HR SOCIETY: 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 SOCIETY
Largest movements
- Receivables within one year -€24,824
down €24,824 (-92.5%), from €26,843 to €2,019
of which Trade receivables: -€24,824
- Tangible fixed assets +€11,375
up €11,375 (+29.2%), from €38,944 to €50,319
- Deferred charges and accrued income -€6,510
no longer reported in 2025 (was €6,510)
- Cash +€6,208
up €6,208 (+54.8%), from €11,336 to €17,544
mainly Receivables within one year (+€24,824) and Depreciation (+€22,700)
- Profit (loss) carried forward -€32,975
down €32,975 (-83.7%), from €39,386 to €6,411
- Debts within one year +€19,224
up €19,224 (+56.1%), from €34,246 to €53,471
of which Tax, wage and social debts: +€26,247
- Gross operating margin -€42,884
down €42,884 (-76.4%), from €56,154 to €13,270
- Depreciation +€10,014
up €10,014 (+78.9%), from €12,685 to €22,700
- Other operating charges +€1,991
up €1,991 (+55.7%), from €3,574 to €5,565
- Financial charges -€1,020
down €1,020 (-96.2%), from €1,061 to €41
of which Non-recurring financial charges: -€1,000
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 | €83,633 | €69,882 | -€13,751 | -16.4% |
| Fixed assets | 21/28 | €38,944 | €50,319 | +€11,375 | +29.2% |
| Tangible fixed assets | 22/27 | €38,944 | €50,319 | +€11,375 | +29.2% |
| Furniture and vehicles | 24 | €38,944 | €50,319 | +€11,375 | +29.2% |
| Current assets | 29/58 | €44,689 | €19,563 | -€25,126 | -56.2% |
| Amounts receivable within one year | 40/41 | €26,843 | €2,019 | -€24,824 | -92.5% |
| Trade receivables | 40 | €26,207 | €1,383 | -€24,824 | -94.7% |
| Other amounts receivable | 41 | €636 | €636 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €11,336 | €17,544 | +€6,208 | +54.8% |
| Deferred charges and accrued income | 490/1 | €6,510 | - | -€6,510 | |
| Total equity and liabilities | 10/49 | €83,633 | €69,882 | -€13,751 | -16.4% |
| Equity | 10/15 | €49,386 | €16,411 | -€32,975 | -66.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,386 | €6,411 | -€32,975 | -83.7% |
| Amounts payable | 17/49 | €34,246 | €53,471 | +€19,224 | +56.1% |
| Amounts payable within one year | 42/48 | €34,246 | €53,471 | +€19,224 | +56.1% |
| Trade debts | 44 | €23,361 | €11,091 | -€12,270 | -52.5% |
| Suppliers | 440/4 | €23,361 | €11,091 | -€12,270 | -52.5% |
| Taxes, remuneration and social security | 45 | €15,467 | €41,714 | +€26,247 | +170% |
| Taxes | 450/3 | €1,850 | €5,760 | +€3,910 | +211% |
| Remuneration and social security | 454/9 | €13,618 | €35,954 | +€22,336 | +164% |
| Other amounts payable | 47/48 | €10,886 | €665 | -€10,220 | -93.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,685 | €22,700 | +€10,014 | +78.9% |
| Other operating charges | 640/8 | €3,574 | €5,565 | +€1,991 | +55.7% |
| Gross operating margin | 9900 | €56,154 | €13,270 | -€42,884 | -76.4% |
| Operating profit (loss) | 9901 | €40,447 | -€14,994 | -€55,442 | |
| Financial charges | 65/66B | €1,061 | €41 | -€1,020 | -96.2% |
| Recurring financial charges | 65 | €61 | €41 | -€20 | -33.1% |
| Non-recurring financial charges | 66B | €1,000 | - | -€1,000 | |
| Profit (loss) for the period before taxes | 9903 | €39,386 | -€15,035 | -€54,422 | |
| Profit (loss) for the period | 9904 | €39,386 | -€15,035 | -€54,422 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,386 | -€15,035 | -€54,422 |
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 24 October 2026 via checked.be.