HACCP NORTH: 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.
HACCP NORTH
Largest movements
- Receivables within one year -€52,660
down €52,660 (-40.6%), from €129,851 to €77,191
of which Trade receivables: -€56,628
- Cash -€38,134
down €38,134 (-100%), from €38,134 to €0
mainly Tax, wage and social debts (-€60,930) and Net result for the year (-€50,634)
- Tangible fixed assets -€28,756
down €28,756 (-16.0%), from €179,576 to €150,821
of which Leasing and similar rights: -€25,626
- Tax, wage and social debts -€60,930
down €60,930 (-83.0%), from €73,391 to €12,460
- Profit (loss) carried forward -€50,634
down €50,634 (-648%), from -€7,814 to -€58,448
- Trade debts +€36,039
up €36,039 (+54.5%), from €66,151 to €102,190
- Current portion of long-term debt -€34,490
down €34,490 (-62.2%), from €55,464 to €20,974
- Debts after one year -€10,532
down €10,532 (-10.4%), from €101,524 to €90,992
- Depreciation +€22,763
up €22,763 (+109%), from €20,877 to €43,640
- Financial charges -€10,311
down €10,311 (-17.9%), from €57,584 to €47,273
of which Financial charges: -€12,616
- Gross operating margin -€8,397
down €8,397 (-12.8%), from €65,856 to €57,459
- Taxes -€2,974
down €2,974 (-100%), from €2,974 to €0
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €347,710 | €228,068 | -€119,642 | -34.4% |
| Fixed assets | 21/28 | €179,626 | €150,871 | -€28,756 | -16.0% |
| Tangible fixed assets | 22/27 | €179,576 | €150,821 | -€28,756 | -16.0% |
| Land and buildings | 22 | €151,245 | €139,211 | -€12,034 | -8.0% |
| Furniture and vehicles | 24 | €2,705 | €11,609 | +€8,905 | +329% |
| Leasing and similar rights | 25 | €25,626 | €0 | -€25,626 | -100% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €168,084 | €77,197 | -€90,886 | -54.1% |
| Amounts receivable within one year | 40/41 | €129,851 | €77,191 | -€52,660 | -40.6% |
| Trade receivables | 40 | €101,320 | €44,692 | -€56,628 | -55.9% |
| Other amounts receivable | 41 | €28,531 | €32,499 | +€3,968 | +13.9% |
| Cash at bank and in hand | 54/58 | €38,134 | €0 | -€38,134 | -100% |
| Deferred charges and accrued income | 490/1 | €99 | €6 | -€93 | -93.7% |
| Total equity and liabilities | 10/49 | €347,710 | €228,068 | -€119,642 | -34.4% |
| Equity | 10/15 | €51,180 | €546 | -€50,634 | -98.9% |
| Contributions | 10/11 | €17,500 | €17,500 | = | 0.0% |
| Reserves | 13 | €41,495 | €41,495 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €39,635 | €39,635 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,814 | -€58,448 | -€50,634 | -648% |
| Amounts payable | 17/49 | €296,530 | €227,522 | -€69,008 | -23.3% |
| Amounts payable after more than one year | 17 | €101,524 | €90,992 | -€10,532 | -10.4% |
| Financial debts | 170/4 | €101,524 | €90,992 | -€10,532 | -10.4% |
| Amounts payable within one year | 42/48 | €195,006 | €136,529 | -€58,476 | -30.0% |
| Current portion of amounts payable after more than one year | 42 | €55,464 | €20,974 | -€34,490 | -62.2% |
| Financial debts | 43 | €0 | €905 | +€905 | |
| Credit institutions | 430/8 | €0 | €905 | +€905 | |
| Trade debts | 44 | €66,151 | €102,190 | +€36,039 | +54.5% |
| Suppliers | 440/4 | €66,151 | €102,190 | +€36,039 | +54.5% |
| Taxes, remuneration and social security | 45 | €73,391 | €12,460 | -€60,930 | -83.0% |
| Taxes | 450/3 | €73,391 | €12,460 | -€60,930 | -83.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,877 | €43,640 | +€22,763 | +109% |
| Other operating charges | 640/8 | €16,588 | €17,194 | +€606 | +3.7% |
| Non-recurring operating charges | 66A | €3,136 | €0 | -€3,136 | -100% |
| Gross operating margin | 9900 | €65,856 | €57,459 | -€8,397 | -12.8% |
| Operating profit (loss) | 9901 | €25,256 | -€3,375 | -€28,631 | |
| Financial income | 75/76B | €283 | €14 | -€270 | -95.2% |
| Recurring financial income | 75 | €283 | €14 | -€270 | -95.2% |
| Financial charges | 65/66B | €57,584 | €47,273 | -€10,311 | -17.9% |
| Recurring financial charges | 65 | €52,606 | €39,990 | -€12,616 | -24.0% |
| Non-recurring financial charges | 66B | €4,978 | €7,283 | +€2,305 | +46.3% |
| Profit (loss) for the period before taxes | 9903 | -€32,045 | -€50,634 | -€18,589 | -58.0% |
| Income taxes | 67/77 | €2,974 | €0 | -€2,974 | -100% |
| Profit (loss) for the period | 9904 | -€35,019 | -€50,634 | -€15,615 | -44.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,019 | -€50,634 | -€15,615 | -44.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.