HTECH: 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.
HTECH
Largest movements
- Tangible fixed assets -€22,850
down €22,850 (-40.9%), from €55,849 to €32,999
of which Furniture and vehicles: -€22,553
- Receivables within one year +€10,732
up €10,732 (+127%), from €8,462 to €19,194
of which Trade receivables: +€9,468
- Intangible fixed assets -€2,500
down €2,500 (-11.6%), from €21,575 to €19,075
- Tax, wage and social debts -€24,253
no longer reported in 2024 (was €24,253)
- Other debts +€22,405
up €22,405 (+7,746%), from €289 to €22,694
- Profit (loss) carried forward -€12,187
down €12,187 (-39.1%), from €31,203 to €19,016
- Trade debts -€12,058
down €12,058 (-44.6%), from €27,053 to €14,995
- Short-term financial debts +€8,507
up €8,507 (+632%), from €1,347 to €9,853
- Gross operating margin -€23,479
down €23,479 (-41.0%), from €57,284 to €33,805
- Other operating charges +€9,396
up €9,396 (+512%), from €1,836 to €11,232
- Taxes -€5,790
no longer reported in 2024 (was €5,790)
- Depreciation +€3,348
up €3,348 (+12.7%), from €26,322 to €29,670
- Financial charges -€1,436
down €1,436 (-22.0%), from €6,530 to €5,094
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
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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €86,645 | €72,058 | -€14,587 | -16.8% |
| Fixed assets | 21/28 | €77,425 | €52,074 | -€25,350 | -32.7% |
| Intangible fixed assets | 21 | €21,575 | €19,075 | -€2,500 | -11.6% |
| Tangible fixed assets | 22/27 | €55,849 | €32,999 | -€22,850 | -40.9% |
| Plant, machinery and equipment | 23 | €1,397 | €1,099 | -€298 | -21.3% |
| Furniture and vehicles | 24 | €54,453 | €31,900 | -€22,553 | -41.4% |
| Current assets | 29/58 | €9,221 | €19,984 | +€10,763 | +117% |
| Amounts receivable within one year | 40/41 | €8,462 | €19,194 | +€10,732 | +127% |
| Trade receivables | 40 | €8,462 | €17,930 | +€9,468 | +112% |
| Other amounts receivable | 41 | - | €1,264 | +€1,264 | |
| Deferred charges and accrued income | 490/1 | €759 | €790 | +€31 | +4.1% |
| Total equity and liabilities | 10/49 | €86,645 | €72,058 | -€14,587 | -16.8% |
| Equity | 10/15 | €33,703 | €21,516 | -€12,187 | -36.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Capital | 10 | €2,500 | €2,500 | = | 0.0% |
| Issued capital | 100 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,203 | €19,016 | -€12,187 | -39.1% |
| Amounts payable | 17/49 | €52,942 | €50,542 | -€2,400 | -4.5% |
| Amounts payable within one year | 42/48 | €52,942 | €47,542 | -€5,400 | -10.2% |
| Financial debts | 43 | €1,347 | €9,853 | +€8,507 | +632% |
| Credit institutions | 430/8 | €1,347 | €9,853 | +€8,507 | +632% |
| Trade debts | 44 | €27,053 | €14,995 | -€12,058 | -44.6% |
| Suppliers | 440/4 | €27,053 | €14,995 | -€12,058 | -44.6% |
| Taxes, remuneration and social security | 45 | €24,253 | - | -€24,253 | |
| Taxes | 450/3 | €24,253 | - | -€24,253 | |
| Other amounts payable | 47/48 | €289 | €22,694 | +€22,405 | +7,746% |
| Accrued charges and deferred income | 492/3 | - | €3,000 | +€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,322 | €29,670 | +€3,348 | +12.7% |
| Other operating charges | 640/8 | €1,836 | €11,232 | +€9,396 | +512% |
| Gross operating margin | 9900 | €57,284 | €33,805 | -€23,479 | -41.0% |
| Operating profit (loss) | 9901 | €29,126 | -€7,096 | -€36,222 | |
| Financial income | 75/76B | €0 | €3 | +€3 | +2,171% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +2,171% |
| Financial charges | 65/66B | €6,530 | €5,094 | -€1,436 | -22.0% |
| Recurring financial charges | 65 | €6,530 | €5,094 | -€1,436 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €22,596 | -€12,187 | -€34,783 | |
| Income taxes | 67/77 | €5,790 | - | -€5,790 | |
| Profit (loss) for the period | 9904 | €16,806 | -€12,187 | -€28,993 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,806 | -€12,187 | -€28,993 |
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 14 October 2026 via checked.be.