H & A EXPRESS: 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.
H & A EXPRESS
Largest movements
- Tangible fixed assets +€45,296
up €45,296 (+464.4%), from €9,754 to €55,049
- Receivables within one year -€9,424
no longer reported in 2023 (was €9,424)
- Cash -€3,470
down €3,470 (-68.7%), from €5,049 to €1,579
mainly Investment in fixed assets (net) (-€75,259) and Trade debts (-€3,437)
- Contributions +€17,384
up €17,384 (+144.9%), from €12,000 to €29,384
- Other debts +€9,016
up €9,016 (+43.0%), from €20,982 to €29,998
- Profit (loss) carried forward +€6,211
up €6,211 (+50.6%), from -€12,274 to -€6,063
- Trade debts -€3,437
no longer reported in 2023 (was €3,437)
- Tax, wage and social debts +€3,229
up €3,229 (+3955.2%), from €82 to €3,310
- Gross operating margin +€38,518
up €38,518 (+4285.0%), from €899 to €39,417
- Depreciation +€25,086
up €25,086 (+514.4%), from €4,877 to €29,963
- Other operating charges -€6,545
down €6,545 (-80.0%), from €8,183 to €1,638
- Taxes +€1,557
new in 2023: €1,557
From the 2022 result to the 2023 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.
Cash bridge derived
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,227 | €56,629 | +€32,402 | +133.7% |
| Fixed assets | 21/28 | €9,754 | €55,049 | +€45,296 | +464.4% |
| Tangible fixed assets | 22/27 | €9,754 | €55,049 | +€45,296 | +464.4% |
| Furniture and vehicles | 24 | €9,754 | €55,049 | +€45,296 | +464.4% |
| Current assets | 29/58 | €14,473 | €1,579 | -€12,894 | -89.1% |
| Amounts receivable within one year | 40/41 | €9,424 | - | -€9,424 | |
| Trade receivables | 40 | €9,424 | - | -€9,424 | |
| Cash at bank and in hand | 54/58 | €5,049 | €1,579 | -€3,470 | -68.7% |
| Total equity and liabilities | 10/49 | €24,227 | €56,629 | +€32,402 | +133.7% |
| Equity | 10/15 | -€274 | €23,321 | +€23,595 | |
| Contributions | 10/11 | €12,000 | €29,384 | +€17,384 | +144.9% |
| Profit (loss) carried forward | 14 | -€12,274 | -€6,063 | +€6,211 | +50.6% |
| Amounts payable | 17/49 | €24,501 | €33,308 | +€8,808 | +35.9% |
| Amounts payable within one year | 42/48 | €24,501 | €33,308 | +€8,808 | +35.9% |
| Trade debts | 44 | €3,437 | - | -€3,437 | |
| Suppliers | 440/4 | €3,437 | - | -€3,437 | |
| Taxes, remuneration and social security | 45 | €82 | €3,310 | +€3,229 | +3955.2% |
| Taxes | 450/3 | €82 | €3,310 | +€3,229 | +3955.2% |
| Other amounts payable | 47/48 | €20,982 | €29,998 | +€9,016 | +43.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,877 | €29,963 | +€25,086 | +514.4% |
| Other operating charges | 640/8 | €8,183 | €1,638 | -€6,545 | -80.0% |
| Gross operating margin | 9900 | €899 | €39,417 | +€38,518 | +4285.0% |
| Operating profit (loss) | 9901 | -€12,161 | €7,816 | +€19,977 | |
| Financial charges | 65/66B | €113 | €48 | -€65 | -57.5% |
| Recurring financial charges | 65 | €113 | €48 | -€65 | -57.5% |
| Profit (loss) for the period before taxes | 9903 | -€12,274 | €7,768 | +€20,042 | |
| Income taxes | 67/77 | - | €1,557 | +€1,557 | |
| Profit (loss) for the period | 9904 | -€12,274 | €6,211 | +€18,485 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,274 | €6,211 | +€18,485 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.