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HDRDENT: 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.

What changed

HDRDENT

BE 0715.978.576
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€93,417
2023 · €113,216-€19,798
Equity
€248,094
2023 · €154,676+€93,417
Cash
€157,504
2023 · €186,836-€29,332
Balance sheet total
€256,905
2023 · €265,442-€8,538

Largest movements

2023 to 2024
Assets
  • Cash -€29,332

    down €29,332 (-15.7%), from €186,836 to €157,504

    mainly Other debts (-€80,674) and Tax, wage and social debts (-€20,948)

  • Current investments +€19,530

    up €19,530 (+25.2%), from €77,589 to €97,119

Equity and liabilities
  • Profit (loss) carried forward +€93,417

    up €93,417 (+69.6%), from €134,216 to €227,634

  • Other debts -€80,674

    down €80,674 (-99.2%), from €81,350 to €677

  • Tax, wage and social debts -€20,948

    down €20,948 (-73.0%), from €28,684 to €7,736

    of which Taxes: -€23,460

Income statement
  • Gross operating margin -€19,867

    down €19,867 (-14.1%), from €141,086 to €121,220

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €113,216
Gross operating margin -€19,867
Depreciation -€580
Other operating charges +€208
Financial charges -€39
Taxes +€480
Result 2024 €93,417

Cash bridge derived

cash 2023 to 2024

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.

From operations -€7,054
Investment -€22,278
Financing €0
Cash 2023 €186,836
Net result for the year +€93,417
Depreciation +€1,300
Receivables within one year -€522
Deferred charges and accrued income +€706
Trade debts -€334
Tax, wage and social debts -€20,948
Other debts -€80,674
Investment in fixed assets (net) -€2,748
Current investments -€19,530
Cash 2024 €157,504
Every line side by side 35 lines
Line Code 2023 2024 Change %
Total assets 20/58 €265,442 €256,905 -€8,538 -3.2%
Fixed assets 21/28 €312 €1,760 +€1,448 +464.3%
Tangible fixed assets 22/27 €312 €1,760 +€1,448 +464.3%
Plant, machinery and equipment 23 €312 - -€312
Furniture and vehicles 24 - €1,760 +€1,760
Current assets 29/58 €265,131 €255,145 -€9,986 -3.8%
Amounts receivable within one year 40/41 - €522 +€522
Other amounts receivable 41 - €522 +€522
Current investments 50/53 €77,589 €97,119 +€19,530 +25.2%
Cash at bank and in hand 54/58 €186,836 €157,504 -€29,332 -15.7%
Deferred charges and accrued income 490/1 €706 - -€706
Total equity and liabilities 10/49 €265,442 €256,905 -€8,538 -3.2%
Equity 10/15 €154,676 €248,094 +€93,417 +60.4%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €1,860 €1,860 = 0.0%
Distributable reserves 133 €1,860 €1,860 = 0.0%
Profit (loss) carried forward 14 €134,216 €227,634 +€93,417 +69.6%
Amounts payable 17/49 €110,766 €8,811 -€101,955 -92.0%
Amounts payable within one year 42/48 €110,766 €8,811 -€101,955 -92.0%
Trade debts 44 €732 €398 -€334 -45.7%
Suppliers 440/4 €732 €398 -€334 -45.7%
Taxes, remuneration and social security 45 €28,684 €7,736 -€20,948 -73.0%
Taxes 450/3 €27,434 €3,974 -€23,460 -85.5%
Remuneration and social security 454/9 €1,250 €3,762 +€2,512 +201.0%
Other amounts payable 47/48 €81,350 €677 -€80,674 -99.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €720 €1,300 +€580 +80.6%
Other operating charges 640/8 €713 €505 -€208 -29.2%
Gross operating margin 9900 €141,086 €121,220 -€19,867 -14.1%
Operating profit (loss) 9901 €139,653 €119,414 -€20,239 -14.5%
Financial charges 65/66B €479 €519 +€39 +8.2%
Recurring financial charges 65 €479 €519 +€39 +8.2%
Profit (loss) for the period before taxes 9903 €139,174 €118,896 -€20,278 -14.6%
Income taxes 67/77 €25,958 €25,478 -€480 -1.8%
Profit (loss) for the period 9904 €113,216 €93,417 -€19,798 -17.5%
Profit (loss) for the period to be appropriated 9905 €113,216 €93,417 -€19,798 -17.5%

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 29 September 2026 via checked.be.