HIREM Group: what changed
Two financial 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.
HIREM Group
Largest movements
- Cash -€6,322
no longer reported in 2022 (was €6,322)
mainly Net result for the year (-€20,809) and Tax, wage and social debts (-€9,011)
- Tangible fixed assets -€3,940
down €3,940 (-26.2%), from €15,048 to €11,108
of which Furniture and vehicles: -€3,610
- Receivables within one year -€1,260
down €1,260 (-1.6%), from €78,048 to €76,789
of which Other amounts receivable: -€9,372
- Profit (loss) carried forward -€20,809
new in 2022: -€20,809
- Other debts +€17,968
up €17,968 (+34.1%), from €52,646 to €70,614
- Tax, wage and social debts -€9,011
down €9,011 (-45.9%), from €19,624 to €10,613
- Trade debts -€3,037
down €3,037 (-64.9%), from €4,676 to €1,640
- Short-term financial debts +€2,518
new in 2022: €2,518
- Financial charges +€41,350
up €41,350 (+3,663%), from €1,129 to €42,479
of which Non-recurring financial charges: +€40,469
- Taxes -€5,190
down €5,190 (-93.2%), from €5,565 to €376
- Purchases and services -€4,113
down €4,113 (-4.0%), from €103,815 to €99,702
- Depreciation +€3,276
up €3,276 (+222%), from €1,478 to €4,754
- Turnover +€2,925
up €2,925 (+2.5%), from €118,281 to €121,206
From the 2021 result to the 2022 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.
Derived cash bridge
Derived from the 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €99,418 | €87,896 | -€11,522 | -11.6% |
| Fixed assets | 21/28 | €15,048 | €11,108 | -€3,940 | -26.2% |
| Tangible fixed assets | 22/27 | €15,048 | €11,108 | -€3,940 | -26.2% |
| Plant, machinery and equipment | 23 | €939 | €609 | -€330 | -35.2% |
| Furniture and vehicles | 24 | €14,108 | €10,499 | -€3,610 | -25.6% |
| Current assets | 29/58 | €84,370 | €76,789 | -€7,582 | -9.0% |
| Amounts receivable within one year | 40/41 | €78,048 | €76,789 | -€1,260 | -1.6% |
| Trade receivables | 40 | €1,000 | €9,112 | +€8,112 | +811% |
| Other amounts receivable | 41 | €77,049 | €67,677 | -€9,372 | -12.2% |
| Cash at bank and in hand | 54/58 | €6,322 | - | -€6,322 | |
| Total equity and liabilities | 10/49 | €99,418 | €87,896 | -€11,522 | -11.6% |
| Equity | 10/15 | €22,000 | €1,191 | -€20,809 | -94.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€20,809 | -€20,809 | |
| Amounts payable | 17/49 | €77,418 | €86,705 | +€9,287 | +12.0% |
| Amounts payable within one year | 42/48 | €76,946 | €85,385 | +€8,439 | +11.0% |
| Financial debts | 43 | - | €2,518 | +€2,518 | |
| Credit institutions | 430/8 | - | €2,518 | +€2,518 | |
| Trade debts | 44 | €4,676 | €1,640 | -€3,037 | -64.9% |
| Suppliers | 440/4 | €4,676 | €1,640 | -€3,037 | -64.9% |
| Taxes, remuneration and social security | 45 | €19,624 | €10,613 | -€9,011 | -45.9% |
| Taxes | 450/3 | €19,624 | €10,613 | -€9,011 | -45.9% |
| Other amounts payable | 47/48 | €52,646 | €70,614 | +€17,968 | +34.1% |
| Accrued charges and deferred income | 492/3 | €472 | €1,321 | +€849 | +180% |
| Turnover | 70 | €118,281 | €121,206 | +€2,925 | +2.5% |
| Non-recurring operating income | 76A | - | €5,967 | +€5,967 | |
| Goods, raw materials, services and sundry goods | 60/61 | €103,815 | €99,702 | -€4,113 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,478 | €4,754 | +€3,276 | +222% |
| Other operating charges | 640/8 | €323 | €671 | +€348 | +108% |
| Gross operating margin | 9900 | €29,190 | €27,470 | -€1,720 | -5.9% |
| Operating profit (loss) | 9901 | €27,389 | €22,046 | -€5,344 | -19.5% |
| Financial charges | 65/66B | €1,129 | €42,479 | +€41,350 | +3,663% |
| Recurring financial charges | 65 | €1,129 | €2,010 | +€881 | +78.0% |
| Non-recurring financial charges | 66B | - | €40,469 | +€40,469 | |
| Profit (loss) for the period before taxes | 9903 | €26,260 | -€20,434 | -€46,694 | |
| Income taxes | 67/77 | €5,565 | €376 | -€5,190 | -93.2% |
| Profit (loss) for the period | 9904 | €20,695 | -€20,809 | -€41,504 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,695 | -€20,809 | -€41,504 |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.