SO HALI: 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.
SO HALI
Largest movements
- Tangible fixed assets +€6,534
up €6,534 (+111.2%), from €5,875 to €12,408
- Stocks and contracts -€4,127
down €4,127 (-8.5%), from €48,775 to €44,648
- Cash +€3,719
up €3,719 (+30.4%), from €12,247 to €15,966
mainly Net result for the year (+€11,046) and Debts after one year (+€10,771)
- Receivables within one year -€1,474
down €1,474 (-86.3%), from €1,708 to €234
- Debts after one year +€10,771
new in 2024: €10,771
- Profit (loss) carried forward -€8,954
down €8,954 (-31.8%), from €28,133 to €19,179
- Other debts +€7,655
up €7,655 (+62.0%), from €12,345 to €20,000
- Trade debts -€5,474
down €5,474 (-86.0%), from €6,365 to €891
- Gross operating margin -€6,653
down €6,653 (-25.0%), from €26,576 to €19,924
- Depreciation +€2,478
up €2,478 (+820.2%), from €302 to €2,780
- Taxes -€1,729
down €1,729 (-34.5%), from €5,009 to €3,280
- Staff costs +€1,593
new in 2024: €1,593
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 | €68,605 | €73,256 | +€4,651 | +6.8% |
| Fixed assets | 21/28 | €5,875 | €12,408 | +€6,534 | +111.2% |
| Tangible fixed assets | 22/27 | €5,875 | €12,408 | +€6,534 | +111.2% |
| Furniture and vehicles | 24 | €5,875 | €12,408 | +€6,534 | +111.2% |
| Current assets | 29/58 | €62,731 | €60,848 | -€1,883 | -3.0% |
| Stocks and contracts in progress | 3 | €48,775 | €44,648 | -€4,127 | -8.5% |
| Stocks | 30/36 | €48,775 | €44,648 | -€4,127 | -8.5% |
| Amounts receivable within one year | 40/41 | €1,708 | €234 | -€1,474 | -86.3% |
| Other amounts receivable | 41 | €1,708 | €234 | -€1,474 | -86.3% |
| Cash at bank and in hand | 54/58 | €12,247 | €15,966 | +€3,719 | +30.4% |
| Total equity and liabilities | 10/49 | €68,605 | €73,256 | +€4,651 | +6.8% |
| Equity | 10/15 | €38,133 | €29,179 | -€8,954 | -23.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,133 | €19,179 | -€8,954 | -31.8% |
| Amounts payable | 17/49 | €30,472 | €44,077 | +€13,605 | +44.6% |
| Amounts payable after more than one year | 17 | - | €10,771 | +€10,771 | |
| Other amounts payable | 178/9 | - | €10,771 | +€10,771 | |
| Amounts payable within one year | 42/48 | €30,472 | €33,306 | +€2,834 | +9.3% |
| Trade debts | 44 | €6,365 | €891 | -€5,474 | -86.0% |
| Suppliers | 440/4 | €6,365 | €891 | -€5,474 | -86.0% |
| Taxes, remuneration and social security | 45 | €11,762 | €12,415 | +€653 | +5.6% |
| Taxes | 450/3 | €11,762 | €12,415 | +€653 | +5.6% |
| Other amounts payable | 47/48 | €12,345 | €20,000 | +€7,655 | +62.0% |
| Remuneration, social security and pensions | 62 | - | €1,593 | +€1,593 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €302 | €2,780 | +€2,478 | +820.2% |
| Gross operating margin | 9900 | €26,576 | €19,924 | -€6,653 | -25.0% |
| Operating profit (loss) | 9901 | €26,274 | €15,551 | -€10,723 | -40.8% |
| Financial income | 75/76B | €148 | €4 | -€144 | -97.4% |
| Recurring financial income | 75 | €148 | €4 | -€144 | -97.4% |
| Financial charges | 65/66B | €1,182 | €1,229 | +€47 | +4.0% |
| Recurring financial charges | 65 | €1,182 | €1,229 | +€47 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €25,241 | €14,326 | -€10,914 | -43.2% |
| Income taxes | 67/77 | €5,009 | €3,280 | -€1,729 | -34.5% |
| Profit (loss) for the period | 9904 | €20,231 | €11,046 | -€9,185 | -45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €20,231 | €11,046 | -€9,185 | -45.4% |
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 10 October 2026 via checked.be.