Ejnar Hansen: 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.
Ejnar Hansen
Largest movements
- Receivables within one year +€4,460
up €4,460 (+6.7%), from €66,412 to €70,871
of which Other amounts receivable: +€7,343
- Cash -€3,561
no longer reported in 2024 (was €3,561)
mainly Tax, wage and social debts (-€4,751) and Receivables within one year (-€4,460)
- Tangible fixed assets -€1,398
down €1,398 (-42.2%), from €3,314 to €1,916
- Deferred charges and accrued income +€852
new in 2024: €852
- Short-term financial debts +€5,226
new in 2024: €5,226
- Tax, wage and social debts -€4,751
down €4,751 (-22.1%), from €21,487 to €16,736
- Reserves -€2,091
down €2,091 (-4.5%), from €46,628 to €44,537
- Trade debts +€1,563
up €1,563 (+133%), from €1,171 to €2,735
- Gross operating margin -€21,614
down €21,614 (-74.7%), from €28,936 to €7,321
- Taxes -€5,439
down €5,439 (-70.4%), from €7,723 to €2,284
- Financial charges +€2,255
up €2,255 (+145%), from €1,560 to €3,815
- Other operating charges +€910
up €910 (+41.1%), from €2,216 to €3,125
- Financial income +€784
up €784 (+184%), from €426 to €1,210
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 | €73,287 | €73,640 | +€353 | +0.5% |
| Fixed assets | 21/28 | €3,314 | €1,916 | -€1,398 | -42.2% |
| Tangible fixed assets | 22/27 | €3,314 | €1,916 | -€1,398 | -42.2% |
| Plant, machinery and equipment | 23 | €3,314 | €1,916 | -€1,398 | -42.2% |
| Current assets | 29/58 | €69,973 | €71,723 | +€1,751 | +2.5% |
| Amounts receivable within one year | 40/41 | €66,412 | €70,871 | +€4,460 | +6.7% |
| Trade receivables | 40 | €49,420 | €46,536 | -€2,883 | -5.8% |
| Other amounts receivable | 41 | €16,992 | €24,335 | +€7,343 | +43.2% |
| Cash at bank and in hand | 54/58 | €3,561 | - | -€3,561 | |
| Deferred charges and accrued income | 490/1 | - | €852 | +€852 | |
| Total equity and liabilities | 10/49 | €73,287 | €73,640 | +€353 | +0.5% |
| Equity | 10/15 | €50,628 | €48,537 | -€2,091 | -4.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €46,628 | €44,537 | -€2,091 | -4.5% |
| Distributable reserves | 133 | €46,628 | €44,537 | -€2,091 | -4.5% |
| Amounts payable | 17/49 | €22,659 | €25,103 | +€2,444 | +10.8% |
| Amounts payable within one year | 42/48 | €22,659 | €24,697 | +€2,038 | +9.0% |
| Financial debts | 43 | - | €5,226 | +€5,226 | |
| Credit institutions | 430/8 | - | €5,226 | +€5,226 | |
| Trade debts | 44 | €1,171 | €2,735 | +€1,563 | +133% |
| Suppliers | 440/4 | €1,171 | €2,735 | +€1,563 | +133% |
| Taxes, remuneration and social security | 45 | €21,487 | €16,736 | -€4,751 | -22.1% |
| Taxes | 450/3 | €21,487 | €16,736 | -€4,751 | -22.1% |
| Accrued charges and deferred income | 492/3 | - | €406 | +€406 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €855 | €1,398 | +€543 | +63.5% |
| Other operating charges | 640/8 | €2,216 | €3,125 | +€910 | +41.1% |
| Gross operating margin | 9900 | €28,936 | €7,321 | -€21,614 | -74.7% |
| Operating profit (loss) | 9901 | €25,865 | €2,798 | -€23,067 | -89.2% |
| Financial income | 75/76B | €426 | €1,210 | +€784 | +184% |
| Recurring financial income | 75 | €426 | €1,210 | +€784 | +184% |
| Financial charges | 65/66B | €1,560 | €3,815 | +€2,255 | +145% |
| Recurring financial charges | 65 | €1,560 | €3,815 | +€2,255 | +145% |
| Profit (loss) for the period before taxes | 9903 | €24,731 | €193 | -€24,538 | -99.2% |
| Income taxes | 67/77 | €7,723 | €2,284 | -€5,439 | -70.4% |
| Profit (loss) for the period | 9904 | €17,007 | -€2,091 | -€19,099 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,007 | -€2,091 | -€19,099 |
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 30 October 2026 via checked.be.