HAYTHEM: 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.
HAYTHEM
Largest movements
- Intangible fixed assets -€4,000
down €4,000 (-25.0%), from €16,000 to €12,000
- Stocks and contracts +€2,950
up €2,950 (+45.6%), from €6,469 to €9,419
- Cash -€1,278
down €1,278 (-20.5%), from €6,246 to €4,968
mainly Stocks and contracts (-€2,950) and Tax, wage and social debts (-€2,650)
- Receivables within one year -€899
down €899 (-86.1%), from €1,045 to €146
of which Other amounts receivable: -€896
- Deferred charges and accrued income -€391
no longer reported in 2024 (was €391)
- Tax, wage and social debts -€2,650
down €2,650 (-50.0%), from €5,300 to €2,650
- Other debts -€987
down €987 (-4.4%), from €22,504 to €21,518
- Turnover +€90,197
new in 2024: €90,197
- Purchases and services +€85,158
new in 2024: €85,158
- Other operating charges -€1,423
down €1,423 (-64.7%), from €2,200 to €777
- Gross operating margin -€1,216
down €1,216 (-19.4%), from €6,255 to €5,040
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 | €30,151 | €26,532 | -€3,619 | -12.0% |
| Fixed assets | 21/28 | €16,000 | €12,000 | -€4,000 | -25.0% |
| Intangible fixed assets | 21 | €16,000 | €12,000 | -€4,000 | -25.0% |
| Current assets | 29/58 | €14,151 | €14,532 | +€381 | +2.7% |
| Stocks and contracts in progress | 3 | €6,469 | €9,419 | +€2,950 | +45.6% |
| Stocks | 30/36 | €6,469 | €9,419 | +€2,950 | +45.6% |
| Amounts receivable within one year | 40/41 | €1,045 | €146 | -€899 | -86.1% |
| Trade receivables | 40 | €4 | - | -€4 | |
| Other amounts receivable | 41 | €1,041 | €146 | -€896 | -86.0% |
| Cash at bank and in hand | 54/58 | €6,246 | €4,968 | -€1,278 | -20.5% |
| Deferred charges and accrued income | 490/1 | €391 | - | -€391 | |
| Total equity and liabilities | 10/49 | €30,151 | €26,532 | -€3,619 | -12.0% |
| Equity | 10/15 | -€3,098 | -€3,009 | +€89 | +2.9% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,098 | -€18,009 | +€89 | +0.5% |
| Amounts payable | 17/49 | €33,250 | €29,542 | -€3,708 | -11.2% |
| Amounts payable within one year | 42/48 | €33,250 | €29,542 | -€3,708 | -11.2% |
| Trade debts | 44 | €5,445 | €5,374 | -€71 | -1.3% |
| Suppliers | 440/4 | €5,445 | €5,374 | -€71 | -1.3% |
| Taxes, remuneration and social security | 45 | €5,300 | €2,650 | -€2,650 | -50.0% |
| Remuneration and social security | 454/9 | €5,300 | €2,650 | -€2,650 | -50.0% |
| Other amounts payable | 47/48 | €22,504 | €21,518 | -€987 | -4.4% |
| Turnover | 70 | - | €90,197 | +€90,197 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €85,158 | +€85,158 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,000 | €4,000 | = | 0.0% |
| Other operating charges | 640/8 | €2,200 | €777 | -€1,423 | -64.7% |
| Gross operating margin | 9900 | €6,255 | €5,040 | -€1,216 | -19.4% |
| Operating profit (loss) | 9901 | €55 | €262 | +€207 | +375.7% |
| Financial charges | 65/66B | €210 | €173 | -€37 | -17.4% |
| Recurring financial charges | 65 | €210 | €173 | -€37 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | -€155 | €89 | +€244 | |
| Profit (loss) for the period | 9904 | -€155 | €89 | +€244 | |
| Profit (loss) for the period to be appropriated | 9905 | -€155 | €89 | +€244 |
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.