HALCOR: 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.
HALCOR
Largest movements
- Cash +€25,359
up €25,359 (+278.9%), from €9,092 to €34,451
mainly Net result for the year (+€45,289) and Tax, wage and social debts (+€10,302)
- Receivables within one year +€17,444
up €17,444 (+61.9%), from €28,189 to €45,633
of which Other amounts receivable: +€30,040
- Tangible fixed assets +€5,219
new in 2024: €5,219
- Profit (loss) carried forward +€45,288
up €45,288, from -€1,472 to €43,816
- Tax, wage and social debts +€10,302
up €10,302 (+37.9%), from €27,205 to €37,507
of which Taxes: +€11,886
- Trade debts -€7,568
down €7,568 (-67.3%), from €11,238 to €3,670
- Gross operating margin +€64,279
up €64,279 (+325.1%), from €19,774 to €84,053
- Taxes +€11,024
new in 2024: €11,024
- Staff costs +€6,256
up €6,256 (+29.3%), from €21,350 to €27,606
- Financial income +€1,049
up €1,049 (+971.5%), from €108 to €1,157
- Other operating charges +€959
new in 2024: €959
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 | €37,971 | €85,993 | +€48,022 | +126.5% |
| Fixed assets | 21/28 | - | €5,219 | +€5,219 | |
| Tangible fixed assets | 22/27 | - | €5,219 | +€5,219 | |
| Furniture and vehicles | 24 | - | €5,219 | +€5,219 | |
| Current assets | 29/58 | €37,971 | €80,773 | +€42,802 | +112.7% |
| Amounts receivable within one year | 40/41 | €28,189 | €45,633 | +€17,444 | +61.9% |
| Trade receivables | 40 | €24,115 | €11,519 | -€12,596 | -52.2% |
| Other amounts receivable | 41 | €4,074 | €34,114 | +€30,040 | +737.4% |
| Cash at bank and in hand | 54/58 | €9,092 | €34,451 | +€25,359 | +278.9% |
| Deferred charges and accrued income | 490/1 | €690 | €690 | -€0 | -0.1% |
| Total equity and liabilities | 10/49 | €37,971 | €85,993 | +€48,022 | +126.5% |
| Equity | 10/15 | -€472 | €44,816 | +€45,288 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,472 | €43,816 | +€45,288 | |
| Amounts payable | 17/49 | €38,443 | €41,176 | +€2,733 | +7.1% |
| Amounts payable within one year | 42/48 | €38,443 | €41,176 | +€2,733 | +7.1% |
| Trade debts | 44 | €11,238 | €3,670 | -€7,568 | -67.3% |
| Suppliers | 440/4 | €11,238 | €3,670 | -€7,568 | -67.3% |
| Taxes, remuneration and social security | 45 | €27,205 | €37,507 | +€10,302 | +37.9% |
| Taxes | 450/3 | €18,902 | €30,788 | +€11,886 | +62.9% |
| Remuneration and social security | 454/9 | €8,302 | €6,718 | -€1,584 | -19.1% |
| Remuneration, social security and pensions | 62 | €21,350 | €27,606 | +€6,256 | +29.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €281 | +€281 | |
| Other operating charges | 640/8 | - | €959 | +€959 | |
| Gross operating margin | 9900 | €19,774 | €84,053 | +€64,279 | +325.1% |
| Operating profit (loss) | 9901 | -€1,576 | €55,208 | +€56,784 | |
| Financial income | 75/76B | €108 | €1,157 | +€1,049 | +971.5% |
| Recurring financial income | 75 | €108 | €1,157 | +€1,049 | +971.5% |
| Financial charges | 65/66B | €4 | €53 | +€49 | +1214.5% |
| Recurring financial charges | 65 | €4 | €53 | +€49 | +1214.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,472 | €56,313 | +€57,785 | |
| Income taxes | 67/77 | - | €11,024 | +€11,024 | |
| Profit (loss) for the period | 9904 | -€1,472 | €45,289 | +€46,761 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,472 | €45,289 | +€46,761 |
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 9 October 2026 via checked.be.