HISAREVA: 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.
HISAREVA
Largest movements
- Receivables after one year +€31,264
new in 2024: €31,264
- Tangible fixed assets -€8,178
down €8,178 (-3.0%), from €269,565 to €261,386
- Debts after one year -€68,423
down €68,423 (-25.2%), from €271,499 to €203,076
of which Financial debts: -€68,423
- Profit (loss) carried forward +€52,210
up €52,210, from -€29,188 to €23,022
- Other debts +€22,383
up €22,383 (+857.6%), from €2,610 to €24,993
- Tax, wage and social debts +€14,515
up €14,515 (+261.2%), from €5,557 to €20,072
of which Taxes: +€8,161
- Trade debts +€3,973
up €3,973 (+22.5%), from €17,697 to €21,671
- Gross operating margin +€50,986
up €50,986 (+102.1%), from €49,951 to €100,937
- Staff costs +€22,718
new in 2024: €22,718
- Taxes +€7,139
up €7,139 (+2884.4%), from €248 to €7,386
- Financial charges -€1,658
down €1,658 (-24.5%), from €6,777 to €5,119
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 | €283,656 | €309,250 | +€25,595 | +9.0% |
| Fixed assets | 21/28 | €269,565 | €261,602 | -€7,962 | -3.0% |
| Tangible fixed assets | 22/27 | €269,565 | €261,386 | -€8,178 | -3.0% |
| Land and buildings | 22 | €269,565 | €261,386 | -€8,178 | -3.0% |
| Financial fixed assets | 28 | - | €216 | +€216 | |
| Current assets | 29/58 | €14,091 | €47,648 | +€33,557 | +238.1% |
| Amounts receivable after more than one year | 29 | - | €31,264 | +€31,264 | |
| Other amounts receivable | 291 | - | €31,264 | +€31,264 | |
| Amounts receivable within one year | 40/41 | €12,064 | €11,669 | -€395 | -3.3% |
| Trade receivables | 40 | €8,820 | €11,669 | +€2,849 | +32.3% |
| Other amounts receivable | 41 | €3,244 | - | -€3,244 | |
| Cash at bank and in hand | 54/58 | €1,759 | €3,829 | +€2,070 | +117.7% |
| Deferred charges and accrued income | 490/1 | €268 | €886 | +€618 | +230.7% |
| Total equity and liabilities | 10/49 | €283,656 | €309,250 | +€25,595 | +9.0% |
| Equity | 10/15 | -€26,688 | €25,522 | +€52,210 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,188 | €23,022 | +€52,210 | |
| Amounts payable | 17/49 | €310,344 | €283,728 | -€26,616 | -8.6% |
| Amounts payable after more than one year | 17 | €271,499 | €203,076 | -€68,423 | -25.2% |
| Financial debts | 170/4 | €269,999 | €201,576 | -€68,423 | -25.3% |
| Other amounts payable | 178/9 | €1,500 | €1,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €38,845 | €80,652 | +€41,808 | +107.6% |
| Current portion of amounts payable after more than one year | 42 | €12,831 | €13,917 | +€1,086 | +8.5% |
| Financial debts | 43 | €149 | - | -€149 | |
| Credit institutions | 430/8 | €149 | - | -€149 | |
| Trade debts | 44 | €17,697 | €21,671 | +€3,973 | +22.5% |
| Suppliers | 440/4 | €17,697 | €21,671 | +€3,973 | +22.5% |
| Taxes, remuneration and social security | 45 | €5,557 | €20,072 | +€14,515 | +261.2% |
| Taxes | 450/3 | €5,557 | €13,718 | +€8,161 | +146.9% |
| Remuneration and social security | 454/9 | - | €6,354 | +€6,354 | |
| Other amounts payable | 47/48 | €2,610 | €24,993 | +€22,383 | +857.6% |
| Remuneration, social security and pensions | 62 | - | €22,718 | +€22,718 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,973 | €12,081 | +€108 | +0.9% |
| Other operating charges | 640/8 | €2,422 | €1,741 | -€681 | -28.1% |
| Gross operating margin | 9900 | €49,951 | €100,937 | +€50,986 | +102.1% |
| Operating profit (loss) | 9901 | €35,557 | €64,398 | +€28,841 | +81.1% |
| Financial income | 75/76B | €86 | €318 | +€233 | +271.2% |
| Recurring financial income | 75 | €86 | €318 | +€233 | +271.2% |
| Financial charges | 65/66B | €6,777 | €5,119 | -€1,658 | -24.5% |
| Recurring financial charges | 65 | €6,777 | €5,119 | -€1,658 | -24.5% |
| Profit (loss) for the period before taxes | 9903 | €28,866 | €59,597 | +€30,731 | +106.5% |
| Income taxes | 67/77 | €248 | €7,386 | +€7,139 | +2884.4% |
| Profit (loss) for the period | 9904 | €28,618 | €52,210 | +€23,592 | +82.4% |
| Profit (loss) for the period to be appropriated | 9905 | €28,618 | €52,210 | +€23,592 | +82.4% |
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 8 October 2026 via checked.be.