HMV: 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.
HMV
Largest movements
- Cash +€73,362
up €73,362 (+82.3%), from €89,162 to €162,525
mainly Net result for the year (+€55,098) and Debts after one year (+€40,000)
- Receivables within one year +€39,994
up €39,994 (+13.5%), from €295,417 to €335,411
of which Trade receivables: +€42,871
- Reserves +€49,000
up €49,000 (+119.5%), from €41,000 to €90,000
- Debts after one year +€40,000
up €40,000 (+14.6%), from €273,465 to €313,465
- Other debts +€21,426
up €21,426 (+792.7%), from €2,703 to €24,129
- Accrued charges and deferred income +€7,585
up €7,585 (+73.8%), from €10,280 to €17,865
- Profit (loss) carried forward +€6,098
up €6,098 (+462.2%), from €1,319 to €7,417
- Gross operating margin +€30,017
up €30,017 (+20.8%), from €143,988 to €174,005
- Purchases and services -€21,300
down €21,300 (-13.7%), from €155,717 to €134,417
- Staff costs +€16,572
up €16,572 (+25.1%), from €65,963 to €82,535
- Turnover +€8,717
up €8,717 (+2.9%), from €299,705 to €308,421
- Financial charges +€7,759
up €7,759 (+81.3%), from €9,547 to €17,306
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 | €390,579 | €506,673 | +€116,095 | +29.7% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €2,500 | €2,500 | = | 0.0% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €388,079 | €504,173 | +€116,095 | +29.9% |
| Amounts receivable within one year | 40/41 | €295,417 | €335,411 | +€39,994 | +13.5% |
| Trade receivables | 40 | €291,853 | €334,724 | +€42,871 | +14.7% |
| Other amounts receivable | 41 | €3,564 | €687 | -€2,877 | -80.7% |
| Cash at bank and in hand | 54/58 | €89,162 | €162,525 | +€73,362 | +82.3% |
| Deferred charges and accrued income | 490/1 | €3,499 | €6,238 | +€2,738 | +78.3% |
| Total equity and liabilities | 10/49 | €390,579 | €506,673 | +€116,095 | +29.7% |
| Equity | 10/15 | €47,319 | €102,417 | +€55,098 | +116.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €41,000 | €90,000 | +€49,000 | +119.5% |
| Distributable reserves | 133 | €41,000 | €90,000 | +€49,000 | +119.5% |
| Profit (loss) carried forward | 14 | €1,319 | €7,417 | +€6,098 | +462.2% |
| Amounts payable | 17/49 | €343,259 | €404,256 | +€60,997 | +17.8% |
| Amounts payable after more than one year | 17 | €273,465 | €313,465 | +€40,000 | +14.6% |
| Other amounts payable | 178/9 | €273,465 | €313,465 | +€40,000 | +14.6% |
| Amounts payable within one year | 42/48 | €59,515 | €72,926 | +€13,411 | +22.5% |
| Trade debts | 44 | €19,808 | €14,185 | -€5,623 | -28.4% |
| Suppliers | 440/4 | €19,808 | €14,185 | -€5,623 | -28.4% |
| Taxes, remuneration and social security | 45 | €37,005 | €34,612 | -€2,392 | -6.5% |
| Taxes | 450/3 | €21,802 | €21,378 | -€425 | -1.9% |
| Remuneration and social security | 454/9 | €15,202 | €13,235 | -€1,968 | -12.9% |
| Other amounts payable | 47/48 | €2,703 | €24,129 | +€21,426 | +792.7% |
| Accrued charges and deferred income | 492/3 | €10,280 | €17,865 | +€7,585 | +73.8% |
| Turnover | 70 | €299,705 | €308,421 | +€8,717 | +2.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €155,717 | €134,417 | -€21,300 | -13.7% |
| Remuneration, social security and pensions | 62 | €65,963 | €82,535 | +€16,572 | +25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €272 | - | -€272 | |
| Other operating charges | 640/8 | €982 | €610 | -€372 | -37.9% |
| Gross operating margin | 9900 | €143,988 | €174,005 | +€30,017 | +20.8% |
| Operating profit (loss) | 9901 | €76,771 | €90,859 | +€14,088 | +18.4% |
| Financial income | 75/76B | €1 | €1 | -€0 | -17.0% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -17.0% |
| Financial charges | 65/66B | €9,547 | €17,306 | +€7,759 | +81.3% |
| Recurring financial charges | 65 | €9,547 | €17,306 | +€7,759 | +81.3% |
| Profit (loss) for the period before taxes | 9903 | €67,225 | €73,554 | +€6,329 | +9.4% |
| Income taxes | 67/77 | €17,683 | €18,456 | +€772 | +4.4% |
| Profit (loss) for the period | 9904 | €49,541 | €55,098 | +€5,557 | +11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €49,541 | €55,098 | +€5,557 | +11.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.