HBL COUNCIL: what changed
HBL COUNCIL
Largest movements
- Receivables within one year -€20,733
no longer reported in 2024 (was €20,733)
of which Trade receivables: -€20,257
- Cash -€16,909
down €16,909 (-62.9%), from €26,869 to €9,960
mainly Other debts (-€14,000) and Trade debts (-€7,984)
- Other debts -€14,000
down €14,000 (-70.0%), from €20,000 to €6,000
- Profit (loss) carried forward -€9,015
down €9,015 (-83.3%), from €10,823 to €1,808
- Trade debts -€7,984
no longer reported in 2024 (was €7,984)
- Tax, wage and social debts -€7,107
down €7,107 (-73.4%), from €9,686 to €2,580
- Purchases and services -€44,754
down €44,754 (-89.2%), from €50,190 to €5,436
- Gross operating margin -€11,775
down €11,775, from €9,869 to -€1,906
- Taxes -€2,594
down €2,594, from €2,580 to -€14
- Other operating charges +€613
new in 2024: €613
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,494 | €10,389 | -€38,105 | -78.6% |
| Fixed assets | 21/28 | €892 | €429 | -€463 | -51.9% |
| Tangible fixed assets | 22/27 | €892 | €429 | -€463 | -51.9% |
| Furniture and vehicles | 24 | €892 | €429 | -€463 | -51.9% |
| Current assets | 29/58 | €47,602 | €9,960 | -€37,642 | -79.1% |
| Amounts receivable within one year | 40/41 | €20,733 | - | -€20,733 | |
| Trade receivables | 40 | €20,257 | - | -€20,257 | |
| Other amounts receivable | 41 | €476 | - | -€476 | |
| Cash at bank and in hand | 54/58 | €26,869 | €9,960 | -€16,909 | -62.9% |
| Total equity and liabilities | 10/49 | €48,494 | €10,389 | -€38,105 | -78.6% |
| Equity | 10/15 | €10,824 | €1,809 | -€9,015 | -83.3% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,823 | €1,808 | -€9,015 | -83.3% |
| Amounts payable | 17/49 | €37,670 | €8,580 | -€29,091 | -77.2% |
| Amounts payable within one year | 42/48 | €37,670 | €8,580 | -€29,091 | -77.2% |
| Trade debts | 44 | €7,984 | - | -€7,984 | |
| Suppliers | 440/4 | €7,984 | - | -€7,984 | |
| Taxes, remuneration and social security | 45 | €9,686 | €2,580 | -€7,107 | -73.4% |
| Taxes | 450/3 | €9,686 | €2,580 | -€7,107 | -73.4% |
| Other amounts payable | 47/48 | €20,000 | €6,000 | -€14,000 | -70.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €50,190 | €5,436 | -€44,754 | -89.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €463 | €463 | = | 0.0% |
| Other operating charges | 640/8 | - | €613 | +€613 | |
| Gross operating margin | 9900 | €9,869 | -€1,906 | -€11,775 | |
| Operating profit (loss) | 9901 | €9,406 | -€2,983 | -€12,388 | |
| Financial charges | 65/66B | €31 | €46 | +€15 | +50.0% |
| Recurring financial charges | 65 | €31 | €46 | +€15 | +50.0% |
| Profit (loss) for the period before taxes | 9903 | €9,375 | -€3,029 | -€12,404 | |
| Income taxes | 67/77 | €2,580 | -€14 | -€2,594 | |
| Profit (loss) for the period | 9904 | €6,795 | -€3,015 | -€9,810 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,795 | -€3,015 | -€9,810 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.