Howard: 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.
Howard
Largest movements
- Cash -€26,204
down €26,204 (-64.7%), from €40,476 to €14,272
mainly Other debts (-€16,614) and Contributions, distributions and other (-€10,000)
- Receivables within one year +€5,715
up €5,715 (+20.2%), from €28,262 to €33,977
of which Other amounts receivable: +€4,436
- Tangible fixed assets -€2,458
down €2,458 (-53.4%), from €4,605 to €2,148
of which Furniture and vehicles: -€1,849
- Other debts -€16,614
down €16,614 (-57.1%), from €29,117 to €12,503
- Trade debts -€5,745
down €5,745 (-45.8%), from €12,535 to €6,790
- Profit (loss) carried forward +€1,223
up €1,223 (+5.3%), from €23,105 to €24,328
- Tax, wage and social debts -€1,149
down €1,149 (-16.3%), from €7,046 to €5,897
- Gross operating margin -€29,453
down €29,453 (-61.9%), from €47,616 to €18,163
- Taxes -€8,702
down €8,702 (-70.4%), from €12,356 to €3,654
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 | €77,353 | €54,517 | -€22,836 | -29.5% |
| Fixed assets | 21/28 | €4,605 | €2,148 | -€2,458 | -53.4% |
| Tangible fixed assets | 22/27 | €4,605 | €2,148 | -€2,458 | -53.4% |
| Furniture and vehicles | 24 | €3,997 | €2,148 | -€1,849 | -46.3% |
| Other tangible fixed assets | 26 | €608 | - | -€608 | |
| Current assets | 29/58 | €72,747 | €52,369 | -€20,378 | -28.0% |
| Amounts receivable within one year | 40/41 | €28,262 | €33,977 | +€5,715 | +20.2% |
| Trade receivables | 40 | €17,618 | €18,896 | +€1,278 | +7.3% |
| Other amounts receivable | 41 | €10,644 | €15,081 | +€4,436 | +41.7% |
| Cash at bank and in hand | 54/58 | €40,476 | €14,272 | -€26,204 | -64.7% |
| Deferred charges and accrued income | 490/1 | €4,009 | €4,120 | +€111 | +2.8% |
| Total equity and liabilities | 10/49 | €77,353 | €54,517 | -€22,836 | -29.5% |
| Equity | 10/15 | €28,105 | €29,328 | +€1,223 | +4.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,105 | €24,328 | +€1,223 | +5.3% |
| Amounts payable | 17/49 | €49,248 | €25,189 | -€24,059 | -48.9% |
| Amounts payable within one year | 42/48 | €48,697 | €25,189 | -€23,508 | -48.3% |
| Trade debts | 44 | €12,535 | €6,790 | -€5,745 | -45.8% |
| Suppliers | 440/4 | €12,535 | €6,790 | -€5,745 | -45.8% |
| Taxes, remuneration and social security | 45 | €7,046 | €5,897 | -€1,149 | -16.3% |
| Taxes | 450/3 | €7,046 | €5,897 | -€1,149 | -16.3% |
| Other amounts payable | 47/48 | €29,117 | €12,503 | -€16,614 | -57.1% |
| Accrued charges and deferred income | 492/3 | €551 | - | -€551 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,646 | €2,458 | -€188 | -7.1% |
| Other operating charges | 640/8 | €670 | €603 | -€67 | -10.0% |
| Gross operating margin | 9900 | €47,616 | €18,163 | -€29,453 | -61.9% |
| Operating profit (loss) | 9901 | €44,301 | €15,103 | -€29,199 | -65.9% |
| Financial income | 75/76B | €218 | - | -€218 | |
| Recurring financial income | 75 | €218 | - | -€218 | |
| Financial charges | 65/66B | €273 | €226 | -€47 | -17.1% |
| Recurring financial charges | 65 | €273 | €226 | -€47 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €44,246 | €14,877 | -€29,370 | -66.4% |
| Income taxes | 67/77 | €12,356 | €3,654 | -€8,702 | -70.4% |
| Profit (loss) for the period | 9904 | €31,891 | €11,223 | -€20,668 | -64.8% |
| Profit (loss) for the period to be appropriated | 9905 | €31,891 | €11,223 | -€20,668 | -64.8% |
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 2 October 2026 via checked.be.