HR Move: 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 Move
Largest movements
- Cash +€50,867
up €50,867 (+329.0%), from €15,459 to €66,326
mainly Net result for the year (+€65,174) and Trade debts (+€15,951)
- Tangible fixed assets +€14,776
up €14,776 (+337.7%), from €4,376 to €19,152
of which Other tangible fixed assets: +€15,940
- Receivables within one year +€8,994
up €8,994 (+73.8%), from €12,191 to €21,185
of which Trade receivables: +€5,596
- Profit (loss) carried forward +€47,574
up €47,574 (+2745.1%), from €1,733 to €49,307
- Trade debts +€15,951
up €15,951 (+2635.2%), from €605 to €16,556
- Tax, wage and social debts +€12,152
up €12,152 (+200.9%), from €6,048 to €18,200
- Gross operating margin +€63,137
up €63,137 (+378.3%), from €16,690 to €79,827
- Taxes +€11,916
up €11,916 (+2337.8%), from €510 to €12,425
- Depreciation +€1,563
up €1,563 (+628.3%), from €249 to €1,811
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 | €32,026 | €106,663 | +€74,637 | +233.1% |
| Fixed assets | 21/28 | €4,376 | €19,152 | +€14,776 | +337.7% |
| Tangible fixed assets | 22/27 | €4,376 | €19,152 | +€14,776 | +337.7% |
| Plant, machinery and equipment | 23 | €3,310 | €2,189 | -€1,121 | -33.9% |
| Furniture and vehicles | 24 | €1,066 | €1,022 | -€44 | -4.1% |
| Other tangible fixed assets | 26 | - | €15,940 | +€15,940 | |
| Current assets | 29/58 | €27,650 | €87,511 | +€59,861 | +216.5% |
| Amounts receivable within one year | 40/41 | €12,191 | €21,185 | +€8,994 | +73.8% |
| Trade receivables | 40 | €12,191 | €17,787 | +€5,596 | +45.9% |
| Other amounts receivable | 41 | - | €3,398 | +€3,398 | |
| Cash at bank and in hand | 54/58 | €15,459 | €66,326 | +€50,867 | +329.0% |
| Total equity and liabilities | 10/49 | €32,026 | €106,663 | +€74,637 | +233.1% |
| Equity | 10/15 | €6,733 | €54,307 | +€47,574 | +706.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,733 | €49,307 | +€47,574 | +2745.1% |
| Amounts payable | 17/49 | €25,293 | €52,356 | +€27,063 | +107.0% |
| Amounts payable within one year | 42/48 | €25,293 | €52,356 | +€27,063 | +107.0% |
| Trade debts | 44 | €605 | €16,556 | +€15,951 | +2635.2% |
| Suppliers | 440/4 | €605 | €16,556 | +€15,951 | +2635.2% |
| Taxes, remuneration and social security | 45 | €6,048 | €18,200 | +€12,152 | +200.9% |
| Taxes | 450/3 | €6,048 | €18,200 | +€12,152 | +200.9% |
| Other amounts payable | 47/48 | €18,640 | €17,600 | -€1,040 | -5.6% |
| Remuneration, social security and pensions | 62 | - | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €249 | €1,811 | +€1,563 | +628.3% |
| Gross operating margin | 9900 | €16,690 | €79,827 | +€63,137 | +378.3% |
| Operating profit (loss) | 9901 | €16,442 | €77,766 | +€61,324 | +373.0% |
| Financial charges | 65/66B | €119 | €167 | +€48 | +40.4% |
| Recurring financial charges | 65 | €119 | €167 | +€48 | +40.4% |
| Profit (loss) for the period before taxes | 9903 | €16,323 | €77,599 | +€61,276 | +375.4% |
| Income taxes | 67/77 | €510 | €12,425 | +€11,916 | +2337.8% |
| Profit (loss) for the period | 9904 | €15,813 | €65,174 | +€49,361 | +312.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,813 | €65,174 | +€49,361 | +312.2% |
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 9 October 2026 via checked.be.