Den Halt: 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.
Den Halt
Largest movements
- Intangible fixed assets -€37,800
no longer reported in 2025 (was €37,800)
- Tangible fixed assets -€5,940
down €5,940 (-42.6%), from €13,931 to €7,991
of which Furniture and vehicles: -€4,438
- Cash +€3,639
up €3,639 (+193%), from €1,890 to €5,529
mainly Investment in fixed assets (net) (+€42,238) and Trade debts (+€5,127)
- Stocks and contracts +€1,323
up €1,323 (+77.4%), from €1,708 to €3,031
- Receivables within one year +€1,294
up €1,294 (+206%), from €628 to €1,921
of which Other amounts receivable: +€1,173
- Profit (loss) carried forward -€23,853
down €23,853 (-79.8%), from -€29,893 to -€53,746
- Debts after one year -€8,980
down €8,980 (-31.8%), from €28,250 to €19,270
- Trade debts +€5,127
up €5,127 (+490%), from €1,046 to €6,173
- Tax, wage and social debts -€4,538
down €4,538 (-75.5%), from €6,007 to €1,470
of which Taxes: -€2,642
- Current portion of long-term debt -€4,369
down €4,369 (-32.7%), from €13,349 to €8,980
- Gross operating margin +€12,495
up €12,495 (+74.3%), from -€16,818 to -€4,323
- Depreciation -€8,715
down €8,715 (-85.3%), from €10,217 to €1,502
- Other operating charges +€772
up €772 (+94.7%), from €816 to €1,588
- Financial charges -€383
down €383 (-16.6%), from €2,304 to €1,920
- Financial income -€246
down €246 (-94.1%), from €262 to €15
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 | €56,404 | €18,473 | -€37,932 | -67.2% |
| Fixed assets | 21/28 | €51,731 | €7,991 | -€43,740 | -84.6% |
| Intangible fixed assets | 21 | €37,800 | - | -€37,800 | |
| Tangible fixed assets | 22/27 | €13,931 | €7,991 | -€5,940 | -42.6% |
| Land and buildings | 22 | €6,478 | €5,738 | -€740 | -11.4% |
| Plant, machinery and equipment | 23 | €3,015 | €2,253 | -€762 | -25.3% |
| Furniture and vehicles | 24 | €4,438 | - | -€4,438 | |
| Current assets | 29/58 | €4,674 | €10,482 | +€5,808 | +124% |
| Stocks and contracts in progress | 3 | €1,708 | €3,031 | +€1,323 | +77.4% |
| Stocks | 30/36 | €1,708 | €3,031 | +€1,323 | +77.4% |
| Amounts receivable within one year | 40/41 | €628 | €1,921 | +€1,294 | +206% |
| Trade receivables | 40 | - | €121 | +€121 | |
| Other amounts receivable | 41 | €628 | €1,801 | +€1,173 | +187% |
| Cash at bank and in hand | 54/58 | €1,890 | €5,529 | +€3,639 | +193% |
| Deferred charges and accrued income | 490/1 | €447 | - | -€447 | |
| Total equity and liabilities | 10/49 | €56,404 | €18,473 | -€37,932 | -67.2% |
| Equity | 10/15 | -€5,954 | -€29,808 | -€23,853 | -401% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €17,938 | €17,938 | = | 0.0% |
| Distributable reserves | 133 | €17,938 | €17,938 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,893 | -€53,746 | -€23,853 | -79.8% |
| Amounts payable | 17/49 | €62,359 | €48,281 | -€14,078 | -22.6% |
| Amounts payable after more than one year | 17 | €28,250 | €19,270 | -€8,980 | -31.8% |
| Financial debts | 170/4 | €28,250 | €19,270 | -€8,980 | -31.8% |
| Amounts payable within one year | 42/48 | €34,109 | €29,011 | -€5,098 | -14.9% |
| Current portion of amounts payable after more than one year | 42 | €13,349 | €8,980 | -€4,369 | -32.7% |
| Financial debts | 43 | €4,147 | - | -€4,147 | |
| Other loans | 439 | €4,147 | - | -€4,147 | |
| Trade debts | 44 | €1,046 | €6,173 | +€5,127 | +490% |
| Suppliers | 440/4 | €1,046 | €6,173 | +€5,127 | +490% |
| Taxes, remuneration and social security | 45 | €6,007 | €1,470 | -€4,538 | -75.5% |
| Taxes | 450/3 | €2,868 | €226 | -€2,642 | -92.1% |
| Remuneration and social security | 454/9 | €3,140 | €1,243 | -€1,896 | -60.4% |
| Other amounts payable | 47/48 | €9,560 | €12,388 | +€2,828 | +29.6% |
| Non-recurring operating income | 76A | €1,456 | €4,675 | +€3,219 | +221% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,217 | €1,502 | -€8,715 | -85.3% |
| Other operating charges | 640/8 | €816 | €1,588 | +€772 | +94.7% |
| Non-recurring operating charges | 66A | - | €14,535 | +€14,535 | |
| Gross operating margin | 9900 | -€16,818 | -€4,323 | +€12,495 | +74.3% |
| Operating profit (loss) | 9901 | -€27,851 | -€21,948 | +€5,902 | +21.2% |
| Financial income | 75/76B | €262 | €15 | -€246 | -94.1% |
| Recurring financial income | 75 | €262 | €15 | -€246 | -94.1% |
| Financial charges | 65/66B | €2,304 | €1,920 | -€383 | -16.6% |
| Recurring financial charges | 65 | €2,304 | €1,920 | -€383 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | -€29,893 | -€23,853 | +€6,040 | +20.2% |
| Profit (loss) for the period | 9904 | -€29,893 | -€23,853 | +€6,040 | +20.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,893 | -€23,853 | +€6,040 | +20.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.