HOGAR: 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.
HOGAR
Largest movements
- Current investments +€250,000
new in 2023: €250,000
- Cash +€125,273
up €125,273 (+1295.6%), from €9,669 to €134,942
mainly Other debts (+€338,484) and Net result for the year (+€159,649)
- Tangible fixed assets +€18,077
up €18,077 (+76.5%), from €23,619 to €41,697
- Stocks and contracts +€16,500
up €16,500 (+2.1%), from €768,500 to €785,000
of which Stocks: +€91,500
- Other debts +€338,484
up €338,484 (+85.5%), from €395,814 to €734,298
- Profit (loss) carried forward +€159,649
new in 2023: €159,649
- Short-term financial debts -€135,000
down €135,000 (-40.3%), from €335,000 to €200,000
- Tax, wage and social debts +€41,163
up €41,163 (+302.0%), from €13,632 to €54,795
- Gross operating margin +€239,896
up €239,896 (+330.9%), from €72,498 to €312,394
- Taxes +€42,220
up €42,220 (+671.5%), from €6,288 to €48,507
- Other operating charges +€37,060
up €37,060 (+85.7%), from €43,252 to €80,312
- Depreciation +€8,171
up €8,171 (+137.6%), from €5,939 to €14,111
- Financial charges +€6,337
up €6,337 (+181.6%), from €3,490 to €9,827
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €807,300 | €1,214,540 | +€407,240 | +50.4% |
| Fixed assets | 21/28 | €23,619 | €41,697 | +€18,077 | +76.5% |
| Tangible fixed assets | 22/27 | €23,619 | €41,697 | +€18,077 | +76.5% |
| Furniture and vehicles | 24 | €23,619 | €41,697 | +€18,077 | +76.5% |
| Current assets | 29/58 | €783,680 | €1,172,843 | +€389,162 | +49.7% |
| Stocks and contracts in progress | 3 | €768,500 | €785,000 | +€16,500 | +2.1% |
| Stocks | 30/36 | €658,500 | €750,000 | +€91,500 | +13.9% |
| Contracts in progress | 37 | €110,000 | €35,000 | -€75,000 | -68.2% |
| Amounts receivable within one year | 40/41 | €5,511 | €2,901 | -€2,610 | -47.4% |
| Trade receivables | 40 | €4,704 | €353 | -€4,352 | -92.5% |
| Other amounts receivable | 41 | €807 | €2,548 | +€1,741 | +215.9% |
| Current investments | 50/53 | - | €250,000 | +€250,000 | |
| Cash at bank and in hand | 54/58 | €9,669 | €134,942 | +€125,273 | +1295.6% |
| Total equity and liabilities | 10/49 | €807,300 | €1,214,540 | +€407,240 | +50.4% |
| Equity | 10/15 | €54,530 | €214,180 | +€159,649 | +292.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Capital | 10 | €15,000 | - | -€15,000 | |
| Issued capital | 100 | €15,000 | - | -€15,000 | |
| Reserves | 13 | €39,530 | €39,530 | = | 0.0% |
| Distributable reserves | 133 | €39,530 | €39,530 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €159,649 | +€159,649 | |
| Amounts payable | 17/49 | €752,769 | €1,000,360 | +€247,591 | +32.9% |
| Amounts payable within one year | 42/48 | €752,769 | €1,000,360 | +€247,591 | +32.9% |
| Financial debts | 43 | €335,000 | €200,000 | -€135,000 | -40.3% |
| Credit institutions | 430/8 | €335,000 | €200,000 | -€135,000 | -40.3% |
| Trade debts | 44 | €8,324 | €11,267 | +€2,944 | +35.4% |
| Suppliers | 440/4 | €8,324 | €11,267 | +€2,944 | +35.4% |
| Taxes, remuneration and social security | 45 | €13,632 | €54,795 | +€41,163 | +302.0% |
| Taxes | 450/3 | €13,632 | €54,795 | +€41,163 | +302.0% |
| Other amounts payable | 47/48 | €395,814 | €734,298 | +€338,484 | +85.5% |
| Non-recurring operating income | 76A | €11,250 | €4,733 | -€6,517 | -57.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,939 | €14,111 | +€8,171 | +137.6% |
| Other operating charges | 640/8 | €43,252 | €80,312 | +€37,060 | +85.7% |
| Gross operating margin | 9900 | €72,498 | €312,394 | +€239,896 | +330.9% |
| Operating profit (loss) | 9901 | €23,307 | €217,971 | +€194,664 | +835.2% |
| Financial income | 75/76B | €0 | €12 | +€12 | +29975.0% |
| Recurring financial income | 75 | €0 | €12 | +€12 | +29975.0% |
| Financial charges | 65/66B | €3,490 | €9,827 | +€6,337 | +181.6% |
| Recurring financial charges | 65 | €3,490 | €9,827 | +€6,337 | +181.6% |
| Profit (loss) for the period before taxes | 9903 | €19,817 | €208,157 | +€188,340 | +950.4% |
| Income taxes | 67/77 | €6,288 | €48,507 | +€42,220 | +671.5% |
| Profit (loss) for the period | 9904 | €13,529 | €159,649 | +€146,120 | +1080.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,529 | €159,649 | +€146,120 | +1080.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.