De Hauw Immo: 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 Hauw Immo
Largest movements
- Tangible fixed assets -€46,942
down €46,942 (-3.8%), from €1.2m to €1.2m
- Debts after one year -€35,442
down €35,442 (-8.8%), from €401,328 to €365,887
- Reserves -€18,619
down €18,619 (-2.9%), from €634,973 to €616,354
- Gross operating margin +€11,383
up €11,383 (+30.8%), from €36,909 to €48,292
- Taxes -€10,666
down €10,666 (-100%), from €10,666 to €0
- Other operating charges -€990
down €990 (-6.4%), from €15,393 to €14,403
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.
Derived cash bridge
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 | €1,246,214 | €1,199,869 | -€46,346 | -3.7% |
| Fixed assets | 21/28 | €1,243,040 | €1,196,098 | -€46,942 | -3.8% |
| Tangible fixed assets | 22/27 | €1,243,040 | €1,196,098 | -€46,942 | -3.8% |
| Land and buildings | 22 | €1,243,040 | €1,196,098 | -€46,942 | -3.8% |
| Current assets | 29/58 | €3,175 | €3,771 | +€596 | +18.8% |
| Cash at bank and in hand | 54/58 | €3,175 | €3,771 | +€596 | +18.8% |
| Total equity and liabilities | 10/49 | €1,246,214 | €1,199,869 | -€46,346 | -3.7% |
| Equity | 10/15 | €684,973 | €666,354 | -€18,619 | -2.7% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €634,973 | €616,354 | -€18,619 | -2.9% |
| Distributable reserves | 133 | €634,973 | €616,354 | -€18,619 | -2.9% |
| Amounts payable | 17/49 | €561,241 | €533,514 | -€27,727 | -4.9% |
| Amounts payable after more than one year | 17 | €401,328 | €365,887 | -€35,442 | -8.8% |
| Financial debts | 170/4 | €401,328 | €365,887 | -€35,442 | -8.8% |
| Amounts payable within one year | 42/48 | €159,913 | €167,628 | +€7,715 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €35,011 | €35,442 | +€431 | +1.2% |
| Trade debts | 44 | €1,010 | €1,649 | +€639 | +63.3% |
| Suppliers | 440/4 | €1,010 | €1,649 | +€639 | +63.3% |
| Other amounts payable | 47/48 | €123,892 | €130,538 | +€6,645 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,942 | €46,942 | = | 0.0% |
| Other operating charges | 640/8 | €15,393 | €14,403 | -€990 | -6.4% |
| Gross operating margin | 9900 | €36,909 | €48,292 | +€11,383 | +30.8% |
| Operating profit (loss) | 9901 | -€25,427 | -€13,054 | +€12,373 | +48.7% |
| Financial charges | 65/66B | €5,661 | €5,565 | -€96 | -1.7% |
| Recurring financial charges | 65 | €5,661 | €5,565 | -€96 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | -€31,087 | -€18,619 | +€12,468 | +40.1% |
| Income taxes | 67/77 | €10,666 | €0 | -€10,666 | -100% |
| Profit (loss) for the period | 9904 | -€41,753 | -€18,619 | +€23,134 | +55.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,753 | -€18,619 | +€23,134 | +55.4% |
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 29 October 2026 via checked.be.