HONLLADAIS: 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.
HONLLADAIS
Largest movements
- Receivables within one year -€21,583
down €21,583 (-29.6%), from €72,797 to €51,214
of which Trade receivables: -€28,693
- Cash -€8,776
down €8,776 (-39.4%), from €22,261 to €13,485
mainly Trade debts (-€43,108) and Tax, wage and social debts (-€1,427)
- Trade debts -€43,108
down €43,108 (-60.8%), from €70,948 to €27,840
- Advances received +€13,190
new in 2024: €13,190
- Tax, wage and social debts -€1,427
down €1,427 (-29.7%), from €4,806 to €3,379
of which Taxes: -€749
- Turnover -€154,774
no longer reported in 2024 (was €154,774)
- Purchases and services -€126,502
no longer reported in 2024 (was €126,502)
- Gross operating margin -€20,781
down €20,781 (-73.5%), from €28,272 to €7,491
- Staff costs -€7,415
down €7,415 (-57.0%), from €13,012 to €5,596
- Taxes -€2,864
down €2,864 (-97.3%), from €2,945 to €81
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 | €97,204 | €66,157 | -€31,047 | -31.9% |
| Fixed assets | 21/28 | €2,030 | €1,342 | -€689 | -33.9% |
| Tangible fixed assets | 22/27 | €1,423 | €734 | -€689 | -48.4% |
| Furniture and vehicles | 24 | €1,423 | €734 | -€689 | -48.4% |
| Financial fixed assets | 28 | €608 | €608 | = | 0.0% |
| Current assets | 29/58 | €95,174 | €64,815 | -€30,359 | -31.9% |
| Amounts receivable within one year | 40/41 | €72,797 | €51,214 | -€21,583 | -29.6% |
| Trade receivables | 40 | €69,796 | €41,103 | -€28,693 | -41.1% |
| Other amounts receivable | 41 | €3,002 | €10,111 | +€7,110 | +236.9% |
| Cash at bank and in hand | 54/58 | €22,261 | €13,485 | -€8,776 | -39.4% |
| Deferred charges and accrued income | 490/1 | €116 | €116 | = | 0.0% |
| Total equity and liabilities | 10/49 | €97,204 | €66,157 | -€31,047 | -31.9% |
| Equity | 10/15 | €21,450 | €21,747 | +€298 | +1.4% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,450 | €2,747 | +€298 | +12.1% |
| Amounts payable | 17/49 | €75,755 | €44,410 | -€31,345 | -41.4% |
| Amounts payable within one year | 42/48 | €75,755 | €44,410 | -€31,345 | -41.4% |
| Trade debts | 44 | €70,948 | €27,840 | -€43,108 | -60.8% |
| Suppliers | 440/4 | €70,948 | €27,840 | -€43,108 | -60.8% |
| Advances received on contracts in progress | 46 | - | €13,190 | +€13,190 | |
| Taxes, remuneration and social security | 45 | €4,806 | €3,379 | -€1,427 | -29.7% |
| Taxes | 450/3 | €3,774 | €3,026 | -€749 | -19.8% |
| Remuneration and social security | 454/9 | €1,032 | €353 | -€678 | -65.8% |
| Turnover | 70 | €154,774 | - | -€154,774 | |
| Goods, raw materials, services and sundry goods | 60/61 | €126,502 | - | -€126,502 | |
| Remuneration, social security and pensions | 62 | €13,012 | €5,596 | -€7,415 | -57.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €643 | €689 | +€45 | +7.0% |
| Other operating charges | 640/8 | €584 | €589 | +€5 | +0.9% |
| Gross operating margin | 9900 | €28,272 | €7,491 | -€20,781 | -73.5% |
| Operating profit (loss) | 9901 | €14,033 | €617 | -€13,416 | -95.6% |
| Financial charges | 65/66B | €239 | €239 | = | 0.0% |
| Recurring financial charges | 65 | €239 | €239 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €13,794 | €378 | -€13,416 | -97.3% |
| Income taxes | 67/77 | €2,945 | €81 | -€2,864 | -97.3% |
| Profit (loss) for the period | 9904 | €10,849 | €298 | -€10,552 | -97.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,849 | €298 | -€10,552 | -97.3% |
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 30 September 2026 via checked.be.