HS & Partners: 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.
HS & Partners
Largest movements
- Cash -€203,499
down €203,499 (-79.3%), from €256,600 to €53,101
mainly Other debts (-€165,000) and Contributions, distributions and other (-€130,000)
- Other debts -€165,000
down €165,000 (-55.9%), from €295,000 to €130,000
- Debts after one year -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Profit (loss) carried forward +€45,721
up €45,721 (+3313.1%), from €1,380 to €47,101
- Tax, wage and social debts -€34,300
no longer reported in 2024 (was €34,300)
- Financial income +€30,000
up €30,000 (+20.0%), from €150,000 to €180,000
- Gross operating margin -€2,074
down €2,074 (-165.3%), from -€1,255 to -€3,329
- Financial charges -€501
down €501 (-34.5%), from €1,451 to €950
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 | €1,006,680 | €803,101 | -€203,579 | -20.2% |
| Fixed assets | 21/28 | €750,080 | €750,000 | -€80 | 0.0% |
| Financial fixed assets | 28 | €750,080 | €750,000 | -€80 | 0.0% |
| Current assets | 29/58 | €256,600 | €53,101 | -€203,499 | -79.3% |
| Cash at bank and in hand | 54/58 | €256,600 | €53,101 | -€203,499 | -79.3% |
| Total equity and liabilities | 10/49 | €1,006,680 | €803,101 | -€203,579 | -20.2% |
| Equity | 10/15 | €577,380 | €623,101 | +€45,721 | +7.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €476,000 | €476,000 | = | 0.0% |
| Distributable reserves | 133 | €476,000 | €476,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,380 | €47,101 | +€45,721 | +3313.1% |
| Amounts payable | 17/49 | €429,300 | €180,000 | -€249,300 | -58.1% |
| Amounts payable after more than one year | 17 | €50,000 | €0 | -€50,000 | -100.0% |
| Financial debts | 170/4 | €50,000 | €0 | -€50,000 | -100.0% |
| Amounts payable within one year | 42/48 | €379,300 | €180,000 | -€199,300 | -52.5% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €34,300 | - | -€34,300 | |
| Taxes | 450/3 | €34,300 | - | -€34,300 | |
| Other amounts payable | 47/48 | €295,000 | €130,000 | -€165,000 | -55.9% |
| Gross operating margin | 9900 | -€1,255 | -€3,329 | -€2,074 | -165.3% |
| Operating profit (loss) | 9901 | -€1,255 | -€3,329 | -€2,074 | -165.3% |
| Financial income | 75/76B | €150,000 | €180,000 | +€30,000 | +20.0% |
| Recurring financial income | 75 | €150,000 | €180,000 | +€30,000 | +20.0% |
| Financial charges | 65/66B | €1,451 | €950 | -€501 | -34.5% |
| Recurring financial charges | 65 | €1,451 | €950 | -€501 | -34.5% |
| Profit (loss) for the period before taxes | 9903 | €147,294 | €175,721 | +€28,427 | +19.3% |
| Profit (loss) for the period | 9904 | €147,294 | €175,721 | +€28,427 | +19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €147,294 | €175,721 | +€28,427 | +19.3% |
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 6 October 2026 via checked.be.