HR-TECHNOLOGIES: 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.
HR-TECHNOLOGIES
Largest movements
- Receivables within one year +€40,655
up €40,655 (+25.9%), from €156,761 to €197,416
of which Trade receivables: +€36,210
- Cash +€31,312
up €31,312 (+51.9%), from €60,304 to €91,616
mainly Contributions, distributions and other (+€363,000) and Depreciation (+€52,875)
- Financial fixed assets +€27,172
up €27,172 (+4.2%), from €642,739 to €669,911
- Contributions +€363,000
up €363,000 (+90.5%), from €401,186 to €764,186
- Debts after one year -€225,200
no longer reported in 2024 (was €225,200)
- Other debts -€99,419
no longer reported in 2024 (was €99,419)
- Profit (loss) carried forward +€44,277
up €44,277 (+16.3%), from -€271,400 to -€227,123
- Accrued charges and deferred income +€25,781
up €25,781 (+6.9%), from €372,671 to €398,452
- Staff costs +€21,662
up €21,662 (+7.0%), from €310,359 to €332,021
- Taxes +€13,665
up €13,665 (+166.5%), from €8,206 to €21,871
- Gross operating margin +€5,758
up €5,758 (+1.3%), from €444,701 to €450,459
- Depreciation -€4,617
down €4,617 (-8.0%), from €57,493 to €52,875
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 | €1,000,645 | €1,111,284 | +€110,639 | +11.1% |
| Fixed assets | 21/28 | €780,181 | €816,139 | +€35,957 | +4.6% |
| Intangible fixed assets | 21 | €136,239 | €145,537 | +€9,298 | +6.8% |
| Tangible fixed assets | 22/27 | €1,203 | €691 | -€512 | -42.5% |
| Furniture and vehicles | 24 | €1,203 | €691 | -€512 | -42.5% |
| Financial fixed assets | 28 | €642,739 | €669,911 | +€27,172 | +4.2% |
| Current assets | 29/58 | €220,464 | €295,145 | +€74,682 | +33.9% |
| Amounts receivable within one year | 40/41 | €156,761 | €197,416 | +€40,655 | +25.9% |
| Trade receivables | 40 | €156,761 | €192,971 | +€36,210 | +23.1% |
| Other amounts receivable | 41 | - | €4,445 | +€4,445 | |
| Cash at bank and in hand | 54/58 | €60,304 | €91,616 | +€31,312 | +51.9% |
| Deferred charges and accrued income | 490/1 | €3,399 | €6,113 | +€2,714 | +79.9% |
| Total equity and liabilities | 10/49 | €1,000,645 | €1,111,284 | +€110,639 | +11.1% |
| Equity | 10/15 | €148,536 | €555,813 | +€407,277 | +274.2% |
| Contributions | 10/11 | €401,186 | €764,186 | +€363,000 | +90.5% |
| Capital | 10 | €401,186 | €764,186 | +€363,000 | +90.5% |
| Issued capital | 100 | €401,186 | €764,186 | +€363,000 | +90.5% |
| Reserves | 13 | €18,750 | €18,750 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€271,400 | -€227,123 | +€44,277 | +16.3% |
| Amounts payable | 17/49 | €852,109 | €555,471 | -€296,638 | -34.8% |
| Amounts payable after more than one year | 17 | €225,200 | - | -€225,200 | |
| Other amounts payable | 178/9 | €225,200 | - | -€225,200 | |
| Amounts payable within one year | 42/48 | €254,238 | €157,019 | -€97,220 | -38.2% |
| Financial debts | 43 | €25,000 | €25,000 | = | 0.0% |
| Credit institutions | 430/8 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €35,836 | €33,374 | -€2,462 | -6.9% |
| Suppliers | 440/4 | €35,836 | €33,374 | -€2,462 | -6.9% |
| Taxes, remuneration and social security | 45 | €93,983 | €98,645 | +€4,661 | +5.0% |
| Taxes | 450/3 | €48,781 | €55,504 | +€6,723 | +13.8% |
| Remuneration and social security | 454/9 | €45,203 | €43,140 | -€2,062 | -4.6% |
| Other amounts payable | 47/48 | €99,419 | - | -€99,419 | |
| Accrued charges and deferred income | 492/3 | €372,671 | €398,452 | +€25,781 | +6.9% |
| Non-recurring operating income | 76A | €804 | €7,296 | +€6,492 | +807.1% |
| Remuneration, social security and pensions | 62 | €310,359 | €332,021 | +€21,662 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,493 | €52,875 | -€4,617 | -8.0% |
| Other operating charges | 640/8 | €1,114 | €2,147 | +€1,033 | +92.8% |
| Non-recurring operating charges | 66A | €111 | €690 | +€579 | +520.8% |
| Gross operating margin | 9900 | €444,701 | €450,459 | +€5,758 | +1.3% |
| Operating profit (loss) | 9901 | €75,625 | €62,726 | -€12,898 | -17.1% |
| Financial income | 75/76B | €25,233 | €27,850 | +€2,618 | +10.4% |
| Recurring financial income | 75 | €25,233 | €27,850 | +€2,618 | +10.4% |
| Financial charges | 65/66B | €27,346 | €24,429 | -€2,917 | -10.7% |
| Recurring financial charges | 65 | €27,346 | €24,429 | -€2,917 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €73,511 | €66,148 | -€7,363 | -10.0% |
| Income taxes | 67/77 | €8,206 | €21,871 | +€13,665 | +166.5% |
| Profit (loss) for the period | 9904 | €65,305 | €44,277 | -€21,028 | -32.2% |
| Profit (loss) for the period to be appropriated | 9905 | €65,305 | €44,277 | -€21,028 | -32.2% |
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 1 October 2026 via checked.be.