HSTTT: 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.
HSTTT
Largest movements
- Receivables within one year +€32,917
up €32,917 (+715.7%), from €4,599 to €37,516
of which Trade receivables: +€37,000
- Cash +€10,700
up €10,700 (+111.6%), from €9,592 to €20,292
mainly Net result for the year (+€36,948) and Tax, wage and social debts (+€11,516)
- Tangible fixed assets -€5,401
down €5,401 (-24.0%), from €22,502 to €17,101
of which Furniture and vehicles: -€5,096
- Profit (loss) carried forward +€36,948
up €36,948, from -€32,672 to €4,276
- Trade debts -€18,976
down €18,976 (-81.7%), from €23,215 to €4,239
- Tax, wage and social debts +€11,516
up €11,516 (+991.0%), from €1,162 to €12,678
of which Taxes: +€9,972
- Other debts +€7,856
up €7,856 (+18.1%), from €43,391 to €51,247
- Gross operating margin +€59,376
up €59,376 (+115.2%), from €51,538 to €110,914
- Staff costs +€33,419
up €33,419 (+148.9%), from €22,450 to €55,869
- Depreciation -€8,886
down €8,886 (-50.3%), from €17,659 to €8,773
- Taxes +€5,437
new in 2024: €5,437
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 | €53,696 | €91,040 | +€37,344 | +69.5% |
| Fixed assets | 21/28 | €27,108 | €20,835 | -€6,273 | -23.1% |
| Intangible fixed assets | 21 | €2,616 | €1,744 | -€872 | -33.3% |
| Tangible fixed assets | 22/27 | €22,502 | €17,101 | -€5,401 | -24.0% |
| Plant, machinery and equipment | 23 | €10,686 | €10,381 | -€305 | -2.9% |
| Furniture and vehicles | 24 | €11,816 | €6,720 | -€5,096 | -43.1% |
| Financial fixed assets | 28 | €1,990 | €1,990 | = | 0.0% |
| Current assets | 29/58 | €26,588 | €70,205 | +€43,617 | +164.0% |
| Stocks and contracts in progress | 3 | €12,397 | €12,397 | = | 0.0% |
| Stocks | 30/36 | €12,397 | €12,397 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,599 | €37,516 | +€32,917 | +715.7% |
| Trade receivables | 40 | - | €37,000 | +€37,000 | |
| Other amounts receivable | 41 | €4,599 | €516 | -€4,083 | -88.8% |
| Cash at bank and in hand | 54/58 | €9,592 | €20,292 | +€10,700 | +111.6% |
| Total equity and liabilities | 10/49 | €53,696 | €91,040 | +€37,344 | +69.5% |
| Equity | 10/15 | -€14,072 | €22,876 | +€36,948 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,672 | €4,276 | +€36,948 | |
| Amounts payable | 17/49 | €67,768 | €68,164 | +€396 | +0.6% |
| Amounts payable within one year | 42/48 | €67,768 | €68,164 | +€396 | +0.6% |
| Trade debts | 44 | €23,215 | €4,239 | -€18,976 | -81.7% |
| Suppliers | 440/4 | €23,215 | €4,239 | -€18,976 | -81.7% |
| Taxes, remuneration and social security | 45 | €1,162 | €12,678 | +€11,516 | +991.0% |
| Taxes | 450/3 | - | €9,972 | +€9,972 | |
| Remuneration and social security | 454/9 | €1,162 | €2,706 | +€1,544 | +132.9% |
| Other amounts payable | 47/48 | €43,391 | €51,247 | +€7,856 | +18.1% |
| Remuneration, social security and pensions | 62 | €22,450 | €55,869 | +€33,419 | +148.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,659 | €8,773 | -€8,886 | -50.3% |
| Other operating charges | 640/8 | €3,596 | €3,478 | -€118 | -3.3% |
| Gross operating margin | 9900 | €51,538 | €110,914 | +€59,376 | +115.2% |
| Operating profit (loss) | 9901 | €7,833 | €42,794 | +€34,961 | +446.3% |
| Financial charges | 65/66B | €253 | €409 | +€156 | +61.7% |
| Recurring financial charges | 65 | €253 | €409 | +€156 | +61.7% |
| Profit (loss) for the period before taxes | 9903 | €7,580 | €42,385 | +€34,805 | +459.2% |
| Income taxes | 67/77 | - | €5,437 | +€5,437 | |
| Profit (loss) for the period | 9904 | €7,580 | €36,948 | +€29,368 | +387.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,580 | €36,948 | +€29,368 | +387.4% |
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.