HL SERVICES: 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.
HL SERVICES
Largest movements
- Receivables within one year -€5,646
down €5,646 (-45.2%), from €12,483 to €6,837
of which Trade receivables: -€5,665
- Trade debts -€5,808
no longer reported in 2024 (was €5,808)
- Profit (loss) carried forward +€448
up €448 (+0.5%), from -€95,759 to -€95,311
- Tax, wage and social debts -€175
no longer reported in 2024 (was €175)
- Other operating charges +€387
new in 2024: €387
- Gross operating margin -€33
down €33 (-3.6%), from €914 to €881
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 | €12,483 | €6,937 | -€5,546 | -44.4% |
| Current assets | 29/58 | €12,483 | €6,937 | -€5,546 | -44.4% |
| Amounts receivable within one year | 40/41 | €12,483 | €6,837 | -€5,646 | -45.2% |
| Trade receivables | 40 | €11,778 | €6,114 | -€5,665 | -48.1% |
| Other amounts receivable | 41 | €704 | €723 | +€19 | +2.6% |
| Cash at bank and in hand | 54/58 | - | €100 | +€100 | |
| Total equity and liabilities | 10/49 | €12,483 | €6,937 | -€5,546 | -44.4% |
| Equity | 10/15 | -€13,954 | -€13,506 | +€448 | +3.2% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €6,805 | €6,805 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,805 | €6,805 | = | 0.0% |
| Legal reserve | 130 | €6,805 | €6,805 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€95,759 | -€95,311 | +€448 | +0.5% |
| Amounts payable | 17/49 | €26,437 | €20,443 | -€5,994 | -22.7% |
| Amounts payable after more than one year | 17 | €20,381 | €20,381 | = | 0.0% |
| Other amounts payable | 178/9 | €20,381 | €20,381 | = | 0.0% |
| Amounts payable within one year | 42/48 | €6,056 | €62 | -€5,994 | -99.0% |
| Financial debts | 43 | €11 | - | -€11 | |
| Credit institutions | 430/8 | €11 | - | -€11 | |
| Trade debts | 44 | €5,808 | - | -€5,808 | |
| Suppliers | 440/4 | €5,808 | - | -€5,808 | |
| Taxes, remuneration and social security | 45 | €175 | - | -€175 | |
| Taxes | 450/3 | €175 | - | -€175 | |
| Other amounts payable | 47/48 | €62 | €62 | = | 0.0% |
| Other operating charges | 640/8 | - | €387 | +€387 | |
| Gross operating margin | 9900 | €914 | €881 | -€33 | -3.6% |
| Operating profit (loss) | 9901 | €914 | €494 | -€420 | -46.0% |
| Financial charges | 65/66B | €45 | €46 | +€1 | +2.2% |
| Recurring financial charges | 65 | €45 | €46 | +€1 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €869 | €448 | -€421 | -48.4% |
| Profit (loss) for the period | 9904 | €869 | €448 | -€421 | -48.4% |
| Profit (loss) for the period to be appropriated | 9905 | €869 | €448 | -€421 | -48.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.