HONSQUARE: 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.
HONSQUARE
Largest movements
- Cash +€101,167
up €101,167 (+174.1%), from €58,113 to €159,280
mainly Net result for the year (+€123,867) and Depreciation (+€11,392)
- Deferred charges and accrued income +€12,722
up €12,722 (+580.0%), from €2,194 to €14,916
- Tangible fixed assets -€11,392
down €11,392 (-22.4%), from €50,769 to €39,377
- Receivables within one year +€9,675
up €9,675 (+49.6%), from €19,506 to €29,181
of which Other amounts receivable: +€9,411
- Reserves +€123,867
up €123,867 (+194.1%), from €63,801 to €187,668
- Debts after one year -€9,573
down €9,573 (-24.3%), from €39,414 to €29,841
- Tax, wage and social debts -€3,332
down €3,332 (-22.0%), from €15,171 to €11,840
- Gross operating margin +€71,756
up €71,756 (+71.6%), from €100,208 to €171,964
- Taxes +€10,668
up €10,668 (+42.4%), from €25,171 to €35,840
- Depreciation +€2,826
up €2,826 (+33.0%), from €8,566 to €11,392
- Financial charges +€1,794
up €1,794 (+369.8%), from €485 to €2,279
of which Financial charges: +€1,824
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 | €130,581 | €242,753 | +€112,171 | +85.9% |
| Fixed assets | 21/28 | €50,769 | €39,377 | -€11,392 | -22.4% |
| Tangible fixed assets | 22/27 | €50,769 | €39,377 | -€11,392 | -22.4% |
| Furniture and vehicles | 24 | €50,769 | €39,377 | -€11,392 | -22.4% |
| Current assets | 29/58 | €79,813 | €203,376 | +€123,563 | +154.8% |
| Amounts receivable within one year | 40/41 | €19,506 | €29,181 | +€9,675 | +49.6% |
| Trade receivables | 40 | - | €264 | +€264 | |
| Other amounts receivable | 41 | €19,506 | €28,917 | +€9,411 | +48.2% |
| Cash at bank and in hand | 54/58 | €58,113 | €159,280 | +€101,167 | +174.1% |
| Deferred charges and accrued income | 490/1 | €2,194 | €14,916 | +€12,722 | +580.0% |
| Total equity and liabilities | 10/49 | €130,581 | €242,753 | +€112,171 | +85.9% |
| Equity | 10/15 | €66,801 | €190,668 | +€123,867 | +185.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €63,801 | €187,668 | +€123,867 | +194.1% |
| Distributable reserves | 133 | €63,801 | €187,668 | +€123,867 | +194.1% |
| Amounts payable | 17/49 | €63,780 | €52,085 | -€11,696 | -18.3% |
| Amounts payable after more than one year | 17 | €39,414 | €29,841 | -€9,573 | -24.3% |
| Financial debts | 170/4 | €39,414 | €29,841 | -€9,573 | -24.3% |
| Amounts payable within one year | 42/48 | €24,366 | €22,243 | -€2,123 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €9,111 | €9,573 | +€462 | +5.1% |
| Trade debts | 44 | €84 | €831 | +€747 | +887.9% |
| Suppliers | 440/4 | €84 | €831 | +€747 | +887.9% |
| Taxes, remuneration and social security | 45 | €15,171 | €11,840 | -€3,332 | -22.0% |
| Taxes | 450/3 | €15,171 | €11,840 | -€3,332 | -22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,566 | €11,392 | +€2,826 | +33.0% |
| Other operating charges | 640/8 | - | €54 | +€54 | |
| Non-recurring operating charges | 66A | €2,700 | - | -€2,700 | |
| Gross operating margin | 9900 | €100,208 | €171,964 | +€71,756 | +71.6% |
| Operating profit (loss) | 9901 | €88,942 | €160,518 | +€71,576 | +80.5% |
| Financial income | 75/76B | €516 | €1,467 | +€952 | +184.6% |
| Recurring financial income | 75 | €516 | €1,467 | +€952 | +184.6% |
| Financial charges | 65/66B | €485 | €2,279 | +€1,794 | +369.8% |
| Recurring financial charges | 65 | €455 | €2,279 | +€1,824 | +400.8% |
| Non-recurring financial charges | 66B | €30 | - | -€30 | |
| Profit (loss) for the period before taxes | 9903 | €88,972 | €159,707 | +€70,734 | +79.5% |
| Income taxes | 67/77 | €25,171 | €35,840 | +€10,668 | +42.4% |
| Profit (loss) for the period | 9904 | €63,801 | €123,867 | +€60,066 | +94.1% |
| Profit (loss) for the period to be appropriated | 9905 | €63,801 | €123,867 | +€60,066 | +94.1% |
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 5 October 2026 via checked.be.