HR TECHNICAL SOLUTIONS: 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 TECHNICAL SOLUTIONS
Largest movements
- Intangible fixed assets -€54,182
down €54,182 (-29.1%), from €186,386 to €132,204
- Cash -€28,676
down €28,676 (-6.8%), from €420,478 to €391,801
mainly Trade debts (-€77,574) and Net result for the year (-€14,338)
- Receivables within one year -€15,693
down €15,693 (-44.3%), from €35,399 to €19,706
of which Other amounts receivable: -€7,909
- Trade debts -€77,574
down €77,574 (-98.3%), from €78,897 to €1,323
- Profit (loss) carried forward -€14,338
down €14,338 (-4.3%), from -€333,301 to -€347,639
- Accrued charges and deferred income -€12,242
down €12,242 (-14.7%), from €83,340 to €71,098
- Investment grants -€7,761
no longer reported in 2025 (was €7,761)
- Gross operating margin +€132,737
up €132,737, from -€75,214 to €57,523
- Staff costs -€48,448
down €48,448 (-68.8%), from €70,451 to €22,003
- Depreciation +€13,132
up €13,132 (+53.6%), from €24,500 to €37,632
- Financial income +€6,001
up €6,001 (+341%), from €1,760 to €7,761
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 | €652,359 | €543,900 | -€108,460 | -16.6% |
| Fixed assets | 21/28 | €194,268 | €132,204 | -€62,065 | -31.9% |
| Intangible fixed assets | 21 | €186,386 | €132,204 | -€54,182 | -29.1% |
| Tangible fixed assets | 22/27 | €2,483 | - | -€2,483 | |
| Furniture and vehicles | 24 | €2,483 | - | -€2,483 | |
| Financial fixed assets | 28 | €5,400 | - | -€5,400 | |
| Current assets | 29/58 | €458,091 | €411,696 | -€46,395 | -10.1% |
| Amounts receivable within one year | 40/41 | €35,399 | €19,706 | -€15,693 | -44.3% |
| Trade receivables | 40 | €27,457 | €19,673 | -€7,784 | -28.4% |
| Other amounts receivable | 41 | €7,942 | €33 | -€7,909 | -99.6% |
| Cash at bank and in hand | 54/58 | €420,478 | €391,801 | -€28,676 | -6.8% |
| Deferred charges and accrued income | 490/1 | €2,214 | €189 | -€2,026 | -91.5% |
| Total equity and liabilities | 10/49 | €652,359 | €543,900 | -€108,460 | -16.6% |
| Equity | 10/15 | €484,460 | €462,361 | -€22,099 | -4.6% |
| Contributions | 10/11 | €810,000 | €810,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€333,301 | -€347,639 | -€14,338 | -4.3% |
| Investment grants | 15 | €7,761 | - | -€7,761 | |
| Amounts payable | 17/49 | €167,899 | €81,538 | -€86,361 | -51.4% |
| Amounts payable within one year | 42/48 | €84,559 | €10,440 | -€74,118 | -87.7% |
| Trade debts | 44 | €78,897 | €1,323 | -€77,574 | -98.3% |
| Suppliers | 440/4 | €78,897 | €1,323 | -€77,574 | -98.3% |
| Taxes, remuneration and social security | 45 | €5,662 | €9,118 | +€3,456 | +61.0% |
| Taxes | 450/3 | €26 | €9,118 | +€9,092 | +34,608% |
| Remuneration and social security | 454/9 | €5,636 | - | -€5,636 | |
| Accrued charges and deferred income | 492/3 | €83,340 | €71,098 | -€12,242 | -14.7% |
| Remuneration, social security and pensions | 62 | €70,451 | €22,003 | -€48,448 | -68.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,500 | €37,632 | +€13,132 | +53.6% |
| Other operating charges | 640/8 | €395 | €433 | +€38 | +9.6% |
| Non-recurring operating charges | 66A | - | €19,033 | +€19,033 | |
| Gross operating margin | 9900 | -€75,214 | €57,523 | +€132,737 | |
| Operating profit (loss) | 9901 | -€170,560 | -€21,578 | +€148,982 | +87.3% |
| Financial income | 75/76B | €1,760 | €7,761 | +€6,001 | +341% |
| Recurring financial income | 75 | €1,760 | €7,761 | +€6,001 | +341% |
| Financial charges | 65/66B | €322 | €521 | +€199 | +61.6% |
| Recurring financial charges | 65 | €322 | €521 | +€199 | +61.6% |
| Profit (loss) for the period before taxes | 9903 | -€169,123 | -€14,338 | +€154,785 | +91.5% |
| Income taxes | 67/77 | €26 | - | -€26 | |
| Profit (loss) for the period | 9904 | -€169,149 | -€14,338 | +€154,811 | +91.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€169,149 | -€14,338 | +€154,811 | +91.5% |
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 18 October 2026 via checked.be.