H&N Ind.: 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&N Ind.
Largest movements
- Tangible fixed assets +€14,090
up €14,090 (+99.8%), from €14,125 to €28,216
of which Furniture and vehicles: +€14,363
- Receivables within one year -€6,566
down €6,566 (-46.4%), from €14,155 to €7,589
of which Trade receivables: -€3,469
- Cash +€827
up €827 (+38.1%), from €2,171 to €2,998
mainly Depreciation (+€8,574) and Receivables within one year (+€6,566)
- Other debts +€4,592
new in 2024: €4,592
- Tax, wage and social debts +€3,998
up €3,998 (+406%), from €985 to €4,983
of which Remuneration and social security: +€3,947
- Profit (loss) carried forward -€1,896
down €1,896 (-6.5%), from €29,140 to €27,243
- Trade debts +€1,558
new in 2024: €1,558
- Depreciation +€6,997
up €6,997 (+444%), from €1,577 to €8,574
- Staff costs +€4,079
up €4,079 (+19.5%), from €20,960 to €25,039
- Taxes +€3,931
new in 2024: €3,931
- Gross operating margin +€1,748
up €1,748 (+4.8%), from €36,473 to €38,220
- Other operating charges +€1,487
new in 2024: €1,487
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 | €32,125 | €40,376 | +€8,251 | +25.7% |
| Fixed assets | 21/28 | €14,412 | €28,502 | +€14,090 | +97.8% |
| Tangible fixed assets | 22/27 | €14,125 | €28,216 | +€14,090 | +99.8% |
| Plant, machinery and equipment | 23 | €1,330 | €1,057 | -€273 | -20.5% |
| Furniture and vehicles | 24 | €12,795 | €27,159 | +€14,363 | +112% |
| Financial fixed assets | 28 | €286 | €286 | = | 0.0% |
| Current assets | 29/58 | €17,714 | €11,874 | -€5,839 | -33.0% |
| Stocks and contracts in progress | 3 | €1,387 | €1,245 | -€142 | -10.2% |
| Stocks | 30/36 | €1,387 | €1,245 | -€142 | -10.2% |
| Amounts receivable within one year | 40/41 | €14,155 | €7,589 | -€6,566 | -46.4% |
| Trade receivables | 40 | €3,469 | - | -€3,469 | |
| Other amounts receivable | 41 | €10,686 | €7,589 | -€3,097 | -29.0% |
| Cash at bank and in hand | 54/58 | €2,171 | €2,998 | +€827 | +38.1% |
| Deferred charges and accrued income | 490/1 | - | €43 | +€43 | |
| Total equity and liabilities | 10/49 | €32,125 | €40,376 | +€8,251 | +25.7% |
| Equity | 10/15 | €31,140 | €29,243 | -€1,896 | -6.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Share premium | 1100/10 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,140 | €27,243 | -€1,896 | -6.5% |
| Amounts payable | 17/49 | €985 | €11,133 | +€10,148 | +1,030% |
| Amounts payable within one year | 42/48 | €985 | €11,133 | +€10,148 | +1,030% |
| Trade debts | 44 | - | €1,558 | +€1,558 | |
| Suppliers | 440/4 | - | €1,558 | +€1,558 | |
| Taxes, remuneration and social security | 45 | €985 | €4,983 | +€3,998 | +406% |
| Taxes | 450/3 | - | €50 | +€50 | |
| Remuneration and social security | 454/9 | €985 | €4,933 | +€3,947 | +401% |
| Other amounts payable | 47/48 | - | €4,592 | +€4,592 | |
| Remuneration, social security and pensions | 62 | €20,960 | €25,039 | +€4,079 | +19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,577 | €8,574 | +€6,997 | +444% |
| Other operating charges | 640/8 | - | €1,487 | +€1,487 | |
| Gross operating margin | 9900 | €36,473 | €38,220 | +€1,748 | +4.8% |
| Operating profit (loss) | 9901 | €13,935 | €3,120 | -€10,815 | -77.6% |
| Financial income | 75/76B | €203 | €25 | -€179 | -87.9% |
| Recurring financial income | 75 | €203 | €25 | -€179 | -87.9% |
| Financial charges | 65/66B | €96 | €1,110 | +€1,014 | +1,059% |
| Recurring financial charges | 65 | €96 | €1,110 | +€1,014 | +1,059% |
| Profit (loss) for the period before taxes | 9903 | €14,043 | €2,035 | -€12,008 | -85.5% |
| Income taxes | 67/77 | - | €3,931 | +€3,931 | |
| Profit (loss) for the period | 9904 | €14,043 | -€1,896 | -€15,939 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,043 | -€1,896 | -€15,939 |
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 13 October 2026 via checked.be.