HSOS Industrial Services: 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.
HSOS Industrial Services
Largest movements
- Receivables within one year +€67,538
up €67,538 (+155%), from €43,597 to €111,134
of which Trade receivables: +€72,438
- Cash +€52,925
up €52,925 (+164%), from €32,267 to €85,192
mainly Tax, wage and social debts (+€59,449) and Trade debts (+€26,671)
- Deferred charges and accrued income -€4,258
down €4,258 (-65.0%), from €6,548 to €2,290
- Financial fixed assets -€2,425
down €2,425 (-16.7%), from €14,505 to €12,080
- Tax, wage and social debts +€59,449
up €59,449 (+140%), from €42,581 to €102,030
of which Taxes: +€55,581
- Trade debts +€26,671
up €26,671 (+57.3%), from €46,580 to €73,251
- Debts after one year +€20,000
new in 2025: €20,000
- Profit (loss) carried forward +€7,640
up €7,640 (+11.3%), from -€67,844 to -€60,204
- Gross operating margin +€231,130
up €231,130 (+68.9%), from €335,303 to €566,433
- Staff costs +€121,195
up €121,195 (+30.8%), from €393,522 to €514,717
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 | €121,316 | €235,088 | +€113,772 | +93.8% |
| Fixed assets | 21/28 | €27,387 | €23,580 | -€3,807 | -13.9% |
| Tangible fixed assets | 22/27 | €12,882 | €11,500 | -€1,382 | -10.7% |
| Land and buildings | 22 | €2,625 | €2,488 | -€136 | -5.2% |
| Plant, machinery and equipment | 23 | €10,257 | €9,011 | -€1,246 | -12.1% |
| Financial fixed assets | 28 | €14,505 | €12,080 | -€2,425 | -16.7% |
| Current assets | 29/58 | €93,929 | €211,509 | +€117,579 | +125% |
| Stocks and contracts in progress | 3 | €11,518 | €12,892 | +€1,375 | +11.9% |
| Stocks | 30/36 | €11,518 | €12,892 | +€1,375 | +11.9% |
| Amounts receivable within one year | 40/41 | €43,597 | €111,134 | +€67,538 | +155% |
| Trade receivables | 40 | €38,667 | €111,105 | +€72,438 | +187% |
| Other amounts receivable | 41 | €4,929 | €29 | -€4,900 | -99.4% |
| Cash at bank and in hand | 54/58 | €32,267 | €85,192 | +€52,925 | +164% |
| Deferred charges and accrued income | 490/1 | €6,548 | €2,290 | -€4,258 | -65.0% |
| Total equity and liabilities | 10/49 | €121,316 | €235,088 | +€113,772 | +93.8% |
| Equity | 10/15 | €32,156 | €39,796 | +€7,640 | +23.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,844 | -€60,204 | +€7,640 | +11.3% |
| Amounts payable | 17/49 | €89,160 | €195,292 | +€106,132 | +119% |
| Amounts payable after more than one year | 17 | - | €20,000 | +€20,000 | |
| Financial debts | 170/4 | - | €20,000 | +€20,000 | |
| Amounts payable within one year | 42/48 | €89,160 | €175,292 | +€86,132 | +96.6% |
| Trade debts | 44 | €46,580 | €73,251 | +€26,671 | +57.3% |
| Suppliers | 440/4 | €46,580 | €73,251 | +€26,671 | +57.3% |
| Taxes, remuneration and social security | 45 | €42,581 | €102,030 | +€59,449 | +140% |
| Taxes | 450/3 | €359 | €55,940 | +€55,581 | +15,469% |
| Remuneration and social security | 454/9 | €42,221 | €46,090 | +€3,869 | +9.2% |
| Other amounts payable | 47/48 | - | €11 | +€11 | |
| Remuneration, social security and pensions | 62 | €393,522 | €514,717 | +€121,195 | +30.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,552 | €2,712 | +€1,160 | +74.8% |
| Other operating charges | 640/8 | €1,894 | €2,177 | +€284 | +15.0% |
| Non-recurring operating charges | 66A | - | €29,370 | +€29,370 | |
| Gross operating margin | 9900 | €335,303 | €566,433 | +€231,130 | +68.9% |
| Operating profit (loss) | 9901 | -€61,664 | €17,456 | +€79,121 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €5,820 | €8,962 | +€3,142 | +54.0% |
| Recurring financial charges | 65 | €5,820 | €8,962 | +€3,142 | +54.0% |
| Profit (loss) for the period before taxes | 9903 | -€67,485 | €8,494 | +€75,979 | |
| Income taxes | 67/77 | €359 | €854 | +€495 | +138% |
| Profit (loss) for the period | 9904 | -€67,844 | €7,640 | +€75,484 | |
| Profit (loss) for the period to be appropriated | 9905 | -€67,844 | €7,640 | +€75,484 |
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 31 October 2026 via checked.be.