H&A TECH: what changed
Two fiscal 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 TECH
Largest movements
- Cash -€37,044
down €37,044 (-85.8%), from €43,187 to €6,142
mainly Receivables within one year (-€20,758) and Tax, wage and social debts (-€18,985)
- Receivables within one year +€20,758
up €20,758 (+32.3%), from €64,348 to €85,106
of which Trade receivables: +€17,116
- Deferred charges and accrued income -€4,292
down €4,292 (-30.3%), from €14,149 to €9,858
- Tangible fixed assets -€2,127
down €2,127 (-13.3%), from €16,015 to €13,888
of which Plant, machinery and equipment: -€3,787
- Tax, wage and social debts -€18,985
down €18,985 (-77.7%), from €24,423 to €5,439
of which Taxes: -€13,927
- Reserves -€3,231
down €3,231 (-3.3%), from €99,135 to €95,904
- Gross operating margin -€39,091
down €39,091 (-53.2%), from €73,521 to €34,430
- Other operating charges +€24,645
up €24,645 (+733.1%), from €3,362 to €28,007
- Taxes -€14,164
down €14,164 (-99.0%), from €14,306 to €142
- Depreciation +€2,780
up €2,780 (+68.9%), from €4,032 to €6,812
- Staff costs -€1,098
down €1,098 (-55.1%), from €1,995 to €896
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.
Cash bridge derived
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 | €148,856 | €126,151 | -€22,705 | -15.3% |
| Fixed assets | 21/28 | €16,015 | €13,888 | -€2,127 | -13.3% |
| Tangible fixed assets | 22/27 | €16,015 | €13,888 | -€2,127 | -13.3% |
| Plant, machinery and equipment | 23 | €9,088 | €5,301 | -€3,787 | -41.7% |
| Furniture and vehicles | 24 | €6,927 | €8,587 | +€1,660 | +24.0% |
| Current assets | 29/58 | €132,841 | €112,263 | -€20,578 | -15.5% |
| Stocks and contracts in progress | 3 | €11,157 | €11,157 | = | 0.0% |
| Stocks | 30/36 | €11,157 | €11,157 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €64,348 | €85,106 | +€20,758 | +32.3% |
| Trade receivables | 40 | €25,344 | €42,460 | +€17,116 | +67.5% |
| Other amounts receivable | 41 | €39,005 | €42,646 | +€3,642 | +9.3% |
| Cash at bank and in hand | 54/58 | €43,187 | €6,142 | -€37,044 | -85.8% |
| Deferred charges and accrued income | 490/1 | €14,149 | €9,858 | -€4,292 | -30.3% |
| Total equity and liabilities | 10/49 | €148,856 | €126,151 | -€22,705 | -15.3% |
| Equity | 10/15 | €104,135 | €100,904 | -€3,231 | -3.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €99,135 | €95,904 | -€3,231 | -3.3% |
| Distributable reserves | 133 | €99,135 | €95,904 | -€3,231 | -3.3% |
| Amounts payable | 17/49 | €44,722 | €25,247 | -€19,474 | -43.5% |
| Amounts payable within one year | 42/48 | €44,722 | €25,247 | -€19,474 | -43.5% |
| Trade debts | 44 | €20,298 | €19,808 | -€490 | -2.4% |
| Suppliers | 440/4 | €20,298 | €19,808 | -€490 | -2.4% |
| Taxes, remuneration and social security | 45 | €24,423 | €5,439 | -€18,985 | -77.7% |
| Taxes | 450/3 | €19,366 | €5,439 | -€13,927 | -71.9% |
| Remuneration and social security | 454/9 | €5,058 | - | -€5,058 | |
| Non-recurring operating income | 76A | €2,728 | €5,694 | +€2,965 | +108.7% |
| Remuneration, social security and pensions | 62 | €1,995 | €896 | -€1,098 | -55.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,032 | €6,812 | +€2,780 | +68.9% |
| Other operating charges | 640/8 | €3,362 | €28,007 | +€24,645 | +733.1% |
| Non-recurring operating charges | 66A | €1,802 | - | -€1,802 | |
| Gross operating margin | 9900 | €73,521 | €34,430 | -€39,091 | -53.2% |
| Operating profit (loss) | 9901 | €62,330 | -€1,285 | -€63,615 | |
| Financial income | 75/76B | - | €778 | +€778 | |
| Recurring financial income | 75 | - | €778 | +€778 | |
| Financial charges | 65/66B | €1,656 | €2,582 | +€926 | +55.9% |
| Recurring financial charges | 65 | €1,656 | €2,582 | +€926 | +55.9% |
| Profit (loss) for the period before taxes | 9903 | €60,674 | -€3,089 | -€63,763 | |
| Income taxes | 67/77 | €14,306 | €142 | -€14,164 | -99.0% |
| Profit (loss) for the period | 9904 | €46,369 | -€3,231 | -€49,600 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,369 | -€3,231 | -€49,600 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.