HP ECHAFAUDAGES: 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.
HP ECHAFAUDAGES
Largest movements
- Receivables within one year -€87,074
down €87,074 (-16.3%), from €535,777 to €448,703
of which Other amounts receivable: -€53,841
- Tangible fixed assets -€25,877
down €25,877 (-4.9%), from €528,733 to €502,856
of which Furniture and vehicles: -€20,517
- Financial fixed assets +€21,200
up €21,200 (+4,840%), from €438 to €21,638
- Short-term financial debts -€68,148
down €68,148 (-24.9%), from €274,047 to €205,899
of which Other loans: -€63,750
- Debts after one year -€62,289
down €62,289 (-77.5%), from €80,413 to €18,124
- Trade debts +€28,559
up €28,559 (+8.1%), from €353,556 to €382,115
- Tax, wage and social debts +€18,858
up €18,858 (+29.8%), from €63,262 to €82,120
of which Taxes: +€33,987
- Turnover +€1.4m
new in 2024: €1.4m
- Purchases and services +€1.2m
new in 2024: €1.2m
- Gross operating margin -€24,484
down €24,484 (-9.5%), from €258,115 to €233,631
- Depreciation +€17,591
up €17,591 (+11.2%), from €157,446 to €175,037
- Staff costs -€17,496
down €17,496 (-52.4%), from €33,372 to €15,876
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 | €1,081,753 | €998,190 | -€83,563 | -7.7% |
| Fixed assets | 21/28 | €529,171 | €524,494 | -€4,677 | -0.9% |
| Tangible fixed assets | 22/27 | €528,733 | €502,856 | -€25,877 | -4.9% |
| Plant, machinery and equipment | 23 | €366,584 | €375,479 | +€8,895 | +2.4% |
| Furniture and vehicles | 24 | €68,903 | €48,386 | -€20,517 | -29.8% |
| Other tangible fixed assets | 26 | €93,246 | €78,991 | -€14,255 | -15.3% |
| Financial fixed assets | 28 | €438 | €21,638 | +€21,200 | +4,840% |
| Current assets | 29/58 | €552,582 | €473,696 | -€78,886 | -14.3% |
| Amounts receivable within one year | 40/41 | €535,777 | €448,703 | -€87,074 | -16.3% |
| Trade receivables | 40 | €445,046 | €411,813 | -€33,233 | -7.5% |
| Other amounts receivable | 41 | €90,731 | €36,890 | -€53,841 | -59.3% |
| Current investments | 50/53 | €42 | €43 | +€1 | +2.4% |
| Cash at bank and in hand | 54/58 | €506 | - | -€506 | |
| Deferred charges and accrued income | 490/1 | €16,257 | €24,950 | +€8,693 | +53.5% |
| Total equity and liabilities | 10/49 | €1,081,753 | €998,190 | -€83,563 | -7.7% |
| Equity | 10/15 | €147,343 | €145,746 | -€1,597 | -1.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | - | -€100,000 | |
| Issued capital | 100 | €100,000 | - | -€100,000 | |
| Contributions outside capital | 11 | - | €100,000 | +€100,000 | |
| Other | 1109/19 | - | €100,000 | +€100,000 | |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,343 | €35,746 | -€1,597 | -4.3% |
| Amounts payable | 17/49 | €934,410 | €852,444 | -€81,966 | -8.8% |
| Amounts payable after more than one year | 17 | €80,413 | €18,124 | -€62,289 | -77.5% |
| Financial debts | 170/4 | €80,413 | €18,124 | -€62,289 | -77.5% |
| Amounts payable within one year | 42/48 | €853,997 | €834,320 | -€19,677 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €59,835 | €59,311 | -€524 | -0.9% |
| Financial debts | 43 | €274,047 | €205,899 | -€68,148 | -24.9% |
| Credit institutions | 430/8 | €46,047 | €41,649 | -€4,398 | -9.6% |
| Other loans | 439 | €228,000 | €164,250 | -€63,750 | -28.0% |
| Trade debts | 44 | €353,556 | €382,115 | +€28,559 | +8.1% |
| Suppliers | 440/4 | €353,556 | €382,115 | +€28,559 | +8.1% |
| Taxes, remuneration and social security | 45 | €63,262 | €82,120 | +€18,858 | +29.8% |
| Taxes | 450/3 | €39,551 | €73,538 | +€33,987 | +85.9% |
| Remuneration and social security | 454/9 | €23,711 | €8,582 | -€15,129 | -63.8% |
| Other amounts payable | 47/48 | €103,297 | €104,875 | +€1,578 | +1.5% |
| Turnover | 70 | - | €1,404,569 | +€1.4m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €1,172,188 | +€1.2m | |
| Remuneration, social security and pensions | 62 | €33,372 | €15,876 | -€17,496 | -52.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €157,446 | €175,037 | +€17,591 | +11.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,552 | - | -€8,552 | |
| Other operating charges | 640/8 | €37,686 | €24,102 | -€13,584 | -36.0% |
| Gross operating margin | 9900 | €258,115 | €233,631 | -€24,484 | -9.5% |
| Operating profit (loss) | 9901 | €21,059 | €18,616 | -€2,443 | -11.6% |
| Financial income | 75/76B | €2,815 | €194 | -€2,621 | -93.1% |
| Recurring financial income | 75 | €2,815 | €194 | -€2,621 | -93.1% |
| Financial charges | 65/66B | €16,751 | €17,525 | +€774 | +4.6% |
| Recurring financial charges | 65 | €16,751 | €17,525 | +€774 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €7,123 | €1,285 | -€5,838 | -82.0% |
| Income taxes | 67/77 | - | €2,882 | +€2,882 | |
| Profit (loss) for the period | 9904 | €7,123 | -€1,597 | -€8,720 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,123 | -€1,597 | -€8,720 |
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 17 October 2026 via checked.be.