HAAGWINDE PROPERTIES: 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.
HAAGWINDE PROPERTIES
Largest movements
- Tangible fixed assets -€54,618
down €54,618 (-14.4%), from €378,888 to €324,270
of which Land and buildings: -€50,665
- Other debts -€54,966
down €54,966 (-46.6%), from €117,847 to €62,881
- Depreciation +€2,842
up €2,842 (+5.5%), from €51,776 to €54,618
- Other operating charges -€2,156
down €2,156 (-42.3%), from €5,098 to €2,942
- Gross operating margin +€1,542
up €1,542 (+2.6%), from €59,475 to €61,017
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 | €394,786 | €337,579 | -€57,207 | -14.5% |
| Fixed assets | 21/28 | €378,888 | €324,270 | -€54,618 | -14.4% |
| Tangible fixed assets | 22/27 | €378,888 | €324,270 | -€54,618 | -14.4% |
| Land and buildings | 22 | €365,996 | €315,331 | -€50,665 | -13.8% |
| Plant, machinery and equipment | 23 | €12,892 | €8,939 | -€3,953 | -30.7% |
| Current assets | 29/58 | €15,898 | €13,309 | -€2,589 | -16.3% |
| Amounts receivable within one year | 40/41 | €14,478 | €11,999 | -€2,479 | -17.1% |
| Trade receivables | 40 | €14,332 | €11,999 | -€2,333 | -16.3% |
| Other amounts receivable | 41 | €146 | - | -€146 | |
| Cash at bank and in hand | 54/58 | €1,420 | €1,310 | -€110 | -7.7% |
| Total equity and liabilities | 10/49 | €394,786 | €337,579 | -€57,207 | -14.5% |
| Equity | 10/15 | €272,354 | €273,059 | +€705 | +0.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €258,859 | €258,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Other | 1319 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €257,000 | €257,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,095 | €1,800 | +€705 | +64.4% |
| Amounts payable | 17/49 | €122,432 | €64,520 | -€57,912 | -47.3% |
| Amounts payable within one year | 42/48 | €120,232 | €64,337 | -€55,895 | -46.5% |
| Taxes, remuneration and social security | 45 | €2,385 | €1,456 | -€929 | -39.0% |
| Taxes | 450/3 | €2,385 | €1,456 | -€929 | -39.0% |
| Other amounts payable | 47/48 | €117,847 | €62,881 | -€54,966 | -46.6% |
| Accrued charges and deferred income | 492/3 | €2,200 | €183 | -€2,017 | -91.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,776 | €54,618 | +€2,842 | +5.5% |
| Other operating charges | 640/8 | €5,098 | €2,942 | -€2,156 | -42.3% |
| Gross operating margin | 9900 | €59,475 | €61,017 | +€1,542 | +2.6% |
| Operating profit (loss) | 9901 | €2,601 | €3,457 | +€856 | +32.9% |
| Financial charges | 65/66B | €2,032 | €2,437 | +€405 | +19.9% |
| Recurring financial charges | 65 | €2,032 | €2,437 | +€405 | +19.9% |
| Profit (loss) for the period before taxes | 9903 | €569 | €1,020 | +€451 | +79.3% |
| Income taxes | 67/77 | -€287 | €315 | +€602 | |
| Profit (loss) for the period | 9904 | €856 | €705 | -€151 | -17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €856 | €705 | -€151 | -17.6% |
Source: filed annual accounts (NBB), financial years ended 30 April 2025 and 30 April 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.