HV Compliance 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.
HV Compliance Services
Largest movements
- Receivables within one year +€12,951
up €12,951 (+39.9%), from €32,433 to €45,384
of which Other amounts receivable: +€21,731
- Tangible fixed assets -€3,871
down €3,871 (-59.8%), from €6,468 to €2,597
of which Furniture and vehicles: -€3,745
- Deferred charges and accrued income -€2,002
down €2,002 (-95.7%), from €2,093 to €91
- Cash +€732
up €732 (+6.6%), from €11,096 to €11,828
mainly Net result for the year (+€8,813) and Investment in fixed assets (net) (+€2,515)
- Profit (loss) carried forward +€8,813
up €8,813 (+42.9%), from €20,531 to €29,344
- Trade debts -€2,863
down €2,863 (-55.5%), from €5,160 to €2,297
- Tax, wage and social debts +€2,137
up €2,137 (+12.9%), from €16,545 to €18,682
- Gross operating margin -€13,537
down €13,537 (-41.7%), from €32,477 to €18,939
- Depreciation -€8,629
down €8,629 (-84.0%), from €10,268 to €1,640
- Financial charges +€3,851
up €3,851 (+2,532%), from €152 to €4,003
- Financial income +€1,293
up €1,293 (+394%), from €328 to €1,621
- Taxes -€1,117
down €1,117 (-19.3%), from €5,785 to €4,668
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 | €52,796 | €60,322 | +€7,527 | +14.3% |
| Formation expenses | 20 | €707 | €423 | -€284 | -40.2% |
| Fixed assets | 21/28 | €6,468 | €2,597 | -€3,871 | -59.8% |
| Tangible fixed assets | 22/27 | €6,468 | €2,597 | -€3,871 | -59.8% |
| Furniture and vehicles | 24 | €5,471 | €1,726 | -€3,745 | -68.5% |
| Other tangible fixed assets | 26 | €997 | €871 | -€126 | -12.6% |
| Current assets | 29/58 | €45,621 | €57,303 | +€11,682 | +25.6% |
| Amounts receivable within one year | 40/41 | €32,433 | €45,384 | +€12,951 | +39.9% |
| Trade receivables | 40 | €22,556 | €13,776 | -€8,780 | -38.9% |
| Other amounts receivable | 41 | €9,877 | €31,608 | +€21,731 | +220% |
| Cash at bank and in hand | 54/58 | €11,096 | €11,828 | +€732 | +6.6% |
| Deferred charges and accrued income | 490/1 | €2,093 | €91 | -€2,002 | -95.7% |
| Total equity and liabilities | 10/49 | €52,796 | €60,322 | +€7,527 | +14.3% |
| Equity | 10/15 | €30,531 | €39,344 | +€8,813 | +28.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,531 | €29,344 | +€8,813 | +42.9% |
| Amounts payable | 17/49 | €22,265 | €20,979 | -€1,286 | -5.8% |
| Amounts payable within one year | 42/48 | €22,265 | €20,979 | -€1,286 | -5.8% |
| Trade debts | 44 | €5,160 | €2,297 | -€2,863 | -55.5% |
| Suppliers | 440/4 | €5,160 | €2,297 | -€2,863 | -55.5% |
| Taxes, remuneration and social security | 45 | €16,545 | €18,682 | +€2,137 | +12.9% |
| Taxes | 450/3 | €16,545 | €18,682 | +€2,137 | +12.9% |
| Other amounts payable | 47/48 | €560 | - | -€560 | |
| Non-recurring operating income | 76A | - | €17,326 | +€17,326 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,268 | €1,640 | -€8,629 | -84.0% |
| Other operating charges | 640/8 | €1,064 | €1,437 | +€373 | +35.1% |
| Gross operating margin | 9900 | €32,477 | €18,939 | -€13,537 | -41.7% |
| Operating profit (loss) | 9901 | €21,144 | €15,863 | -€5,282 | -25.0% |
| Financial income | 75/76B | €328 | €1,621 | +€1,293 | +394% |
| Recurring financial income | 75 | €328 | €1,621 | +€1,293 | +394% |
| Financial charges | 65/66B | €152 | €4,003 | +€3,851 | +2,532% |
| Recurring financial charges | 65 | €152 | €4,003 | +€3,851 | +2,532% |
| Profit (loss) for the period before taxes | 9903 | €21,320 | €13,481 | -€7,840 | -36.8% |
| Income taxes | 67/77 | €5,785 | €4,668 | -€1,117 | -19.3% |
| Profit (loss) for the period | 9904 | €15,536 | €8,813 | -€6,723 | -43.3% |
| Profit (loss) for the period to be appropriated | 9905 | €15,536 | €8,813 | -€6,723 | -43.3% |
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 28 October 2026 via checked.be.