HANGAR 160: 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.
HANGAR 160
Largest movements
- Cash +€98,962
up €98,962 (+83.5%), from €118,537 to €217,499
mainly Net result for the year (+€97,613) and Trade debts (+€64,900)
- Receivables within one year +€51,793
up €51,793 (+66.4%), from €78,010 to €129,803
of which Trade receivables: +€28,843
- Stocks and contracts +€35,000
up €35,000 (+6.1%), from €572,318 to €607,318
- Profit (loss) carried forward +€97,613
up €97,613 (+32.8%), from €297,813 to €395,427
- Trade debts +€64,900
up €64,900 (+33.5%), from €193,444 to €258,344
- Tax, wage and social debts +€20,627
up €20,627 (+38.2%), from €53,943 to €74,571
of which Taxes: +€12,886
- Advances received -€12,155
down €12,155 (-72.7%), from €16,730 to €4,574
- Staff costs +€17,466
new in 2024: €17,466
- Taxes -€8,410
down €8,410 (-22.4%), from €37,619 to €29,210
- Gross operating margin -€8,136
down €8,136 (-4.8%), from €168,803 to €160,667
- Other operating charges -€1,874
down €1,874 (-17.3%), from €10,826 to €8,951
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 | €782,238 | €962,323 | +€180,084 | +23.0% |
| Fixed assets | 21/28 | €13,373 | €7,703 | -€5,670 | -42.4% |
| Tangible fixed assets | 22/27 | €13,373 | €7,703 | -€5,670 | -42.4% |
| Plant, machinery and equipment | 23 | €7,874 | €5,898 | -€1,976 | -25.1% |
| Furniture and vehicles | 24 | €5,499 | €1,805 | -€3,694 | -67.2% |
| Current assets | 29/58 | €768,865 | €954,620 | +€185,755 | +24.2% |
| Stocks and contracts in progress | 3 | €572,318 | €607,318 | +€35,000 | +6.1% |
| Stocks | 30/36 | €572,318 | €607,318 | +€35,000 | +6.1% |
| Amounts receivable within one year | 40/41 | €78,010 | €129,803 | +€51,793 | +66.4% |
| Trade receivables | 40 | €57,092 | €85,936 | +€28,843 | +50.5% |
| Other amounts receivable | 41 | €20,918 | €43,867 | +€22,949 | +110% |
| Cash at bank and in hand | 54/58 | €118,537 | €217,499 | +€98,962 | +83.5% |
| Total equity and liabilities | 10/49 | €782,238 | €962,323 | +€180,084 | +23.0% |
| Equity | 10/15 | €318,273 | €415,887 | +€97,613 | +30.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €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% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €297,813 | €395,427 | +€97,613 | +32.8% |
| Amounts payable | 17/49 | €463,965 | €546,436 | +€82,471 | +17.8% |
| Amounts payable within one year | 42/48 | €463,965 | €546,436 | +€82,471 | +17.8% |
| Trade debts | 44 | €193,444 | €258,344 | +€64,900 | +33.5% |
| Suppliers | 440/4 | €193,444 | €258,344 | +€64,900 | +33.5% |
| Advances received on contracts in progress | 46 | €16,730 | €4,574 | -€12,155 | -72.7% |
| Taxes, remuneration and social security | 45 | €53,943 | €74,571 | +€20,627 | +38.2% |
| Taxes | 450/3 | €53,943 | €66,829 | +€12,886 | +23.9% |
| Remuneration and social security | 454/9 | - | €7,742 | +€7,742 | |
| Other amounts payable | 47/48 | €199,848 | €208,947 | +€9,099 | +4.6% |
| Remuneration, social security and pensions | 62 | - | €17,466 | +€17,466 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,726 | €5,670 | -€55 | -1.0% |
| Other operating charges | 640/8 | €10,826 | €8,951 | -€1,874 | -17.3% |
| Gross operating margin | 9900 | €168,803 | €160,667 | -€8,136 | -4.8% |
| Operating profit (loss) | 9901 | €152,252 | €128,579 | -€23,673 | -15.5% |
| Financial income | 75/76B | €780 | €657 | -€123 | -15.7% |
| Recurring financial income | 75 | €780 | €657 | -€123 | -15.7% |
| Financial charges | 65/66B | €2,556 | €2,413 | -€142 | -5.6% |
| Recurring financial charges | 65 | €2,556 | €2,413 | -€142 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €150,477 | €126,823 | -€23,654 | -15.7% |
| Income taxes | 67/77 | €37,619 | €29,210 | -€8,410 | -22.4% |
| Profit (loss) for the period | 9904 | €112,857 | €97,613 | -€15,244 | -13.5% |
| Profit (loss) for the period to be appropriated | 9905 | €112,857 | €97,613 | -€15,244 | -13.5% |
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 17 October 2026 via checked.be.