profit (loss) for the period | 9904 | €556 | -€5,605 | -€6,161 | |
| Profit (loss) for the period to be appropriated | 9905 | €556 | -€5,605 | -€6,161 |
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 11 October 2026 via checked.be.