HT ADVICE'S: 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.
HT ADVICE'S
Largest movements
- Receivables within one year -€99,356
down €99,356 (-94.2%), from €105,500 to €6,144
- Receivables after one year +€8,025
up €8,025 (+9.0%), from €88,855 to €96,880
- Deferred charges and accrued income +€2,797
up €2,797 (+30.0%), from €9,330 to €12,127
- Advances received -€117,552
no longer reported in 2025 (was €117,552)
- Tax, wage and social debts +€17,242
up €17,242 (+78.6%), from €21,945 to €39,187
of which Taxes: +€17,242
- Reserves +€11,748
up €11,748 (+41.1%), from €28,603 to €40,351
- Gross operating margin -€3,126
down €3,126 (-16.8%), from €18,644 to €15,518
- Taxes -€884
down €884 (-20.3%), from €4,364 to €3,480
- Financial charges -€596
down €596 (-16.6%), from €3,598 to €3,002
- Financial income +€347
up €347 (+12.3%), from €2,831 to €3,179
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 | €203,685 | €115,152 | -€88,534 | -43.5% |
| Current assets | 29/58 | €203,685 | €115,152 | -€88,534 | -43.5% |
| Amounts receivable after more than one year | 29 | €88,855 | €96,880 | +€8,025 | +9.0% |
| Other amounts receivable | 291 | €88,855 | €96,880 | +€8,025 | +9.0% |
| Amounts receivable within one year | 40/41 | €105,500 | €6,144 | -€99,356 | -94.2% |
| Trade receivables | 40 | €105,500 | €6,144 | -€99,356 | -94.2% |
| Cash at bank and in hand | 54/58 | €0 | €1 | +€1 | +193% |
| Deferred charges and accrued income | 490/1 | €9,330 | €12,127 | +€2,797 | +30.0% |
| Total equity and liabilities | 10/49 | €203,685 | €115,152 | -€88,534 | -43.5% |
| Equity | 10/15 | €47,203 | €58,951 | +€11,748 | +24.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €28,603 | €40,351 | +€11,748 | +41.1% |
| Distributable reserves | 133 | €28,603 | €40,351 | +€11,748 | +41.1% |
| Amounts payable | 17/49 | €156,482 | €56,201 | -€100,282 | -64.1% |
| Amounts payable within one year | 42/48 | €156,272 | €56,002 | -€100,270 | -64.2% |
| Financial debts | 43 | €2,996 | €2,990 | -€6 | -0.2% |
| Credit institutions | 430/8 | €2,996 | €2,990 | -€6 | -0.2% |
| Trade debts | 44 | €13,774 | €13,824 | +€50 | +0.4% |
| Suppliers | 440/4 | €13,774 | €13,824 | +€50 | +0.4% |
| Advances received on contracts in progress | 46 | €117,552 | - | -€117,552 | |
| Taxes, remuneration and social security | 45 | €21,945 | €39,187 | +€17,242 | +78.6% |
| Taxes | 450/3 | €14,535 | €31,777 | +€17,242 | +119% |
| Remuneration and social security | 454/9 | €7,410 | €7,410 | = | 0.0% |
| Other amounts payable | 47/48 | €5 | €1 | -€4 | -80.7% |
| Accrued charges and deferred income | 492/3 | €211 | €199 | -€12 | -5.6% |
| Other operating charges | 640/8 | €591 | €467 | -€124 | -21.0% |
| Gross operating margin | 9900 | €18,644 | €15,518 | -€3,126 | -16.8% |
| Operating profit (loss) | 9901 | €18,053 | €15,052 | -€3,002 | -16.6% |
| Financial income | 75/76B | €2,831 | €3,179 | +€347 | +12.3% |
| Recurring financial income | 75 | €2,831 | €3,179 | +€347 | +12.3% |
| Financial charges | 65/66B | €3,598 | €3,002 | -€596 | -16.6% |
| Recurring financial charges | 65 | €3,598 | €3,002 | -€596 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €17,287 | €15,228 | -€2,058 | -11.9% |
| Income taxes | 67/77 | €4,364 | €3,480 | -€884 | -20.3% |
| Profit (loss) for the period | 9904 | €12,922 | €11,748 | -€1,174 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,922 | €11,748 | -€1,174 | -9.1% |
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 14 October 2026 via checked.be.