HHDO: 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.
HHDO
Largest movements
- Receivables within one year +€12,260
up €12,260 (+75.9%), from €16,162 to €28,422
- Cash +€5,965
up €5,965 (+357.2%), from €1,670 to €7,635
mainly Trade debts (+€15,702) and Stocks and contracts (+€2,066)
- Tangible fixed assets -€2,398
down €2,398 (-56.0%), from €4,282 to €1,884
of which Land and buildings: -€1,884
- Stocks and contracts -€2,066
down €2,066 (-11.5%), from €17,985 to €15,919
- Trade debts +€15,702
up €15,702 (+112.0%), from €14,023 to €29,725
- Other debts -€1,587
down €1,587 (-70.3%), from €2,256 to €670
- Tax, wage and social debts -€1,341
down €1,341 (-6.0%), from €22,484 to €21,143
of which Taxes: -€1,341
- Profit (loss) carried forward +€1,154
up €1,154 (+9.2%), from -€12,544 to -€11,390
- Gross operating margin -€12,060
down €12,060 (-59.4%), from €20,313 to €8,253
- Other operating charges +€738
up €738 (+35.3%), from €2,093 to €2,831
- Taxes +€664
up €664 (+83.5%), from €795 to €1,459
- Depreciation -€480
down €480 (-20.3%), from €2,364 to €1,884
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 | €44,974 | €58,748 | +€13,774 | +30.6% |
| Fixed assets | 21/28 | €6,157 | €3,772 | -€2,385 | -38.7% |
| Tangible fixed assets | 22/27 | €4,282 | €1,884 | -€2,398 | -56.0% |
| Land and buildings | 22 | €3,768 | €1,884 | -€1,884 | -50.0% |
| Other tangible fixed assets | 26 | €514 | - | -€514 | |
| Financial fixed assets | 28 | €1,875 | €1,888 | +€13 | +0.7% |
| Current assets | 29/58 | €38,817 | €54,976 | +€16,159 | +41.6% |
| Amounts receivable after more than one year | 29 | €3,000 | €3,000 | = | 0.0% |
| Other amounts receivable | 291 | €3,000 | €3,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €17,985 | €15,919 | -€2,066 | -11.5% |
| Stocks | 30/36 | €17,985 | €15,919 | -€2,066 | -11.5% |
| Amounts receivable within one year | 40/41 | €16,162 | €28,422 | +€12,260 | +75.9% |
| Trade receivables | 40 | €16,162 | €28,422 | +€12,260 | +75.9% |
| Cash at bank and in hand | 54/58 | €1,670 | €7,635 | +€5,965 | +357.2% |
| Total equity and liabilities | 10/49 | €44,974 | €58,748 | +€13,774 | +30.6% |
| Equity | 10/15 | €6,056 | €7,210 | +€1,154 | +19.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,544 | -€11,390 | +€1,154 | +9.2% |
| Amounts payable | 17/49 | €38,918 | €51,538 | +€12,620 | +32.4% |
| Amounts payable within one year | 42/48 | €38,918 | €51,538 | +€12,620 | +32.4% |
| Financial debts | 43 | €155 | - | -€155 | |
| Credit institutions | 430/8 | €155 | - | -€155 | |
| Trade debts | 44 | €14,023 | €29,725 | +€15,702 | +112.0% |
| Suppliers | 440/4 | €14,023 | €29,725 | +€15,702 | +112.0% |
| Taxes, remuneration and social security | 45 | €22,484 | €21,143 | -€1,341 | -6.0% |
| Taxes | 450/3 | €4,484 | €3,143 | -€1,341 | -29.9% |
| Remuneration and social security | 454/9 | €18,000 | €18,000 | = | 0.0% |
| Other amounts payable | 47/48 | €2,256 | €670 | -€1,587 | -70.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,364 | €1,884 | -€480 | -20.3% |
| Other operating charges | 640/8 | €2,093 | €2,831 | +€738 | +35.3% |
| Non-recurring operating charges | 66A | - | €534 | +€534 | |
| Gross operating margin | 9900 | €20,313 | €8,253 | -€12,060 | -59.4% |
| Operating profit (loss) | 9901 | €15,856 | €3,004 | -€12,852 | -81.1% |
| Financial charges | 65/66B | €451 | €391 | -€60 | -13.2% |
| Recurring financial charges | 65 | €451 | €391 | -€60 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €15,405 | €2,612 | -€12,793 | -83.0% |
| Income taxes | 67/77 | €795 | €1,459 | +€664 | +83.5% |
| Profit (loss) for the period | 9904 | €14,610 | €1,153 | -€13,457 | -92.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,610 | €1,153 | -€13,457 | -92.1% |
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 7 October 2026 via checked.be.