HMS 21: 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.
HMS 21
Largest movements
- Tangible fixed assets -€20,323
down €20,323 (-4.0%), from €511,310 to €490,987
of which Land and buildings: -€16,733
- Receivables within one year -€19,863
down €19,863 (-80.2%), from €24,781 to €4,919
of which Trade receivables: -€20,000
- Trade debts -€19,368
down €19,368 (-94.4%), from €20,522 to €1,154
- Current portion of long-term debt -€18,983
down €18,983 (-100.0%), from €18,988 to €5
- Profit (loss) carried forward -€7,929
down €7,929, from €120 to -€7,808
- Gross operating margin +€44,654
up €44,654, from -€19,986 to €24,668
- Other operating charges +€8,974
up €8,974 (+473.3%), from €1,896 to €10,870
- Financial charges +€1,278
up €1,278 (+1010.5%), from €126 to €1,404
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 | €546,345 | €500,730 | -€45,616 | -8.3% |
| Fixed assets | 21/28 | €515,610 | €493,687 | -€21,923 | -4.3% |
| Tangible fixed assets | 22/27 | €511,310 | €490,987 | -€20,323 | -4.0% |
| Land and buildings | 22 | €476,650 | €459,917 | -€16,733 | -3.5% |
| Plant, machinery and equipment | 23 | €6,240 | €4,680 | -€1,560 | -25.0% |
| Other tangible fixed assets | 26 | €28,420 | €26,390 | -€2,030 | -7.1% |
| Financial fixed assets | 28 | €4,300 | €2,700 | -€1,600 | -37.2% |
| Current assets | 29/58 | €30,735 | €7,043 | -€23,693 | -77.1% |
| Amounts receivable within one year | 40/41 | €24,781 | €4,919 | -€19,863 | -80.2% |
| Trade receivables | 40 | €20,000 | - | -€20,000 | |
| Other amounts receivable | 41 | €4,781 | €4,919 | +€137 | +2.9% |
| Cash at bank and in hand | 54/58 | €5,954 | €2,124 | -€3,830 | -64.3% |
| Total equity and liabilities | 10/49 | €546,345 | €500,730 | -€45,616 | -8.3% |
| Equity | 10/15 | €5,120 | -€2,808 | -€7,929 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €120 | -€7,808 | -€7,929 | |
| Amounts payable | 17/49 | €541,225 | €503,538 | -€37,687 | -7.0% |
| Amounts payable after more than one year | 17 | €224,038 | €224,038 | = | 0.0% |
| Financial debts | 170/4 | €224,038 | €224,038 | = | 0.0% |
| Amounts payable within one year | 42/48 | €317,187 | €279,500 | -€37,687 | -11.9% |
| Current portion of amounts payable after more than one year | 42 | €18,988 | €5 | -€18,983 | -100.0% |
| Trade debts | 44 | €20,522 | €1,154 | -€19,368 | -94.4% |
| Suppliers | 440/4 | €20,522 | €1,154 | -€19,368 | -94.4% |
| Taxes, remuneration and social security | 45 | €22,412 | €18,076 | -€4,336 | -19.3% |
| Taxes | 450/3 | €15,591 | €14,151 | -€1,440 | -9.2% |
| Remuneration and social security | 454/9 | €6,821 | €3,926 | -€2,895 | -42.4% |
| Other amounts payable | 47/48 | €255,265 | €260,265 | +€5,000 | +2.0% |
| Non-recurring operating income | 76A | €1,776 | - | -€1,776 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,323 | €20,323 | = | 0.0% |
| Other operating charges | 640/8 | €1,896 | €10,870 | +€8,974 | +473.3% |
| Gross operating margin | 9900 | -€19,986 | €24,668 | +€44,654 | |
| Operating profit (loss) | 9901 | -€42,205 | -€6,524 | +€35,680 | +84.5% |
| Financial charges | 65/66B | €126 | €1,404 | +€1,278 | +1010.5% |
| Recurring financial charges | 65 | €126 | €1,404 | +€1,278 | +1010.5% |
| Profit (loss) for the period before taxes | 9903 | -€42,331 | -€7,929 | +€34,403 | +81.3% |
| Profit (loss) for the period | 9904 | -€42,331 | -€7,929 | +€34,403 | +81.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,331 | -€7,929 | +€34,403 | +81.3% |
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 6 October 2026 via checked.be.