HORECA TECHNIC INDUSTRIE: 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.
HORECA TECHNIC INDUSTRIE
Largest movements
- Receivables within one year -€125,986
down €125,986 (-35.1%), from €359,223 to €233,237
of which Trade receivables: -€106,426
- Cash +€121,100
up €121,100 (+37.5%), from €323,357 to €444,456
mainly Receivables within one year (+€125,986) and Trade debts (+€124,696)
- Tangible fixed assets -€14,400
down €14,400 (-6.2%), from €232,856 to €218,456
of which Land and buildings: -€14,477
- Other debts -€219,603
no longer reported in 2025 (was €219,603)
- Trade debts +€124,696
up €124,696 (+195%), from €63,861 to €188,557
- Reserves +€55,473
up €55,473 (+8.2%), from €674,695 to €730,168
- Tax, wage and social debts +€15,541
up €15,541 (+81.9%), from €18,971 to €34,512
of which Taxes: +€17,071
- Gross operating margin -€148,547
down €148,547 (-32.6%), from €455,392 to €306,845
- Taxes -€50,343
down €50,343 (-72.5%), from €69,445 to €19,103
- Write-downs +€39,137
new in 2025: €39,137
- Staff costs +€15,857
up €15,857 (+14.1%), from €112,605 to €128,462
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 | €995,729 | €971,837 | -€23,892 | -2.4% |
| Fixed assets | 21/28 | €232,856 | €218,456 | -€14,400 | -6.2% |
| Tangible fixed assets | 22/27 | €232,856 | €218,456 | -€14,400 | -6.2% |
| Land and buildings | 22 | €103,569 | €89,092 | -€14,477 | -14.0% |
| Plant, machinery and equipment | 23 | €16,810 | €5,331 | -€11,479 | -68.3% |
| Furniture and vehicles | 24 | €112,477 | €124,033 | +€11,556 | +10.3% |
| Current assets | 29/58 | €762,873 | €753,381 | -€9,492 | -1.2% |
| Stocks and contracts in progress | 3 | €71,010 | €66,068 | -€4,942 | -7.0% |
| Stocks | 30/36 | €71,010 | €66,068 | -€4,942 | -7.0% |
| Amounts receivable within one year | 40/41 | €359,223 | €233,237 | -€125,986 | -35.1% |
| Trade receivables | 40 | €308,110 | €201,684 | -€106,426 | -34.5% |
| Other amounts receivable | 41 | €51,113 | €31,553 | -€19,560 | -38.3% |
| Cash at bank and in hand | 54/58 | €323,357 | €444,456 | +€121,100 | +37.5% |
| Deferred charges and accrued income | 490/1 | €9,284 | €9,620 | +€337 | +3.6% |
| Total equity and liabilities | 10/49 | €995,729 | €971,837 | -€23,892 | -2.4% |
| Equity | 10/15 | €693,295 | €748,768 | +€55,473 | +8.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €674,695 | €730,168 | +€55,473 | +8.2% |
| Distributable reserves | 133 | €674,695 | €730,168 | +€55,473 | +8.2% |
| Amounts payable | 17/49 | €302,435 | €223,069 | -€79,366 | -26.2% |
| Amounts payable within one year | 42/48 | €302,435 | €223,069 | -€79,366 | -26.2% |
| Trade debts | 44 | €63,861 | €188,557 | +€124,696 | +195% |
| Suppliers | 440/4 | €63,861 | €188,557 | +€124,696 | +195% |
| Taxes, remuneration and social security | 45 | €18,971 | €34,512 | +€15,541 | +81.9% |
| Taxes | 450/3 | €2,941 | €20,012 | +€17,071 | +580% |
| Remuneration and social security | 454/9 | €16,030 | €14,500 | -€1,529 | -9.5% |
| Other amounts payable | 47/48 | €219,603 | - | -€219,603 | |
| Remuneration, social security and pensions | 62 | €112,605 | €128,462 | +€15,857 | +14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,866 | €59,495 | +€629 | +1.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €39,137 | +€39,137 | |
| Other operating charges | 640/8 | €3,248 | €4,804 | +€1,556 | +47.9% |
| Gross operating margin | 9900 | €455,392 | €306,845 | -€148,547 | -32.6% |
| Operating profit (loss) | 9901 | €280,673 | €74,946 | -€205,727 | -73.3% |
| Financial income | 75/76B | €866 | €203 | -€663 | -76.6% |
| Recurring financial income | 75 | €866 | €203 | -€663 | -76.6% |
| Financial charges | 65/66B | €1,166 | €573 | -€592 | -50.8% |
| Recurring financial charges | 65 | €1,166 | €573 | -€592 | -50.8% |
| Profit (loss) for the period before taxes | 9903 | €280,374 | €74,576 | -€205,798 | -73.4% |
| Income taxes | 67/77 | €69,445 | €19,103 | -€50,343 | -72.5% |
| Profit (loss) for the period | 9904 | €210,928 | €55,473 | -€155,455 | -73.7% |
| Profit (loss) for the period to be appropriated | 9905 | €210,928 | €55,473 | -€155,455 | -73.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.