DE HAES TECHNICS: 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.
DE HAES TECHNICS
Largest movements
- Tangible fixed assets -€19,238
down €19,238 (-4.1%), from €469,942 to €450,704
- Cash -€11,878
down €11,878 (-79.9%), from €14,868 to €2,990
mainly Debts after one year (-€38,503) and Other debts (-€12,641)
- Deferred charges and accrued income -€5,000
no longer reported in 2025 (was €5,000)
- Debts after one year -€38,503
down €38,503 (-11.6%), from €332,882 to €294,379
- Profit (loss) carried forward +€15,369
up €15,369 (+81.9%), from -€18,773 to -€3,404
- Other debts -€12,641
down €12,641 (-24.2%), from €52,134 to €39,493
- Gross operating margin +€35,269
up €35,269 (+186.7%), from €18,890 to €54,159
- Other operating charges +€2,716
up €2,716 (+621.1%), from €437 to €3,153
- Financial charges -€912
down €912 (-11.4%), from €7,991 to €7,079
- Depreciation -€661
down €661 (-2.3%), from €29,234 to €28,573
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €490,694 | €455,344 | -€35,350 | -7.2% |
| Formation expenses | 20 | €355 | - | -€355 | |
| Fixed assets | 21/28 | €469,942 | €450,704 | -€19,238 | -4.1% |
| Tangible fixed assets | 22/27 | €469,942 | €450,704 | -€19,238 | -4.1% |
| Land and buildings | 22 | €469,942 | €450,704 | -€19,238 | -4.1% |
| Current assets | 29/58 | €20,397 | €4,640 | -€15,757 | -77.3% |
| Amounts receivable within one year | 40/41 | €528 | €1,649 | +€1,121 | +212.2% |
| Other amounts receivable | 41 | €528 | €1,649 | +€1,121 | +212.2% |
| Cash at bank and in hand | 54/58 | €14,868 | €2,990 | -€11,878 | -79.9% |
| Deferred charges and accrued income | 490/1 | €5,000 | - | -€5,000 | |
| Total equity and liabilities | 10/49 | €490,694 | €455,344 | -€35,350 | -7.2% |
| Equity | 10/15 | €66,679 | €82,048 | +€15,369 | +23.0% |
| Contributions | 10/11 | €3,100 | €3,100 | = | 0.0% |
| Reserves | 13 | €82,352 | €82,352 | = | 0.0% |
| Distributable reserves | 133 | €82,352 | €82,352 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,773 | -€3,404 | +€15,369 | +81.9% |
| Amounts payable | 17/49 | €424,015 | €373,296 | -€50,719 | -12.0% |
| Amounts payable after more than one year | 17 | €332,882 | €294,379 | -€38,503 | -11.6% |
| Financial debts | 170/4 | €332,882 | €294,379 | -€38,503 | -11.6% |
| Amounts payable within one year | 42/48 | €91,133 | €78,917 | -€12,216 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €38,660 | €38,503 | -€157 | -0.4% |
| Trade debts | 44 | €339 | €921 | +€582 | +171.8% |
| Suppliers | 440/4 | €339 | €921 | +€582 | +171.8% |
| Other amounts payable | 47/48 | €52,134 | €39,493 | -€12,641 | -24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,234 | €28,573 | -€661 | -2.3% |
| Other operating charges | 640/8 | €437 | €3,153 | +€2,716 | +621.1% |
| Gross operating margin | 9900 | €18,890 | €54,159 | +€35,269 | +186.7% |
| Operating profit (loss) | 9901 | -€10,782 | €22,432 | +€33,213 | |
| Financial income | 75/76B | - | €16 | +€16 | |
| Recurring financial income | 75 | - | €16 | +€16 | |
| Financial charges | 65/66B | €7,991 | €7,079 | -€912 | -11.4% |
| Recurring financial charges | 65 | €7,991 | €7,079 | -€912 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | -€18,773 | €15,369 | +€34,142 | |
| Profit (loss) for the period | 9904 | -€18,773 | €15,369 | +€34,142 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,773 | €15,369 | +€34,142 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.