HR Plan: 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.
HR Plan
Largest movements
- Cash -€41,056
down €41,056 (-80.6%), from €50,957 to €9,901
mainly Net result for the year (-€35,164) and Receivables within one year (-€6,181)
- Receivables within one year +€6,181
up €6,181 (+48.7%), from €12,705 to €18,887
of which Trade receivables: +€6,822
- Profit (loss) carried forward -€35,164
down €35,164 (-96.8%), from €36,319 to €1,155
- Trade debts -€1,918
down €1,918 (-96.4%), from €1,989 to €71
- Tax, wage and social debts +€1,654
up €1,654 (+74.9%), from €2,207 to €3,861
- Gross operating margin -€57,399
down €57,399, from €25,096 to -€32,302
- Taxes -€5,267
down €5,267 (-98.3%), from €5,359 to €93
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 | €68,983 | €33,796 | -€35,188 | -51.0% |
| Fixed assets | 21/28 | €5,321 | €5,008 | -€313 | -5.9% |
| Tangible fixed assets | 22/27 | €5,321 | €5,008 | -€313 | -5.9% |
| Furniture and vehicles | 24 | €5,321 | €5,008 | -€313 | -5.9% |
| Current assets | 29/58 | €63,663 | €28,788 | -€34,875 | -54.8% |
| Amounts receivable within one year | 40/41 | €12,705 | €18,887 | +€6,181 | +48.7% |
| Trade receivables | 40 | €12,065 | €18,887 | +€6,822 | +56.5% |
| Other amounts receivable | 41 | €641 | - | -€641 | |
| Cash at bank and in hand | 54/58 | €50,957 | €9,901 | -€41,056 | -80.6% |
| Total equity and liabilities | 10/49 | €68,983 | €33,796 | -€35,188 | -51.0% |
| Equity | 10/15 | €64,673 | €29,509 | -€35,164 | -54.4% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €24,854 | €24,854 | = | 0.0% |
| Distributable reserves | 133 | €24,854 | €24,854 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,319 | €1,155 | -€35,164 | -96.8% |
| Amounts payable | 17/49 | €4,310 | €4,286 | -€24 | -0.6% |
| Amounts payable within one year | 42/48 | €4,310 | €4,286 | -€24 | -0.6% |
| Financial debts | 43 | €7 | €233 | +€226 | +3275.1% |
| Credit institutions | 430/8 | €7 | €233 | +€226 | +3275.1% |
| Trade debts | 44 | €1,989 | €71 | -€1,918 | -96.4% |
| Suppliers | 440/4 | €1,989 | €71 | -€1,918 | -96.4% |
| Taxes, remuneration and social security | 45 | €2,207 | €3,861 | +€1,654 | +74.9% |
| Taxes | 450/3 | €2,207 | €3,861 | +€1,654 | +74.9% |
| Other amounts payable | 47/48 | €108 | €122 | +€14 | +13.3% |
| Remuneration, social security and pensions | 62 | - | €10 | +€10 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,334 | €2,038 | -€296 | -12.7% |
| Other operating charges | 640/8 | €752 | €597 | -€155 | -20.6% |
| Gross operating margin | 9900 | €25,096 | -€32,302 | -€57,399 | |
| Operating profit (loss) | 9901 | €22,010 | -€34,947 | -€56,957 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -96.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -96.7% |
| Financial charges | 65/66B | €103 | €124 | +€21 | +20.7% |
| Recurring financial charges | 65 | €103 | €124 | +€21 | +20.7% |
| Profit (loss) for the period before taxes | 9903 | €21,908 | -€35,071 | -€56,979 | |
| Income taxes | 67/77 | €5,359 | €93 | -€5,267 | -98.3% |
| Profit (loss) for the period | 9904 | €16,548 | -€35,164 | -€51,712 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,548 | -€35,164 | -€51,712 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.