HTKS: 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.
HTKS
Largest movements
- Receivables within one year +€1.6m
up €1.6m (+93.7%), from €1.7m to €3.3m
of which Trade receivables: +€862,084
- Stocks and contracts +€308,327
up €308,327 (+42.9%), from €718,303 to €1.0m
- Trade debts +€1.5m
up €1.5m (+1795.2%), from €81,993 to €1.6m
- Short-term financial debts +€500,543
up €500,543 (+250.3%), from €200,000 to €700,543
of which Other loans: +€457,462
- Tax, wage and social debts -€167,657
down €167,657 (-58.8%), from €285,147 to €117,490
of which Taxes: -€162,023
- Other debts +€137,819
up €137,819 (+17.7%), from €777,834 to €915,653
- Debts after one year -€123,652
down €123,652 (-15.9%), from €775,897 to €652,246
- Gross operating margin -€242,551
down €242,551 (-24.5%), from €991,598 to €749,047
- Staff costs -€178,173
down €178,173 (-27.1%), from €657,862 to €479,688
- Taxes -€63,141
down €63,141 (-66.4%), from €95,141 to €32,000
- Depreciation -€40,392
down €40,392 (-44.0%), from €91,850 to €51,457
- Financial charges +€36,580
up €36,580 (+73.5%), from €49,744 to €86,324
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 | €5,149,051 | €6,965,021 | +€1.8m | +35.3% |
| Fixed assets | 21/28 | €2,473,316 | €2,442,730 | -€30,586 | -1.2% |
| Tangible fixed assets | 22/27 | €2,462,441 | €2,436,805 | -€25,636 | -1.0% |
| Land and buildings | 22 | €2,355,041 | €2,413,238 | +€58,198 | +2.5% |
| Furniture and vehicles | 24 | €107,400 | €23,567 | -€83,833 | -78.1% |
| Financial fixed assets | 28 | €10,875 | €5,925 | -€4,950 | -45.5% |
| Current assets | 29/58 | €2,675,734 | €4,522,291 | +€1.8m | +69.0% |
| Amounts receivable after more than one year | 29 | €200,000 | €200,000 | = | 0.0% |
| Trade receivables | 290 | €200,000 | €200,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €718,303 | €1,026,630 | +€308,327 | +42.9% |
| Stocks | 30/36 | €718,303 | €1,026,630 | +€308,327 | +42.9% |
| Amounts receivable within one year | 40/41 | €1,683,583 | €3,260,953 | +€1.6m | +93.7% |
| Trade receivables | 40 | €1,409,509 | €2,271,593 | +€862,084 | +61.2% |
| Other amounts receivable | 41 | €274,074 | €989,360 | +€715,285 | +261.0% |
| Cash at bank and in hand | 54/58 | €37,087 | - | -€37,087 | |
| Deferred charges and accrued income | 490/1 | €36,761 | €34,709 | -€2,053 | -5.6% |
| Total equity and liabilities | 10/49 | €5,149,051 | €6,965,021 | +€1.8m | +35.3% |
| Equity | 10/15 | €2,836,994 | €2,890,564 | +€53,570 | +1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,818,394 | €2,871,964 | +€53,570 | +1.9% |
| Distributable reserves | 133 | €2,818,394 | €2,871,964 | +€53,570 | +1.9% |
| Amounts payable | 17/49 | €2,312,057 | €4,074,458 | +€1.8m | +76.2% |
| Amounts payable after more than one year | 17 | €775,897 | €652,246 | -€123,652 | -15.9% |
| Financial debts | 170/4 | €775,897 | €652,246 | -€123,652 | -15.9% |
| Amounts payable within one year | 42/48 | €1,529,674 | €3,418,817 | +€1.9m | +123.5% |
| Current portion of amounts payable after more than one year | 42 | €184,700 | €131,238 | -€53,462 | -28.9% |
| Financial debts | 43 | €200,000 | €700,543 | +€500,543 | +250.3% |
| Credit institutions | 430/8 | €200,000 | €243,081 | +€43,081 | +21.5% |
| Other loans | 439 | - | €457,462 | +€457,462 | |
| Trade debts | 44 | €81,993 | €1,553,893 | +€1.5m | +1795.2% |
| Suppliers | 440/4 | €81,993 | €1,553,893 | +€1.5m | +1795.2% |
| Taxes, remuneration and social security | 45 | €285,147 | €117,490 | -€167,657 | -58.8% |
| Taxes | 450/3 | €216,831 | €54,809 | -€162,023 | -74.7% |
| Remuneration and social security | 454/9 | €68,316 | €62,681 | -€5,635 | -8.2% |
| Other amounts payable | 47/48 | €777,834 | €915,653 | +€137,819 | +17.7% |
| Accrued charges and deferred income | 492/3 | €6,485 | €3,395 | -€3,090 | -47.6% |
| Remuneration, social security and pensions | 62 | €657,862 | €479,688 | -€178,173 | -27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,850 | €51,457 | -€40,392 | -44.0% |
| Other operating charges | 640/8 | €23,858 | €53,074 | +€29,216 | +122.5% |
| Gross operating margin | 9900 | €991,598 | €749,047 | -€242,551 | -24.5% |
| Operating profit (loss) | 9901 | €218,029 | €164,827 | -€53,202 | -24.4% |
| Financial income | 75/76B | €1,200 | €7,067 | +€5,867 | +488.9% |
| Recurring financial income | 75 | €1,200 | €7,067 | +€5,867 | +488.9% |
| Financial charges | 65/66B | €49,744 | €86,324 | +€36,580 | +73.5% |
| Recurring financial charges | 65 | €49,744 | €86,324 | +€36,580 | +73.5% |
| Profit (loss) for the period before taxes | 9903 | €169,485 | €85,570 | -€83,915 | -49.5% |
| Income taxes | 67/77 | €95,141 | €32,000 | -€63,141 | -66.4% |
| Profit (loss) for the period | 9904 | €74,344 | €53,570 | -€20,774 | -27.9% |
| Profit (loss) for the period to be appropriated | 9905 | €74,344 | €53,570 | -€20,774 | -27.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.