HLI Rénovation: what changed
What changed
HLI Rénovation
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
filed annual accounts (NBB)
Net result for the year
€102,728
2023 · €2,123+€100,605
Equity
€197,077
2023 · €94,349+€102,728
Cash
€27,718
2023 · -+€27,718
Balance sheet total
€418,199
2023 · €312,861+€105,338
Largest movements
Assets
- Receivables within one year +€133,828
up €133,828 (+393%), from €34,034 to €167,862
of which Trade receivables: +€107,395
- Cash +€27,718
new in 2024: €27,718
mainly Net result for the year (+€102,728) and Depreciation (+€35,064)
- Deferred charges and accrued income -€23,000
no longer reported in 2024 (was €23,000)
- Tangible fixed assets -€20,524
down €20,524 (-9.3%), from €219,545 to €199,021
of which Land and buildings: -€12,108
- Stocks and contracts -€12,685
down €12,685 (-37.4%), from €33,952 to €21,267
Equity and liabilities
- Profit (loss) carried forward +€100,605
up €100,605 (+4,738%), from €2,123 to €102,728
- Short-term financial debts -€50,778
no longer reported in 2024 (was €50,778)
- Current portion of long-term debt +€32,720
new in 2024: €32,720
- Debts after one year +€18,411
up €18,411 (+22.0%), from €83,498 to €101,910
- Trade debts -€8,261
down €8,261 (-19.6%), from €42,058 to €33,797
Income statement
- Turnover +€211,912
up €211,912 (+54.9%), from €386,086 to €597,998
- Gross operating margin +€133,672
up €133,672 (+237%), from €56,341 to €190,013
- Purchases and services +€79,148
up €79,148 (+24.0%), from €329,745 to €408,893
- Other operating charges +€21,003
up €21,003 (+308%), from €6,828 to €27,831
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€2,123
Gross operating margin
+€133,672
Depreciation
+€3,527
Other operating charges
-€21,003
Other operating items
-€14,900
Financial income
+€78
Financial charges
-€4,183
Taxes
+€3,413
Result 2024
€102,728
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€41,906
Investment
-€14,541
Financing
+€353
Cash 2023
€0
From operations (derived)
+€41,906
Net result for the year
+€102,728
Depreciation
+€35,064
Stocks and contracts
+€12,685
Receivables within one year
-€133,828
Deferred charges and accrued income
+€23,000
Trade debts
-€8,261
Tax, wage and social debts
+€7,956
Other debts
+€2,563
Investment (derived)
-€14,541
Investment in fixed assets (net)
-€14,541
Financing
+€353
Debts after one year
+€18,411
Current portion of long-term debt
+€32,720
Short-term financial debts
-€50,778
Cash 2024
€27,718
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €312,861 | €418,199 | +€105,338 | +33.7% |
| Fixed assets | 21/28 | €221,875 | €201,351 | -€20,524 | -9.3% |
| Tangible fixed assets | 22/27 | €219,545 | €199,021 | -€20,524 | -9.3% |
| Land and buildings | 22 | €120,582 | €108,474 | -€12,108 | -10.0% |
| Plant, machinery and equipment | 23 | €38,752 | €30,984 | -€7,768 | -20.0% |
| Furniture and vehicles | 24 | €26,576 | €33,690 | +€7,114 | +26.8% |
| Leasing and similar rights | 25 | €33,635 | €25,873 | -€7,762 | -23.1% |
| Financial fixed assets | 28 | €2,330 | €2,330 | = | 0.0% |
| Current assets | 29/58 | €90,986 | €216,848 | +€125,862 | +138% |
| Stocks and contracts in progress | 3 | €33,952 | €21,267 | -€12,685 | -37.4% |
| Stocks | 30/36 | €33,952 | €21,267 | -€12,685 | -37.4% |
| Amounts receivable within one year | 40/41 | €34,034 | €167,862 | +€133,828 | +393% |
| Trade receivables | 40 | €22,299 | €129,694 | +€107,395 | +482% |
| Other amounts receivable | 41 | €11,735 | €38,168 | +€26,434 | +225% |
| Cash at bank and in hand | 54/58 | - | €27,718 | +€27,718 | |
| Deferred charges and accrued income | 490/1 | €23,000 | - | -€23,000 | |
| Total equity and liabilities | 10/49 | €312,861 | €418,199 | +€105,338 | +33.7% |
| Equity | 10/15 | €94,349 | €197,077 | +€102,728 | +109% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €73,626 | €75,749 | +€2,123 | +2.9% |
| Distributable reserves | 133 | €73,626 | €75,749 | +€2,123 | +2.9% |
| Profit (loss) carried forward | 14 | €2,123 | €102,728 | +€100,605 | +4,738% |
| Amounts payable | 17/49 | €218,512 | €221,122 | +€2,610 | +1.2% |
| Amounts payable after more than one year | 17 | €83,498 | €101,910 | +€18,411 | +22.0% |
| Financial debts | 170/4 | €83,498 | €101,910 | +€18,411 | +22.0% |
| Amounts payable within one year | 42/48 | €135,013 | €119,212 | -€15,801 | -11.7% |
| Current portion of amounts payable after more than one year | 42 | - | €32,720 | +€32,720 | |
| Financial debts | 43 | €50,778 | - | -€50,778 | |
| Credit institutions | 430/8 | €50,778 | - | -€50,778 | |
| Trade debts | 44 | €42,058 | €33,797 | -€8,261 | -19.6% |
| Suppliers | 440/4 | €42,058 | €33,797 | -€8,261 | -19.6% |
| Taxes, remuneration and social security | 45 | €463 | €8,418 | +€7,956 | +1,720% |
| Taxes | 450/3 | €463 | €4,918 | +€4,456 | +963% |
| Remuneration and social security | 454/9 | - | €3,500 | +€3,500 | |
| Other amounts payable | 47/48 | €41,715 | €44,278 | +€2,563 | +6.1% |
| Turnover | 70 | €386,086 | €597,998 | +€211,912 | +54.9% |
| Non-recurring operating income | 76A | - | €908 | +€908 | |
| Goods, raw materials, services and sundry goods | 60/61 | €329,745 | €408,893 | +€79,148 | +24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,591 | €35,064 | -€3,527 | -9.1% |
| Other operating charges | 640/8 | €6,828 | €27,831 | +€21,003 | +308% |
| Non-recurring operating charges | 66A | - | €14,900 | +€14,900 | |
| Gross operating margin | 9900 | €56,341 | €190,013 | +€133,672 | +237% |
| Operating profit (loss) | 9901 | €10,921 | €112,217 | +€101,296 | +928% |
| Financial income | 75/76B | - | €78 | +€78 | |
| Recurring financial income | 75 | - | €78 | +€78 | |
| Financial charges | 65/66B | €5,385 | €9,567 | +€4,183 | +77.7% |
| Recurring financial charges | 65 | €5,385 | €9,567 | +€4,183 | +77.7% |
| Profit (loss) for the period before taxes | 9903 | €5,536 | €102,728 | +€97,192 | +1,756% |
| Income taxes | 67/77 | €3,413 | - | -€3,413 | |
| Profit (loss) for the period | 9904 | €2,123 | €102,728 | +€100,605 | +4,738% |
| Profit (loss) for the period to be appropriated | 9905 | €2,123 | €102,728 | +€100,605 | +4,738% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.