BACHES HECQ: 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.
BACHES HECQ
Largest movements
- Receivables within one year -€69,476
down €69,476 (-24.5%), from €284,025 to €214,550
of which Trade receivables: -€76,015
- Tangible fixed assets -€32,801
down €32,801 (-8.7%), from €375,022 to €342,221
- Other debts +€71,640
new in 2024: €71,640
- Trade debts -€48,466
down €48,466 (-35.2%), from €137,874 to €89,408
- Accrued charges and deferred income -€29,048
no longer reported in 2024 (was €29,048)
- Debts after one year -€27,417
down €27,417 (-6.4%), from €429,500 to €402,084
- Current portion of long-term debt -€26,559
down €26,559 (-30.5%), from €86,944 to €60,385
- Gross operating margin -€56,958
down €56,958 (-27.1%), from €210,145 to €153,187
- Taxes -€24,019
down €24,019, from €13,000 to -€11,019
- Financial income -€15,380
down €15,380 (-100.0%), from €15,381 to €0
- Staff costs +€6,988
up €6,988 (+6.0%), from €116,876 to €123,863
- Financial charges +€4,746
up €4,746 (+18.9%), from €25,157 to €29,903
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,074,316 | €971,429 | -€102,887 | -9.6% |
| Fixed assets | 21/28 | €785,562 | €752,761 | -€32,801 | -4.2% |
| Tangible fixed assets | 22/27 | €375,022 | €342,221 | -€32,801 | -8.7% |
| Land and buildings | 22 | €375,022 | €342,221 | -€32,801 | -8.7% |
| Financial fixed assets | 28 | €410,540 | €410,540 | = | 0.0% |
| Current assets | 29/58 | €288,754 | €218,669 | -€70,085 | -24.3% |
| Stocks and contracts in progress | 3 | €4,727 | €4,119 | -€608 | -12.9% |
| Stocks | 30/36 | €4,727 | €4,119 | -€608 | -12.9% |
| Amounts receivable within one year | 40/41 | €284,025 | €214,550 | -€69,476 | -24.5% |
| Trade receivables | 40 | €152,127 | €76,112 | -€76,015 | -50.0% |
| Other amounts receivable | 41 | €131,898 | €138,438 | +€6,540 | +5.0% |
| Current investments | 50/53 | €2 | - | -€2 | |
| Total equity and liabilities | 10/49 | €1,074,316 | €971,429 | -€102,887 | -9.6% |
| Equity | 10/15 | €269,838 | €244,204 | -€25,634 | -9.5% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €92,557 | €92,557 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,217 | €3,217 | = | 0.0% |
| Distributable reserves | 133 | €81,840 | €81,840 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,821 | €51,934 | -€22,886 | -30.6% |
| Investment grants | 15 | €27,460 | €24,712 | -€2,748 | -10.0% |
| Provisions and deferred taxes | 16 | €14,140 | €12,726 | -€1,414 | -10.0% |
| Deferred taxes | 168 | €14,140 | €12,726 | -€1,414 | -10.0% |
| Amounts payable | 17/49 | €790,339 | €714,500 | -€75,839 | -9.6% |
| Amounts payable after more than one year | 17 | €429,500 | €402,084 | -€27,417 | -6.4% |
| Financial debts | 170/4 | €429,500 | €402,084 | -€27,417 | -6.4% |
| Amounts payable within one year | 42/48 | €331,790 | €312,416 | -€19,374 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | €86,944 | €60,385 | -€26,559 | -30.5% |
| Financial debts | 43 | €71,027 | €75,950 | +€4,922 | +6.9% |
| Credit institutions | 430/8 | €55,457 | €60,380 | +€4,922 | +8.9% |
| Other loans | 439 | €15,570 | €15,570 | = | 0.0% |
| Trade debts | 44 | €137,874 | €89,408 | -€48,466 | -35.2% |
| Suppliers | 440/4 | €137,874 | €89,408 | -€48,466 | -35.2% |
| Taxes, remuneration and social security | 45 | €35,945 | €15,034 | -€20,911 | -58.2% |
| Taxes | 450/3 | €20,950 | - | -€20,950 | |
| Remuneration and social security | 454/9 | €14,995 | €15,034 | +€39 | +0.3% |
| Other amounts payable | 47/48 | - | €71,640 | +€71,640 | |
| Accrued charges and deferred income | 492/3 | €29,048 | - | -€29,048 | |
| Remuneration, social security and pensions | 62 | €116,876 | €123,863 | +€6,988 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,801 | €32,801 | = | 0.0% |
| Other operating charges | 640/8 | €4,724 | €4,687 | -€37 | -0.8% |
| Gross operating margin | 9900 | €210,145 | €153,187 | -€56,958 | -27.1% |
| Operating profit (loss) | 9901 | €55,744 | -€8,165 | -€63,909 | |
| Financial income | 75/76B | €15,381 | €0 | -€15,380 | -100.0% |
| Recurring financial income | 75 | €15,381 | €0 | -€15,380 | -100.0% |
| Financial charges | 65/66B | €25,157 | €29,903 | +€4,746 | +18.9% |
| Recurring financial charges | 65 | €25,157 | €29,903 | +€4,746 | +18.9% |
| Profit (loss) for the period before taxes | 9903 | €45,968 | -€38,067 | -€84,035 | |
| Transfer from deferred taxes | 780 | €4,160 | €4,162 | +€2 | 0.0% |
| Income taxes | 67/77 | €13,000 | -€11,019 | -€24,019 | |
| Profit (loss) for the period | 9904 | €37,128 | -€22,886 | -€60,014 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,128 | -€22,886 | -€60,014 |
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 16 October 2026 via checked.be.