HAPRO: 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.
HAPRO
Largest movements
- Current assets +€12,504
up €12,504 (+17.8%), from €70,135 to €82,638
of which Cash: +€21,945
- Tangible fixed assets -€2,376
down €2,376 (-41.5%), from €5,727 to €3,350
- Equity +€19,686
up €19,686 (+43.2%), from €45,554 to €65,240
of which Profit (loss) carried forward: +€19,686
- Debts within one year -€9,559
down €9,559 (-36.0%), from €26,583 to €17,024
of which Trade debts: -€4,989
- Turnover +€621,519
new in 2021: €621,519
- Purchases and services +€582,836
new in 2021: €582,836
- Staff costs +€15,096
new in 2021: €15,096
From the 2020 result to the 2021 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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,911 | €86,038 | +€10,127 | +13.3% |
| Fixed assets | 21/28 | €5,776 | €3,400 | -€2,376 | -41.1% |
| Tangible fixed assets | 22/27 | €5,727 | €3,350 | -€2,376 | -41.5% |
| Plant, machinery and equipment | 23 | - | €2,246 | +€2,246 | |
| Other tangible fixed assets | 26 | - | €1,104 | +€1,104 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €70,135 | €82,638 | +€12,504 | +17.8% |
| Stocks and contracts in progress | 3 | €9,424 | €3,770 | -€5,654 | -60.0% |
| Stocks | 30/36 | - | €3,770 | +€3,770 | |
| Amounts receivable within one year | 40/41 | €36,611 | €34,450 | -€2,161 | -5.9% |
| Trade receivables | 40 | - | €63 | +€63 | |
| Other amounts receivable | 41 | - | €34,387 | +€34,387 | |
| Cash at bank and in hand | 54/58 | €22,473 | €44,418 | +€21,945 | +97.6% |
| Total equity and liabilities | 10/49 | €75,911 | €86,038 | +€10,127 | +13.3% |
| Equity | 10/15 | €45,554 | €65,240 | +€19,686 | +43.2% |
| Contributions | 10/11 | - | €18,592 | +€18,592 | |
| Reserves | 13 | €1,859 | €1,859 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,859 | +€1,859 | |
| Reserves not available under the articles | 1311 | - | €1,859 | +€1,859 | |
| Profit (loss) carried forward | 14 | €25,103 | €44,789 | +€19,686 | +78.4% |
| Amounts payable | 17/49 | €30,357 | €20,798 | -€9,559 | -31.5% |
| Amounts payable after more than one year | 17 | €3,774 | €3,774 | = | 0.0% |
| Financial debts | 170/4 | - | €3,774 | +€3,774 | |
| Amounts payable within one year | 42/48 | €26,583 | €17,024 | -€9,559 | -36.0% |
| Trade debts | 44 | €19,152 | €14,163 | -€4,989 | -26.0% |
| Suppliers | 440/4 | - | €14,163 | +€14,163 | |
| Taxes, remuneration and social security | 45 | - | €2,861 | +€2,861 | |
| Taxes | 450/3 | - | €624 | +€624 | |
| Remuneration and social security | 454/9 | - | €2,236 | +€2,236 | |
| Turnover | 70 | - | €621,519 | +€621,519 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €582,836 | +€582,836 | |
| Remuneration, social security and pensions | 62 | - | €15,096 | +€15,096 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,989 | €2,376 | -€5,613 | -70.3% |
| Other operating charges | 640/8 | - | €1,197 | +€1,197 | |
| Gross operating margin | 9900 | €42,716 | €38,683 | -€4,033 | -9.4% |
| Operating profit (loss) | 9901 | €9,584 | €20,013 | +€10,429 | +108.8% |
| Recurring financial income | 75 | €2,868 | - | -€2,868 | |
| Financial charges | 65/66B | - | €327 | +€327 | |
| Recurring financial charges | 65 | €6,378 | €327 | -€6,052 | -94.9% |
| Profit (loss) for the period before taxes | 9903 | €6,074 | €19,686 | +€13,612 | +224.1% |
| Income taxes | 67/77 | €1,312 | - | -€1,312 | |
| Profit (loss) for the period | 9904 | €4,762 | €19,686 | +€14,925 | +313.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,762 | €19,686 | +€14,925 | +313.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.