HAPPY TRUCKS: 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 TRUCKS
Largest movements
- Stocks and contracts -€43,303
down €43,303 (-66.4%), from €65,203 to €21,900
- Cash +€30,385
up €30,385 (+2,079%), from €1,461 to €31,846
- Receivables within one year +€27,851
up €27,851 (+31.2%), from €89,322 to €117,173
of which Trade receivables: +€39,738
- Other debts +€12,612
up €12,612 (+69.4%), from €18,182 to €30,794
- Advances received -€10,500
no longer reported in 2025 (was €10,500)
- Profit (loss) carried forward +€7,733
up €7,733 (+7.7%), from €100,540 to €108,273
- Trade debts +€5,790
up €5,790 (+40.4%), from €14,339 to €20,129
- Gross operating margin -€33,055
down €33,055 (-99.1%), from €33,364 to €309
- Taxes -€3,393
down €3,393 (-77.7%), from €4,364 to €971
- Financial income +€2,216
up €2,216 (+248%), from €895 to €3,112
- Other operating charges -€640
down €640 (-86.5%), from €740 to €100
- Financial charges -€529
down €529 (-51.5%), from €1,027 to €498
From the 2023 result to the 2025 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 | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €155,986 | €170,919 | +€14,933 | +9.6% |
| Current assets | 29/58 | €155,986 | €170,919 | +€14,933 | +9.6% |
| Stocks and contracts in progress | 3 | €65,203 | €21,900 | -€43,303 | -66.4% |
| Stocks | 30/36 | €65,203 | €21,900 | -€43,303 | -66.4% |
| Amounts receivable within one year | 40/41 | €89,322 | €117,173 | +€27,851 | +31.2% |
| Trade receivables | 40 | €77,377 | €117,115 | +€39,738 | +51.4% |
| Other amounts receivable | 41 | €11,945 | €57 | -€11,888 | -99.5% |
| Cash at bank and in hand | 54/58 | €1,461 | €31,846 | +€30,385 | +2,079% |
| Total equity and liabilities | 10/49 | €155,986 | €170,919 | +€14,933 | +9.6% |
| Equity | 10/15 | €108,600 | €116,333 | +€7,733 | +7.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,540 | €108,273 | +€7,733 | +7.7% |
| Amounts payable | 17/49 | €47,386 | €54,586 | +€7,200 | +15.2% |
| Amounts payable within one year | 42/48 | €47,386 | €54,586 | +€7,200 | +15.2% |
| Trade debts | 44 | €14,339 | €20,129 | +€5,790 | +40.4% |
| Suppliers | 440/4 | €14,339 | €20,129 | +€5,790 | +40.4% |
| Advances received on contracts in progress | 46 | €10,500 | - | -€10,500 | |
| Taxes, remuneration and social security | 45 | €4,364 | €3,663 | -€702 | -16.1% |
| Taxes | 450/3 | €4,364 | €3,663 | -€702 | -16.1% |
| Other amounts payable | 47/48 | €18,182 | €30,794 | +€12,612 | +69.4% |
| Other operating charges | 640/8 | €740 | €100 | -€640 | -86.5% |
| Gross operating margin | 9900 | €33,364 | €309 | -€33,055 | -99.1% |
| Operating profit (loss) | 9901 | €32,624 | €209 | -€32,415 | -99.4% |
| Financial income | 75/76B | €895 | €3,112 | +€2,216 | +248% |
| Recurring financial income | 75 | €895 | €3,112 | +€2,216 | +248% |
| Financial charges | 65/66B | €1,027 | €498 | -€529 | -51.5% |
| Recurring financial charges | 65 | €1,027 | €498 | -€529 | -51.5% |
| Profit (loss) for the period before taxes | 9903 | €32,492 | €2,822 | -€29,670 | -91.3% |
| Income taxes | 67/77 | €4,364 | €971 | -€3,393 | -77.7% |
| Profit (loss) for the period | 9904 | €28,128 | €1,851 | -€26,277 | -93.4% |
| Profit (loss) for the period to be appropriated | 9905 | €28,128 | €1,851 | -€26,277 | -93.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.