HRC DIAMONDS: 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.
HRC DIAMONDS
Largest movements
- Stocks and contracts -€2.7m
no longer reported in 2025 (was €2.7m)
- Receivables within one year -€228,414
down €228,414 (-23.8%), from €960,225 to €731,812
of which Other amounts receivable: -€174,395
- Cash +€85,497
up €85,497 (+17.5%), from €487,386 to €572,883
mainly Stocks and contracts (+€2.7m) and Receivables within one year (+€228,414)
- Profit (loss) carried forward -€1.2m
new in 2025: -€1.2m
- Other debts -€998,086
no longer reported in 2025 (was €998,086)
- Trade debts -€634,428
down €634,428 (-98.2%), from €645,869 to €11,441
- Gross operating margin -€161,407
down €161,407 (-16.8%), from -€961,723 to -€1.1m
- Staff costs +€25,139
up €25,139 (+255%), from €9,863 to €35,002
- Taxes +€21,333
up €21,333 (+341%), from €6,263 to €27,597
- Financial income +€13,913
up €13,913 (+1,769%), from €787 to €14,699
- Financial charges -€11,327
down €11,327 (-45.7%), from €24,779 to €13,452
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 | €4,315,961 | €1,482,546 | -€2.8m | -65.6% |
| Fixed assets | 21/28 | €185,509 | €173,927 | -€11,582 | -6.2% |
| Tangible fixed assets | 22/27 | €185,509 | €173,927 | -€11,582 | -6.2% |
| Land and buildings | 22 | €170,816 | €166,071 | -€4,745 | -2.8% |
| Plant, machinery and equipment | 23 | €14,693 | €7,856 | -€6,837 | -46.5% |
| Current assets | 29/58 | €4,130,452 | €1,308,619 | -€2.8m | -68.3% |
| Stocks and contracts in progress | 3 | €2,671,864 | - | -€2.7m | |
| Stocks | 30/36 | €2,671,864 | - | -€2.7m | |
| Amounts receivable within one year | 40/41 | €960,225 | €731,812 | -€228,414 | -23.8% |
| Trade receivables | 40 | €469,414 | €415,396 | -€54,019 | -11.5% |
| Other amounts receivable | 41 | €490,811 | €316,416 | -€174,395 | -35.5% |
| Cash at bank and in hand | 54/58 | €487,386 | €572,883 | +€85,497 | +17.5% |
| Deferred charges and accrued income | 490/1 | €10,977 | €3,924 | -€7,053 | -64.3% |
| Total equity and liabilities | 10/49 | €4,315,961 | €1,482,546 | -€2.8m | -65.6% |
| Equity | 10/15 | €2,617,088 | €1,416,260 | -€1.2m | -45.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,598,488 | €2,598,488 | = | 0.0% |
| Distributable reserves | 133 | €2,598,488 | €2,598,488 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€1,200,828 | -€1.2m | |
| Amounts payable | 17/49 | €1,698,874 | €66,286 | -€1.6m | -96.1% |
| Amounts payable after more than one year | 17 | €20,611 | - | -€20,611 | |
| Financial debts | 170/4 | €20,611 | - | -€20,611 | |
| Amounts payable within one year | 42/48 | €1,678,258 | €66,165 | -€1.6m | -96.1% |
| Current portion of amounts payable after more than one year | 42 | €20,909 | €20,598 | -€310 | -1.5% |
| Trade debts | 44 | €645,869 | €11,441 | -€634,428 | -98.2% |
| Suppliers | 440/4 | €645,869 | €11,441 | -€634,428 | -98.2% |
| Taxes, remuneration and social security | 45 | €13,394 | €34,126 | +€20,732 | +155% |
| Taxes | 450/3 | €9,778 | €28,405 | +€18,627 | +191% |
| Remuneration and social security | 454/9 | €3,616 | €5,721 | +€2,104 | +58.2% |
| Other amounts payable | 47/48 | €998,086 | - | -€998,086 | |
| Accrued charges and deferred income | 492/3 | €5 | €120 | +€115 | +2,150% |
| Remuneration, social security and pensions | 62 | €9,863 | €35,002 | +€25,139 | +255% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,582 | €11,582 | = | 0.0% |
| Other operating charges | 640/8 | €5,083 | €4,764 | -€319 | -6.3% |
| Gross operating margin | 9900 | -€961,723 | -€1,123,130 | -€161,407 | -16.8% |
| Operating profit (loss) | 9901 | -€988,251 | -€1,174,478 | -€186,227 | -18.8% |
| Financial income | 75/76B | €787 | €14,699 | +€13,913 | +1,769% |
| Recurring financial income | 75 | €787 | €14,699 | +€13,913 | +1,769% |
| Financial charges | 65/66B | €24,779 | €13,452 | -€11,327 | -45.7% |
| Recurring financial charges | 65 | €24,779 | €13,452 | -€11,327 | -45.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,012,244 | -€1,173,231 | -€160,987 | -15.9% |
| Income taxes | 67/77 | €6,263 | €27,597 | +€21,333 | +341% |
| Profit (loss) for the period | 9904 | -€1,018,508 | -€1,200,828 | -€182,320 | -17.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,018,508 | -€1,200,828 | -€182,320 | -17.9% |
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 14 October 2026 via checked.be.