HMTC: 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.
HMTC
Largest movements
- Cash -€81
down €81 (-61.8%), from €131 to €50
mainly Net result for the year (-€6,717) and Trade debts (-€923)
- Debts after one year +€7,559
up €7,559 (+13.6%), from €55,575 to €63,134
- Profit (loss) carried forward -€6,717
down €6,717 (-10.6%), from -€63,261 to -€69,978
- Trade debts -€923
down €923 (-83.6%), from €1,104 to €182
- Gross operating margin +€15,590
up €15,590 (+70.3%), from -€22,177 to -€6,588
- Financial charges -€475
down €475 (-87.0%), from €546 to €71
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 | €5,818 | €5,737 | -€81 | -1.4% |
| Fixed assets | 21/28 | €1,120 | €1,120 | = | 0.0% |
| Financial fixed assets | 28 | €1,120 | €1,120 | = | 0.0% |
| Current assets | 29/58 | €4,698 | €4,617 | -€81 | -1.7% |
| Amounts receivable within one year | 40/41 | €4,567 | €4,567 | = | 0.0% |
| Other amounts receivable | 41 | €4,567 | €4,567 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €131 | €50 | -€81 | -61.8% |
| Total equity and liabilities | 10/49 | €5,818 | €5,737 | -€81 | -1.4% |
| Equity | 10/15 | -€50,861 | -€57,578 | -€6,717 | -13.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,261 | -€69,978 | -€6,717 | -10.6% |
| Amounts payable | 17/49 | €56,679 | €63,315 | +€6,636 | +11.7% |
| Amounts payable after more than one year | 17 | €55,575 | €63,134 | +€7,559 | +13.6% |
| Other amounts payable | 178/9 | €55,575 | €63,134 | +€7,559 | +13.6% |
| Amounts payable within one year | 42/48 | €1,104 | €182 | -€923 | -83.6% |
| Trade debts | 44 | €1,104 | €182 | -€923 | -83.6% |
| Suppliers | 440/4 | €1,104 | €182 | -€923 | -83.6% |
| Other operating charges | 640/8 | - | €58 | +€58 | |
| Gross operating margin | 9900 | -€22,177 | -€6,588 | +€15,590 | +70.3% |
| Operating profit (loss) | 9901 | -€22,177 | -€6,646 | +€15,532 | +70.0% |
| Financial charges | 65/66B | €546 | €71 | -€475 | -87.0% |
| Recurring financial charges | 65 | €546 | €71 | -€475 | -87.0% |
| Profit (loss) for the period before taxes | 9903 | -€22,723 | -€6,717 | +€16,007 | +70.4% |
| Profit (loss) for the period | 9904 | -€22,723 | -€6,717 | +€16,007 | +70.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,723 | -€6,717 | +€16,007 | +70.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.