'd Hoaghste Tyd: 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.
'd Hoaghste Tyd
Largest movements
- Receivables within one year +€10,723
up €10,723 (+46.2%), from €23,218 to €33,941
of which Other amounts receivable: +€9,502
- Tangible fixed assets -€6,520
down €6,520 (-21.5%), from €30,350 to €23,831
of which Furniture and vehicles: -€6,000
- Stocks and contracts +€2,212
up €2,212 (+93.9%), from €2,356 to €4,568
- Cash -€2,062
down €2,062 (-11.8%), from €17,484 to €15,422
mainly Receivables within one year (-€10,723) and Tax, wage and social debts (-€9,585)
- Tax, wage and social debts -€9,585
down €9,585 (-43.7%), from €21,914 to €12,328
of which Taxes: -€9,795
- Profit (loss) carried forward +€8,927
up €8,927 (+21.4%), from -€41,683 to -€32,756
- Trade debts +€4,587
up €4,587 (+6.6%), from €68,999 to €73,586
- Gross operating margin +€31,202
up €31,202 (+183%), from €17,073 to €48,275
- Staff costs +€22,704
up €22,704 (+516%), from €4,398 to €27,101
- Other operating charges -€2,939
down €2,939 (-80.5%), from €3,652 to €713
- Financial charges +€1,752
up €1,752 (+70.4%), from €2,490 to €4,242
- Financial income +€627
up €627 (+6,034%), from €10 to €637
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 | €74,191 | €78,119 | +€3,928 | +5.3% |
| Fixed assets | 21/28 | €30,350 | €23,831 | -€6,520 | -21.5% |
| Tangible fixed assets | 22/27 | €30,350 | €23,831 | -€6,520 | -21.5% |
| Plant, machinery and equipment | 23 | €4,365 | €3,144 | -€1,221 | -28.0% |
| Furniture and vehicles | 24 | €24,000 | €18,000 | -€6,000 | -25.0% |
| Other tangible fixed assets | 26 | €1,986 | €2,686 | +€701 | +35.3% |
| Current assets | 29/58 | €43,840 | €54,289 | +€10,448 | +23.8% |
| Stocks and contracts in progress | 3 | €2,356 | €4,568 | +€2,212 | +93.9% |
| Stocks | 30/36 | €2,356 | €4,568 | +€2,212 | +93.9% |
| Amounts receivable within one year | 40/41 | €23,218 | €33,941 | +€10,723 | +46.2% |
| Trade receivables | 40 | - | €1,221 | +€1,221 | |
| Other amounts receivable | 41 | €23,218 | €32,720 | +€9,502 | +40.9% |
| Cash at bank and in hand | 54/58 | €17,484 | €15,422 | -€2,062 | -11.8% |
| Deferred charges and accrued income | 490/1 | €783 | €358 | -€425 | -54.3% |
| Total equity and liabilities | 10/49 | €74,191 | €78,119 | +€3,928 | +5.3% |
| Equity | 10/15 | -€16,722 | -€7,795 | +€8,927 | +53.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €4,961 | €4,961 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,961 | €2,961 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,683 | -€32,756 | +€8,927 | +21.4% |
| Amounts payable | 17/49 | €90,913 | €85,914 | -€4,998 | -5.5% |
| Amounts payable within one year | 42/48 | €90,913 | €85,914 | -€4,998 | -5.5% |
| Trade debts | 44 | €68,999 | €73,586 | +€4,587 | +6.6% |
| Suppliers | 440/4 | €68,999 | €73,586 | +€4,587 | +6.6% |
| Taxes, remuneration and social security | 45 | €21,914 | €12,328 | -€9,585 | -43.7% |
| Taxes | 450/3 | €21,689 | €11,894 | -€9,795 | -45.2% |
| Remuneration and social security | 454/9 | €225 | €434 | +€209 | +93.0% |
| Remuneration, social security and pensions | 62 | €4,398 | €27,101 | +€22,704 | +516% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,662 | €7,734 | +€71 | +0.9% |
| Other operating charges | 640/8 | €3,652 | €713 | -€2,939 | -80.5% |
| Gross operating margin | 9900 | €17,073 | €48,275 | +€31,202 | +183% |
| Operating profit (loss) | 9901 | €1,361 | €12,727 | +€11,366 | +835% |
| Financial income | 75/76B | €10 | €637 | +€627 | +6,034% |
| Recurring financial income | 75 | €10 | €637 | +€627 | +6,034% |
| Financial charges | 65/66B | €2,490 | €4,242 | +€1,752 | +70.4% |
| Recurring financial charges | 65 | €2,490 | €4,242 | +€1,752 | +70.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,118 | €9,122 | +€10,240 | |
| Income taxes | 67/77 | €183 | €195 | +€13 | +7.1% |
| Profit (loss) for the period | 9904 | -€1,301 | €8,927 | +€10,228 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,301 | €8,927 | +€10,228 |
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 17 October 2026 via checked.be.