H.S. ENTERPRISE: 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.S. ENTERPRISE
Largest movements
- Tangible fixed assets -€7,197
down €7,197 (-36.4%), from €19,799 to €12,602
- Intangible fixed assets -€2,144
down €2,144 (-23.0%), from €9,309 to €7,166
- Receivables within one year +€1,859
up €1,859 (+171%), from €1,087 to €2,945
- Cash -€941
down €941 (-49.1%), from €1,919 to €977
mainly Other debts (-€25,318) and Debts after one year (-€3,654)
- Deferred charges and accrued income +€733
new in 2024: €733
- Other debts -€25,318
down €25,318 (-82.8%), from €30,592 to €5,274
- Profit (loss) carried forward +€17,367
up €17,367, from -€13,155 to €4,212
- Debts after one year -€3,654
down €3,654 (-23.1%), from €15,793 to €12,138
- Tax, wage and social debts +€3,629
up €3,629 (+110%), from €3,288 to €6,917
- Gross operating margin +€54,937
up €54,937 (+223%), from €24,615 to €79,551
- Staff costs +€14,404
up €14,404 (+40.7%), from €35,413 to €49,816
- Depreciation +€5,403
up €5,403 (+137%), from €3,938 to €9,341
- Other operating charges -€1,468
down €1,468 (-68.3%), from €2,150 to €682
- Financial charges +€1,260
up €1,260 (+116%), from €1,085 to €2,345
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 | €55,262 | €47,572 | -€7,691 | -13.9% |
| Fixed assets | 21/28 | €32,359 | €23,018 | -€9,341 | -28.9% |
| Intangible fixed assets | 21 | €9,309 | €7,166 | -€2,144 | -23.0% |
| Tangible fixed assets | 22/27 | €19,799 | €12,602 | -€7,197 | -36.4% |
| Furniture and vehicles | 24 | €19,799 | €12,602 | -€7,197 | -36.4% |
| Financial fixed assets | 28 | €3,250 | €3,250 | = | 0.0% |
| Current assets | 29/58 | €22,904 | €24,554 | +€1,650 | +7.2% |
| Stocks and contracts in progress | 3 | €19,899 | €19,899 | = | 0.0% |
| Stocks | 30/36 | €19,899 | €19,899 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,087 | €2,945 | +€1,859 | +171% |
| Other amounts receivable | 41 | €1,087 | €2,945 | +€1,859 | +171% |
| Cash at bank and in hand | 54/58 | €1,919 | €977 | -€941 | -49.1% |
| Deferred charges and accrued income | 490/1 | - | €733 | +€733 | |
| Total equity and liabilities | 10/49 | €55,262 | €47,572 | -€7,691 | -13.9% |
| Equity | 10/15 | -€11,655 | €5,712 | +€17,367 | |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,155 | €4,212 | +€17,367 | |
| Amounts payable | 17/49 | €66,918 | €41,860 | -€25,057 | -37.4% |
| Amounts payable after more than one year | 17 | €15,793 | €12,138 | -€3,654 | -23.1% |
| Financial debts | 170/4 | €15,793 | €12,138 | -€3,654 | -23.1% |
| Amounts payable within one year | 42/48 | €51,125 | €29,722 | -€21,403 | -41.9% |
| Current portion of amounts payable after more than one year | 42 | €3,422 | €3,654 | +€232 | +6.8% |
| Trade debts | 44 | €13,823 | €13,876 | +€54 | +0.4% |
| Suppliers | 440/4 | €13,823 | €13,876 | +€54 | +0.4% |
| Taxes, remuneration and social security | 45 | €3,288 | €6,917 | +€3,629 | +110% |
| Remuneration and social security | 454/9 | €3,288 | €6,917 | +€3,629 | +110% |
| Other amounts payable | 47/48 | €30,592 | €5,274 | -€25,318 | -82.8% |
| Remuneration, social security and pensions | 62 | €35,413 | €49,816 | +€14,404 | +40.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,938 | €9,341 | +€5,403 | +137% |
| Other operating charges | 640/8 | €2,150 | €682 | -€1,468 | -68.3% |
| Gross operating margin | 9900 | €24,615 | €79,551 | +€54,937 | +223% |
| Operating profit (loss) | 9901 | -€16,887 | €19,712 | +€36,598 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +200% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +200% |
| Financial charges | 65/66B | €1,085 | €2,345 | +€1,260 | +116% |
| Recurring financial charges | 65 | €1,085 | €2,345 | +€1,260 | +116% |
| Profit (loss) for the period before taxes | 9903 | -€17,972 | €17,367 | +€35,338 | |
| Profit (loss) for the period | 9904 | -€17,972 | €17,367 | +€35,338 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,972 | €17,367 | +€35,338 |
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 25 October 2026 via checked.be.