HTCDESIGN: what changed
What changed
HTCDESIGN
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
€5,723
2024 · €2,351+€3,372
Equity
€36,238
2024 · €30,515+€5,723
Cash
€1,299
2024 · €1,827-€528
Balance sheet total
€148,805
2024 · €105,419+€43,386
Largest movements
Assets
- Tangible fixed assets +€62,787
up €62,787 (+74.1%), from €84,719 to €147,507
of which Land and buildings: +€63,977
- Receivables within one year -€18,025
no longer reported in 2025 (was €18,025)
Equity and liabilities
- Other debts +€34,168
up €34,168 (+47.3%), from €72,170 to €106,338
- Profit (loss) carried forward +€5,723
up €5,723 (+35.8%), from -€15,985 to -€10,262
- Tax, wage and social debts +€4,059
up €4,059 (+365%), from €1,113 to €5,172
Income statement
- Gross operating margin +€5,038
up €5,038 (+45.5%), from €11,078 to €16,116
- Taxes +€1,388
new in 2025: €1,388
- Depreciation +€454
up €454 (+7.8%), from €5,831 to €6,284
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.
Result 2024
€2,351
Gross operating margin
+€5,038
Depreciation
-€454
Other operating charges
+€73
Financial income
-€1
Financial charges
+€102
Taxes
-€1,388
Result 2025
€5,723
raises the resultlowers the result
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.
From operations
+€68,544
Investment
-€69,072
Financing
€0
Cash 2024
€1,827
From operations (derived)
+€68,544
Net result for the year
+€5,723
Depreciation
+€6,284
Receivables within one year
+€18,025
Deferred charges and accrued income
+€848
Trade debts
-€564
Tax, wage and social debts
+€4,059
Other debts
+€34,168
Investment (derived)
-€69,072
Investment in fixed assets (net)
-€69,072
Cash 2025
€1,299
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €105,419 | €148,805 | +€43,386 | +41.2% |
| Fixed assets | 21/28 | €84,719 | €147,507 | +€62,787 | +74.1% |
| Tangible fixed assets | 22/27 | €84,719 | €147,507 | +€62,787 | +74.1% |
| Land and buildings | 22 | €80,380 | €144,358 | +€63,977 | +79.6% |
| Plant, machinery and equipment | 23 | €22 | €451 | +€428 | +1,906% |
| Furniture and vehicles | 24 | €4,317 | €2,698 | -€1,618 | -37.5% |
| Current assets | 29/58 | €20,700 | €1,299 | -€19,401 | -93.7% |
| Amounts receivable within one year | 40/41 | €18,025 | - | -€18,025 | |
| Trade receivables | 40 | €18,025 | - | -€18,025 | |
| Cash at bank and in hand | 54/58 | €1,827 | €1,299 | -€528 | -28.9% |
| Deferred charges and accrued income | 490/1 | €848 | - | -€848 | |
| Total equity and liabilities | 10/49 | €105,419 | €148,805 | +€43,386 | +41.2% |
| Equity | 10/15 | €30,515 | €36,238 | +€5,723 | +18.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €16,500 | €16,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,500 | €6,500 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,985 | -€10,262 | +€5,723 | +35.8% |
| Amounts payable | 17/49 | €74,904 | €112,568 | +€37,663 | +50.3% |
| Amounts payable within one year | 42/48 | €74,904 | €112,568 | +€37,663 | +50.3% |
| Trade debts | 44 | €1,621 | €1,057 | -€564 | -34.8% |
| Suppliers | 440/4 | €1,621 | €1,057 | -€564 | -34.8% |
| Taxes, remuneration and social security | 45 | €1,113 | €5,172 | +€4,059 | +365% |
| Taxes | 450/3 | €1,113 | €5,172 | +€4,059 | +365% |
| Other amounts payable | 47/48 | €72,170 | €106,338 | +€34,168 | +47.3% |
| Non-recurring operating income | 76A | €2,765 | - | -€2,765 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,831 | €6,284 | +€454 | +7.8% |
| Other operating charges | 640/8 | €2,750 | €2,676 | -€73 | -2.7% |
| Gross operating margin | 9900 | €11,078 | €16,116 | +€5,038 | +45.5% |
| Operating profit (loss) | 9901 | €2,497 | €7,155 | +€4,658 | +187% |
| Financial income | 75/76B | €1 | €0 | -€1 | -77.7% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -77.7% |
| Financial charges | 65/66B | €147 | €45 | -€102 | -69.3% |
| Recurring financial charges | 65 | €147 | €45 | -€102 | -69.3% |
| Profit (loss) for the period before taxes | 9903 | €2,351 | €7,111 | +€4,759 | +202% |
| Income taxes | 67/77 | - | €1,388 | +€1,388 | |
| Profit (loss) for the period | 9904 | €2,351 | €5,723 | +€3,372 | +143% |
| Profit (loss) for the period to be appropriated | 9905 | €2,351 | €5,723 | +€3,372 | +143% |
Next steps
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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 3 November 2026 via checked.be.