HRT-IMMO: 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.
HRT-IMMO
Largest movements
- Receivables within one year +€85,101
up €85,101 (+92.0%), from €92,473 to €177,573
of which Trade receivables: +€74,637
- Short-term financial debts +€69,188
up €69,188 (+400%), from €17,304 to €86,492
- Debts after one year -€51,409
down €51,409 (-6.3%), from €819,851 to €768,442
of which Financial debts: -€51,409
- Current portion of long-term debt +€51,409
up €51,409 (+62.4%), from €82,440 to €133,848
- Gross operating margin -€124,523
down €124,523 (-91.2%), from €136,491 to €11,968
- Taxes -€27,710
no longer reported in 2024 (was €27,710)
- Financial charges -€20,382
down €20,382 (-97.2%), from €20,968 to €586
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 | €1,448,281 | €1,518,421 | +€70,140 | +4.8% |
| Fixed assets | 21/28 | €1,305,808 | €1,290,798 | -€15,010 | -1.1% |
| Tangible fixed assets | 22/27 | €1,282,528 | €1,267,518 | -€15,010 | -1.2% |
| Land and buildings | 22 | €922,531 | €908,838 | -€13,693 | -1.5% |
| Plant, machinery and equipment | 23 | €1,262 | €898 | -€363 | -28.8% |
| Other tangible fixed assets | 26 | €358,735 | €357,782 | -€953 | -0.3% |
| Financial fixed assets | 28 | €23,280 | €23,280 | = | 0.0% |
| Current assets | 29/58 | €142,473 | €227,622 | +€85,149 | +59.8% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Trade receivables | 290 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €92,473 | €177,573 | +€85,101 | +92.0% |
| Trade receivables | 40 | €189 | €74,826 | +€74,637 | +39,491% |
| Other amounts receivable | 41 | €92,284 | €102,747 | +€10,463 | +11.3% |
| Cash at bank and in hand | 54/58 | - | €49 | +€49 | |
| Total equity and liabilities | 10/49 | €1,448,281 | €1,518,421 | +€70,140 | +4.8% |
| Equity | 10/15 | €178,390 | €174,762 | -€3,628 | -2.0% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €4,913 | €4,913 | = | 0.0% |
| Non-distributable reserves | 130/1 | €246 | €246 | = | 0.0% |
| Reserves not available under the articles | 1311 | €246 | €246 | = | 0.0% |
| Distributable reserves | 133 | €4,667 | €4,667 | = | 0.0% |
| Profit (loss) carried forward | 14 | €113,477 | €109,849 | -€3,628 | -3.2% |
| Amounts payable | 17/49 | €1,269,891 | €1,343,659 | +€73,768 | +5.8% |
| Amounts payable after more than one year | 17 | €819,851 | €768,442 | -€51,409 | -6.3% |
| Financial debts | 170/4 | €799,851 | €748,442 | -€51,409 | -6.4% |
| Other amounts payable | 178/9 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €446,690 | €571,866 | +€125,176 | +28.0% |
| Current portion of amounts payable after more than one year | 42 | €82,440 | €133,848 | +€51,409 | +62.4% |
| Financial debts | 43 | €17,304 | €86,492 | +€69,188 | +400% |
| Credit institutions | 430/8 | €17,304 | €86,492 | +€69,188 | +400% |
| Trade debts | 44 | €55,780 | €61,078 | +€5,298 | +9.5% |
| Suppliers | 440/4 | €55,780 | €61,078 | +€5,298 | +9.5% |
| Taxes, remuneration and social security | 45 | €94,554 | €82,725 | -€11,829 | -12.5% |
| Taxes | 450/3 | €85,728 | €82,725 | -€3,003 | -3.5% |
| Remuneration and social security | 454/9 | €8,826 | - | -€8,826 | |
| Other amounts payable | 47/48 | €196,612 | €207,722 | +€11,111 | +5.7% |
| Accrued charges and deferred income | 492/3 | €3,351 | €3,351 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,010 | €15,010 | = | 0.0% |
| Other operating charges | 640/8 | €1,040 | - | -€1,040 | |
| Gross operating margin | 9900 | €136,491 | €11,968 | -€124,523 | -91.2% |
| Operating profit (loss) | 9901 | €120,441 | -€3,042 | -€123,483 | |
| Financial charges | 65/66B | €20,968 | €586 | -€20,382 | -97.2% |
| Recurring financial charges | 65 | €20,968 | €586 | -€20,382 | -97.2% |
| Profit (loss) for the period before taxes | 9903 | €99,473 | -€3,628 | -€103,101 | |
| Income taxes | 67/77 | €27,710 | - | -€27,710 | |
| Profit (loss) for the period | 9904 | €71,763 | -€3,628 | -€75,390 | |
| Profit (loss) for the period to be appropriated | 9905 | €71,763 | -€3,628 | -€75,390 |
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 20 October 2026 via checked.be.