HRNature: 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.
HRNature
Largest movements
- Receivables within one year +€93,678
up €93,678 (+174%), from €53,737 to €147,415
of which Trade receivables: +€50,295
- Deferred charges and accrued income -€13,410
down €13,410 (-98.2%), from €13,659 to €249
- Cash -€7,819
down €7,819 (-73.8%), from €10,595 to €2,777
mainly Receivables within one year (-€93,678)
- Reserves +€40,583
up €40,583 (+60.3%), from €67,265 to €107,848
- Trade debts +€24,712
up €24,712 (+5,753%), from €430 to €25,142
- Tax, wage and social debts +€7,055
up €7,055 (+155%), from €4,562 to €11,617
- Gross operating margin +€43,591
up €43,591 (+548%), from €7,955 to €51,546
- Taxes +€12,594
up €12,594 (+541%), from €2,328 to €14,922
- Financial income +€1,794
up €1,794 (+69.7%), from €2,575 to €4,369
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 | €78,456 | €150,906 | +€72,450 | +92.3% |
| Fixed assets | 21/28 | €465 | €465 | = | 0.0% |
| Financial fixed assets | 28 | €465 | €465 | = | 0.0% |
| Current assets | 29/58 | €77,991 | €150,441 | +€72,450 | +92.9% |
| Amounts receivable within one year | 40/41 | €53,737 | €147,415 | +€93,678 | +174% |
| Trade receivables | 40 | €3,348 | €53,643 | +€50,295 | +1,502% |
| Other amounts receivable | 41 | €50,389 | €93,772 | +€43,383 | +86.1% |
| Cash at bank and in hand | 54/58 | €10,595 | €2,777 | -€7,819 | -73.8% |
| Deferred charges and accrued income | 490/1 | €13,659 | €249 | -€13,410 | -98.2% |
| Total equity and liabilities | 10/49 | €78,456 | €150,906 | +€72,450 | +92.3% |
| Equity | 10/15 | €73,465 | €114,048 | +€40,583 | +55.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €67,265 | €107,848 | +€40,583 | +60.3% |
| Distributable reserves | 133 | €67,265 | €107,848 | +€40,583 | +60.3% |
| Amounts payable | 17/49 | €4,991 | €36,858 | +€31,867 | +638% |
| Amounts payable within one year | 42/48 | €4,991 | €36,858 | +€31,867 | +638% |
| Trade debts | 44 | €430 | €25,142 | +€24,712 | +5,753% |
| Suppliers | 440/4 | €430 | €25,142 | +€24,712 | +5,753% |
| Taxes, remuneration and social security | 45 | €4,562 | €11,617 | +€7,055 | +155% |
| Taxes | 450/3 | €4,562 | €11,617 | +€7,055 | +155% |
| Other amounts payable | 47/48 | - | €100 | +€100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €466 | - | -€466 | |
| Other operating charges | 640/8 | - | €113 | +€113 | |
| Gross operating margin | 9900 | €7,955 | €51,546 | +€43,591 | +548% |
| Operating profit (loss) | 9901 | €7,489 | €51,433 | +€43,944 | +587% |
| Financial income | 75/76B | €2,575 | €4,369 | +€1,794 | +69.7% |
| Recurring financial income | 75 | €2,575 | €4,369 | +€1,794 | +69.7% |
| Financial charges | 65/66B | €93 | €297 | +€204 | +219% |
| Recurring financial charges | 65 | €93 | €297 | +€204 | +219% |
| Profit (loss) for the period before taxes | 9903 | €9,971 | €55,505 | +€45,534 | +457% |
| Income taxes | 67/77 | €2,328 | €14,922 | +€12,594 | +541% |
| Profit (loss) for the period | 9904 | €7,642 | €40,583 | +€32,941 | +431% |
| Profit (loss) for the period to be appropriated | 9905 | €7,642 | €40,583 | +€32,941 | +431% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.