HA-HAFFINITY: 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.
HA-HAFFINITY
Largest movements
- Tangible fixed assets +€6,491
up €6,491 (+61.3%), from €10,585 to €17,076
- Financial fixed assets +€800
new in 2025: €800
- Stocks and contracts -€681
down €681 (-41.3%), from €1,647 to €967
- Cash -€651
down €651 (-42.9%), from €1,517 to €866
mainly Investment in fixed assets (net) (-€12,597) and Net result for the year (-€8,427)
- Other debts +€14,391
up €14,391 (+644.2%), from €2,234 to €16,625
- Profit (loss) carried forward -€8,427
down €8,427 (-567.5%), from -€1,485 to -€9,912
- Purchases and services +€7,262
up €7,262 (+437.0%), from €1,662 to €8,924
- Gross operating margin -€5,262
down €5,262, from €2,188 to -€3,073
- Turnover +€2,001
up €2,001 (+52.0%), from €3,850 to €5,851
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 | €13,749 | €19,713 | +€5,964 | +43.4% |
| Fixed assets | 21/28 | €10,585 | €17,876 | +€7,291 | +68.9% |
| Tangible fixed assets | 22/27 | €10,585 | €17,076 | +€6,491 | +61.3% |
| Plant, machinery and equipment | 23 | €10,585 | €17,076 | +€6,491 | +61.3% |
| Financial fixed assets | 28 | - | €800 | +€800 | |
| Current assets | 29/58 | €3,164 | €1,837 | -€1,327 | -41.9% |
| Stocks and contracts in progress | 3 | €1,647 | €967 | -€681 | -41.3% |
| Stocks | 30/36 | €1,647 | €967 | -€681 | -41.3% |
| Amounts receivable within one year | 40/41 | €0 | €0 | = | |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €1,517 | €866 | -€651 | -42.9% |
| Deferred charges and accrued income | 490/1 | - | €4 | +€4 | |
| Total equity and liabilities | 10/49 | €13,749 | €19,713 | +€5,964 | +43.4% |
| Equity | 10/15 | €11,515 | €3,088 | -€8,427 | -73.2% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Capital | 10 | €13,000 | €13,000 | = | 0.0% |
| Issued capital | 100 | €13,000 | €13,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,485 | -€9,912 | -€8,427 | -567.5% |
| Amounts payable | 17/49 | €2,234 | €16,625 | +€14,391 | +644.2% |
| Amounts payable within one year | 42/48 | €2,234 | €16,625 | +€14,391 | +644.2% |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €2,234 | €16,625 | +€14,391 | +644.2% |
| Turnover | 70 | €3,850 | €5,851 | +€2,001 | +52.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,662 | €8,924 | +€7,262 | +437.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,300 | €5,306 | +€6 | +0.1% |
| Gross operating margin | 9900 | €2,188 | -€3,073 | -€5,262 | |
| Operating profit (loss) | 9901 | -€3,112 | -€8,380 | -€5,268 | -169.3% |
| Financial charges | 65/66B | €42 | €48 | +€5 | +12.2% |
| Recurring financial charges | 65 | €42 | €48 | +€5 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,154 | -€8,427 | -€5,273 | -167.2% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€3,154 | -€8,427 | -€5,273 | -167.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,154 | -€8,427 | -€5,273 | -167.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.