HR ESSENTIALS: what changed
Two fiscal 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.
HR ESSENTIALS
Largest movements
- Receivables within one year -€30,574
down €30,574 (-14.8%), from €206,466 to €175,892
of which Other amounts receivable: -€25,000
- Cash +€22,742
up €22,742 (+12.4%), from €183,295 to €206,037
mainly Net result for the year (+€71,563) and Receivables within one year (+€30,574)
- Accrued charges and deferred income -€31,506
down €31,506 (-75.8%), from €41,571 to €10,065
- Tax, wage and social debts +€21,305
up €21,305 (+43.3%), from €49,159 to €70,464
of which Remuneration and social security: +€32,404
- Current portion of long-term debt +€16,457
new in 2025: €16,457
- Trade debts -€8,052
down €8,052 (-20.5%), from €39,323 to €31,271
- Staff costs +€176,922
up €176,922 (+62.4%), from €283,722 to €460,644
- Gross operating margin +€170,053
up €170,053 (+45.4%), from €374,947 to €545,000
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.
Cash bridge derived
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 | €491,586 | €486,353 | -€5,233 | -1.1% |
| Current assets | 29/58 | €491,586 | €486,353 | -€5,233 | -1.1% |
| Amounts receivable within one year | 40/41 | €206,466 | €175,892 | -€30,574 | -14.8% |
| Trade receivables | 40 | €181,466 | €175,891 | -€5,575 | -3.1% |
| Other amounts receivable | 41 | €25,000 | €0 | -€25,000 | -100.0% |
| Current investments | 50/53 | €100,000 | €102,000 | +€2,000 | +2.0% |
| Cash at bank and in hand | 54/58 | €183,295 | €206,037 | +€22,742 | +12.4% |
| Deferred charges and accrued income | 490/1 | €1,825 | €2,424 | +€599 | +32.8% |
| Total equity and liabilities | 10/49 | €491,586 | €486,353 | -€5,233 | -1.1% |
| Equity | 10/15 | €286,534 | €287,097 | +€563 | +0.2% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €201,575 | €201,575 | = | 0.0% |
| Tax-exempt reserves | 132 | €31,575 | €31,575 | = | 0.0% |
| Distributable reserves | 133 | €170,000 | €170,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,959 | €10,522 | +€563 | +5.7% |
| Amounts payable | 17/49 | €205,053 | €199,257 | -€5,796 | -2.8% |
| Amounts payable within one year | 42/48 | €163,482 | €189,192 | +€25,710 | +15.7% |
| Current portion of amounts payable after more than one year | 42 | - | €16,457 | +€16,457 | |
| Trade debts | 44 | €39,323 | €31,271 | -€8,052 | -20.5% |
| Suppliers | 440/4 | €39,323 | €31,271 | -€8,052 | -20.5% |
| Taxes, remuneration and social security | 45 | €49,159 | €70,464 | +€21,305 | +43.3% |
| Taxes | 450/3 | €30,280 | €19,181 | -€11,099 | -36.7% |
| Remuneration and social security | 454/9 | €18,878 | €51,282 | +€32,404 | +171.6% |
| Other amounts payable | 47/48 | €75,000 | €71,000 | -€4,000 | -5.3% |
| Accrued charges and deferred income | 492/3 | €41,571 | €10,065 | -€31,506 | -75.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €283,722 | €460,644 | +€176,922 | +62.4% |
| Other operating charges | 640/8 | €528 | €709 | +€181 | +34.3% |
| Gross operating margin | 9900 | €374,947 | €545,000 | +€170,053 | +45.4% |
| Operating profit (loss) | 9901 | €90,698 | €83,647 | -€7,050 | -7.8% |
| Financial income | 75/76B | €1,532 | €4,141 | +€2,608 | +170.2% |
| Recurring financial income | 75 | €1,532 | €4,141 | +€2,608 | +170.2% |
| Financial charges | 65/66B | -€79 | €1,903 | +€1,982 | |
| Recurring financial charges | 65 | -€79 | €1,903 | +€1,982 | |
| Profit (loss) for the period before taxes | 9903 | €92,309 | €85,885 | -€6,424 | -7.0% |
| Income taxes | 67/77 | €10,555 | €14,322 | +€3,767 | +35.7% |
| Profit (loss) for the period | 9904 | €81,754 | €71,563 | -€10,191 | -12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €81,754 | €71,563 | -€10,191 | -12.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.