HAALTERT RETAIL: 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.
HAALTERT RETAIL
Largest movements
- Deferred charges and accrued income +€116,962
up €116,962 (+27,129%), from €431 to €117,393
- Stocks and contracts +€39,548
up €39,548 (+37.6%), from €105,064 to €144,612
- Cash -€17,437
down €17,437 (-19.4%), from €90,026 to €72,589
mainly Debts after one year (-€277,538) and Deferred charges and accrued income (-€116,962)
- Receivables within one year -€13,170
down €13,170 (-17.6%), from €74,684 to €61,514
of which Trade receivables: -€36,724
- Debts after one year -€277,538
down €277,538 (-39.2%), from €707,167 to €429,628
of which Trade debts: -€171,549
- Trade debts +€212,241
up €212,241 (+101%), from €209,563 to €421,805
- Other debts +€87,962
up €87,962 (+387%), from €22,712 to €110,673
- Tax, wage and social debts +€32,378
up €32,378 (+549%), from €5,893 to €38,271
of which Remuneration and social security: +€32,351
- Accrued charges and deferred income +€26,289
up €26,289 (+1,429%), from €1,839 to €28,129
- Gross operating margin +€426,252
up €426,252, from -€2,549 to €423,703
- Staff costs +€219,807
up €219,807 (+735%), from €29,923 to €249,730
- Depreciation +€44,358
up €44,358 (+145%), from €30,590 to €74,948
- Financial charges +€12,909
up €12,909 (+99.3%), from €13,000 to €25,909
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 | €1,051,285 | €1,171,585 | +€120,300 | +11.4% |
| Formation expenses | 20 | €2,701 | - | -€2,701 | |
| Fixed assets | 21/28 | €718,378 | €715,477 | -€2,902 | -0.4% |
| Tangible fixed assets | 22/27 | €716,878 | €713,977 | -€2,902 | -0.4% |
| Plant, machinery and equipment | 23 | €378,997 | €340,906 | -€38,091 | -10.1% |
| Other tangible fixed assets | 26 | €337,881 | €373,071 | +€35,190 | +10.4% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €330,205 | €456,109 | +€125,903 | +38.1% |
| Amounts receivable after more than one year | 29 | €60,000 | €60,000 | = | 0.0% |
| Other amounts receivable | 291 | €60,000 | €60,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €105,064 | €144,612 | +€39,548 | +37.6% |
| Stocks | 30/36 | €105,064 | €144,612 | +€39,548 | +37.6% |
| Amounts receivable within one year | 40/41 | €74,684 | €61,514 | -€13,170 | -17.6% |
| Trade receivables | 40 | €53,661 | €16,937 | -€36,724 | -68.4% |
| Other amounts receivable | 41 | €21,023 | €44,578 | +€23,555 | +112% |
| Cash at bank and in hand | 54/58 | €90,026 | €72,589 | -€17,437 | -19.4% |
| Deferred charges and accrued income | 490/1 | €431 | €117,393 | +€116,962 | +27,129% |
| Total equity and liabilities | 10/49 | €1,051,285 | €1,171,585 | +€120,300 | +11.4% |
| Equity | 10/15 | €69,729 | €92,263 | +€22,534 | +32.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €7,729 | €30,263 | +€22,534 | +292% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €1,529 | €24,063 | +€22,534 | +1,474% |
| Amounts payable | 17/49 | €981,556 | €1,079,322 | +€97,766 | +10.0% |
| Amounts payable after more than one year | 17 | €707,167 | €429,628 | -€277,538 | -39.2% |
| Financial debts | 170/4 | €535,618 | €429,628 | -€105,990 | -19.8% |
| Trade debts | 175 | €171,549 | - | -€171,549 | |
| Amounts payable within one year | 42/48 | €272,550 | €621,565 | +€349,015 | +128% |
| Current portion of amounts payable after more than one year | 42 | €34,382 | €38,990 | +€4,608 | +13.4% |
| Financial debts | 43 | - | €11,826 | +€11,826 | |
| Credit institutions | 430/8 | - | €11,826 | +€11,826 | |
| Trade debts | 44 | €209,563 | €421,805 | +€212,241 | +101% |
| Suppliers | 440/4 | €209,563 | €421,805 | +€212,241 | +101% |
| Taxes, remuneration and social security | 45 | €5,893 | €38,271 | +€32,378 | +549% |
| Taxes | 450/3 | €40 | €67 | +€27 | +67.8% |
| Remuneration and social security | 454/9 | €5,853 | €38,204 | +€32,351 | +553% |
| Other amounts payable | 47/48 | €22,712 | €110,673 | +€87,962 | +387% |
| Accrued charges and deferred income | 492/3 | €1,839 | €28,129 | +€26,289 | +1,429% |
| Remuneration, social security and pensions | 62 | €29,923 | €249,730 | +€219,807 | +735% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,590 | €74,948 | +€44,358 | +145% |
| Other operating charges | 640/8 | €1,319 | €642 | -€677 | -51.3% |
| Gross operating margin | 9900 | -€2,549 | €423,703 | +€426,252 | |
| Operating profit (loss) | 9901 | -€64,381 | €98,383 | +€162,764 | |
| Financial income | 75/76B | €11 | €217 | +€206 | +1,880% |
| Recurring financial income | 75 | €11 | €217 | +€206 | +1,880% |
| Financial charges | 65/66B | €13,000 | €25,909 | +€12,909 | +99.3% |
| Recurring financial charges | 65 | €13,000 | €25,909 | +€12,909 | +99.3% |
| Profit (loss) for the period before taxes | 9903 | -€77,370 | €72,690 | +€150,061 | |
| Income taxes | 67/77 | €40 | €156 | +€116 | +292% |
| Profit (loss) for the period | 9904 | -€77,410 | €72,534 | +€149,944 | |
| Profit (loss) for the period to be appropriated | 9905 | -€77,410 | €72,534 | +€149,944 |
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 25 October 2026 via checked.be.