HAESKO: 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.
HAESKO
Largest movements
- Receivables within one year -€19,095
down €19,095 (-49.5%), from €38,560 to €19,465
of which Other amounts receivable: -€10,363
- Stocks and contracts +€7,515
up €7,515 (+43.3%), from €17,347 to €24,862
- Cash -€3,905
down €3,905 (-77.1%), from €5,063 to €1,158
mainly Trade debts (-€18,517) and Stocks and contracts (-€7,515)
- Deferred charges and accrued income +€1,467
new in 2024: €1,467
- Trade debts -€18,517
down €18,517 (-43.5%), from €42,543 to €24,026
- Profit (loss) carried forward +€8,750
up €8,750 (+78.3%), from -€11,170 to -€2,420
- Debts after one year -€5,004
down €5,004 (-14.1%), from €35,495 to €30,491
- Tax, wage and social debts +€1,710
up €1,710 (+41.8%), from €4,093 to €5,804
of which Taxes: +€1,966
- Purchases and services -€14,488
down €14,488 (-6.8%), from €214,077 to €199,589
- Gross operating margin -€10,877
down €10,877 (-36.6%), from €29,696 to €18,819
- Financial income -€818
down €818 (-85.6%), from €955 to €137
- Other operating charges -€672
down €672 (-38.0%), from €1,770 to €1,097
- Financial charges -€593
down €593 (-6.4%), from €9,251 to €8,658
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 | €103,506 | €89,488 | -€14,018 | -13.5% |
| Fixed assets | 21/28 | €283 | €283 | = | 0.0% |
| Financial fixed assets | 28 | €283 | €283 | = | 0.0% |
| Current assets | 29/58 | €103,224 | €89,206 | -€14,018 | -13.6% |
| Amounts receivable after more than one year | 29 | €42,253 | €42,253 | = | 0.0% |
| Other amounts receivable | 291 | €42,253 | €42,253 | = | 0.0% |
| Stocks and contracts in progress | 3 | €17,347 | €24,862 | +€7,515 | +43.3% |
| Stocks | 30/36 | €17,347 | €24,862 | +€7,515 | +43.3% |
| Amounts receivable within one year | 40/41 | €38,560 | €19,465 | -€19,095 | -49.5% |
| Trade receivables | 40 | €27,750 | €19,018 | -€8,732 | -31.5% |
| Other amounts receivable | 41 | €10,810 | €447 | -€10,363 | -95.9% |
| Cash at bank and in hand | 54/58 | €5,063 | €1,158 | -€3,905 | -77.1% |
| Deferred charges and accrued income | 490/1 | - | €1,467 | +€1,467 | |
| Total equity and liabilities | 10/49 | €103,506 | €89,488 | -€14,018 | -13.5% |
| Equity | 10/15 | €7,430 | €16,180 | +€8,750 | +117.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Profit (loss) carried forward | 14 | -€11,170 | -€2,420 | +€8,750 | +78.3% |
| Amounts payable | 17/49 | €96,076 | €73,309 | -€22,768 | -23.7% |
| Amounts payable after more than one year | 17 | €35,495 | €30,491 | -€5,004 | -14.1% |
| Financial debts | 170/4 | €35,495 | €30,491 | -€5,004 | -14.1% |
| Amounts payable within one year | 42/48 | €60,582 | €42,818 | -€17,764 | -29.3% |
| Current portion of amounts payable after more than one year | 42 | €5,112 | €5,004 | -€108 | -2.1% |
| Financial debts | 43 | €2,742 | €2,583 | -€159 | -5.8% |
| Credit institutions | 430/8 | €2,742 | €2,583 | -€159 | -5.8% |
| Trade debts | 44 | €42,543 | €24,026 | -€18,517 | -43.5% |
| Suppliers | 440/4 | €42,543 | €24,026 | -€18,517 | -43.5% |
| Taxes, remuneration and social security | 45 | €4,093 | €5,804 | +€1,710 | +41.8% |
| Taxes | 450/3 | €3,838 | €5,804 | +€1,966 | +51.2% |
| Remuneration and social security | 454/9 | €256 | - | -€256 | |
| Other amounts payable | 47/48 | €6,091 | €5,402 | -€689 | -11.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €214,077 | €199,589 | -€14,488 | -6.8% |
| Remuneration, social security and pensions | 62 | €688 | €388 | -€300 | -43.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88 | - | -€88 | |
| Other operating charges | 640/8 | €1,770 | €1,097 | -€672 | -38.0% |
| Non-recurring operating charges | 66A | - | €63 | +€63 | |
| Gross operating margin | 9900 | €29,696 | €18,819 | -€10,877 | -36.6% |
| Operating profit (loss) | 9901 | €27,150 | €17,271 | -€9,880 | -36.4% |
| Financial income | 75/76B | €955 | €137 | -€818 | -85.6% |
| Recurring financial income | 75 | €955 | €137 | -€818 | -85.6% |
| Financial charges | 65/66B | €9,251 | €8,658 | -€593 | -6.4% |
| Recurring financial charges | 65 | €9,251 | €8,658 | -€593 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €18,854 | €8,750 | -€10,104 | -53.6% |
| Profit (loss) for the period | 9904 | €18,854 | €8,750 | -€10,104 | -53.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,854 | €8,750 | -€10,104 | -53.6% |
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 7 October 2026 via checked.be.