HRUNANSKY STEPHANE: 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.
HRUNANSKY STEPHANE
Largest movements
- Receivables within one year -€46,509
down €46,509 (-52.3%), from €88,878 to €42,369
of which Trade receivables: -€62,944
- Cash -€22,153
down €22,153 (-33.5%), from €66,117 to €43,964
mainly Net result for the year (-€65,463) and Debts after one year (-€11,711)
- Tangible fixed assets -€13,590
down €13,590 (-26.3%), from €51,767 to €38,177
of which Furniture and vehicles: -€15,990
- Profit (loss) carried forward -€65,463
down €65,463 (-68.9%), from €95,045 to €29,582
- Debts after one year -€11,711
down €11,711 (-38.1%), from €30,730 to €19,019
- Tax, wage and social debts -€8,416
down €8,416 (-71.3%), from €11,811 to €3,394
of which Taxes: -€8,416
- Trade debts +€2,750
up €2,750 (+19.9%), from €13,788 to €16,538
- Gross operating margin -€80,671
down €80,671, from €38,910 to -€41,761
- Taxes -€6,416
down €6,416 (-94.2%), from €6,811 to €394
- Depreciation +€3,120
up €3,120 (+21.4%), from €14,567 to €17,687
- Write-downs +€2,253
new in 2025: €2,253
- Other operating charges -€997
down €997 (-32.3%), from €3,089 to €2,091
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 | €212,435 | €129,849 | -€82,586 | -38.9% |
| Fixed assets | 21/28 | €51,767 | €38,177 | -€13,590 | -26.3% |
| Tangible fixed assets | 22/27 | €51,767 | €38,177 | -€13,590 | -26.3% |
| Plant, machinery and equipment | 23 | €1,555 | €820 | -€735 | -47.3% |
| Furniture and vehicles | 24 | €45,754 | €29,764 | -€15,990 | -34.9% |
| Other tangible fixed assets | 26 | €4,457 | €7,593 | +€3,135 | +70.3% |
| Current assets | 29/58 | €160,668 | €91,672 | -€68,996 | -42.9% |
| Stocks and contracts in progress | 3 | €1,250 | €1,250 | = | 0.0% |
| Stocks | 30/36 | €1,250 | €1,250 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €88,878 | €42,369 | -€46,509 | -52.3% |
| Trade receivables | 40 | €77,905 | €14,961 | -€62,944 | -80.8% |
| Other amounts receivable | 41 | €10,973 | €27,408 | +€16,435 | +150% |
| Cash at bank and in hand | 54/58 | €66,117 | €43,964 | -€22,153 | -33.5% |
| Deferred charges and accrued income | 490/1 | €4,423 | €4,089 | -€335 | -7.6% |
| Total equity and liabilities | 10/49 | €212,435 | €129,849 | -€82,586 | -38.9% |
| Equity | 10/15 | €144,388 | €78,925 | -€65,463 | -45.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €30,743 | €30,743 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €28,883 | €28,883 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,045 | €29,582 | -€65,463 | -68.9% |
| Amounts payable | 17/49 | €68,047 | €50,924 | -€17,123 | -25.2% |
| Amounts payable after more than one year | 17 | €30,730 | €19,019 | -€11,711 | -38.1% |
| Financial debts | 170/4 | €30,730 | €19,019 | -€11,711 | -38.1% |
| Amounts payable within one year | 42/48 | €36,967 | €31,644 | -€5,323 | -14.4% |
| Current portion of amounts payable after more than one year | 42 | €11,368 | €11,711 | +€343 | +3.0% |
| Trade debts | 44 | €13,788 | €16,538 | +€2,750 | +19.9% |
| Suppliers | 440/4 | €13,788 | €16,538 | +€2,750 | +19.9% |
| Taxes, remuneration and social security | 45 | €11,811 | €3,394 | -€8,416 | -71.3% |
| Taxes | 450/3 | €8,811 | €394 | -€8,416 | -95.5% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €350 | €261 | -€89 | -25.4% |
| Remuneration, social security and pensions | 62 | €465 | €705 | +€240 | +51.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,567 | €17,687 | +€3,120 | +21.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,253 | +€2,253 | |
| Other operating charges | 640/8 | €3,089 | €2,091 | -€997 | -32.3% |
| Gross operating margin | 9900 | €38,910 | -€41,761 | -€80,671 | |
| Operating profit (loss) | 9901 | €20,790 | -€64,497 | -€85,287 | |
| Financial income | 75/76B | €1,014 | €1,178 | +€164 | +16.2% |
| Recurring financial income | 75 | €1,014 | €1,178 | +€164 | +16.2% |
| Financial charges | 65/66B | €1,110 | €1,749 | +€639 | +57.6% |
| Recurring financial charges | 65 | €1,110 | €1,749 | +€639 | +57.6% |
| Profit (loss) for the period before taxes | 9903 | €20,693 | -€65,069 | -€85,762 | |
| Income taxes | 67/77 | €6,811 | €394 | -€6,416 | -94.2% |
| Profit (loss) for the period | 9904 | €13,883 | -€65,463 | -€79,346 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,883 | -€65,463 | -€79,346 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.