HF EXPRESS: 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.
HF EXPRESS
Largest movements
- Receivables within one year +€11,306
up €11,306 (+769.4%), from €1,469 to €12,775
- Cash +€2,690
new in 2024: €2,690
- Stocks and contracts +€1,451
new in 2024: €1,451
- Profit (loss) carried forward +€18,618
up €18,618, from -€6,835 to €11,783
- Other debts -€7,171
no longer reported in 2024 (was €7,171)
- Contributions +€3,000
new in 2024: €3,000
- Tax, wage and social debts +€999
up €999 (+88.1%), from €1,133 to €2,132
- Turnover +€334,825
up €334,825 (+481.3%), from €69,565 to €404,390
- Purchases and services +€291,843
up €291,843 (+388.5%), from €75,127 to €366,970
- Gross operating margin +€42,982
up €42,982, from -€5,562 to €37,421
- Staff costs +€16,829
new in 2024: €16,829
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 | €1,469 | €16,916 | +€15,446 | +1051.2% |
| Current assets | 29/58 | €1,469 | €16,916 | +€15,446 | +1051.2% |
| Stocks and contracts in progress | 3 | - | €1,451 | +€1,451 | |
| Stocks | 30/36 | - | €1,451 | +€1,451 | |
| Amounts receivable within one year | 40/41 | €1,469 | €12,775 | +€11,306 | +769.4% |
| Other amounts receivable | 41 | €1,469 | €12,775 | +€11,306 | +769.4% |
| Cash at bank and in hand | 54/58 | - | €2,690 | +€2,690 | |
| Total equity and liabilities | 10/49 | €1,469 | €16,916 | +€15,446 | +1051.2% |
| Equity | 10/15 | -€6,835 | €14,783 | +€21,618 | |
| Contributions | 10/11 | - | €3,000 | +€3,000 | |
| Profit (loss) carried forward | 14 | -€6,835 | €11,783 | +€18,618 | |
| Amounts payable | 17/49 | €8,304 | €2,132 | -€6,172 | -74.3% |
| Amounts payable within one year | 42/48 | €8,304 | €2,132 | -€6,172 | -74.3% |
| Taxes, remuneration and social security | 45 | €1,133 | €2,132 | +€999 | +88.1% |
| Taxes | 450/3 | €1,133 | €2,132 | +€999 | +88.1% |
| Other amounts payable | 47/48 | €7,171 | - | -€7,171 | |
| Turnover | 70 | €69,565 | €404,390 | +€334,825 | +481.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €75,127 | €366,970 | +€291,843 | +388.5% |
| Remuneration, social security and pensions | 62 | - | €16,829 | +€16,829 | |
| Other operating charges | 640/8 | €1,273 | €699 | -€573 | -45.1% |
| Gross operating margin | 9900 | -€5,562 | €37,421 | +€42,982 | |
| Operating profit (loss) | 9901 | -€6,835 | €19,893 | +€26,727 | |
| Financial income | 75/76B | - | €353 | +€353 | |
| Recurring financial income | 75 | - | €353 | +€353 | |
| Financial charges | 65/66B | - | €2,851 | +€2,851 | |
| Recurring financial charges | 65 | - | €2,851 | +€2,851 | |
| Profit (loss) for the period before taxes | 9903 | -€6,835 | €17,395 | +€24,230 | |
| Income taxes | 67/77 | - | €2,132 | +€2,132 | |
| Profit (loss) for the period | 9904 | -€6,835 | €15,263 | +€22,098 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,835 | €15,263 | +€22,098 |
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 7 October 2026 via checked.be.