HMBM Services: 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.
HMBM Services
Largest movements
- Tangible fixed assets +€16,694
up €16,694 (+62.4%), from €26,772 to €43,466
of which Furniture and vehicles: +€28,733
- Receivables within one year -€10,816
down €10,816 (-78.1%), from €13,843 to €3,027
- Cash -€8,219
down €8,219 (-79.3%), from €10,363 to €2,144
mainly Investment in fixed assets (net) (-€30,000) and Debts after one year (-€8,121)
- Deferred charges and accrued income -€3,263
no longer reported in 2025 (was €3,263)
- Debts after one year -€8,121
down €8,121 (-35.2%), from €23,101 to €14,980
- Profit (loss) carried forward +€6,662
up €6,662 (+62.8%), from €10,608 to €17,270
- Tax, wage and social debts -€4,817
down €4,817 (-52.3%), from €9,212 to €4,396
- Other debts +€1,849
up €1,849 (+1684.2%), from €110 to €1,959
- Trade debts -€1,737
down €1,737 (-80.9%), from €2,148 to €411
- Gross operating margin +€11,052
up €11,052 (+74.0%), from €14,930 to €25,982
- Depreciation +€6,163
up €6,163 (+86.3%), from €7,144 to €13,306
- Taxes +€1,961
up €1,961 (+323.7%), from €606 to €2,566
- Other operating charges -€1,689
down €1,689 (-39.5%), from €4,273 to €2,585
- Financial income +€1,479
up €1,479 (+2958900.0%), from €0 to €1,480
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 | €54,241 | €48,637 | -€5,604 | -10.3% |
| Fixed assets | 21/28 | €26,772 | €43,466 | +€16,694 | +62.4% |
| Tangible fixed assets | 22/27 | €26,772 | €43,466 | +€16,694 | +62.4% |
| Furniture and vehicles | 24 | €1,628 | €30,361 | +€28,733 | +1765.2% |
| Leasing and similar rights | 25 | €25,145 | €13,105 | -€12,040 | -47.9% |
| Current assets | 29/58 | €27,469 | €5,171 | -€22,298 | -81.2% |
| Amounts receivable within one year | 40/41 | €13,843 | €3,027 | -€10,816 | -78.1% |
| Trade receivables | 40 | €13,843 | €3,027 | -€10,816 | -78.1% |
| Cash at bank and in hand | 54/58 | €10,363 | €2,144 | -€8,219 | -79.3% |
| Deferred charges and accrued income | 490/1 | €3,263 | - | -€3,263 | |
| Total equity and liabilities | 10/49 | €54,241 | €48,637 | -€5,604 | -10.3% |
| Equity | 10/15 | €12,108 | €18,770 | +€6,662 | +55.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,608 | €17,270 | +€6,662 | +62.8% |
| Amounts payable | 17/49 | €42,133 | €29,867 | -€12,266 | -29.1% |
| Amounts payable after more than one year | 17 | €23,101 | €14,980 | -€8,121 | -35.2% |
| Financial debts | 170/4 | €23,101 | €14,980 | -€8,121 | -35.2% |
| Amounts payable within one year | 42/48 | €19,032 | €14,887 | -€4,145 | -21.8% |
| Current portion of amounts payable after more than one year | 42 | €7,562 | €8,121 | +€560 | +7.4% |
| Trade debts | 44 | €2,148 | €411 | -€1,737 | -80.9% |
| Suppliers | 440/4 | €2,148 | €411 | -€1,737 | -80.9% |
| Taxes, remuneration and social security | 45 | €9,212 | €4,396 | -€4,817 | -52.3% |
| Taxes | 450/3 | €9,212 | €4,396 | -€4,817 | -52.3% |
| Other amounts payable | 47/48 | €110 | €1,959 | +€1,849 | +1684.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,144 | €13,306 | +€6,163 | +86.3% |
| Other operating charges | 640/8 | €4,273 | €2,585 | -€1,689 | -39.5% |
| Gross operating margin | 9900 | €14,930 | €25,982 | +€11,052 | +74.0% |
| Operating profit (loss) | 9901 | €3,514 | €10,091 | +€6,578 | +187.2% |
| Financial income | 75/76B | €0 | €1,480 | +€1,479 | +2958900.0% |
| Recurring financial income | 75 | €0 | €1,480 | +€1,479 | +2958900.0% |
| Financial charges | 65/66B | €2,526 | €2,342 | -€184 | -7.3% |
| Recurring financial charges | 65 | €2,526 | €2,342 | -€184 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €988 | €9,228 | +€8,241 | +834.4% |
| Income taxes | 67/77 | €606 | €2,566 | +€1,961 | +323.7% |
| Profit (loss) for the period | 9904 | €382 | €6,662 | +€6,280 | +1644.6% |
| Profit (loss) for the period to be appropriated | 9905 | €382 | €6,662 | +€6,280 | +1644.6% |
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 6 October 2026 via checked.be.