HA TERRASSEMENT: what changed
HA TERRASSEMENT
Largest movements
- Receivables within one year +€63,344
up €63,344 (+406%), from €15,593 to €78,938
of which Trade receivables: +€62,251
- Tangible fixed assets -€16,402
down €16,402 (-53.9%), from €30,406 to €14,004
- Deferred charges and accrued income -€1,152
down €1,152 (-76.4%), from €1,507 to €355
- Trade debts +€43,813
up €43,813 (+358%), from €12,243 to €56,056
- Tax, wage and social debts +€11,732
up €11,732 (+554%), from €2,116 to €13,848
of which Remuneration and social security: +€7,500
- Other debts -€7,733
down €7,733 (-78.3%), from €9,874 to €2,141
- Debts after one year -€7,683
down €7,683 (-38.7%), from €19,857 to €12,174
- Profit (loss) carried forward +€5,910
up €5,910 (+99.7%), from -€5,930 to -€20
- Gross operating margin +€6,838
up €6,838 (+29.9%), from €22,855 to €29,694
- Taxes +€3,623
up €3,623 (+595%), from €609 to €4,232
- Other operating charges +€1,259
up €1,259 (+232%), from €543 to €1,803
- Depreciation +€903
up €903 (+5.8%), from €15,498 to €16,402
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,607 | €93,428 | +€45,821 | +96.2% |
| Fixed assets | 21/28 | €30,406 | €14,004 | -€16,402 | -53.9% |
| Tangible fixed assets | 22/27 | €30,406 | €14,004 | -€16,402 | -53.9% |
| Plant, machinery and equipment | 23 | €4,860 | €2,000 | -€2,860 | -58.8% |
| Furniture and vehicles | 24 | €18,656 | €12,004 | -€6,652 | -35.7% |
| Leasing and similar rights | 25 | €6,890 | €0 | -€6,890 | -100% |
| Current assets | 29/58 | €17,201 | €79,424 | +€62,223 | +362% |
| Amounts receivable within one year | 40/41 | €15,593 | €78,938 | +€63,344 | +406% |
| Trade receivables | 40 | €14,679 | €76,930 | +€62,251 | +424% |
| Other amounts receivable | 41 | €914 | €2,008 | +€1,094 | +120% |
| Cash at bank and in hand | 54/58 | €101 | €131 | +€30 | +29.6% |
| Deferred charges and accrued income | 490/1 | €1,507 | €355 | -€1,152 | -76.4% |
| Total equity and liabilities | 10/49 | €47,607 | €93,428 | +€45,821 | +96.2% |
| Equity | 10/15 | -€930 | €4,980 | +€5,910 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,930 | -€20 | +€5,910 | +99.7% |
| Amounts payable | 17/49 | €48,537 | €88,448 | +€39,911 | +82.2% |
| Amounts payable after more than one year | 17 | €19,857 | €12,174 | -€7,683 | -38.7% |
| Financial debts | 170/4 | €19,857 | €12,174 | -€7,683 | -38.7% |
| Amounts payable within one year | 42/48 | €28,680 | €76,274 | +€47,594 | +166% |
| Current portion of amounts payable after more than one year | 42 | €2,535 | €4,228 | +€1,694 | +66.8% |
| Financial debts | 43 | €1,912 | €0 | -€1,912 | -100% |
| Credit institutions | 430/8 | €1,912 | €0 | -€1,912 | -100% |
| Trade debts | 44 | €12,243 | €56,056 | +€43,813 | +358% |
| Suppliers | 440/4 | €12,243 | €56,056 | +€43,813 | +358% |
| Taxes, remuneration and social security | 45 | €2,116 | €13,848 | +€11,732 | +554% |
| Taxes | 450/3 | €616 | €4,848 | +€4,232 | +687% |
| Remuneration and social security | 454/9 | €1,500 | €9,000 | +€7,500 | +500% |
| Other amounts payable | 47/48 | €9,874 | €2,141 | -€7,733 | -78.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,498 | €16,402 | +€903 | +5.8% |
| Other operating charges | 640/8 | €543 | €1,803 | +€1,259 | +232% |
| Gross operating margin | 9900 | €22,855 | €29,694 | +€6,838 | +29.9% |
| Operating profit (loss) | 9901 | €6,814 | €11,489 | +€4,676 | +68.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €1,150 | €1,347 | +€197 | +17.1% |
| Recurring financial charges | 65 | €1,150 | €1,347 | +€197 | +17.1% |
| Profit (loss) for the period before taxes | 9903 | €5,664 | €10,142 | +€4,478 | +79.1% |
| Income taxes | 67/77 | €609 | €4,232 | +€3,623 | +595% |
| Profit (loss) for the period | 9904 | €5,055 | €5,910 | +€855 | +16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,055 | €5,910 | +€855 | +16.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.