Habesha: what changed
Habesha
Largest movements
- Receivables within one year +€86,327
up €86,327 (+2,321%), from €3,720 to €90,047
of which Trade receivables: +€86,767
- Tangible fixed assets -€6,415
down €6,415 (-21.7%), from €29,568 to €23,153
- Cash +€4,158
up €4,158 (+11,356%), from €37 to €4,194
mainly Other debts (+€117,100) and Depreciation (+€6,415)
- Other debts +€117,100
up €117,100 (+263%), from €44,500 to €161,600
- Profit (loss) carried forward -€38,481
down €38,481 (-344%), from -€11,175 to -€49,656
- Contributions +€5,000
new in 2025: €5,000
- Gross operating margin -€19,625
down €19,625 (-226%), from -€8,667 to -€28,292
- Depreciation +€3,907
up €3,907 (+156%), from €2,508 to €6,415
- Staff costs +€2,962
new in 2025: €2,962
- Other operating charges +€538
new in 2025: €538
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 | €33,325 | €117,395 | +€84,070 | +252% |
| Fixed assets | 21/28 | €29,568 | €23,153 | -€6,415 | -21.7% |
| Tangible fixed assets | 22/27 | €29,568 | €23,153 | -€6,415 | -21.7% |
| Plant, machinery and equipment | 23 | €29,568 | €23,153 | -€6,415 | -21.7% |
| Current assets | 29/58 | €3,757 | €94,242 | +€90,485 | +2,409% |
| Amounts receivable within one year | 40/41 | €3,720 | €90,047 | +€86,327 | +2,321% |
| Trade receivables | 40 | - | €86,767 | +€86,767 | |
| Other amounts receivable | 41 | €3,720 | €3,280 | -€440 | -11.8% |
| Cash at bank and in hand | 54/58 | €37 | €4,194 | +€4,158 | +11,356% |
| Total equity and liabilities | 10/49 | €33,325 | €117,395 | +€84,070 | +252% |
| Equity | 10/15 | -€11,175 | -€44,656 | -€33,481 | -300% |
| Contributions | 10/11 | - | €5,000 | +€5,000 | |
| Profit (loss) carried forward | 14 | -€11,175 | -€49,656 | -€38,481 | -344% |
| Amounts payable | 17/49 | €44,500 | €162,050 | +€117,550 | +264% |
| Amounts payable within one year | 42/48 | €44,500 | €162,050 | +€117,550 | +264% |
| Trade debts | 44 | - | €450 | +€450 | |
| Suppliers | 440/4 | - | €450 | +€450 | |
| Other amounts payable | 47/48 | €44,500 | €161,600 | +€117,100 | +263% |
| Remuneration, social security and pensions | 62 | - | €2,962 | +€2,962 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,508 | €6,415 | +€3,907 | +156% |
| Other operating charges | 640/8 | - | €538 | +€538 | |
| Gross operating margin | 9900 | -€8,667 | -€28,292 | -€19,625 | -226% |
| Operating profit (loss) | 9901 | -€11,175 | -€38,207 | -€27,032 | -242% |
| Financial charges | 65/66B | - | €274 | +€274 | |
| Recurring financial charges | 65 | - | €274 | +€274 | |
| Profit (loss) for the period before taxes | 9903 | -€11,175 | -€38,481 | -€27,306 | -244% |
| Profit (loss) for the period | 9904 | -€11,175 | -€38,481 | -€27,306 | -244% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,175 | -€38,481 | -€27,306 | -244% |
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 2 November 2026 via checked.be.