HADRI H: what changed
Two fiscal 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.
HADRI H
Largest movements
- Intangible fixed assets -€19,500
down €19,500 (-14.3%), from €136,500 to €117,000
- Cash +€8,493
up €8,493 (+1299.0%), from €654 to €9,147
mainly Other debts (+€174,366) and Depreciation (+€19,694)
- Other debts +€174,366
new in 2024: €174,366
- Accrued charges and deferred income -€167,241
no longer reported in 2024 (was €167,241)
- Profit (loss) carried forward -€33,458
down €33,458 (-72.4%), from -€46,241 to -€79,698
- Tax, wage and social debts +€9,390
up €9,390 (+10620.5%), from €88 to €9,478
of which Remuneration and social security: +€5,374
- Trade debts +€5,419
up €5,419 (+54.5%), from €9,935 to €15,354
- Gross operating margin -€23,370
down €23,370 (-79.5%), from €29,395 to €6,025
- Staff costs +€10,092
up €10,092 (+142.3%), from €7,092 to €17,184
- Other operating charges -€1,079
down €1,079 (-58.3%), from €1,852 to €773
- Taxes +€692
new in 2024: €692
- Depreciation -€375
down €375 (-1.9%), from €20,069 to €19,694
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
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 | €152,838 | €141,738 | -€11,100 | -7.3% |
| Formation expenses | 20 | €167 | €0 | -€167 | -100.0% |
| Fixed assets | 21/28 | €143,639 | €124,112 | -€19,527 | -13.6% |
| Intangible fixed assets | 21 | €136,500 | €117,000 | -€19,500 | -14.3% |
| Tangible fixed assets | 22/27 | €413 | €387 | -€27 | -6.5% |
| Furniture and vehicles | 24 | €413 | €387 | -€27 | -6.5% |
| Financial fixed assets | 28 | €6,726 | €6,726 | = | 0.0% |
| Current assets | 29/58 | €9,032 | €17,625 | +€8,594 | +95.2% |
| Amounts receivable within one year | 40/41 | €8,378 | €8,479 | +€101 | +1.2% |
| Trade receivables | 40 | €4,154 | €4,154 | = | 0.0% |
| Other amounts receivable | 41 | €4,224 | €4,325 | +€101 | +2.4% |
| Cash at bank and in hand | 54/58 | €654 | €9,147 | +€8,493 | +1299.0% |
| Total equity and liabilities | 10/49 | €152,838 | €141,738 | -€11,100 | -7.3% |
| Equity | 10/15 | -€26,241 | -€59,698 | -€33,458 | -127.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,241 | -€79,698 | -€33,458 | -72.4% |
| Amounts payable | 17/49 | €179,078 | €201,436 | +€22,357 | +12.5% |
| Amounts payable within one year | 42/48 | €11,838 | €201,436 | +€189,598 | +1601.6% |
| Trade debts | 44 | €9,935 | €15,354 | +€5,419 | +54.5% |
| Suppliers | 440/4 | €9,935 | €15,354 | +€5,419 | +54.5% |
| Advances received on contracts in progress | 46 | €1,815 | €2,239 | +€424 | +23.3% |
| Taxes, remuneration and social security | 45 | €88 | €9,478 | +€9,390 | +10620.5% |
| Taxes | 450/3 | €88 | €4,104 | +€4,015 | +4541.6% |
| Remuneration and social security | 454/9 | - | €5,374 | +€5,374 | |
| Other amounts payable | 47/48 | - | €174,366 | +€174,366 | |
| Accrued charges and deferred income | 492/3 | €167,241 | - | -€167,241 | |
| Remuneration, social security and pensions | 62 | €7,092 | €17,184 | +€10,092 | +142.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,069 | €19,694 | -€375 | -1.9% |
| Other operating charges | 640/8 | €1,852 | €773 | -€1,079 | -58.3% |
| Gross operating margin | 9900 | €29,395 | €6,025 | -€23,370 | -79.5% |
| Operating profit (loss) | 9901 | €382 | -€31,626 | -€32,008 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,111 | €1,140 | +€29 | +2.6% |
| Recurring financial charges | 65 | €1,111 | €1,140 | +€29 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | -€728 | -€32,766 | -€32,038 | -4399.5% |
| Income taxes | 67/77 | - | €692 | +€692 | |
| Profit (loss) for the period | 9904 | -€728 | -€33,458 | -€32,729 | -4494.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€728 | -€33,458 | -€32,729 | -4494.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.