HAAN: 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.
HAAN
Largest movements
- Receivables within one year +€21,780
up €21,780 (+22.4%), from €97,199 to €118,979
of which Other amounts receivable: +€21,780
- Tangible fixed assets -€10,567
down €10,567 (-7.1%), from €148,368 to €137,801
of which Plant, machinery and equipment: -€5,464
- Trade debts +€7,903
up €7,903 (+32.9%), from €24,041 to €31,944
- Reserves +€3,302
up €3,302 (+6.0%), from €55,076 to €58,378
- Gross operating margin +€2,965
up €2,965 (+14.1%), from €21,052 to €24,017
- Taxes +€823
up €823 (+167%), from €493 to €1,316
- Financial charges +€265
up €265 (+131%), from €202 to €467
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 | €247,758 | €259,564 | +€11,806 | +4.8% |
| Fixed assets | 21/28 | €148,928 | €138,361 | -€10,567 | -7.1% |
| Tangible fixed assets | 22/27 | €148,368 | €137,801 | -€10,567 | -7.1% |
| Land and buildings | 22 | €127,876 | €122,773 | -€5,103 | -4.0% |
| Plant, machinery and equipment | 23 | €20,492 | €15,028 | -€5,464 | -26.7% |
| Financial fixed assets | 28 | €560 | €560 | = | 0.0% |
| Current assets | 29/58 | €98,831 | €121,203 | +€22,372 | +22.6% |
| Amounts receivable within one year | 40/41 | €97,199 | €118,979 | +€21,780 | +22.4% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €97,199 | €118,979 | +€21,780 | +22.4% |
| Cash at bank and in hand | 54/58 | €769 | €1,115 | +€346 | +45.1% |
| Deferred charges and accrued income | 490/1 | €863 | €1,109 | +€246 | +28.5% |
| Total equity and liabilities | 10/49 | €247,758 | €259,564 | +€11,806 | +4.8% |
| Equity | 10/15 | €87,827 | €91,129 | +€3,302 | +3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €55,076 | €58,378 | +€3,302 | +6.0% |
| Distributable reserves | 133 | €55,076 | €58,378 | +€3,302 | +6.0% |
| Profit (loss) carried forward | 14 | €14,152 | €14,152 | = | 0.0% |
| Amounts payable | 17/49 | €159,931 | €168,435 | +€8,504 | +5.3% |
| Amounts payable after more than one year | 17 | €2,231 | €2,231 | = | 0.0% |
| Other amounts payable | 178/9 | €2,231 | €2,231 | = | 0.0% |
| Amounts payable within one year | 42/48 | €157,700 | €165,504 | +€7,804 | +4.9% |
| Trade debts | 44 | €24,041 | €31,944 | +€7,903 | +32.9% |
| Suppliers | 440/4 | €24,041 | €31,944 | +€7,903 | +32.9% |
| Taxes, remuneration and social security | 45 | €2,631 | €2,778 | +€147 | +5.6% |
| Taxes | 450/3 | €2,631 | €2,778 | +€147 | +5.6% |
| Other amounts payable | 47/48 | €131,028 | €130,781 | -€247 | -0.2% |
| Accrued charges and deferred income | 492/3 | €0 | €700 | +€700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,567 | €10,567 | = | 0.0% |
| Other operating charges | 640/8 | €8,597 | €8,365 | -€232 | -2.7% |
| Gross operating margin | 9900 | €21,052 | €24,017 | +€2,965 | +14.1% |
| Operating profit (loss) | 9901 | €1,888 | €5,085 | +€3,197 | +169% |
| Financial income | 75/76B | €122 | €0 | -€122 | -100% |
| Recurring financial income | 75 | €122 | €0 | -€122 | -100% |
| Financial charges | 65/66B | €202 | €467 | +€265 | +131% |
| Recurring financial charges | 65 | €202 | €467 | +€265 | +131% |
| Profit (loss) for the period before taxes | 9903 | €1,808 | €4,618 | +€2,810 | +155% |
| Income taxes | 67/77 | €493 | €1,316 | +€823 | +167% |
| Profit (loss) for the period | 9904 | €1,316 | €3,302 | +€1,987 | +151% |
| Profit (loss) for the period to be appropriated | 9905 | €1,316 | €3,302 | +€1,987 | +151% |
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 17 October 2026 via checked.be.