HR-Vibe: 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-Vibe
Largest movements
- Cash +€25,922
up €25,922 (+31.3%), from €82,811 to €108,733
mainly Net result for the year (+€12,842) and Receivables within one year (+€11,097)
- Receivables within one year -€11,097
down €11,097 (-24.3%), from €45,671 to €34,574
of which Trade receivables: -€21,867
- Reserves +€12,842
up €12,842 (+11.9%), from €107,906 to €120,748
of which Distributable reserves: +€12,842
- Tax, wage and social debts +€3,706
up €3,706 (+33.7%), from €11,008 to €14,714
- Trade debts -€1,824
down €1,824 (-80.1%), from €2,278 to €454
- Gross operating margin -€20,337
down €20,337 (-48.3%), from €42,109 to €21,771
- Taxes -€6,567
down €6,567 (-42.0%), from €15,640 to €9,073
- Financial income -€3,580
down €3,580 (-71.5%), from €5,008 to €1,428
of which Non-recurring financial income: -€3,600
- Financial charges -€618
down €618 (-74.3%), from €832 to €214
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 | €133,592 | €148,316 | +€14,724 | +11.0% |
| Fixed assets | 21/28 | €4,851 | €4,405 | -€446 | -9.2% |
| Tangible fixed assets | 22/27 | €4,851 | €4,405 | -€446 | -9.2% |
| Furniture and vehicles | 24 | €1,251 | €805 | -€446 | -35.6% |
| Other tangible fixed assets | 26 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €128,741 | €143,911 | +€15,169 | +11.8% |
| Amounts receivable within one year | 40/41 | €45,671 | €34,574 | -€11,097 | -24.3% |
| Trade receivables | 40 | €23,803 | €1,936 | -€21,867 | -91.9% |
| Other amounts receivable | 41 | €21,868 | €32,638 | +€10,770 | +49.3% |
| Cash at bank and in hand | 54/58 | €82,811 | €108,733 | +€25,922 | +31.3% |
| Deferred charges and accrued income | 490/1 | €259 | €604 | +€345 | +133% |
| Total equity and liabilities | 10/49 | €133,592 | €148,316 | +€14,724 | +11.0% |
| Equity | 10/15 | €120,306 | €133,148 | +€12,842 | +10.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €107,906 | €120,748 | +€12,842 | +11.9% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €89,156 | €101,998 | +€12,842 | +14.4% |
| Amounts payable | 17/49 | €13,286 | €15,168 | +€1,882 | +14.2% |
| Amounts payable within one year | 42/48 | €13,286 | €15,168 | +€1,882 | +14.2% |
| Trade debts | 44 | €2,278 | €454 | -€1,824 | -80.1% |
| Suppliers | 440/4 | €2,278 | €454 | -€1,824 | -80.1% |
| Taxes, remuneration and social security | 45 | €11,008 | €14,714 | +€3,706 | +33.7% |
| Taxes | 450/3 | €11,008 | €14,714 | +€3,706 | +33.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86 | €446 | +€359 | +415% |
| Other operating charges | 640/8 | €853 | €626 | -€227 | -26.6% |
| Gross operating margin | 9900 | €42,109 | €21,771 | -€20,337 | -48.3% |
| Operating profit (loss) | 9901 | €41,170 | €20,700 | -€20,470 | -49.7% |
| Financial income | 75/76B | €5,008 | €1,428 | -€3,580 | -71.5% |
| Recurring financial income | 75 | €1,408 | €1,428 | +€20 | +1.4% |
| Non-recurring financial income | 76B | €3,600 | - | -€3,600 | |
| Financial charges | 65/66B | €832 | €214 | -€618 | -74.3% |
| Recurring financial charges | 65 | €832 | €214 | -€618 | -74.3% |
| Profit (loss) for the period before taxes | 9903 | €45,346 | €21,915 | -€23,431 | -51.7% |
| Income taxes | 67/77 | €15,640 | €9,073 | -€6,567 | -42.0% |
| Profit (loss) for the period | 9904 | €29,705 | €12,842 | -€16,864 | -56.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,705 | €12,842 | -€16,864 | -56.8% |
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 28 October 2026 via checked.be.