HABEX LT: 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.
HABEX LT
Largest movements
- Tangible fixed assets -€8,700
down €8,700 (-3.6%), from €241,144 to €232,444
- Debts after one year -€18,969
down €18,969 (-9.2%), from €206,610 to €187,642
of which Financial debts: -€18,969
- Reserves +€4,373
up €4,373 (+128%), from €3,427 to €7,800
- Gross operating margin -€1,671
down €1,671 (-7.3%), from €22,791 to €21,120
- Taxes +€895
up €895 (+69.7%), from €1,284 to €2,178
- Financial charges -€334
down €334 (-8.5%), from €3,906 to €3,572
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 | €256,402 | €246,741 | -€9,661 | -3.8% |
| Fixed assets | 21/28 | €241,144 | €232,444 | -€8,700 | -3.6% |
| Tangible fixed assets | 22/27 | €241,144 | €232,444 | -€8,700 | -3.6% |
| Land and buildings | 22 | €241,144 | €232,444 | -€8,700 | -3.6% |
| Current assets | 29/58 | €15,258 | €14,297 | -€961 | -6.3% |
| Cash at bank and in hand | 54/58 | €14,631 | €13,623 | -€1,007 | -6.9% |
| Deferred charges and accrued income | 490/1 | €627 | €674 | +€46 | +7.4% |
| Total equity and liabilities | 10/49 | €256,402 | €246,741 | -€9,661 | -3.8% |
| Equity | 10/15 | €8,427 | €12,800 | +€4,373 | +51.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €3,427 | €7,800 | +€4,373 | +128% |
| Distributable reserves | 133 | €3,427 | €7,800 | +€4,373 | +128% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €247,975 | €233,942 | -€14,034 | -5.7% |
| Amounts payable after more than one year | 17 | €206,610 | €187,642 | -€18,969 | -9.2% |
| Financial debts | 170/4 | €181,610 | €162,642 | -€18,969 | -10.4% |
| Other amounts payable | 178/9 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €41,365 | €46,300 | +€4,935 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €18,635 | €18,969 | +€333 | +1.8% |
| Trade debts | 44 | €387 | €713 | +€326 | +84.0% |
| Suppliers | 440/4 | €387 | €713 | +€326 | +84.0% |
| Taxes, remuneration and social security | 45 | €1,284 | €3,462 | +€2,178 | +170% |
| Taxes | 450/3 | €1,284 | €3,462 | +€2,178 | +170% |
| Other amounts payable | 47/48 | €21,059 | €23,156 | +€2,098 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,700 | €8,700 | = | 0.0% |
| Other operating charges | 640/8 | €2,233 | €2,297 | +€64 | +2.9% |
| Gross operating margin | 9900 | €22,791 | €21,120 | -€1,671 | -7.3% |
| Operating profit (loss) | 9901 | €11,858 | €10,123 | -€1,735 | -14.6% |
| Financial charges | 65/66B | €3,906 | €3,572 | -€334 | -8.5% |
| Recurring financial charges | 65 | €3,906 | €3,572 | -€334 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €7,953 | €6,551 | -€1,402 | -17.6% |
| Income taxes | 67/77 | €1,284 | €2,178 | +€895 | +69.7% |
| Profit (loss) for the period | 9904 | €6,669 | €4,373 | -€2,296 | -34.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,669 | €4,373 | -€2,296 | -34.4% |
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.