HSE PRO: 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.
HSE PRO
Largest movements
- Receivables within one year -€46,833
down €46,833 (-40.9%), from €114,520 to €67,687
of which Trade receivables: -€23,620
- Cash +€2,095
up €2,095 (+26.1%), from €8,041 to €10,136
mainly Receivables within one year (+€46,833) and Depreciation (+€286)
- Profit (loss) carried forward -€19,375
down €19,375 (-26.9%), from €71,898 to €52,523
- Trade debts -€19,349
no longer reported in 2025 (was €19,349)
- Tax, wage and social debts -€6,300
down €6,300 (-21.4%), from €29,386 to €23,086
- Turnover -€75,724
down €75,724 (-53.0%), from €142,800 to €67,076
- Gross operating margin -€75,362
down €75,362, from €62,009 to -€13,353
- Taxes -€13,692
no longer reported in 2025 (was €13,692)
- Purchases and services -€9,808
down €9,808 (-10.3%), from €95,305 to €85,497
- Staff costs +€2,972
up €2,972 (+1,331%), from €223 to €3,195
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 | €123,133 | €78,109 | -€45,024 | -36.6% |
| Fixed assets | 21/28 | €571 | €286 | -€286 | -50.0% |
| Tangible fixed assets | 22/27 | €571 | €286 | -€286 | -50.0% |
| Plant, machinery and equipment | 23 | €571 | €286 | -€286 | -50.0% |
| Current assets | 29/58 | €122,561 | €77,823 | -€44,738 | -36.5% |
| Amounts receivable within one year | 40/41 | €114,520 | €67,687 | -€46,833 | -40.9% |
| Trade receivables | 40 | €24,696 | €1,076 | -€23,620 | -95.6% |
| Other amounts receivable | 41 | €89,825 | €66,611 | -€23,214 | -25.8% |
| Cash at bank and in hand | 54/58 | €8,041 | €10,136 | +€2,095 | +26.1% |
| Total equity and liabilities | 10/49 | €123,133 | €78,109 | -€45,024 | -36.6% |
| Equity | 10/15 | €74,398 | €55,023 | -€19,375 | -26.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Contributions outside capital | 11 | €2,500 | €2,500 | = | 0.0% |
| Other | 1109/19 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,898 | €52,523 | -€19,375 | -26.9% |
| Amounts payable | 17/49 | €48,735 | €23,086 | -€25,649 | -52.6% |
| Amounts payable within one year | 42/48 | €48,735 | €23,086 | -€25,649 | -52.6% |
| Trade debts | 44 | €19,349 | - | -€19,349 | |
| Suppliers | 440/4 | €19,349 | - | -€19,349 | |
| Taxes, remuneration and social security | 45 | €29,386 | €23,086 | -€6,300 | -21.4% |
| Taxes | 450/3 | €29,386 | €23,086 | -€6,300 | -21.4% |
| Turnover | 70 | €142,800 | €67,076 | -€75,724 | -53.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €95,305 | €85,497 | -€9,808 | -10.3% |
| Remuneration, social security and pensions | 62 | €223 | €3,195 | +€2,972 | +1,331% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €769 | €286 | -€484 | -62.9% |
| Other operating charges | 640/8 | €1,607 | €894 | -€713 | -44.4% |
| Gross operating margin | 9900 | €62,009 | -€13,353 | -€75,362 | |
| Operating profit (loss) | 9901 | €59,409 | -€17,728 | -€77,137 | |
| Financial charges | 65/66B | €1,011 | €1,647 | +€636 | +62.9% |
| Recurring financial charges | 65 | €1,011 | €1,647 | +€636 | +62.9% |
| Profit (loss) for the period before taxes | 9903 | €58,398 | -€19,375 | -€77,773 | |
| Income taxes | 67/77 | €13,692 | - | -€13,692 | |
| Profit (loss) for the period | 9904 | €44,706 | -€19,375 | -€64,081 | |
| Profit (loss) for the period to be appropriated | 9905 | €44,706 | -€19,375 | -€64,081 |
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 13 October 2026 via checked.be.