H&L GATEWAY: 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&L GATEWAY
Largest movements
- Receivables within one year -€50,687
down €50,687 (-50.0%), from €101,464 to €50,777
of which Trade receivables: -€50,687
- Current portion of long-term debt -€41,152
no longer reported in 2022 (was €41,152)
- Trade debts -€12,250
down €12,250 (-67.1%), from €18,266 to €6,016
- Advances received +€3,405
up €3,405 (+69.6%), from €4,895 to €8,300
- Other operating charges -€3,696
no longer reported in 2022 (was €3,696)
- Financial charges -€2,093
down €2,093 (-81.1%), from €2,580 to €487
- Gross operating margin +€1,194
up €1,194 (+95.6%), from -€1,249 to -€55
- Depreciation -€1,083
no longer reported in 2022 (was €1,083)
From the 2021 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
Derived from the 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €101,464 | €50,925 | -€50,539 | -49.8% |
| Current assets | 29/58 | €101,464 | €50,925 | -€50,539 | -49.8% |
| Amounts receivable within one year | 40/41 | €101,464 | €50,777 | -€50,687 | -50.0% |
| Trade receivables | 40 | €90,670 | €39,983 | -€50,687 | -55.9% |
| Other amounts receivable | 41 | €10,794 | €10,794 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €148 | +€148 | |
| Total equity and liabilities | 10/49 | €101,464 | €50,925 | -€50,539 | -49.8% |
| Equity | 10/15 | €16,392 | €15,850 | -€542 | -3.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Capital | 10 | €25,000 | €25,000 | = | 0.0% |
| Issued capital | 100 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,608 | -€9,150 | -€542 | -6.3% |
| Amounts payable | 17/49 | €85,072 | €35,074 | -€49,997 | -58.8% |
| Amounts payable within one year | 42/48 | €65,072 | €15,074 | -€49,997 | -76.8% |
| Current portion of amounts payable after more than one year | 42 | €41,152 | - | -€41,152 | |
| Trade debts | 44 | €18,266 | €6,016 | -€12,250 | -67.1% |
| Suppliers | 440/4 | €18,266 | €6,016 | -€12,250 | -67.1% |
| Advances received on contracts in progress | 46 | €4,895 | €8,300 | +€3,405 | +69.6% |
| Other amounts payable | 47/48 | €758 | €758 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €20,000 | €20,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,083 | - | -€1,083 | |
| Other operating charges | 640/8 | €3,696 | - | -€3,696 | |
| Gross operating margin | 9900 | -€1,249 | -€55 | +€1,194 | +95.6% |
| Operating profit (loss) | 9901 | -€6,028 | -€55 | +€5,973 | +99.1% |
| Financial charges | 65/66B | €2,580 | €487 | -€2,093 | -81.1% |
| Recurring financial charges | 65 | €2,580 | €487 | -€2,093 | -81.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,608 | -€542 | +€8,066 | +93.7% |
| Profit (loss) for the period | 9904 | -€8,608 | -€542 | +€8,066 | +93.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,608 | -€542 | +€8,066 | +93.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.