HS-COMPANY: 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.
HS-COMPANY
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts -€13,232
down €13,232 (-4.0%), from €332,718 to €319,486
- Profit (loss) carried forward +€11,053
up €11,053 (+4.1%), from -€271,048 to -€259,995
- Other operating charges -€2,979
down €2,979 (-29.1%), from €10,232 to €7,253
- Gross operating margin -€1,826
down €1,826 (-7.0%), from €25,908 to €24,082
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 | €644,067 | €633,836 | -€10,231 | -1.6% |
| Fixed assets | 21/28 | €637,396 | €631,809 | -€5,587 | -0.9% |
| Tangible fixed assets | 22/27 | €635,053 | €629,466 | -€5,587 | -0.9% |
| Land and buildings | 22 | €591,894 | €591,894 | = | 0.0% |
| Plant, machinery and equipment | 23 | €43,159 | €37,572 | -€5,587 | -12.9% |
| Financial fixed assets | 28 | €2,343 | €2,343 | = | 0.0% |
| Current assets | 29/58 | €6,671 | €2,027 | -€4,644 | -69.6% |
| Amounts receivable within one year | 40/41 | €4,244 | €1,216 | -€3,028 | -71.3% |
| Trade receivables | 40 | €4,244 | €1,216 | -€3,028 | -71.3% |
| Cash at bank and in hand | 54/58 | €2,004 | €811 | -€1,193 | -59.5% |
| Deferred charges and accrued income | 490/1 | €423 | - | -€423 | |
| Total equity and liabilities | 10/49 | €644,067 | €633,836 | -€10,231 | -1.6% |
| Equity | 10/15 | €299,403 | €310,456 | +€11,053 | +3.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €550,000 | €550,000 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€271,048 | -€259,995 | +€11,053 | +4.1% |
| Amounts payable | 17/49 | €344,664 | €323,380 | -€21,284 | -6.2% |
| Amounts payable after more than one year | 17 | €4,082 | €1,928 | -€2,154 | -52.8% |
| Other amounts payable | 178/9 | €4,082 | €1,928 | -€2,154 | -52.8% |
| Amounts payable within one year | 42/48 | €340,582 | €321,452 | -€19,130 | -5.6% |
| Trade debts | 44 | €6,065 | €230 | -€5,835 | -96.2% |
| Suppliers | 440/4 | €6,065 | €230 | -€5,835 | -96.2% |
| Taxes, remuneration and social security | 45 | €1,799 | €1,736 | -€63 | -3.5% |
| Taxes | 450/3 | €1,799 | €1,736 | -€63 | -3.5% |
| Other amounts payable | 47/48 | €332,718 | €319,486 | -€13,232 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,587 | €5,587 | = | 0.0% |
| Other operating charges | 640/8 | €10,232 | €7,253 | -€2,979 | -29.1% |
| Gross operating margin | 9900 | €25,908 | €24,082 | -€1,826 | -7.0% |
| Operating profit (loss) | 9901 | €10,089 | €11,242 | +€1,153 | +11.4% |
| Financial charges | 65/66B | €68 | €189 | +€121 | +178% |
| Recurring financial charges | 65 | €68 | €189 | +€121 | +178% |
| Profit (loss) for the period before taxes | 9903 | €10,021 | €11,053 | +€1,032 | +10.3% |
| Profit (loss) for the period | 9904 | €10,021 | €11,053 | +€1,032 | +10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,021 | €11,053 | +€1,032 | +10.3% |
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 25 October 2026 via checked.be.