Hassalex: 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.
Hassalex
Largest movements
- Cash +€9,356
up €9,356 (+109%), from €8,589 to €17,944
mainly Net result for the year (+€22,747) and Tax, wage and social debts (+€9,937)
- Tangible fixed assets -€6,150
down €6,150 (-7.3%), from €84,132 to €77,982
of which Land and buildings: -€6,533
- Receivables within one year +€4,728
up €4,728 (+31.9%), from €14,801 to €19,528
of which Trade receivables: +€5,054
- Deferred charges and accrued income -€2,111
no longer reported in 2023 (was €2,111)
- Profit (loss) carried forward +€22,747
up €22,747 (+43.3%), from €52,505 to €75,252
- Other debts -€14,484
down €14,484 (-74.1%), from €19,554 to €5,070
- Tax, wage and social debts +€9,937
up €9,937 (+69.7%), from €14,263 to €24,200
of which Taxes: +€12,357
- Trade debts -€9,759
down €9,759 (-85.6%), from €11,395 to €1,636
- Advances received -€2,620
no longer reported in 2023 (was €2,620)
- Gross operating margin +€14,103
up €14,103 (+45.9%), from €30,715 to €44,818
- Financial charges +€1,907
up €1,907 (+571%), from €334 to €2,241
- Taxes +€1,402
up €1,402 (+22.9%), from €6,109 to €7,511
- Financial income -€501
down €501 (-76.8%), from €652 to €151
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 | €109,633 | €115,454 | +€5,822 | +5.3% |
| Fixed assets | 21/28 | €84,132 | €77,982 | -€6,150 | -7.3% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €84,132 | €77,982 | -€6,150 | -7.3% |
| Land and buildings | 22 | €78,400 | €71,867 | -€6,533 | -8.3% |
| Plant, machinery and equipment | 23 | €184 | €0 | -€184 | -100% |
| Furniture and vehicles | 24 | €5,114 | €5,826 | +€712 | +13.9% |
| Other tangible fixed assets | 26 | €434 | €289 | -€145 | -33.3% |
| Current assets | 29/58 | €25,501 | €37,473 | +€11,972 | +46.9% |
| Amounts receivable within one year | 40/41 | €14,801 | €19,528 | +€4,728 | +31.9% |
| Trade receivables | 40 | €14,474 | €19,528 | +€5,054 | +34.9% |
| Other amounts receivable | 41 | €326 | - | -€326 | |
| Cash at bank and in hand | 54/58 | €8,589 | €17,944 | +€9,356 | +109% |
| Deferred charges and accrued income | 490/1 | €2,111 | - | -€2,111 | |
| Total equity and liabilities | 10/49 | €109,633 | €115,454 | +€5,822 | +5.3% |
| Equity | 10/15 | €61,801 | €84,548 | +€22,747 | +36.8% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €3,099 | €3,099 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,099 | €3,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,505 | €75,252 | +€22,747 | +43.3% |
| Amounts payable | 17/49 | €47,831 | €30,906 | -€16,925 | -35.4% |
| Amounts payable within one year | 42/48 | €47,831 | €30,906 | -€16,925 | -35.4% |
| Trade debts | 44 | €11,395 | €1,636 | -€9,759 | -85.6% |
| Suppliers | 440/4 | €11,395 | €1,636 | -€9,759 | -85.6% |
| Advances received on contracts in progress | 46 | €2,620 | - | -€2,620 | |
| Taxes, remuneration and social security | 45 | €14,263 | €24,200 | +€9,937 | +69.7% |
| Taxes | 450/3 | €11,843 | €24,200 | +€12,357 | +104% |
| Remuneration and social security | 454/9 | €2,419 | - | -€2,419 | |
| Other amounts payable | 47/48 | €19,554 | €5,070 | -€14,484 | -74.1% |
| Non-recurring operating income | 76A | €259 | €9,917 | +€9,658 | +3,730% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,856 | €7,852 | -€4 | -0.1% |
| Other operating charges | 640/8 | €4,276 | €4,618 | +€342 | +8.0% |
| Gross operating margin | 9900 | €30,715 | €44,818 | +€14,103 | +45.9% |
| Operating profit (loss) | 9901 | €18,583 | €32,348 | +€13,765 | +74.1% |
| Financial income | 75/76B | €652 | €151 | -€501 | -76.8% |
| Recurring financial income | 75 | €652 | €151 | -€501 | -76.8% |
| Financial charges | 65/66B | €334 | €2,241 | +€1,907 | +571% |
| Recurring financial charges | 65 | €334 | €2,241 | +€1,907 | +571% |
| Profit (loss) for the period before taxes | 9903 | €18,902 | €30,258 | +€11,357 | +60.1% |
| Income taxes | 67/77 | €6,109 | €7,511 | +€1,402 | +22.9% |
| Profit (loss) for the period | 9904 | €12,792 | €22,747 | +€9,955 | +77.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,792 | €22,747 | +€9,955 | +77.8% |
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 23 October 2026 via checked.be.