Hafez Shop: 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.
Hafez Shop
Largest movements
- Cash +€101,751
up €101,751 (+253%), from €40,253 to €142,004
mainly Trade debts (+€57,736) and Net result for the year (+€51,833)
- Stocks and contracts +€24,300
up €24,300 (+44.9%), from €54,149 to €78,449
- Tangible fixed assets -€3,500
no longer reported in 2024 (was €3,500)
- Trade debts +€57,736
up €57,736 (+268%), from €21,505 to €79,242
- Profit (loss) carried forward +€51,833
up €51,833 (+91.6%), from €56,559 to €108,392
- Tax, wage and social debts +€14,214
up €14,214 (+30.7%), from €46,248 to €60,462
of which Taxes: +€7,838
- Turnover +€238,424
up €238,424 (+47.8%), from €498,978 to €737,402
- Purchases and services +€179,499
up €179,499 (+41.6%), from €431,700 to €611,199
- Gross operating margin +€58,924
up €58,924 (+87.6%), from €67,279 to €126,203
- Staff costs +€25,840
up €25,840 (+74.7%), from €34,600 to €60,440
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.
Derived cash bridge
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 | €135,321 | €258,096 | +€122,775 | +90.7% |
| Fixed assets | 21/28 | €29,699 | €26,199 | -€3,500 | -11.8% |
| Tangible fixed assets | 22/27 | €3,500 | - | -€3,500 | |
| Other tangible fixed assets | 26 | €3,500 | - | -€3,500 | |
| Financial fixed assets | 28 | €26,199 | €26,199 | = | 0.0% |
| Current assets | 29/58 | €105,622 | €231,897 | +€126,275 | +120% |
| Stocks and contracts in progress | 3 | €54,149 | €78,449 | +€24,300 | +44.9% |
| Stocks | 30/36 | €54,149 | €78,449 | +€24,300 | +44.9% |
| Amounts receivable within one year | 40/41 | €11,220 | €11,444 | +€224 | +2.0% |
| Trade receivables | 40 | €11,220 | €11,346 | +€126 | +1.1% |
| Other amounts receivable | 41 | - | €98 | +€98 | |
| Cash at bank and in hand | 54/58 | €40,253 | €142,004 | +€101,751 | +253% |
| Total equity and liabilities | 10/49 | €135,321 | €258,096 | +€122,775 | +90.7% |
| Equity | 10/15 | €66,559 | €118,392 | +€51,833 | +77.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Contributions outside capital | 11 | €10,000 | €10,000 | = | 0.0% |
| Share premium | 1100/10 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,559 | €108,392 | +€51,833 | +91.6% |
| Amounts payable | 17/49 | €68,761 | €139,704 | +€70,942 | +103% |
| Amounts payable within one year | 42/48 | €68,761 | €139,704 | +€70,942 | +103% |
| Trade debts | 44 | €21,505 | €79,242 | +€57,736 | +268% |
| Suppliers | 440/4 | €21,505 | €79,242 | +€57,736 | +268% |
| Taxes, remuneration and social security | 45 | €46,248 | €60,462 | +€14,214 | +30.7% |
| Taxes | 450/3 | €34,483 | €42,321 | +€7,838 | +22.7% |
| Remuneration and social security | 454/9 | €11,765 | €18,141 | +€6,376 | +54.2% |
| Other amounts payable | 47/48 | €1,008 | - | -€1,008 | |
| Turnover | 70 | €498,978 | €737,402 | +€238,424 | +47.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €431,700 | €611,199 | +€179,499 | +41.6% |
| Remuneration, social security and pensions | 62 | €34,600 | €60,440 | +€25,840 | +74.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,500 | €3,500 | = | 0.0% |
| Other operating charges | 640/8 | €4,644 | €4,000 | -€644 | -13.9% |
| Gross operating margin | 9900 | €67,279 | €126,203 | +€58,924 | +87.6% |
| Operating profit (loss) | 9901 | €24,535 | €58,263 | +€33,728 | +137% |
| Financial income | 75/76B | €1 | €20 | +€19 | +3,267% |
| Recurring financial income | 75 | €1 | €20 | +€19 | +3,267% |
| Financial charges | 65/66B | €2,448 | €2,817 | +€369 | +15.1% |
| Recurring financial charges | 65 | €2,136 | €2,817 | +€680 | +31.8% |
| Non-recurring financial charges | 66B | €312 | - | -€312 | |
| Profit (loss) for the period before taxes | 9903 | €22,087 | €55,466 | +€33,379 | +151% |
| Income taxes | 67/77 | €2,364 | €3,633 | +€1,269 | +53.7% |
| Profit (loss) for the period | 9904 | €19,723 | €51,833 | +€32,110 | +163% |
| Profit (loss) for the period to be appropriated | 9905 | €19,723 | €51,833 | +€32,110 | +163% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.