PASCAL HIEFF MANUTENTION: 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.
PASCAL HIEFF MANUTENTION
Largest movements
- Receivables within one year +€33,733
up €33,733 (+17.2%), from €196,064 to €229,797
of which Other amounts receivable: +€74,630
- Tangible fixed assets -€29,285
down €29,285 (-6.4%), from €456,293 to €427,008
of which Furniture and vehicles: -€17,382
- Cash -€13,235
down €13,235 (-97.5%), from €13,572 to €337
mainly Debts after one year (-€81,739) and Receivables within one year (-€33,733)
- Debts after one year -€81,739
down €81,739 (-68.3%), from €119,644 to €37,905
- Current portion of long-term debt +€42,547
up €42,547 (+270%), from €15,737 to €58,284
- Profit (loss) carried forward +€18,901
up €18,901 (+4.6%), from €412,042 to €430,943
- Gross operating margin -€39,962
down €39,962 (-17.7%), from €226,276 to €186,314
- Other operating charges +€10,246
up €10,246 (+528%), from €1,942 to €12,188
- Staff costs -€5,563
down €5,563 (-5.9%), from €94,902 to €89,340
- Financial charges +€4,328
up €4,328 (+69.2%), from €6,252 to €10,581
- Financial income +€3,864
up €3,864 (+75.9%), from €5,094 to €8,958
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
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 | €668,536 | €659,637 | -€8,898 | -1.3% |
| Fixed assets | 21/28 | €456,832 | €427,547 | -€29,285 | -6.4% |
| Tangible fixed assets | 22/27 | €456,293 | €427,008 | -€29,285 | -6.4% |
| Land and buildings | 22 | €374,204 | €370,254 | -€3,949 | -1.1% |
| Plant, machinery and equipment | 23 | €3,377 | €3,913 | +€536 | +15.9% |
| Furniture and vehicles | 24 | €46,126 | €28,744 | -€17,382 | -37.7% |
| Leasing and similar rights | 25 | €32,586 | €24,097 | -€8,490 | -26.1% |
| Financial fixed assets | 28 | €540 | €540 | = | 0.0% |
| Current assets | 29/58 | €211,703 | €232,090 | +€20,386 | +9.6% |
| Amounts receivable within one year | 40/41 | €196,064 | €229,797 | +€33,733 | +17.2% |
| Trade receivables | 40 | €85,543 | €44,646 | -€40,897 | -47.8% |
| Other amounts receivable | 41 | €110,521 | €185,151 | +€74,630 | +67.5% |
| Cash at bank and in hand | 54/58 | €13,572 | €337 | -€13,235 | -97.5% |
| Deferred charges and accrued income | 490/1 | €2,068 | €1,956 | -€112 | -5.4% |
| Total equity and liabilities | 10/49 | €668,536 | €659,637 | -€8,898 | -1.3% |
| Equity | 10/15 | €457,778 | €476,679 | +€18,901 | +4.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €39,536 | €39,536 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,036 | - | -€2,036 | |
| Reserves not available under the articles | 1311 | €2,036 | - | -€2,036 | |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | - | €2,036 | +€2,036 | |
| Profit (loss) carried forward | 14 | €412,042 | €430,943 | +€18,901 | +4.6% |
| Amounts payable | 17/49 | €210,758 | €182,959 | -€27,799 | -13.2% |
| Amounts payable after more than one year | 17 | €119,644 | €37,905 | -€81,739 | -68.3% |
| Financial debts | 170/4 | €119,644 | €37,905 | -€81,739 | -68.3% |
| Amounts payable within one year | 42/48 | €91,114 | €141,787 | +€50,673 | +55.6% |
| Current portion of amounts payable after more than one year | 42 | €15,737 | €58,284 | +€42,547 | +270% |
| Trade debts | 44 | €9,384 | €14,930 | +€5,546 | +59.1% |
| Suppliers | 440/4 | €9,384 | €14,930 | +€5,546 | +59.1% |
| Taxes, remuneration and social security | 45 | €65,993 | €68,573 | +€2,580 | +3.9% |
| Taxes | 450/3 | €50,599 | €51,466 | +€867 | +1.7% |
| Remuneration and social security | 454/9 | €15,395 | €17,108 | +€1,713 | +11.1% |
| Accrued charges and deferred income | 492/3 | - | €3,267 | +€3,267 | |
| Remuneration, social security and pensions | 62 | €94,902 | €89,340 | -€5,563 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,708 | €38,663 | +€955 | +2.5% |
| Other operating charges | 640/8 | €1,942 | €12,188 | +€10,246 | +528% |
| Gross operating margin | 9900 | €226,276 | €186,314 | -€39,962 | -17.7% |
| Operating profit (loss) | 9901 | €91,724 | €46,123 | -€45,601 | -49.7% |
| Financial income | 75/76B | €5,094 | €8,958 | +€3,864 | +75.9% |
| Recurring financial income | 75 | €5,094 | €8,958 | +€3,864 | +75.9% |
| Financial charges | 65/66B | €6,252 | €10,581 | +€4,328 | +69.2% |
| Recurring financial charges | 65 | €6,252 | €10,581 | +€4,328 | +69.2% |
| Profit (loss) for the period before taxes | 9903 | €90,566 | €44,501 | -€46,065 | -50.9% |
| Income taxes | 67/77 | €22,412 | €25,600 | +€3,189 | +14.2% |
| Profit (loss) for the period | 9904 | €68,154 | €18,901 | -€49,253 | -72.3% |
| Profit (loss) for the period to be appropriated | 9905 | €68,154 | €18,901 | -€49,253 | -72.3% |
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 21 October 2026 via checked.be.