HAPPY LOBO: 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.
HAPPY LOBO
Largest movements
- Tangible fixed assets -€43,777
down €43,777 (-16.3%), from €268,949 to €225,172
- Intangible fixed assets -€7,800
no longer reported in 2022 (was €7,800)
- Stocks and contracts -€4,001
down €4,001 (-18.1%), from €22,048 to €18,047
- Debts after one year -€35,400
down €35,400 (-20.1%), from €176,310 to €140,910
- Profit (loss) carried forward -€13,274
down €13,274 (-22.5%), from -€58,925 to -€72,199
- Debts within one year -€6,937
down €6,937 (-4.0%), from €173,040 to €166,103
- Purchases and services +€83,949
new in 2022: €83,949
- Gross operating margin -€25,467
down €25,467 (-61.2%), from €41,620 to €16,153
- Other operating charges +€8,434
new in 2022: €8,434
- Financial charges +€6,664
new in 2022: €6,664
- Depreciation -€573
down €573 (-3.3%), from €17,431 to €16,858
From the 2019 result to the 2022 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2019 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €306,625 | €251,014 | -€55,611 | -18.1% |
| Fixed assets | 21/28 | €276,749 | €225,172 | -€51,577 | -18.6% |
| Intangible fixed assets | 21 | €7,800 | - | -€7,800 | |
| Tangible fixed assets | 22/27 | €268,949 | €225,172 | -€43,777 | -16.3% |
| Land and buildings | 22 | - | €223,256 | +€223,256 | |
| Plant, machinery and equipment | 23 | - | €1,916 | +€1,916 | |
| Current assets | 29/58 | €29,876 | €25,842 | -€4,034 | -13.5% |
| Stocks and contracts in progress | 3 | €22,048 | €18,047 | -€4,001 | -18.1% |
| Stocks | 30/36 | - | €18,047 | +€18,047 | |
| Amounts receivable within one year | 40/41 | - | €1,154 | +€1,154 | |
| Other amounts receivable | 41 | - | €1,154 | +€1,154 | |
| Cash at bank and in hand | 54/58 | €7,828 | €6,641 | -€1,187 | -15.2% |
| Total equity and liabilities | 10/49 | €306,625 | €251,014 | -€55,611 | -18.1% |
| Equity | 10/15 | -€42,725 | -€55,999 | -€13,274 | -31.1% |
| Contributions | 10/11 | €16,200 | €16,200 | = | 0.0% |
| Capital | 10 | - | €16,200 | +€16,200 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Uncalled capital | 101 | - | €2,400 | +€2,400 | |
| Profit (loss) carried forward | 14 | -€58,925 | -€72,199 | -€13,274 | -22.5% |
| Amounts payable | 17/49 | €349,350 | €307,013 | -€42,337 | -12.1% |
| Amounts payable after more than one year | 17 | €176,310 | €140,910 | -€35,400 | -20.1% |
| Financial debts | 170/4 | - | €140,910 | +€140,910 | |
| Amounts payable within one year | 42/48 | €173,040 | €166,103 | -€6,937 | -4.0% |
| Current portion of amounts payable after more than one year | 42 | - | €12,285 | +€12,285 | |
| Trade debts | 44 | €3,288 | €2,967 | -€321 | -9.8% |
| Suppliers | 440/4 | - | €2,967 | +€2,967 | |
| Taxes, remuneration and social security | 45 | - | €13,832 | +€13,832 | |
| Taxes | 450/3 | - | €4,832 | +€4,832 | |
| Remuneration and social security | 454/9 | - | €9,000 | +€9,000 | |
| Other amounts payable | 47/48 | - | €137,019 | +€137,019 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €83,949 | +€83,949 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,431 | €16,858 | -€573 | -3.3% |
| Other operating charges | 640/8 | - | €8,434 | +€8,434 | |
| Gross operating margin | 9900 | €41,620 | €16,153 | -€25,467 | -61.2% |
| Operating profit (loss) | 9901 | €15,802 | -€9,139 | -€24,941 | |
| Financial income | 75/76B | - | €150 | +€150 | |
| Recurring financial income | 75 | €10 | €150 | +€140 | +1,400% |
| Financial charges | 65/66B | - | €6,664 | +€6,664 | |
| Recurring financial charges | 65 | €8,001 | €6,664 | -€1,337 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €7,811 | -€15,653 | -€23,464 | |
| Profit (loss) for the period | 9904 | €7,811 | -€15,653 | -€23,464 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,811 | -€15,653 | -€23,464 |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.