HS Maintenance: what changed
HS Maintenance
Largest movements
- Cash +€2,080
up €2,080 (+188%), from €1,106 to €3,185
mainly Other debts (+€3,277) and Stocks and contracts (+€1,470)
- Stocks and contracts -€1,470
down €1,470 (-16.9%), from €8,720 to €7,250
- Receivables within one year -€1,029
down €1,029 (-20.3%), from €5,058 to €4,029
of which Other amounts receivable: -€2,118
- Tangible fixed assets -€312
down €312 (-33.3%), from €935 to €623
- Tax, wage and social debts -€4,149
down €4,149 (-45.9%), from €9,046 to €4,897
of which Remuneration and social security: -€4,866
- Other debts +€3,277
new in 2025: €3,277
- Accrued charges and deferred income -€1,906
no longer reported in 2025 (was €1,906)
- Trade debts +€1,054
up €1,054 (+44.2%), from €2,387 to €3,441
- Profit (loss) carried forward +€994
up €994 (+7.8%), from -€12,704 to -€11,710
- Gross operating margin +€13,551
up €13,551, from -€10,460 to €3,091
- Taxes +€1,666
new in 2025: €1,666
- Other operating charges -€814
no longer reported in 2025 (was €814)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,819 | €15,088 | -€731 | -4.6% |
| Fixed assets | 21/28 | €935 | €623 | -€312 | -33.3% |
| Tangible fixed assets | 22/27 | €935 | €623 | -€312 | -33.3% |
| Plant, machinery and equipment | 23 | €935 | €623 | -€312 | -33.3% |
| Current assets | 29/58 | €14,884 | €14,465 | -€419 | -2.8% |
| Stocks and contracts in progress | 3 | €8,720 | €7,250 | -€1,470 | -16.9% |
| Stocks | 30/36 | €8,720 | €7,250 | -€1,470 | -16.9% |
| Amounts receivable within one year | 40/41 | €5,058 | €4,029 | -€1,029 | -20.3% |
| Trade receivables | 40 | €2,940 | €4,029 | +€1,089 | +37.0% |
| Other amounts receivable | 41 | €2,118 | - | -€2,118 | |
| Cash at bank and in hand | 54/58 | €1,106 | €3,185 | +€2,080 | +188% |
| Total equity and liabilities | 10/49 | €15,819 | €15,088 | -€731 | -4.6% |
| Equity | 10/15 | €2,479 | €3,473 | +€994 | +40.1% |
| Contributions | 10/11 | €15,183 | €15,183 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,704 | -€11,710 | +€994 | +7.8% |
| Amounts payable | 17/49 | €13,340 | €11,615 | -€1,724 | -12.9% |
| Amounts payable within one year | 42/48 | €11,433 | €11,615 | +€182 | +1.6% |
| Trade debts | 44 | €2,387 | €3,441 | +€1,054 | +44.2% |
| Suppliers | 440/4 | €2,387 | €3,441 | +€1,054 | +44.2% |
| Taxes, remuneration and social security | 45 | €9,046 | €4,897 | -€4,149 | -45.9% |
| Taxes | 450/3 | €684 | €1,400 | +€717 | +105% |
| Remuneration and social security | 454/9 | €8,363 | €3,497 | -€4,866 | -58.2% |
| Other amounts payable | 47/48 | - | €3,277 | +€3,277 | |
| Accrued charges and deferred income | 492/3 | €1,906 | - | -€1,906 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €312 | €312 | = | 0.0% |
| Other operating charges | 640/8 | €814 | - | -€814 | |
| Gross operating margin | 9900 | -€10,460 | €3,091 | +€13,551 | |
| Operating profit (loss) | 9901 | -€11,586 | €2,779 | +€14,365 | |
| Financial income | 75/76B | €0 | €1 | +€1 | +7,900% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +7,900% |
| Financial charges | 65/66B | €138 | €121 | -€17 | -12.6% |
| Recurring financial charges | 65 | €138 | €121 | -€17 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | -€11,724 | €2,659 | +€14,384 | |
| Income taxes | 67/77 | - | €1,666 | +€1,666 | |
| Profit (loss) for the period | 9904 | -€11,724 | €994 | +€12,718 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,724 | €994 | +€12,718 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.