H.H. Services: 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.H. Services
Largest movements
- Cash -€15,219
down €15,219 (-67.2%), from €22,633 to €7,414
- Receivables within one year +€12,361
up €12,361 (+20.9%), from €59,007 to €71,368
of which Other amounts receivable: +€71,221
- Tangible fixed assets -€11,507
down €11,507 (-100%), from €11,507 to €0
- Debts within one year -€20,847
down €20,847 (-82.5%), from €25,270 to €4,423
- Equity +€9,946
up €9,946 (+14.4%), from €69,008 to €78,954
of which Contributions: +€12,400
- Debts after one year -€3,299
no longer reported in 2022 (was €3,299)
- Turnover +€51,660
new in 2022: €51,660
- Purchases and services +€34,018
new in 2022: €34,018
- Depreciation -€8,817
down €8,817 (-66.3%), from €13,298 to €4,481
- Write-downs +€5,504
new in 2022: €5,504
- Gross operating margin -€2,292
down €2,292 (-11.5%), from €19,934 to €17,642
From the 2020 result to the 2022 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2020 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €97,577 | €83,378 | -€14,199 | -14.6% |
| Fixed assets | 21/28 | €15,937 | €4,595 | -€11,342 | -71.2% |
| Tangible fixed assets | 22/27 | €11,507 | €0 | -€11,507 | -100% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Financial fixed assets | 28 | €4,430 | €4,595 | +€165 | +3.7% |
| Current assets | 29/58 | €81,640 | €78,783 | -€2,857 | -3.5% |
| Amounts receivable within one year | 40/41 | €59,007 | €71,368 | +€12,361 | +20.9% |
| Trade receivables | 40 | - | €147 | +€147 | |
| Other amounts receivable | 41 | - | €71,221 | +€71,221 | |
| Cash at bank and in hand | 54/58 | €22,633 | €7,414 | -€15,219 | -67.2% |
| Total equity and liabilities | 10/49 | €97,577 | €83,378 | -€14,199 | -14.6% |
| Equity | 10/15 | €69,008 | €78,954 | +€9,946 | +14.4% |
| Contributions | 10/11 | - | €12,400 | +€12,400 | |
| Profit (loss) carried forward | 14 | €56,608 | €66,554 | +€9,946 | +17.6% |
| Amounts payable | 17/49 | €28,569 | €4,423 | -€24,146 | -84.5% |
| Amounts payable after more than one year | 17 | €3,299 | - | -€3,299 | |
| Amounts payable within one year | 42/48 | €25,270 | €4,423 | -€20,847 | -82.5% |
| Current portion of amounts payable after more than one year | 42 | - | €0 | = | |
| Financial debts | 43 | - | €68 | +€68 | |
| Credit institutions | 430/8 | - | €68 | +€68 | |
| Trade debts | 44 | €9,171 | €20 | -€9,151 | -99.8% |
| Suppliers | 440/4 | - | €20 | +€20 | |
| Taxes, remuneration and social security | 45 | - | €4,336 | +€4,336 | |
| Taxes | 450/3 | - | €4,336 | +€4,336 | |
| Turnover | 70 | - | €51,660 | +€51,660 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €34,018 | +€34,018 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,298 | €4,481 | -€8,817 | -66.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,504 | +€5,504 | |
| Other operating charges | 640/8 | - | €2,124 | +€2,124 | |
| Gross operating margin | 9900 | €19,934 | €17,642 | -€2,292 | -11.5% |
| Operating profit (loss) | 9901 | €6,057 | €5,532 | -€525 | -8.7% |
| Financial income | 75/76B | - | €687 | +€687 | |
| Recurring financial income | 75 | - | €687 | +€687 | |
| Financial charges | 65/66B | - | €157 | +€157 | |
| Recurring financial charges | 65 | €1,484 | €157 | -€1,327 | -89.4% |
| Profit (loss) for the period before taxes | 9903 | €4,573 | €6,062 | +€1,489 | +32.6% |
| Income taxes | 67/77 | €1,328 | €1,836 | +€508 | +38.2% |
| Profit (loss) for the period | 9904 | €3,245 | €4,226 | +€981 | +30.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,245 | €4,226 | +€981 | +30.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.