HMCT 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.
HMCT SERVICES
Largest movements
- Receivables within one year +€22,865
up €22,865 (+22.8%), from €100,167 to €123,032
- Cash +€19,595
up €19,595 (+325.2%), from €6,025 to €25,620
mainly Other debts (+€23,999) and Trade debts (+€23,281)
- Other debts +€23,999
up €23,999 (+9.5%), from €251,752 to €275,751
- Trade debts +€23,281
up €23,281 (+179.9%), from €12,940 to €36,221
- Accrued charges and deferred income -€4,300
no longer reported in 2025 (was €4,300)
- Turnover +€41,904
up €41,904 (+60.5%), from €69,260 to €111,164
- Purchases and services +€38,100
up €38,100 (+63.6%), from €59,891 to €97,991
- Other operating charges -€8,435
down €8,435 (-87.2%), from €9,678 to €1,243
- Write-downs +€8,111
up €8,111 (+1158.7%), from €700 to €8,811
- Gross operating margin +€3,385
up €3,385 (+34.6%), from €9,788 to €13,173
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 | €279,756 | €324,797 | +€45,040 | +16.1% |
| Fixed assets | 21/28 | €172,244 | €174,824 | +€2,580 | +1.5% |
| Tangible fixed assets | 22/27 | €300 | €2,880 | +€2,580 | +860.0% |
| Plant, machinery and equipment | 23 | €300 | €2,880 | +€2,580 | +860.0% |
| Financial fixed assets | 28 | €171,944 | €171,944 | = | 0.0% |
| Current assets | 29/58 | €107,512 | €149,973 | +€42,460 | +39.5% |
| Stocks and contracts in progress | 3 | €1,320 | €1,320 | = | 0.0% |
| Stocks | 30/36 | €1,320 | €1,320 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €100,167 | €123,032 | +€22,865 | +22.8% |
| Trade receivables | 40 | €100,167 | €123,032 | +€22,865 | +22.8% |
| Cash at bank and in hand | 54/58 | €6,025 | €25,620 | +€19,595 | +325.2% |
| Total equity and liabilities | 10/49 | €279,756 | €324,797 | +€45,040 | +16.1% |
| Equity | 10/15 | €7,315 | €9,101 | +€1,786 | +24.4% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Capital | 10 | €6,500 | €6,500 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,100 | €12,100 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,045 | €741 | +€1,786 | |
| Amounts payable | 17/49 | €272,441 | €315,696 | +€43,255 | +15.9% |
| Amounts payable within one year | 42/48 | €268,141 | €315,696 | +€47,555 | +17.7% |
| Trade debts | 44 | €12,940 | €36,221 | +€23,281 | +179.9% |
| Suppliers | 440/4 | €12,940 | €36,221 | +€23,281 | +179.9% |
| Taxes, remuneration and social security | 45 | €3,450 | €3,724 | +€274 | +8.0% |
| Taxes | 450/3 | €3,450 | €3,724 | +€274 | +8.0% |
| Other amounts payable | 47/48 | €251,752 | €275,751 | +€23,999 | +9.5% |
| Accrued charges and deferred income | 492/3 | €4,300 | - | -€4,300 | |
| Turnover | 70 | €69,260 | €111,164 | +€41,904 | +60.5% |
| Non-recurring operating income | 76A | €418 | - | -€418 | |
| Goods, raw materials, services and sundry goods | 60/61 | €59,891 | €97,991 | +€38,100 | +63.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €300 | €1,020 | +€720 | +240.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €700 | €8,811 | +€8,111 | +1158.7% |
| Other operating charges | 640/8 | €9,678 | €1,243 | -€8,435 | -87.2% |
| Gross operating margin | 9900 | €9,788 | €13,173 | +€3,385 | +34.6% |
| Operating profit (loss) | 9901 | -€890 | €2,099 | +€2,989 | |
| Financial income | 75/76B | €715 | - | -€715 | |
| Recurring financial income | 75 | €715 | - | -€715 | |
| Financial charges | 65/66B | €939 | €313 | -€626 | -66.7% |
| Recurring financial charges | 65 | €939 | €313 | -€626 | -66.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,114 | €1,786 | +€2,900 | |
| Income taxes | 67/77 | €316 | - | -€316 | |
| Profit (loss) for the period | 9904 | -€1,430 | €1,786 | +€3,216 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,430 | €1,786 | +€3,216 |
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 5 October 2026 via checked.be.