HABEEBEE: 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.
HABEEBEE
Largest movements
- Cash +€42,714
up €42,714 (+26.1%), from €163,893 to €206,607
mainly Debts after one year (+€144,231) and Receivables within one year (+€29,632)
- Stocks and contracts +€39,318
up €39,318 (+49.5%), from €79,465 to €118,783
- Receivables within one year -€29,632
down €29,632 (-54.5%), from €54,401 to €24,770
of which Trade receivables: -€27,658
- Tangible fixed assets -€7,842
down €7,842 (-24.1%), from €32,576 to €24,734
of which Land and buildings: -€6,077
- Deferred charges and accrued income +€7,688
up €7,688 (+157.6%), from €4,878 to €12,566
- Debts after one year +€144,231
up €144,231 (+150.6%), from €95,769 to €240,000
of which Financial debts: +€144,231
- Trade debts -€45,676
down €45,676 (-50.4%), from €90,709 to €45,034
- Profit (loss) carried forward -€35,844
down €35,844 (-6.5%), from -€551,747 to -€587,591
- Tax, wage and social debts -€8,181
down €8,181 (-35.2%), from €23,215 to €15,034
of which Taxes: -€7,769
- Staff costs -€75,663
down €75,663 (-63.1%), from €119,960 to €44,297
- Gross operating margin -€36,609
down €36,609 (-47.9%), from €76,381 to €39,772
- Write-downs -€5,632
down €5,632 (-98.2%), from €5,735 to €103
- Depreciation -€2,543
down €2,543 (-10.2%), from €24,851 to €22,308
- Financial charges +€1,672
up €1,672 (+27.0%), from €6,182 to €7,854
of which Financial charges: +€1,257
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 | €351,504 | €407,586 | +€56,082 | +16.0% |
| Fixed assets | 21/28 | €48,868 | €44,862 | -€4,006 | -8.2% |
| Intangible fixed assets | 21 | €16,292 | €20,127 | +€3,836 | +23.5% |
| Tangible fixed assets | 22/27 | €32,576 | €24,734 | -€7,842 | -24.1% |
| Land and buildings | 22 | €21,974 | €15,897 | -€6,077 | -27.7% |
| Plant, machinery and equipment | 23 | €3,811 | €3,691 | -€120 | -3.2% |
| Furniture and vehicles | 24 | €5,307 | €3,663 | -€1,645 | -31.0% |
| Other tangible fixed assets | 26 | €1,484 | €1,484 | = | 0.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €302,637 | €362,724 | +€60,088 | +19.9% |
| Stocks and contracts in progress | 3 | €79,465 | €118,783 | +€39,318 | +49.5% |
| Stocks | 30/36 | €79,465 | €118,783 | +€39,318 | +49.5% |
| Amounts receivable within one year | 40/41 | €54,401 | €24,770 | -€29,632 | -54.5% |
| Trade receivables | 40 | €51,656 | €23,997 | -€27,658 | -53.5% |
| Other amounts receivable | 41 | €2,746 | €772 | -€1,973 | -71.9% |
| Cash at bank and in hand | 54/58 | €163,893 | €206,607 | +€42,714 | +26.1% |
| Deferred charges and accrued income | 490/1 | €4,878 | €12,566 | +€7,688 | +157.6% |
| Total equity and liabilities | 10/49 | €351,504 | €407,586 | +€56,082 | +16.0% |
| Equity | 10/15 | €136,253 | €100,409 | -€35,844 | -26.3% |
| Contributions | 10/11 | €688,000 | €688,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€551,747 | -€587,591 | -€35,844 | -6.5% |
| Amounts payable | 17/49 | €215,251 | €307,176 | +€91,925 | +42.7% |
| Amounts payable after more than one year | 17 | €95,769 | €240,000 | +€144,231 | +150.6% |
| Financial debts | 170/4 | €95,769 | €240,000 | +€144,231 | +150.6% |
| Trade debts | 175 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €119,482 | €66,443 | -€53,039 | -44.4% |
| Current portion of amounts payable after more than one year | 42 | €4,483 | €5,769 | +€1,286 | +28.7% |
| Financial debts | 43 | €197 | €532 | +€335 | +170.0% |
| Credit institutions | 430/8 | €197 | €532 | +€335 | +170.0% |
| Trade debts | 44 | €90,709 | €45,034 | -€45,676 | -50.4% |
| Suppliers | 440/4 | €90,709 | €45,034 | -€45,676 | -50.4% |
| Taxes, remuneration and social security | 45 | €23,215 | €15,034 | -€8,181 | -35.2% |
| Taxes | 450/3 | €14,587 | €6,818 | -€7,769 | -53.3% |
| Remuneration and social security | 454/9 | €8,628 | €8,216 | -€412 | -4.8% |
| Other amounts payable | 47/48 | €877 | €74 | -€803 | -91.6% |
| Accrued charges and deferred income | 492/3 | - | €733 | +€733 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €119,960 | €44,297 | -€75,663 | -63.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,851 | €22,308 | -€2,543 | -10.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,735 | €103 | -€5,632 | -98.2% |
| Other operating charges | 640/8 | €931 | €879 | -€52 | -5.6% |
| Non-recurring operating charges | 66A | €5,115 | €0 | -€5,115 | -100.0% |
| Gross operating margin | 9900 | €76,381 | €39,772 | -€36,609 | -47.9% |
| Operating profit (loss) | 9901 | -€80,211 | -€27,815 | +€52,396 | +65.3% |
| Financial income | 75/76B | €95 | €2 | -€93 | -98.2% |
| Recurring financial income | 75 | €95 | €2 | -€93 | -98.2% |
| Financial charges | 65/66B | €6,182 | €7,854 | +€1,672 | +27.0% |
| Recurring financial charges | 65 | €6,182 | €7,439 | +€1,257 | +20.3% |
| Non-recurring financial charges | 66B | - | €415 | +€415 | |
| Profit (loss) for the period before taxes | 9903 | -€86,298 | -€35,667 | +€50,630 | +58.7% |
| Income taxes | 67/77 | €140 | €176 | +€37 | +26.2% |
| Profit (loss) for the period | 9904 | -€86,437 | -€35,844 | +€50,594 | +58.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€86,437 | -€35,844 | +€50,594 | +58.5% |
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 2 October 2026 via checked.be.