HTB: 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.
HTB
Largest movements
- Current assets +€43,909
up €43,909 (+20.9%), from €209,754 to €253,663
of which Receivables within one year: +€47,470
- Tangible fixed assets -€4,517
down €4,517 (-46.4%), from €9,739 to €5,222
- Equity +€20,226
up €20,226 (+12.8%), from €157,853 to €178,079
of which Profit (loss) carried forward: +€20,226
- Debts within one year +€19,166
up €19,166 (+31.1%), from €61,640 to €80,806
- Gross operating margin -€86,660
down €86,660 (-72.5%), from €119,594 to €32,934
- Taxes -€23,258
down €23,258 (-71.1%), from €32,723 to €9,465
- Depreciation -€7,859
down €7,859 (-63.5%), from €12,376 to €4,517
From the 2019 result to the 2020 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €219,493 | €258,885 | +€39,392 | +17.9% |
| Fixed assets | 21/28 | €9,739 | €5,222 | -€4,517 | -46.4% |
| Tangible fixed assets | 22/27 | €9,739 | €5,222 | -€4,517 | -46.4% |
| Current assets | 29/58 | €209,754 | €253,663 | +€43,909 | +20.9% |
| Amounts receivable within one year | 40/41 | €205,276 | €252,746 | +€47,470 | +23.1% |
| Cash at bank and in hand | 54/58 | €3,887 | €298 | -€3,589 | -92.3% |
| Total equity and liabilities | 10/49 | €219,493 | €258,885 | +€39,392 | +17.9% |
| Equity | 10/15 | €157,853 | €178,079 | +€20,226 | +12.8% |
| Contributions | 10/11 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €3,860 | €3,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €135,393 | €155,619 | +€20,226 | +14.9% |
| Amounts payable | 17/49 | €61,640 | €80,806 | +€19,166 | +31.1% |
| Amounts payable within one year | 42/48 | €61,640 | €80,806 | +€19,166 | +31.1% |
| Trade debts | 44 | €16,446 | €24,146 | +€7,700 | +46.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,376 | €4,517 | -€7,859 | -63.5% |
| Gross operating margin | 9900 | €119,594 | €32,934 | -€86,660 | -72.5% |
| Operating profit (loss) | 9901 | €106,461 | €28,252 | -€78,209 | -73.5% |
| Recurring financial income | 75 | €1,091 | €2,155 | +€1,064 | +97.5% |
| Recurring financial charges | 65 | €636 | €716 | +€80 | +12.6% |
| Profit (loss) for the period before taxes | 9903 | €106,916 | €29,691 | -€77,225 | -72.2% |
| Income taxes | 67/77 | €32,723 | €9,465 | -€23,258 | -71.1% |
| Profit (loss) for the period | 9904 | €74,193 | €20,226 | -€53,967 | -72.7% |
| Profit (loss) for the period to be appropriated | 9905 | €74,193 | €20,226 | -€53,967 | -72.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2019 and 30 June 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.