HD02: 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.
HD02
Largest movements
- Receivables within one year +€18,344
up €18,344 (+94.2%), from €19,482 to €37,826
of which Other amounts receivable: +€21,508
- Stocks and contracts +€9,237
new in 2024: €9,237
- Cash -€1,178
down €1,178 (-96.8%), from €1,218 to €39
- Tangible fixed assets -€802
down €802 (-94.3%), from €851 to €48
- Tax, wage and social debts +€25,430
up €25,430 (+770.5%), from €3,301 to €28,731
- Profit (loss) carried forward +€8,891
up €8,891 (+38.1%), from -€23,342 to -€14,451
- Trade debts -€8,721
down €8,721 (-64.1%), from €13,600 to €4,879
- Gross operating margin +€22,471
up €22,471, from -€6,269 to €16,202
- Financial charges +€3,193
up €3,193 (+10983.7%), from €29 to €3,222
- Other operating charges +€191
new in 2024: €191
From the 2022 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,550 | €47,151 | +€25,600 | +118.8% |
| Fixed assets | 21/28 | €851 | €48 | -€802 | -94.3% |
| Tangible fixed assets | 22/27 | €851 | €48 | -€802 | -94.3% |
| Plant, machinery and equipment | 23 | €851 | €48 | -€802 | -94.3% |
| Current assets | 29/58 | €20,700 | €47,102 | +€26,403 | +127.6% |
| Stocks and contracts in progress | 3 | - | €9,237 | +€9,237 | |
| Stocks | 30/36 | - | €9,237 | +€9,237 | |
| Amounts receivable within one year | 40/41 | €19,482 | €37,826 | +€18,344 | +94.2% |
| Trade receivables | 40 | €13,961 | €10,797 | -€3,164 | -22.7% |
| Other amounts receivable | 41 | €5,521 | €27,029 | +€21,508 | +389.6% |
| Cash at bank and in hand | 54/58 | €1,218 | €39 | -€1,178 | -96.8% |
| Total equity and liabilities | 10/49 | €21,550 | €47,151 | +€25,600 | +118.8% |
| Equity | 10/15 | -€20,342 | -€11,451 | +€8,891 | +43.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,342 | -€14,451 | +€8,891 | +38.1% |
| Amounts payable | 17/49 | €41,893 | €58,602 | +€16,710 | +39.9% |
| Amounts payable within one year | 42/48 | €41,893 | €58,602 | +€16,710 | +39.9% |
| Trade debts | 44 | €13,600 | €4,879 | -€8,721 | -64.1% |
| Suppliers | 440/4 | €13,600 | €4,879 | -€8,721 | -64.1% |
| Taxes, remuneration and social security | 45 | €3,301 | €28,731 | +€25,430 | +770.5% |
| Taxes | 450/3 | €3,301 | €28,731 | +€25,430 | +770.5% |
| Other amounts payable | 47/48 | €24,992 | €24,992 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €353 | €401 | +€48 | +13.7% |
| Other operating charges | 640/8 | - | €191 | +€191 | |
| Gross operating margin | 9900 | -€6,269 | €16,202 | +€22,471 | |
| Operating profit (loss) | 9901 | -€6,622 | €15,610 | +€22,232 | |
| Financial income | 75/76B | €151 | - | -€151 | |
| Recurring financial income | 75 | €151 | - | -€151 | |
| Financial charges | 65/66B | €29 | €3,222 | +€3,193 | +10983.7% |
| Recurring financial charges | 65 | €29 | €3,222 | +€3,193 | +10983.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,500 | €12,388 | +€18,888 | |
| Profit (loss) for the period | 9904 | -€6,500 | €12,388 | +€18,888 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,500 | €12,388 | +€18,888 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.