HMZ COIFF: 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.
HMZ COIFF
Largest movements
- Tangible fixed assets -€3,157
down €3,157 (-24.9%), from €12,686 to €9,530
of which Furniture and vehicles: -€2,650
- Cash -€895
down €895 (-24.4%), from €3,673 to €2,778
mainly Net result for the year (-€8,157) and Stocks and contracts (-€299)
- Receivables within one year -€758
down €758 (-53.8%), from €1,409 to €651
of which Other amounts receivable: -€771
- Stocks and contracts +€299
up €299 (+151%), from €198 to €497
- Profit (loss) carried forward -€8,157
down €8,157 (-24.1%), from -€33,792 to -€41,949
- Tax, wage and social debts +€3,231
up €3,231 (+59.5%), from €5,427 to €8,658
of which Taxes: +€2,125
- Other debts +€491
up €491 (+1.2%), from €39,866 to €40,357
- Staff costs -€11,088
down €11,088 (-31.8%), from €34,823 to €23,735
- Turnover -€8,559
down €8,559 (-22.7%), from €37,668 to €29,109
- Gross operating margin -€4,789
down €4,789 (-20.2%), from €23,744 to €18,955
- Purchases and services -€3,770
down €3,770 (-27.1%), from €13,924 to €10,154
- Depreciation +€1,250
up €1,250 (+65.6%), from €1,907 to €3,157
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.
Derived cash bridge
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 | €17,966 | €13,455 | -€4,511 | -25.1% |
| Fixed assets | 21/28 | €12,686 | €9,530 | -€3,157 | -24.9% |
| Tangible fixed assets | 22/27 | €12,686 | €9,530 | -€3,157 | -24.9% |
| Plant, machinery and equipment | 23 | €549 | €42 | -€507 | -92.3% |
| Furniture and vehicles | 24 | €12,138 | €9,488 | -€2,650 | -21.8% |
| Current assets | 29/58 | €5,280 | €3,926 | -€1,354 | -25.6% |
| Stocks and contracts in progress | 3 | €198 | €497 | +€299 | +151% |
| Stocks | 30/36 | €198 | €497 | +€299 | +151% |
| Amounts receivable within one year | 40/41 | €1,409 | €651 | -€758 | -53.8% |
| Trade receivables | 40 | - | €13 | +€13 | |
| Other amounts receivable | 41 | €1,409 | €638 | -€771 | -54.7% |
| Cash at bank and in hand | 54/58 | €3,673 | €2,778 | -€895 | -24.4% |
| Total equity and liabilities | 10/49 | €17,966 | €13,455 | -€4,511 | -25.1% |
| Equity | 10/15 | -€27,592 | -€35,749 | -€8,157 | -29.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,792 | -€41,949 | -€8,157 | -24.1% |
| Amounts payable | 17/49 | €45,559 | €49,205 | +€3,646 | +8.0% |
| Amounts payable within one year | 42/48 | €45,559 | €49,205 | +€3,646 | +8.0% |
| Trade debts | 44 | €265 | €190 | -€76 | -28.5% |
| Suppliers | 440/4 | €265 | €190 | -€76 | -28.5% |
| Taxes, remuneration and social security | 45 | €5,427 | €8,658 | +€3,231 | +59.5% |
| Taxes | 450/3 | €1,212 | €3,337 | +€2,125 | +175% |
| Remuneration and social security | 454/9 | €4,215 | €5,321 | +€1,106 | +26.2% |
| Other amounts payable | 47/48 | €39,866 | €40,357 | +€491 | +1.2% |
| Turnover | 70 | €37,668 | €29,109 | -€8,559 | -22.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €13,924 | €10,154 | -€3,770 | -27.1% |
| Remuneration, social security and pensions | 62 | €34,823 | €23,735 | -€11,088 | -31.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,907 | €3,157 | +€1,250 | +65.6% |
| Other operating charges | 640/8 | €80 | €0 | -€80 | -100% |
| Gross operating margin | 9900 | €23,744 | €18,955 | -€4,789 | -20.2% |
| Operating profit (loss) | 9901 | -€13,066 | -€7,937 | +€5,129 | +39.3% |
| Financial charges | 65/66B | €279 | €220 | -€59 | -21.1% |
| Recurring financial charges | 65 | €279 | €220 | -€59 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,344 | -€8,157 | +€5,188 | +38.9% |
| Profit (loss) for the period | 9904 | -€13,344 | -€8,157 | +€5,188 | +38.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,344 | -€8,157 | +€5,188 | +38.9% |
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 16 October 2026 via checked.be.