HR & YOU: 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 & YOU
Largest movements
- Cash -€56,953
down €56,953 (-68.1%), from €83,640 to €26,687
mainly Net result for the year (-€27,980) and Contributions, distributions and other (-€17,500)
- Receivables within one year +€2,712
up €2,712 (+130%), from €2,084 to €4,796
of which Trade receivables: +€2,642
- Tangible fixed assets -€2,444
down €2,444 (-18.6%), from €13,169 to €10,726
of which Other tangible fixed assets: -€1,604
- Receivables after one year -€1,163
down €1,163 (-9.9%), from €11,700 to €10,538
- Profit (loss) carried forward -€27,980
down €27,980, from €19,738 to -€8,242
- Reserves -€17,500
down €17,500 (-30.4%), from €57,542 to €40,042
of which Distributable reserves: -€17,500
- Tax, wage and social debts -€12,937
down €12,937 (-95.1%), from €13,608 to €671
- Other debts +€5,031
up €5,031 (+40.0%), from €12,568 to €17,599
- Trade debts -€3,493
down €3,493 (-48.6%), from €7,191 to €3,698
- Gross operating margin -€81,216
down €81,216, from €57,357 to -€23,859
- Taxes -€13,577
down €13,577 (-97.9%), from €13,871 to €294
- Financial income +€636
up €636 (+157%), from €404 to €1,040
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 | €112,712 | €55,768 | -€56,944 | -50.5% |
| Fixed assets | 21/28 | €13,169 | €10,726 | -€2,444 | -18.6% |
| Tangible fixed assets | 22/27 | €13,169 | €10,726 | -€2,444 | -18.6% |
| Furniture and vehicles | 24 | €1,687 | €847 | -€840 | -49.8% |
| Other tangible fixed assets | 26 | €11,483 | €9,879 | -€1,604 | -14.0% |
| Current assets | 29/58 | €99,542 | €45,042 | -€54,500 | -54.8% |
| Amounts receivable after more than one year | 29 | €11,700 | €10,538 | -€1,163 | -9.9% |
| Other amounts receivable | 291 | €11,700 | €10,538 | -€1,163 | -9.9% |
| Amounts receivable within one year | 40/41 | €2,084 | €4,796 | +€2,712 | +130% |
| Trade receivables | 40 | €1,927 | €4,568 | +€2,642 | +137% |
| Other amounts receivable | 41 | €157 | €227 | +€70 | +44.7% |
| Cash at bank and in hand | 54/58 | €83,640 | €26,687 | -€56,953 | -68.1% |
| Deferred charges and accrued income | 490/1 | €2,118 | €3,021 | +€903 | +42.6% |
| Total equity and liabilities | 10/49 | €112,712 | €55,768 | -€56,944 | -50.5% |
| Equity | 10/15 | €79,280 | €33,800 | -€45,480 | -57.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €57,542 | €40,042 | -€17,500 | -30.4% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Distributable reserves | 133 | €57,342 | €39,842 | -€17,500 | -30.5% |
| Profit (loss) carried forward | 14 | €19,738 | -€8,242 | -€27,980 | |
| Amounts payable | 17/49 | €33,432 | €21,968 | -€11,464 | -34.3% |
| Amounts payable within one year | 42/48 | €33,366 | €21,968 | -€11,398 | -34.2% |
| Trade debts | 44 | €7,191 | €3,698 | -€3,493 | -48.6% |
| Suppliers | 440/4 | €7,191 | €3,698 | -€3,493 | -48.6% |
| Taxes, remuneration and social security | 45 | €13,608 | €671 | -€12,937 | -95.1% |
| Taxes | 450/3 | €13,608 | €671 | -€12,937 | -95.1% |
| Other amounts payable | 47/48 | €12,568 | €17,599 | +€5,031 | +40.0% |
| Accrued charges and deferred income | 492/3 | €66 | - | -€66 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,171 | €2,444 | +€273 | +12.6% |
| Other operating charges | 640/8 | €581 | €594 | +€13 | +2.3% |
| Gross operating margin | 9900 | €57,357 | -€23,859 | -€81,216 | |
| Operating profit (loss) | 9901 | €54,605 | -€26,897 | -€81,502 | |
| Financial income | 75/76B | €404 | €1,040 | +€636 | +157% |
| Recurring financial income | 75 | €404 | €1,040 | +€636 | +157% |
| Financial charges | 65/66B | €1,400 | €1,830 | +€430 | +30.7% |
| Recurring financial charges | 65 | €1,400 | €1,830 | +€430 | +30.7% |
| Profit (loss) for the period before taxes | 9903 | €53,610 | -€27,686 | -€81,296 | |
| Income taxes | 67/77 | €13,871 | €294 | -€13,577 | -97.9% |
| Profit (loss) for the period | 9904 | €39,738 | -€27,980 | -€67,719 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,738 | -€27,980 | -€67,719 |
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 19 October 2026 via checked.be.