HVN.COM: 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.
HVN.COM
Largest movements
- Receivables within one year +€5,168
up €5,168 (+373.6%), from €1,383 to €6,552
of which Other amounts receivable: +€5,275
- Tangible fixed assets +€4,906
new in 2024: €4,906
- Stocks and contracts +€4,900
up €4,900 (+18.5%), from €26,524 to €31,424
- Cash -€734
down €734 (-42.6%), from €1,723 to €989
mainly Investment in fixed assets (net) (-€5,500) and Receivables within one year (-€5,168)
- Deferred charges and accrued income -€629
down €629 (-50.3%), from €1,252 to €622
- Trade debts +€8,433
new in 2024: €8,433
- Tax, wage and social debts +€6,600
new in 2024: €6,600
- Profit (loss) carried forward -€1,865
down €1,865 (-122.0%), from -€1,529 to -€3,394
- Other operating charges +€1,266
up €1,266 (+660.4%), from €192 to €1,458
- Gross operating margin -€1,005
down €1,005 (-24.4%), from €4,117 to €3,112
- Taxes +€682
new in 2024: €682
- Depreciation +€594
new in 2024: €594
- Financial charges +€79
up €79 (+3.7%), from €2,164 to €2,244
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 | €30,883 | €44,494 | +€13,611 | +44.1% |
| Fixed assets | 21/28 | - | €4,906 | +€4,906 | |
| Tangible fixed assets | 22/27 | - | €4,906 | +€4,906 | |
| Furniture and vehicles | 24 | - | €4,906 | +€4,906 | |
| Current assets | 29/58 | €30,883 | €39,587 | +€8,705 | +28.2% |
| Stocks and contracts in progress | 3 | €26,524 | €31,424 | +€4,900 | +18.5% |
| Stocks | 30/36 | €26,524 | €31,424 | +€4,900 | +18.5% |
| Amounts receivable within one year | 40/41 | €1,383 | €6,552 | +€5,168 | +373.6% |
| Trade receivables | 40 | €107 | - | -€107 | |
| Other amounts receivable | 41 | €1,277 | €6,552 | +€5,275 | +413.1% |
| Cash at bank and in hand | 54/58 | €1,723 | €989 | -€734 | -42.6% |
| Deferred charges and accrued income | 490/1 | €1,252 | €622 | -€629 | -50.3% |
| Total equity and liabilities | 10/49 | €30,883 | €44,494 | +€13,611 | +44.1% |
| Equity | 10/15 | €8,471 | €6,606 | -€1,865 | -22.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | - | -€10,000 | |
| Issued capital | 100 | €10,000 | - | -€10,000 | |
| Contributions outside capital | 11 | - | €10,000 | +€10,000 | |
| Other | 1109/19 | - | €10,000 | +€10,000 | |
| Profit (loss) carried forward | 14 | -€1,529 | -€3,394 | -€1,865 | -122.0% |
| Amounts payable | 17/49 | €22,412 | €37,888 | +€15,476 | +69.1% |
| Amounts payable within one year | 42/48 | €22,412 | €37,888 | +€15,476 | +69.1% |
| Trade debts | 44 | - | €8,433 | +€8,433 | |
| Suppliers | 440/4 | - | €8,433 | +€8,433 | |
| Taxes, remuneration and social security | 45 | - | €6,600 | +€6,600 | |
| Remuneration and social security | 454/9 | - | €6,600 | +€6,600 | |
| Other amounts payable | 47/48 | €22,412 | €22,854 | +€443 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €594 | +€594 | |
| Other operating charges | 640/8 | €192 | €1,458 | +€1,266 | +660.4% |
| Gross operating margin | 9900 | €4,117 | €3,112 | -€1,005 | -24.4% |
| Operating profit (loss) | 9901 | €3,925 | €1,061 | -€2,864 | -73.0% |
| Financial charges | 65/66B | €2,164 | €2,244 | +€79 | +3.7% |
| Recurring financial charges | 65 | €2,164 | €2,244 | +€79 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | €1,761 | -€1,183 | -€2,944 | |
| Income taxes | 67/77 | - | €682 | +€682 | |
| Profit (loss) for the period | 9904 | €1,761 | -€1,865 | -€3,626 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,761 | -€1,865 | -€3,626 |
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 9 October 2026 via checked.be.