HADERA: 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.
HADERA
Largest movements
- Receivables within one year +€59,524
up €59,524 (+283.8%), from €20,974 to €80,498
of which Other amounts receivable: +€67,124
- Deferred charges and accrued income -€37,032
no longer reported in 2024 (was €37,032)
- Intangible fixed assets -€33,000
down €33,000 (-37.5%), from €88,000 to €55,000
- Receivables after one year +€11,304
new in 2024: €11,304
- Tangible fixed assets -€5,210
down €5,210 (-84.6%), from €6,160 to €950
- Other debts -€70,622
no longer reported in 2024 (was €70,622)
- Reserves +€49,949
up €49,949 (+136.2%), from €36,678 to €86,627
of which Distributable reserves: +€49,949
- Tax, wage and social debts +€25,542
up €25,542 (+196.1%), from €13,025 to €38,567
- Debts after one year -€3,918
down €3,918 (-85.2%), from €4,597 to €679
- Short-term financial debts -€3,020
down €3,020 (-85.0%), from €3,551 to €532
- Gross operating margin +€52,363
up €52,363 (+82.9%), from €63,178 to €115,541
- Taxes +€21,654
up €21,654 (+1738.2%), from €1,246 to €22,900
- Depreciation +€12,846
up €12,846 (+50.6%), from €25,364 to €38,210
- Other operating charges +€2,984
up €2,984 (+253.4%), from €1,177 to €4,161
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.
Cash bridge derived
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €152,166 | €147,751 | -€4,415 | -2.9% |
| Fixed assets | 21/28 | €94,160 | €55,950 | -€38,210 | -40.6% |
| Intangible fixed assets | 21 | €88,000 | €55,000 | -€33,000 | -37.5% |
| Tangible fixed assets | 22/27 | €6,160 | €950 | -€5,210 | -84.6% |
| Furniture and vehicles | 24 | €6,160 | €950 | -€5,210 | -84.6% |
| Current assets | 29/58 | €58,006 | €91,802 | +€33,796 | +58.3% |
| Amounts receivable after more than one year | 29 | - | €11,304 | +€11,304 | |
| Other amounts receivable | 291 | - | €11,304 | +€11,304 | |
| Amounts receivable within one year | 40/41 | €20,974 | €80,498 | +€59,524 | +283.8% |
| Trade receivables | 40 | €20,974 | €13,374 | -€7,600 | -36.2% |
| Other amounts receivable | 41 | - | €67,124 | +€67,124 | |
| Deferred charges and accrued income | 490/1 | €37,032 | - | -€37,032 | |
| Total equity and liabilities | 10/49 | €152,166 | €147,751 | -€4,415 | -2.9% |
| Equity | 10/15 | €55,278 | €105,227 | +€49,949 | +90.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €36,678 | €86,627 | +€49,949 | +136.2% |
| 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 | €34,818 | €84,767 | +€49,949 | +143.5% |
| Amounts payable | 17/49 | €96,888 | €42,524 | -€54,364 | -56.1% |
| Amounts payable after more than one year | 17 | €4,597 | €679 | -€3,918 | -85.2% |
| Financial debts | 170/4 | €4,597 | €679 | -€3,918 | -85.2% |
| Amounts payable within one year | 42/48 | €92,291 | €41,845 | -€50,446 | -54.7% |
| Current portion of amounts payable after more than one year | 42 | €2,469 | €2,641 | +€172 | +7.0% |
| Financial debts | 43 | €3,551 | €532 | -€3,020 | -85.0% |
| Credit institutions | 430/8 | €3,551 | €532 | -€3,020 | -85.0% |
| Trade debts | 44 | €2,624 | €105 | -€2,519 | -96.0% |
| Suppliers | 440/4 | €2,624 | €105 | -€2,519 | -96.0% |
| Taxes, remuneration and social security | 45 | €13,025 | €38,567 | +€25,542 | +196.1% |
| Taxes | 450/3 | €13,025 | €38,567 | +€25,542 | +196.1% |
| Other amounts payable | 47/48 | €70,622 | - | -€70,622 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,364 | €38,210 | +€12,846 | +50.6% |
| Other operating charges | 640/8 | €1,177 | €4,161 | +€2,984 | +253.4% |
| Gross operating margin | 9900 | €63,178 | €115,541 | +€52,363 | +82.9% |
| Operating profit (loss) | 9901 | €36,636 | €73,169 | +€36,533 | +99.7% |
| Financial income | 75/76B | €1 | €1,065 | +€1,064 | +112036.8% |
| Recurring financial income | 75 | €1 | €1,065 | +€1,064 | +112036.8% |
| Financial charges | 65/66B | €1,465 | €1,385 | -€81 | -5.5% |
| Recurring financial charges | 65 | €1,465 | €1,385 | -€81 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €35,171 | €72,849 | +€37,678 | +107.1% |
| Income taxes | 67/77 | €1,246 | €22,900 | +€21,654 | +1738.2% |
| Profit (loss) for the period | 9904 | €33,926 | €49,949 | +€16,024 | +47.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,926 | €49,949 | +€16,024 | +47.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.