HNT GROUP: 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.
HNT GROUP
Largest movements
- Receivables within one year +€4,602
up €4,602 (+12.9%), from €35,663 to €40,265
of which Trade receivables: +€9,311
- Cash +€3,540
up €3,540 (+65.2%), from €5,425 to €8,964
mainly Trade debts (+€17,335) and Depreciation (+€6,259)
- Trade debts +€17,335
up €17,335 (+4,953%), from €350 to €17,685
- Profit (loss) carried forward -€3,903
down €3,903 (-17.6%), from €22,174 to €18,271
- Tax, wage and social debts -€3,199
down €3,199 (-41.5%), from €7,700 to €4,502
- Other debts -€2,934
down €2,934 (-100%), from €2,934 to €0
- Gross operating margin -€23,824
down €23,824 (-86.2%), from €27,648 to €3,824
- Taxes -€4,502
down €4,502 (-100%), from €4,502 to €0
- Depreciation +€1,074
up €1,074 (+20.7%), from €5,185 to €6,259
- Other operating charges +€928
up €928 (+231%), from €402 to €1,330
- Financial income -€286
down €286 (-90.4%), from €316 to €30
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.
Derived cash bridge
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 | €53,867 | €61,167 | +€7,300 | +13.6% |
| Fixed assets | 21/28 | €11,681 | €10,903 | -€778 | -6.7% |
| Tangible fixed assets | 22/27 | €11,481 | €10,903 | -€578 | -5.0% |
| Plant, machinery and equipment | 23 | €1,881 | €6,294 | +€4,413 | +235% |
| Furniture and vehicles | 24 | €9,600 | €4,608 | -€4,992 | -52.0% |
| Financial fixed assets | 28 | €200 | €0 | -€200 | -100% |
| Current assets | 29/58 | €42,186 | €50,264 | +€8,078 | +19.1% |
| Amounts receivable within one year | 40/41 | €35,663 | €40,265 | +€4,602 | +12.9% |
| Trade receivables | 40 | €29,359 | €38,670 | +€9,311 | +31.7% |
| Other amounts receivable | 41 | €6,304 | €1,595 | -€4,709 | -74.7% |
| Cash at bank and in hand | 54/58 | €5,425 | €8,964 | +€3,540 | +65.2% |
| Deferred charges and accrued income | 490/1 | €1,098 | €1,034 | -€64 | -5.8% |
| Total equity and liabilities | 10/49 | €53,867 | €61,167 | +€7,300 | +13.6% |
| Equity | 10/15 | €42,883 | €38,980 | -€3,903 | -9.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €17,709 | €17,709 | = | 0.0% |
| Distributable reserves | 133 | €17,709 | €17,709 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,174 | €18,271 | -€3,903 | -17.6% |
| Amounts payable | 17/49 | €10,984 | €22,187 | +€11,203 | +102% |
| Amounts payable within one year | 42/48 | €10,984 | €22,187 | +€11,203 | +102% |
| Trade debts | 44 | €350 | €17,685 | +€17,335 | +4,953% |
| Suppliers | 440/4 | €350 | €17,685 | +€17,335 | +4,953% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €7,700 | €4,502 | -€3,199 | -41.5% |
| Taxes | 450/3 | €7,700 | €4,502 | -€3,199 | -41.5% |
| Other amounts payable | 47/48 | €2,934 | €0 | -€2,934 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,185 | €6,259 | +€1,074 | +20.7% |
| Other operating charges | 640/8 | €402 | €1,330 | +€928 | +231% |
| Gross operating margin | 9900 | €27,648 | €3,824 | -€23,824 | -86.2% |
| Operating profit (loss) | 9901 | €22,062 | -€3,764 | -€25,826 | |
| Financial income | 75/76B | €316 | €30 | -€286 | -90.4% |
| Recurring financial income | 75 | €316 | €30 | -€286 | -90.4% |
| Financial charges | 65/66B | €167 | €169 | +€2 | +1.3% |
| Recurring financial charges | 65 | €167 | €169 | +€2 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €22,211 | -€3,903 | -€26,114 | |
| Income taxes | 67/77 | €4,502 | €0 | -€4,502 | -100% |
| Profit (loss) for the period | 9904 | €17,709 | -€3,903 | -€21,612 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,709 | -€3,903 | -€21,612 |
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 27 October 2026 via checked.be.