HHTRUCKS: 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.
HHTRUCKS
Largest movements
- Receivables within one year +€108,671
up €108,671 (+56.5%), from €192,372 to €301,043
of which Trade receivables: +€100,381
- Cash -€15,802
down €15,802 (-89.7%), from €17,624 to €1,823
mainly Receivables within one year (-€108,671) and Advances received (-€13,802)
- Tangible fixed assets -€10,296
down €10,296 (-44.5%), from €23,150 to €12,854
of which Plant, machinery and equipment: -€7,790
- Profit (loss) carried forward +€70,033
up €70,033 (+76.7%), from €91,321 to €161,353
- Short-term financial debts +€35,166
new in 2024: €35,166
- Debts after one year +€15,100
up €15,100 (+51.8%), from €29,166 to €44,266
- Advances received -€13,802
no longer reported in 2024 (was €13,802)
- Tax, wage and social debts -€10,354
down €10,354 (-46.2%), from €22,391 to €12,037
of which Remuneration and social security: -€9,167
- Gross operating margin +€87,643
up €87,643 (+42.8%), from €204,924 to €292,566
- Staff costs +€29,185
up €29,185 (+18.0%), from €162,513 to €191,698
- Taxes +€10,872
new in 2024: €10,872
- Financial charges +€3,475
up €3,475 (+116.3%), from €2,988 to €6,463
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 | €233,147 | €315,720 | +€82,573 | +35.4% |
| Fixed assets | 21/28 | €23,150 | €12,854 | -€10,296 | -44.5% |
| Tangible fixed assets | 22/27 | €23,150 | €12,854 | -€10,296 | -44.5% |
| Plant, machinery and equipment | 23 | €18,457 | €10,667 | -€7,790 | -42.2% |
| Furniture and vehicles | 24 | €3,673 | €1,507 | -€2,167 | -59.0% |
| Other tangible fixed assets | 26 | €1,020 | €680 | -€340 | -33.3% |
| Current assets | 29/58 | €209,997 | €302,866 | +€92,869 | +44.2% |
| Amounts receivable within one year | 40/41 | €192,372 | €301,043 | +€108,671 | +56.5% |
| Trade receivables | 40 | €192,372 | €292,754 | +€100,381 | +52.2% |
| Other amounts receivable | 41 | - | €8,289 | +€8,289 | |
| Cash at bank and in hand | 54/58 | €17,624 | €1,823 | -€15,802 | -89.7% |
| Total equity and liabilities | 10/49 | €233,147 | €315,720 | +€82,573 | +35.4% |
| Equity | 10/15 | €118,084 | €188,117 | +€70,033 | +59.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Capital | 10 | €25,000 | - | -€25,000 | |
| Issued capital | 100 | €25,000 | - | -€25,000 | |
| Reserves | 13 | €1,764 | €1,764 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,764 | - | -€1,764 | |
| Legal reserve | 130 | €1,764 | - | -€1,764 | |
| Distributable reserves | 133 | - | €1,764 | +€1,764 | |
| Profit (loss) carried forward | 14 | €91,321 | €161,353 | +€70,033 | +76.7% |
| Amounts payable | 17/49 | €115,062 | €127,603 | +€12,540 | +10.9% |
| Amounts payable after more than one year | 17 | €29,166 | €44,266 | +€15,100 | +51.8% |
| Financial debts | 170/4 | €29,166 | €44,266 | +€15,100 | +51.8% |
| Amounts payable within one year | 42/48 | €85,897 | €83,337 | -€2,560 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €9,432 | - | -€9,432 | |
| Financial debts | 43 | - | €35,166 | +€35,166 | |
| Credit institutions | 430/8 | - | €35,166 | +€35,166 | |
| Trade debts | 44 | €40,272 | €36,134 | -€4,137 | -10.3% |
| Suppliers | 440/4 | €40,272 | €36,134 | -€4,137 | -10.3% |
| Advances received on contracts in progress | 46 | €13,802 | - | -€13,802 | |
| Taxes, remuneration and social security | 45 | €22,391 | €12,037 | -€10,354 | -46.2% |
| Taxes | 450/3 | €13,224 | €12,037 | -€1,188 | -9.0% |
| Remuneration and social security | 454/9 | €9,167 | - | -€9,167 | |
| Remuneration, social security and pensions | 62 | €162,513 | €191,698 | +€29,185 | +18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,208 | €10,296 | +€88 | +0.9% |
| Other operating charges | 640/8 | €1,929 | €3,206 | +€1,276 | +66.2% |
| Gross operating margin | 9900 | €204,924 | €292,566 | +€87,643 | +42.8% |
| Operating profit (loss) | 9901 | €30,273 | €87,366 | +€57,093 | +188.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,988 | €6,463 | +€3,475 | +116.3% |
| Recurring financial charges | 65 | €2,988 | €6,463 | +€3,475 | +116.3% |
| Profit (loss) for the period before taxes | 9903 | €27,285 | €80,905 | +€53,620 | +196.5% |
| Income taxes | 67/77 | - | €10,872 | +€10,872 | |
| Profit (loss) for the period | 9904 | €27,285 | €70,033 | +€42,748 | +156.7% |
| Profit (loss) for the period to be appropriated | 9905 | €27,285 | €70,033 | +€42,748 | +156.7% |
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 6 October 2026 via checked.be.