Halberry: 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.
Halberry
Largest movements
- Tangible fixed assets +€1.1m
up €1.1m (+400.5%), from €283,645 to €1.4m
of which Plant, machinery and equipment: +€793,548
- Cash -€85,747
down €85,747 (-77.4%), from €110,817 to €25,070
mainly Investment in fixed assets (net) (-€1.2m) and Deferred charges and accrued income (-€34,656)
- Deferred charges and accrued income +€34,656
up €34,656 (+5896.4%), from €588 to €35,243
- Debts after one year +€663,296
up €663,296 (+287.2%), from €230,993 to €894,289
- Trade debts +€224,799
up €224,799 (+235.8%), from €95,335 to €320,133
- Reserves +€69,632
up €69,632 (+135.7%), from €51,310 to €120,942
- Current portion of long-term debt +€64,928
up €64,928 (+107.0%), from €60,687 to €125,616
- Short-term financial debts +€50,000
new in 2024: €50,000
- Gross operating margin +€62,141
up €62,141 (+56.5%), from €110,073 to €172,214
- Depreciation +€27,267
up €27,267 (+65.0%), from €41,974 to €69,241
- Financial charges +€20,674
up €20,674 (+206.2%), from €10,027 to €30,701
- Taxes -€10,899
down €10,899 (-100.0%), from €10,899 to €0
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 | €643,172 | €1,733,925 | +€1.1m | +169.6% |
| Fixed assets | 21/28 | €283,645 | €1,419,758 | +€1.1m | +400.5% |
| Tangible fixed assets | 22/27 | €283,645 | €1,419,758 | +€1.1m | +400.5% |
| Land and buildings | 22 | €120,225 | €474,190 | +€353,965 | +294.4% |
| Plant, machinery and equipment | 23 | €115,038 | €908,586 | +€793,548 | +689.8% |
| Furniture and vehicles | 24 | €48,381 | €36,982 | -€11,400 | -23.6% |
| Current assets | 29/58 | €359,527 | €314,167 | -€45,360 | -12.6% |
| Stocks and contracts in progress | 3 | €227,070 | €222,238 | -€4,833 | -2.1% |
| Stocks | 30/36 | €227,070 | €222,238 | -€4,833 | -2.1% |
| Amounts receivable within one year | 40/41 | €21,053 | €31,616 | +€10,563 | +50.2% |
| Trade receivables | 40 | €11,136 | €11,090 | -€46 | -0.4% |
| Other amounts receivable | 41 | €9,916 | €20,526 | +€10,609 | +107.0% |
| Cash at bank and in hand | 54/58 | €110,817 | €25,070 | -€85,747 | -77.4% |
| Deferred charges and accrued income | 490/1 | €588 | €35,243 | +€34,656 | +5896.4% |
| Total equity and liabilities | 10/49 | €643,172 | €1,733,925 | +€1.1m | +169.6% |
| Equity | 10/15 | €56,310 | €125,942 | +€69,632 | +123.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €51,310 | €120,942 | +€69,632 | +135.7% |
| Distributable reserves | 133 | €51,310 | €120,942 | +€69,632 | +135.7% |
| Amounts payable | 17/49 | €586,862 | €1,607,982 | +€1.0m | +174.0% |
| Amounts payable after more than one year | 17 | €230,993 | €894,289 | +€663,296 | +287.2% |
| Financial debts | 170/4 | €230,993 | €894,289 | +€663,296 | +287.2% |
| Amounts payable within one year | 42/48 | €355,869 | €713,694 | +€357,825 | +100.5% |
| Current portion of amounts payable after more than one year | 42 | €60,687 | €125,616 | +€64,928 | +107.0% |
| Financial debts | 43 | - | €50,000 | +€50,000 | |
| Credit institutions | 430/8 | - | €50,000 | +€50,000 | |
| Trade debts | 44 | €95,335 | €320,133 | +€224,799 | +235.8% |
| Suppliers | 440/4 | €95,335 | €320,133 | +€224,799 | +235.8% |
| Taxes, remuneration and social security | 45 | €10,899 | €10,899 | = | 0.0% |
| Taxes | 450/3 | €10,899 | €10,899 | = | 0.0% |
| Other amounts payable | 47/48 | €188,948 | €207,045 | +€18,097 | +9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,974 | €69,241 | +€27,267 | +65.0% |
| Other operating charges | 640/8 | €1,027 | €2,691 | +€1,664 | +162.0% |
| Non-recurring operating charges | 66A | €356 | €0 | -€356 | -100.0% |
| Gross operating margin | 9900 | €110,073 | €172,214 | +€62,141 | +56.5% |
| Operating profit (loss) | 9901 | €66,715 | €100,283 | +€33,567 | +50.3% |
| Financial income | 75/76B | €1 | €51 | +€50 | +8928.6% |
| Recurring financial income | 75 | €1 | €51 | +€50 | +8928.6% |
| Financial charges | 65/66B | €10,027 | €30,701 | +€20,674 | +206.2% |
| Recurring financial charges | 65 | €10,027 | €30,701 | +€20,674 | +206.2% |
| Profit (loss) for the period before taxes | 9903 | €56,689 | €69,632 | +€12,943 | +22.8% |
| Income taxes | 67/77 | €10,899 | €0 | -€10,899 | -100.0% |
| Profit (loss) for the period | 9904 | €45,790 | €69,632 | +€23,842 | +52.1% |
| Profit (loss) for the period to be appropriated | 9905 | €45,790 | €69,632 | +€23,842 | +52.1% |
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 6 October 2026 via checked.be.