JH CONVENT: 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.
JH CONVENT
Largest movements
- Current assets +€42,689
up €42,689 (+69.8%), from €61,158 to €103,847
of which Receivables after one year: +€41,000
- Tangible fixed assets +€8,387
up €8,387 (+370.6%), from €2,263 to €10,650
of which Furniture and vehicles: +€9,506
- Debts +€50,389
up €50,389 (+20.5%), from €246,195 to €296,585
of which Debts within one year: +€52,276
- Gross operating margin +€18,559
up €18,559 (+41.4%), from €44,789 to €63,348
- Financial charges +€11,644
new in 2021: €11,644
- Taxes +€8,872
up €8,872 (+146.5%), from €6,057 to €14,929
- Other operating charges +€5,042
new in 2021: €5,042
- Financial income +€1,160
new in 2021: €1,160
From the 2020 result to the 2021 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €292,442 | €343,517 | +€51,075 | +17.5% |
| Fixed assets | 21/28 | €231,284 | €239,671 | +€8,387 | +3.6% |
| Tangible fixed assets | 22/27 | €2,263 | €10,650 | +€8,387 | +370.6% |
| Furniture and vehicles | 24 | - | €9,506 | +€9,506 | |
| Other tangible fixed assets | 26 | - | €1,143 | +€1,143 | |
| Financial fixed assets | 28 | €229,021 | €229,021 | = | 0.0% |
| Current assets | 29/58 | €61,158 | €103,847 | +€42,689 | +69.8% |
| Amounts receivable after more than one year | 29 | - | €41,000 | +€41,000 | |
| Other amounts receivable | 291 | - | €41,000 | +€41,000 | |
| Amounts receivable within one year | 40/41 | €50,766 | €48,638 | -€2,128 | -4.2% |
| Trade receivables | 40 | - | €37,471 | +€37,471 | |
| Other amounts receivable | 41 | - | €11,167 | +€11,167 | |
| Cash at bank and in hand | 54/58 | €38 | €192 | +€153 | +400.5% |
| Deferred charges and accrued income | 490/1 | - | €14,017 | +€14,017 | |
| Total equity and liabilities | 10/49 | €292,442 | €343,517 | +€51,075 | +17.5% |
| Equity | 10/15 | €46,247 | €46,933 | +€686 | +1.5% |
| Contributions | 10/11 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €40,047 | €40,733 | +€686 | +1.7% |
| Non-distributable reserves | 130/1 | - | €1,855 | +€1,855 | |
| Reserves not available under the articles | 1311 | - | €1,855 | +€1,855 | |
| Distributable reserves | 133 | - | €38,878 | +€38,878 | |
| Amounts payable | 17/49 | €246,195 | €296,585 | +€50,389 | +20.5% |
| Amounts payable after more than one year | 17 | €84,949 | €81,000 | -€3,949 | -4.6% |
| Financial debts | 170/4 | - | €81,000 | +€81,000 | |
| Amounts payable within one year | 42/48 | €157,251 | €209,528 | +€52,276 | +33.2% |
| Current portion of amounts payable after more than one year | 42 | - | €72,597 | +€72,597 | |
| Financial debts | 43 | - | €9,859 | +€9,859 | |
| Credit institutions | 430/8 | - | €9,859 | +€9,859 | |
| Trade debts | 44 | €10,645 | €14,845 | +€4,200 | +39.5% |
| Suppliers | 440/4 | - | €14,845 | +€14,845 | |
| Advances received on contracts in progress | 46 | - | €6,287 | +€6,287 | |
| Taxes, remuneration and social security | 45 | - | €39,087 | +€39,087 | |
| Taxes | 450/3 | - | €39,087 | +€39,087 | |
| Other amounts payable | 47/48 | - | €66,852 | +€66,852 | |
| Accrued charges and deferred income | 492/3 | - | €6,058 | +€6,058 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,146 | €2,208 | +€1,061 | +92.6% |
| Other operating charges | 640/8 | - | €5,042 | +€5,042 | |
| Gross operating margin | 9900 | €44,789 | €63,348 | +€18,559 | +41.4% |
| Operating profit (loss) | 9901 | €41,523 | €56,099 | +€14,576 | +35.1% |
| Financial income | 75/76B | - | €1,160 | +€1,160 | |
| Recurring financial income | 75 | €2,108 | €1,160 | -€947 | -44.9% |
| Financial charges | 65/66B | - | €11,644 | +€11,644 | |
| Recurring financial charges | 65 | €6,045 | €11,644 | +€5,599 | +92.6% |
| Profit (loss) for the period before taxes | 9903 | €37,585 | €45,615 | +€8,030 | +21.4% |
| Income taxes | 67/77 | €6,057 | €14,929 | +€8,872 | +146.5% |
| Profit (loss) for the period | 9904 | €31,529 | €30,686 | -€843 | -2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,529 | €30,686 | -€843 | -2.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.