HAPY: what changed
Two fiscal 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.
HAPY
Largest movements
- Cash -€4,388
down €4,388 (-48.6%), from €9,031 to €4,643
mainly Trade debts (-€4,891) and Net result for the year (-€2,200)
- Tangible fixed assets -€2,049
down €2,049 (-32.3%), from €6,353 to €4,304
of which Land and buildings: -€1,294
- Deferred charges and accrued income -€1,748
down €1,748 (-87.5%), from €1,997 to €249
- Receivables within one year +€393
new in 2024: €393
- Stocks and contracts -€365
down €365 (-8.3%), from €4,376 to €4,011
- Trade debts -€4,891
down €4,891 (-15.2%), from €32,115 to €27,224
- Profit (loss) carried forward -€2,200
down €2,200 (-5.8%), from -€38,222 to -€40,422
- Other debts -€1,012
no longer reported in 2024 (was €1,012)
- Staff costs +€6,529
up €6,529 (+9.5%), from €69,013 to €75,542
- Gross operating margin +€5,228
up €5,228 (+6.9%), from €75,706 to €80,934
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.
Cash bridge derived
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 | €23,556 | €15,399 | -€8,157 | -34.6% |
| Fixed assets | 21/28 | €8,152 | €6,103 | -€2,049 | -25.1% |
| Tangible fixed assets | 22/27 | €6,353 | €4,304 | -€2,049 | -32.3% |
| Land and buildings | 22 | €3,694 | €2,400 | -€1,294 | -35.0% |
| Plant, machinery and equipment | 23 | €2,659 | €1,904 | -€755 | -28.4% |
| Financial fixed assets | 28 | €1,799 | €1,799 | = | 0.0% |
| Current assets | 29/58 | €15,404 | €9,296 | -€6,108 | -39.7% |
| Stocks and contracts in progress | 3 | €4,376 | €4,011 | -€365 | -8.3% |
| Stocks | 30/36 | €4,376 | €4,011 | -€365 | -8.3% |
| Amounts receivable within one year | 40/41 | - | €393 | +€393 | |
| Other amounts receivable | 41 | - | €393 | +€393 | |
| Cash at bank and in hand | 54/58 | €9,031 | €4,643 | -€4,388 | -48.6% |
| Deferred charges and accrued income | 490/1 | €1,997 | €249 | -€1,748 | -87.5% |
| Total equity and liabilities | 10/49 | €23,556 | €15,399 | -€8,157 | -34.6% |
| Equity | 10/15 | -€17,771 | -€19,971 | -€2,200 | -12.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | - | -€18,592 | |
| Issued capital | 100 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | - | €1,859 | +€1,859 | |
| Profit (loss) carried forward | 14 | -€38,222 | -€40,422 | -€2,200 | -5.8% |
| Amounts payable | 17/49 | €41,327 | €35,370 | -€5,957 | -14.4% |
| Amounts payable within one year | 42/48 | €41,327 | €35,370 | -€5,957 | -14.4% |
| Trade debts | 44 | €32,115 | €27,224 | -€4,891 | -15.2% |
| Suppliers | 440/4 | €32,115 | €27,224 | -€4,891 | -15.2% |
| Taxes, remuneration and social security | 45 | €8,200 | €8,146 | -€54 | -0.7% |
| Taxes | 450/3 | €4,372 | €5,153 | +€781 | +17.9% |
| Remuneration and social security | 454/9 | €3,828 | €2,993 | -€835 | -21.8% |
| Other amounts payable | 47/48 | €1,012 | - | -€1,012 | |
| Remuneration, social security and pensions | 62 | €69,013 | €75,542 | +€6,529 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,357 | €2,050 | +€693 | +51.1% |
| Other operating charges | 640/8 | €476 | €371 | -€105 | -22.1% |
| Non-recurring operating charges | 66A | €3,813 | €2,880 | -€933 | -24.5% |
| Gross operating margin | 9900 | €75,706 | €80,934 | +€5,228 | +6.9% |
| Operating profit (loss) | 9901 | €1,047 | €91 | -€956 | -91.3% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,909 | €2,292 | -€617 | -21.2% |
| Recurring financial charges | 65 | €2,909 | €2,292 | -€617 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,862 | -€2,200 | -€338 | -18.2% |
| Profit (loss) for the period | 9904 | -€1,862 | -€2,200 | -€338 | -18.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,862 | -€2,200 | -€338 | -18.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.