DE HAL: 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.
DE HAL
Largest movements
- Cash -€10,829
down €10,829 (-91.7%), from €11,812 to €983
mainly Net result for the year (-€13,570) and Deferred charges and accrued income (-€9,158)
- Deferred charges and accrued income +€9,158
new in 2025: €9,158
- Tangible fixed assets -€1,912
down €1,912 (-3.1%), from €62,228 to €60,316
- Receivables within one year -€1,319
down €1,319 (-13.8%), from €9,552 to €8,233
of which Other amounts receivable: -€1,319
- Profit (loss) carried forward -€13,570
down €13,570 (-35448.4%), from -€38 to -€13,608
- Other debts +€8,668
new in 2025: €8,668
- Other operating charges +€8,663
up €8,663 (+1940.4%), from €446 to €9,109
- Gross operating margin -€355
down €355 (-16.1%), from -€2,204 to -€2,559
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 | €83,592 | €78,690 | -€4,902 | -5.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €62,228 | €60,316 | -€1,912 | -3.1% |
| Tangible fixed assets | 22/27 | €62,228 | €60,316 | -€1,912 | -3.1% |
| Land and buildings | 22 | €62,228 | €60,316 | -€1,912 | -3.1% |
| Current assets | 29/58 | €21,364 | €18,374 | -€2,989 | -14.0% |
| Amounts receivable within one year | 40/41 | €9,552 | €8,233 | -€1,319 | -13.8% |
| Trade receivables | 40 | €8,220 | €8,220 | = | 0.0% |
| Other amounts receivable | 41 | €1,332 | €13 | -€1,319 | -99.0% |
| Cash at bank and in hand | 54/58 | €11,812 | €983 | -€10,829 | -91.7% |
| Deferred charges and accrued income | 490/1 | - | €9,158 | +€9,158 | |
| Total equity and liabilities | 10/49 | €83,592 | €78,690 | -€4,902 | -5.9% |
| Equity | 10/15 | €83,592 | €70,022 | -€13,570 | -16.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €33,630 | €33,630 | = | 0.0% |
| Distributable reserves | 133 | €33,630 | €33,630 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38 | -€13,608 | -€13,570 | -35448.4% |
| Amounts payable | 17/49 | - | €8,668 | +€8,668 | |
| Amounts payable within one year | 42/48 | - | €8,668 | +€8,668 | |
| Other amounts payable | 47/48 | - | €8,668 | +€8,668 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,912 | €1,912 | -€0 | 0.0% |
| Other operating charges | 640/8 | €446 | €9,109 | +€8,663 | +1940.4% |
| Gross operating margin | 9900 | -€2,204 | -€2,559 | -€355 | -16.1% |
| Operating profit (loss) | 9901 | -€4,563 | -€13,581 | -€9,018 | -197.6% |
| Financial income | 75/76B | €45 | €44 | -€1 | -2.3% |
| Recurring financial income | 75 | €45 | €44 | -€1 | -2.3% |
| Financial charges | 65/66B | €29 | €34 | +€5 | +15.5% |
| Recurring financial charges | 65 | €29 | €34 | +€5 | +15.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,546 | -€13,570 | -€9,023 | -198.5% |
| Income taxes | 67/77 | - | €0 | = | |
| Profit (loss) for the period | 9904 | -€4,546 | -€13,570 | -€9,023 | -198.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,546 | -€13,570 | -€9,023 | -198.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.