HLS COMPUTER: 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.
HLS COMPUTER
Largest movements
- Tangible fixed assets +€1.2m
up €1.2m (+64.0%), from €1.9m to €3.1m
of which Land and buildings: +€1.3m
- Debts after one year +€951,676
up €951,676 (+74.9%), from €1.3m to €2.2m
of which Financial debts: +€947,873
- Other debts +€234,990
up €234,990 (+82.5%), from €284,741 to €519,731
- Current portion of long-term debt +€41,429
up €41,429 (+38.6%), from €107,394 to €148,824
- Depreciation +€65,964
up €65,964 (+131.1%), from €50,298 to €116,262
- Gross operating margin +€41,665
up €41,665 (+21.9%), from €190,289 to €231,954
- Financial charges +€32,865
up €32,865 (+98.2%), from €33,473 to €66,338
- Taxes -€11,701
down €11,701 (-67.8%), from €17,271 to €5,570
- Other operating charges -€3,046
down €3,046 (-8.3%), from €36,811 to €33,765
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 | €1,931,009 | €3,172,458 | +€1.2m | +64.3% |
| Fixed assets | 21/28 | €1,900,660 | €3,116,898 | +€1.2m | +64.0% |
| Tangible fixed assets | 22/27 | €1,900,660 | €3,116,898 | +€1.2m | +64.0% |
| Land and buildings | 22 | €1,770,660 | €3,116,898 | +€1.3m | +76.0% |
| Assets under construction and advance payments | 27 | €130,000 | €0 | -€130,000 | -100.0% |
| Current assets | 29/58 | €30,349 | €55,560 | +€25,211 | +83.1% |
| Amounts receivable within one year | 40/41 | €23,700 | €23,700 | = | 0.0% |
| Trade receivables | 40 | €23,700 | €23,700 | = | 0.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €6,649 | €30,151 | +€23,502 | +353.5% |
| Deferred charges and accrued income | 490/1 | - | €1,710 | +€1,710 | |
| Total equity and liabilities | 10/49 | €1,931,009 | €3,172,458 | +€1.2m | +64.3% |
| Equity | 10/15 | €216,113 | €226,131 | +€10,018 | +4.6% |
| Contributions | 10/11 | €110,100 | €110,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,013 | €116,031 | +€10,018 | +9.4% |
| Amounts payable | 17/49 | €1,714,896 | €2,946,327 | +€1.2m | +71.8% |
| Amounts payable after more than one year | 17 | €1,270,154 | €2,221,829 | +€951,676 | +74.9% |
| Financial debts | 170/4 | €1,122,020 | €2,069,893 | +€947,873 | +84.5% |
| Other amounts payable | 178/9 | €148,134 | €151,936 | +€3,802 | +2.6% |
| Amounts payable within one year | 42/48 | €438,203 | €717,907 | +€279,703 | +63.8% |
| Current portion of amounts payable after more than one year | 42 | €107,394 | €148,824 | +€41,429 | +38.6% |
| Trade debts | 44 | €3,677 | €24,881 | +€21,205 | +576.8% |
| Suppliers | 440/4 | €3,677 | €24,881 | +€21,205 | +576.8% |
| Taxes, remuneration and social security | 45 | €42,392 | €24,471 | -€17,921 | -42.3% |
| Taxes | 450/3 | €42,392 | €24,471 | -€17,921 | -42.3% |
| Other amounts payable | 47/48 | €284,741 | €519,731 | +€234,990 | +82.5% |
| Accrued charges and deferred income | 492/3 | €6,539 | €6,591 | +€52 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,298 | €116,262 | +€65,964 | +131.1% |
| Other operating charges | 640/8 | €36,811 | €33,765 | -€3,046 | -8.3% |
| Gross operating margin | 9900 | €190,289 | €231,954 | +€41,665 | +21.9% |
| Operating profit (loss) | 9901 | €103,179 | €81,926 | -€21,253 | -20.6% |
| Financial charges | 65/66B | €33,473 | €66,338 | +€32,865 | +98.2% |
| Recurring financial charges | 65 | €33,473 | €66,338 | +€32,865 | +98.2% |
| Profit (loss) for the period before taxes | 9903 | €69,706 | €15,588 | -€54,118 | -77.6% |
| Income taxes | 67/77 | €17,271 | €5,570 | -€11,701 | -67.8% |
| Profit (loss) for the period | 9904 | €52,434 | €10,018 | -€42,417 | -80.9% |
| Profit (loss) for the period to be appropriated | 9905 | €52,434 | €10,018 | -€42,417 | -80.9% |
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 11 October 2026 via checked.be.