El Hallal: 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.
El Hallal
Largest movements
- Receivables within one year +€58,674
up €58,674 (+113%), from €51,849 to €110,523
of which Trade receivables: +€58,680
- Cash +€18,395
up €18,395 (+870%), from €2,115 to €20,510
mainly Trade debts (+€56,067) and Net result for the year (+€35,150)
- Stocks and contracts +€7,715
up €7,715 (+27.8%), from €27,760 to €35,475
- Trade debts +€56,067
up €56,067 (+368%), from €15,223 to €71,290
- Profit (loss) carried forward +€35,150
up €35,150 (+199%), from €17,672 to €52,822
- Other debts -€22,553
down €22,553 (-68.8%), from €32,792 to €10,239
- Advances received +€10,041
up €10,041 (+259%), from €3,873 to €13,913
- Tax, wage and social debts +€6,081
up €6,081 (+271%), from €2,242 to €8,322
of which Taxes: +€5,596
- Turnover -€236,463
no longer reported in 2024 (was €236,463)
- Purchases and services +€160,788
up €160,788 (+80.5%), from €199,751 to €360,539
- Gross operating margin +€37,281
up €37,281 (+102%), from €36,712 to €73,994
- Staff costs +€14,978
up €14,978 (+74.5%), from €20,116 to €35,095
- Other operating charges +€2,775
up €2,775 (+410%), from €677 to €3,452
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 | €90,394 | €175,178 | +€84,785 | +93.8% |
| Fixed assets | 21/28 | €8,670 | €8,670 | = | 0.0% |
| Financial fixed assets | 28 | €8,670 | €8,670 | = | 0.0% |
| Current assets | 29/58 | €81,724 | €166,508 | +€84,785 | +104% |
| Stocks and contracts in progress | 3 | €27,760 | €35,475 | +€7,715 | +27.8% |
| Stocks | 30/36 | €27,760 | €35,475 | +€7,715 | +27.8% |
| Amounts receivable within one year | 40/41 | €51,849 | €110,523 | +€58,674 | +113% |
| Trade receivables | 40 | €51,843 | €110,523 | +€58,680 | +113% |
| Other amounts receivable | 41 | €5 | - | -€5 | |
| Cash at bank and in hand | 54/58 | €2,115 | €20,510 | +€18,395 | +870% |
| Total equity and liabilities | 10/49 | €90,394 | €175,178 | +€84,785 | +93.8% |
| Equity | 10/15 | €36,264 | €71,414 | +€35,150 | +96.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,672 | €52,822 | +€35,150 | +199% |
| Amounts payable | 17/49 | €54,130 | €103,764 | +€49,634 | +91.7% |
| Amounts payable within one year | 42/48 | €54,130 | €103,764 | +€49,634 | +91.7% |
| Trade debts | 44 | €15,223 | €71,290 | +€56,067 | +368% |
| Suppliers | 440/4 | €15,223 | €71,290 | +€56,067 | +368% |
| Advances received on contracts in progress | 46 | €3,873 | €13,913 | +€10,041 | +259% |
| Taxes, remuneration and social security | 45 | €2,242 | €8,322 | +€6,081 | +271% |
| Taxes | 450/3 | €1,394 | €6,990 | +€5,596 | +402% |
| Remuneration and social security | 454/9 | €848 | €1,333 | +€485 | +57.1% |
| Other amounts payable | 47/48 | €32,792 | €10,239 | -€22,553 | -68.8% |
| Turnover | 70 | €236,463 | - | -€236,463 | |
| Goods, raw materials, services and sundry goods | 60/61 | €199,751 | €360,539 | +€160,788 | +80.5% |
| Remuneration, social security and pensions | 62 | €20,116 | €35,095 | +€14,978 | +74.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €686 | €0 | -€686 | -100% |
| Other operating charges | 640/8 | €677 | €3,452 | +€2,775 | +410% |
| Gross operating margin | 9900 | €36,712 | €73,994 | +€37,281 | +102% |
| Operating profit (loss) | 9901 | €15,233 | €35,447 | +€20,214 | +133% |
| Financial charges | 65/66B | €291 | €297 | +€6 | +1.9% |
| Recurring financial charges | 65 | €291 | €297 | +€6 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | €14,941 | €35,150 | +€20,209 | +135% |
| Profit (loss) for the period | 9904 | €14,941 | €35,150 | +€20,209 | +135% |
| Profit (loss) for the period to be appropriated | 9905 | €14,941 | €35,150 | +€20,209 | +135% |
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 24 October 2026 via checked.be.