Hangar 51: 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 51
Largest movements
- Receivables within one year +€2,214
up €2,214 (+669%), from €331 to €2,545
of which Trade receivables: +€2,200
- Tangible fixed assets +€1,670
new in 2023: €1,670
of which Other tangible fixed assets: +€1,105
- Cash -€753
down €753 (-61.1%), from €1,233 to €480
mainly Other debts (-€5,023) and Receivables within one year (-€2,214)
- Deferred charges and accrued income +€710
up €710 (+429%), from €166 to €876
- Profit (loss) carried forward +€6,222
up €6,222, from -€4,703 to €1,519
- Other debts -€5,023
down €5,023 (-98.8%), from €5,082 to €59
- Tax, wage and social debts +€1,970
new in 2023: €1,970
of which Remuneration and social security: +€1,100
- Trade debts +€673
up €673 (+192%), from €351 to €1,024
- Gross operating margin +€12,443
up €12,443, from -€4,329 to €8,115
- Taxes +€665
new in 2023: €665
- Staff costs +€393
new in 2023: €393
- Depreciation +€322
new in 2023: €322
- Financial charges +€204
up €204 (+880%), from €23 to €228
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,730 | €5,571 | +€3,841 | +222% |
| Fixed assets | 21/28 | - | €1,670 | +€1,670 | |
| Tangible fixed assets | 22/27 | - | €1,670 | +€1,670 | |
| Furniture and vehicles | 24 | - | €565 | +€565 | |
| Other tangible fixed assets | 26 | - | €1,105 | +€1,105 | |
| Current assets | 29/58 | €1,730 | €3,901 | +€2,171 | +126% |
| Amounts receivable within one year | 40/41 | €331 | €2,545 | +€2,214 | +669% |
| Trade receivables | 40 | - | €2,200 | +€2,200 | |
| Other amounts receivable | 41 | €331 | €345 | +€14 | +4.3% |
| Cash at bank and in hand | 54/58 | €1,233 | €480 | -€753 | -61.1% |
| Deferred charges and accrued income | 490/1 | €166 | €876 | +€710 | +429% |
| Total equity and liabilities | 10/49 | €1,730 | €5,571 | +€3,841 | +222% |
| Equity | 10/15 | -€3,703 | €2,519 | +€6,222 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,703 | €1,519 | +€6,222 | |
| Amounts payable | 17/49 | €5,433 | €3,052 | -€2,380 | -43.8% |
| Amounts payable within one year | 42/48 | €5,433 | €3,052 | -€2,380 | -43.8% |
| Trade debts | 44 | €351 | €1,024 | +€673 | +192% |
| Suppliers | 440/4 | €351 | €1,024 | +€673 | +192% |
| Taxes, remuneration and social security | 45 | - | €1,970 | +€1,970 | |
| Taxes | 450/3 | - | €870 | +€870 | |
| Remuneration and social security | 454/9 | - | €1,100 | +€1,100 | |
| Other amounts payable | 47/48 | €5,082 | €59 | -€5,023 | -98.8% |
| Remuneration, social security and pensions | 62 | - | €393 | +€393 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €322 | +€322 | |
| Other operating charges | 640/8 | €351 | €384 | +€33 | +9.4% |
| Gross operating margin | 9900 | -€4,329 | €8,115 | +€12,443 | |
| Operating profit (loss) | 9901 | -€4,680 | €7,015 | +€11,695 | |
| Financial income | 75/76B | - | €100 | +€100 | |
| Recurring financial income | 75 | - | €100 | +€100 | |
| Financial charges | 65/66B | €23 | €228 | +€204 | +880% |
| Recurring financial charges | 65 | €23 | €228 | +€204 | +880% |
| Profit (loss) for the period before taxes | 9903 | -€4,703 | €6,887 | +€11,590 | |
| Income taxes | 67/77 | - | €665 | +€665 | |
| Profit (loss) for the period | 9904 | -€4,703 | €6,222 | +€10,925 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,703 | €6,222 | +€10,925 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.