IHA: 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.
IHA
Largest movements
- Receivables within one year +€214,192
up €214,192 (+73.0%), from €293,387 to €507,579
of which Trade receivables: +€195,806
- Tangible fixed assets -€16,399
down €16,399 (-3.0%), from €554,580 to €538,181
of which Land and buildings: -€33,711
- Trade debts +€248,983
up €248,983 (+101.9%), from €244,379 to €493,362
- Reserves -€32,003
down €32,003 (-22.9%), from €139,933 to €107,930
of which Distributable reserves: -€32,003
- Debts after one year -€24,346
down €24,346 (-6.1%), from €396,340 to €371,994
of which Trade debts: -€23,341
- Staff costs -€53,821
down €53,821 (-99.9%), from €53,895 to €73
- Other operating charges +€35,487
up €35,487 (+372.0%), from €9,540 to €45,028
- Depreciation +€27,984
up €27,984 (+37.8%), from €74,016 to €102,001
- Gross operating margin +€10,613
up €10,613 (+9.2%), from €115,916 to €126,528
- Financial income -€7,335
down €7,335 (-45.4%), from €16,144 to €8,810
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 | €867,822 | €1,074,478 | +€206,656 | +23.8% |
| Fixed assets | 21/28 | €554,580 | €538,181 | -€16,399 | -3.0% |
| Tangible fixed assets | 22/27 | €554,580 | €538,181 | -€16,399 | -3.0% |
| Land and buildings | 22 | €337,235 | €303,523 | -€33,711 | -10.0% |
| Plant, machinery and equipment | 23 | €1,309 | €443 | -€866 | -66.2% |
| Furniture and vehicles | 24 | €216,037 | €212,459 | -€3,577 | -1.7% |
| Leasing and similar rights | 25 | - | €21,755 | +€21,755 | |
| Current assets | 29/58 | €313,242 | €536,297 | +€223,056 | +71.2% |
| Amounts receivable within one year | 40/41 | €293,387 | €507,579 | +€214,192 | +73.0% |
| Trade receivables | 40 | €203,145 | €398,951 | +€195,806 | +96.4% |
| Other amounts receivable | 41 | €90,242 | €108,628 | +€18,386 | +20.4% |
| Cash at bank and in hand | 54/58 | €11,244 | €16,568 | +€5,324 | +47.4% |
| Deferred charges and accrued income | 490/1 | €8,611 | €12,150 | +€3,539 | +41.1% |
| Total equity and liabilities | 10/49 | €867,822 | €1,074,478 | +€206,656 | +23.8% |
| Equity | 10/15 | €146,433 | €114,430 | -€32,003 | -21.9% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Outside capital | 11 | €6,500 | €6,500 | = | 0.0% |
| Other | 1109/19 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €139,933 | €107,930 | -€32,003 | -22.9% |
| Non-distributable reserves | 130/1 | €12,292 | €12,292 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,292 | €12,292 | = | 0.0% |
| Tax-exempt reserves | 132 | €48,250 | €48,250 | = | 0.0% |
| Distributable reserves | 133 | €79,391 | €47,388 | -€32,003 | -40.3% |
| Amounts payable | 17/49 | €721,388 | €960,048 | +€238,660 | +33.1% |
| Amounts payable after more than one year | 17 | €396,340 | €371,994 | -€24,346 | -6.1% |
| Financial debts | 170/4 | €368,449 | €366,744 | -€1,705 | -0.5% |
| Trade debts | 175 | €23,341 | - | -€23,341 | |
| Other amounts payable | 178/9 | €4,550 | €5,250 | +€700 | +15.4% |
| Amounts payable within one year | 42/48 | €325,048 | €588,054 | +€263,006 | +80.9% |
| Current portion of amounts payable after more than one year | 42 | €70,622 | €78,006 | +€7,384 | +10.5% |
| Trade debts | 44 | €244,379 | €493,362 | +€248,983 | +101.9% |
| Suppliers | 440/4 | €244,379 | €493,362 | +€248,983 | +101.9% |
| Taxes, remuneration and social security | 45 | €10,048 | €16,686 | +€6,639 | +66.1% |
| Taxes | 450/3 | - | €577 | +€577 | |
| Remuneration and social security | 454/9 | €10,048 | €16,109 | +€6,062 | +60.3% |
| Remuneration, social security and pensions | 62 | €53,895 | €73 | -€53,821 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,016 | €102,001 | +€27,984 | +37.8% |
| Other operating charges | 640/8 | €9,540 | €45,028 | +€35,487 | +372.0% |
| Gross operating margin | 9900 | €115,916 | €126,528 | +€10,613 | +9.2% |
| Operating profit (loss) | 9901 | -€21,536 | -€20,573 | +€962 | +4.5% |
| Financial income | 75/76B | €16,144 | €8,810 | -€7,335 | -45.4% |
| Recurring financial income | 75 | €16,144 | €8,810 | -€7,335 | -45.4% |
| Financial charges | 65/66B | €13,467 | €18,732 | +€5,265 | +39.1% |
| Recurring financial charges | 65 | €13,467 | €18,732 | +€5,265 | +39.1% |
| Profit (loss) for the period before taxes | 9903 | -€18,859 | -€30,496 | -€11,637 | -61.7% |
| Income taxes | 67/77 | €1,018 | €1,508 | +€490 | +48.1% |
| Profit (loss) for the period | 9904 | -€19,877 | -€32,003 | -€12,127 | -61.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,877 | -€32,003 | -€12,127 | -61.0% |
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 1 October 2026 via checked.be.