H.COM: 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.COM
Largest movements
- Stocks and contracts +€17,351
up €17,351 (+8.1%), from €215,400 to €232,751
- Cash -€9,523
down €9,523 (-41.5%), from €22,972 to €13,449
mainly Trade debts (-€129,501) and Tax, wage and social debts (-€26,238)
- Other debts +€159,831
up €159,831 (+356%), from €44,834 to €204,665
- Trade debts -€129,501
down €129,501 (-72.9%), from €177,707 to €48,206
- Tax, wage and social debts -€26,238
down €26,238 (-22.1%), from €118,750 to €92,512
of which Taxes: -€30,189
- Profit (loss) carried forward +€3,569
up €3,569 (+9.0%), from -€39,609 to -€36,040
- Gross operating margin -€71,328
down €71,328 (-50.0%), from €142,674 to €71,346
- Staff costs -€3,122
down €3,122 (-5.2%), from €60,566 to €57,444
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 | €307,973 | €315,635 | +€7,662 | +2.5% |
| Fixed assets | 21/28 | €46,361 | €46,195 | -€166 | -0.4% |
| Tangible fixed assets | 22/27 | €1,361 | €1,195 | -€166 | -12.2% |
| Plant, machinery and equipment | 23 | €448 | - | -€448 | |
| Furniture and vehicles | 24 | €913 | €1,195 | +€282 | +30.9% |
| Financial fixed assets | 28 | €45,000 | €45,000 | = | 0.0% |
| Current assets | 29/58 | €261,612 | €269,440 | +€7,828 | +3.0% |
| Stocks and contracts in progress | 3 | €215,400 | €232,751 | +€17,351 | +8.1% |
| Stocks | 30/36 | €215,400 | €232,751 | +€17,351 | +8.1% |
| Amounts receivable within one year | 40/41 | €23,240 | €23,240 | = | 0.0% |
| Other amounts receivable | 41 | €23,240 | €23,240 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €22,972 | €13,449 | -€9,523 | -41.5% |
| Total equity and liabilities | 10/49 | €307,973 | €315,635 | +€7,662 | +2.5% |
| Equity | 10/15 | -€33,318 | -€29,748 | +€3,570 | +10.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €91 | €92 | +€1 | +1.1% |
| Non-distributable reserves | 130/1 | €91 | €92 | +€1 | +1.1% |
| Legal reserve | 130 | €91 | €92 | +€1 | +1.1% |
| Profit (loss) carried forward | 14 | -€39,609 | -€36,040 | +€3,569 | +9.0% |
| Amounts payable | 17/49 | €341,291 | €345,383 | +€4,092 | +1.2% |
| Amounts payable within one year | 42/48 | €341,291 | €345,383 | +€4,092 | +1.2% |
| Trade debts | 44 | €177,707 | €48,206 | -€129,501 | -72.9% |
| Suppliers | 440/4 | €177,707 | €48,206 | -€129,501 | -72.9% |
| Taxes, remuneration and social security | 45 | €118,750 | €92,512 | -€26,238 | -22.1% |
| Taxes | 450/3 | €86,176 | €55,987 | -€30,189 | -35.0% |
| Remuneration and social security | 454/9 | €32,574 | €36,525 | +€3,951 | +12.1% |
| Other amounts payable | 47/48 | €44,834 | €204,665 | +€159,831 | +356% |
| Remuneration, social security and pensions | 62 | €60,566 | €57,444 | -€3,122 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,129 | €1,199 | +€70 | +6.2% |
| Other operating charges | 640/8 | €6,528 | €7,660 | +€1,132 | +17.3% |
| Gross operating margin | 9900 | €142,674 | €71,346 | -€71,328 | -50.0% |
| Operating profit (loss) | 9901 | €74,451 | €5,043 | -€69,408 | -93.2% |
| Financial charges | 65/66B | €490 | €1,474 | +€984 | +201% |
| Recurring financial charges | 65 | €490 | €1,474 | +€984 | +201% |
| Profit (loss) for the period before taxes | 9903 | €73,961 | €3,569 | -€70,392 | -95.2% |
| Income taxes | 67/77 | €13 | - | -€13 | |
| Profit (loss) for the period | 9904 | €73,948 | €3,569 | -€70,379 | -95.2% |
| Profit (loss) for the period to be appropriated | 9905 | €73,948 | €3,569 | -€70,379 | -95.2% |
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 16 October 2026 via checked.be.