HABEAT: what changed
HABEAT
Largest movements
- Receivables within one year +€71,520
up €71,520 (+33.2%), from €215,660 to €287,180
of which Other amounts receivable: +€69,390
- Stocks and contracts +€5,352
up €5,352 (+280%), from €1,910 to €7,262
- Tangible fixed assets -€5,208
down €5,208 (-48.3%), from €10,789 to €5,581
- Tax, wage and social debts +€30,463
up €30,463 (+169%), from €18,021 to €48,484
of which Remuneration and social security: +€15,297
- Trade debts +€23,753
up €23,753 (+764%), from €3,108 to €26,861
- Reserves +€20,879
new in 2025: €20,879
- Short-term financial debts +€4,699
new in 2025: €4,699
- Current portion of long-term debt -€4,533
down €4,533 (-100%), from €4,533 to €0
- Staff costs -€23,845
down €23,845 (-11.8%), from €202,199 to €178,354
- Gross operating margin -€13,220
down €13,220 (-5.3%), from €249,717 to €236,497
- Taxes -€6,448
down €6,448 (-14.7%), from €43,758 to €37,311
- Depreciation -€5,672
down €5,672 (-47.6%), from €11,919 to €6,247
- Financial charges -€3,936
down €3,936 (-93.1%), from €4,229 to €292
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €267,841 | €339,676 | +€71,835 | +26.8% |
| Fixed assets | 21/28 | €20,814 | €15,606 | -€5,208 | -25.0% |
| Tangible fixed assets | 22/27 | €10,789 | €5,581 | -€5,208 | -48.3% |
| Furniture and vehicles | 24 | €10,789 | €5,581 | -€5,208 | -48.3% |
| Financial fixed assets | 28 | €10,025 | €10,025 | = | 0.0% |
| Current assets | 29/58 | €247,027 | €324,070 | +€77,043 | +31.2% |
| Stocks and contracts in progress | 3 | €1,910 | €7,262 | +€5,352 | +280% |
| Stocks | 30/36 | €1,910 | €7,262 | +€5,352 | +280% |
| Amounts receivable within one year | 40/41 | €215,660 | €287,180 | +€71,520 | +33.2% |
| Trade receivables | 40 | - | €2,129 | +€2,129 | |
| Other amounts receivable | 41 | €215,660 | €285,051 | +€69,390 | +32.2% |
| Cash at bank and in hand | 54/58 | €29,457 | €28,214 | -€1,243 | -4.2% |
| Deferred charges and accrued income | 490/1 | - | €1,413 | +€1,413 | |
| Total equity and liabilities | 10/49 | €267,841 | €339,676 | +€71,835 | +26.8% |
| Equity | 10/15 | €238,752 | €259,631 | +€20,879 | +8.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €20,879 | +€20,879 | |
| Distributable reserves | 133 | - | €20,879 | +€20,879 | |
| Profit (loss) carried forward | 14 | €233,752 | €233,752 | = | 0.0% |
| Amounts payable | 17/49 | €29,090 | €80,045 | +€50,955 | +175% |
| Amounts payable within one year | 42/48 | €25,662 | €80,045 | +€54,383 | +212% |
| Current portion of amounts payable after more than one year | 42 | €4,533 | €0 | -€4,533 | -100% |
| Financial debts | 43 | - | €4,699 | +€4,699 | |
| Credit institutions | 430/8 | - | €4,699 | +€4,699 | |
| Trade debts | 44 | €3,108 | €26,861 | +€23,753 | +764% |
| Suppliers | 440/4 | €3,108 | €26,861 | +€23,753 | +764% |
| Taxes, remuneration and social security | 45 | €18,021 | €48,484 | +€30,463 | +169% |
| Taxes | 450/3 | €18,021 | €33,187 | +€15,166 | +84.2% |
| Remuneration and social security | 454/9 | - | €15,297 | +€15,297 | |
| Accrued charges and deferred income | 492/3 | €3,427 | €0 | -€3,427 | -100% |
| Remuneration, social security and pensions | 62 | €202,199 | €178,354 | -€23,845 | -11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,919 | €6,247 | -€5,672 | -47.6% |
| Other operating charges | 640/8 | €1,293 | €5,144 | +€3,851 | +298% |
| Gross operating margin | 9900 | €249,717 | €236,497 | -€13,220 | -5.3% |
| Operating profit (loss) | 9901 | €34,306 | €46,753 | +€12,447 | +36.3% |
| Financial income | 75/76B | €11,658 | €11,729 | +€71 | +0.6% |
| Recurring financial income | 75 | €11,658 | €11,729 | +€71 | +0.6% |
| Financial charges | 65/66B | €4,229 | €292 | -€3,936 | -93.1% |
| Recurring financial charges | 65 | €4,229 | €292 | -€3,936 | -93.1% |
| Profit (loss) for the period before taxes | 9903 | €41,736 | €58,190 | +€16,454 | +39.4% |
| Income taxes | 67/77 | €43,758 | €37,311 | -€6,448 | -14.7% |
| Profit (loss) for the period | 9904 | -€2,022 | €20,879 | +€22,902 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,022 | €20,879 | +€22,902 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.