Hora Aurea: 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.
Hora Aurea
Largest movements
- Receivables within one year +€6,574
up €6,574 (+2716.6%), from €242 to €6,816
- Cash -€2,225
down €2,225 (-19.0%), from €11,718 to €9,493
mainly Receivables within one year (-€6,574) and Deferred charges and accrued income (-€1,081)
- Deferred charges and accrued income +€1,081
up €1,081 (+92.0%), from €1,175 to €2,256
- Profit (loss) carried forward +€2,540
up €2,540 (+69.0%), from -€3,683 to -€1,143
- Trade debts +€1,556
up €1,556 (+54.2%), from €2,872 to €4,428
- Tax, wage and social debts +€1,098
up €1,098 (+20.3%), from €5,420 to €6,518
of which Taxes: +€1,076
- Other debts +€236
up €236 (+872.4%), from €27 to €263
- Gross operating margin +€9,197
up €9,197, from -€3,161 to €6,036
- Taxes +€2,664
up €2,664 (+3754.8%), from €71 to €2,735
- Financial charges +€178
up €178 (+278.7%), from €64 to €242
- Other operating charges +€132
up €132 (+34.2%), from €387 to €520
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 | €13,135 | €18,565 | +€5,430 | +41.3% |
| Current assets | 29/58 | €13,135 | €18,565 | +€5,430 | +41.3% |
| Amounts receivable within one year | 40/41 | €242 | €6,816 | +€6,574 | +2716.6% |
| Trade receivables | 40 | €242 | €6,816 | +€6,574 | +2716.6% |
| Cash at bank and in hand | 54/58 | €11,718 | €9,493 | -€2,225 | -19.0% |
| Deferred charges and accrued income | 490/1 | €1,175 | €2,256 | +€1,081 | +92.0% |
| Total equity and liabilities | 10/49 | €13,135 | €18,565 | +€5,430 | +41.3% |
| Equity | 10/15 | €4,817 | €7,357 | +€2,540 | +52.7% |
| Contributions | 10/11 | €8,500 | €8,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,683 | -€1,143 | +€2,540 | +69.0% |
| Amounts payable | 17/49 | €8,319 | €11,208 | +€2,890 | +34.7% |
| Amounts payable within one year | 42/48 | €8,319 | €11,208 | +€2,890 | +34.7% |
| Trade debts | 44 | €2,872 | €4,428 | +€1,556 | +54.2% |
| Suppliers | 440/4 | €2,872 | €4,428 | +€1,556 | +54.2% |
| Taxes, remuneration and social security | 45 | €5,420 | €6,518 | +€1,098 | +20.3% |
| Taxes | 450/3 | €3,414 | €4,490 | +€1,076 | +31.5% |
| Remuneration and social security | 454/9 | €2,005 | €2,028 | +€22 | +1.1% |
| Other amounts payable | 47/48 | €27 | €263 | +€236 | +872.4% |
| Other operating charges | 640/8 | €387 | €520 | +€132 | +34.2% |
| Gross operating margin | 9900 | -€3,161 | €6,036 | +€9,197 | |
| Operating profit (loss) | 9901 | -€3,549 | €5,516 | +€9,065 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €64 | €242 | +€178 | +278.7% |
| Recurring financial charges | 65 | €64 | €242 | +€178 | +278.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,612 | €5,275 | +€8,887 | |
| Income taxes | 67/77 | €71 | €2,735 | +€2,664 | +3754.8% |
| Profit (loss) for the period | 9904 | -€3,683 | €2,540 | +€6,223 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,683 | €2,540 | +€6,223 |
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 10 October 2026 via checked.be.