AL HODA: 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.
AL HODA
Largest movements
- Receivables within one year -€88,412
down €88,412 (-91.8%), from €96,317 to €7,904
of which Trade receivables: -€88,412
- Stocks and contracts +€10,560
up €10,560 (+55.8%), from €18,935 to €29,495
- Deferred charges and accrued income +€2,940
up €2,940 (+378%), from €778 to €3,718
- Trade debts -€61,391
down €61,391 (-62.1%), from €98,848 to €37,458
- Profit (loss) carried forward -€51,134
down €51,134 (-116%), from -€43,911 to -€95,045
- Other debts +€29,378
up €29,378 (+277%), from €10,619 to €39,996
- Tax, wage and social debts +€13,073
up €13,073 (+55.7%), from €23,463 to €36,536
of which Remuneration and social security: +€13,035
- Current portion of long-term debt -€3,580
down €3,580 (-17.5%), from €20,503 to €16,923
- Gross operating margin -€79,145
down €79,145 (-69.5%), from €113,912 to €34,766
- Depreciation -€10,379
down €10,379 (-34.6%), from €29,994 to €19,615
- Staff costs -€6,861
down €6,861 (-9.9%), from €69,175 to €62,314
- Other operating charges -€3,542
down €3,542 (-76.5%), from €4,632 to €1,089
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €167,706 | €92,733 | -€74,972 | -44.7% |
| Fixed assets | 21/28 | €40,483 | €41,867 | +€1,385 | +3.4% |
| Tangible fixed assets | 22/27 | €35,483 | €36,867 | +€1,385 | +3.9% |
| Plant, machinery and equipment | 23 | €8,862 | €4,431 | -€4,431 | -50.0% |
| Furniture and vehicles | 24 | €12,397 | €26,429 | +€14,033 | +113% |
| Leasing and similar rights | 25 | €14,224 | €6,007 | -€8,217 | -57.8% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €127,223 | €50,866 | -€76,357 | -60.0% |
| Stocks and contracts in progress | 3 | €18,935 | €29,495 | +€10,560 | +55.8% |
| Stocks | 30/36 | €18,935 | €29,495 | +€10,560 | +55.8% |
| Amounts receivable within one year | 40/41 | €96,317 | €7,904 | -€88,412 | -91.8% |
| Trade receivables | 40 | €96,317 | €7,904 | -€88,412 | -91.8% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €11,193 | €9,749 | -€1,444 | -12.9% |
| Deferred charges and accrued income | 490/1 | €778 | €3,718 | +€2,940 | +378% |
| Total equity and liabilities | 10/49 | €167,706 | €92,733 | -€74,972 | -44.7% |
| Equity | 10/15 | -€23,847 | -€74,981 | -€51,134 | -214% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,064 | €1,064 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | €1,064 | +€1,064 | |
| Reserves not available under the articles | 1311 | €0 | €1,064 | +€1,064 | |
| Distributable reserves | 133 | €1,064 | €0 | -€1,064 | -100% |
| Profit (loss) carried forward | 14 | -€43,911 | -€95,045 | -€51,134 | -116% |
| Amounts payable | 17/49 | €191,553 | €167,714 | -€23,839 | -12.4% |
| Amounts payable after more than one year | 17 | €30,181 | €31,599 | +€1,418 | +4.7% |
| Financial debts | 170/4 | €30,181 | €31,599 | +€1,418 | +4.7% |
| Amounts payable within one year | 42/48 | €161,372 | €136,116 | -€25,256 | -15.7% |
| Current portion of amounts payable after more than one year | 42 | €20,503 | €16,923 | -€3,580 | -17.5% |
| Financial debts | 43 | €7,939 | €5,203 | -€2,736 | -34.5% |
| Credit institutions | 430/8 | €7,939 | €5,203 | -€2,736 | -34.5% |
| Trade debts | 44 | €98,848 | €37,458 | -€61,391 | -62.1% |
| Suppliers | 440/4 | €98,848 | €37,458 | -€61,391 | -62.1% |
| Taxes, remuneration and social security | 45 | €23,463 | €36,536 | +€13,073 | +55.7% |
| Taxes | 450/3 | €268 | €306 | +€38 | +14.2% |
| Remuneration and social security | 454/9 | €23,195 | €36,230 | +€13,035 | +56.2% |
| Other amounts payable | 47/48 | €10,619 | €39,996 | +€29,378 | +277% |
| Remuneration, social security and pensions | 62 | €69,175 | €62,314 | -€6,861 | -9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,994 | €19,615 | -€10,379 | -34.6% |
| Other operating charges | 640/8 | €4,632 | €1,089 | -€3,542 | -76.5% |
| Gross operating margin | 9900 | €113,912 | €34,766 | -€79,145 | -69.5% |
| Operating profit (loss) | 9901 | €10,111 | -€48,252 | -€58,363 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -69.2% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -69.2% |
| Financial charges | 65/66B | €3,642 | €2,742 | -€900 | -24.7% |
| Recurring financial charges | 65 | €3,642 | €2,742 | -€900 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €6,469 | -€50,994 | -€57,463 | |
| Income taxes | 67/77 | -€19 | €140 | +€159 | |
| Profit (loss) for the period | 9904 | €6,488 | -€51,134 | -€57,622 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,488 | -€51,134 | -€57,622 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.