HALI: 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.
HALI
Largest movements
- Receivables within one year +€58,578
up €58,578 (+199%), from €29,438 to €88,016
of which Other amounts receivable: +€54,625
- Stocks and contracts -€35,450
down €35,450 (-63.8%), from €55,526 to €20,076
- Cash -€2,496
down €2,496 (-22.1%), from €11,275 to €8,778
mainly Receivables within one year (-€58,578) and Investment in fixed assets (net) (-€3,294)
- Tax, wage and social debts +€11,528
up €11,528 (+81.9%), from €14,073 to €25,601
- Profit (loss) carried forward +€9,005
up €9,005 (+11.8%), from €76,298 to €85,303
- Gross operating margin -€47,055
down €47,055 (-74.5%), from €63,201 to €16,145
- Taxes -€14,710
down €14,710 (-86.7%), from €16,962 to €2,251
- Financial income -€2,840
down €2,840 (-100%), from €2,840 to €0
- Depreciation +€2,082
up €2,082 (+284%), from €732 to €2,815
- Financial charges -€2,010
down €2,010 (-57.8%), from €3,479 to €1,469
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 | €110,831 | €131,364 | +€20,533 | +18.5% |
| Fixed assets | 21/28 | €14,015 | €14,494 | +€479 | +3.4% |
| Tangible fixed assets | 22/27 | €11,915 | €12,394 | +€479 | +4.0% |
| Plant, machinery and equipment | 23 | €10,649 | €8,381 | -€2,269 | -21.3% |
| Furniture and vehicles | 24 | €1,266 | €4,014 | +€2,748 | +217% |
| Financial fixed assets | 28 | €2,100 | €2,100 | = | 0.0% |
| Current assets | 29/58 | €96,816 | €116,870 | +€20,054 | +20.7% |
| Stocks and contracts in progress | 3 | €55,526 | €20,076 | -€35,450 | -63.8% |
| Stocks | 30/36 | €55,526 | €20,076 | -€35,450 | -63.8% |
| Amounts receivable within one year | 40/41 | €29,438 | €88,016 | +€58,578 | +199% |
| Trade receivables | 40 | €20,099 | €24,052 | +€3,953 | +19.7% |
| Other amounts receivable | 41 | €9,339 | €63,964 | +€54,625 | +585% |
| Cash at bank and in hand | 54/58 | €11,275 | €8,778 | -€2,496 | -22.1% |
| Deferred charges and accrued income | 490/1 | €577 | €0 | -€577 | -100% |
| Total equity and liabilities | 10/49 | €110,831 | €131,364 | +€20,533 | +18.5% |
| Equity | 10/15 | €96,758 | €105,763 | +€9,005 | +9.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,298 | €85,303 | +€9,005 | +11.8% |
| Amounts payable | 17/49 | €14,073 | €25,601 | +€11,528 | +81.9% |
| Amounts payable within one year | 42/48 | €14,073 | €25,601 | +€11,528 | +81.9% |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €14,073 | €25,601 | +€11,528 | +81.9% |
| Taxes | 450/3 | €14,073 | €25,601 | +€11,528 | +81.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €732 | €2,815 | +€2,082 | +284% |
| Other operating charges | 640/8 | €1,266 | €606 | -€660 | -52.2% |
| Gross operating margin | 9900 | €63,201 | €16,145 | -€47,055 | -74.5% |
| Operating profit (loss) | 9901 | €61,202 | €12,725 | -€48,477 | -79.2% |
| Financial income | 75/76B | €2,840 | €0 | -€2,840 | -100% |
| Recurring financial income | 75 | €2,840 | €0 | -€2,840 | -100% |
| Financial charges | 65/66B | €3,479 | €1,469 | -€2,010 | -57.8% |
| Recurring financial charges | 65 | €3,479 | €1,469 | -€2,010 | -57.8% |
| Profit (loss) for the period before taxes | 9903 | €60,563 | €11,256 | -€49,307 | -81.4% |
| Income taxes | 67/77 | €16,962 | €2,251 | -€14,710 | -86.7% |
| Profit (loss) for the period | 9904 | €43,601 | €9,005 | -€34,596 | -79.3% |
| Profit (loss) for the period to be appropriated | 9905 | €43,601 | €9,005 | -€34,596 | -79.3% |
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 16 October 2026 via checked.be.