HR Intelligence: 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.
HR Intelligence
Largest movements
- Intangible fixed assets -€20,670
down €20,670 (-49.3%), from €41,904 to €21,234
- Receivables within one year +€14,658
up €14,658 (+50.2%), from €29,221 to €43,879
of which Other amounts receivable: +€15,540
- Tangible fixed assets +€3,554
up €3,554 (+50.8%), from €7,000 to €10,554
of which Other tangible fixed assets: +€3,554
- Cash -€2,047
down €2,047 (-38.3%), from €5,348 to €3,301
mainly Contributions, distributions and other (-€44,802) and Receivables within one year (-€14,658)
- Deferred charges and accrued income -€1,224
down €1,224 (-40.5%), from €3,026 to €1,802
- Profit (loss) carried forward -€32,732
no longer reported in 2025 (was €32,732)
- Other debts +€32,449
up €32,449 (+263%), from €12,353 to €44,802
- Trade debts -€2,493
down €2,493 (-42.9%), from €5,815 to €3,323
- Short-term financial debts -€1,512
down €1,512 (-55.1%), from €2,746 to €1,233
- Tax, wage and social debts -€1,011
down €1,011 (-8.3%), from €12,141 to €11,130
of which Taxes: -€1,011
- Gross operating margin -€13,955
down €13,955 (-26.9%), from €51,931 to €37,977
- Taxes -€2,699
down €2,699 (-33.4%), from €8,091 to €5,392
- Financial income +€1,050
up €1,050 (+1,723%), from €61 to €1,111
- Other operating charges -€674
down €674 (-52.6%), from €1,281 to €607
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 | €86,699 | €80,969 | -€5,730 | -6.6% |
| Fixed assets | 21/28 | €49,104 | €31,988 | -€17,116 | -34.9% |
| Intangible fixed assets | 21 | €41,904 | €21,234 | -€20,670 | -49.3% |
| Tangible fixed assets | 22/27 | €7,000 | €10,554 | +€3,554 | +50.8% |
| Furniture and vehicles | 24 | €7,000 | €7,000 | = | 0.0% |
| Other tangible fixed assets | 26 | - | €3,554 | +€3,554 | |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €37,595 | €48,981 | +€11,386 | +30.3% |
| Amounts receivable within one year | 40/41 | €29,221 | €43,879 | +€14,658 | +50.2% |
| Trade receivables | 40 | €18,737 | €17,855 | -€882 | -4.7% |
| Other amounts receivable | 41 | €10,484 | €26,024 | +€15,540 | +148% |
| Cash at bank and in hand | 54/58 | €5,348 | €3,301 | -€2,047 | -38.3% |
| Deferred charges and accrued income | 490/1 | €3,026 | €1,802 | -€1,224 | -40.5% |
| Total equity and liabilities | 10/49 | €86,699 | €80,969 | -€5,730 | -6.6% |
| Equity | 10/15 | €53,192 | €20,460 | -€32,732 | -61.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,732 | - | -€32,732 | |
| Amounts payable | 17/49 | €33,507 | €60,509 | +€27,001 | +80.6% |
| Amounts payable within one year | 42/48 | €33,055 | €60,488 | +€27,433 | +83.0% |
| Financial debts | 43 | €2,746 | €1,233 | -€1,512 | -55.1% |
| Credit institutions | 430/8 | €2,746 | €1,233 | -€1,512 | -55.1% |
| Trade debts | 44 | €5,815 | €3,323 | -€2,493 | -42.9% |
| Suppliers | 440/4 | €5,815 | €3,323 | -€2,493 | -42.9% |
| Taxes, remuneration and social security | 45 | €12,141 | €11,130 | -€1,011 | -8.3% |
| Taxes | 450/3 | €12,141 | €11,130 | -€1,011 | -8.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €12,353 | €44,802 | +€32,449 | +263% |
| Accrued charges and deferred income | 492/3 | €452 | €20 | -€432 | -95.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,670 | €20,857 | +€187 | +0.9% |
| Other operating charges | 640/8 | €1,281 | €607 | -€674 | -52.6% |
| Non-recurring operating charges | 66A | €265 | - | -€265 | |
| Gross operating margin | 9900 | €51,931 | €37,977 | -€13,955 | -26.9% |
| Operating profit (loss) | 9901 | €29,716 | €16,513 | -€13,203 | -44.4% |
| Financial income | 75/76B | €61 | €1,111 | +€1,050 | +1,723% |
| Recurring financial income | 75 | €61 | €1,111 | +€1,050 | +1,723% |
| Financial charges | 65/66B | €114 | €161 | +€47 | +41.6% |
| Recurring financial charges | 65 | €114 | €161 | +€47 | +41.6% |
| Profit (loss) for the period before taxes | 9903 | €29,663 | €17,463 | -€12,200 | -41.1% |
| Income taxes | 67/77 | €8,091 | €5,392 | -€2,699 | -33.4% |
| Profit (loss) for the period | 9904 | €21,571 | €12,070 | -€9,501 | -44.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,571 | €12,070 | -€9,501 | -44.0% |
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.