H.A.B.S.: 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.
H.A.B.S.
Largest movements
- Cash -€23,745
down €23,745 (-17.8%), from €133,532 to €109,788
mainly Net result for the year (-€81,574) and Receivables within one year (-€5,733)
- Receivables within one year +€5,733
up €5,733 (+472%), from €1,214 to €6,947
of which Trade receivables: +€6,788
- Profit (loss) carried forward -€81,574
down €81,574 (-6.2%), from -€1.3m to -€1.4m
- Other debts +€62,671
up €62,671 (+4.4%), from €1.4m to €1.5m
- Gross operating margin -€72,418
down €72,418, from €53,515 to -€18,903
- Staff costs -€43,296
no longer reported in 2026 (was €43,296)
- Financial charges +€10,524
up €10,524 (+20.2%), from €52,147 to €62,671
- Other operating charges -€9,442
no longer reported in 2026 (was €9,442)
- Write-downs +€7,045
no longer reported in 2026 (was -€7,045)
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €135,752 | €117,712 | -€18,041 | -13.3% |
| Fixed assets | 21/28 | €736 | €736 | = | 0.0% |
| Financial fixed assets | 28 | €736 | €736 | = | 0.0% |
| Current assets | 29/58 | €135,016 | €116,976 | -€18,041 | -13.4% |
| Amounts receivable within one year | 40/41 | €1,214 | €6,947 | +€5,733 | +472% |
| Trade receivables | 40 | €160 | €6,947 | +€6,788 | +4,253% |
| Other amounts receivable | 41 | €1,055 | - | -€1,055 | |
| Cash at bank and in hand | 54/58 | €133,532 | €109,788 | -€23,745 | -17.8% |
| Deferred charges and accrued income | 490/1 | €270 | €241 | -€29 | -10.8% |
| Total equity and liabilities | 10/49 | €135,752 | €117,712 | -€18,041 | -13.3% |
| Equity | 10/15 | -€1,297,587 | -€1,379,161 | -€81,574 | -6.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,316,137 | -€1,397,711 | -€81,574 | -6.2% |
| Amounts payable | 17/49 | €1,433,340 | €1,496,873 | +€63,533 | +4.4% |
| Amounts payable within one year | 42/48 | €1,433,340 | €1,496,873 | +€63,533 | +4.4% |
| Trade debts | 44 | €9,150 | €10,012 | +€862 | +9.4% |
| Suppliers | 440/4 | €9,150 | €10,012 | +€862 | +9.4% |
| Other amounts payable | 47/48 | €1,424,190 | €1,486,861 | +€62,671 | +4.4% |
| Non-recurring operating income | 76A | €6,716 | - | -€6,716 | |
| Remuneration, social security and pensions | 62 | €43,296 | - | -€43,296 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,645 | - | -€2,645 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€7,045 | - | +€7,045 | |
| Other operating charges | 640/8 | €9,442 | - | -€9,442 | |
| Gross operating margin | 9900 | €53,515 | -€18,903 | -€72,418 | |
| Operating profit (loss) | 9901 | €5,177 | -€18,903 | -€24,080 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -98.5% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -98.5% |
| Financial charges | 65/66B | €52,147 | €62,671 | +€10,524 | +20.2% |
| Recurring financial charges | 65 | €52,147 | €62,671 | +€10,524 | +20.2% |
| Profit (loss) for the period before taxes | 9903 | -€46,969 | -€81,574 | -€34,605 | -73.7% |
| Profit (loss) for the period | 9904 | -€46,969 | -€81,574 | -€34,605 | -73.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,969 | -€81,574 | -€34,605 | -73.7% |
Source: filed annual accounts (NBB), financial years ended 28 February 2025 and 28 February 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.