HABEX SVEN: 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 SVEN
Largest movements
- Cash +€114,805
up €114,805 (+665%), from €17,255 to €132,061
mainly Net result for the year (+€109,951) and Tax, wage and social debts (+€22,403)
- Receivables within one year +€13,952
up €13,952 (+329%), from €4,235 to €18,187
- Tangible fixed assets +€1,808
up €1,808 (+83.5%), from €2,164 to €3,972
of which Plant, machinery and equipment: +€1,717
- Profit (loss) carried forward +€109,951
up €109,951 (+1,153%), from €9,533 to €119,484
- Tax, wage and social debts +€22,403
up €22,403 (+232%), from €9,647 to €32,050
of which Taxes: +€25,006
- Gross operating margin +€130,573
up €130,573 (+1,030%), from €12,676 to €143,249
- Taxes +€27,965
up €27,965 (+1,151%), from €2,431 to €30,395
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 | €24,094 | €154,666 | +€130,573 | +542% |
| Fixed assets | 21/28 | €2,164 | €3,972 | +€1,808 | +83.5% |
| Tangible fixed assets | 22/27 | €2,164 | €3,972 | +€1,808 | +83.5% |
| Plant, machinery and equipment | 23 | - | €1,717 | +€1,717 | |
| Furniture and vehicles | 24 | €2,164 | €2,255 | +€90 | +4.2% |
| Current assets | 29/58 | €21,929 | €150,694 | +€128,765 | +587% |
| Amounts receivable within one year | 40/41 | €4,235 | €18,187 | +€13,952 | +329% |
| Trade receivables | 40 | €4,235 | €18,187 | +€13,952 | +329% |
| Cash at bank and in hand | 54/58 | €17,255 | €132,061 | +€114,805 | +665% |
| Deferred charges and accrued income | 490/1 | €439 | €447 | +€7 | +1.7% |
| Total equity and liabilities | 10/49 | €24,094 | €154,666 | +€130,573 | +542% |
| Equity | 10/15 | €12,033 | €121,984 | +€109,951 | +914% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,533 | €119,484 | +€109,951 | +1,153% |
| Amounts payable | 17/49 | €12,061 | €32,683 | +€20,621 | +171% |
| Amounts payable within one year | 42/48 | €12,061 | €32,683 | +€20,621 | +171% |
| Trade debts | 44 | €1,414 | €539 | -€875 | -61.9% |
| Suppliers | 440/4 | €1,414 | €539 | -€875 | -61.9% |
| Taxes, remuneration and social security | 45 | €9,647 | €32,050 | +€22,403 | +232% |
| Taxes | 450/3 | €7,044 | €32,050 | +€25,006 | +355% |
| Remuneration and social security | 454/9 | €2,603 | - | -€2,603 | |
| Other amounts payable | 47/48 | €1,000 | €94 | -€906 | -90.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €200 | €1,300 | +€1,099 | +549% |
| Other operating charges | 640/8 | - | €287 | +€287 | |
| Gross operating margin | 9900 | €12,676 | €143,249 | +€130,573 | +1,030% |
| Operating profit (loss) | 9901 | €12,476 | €141,662 | +€129,186 | +1,035% |
| Financial income | 75/76B | €0 | €5 | +€5 | +50,000% |
| Recurring financial income | 75 | €0 | €5 | +€5 | +50,000% |
| Financial charges | 65/66B | €513 | €1,321 | +€808 | +158% |
| Recurring financial charges | 65 | €513 | €1,321 | +€808 | +158% |
| Profit (loss) for the period before taxes | 9903 | €11,963 | €140,346 | +€128,383 | +1,073% |
| Income taxes | 67/77 | €2,431 | €30,395 | +€27,965 | +1,151% |
| Profit (loss) for the period | 9904 | €9,533 | €109,951 | +€100,419 | +1,053% |
| Profit (loss) for the period to be appropriated | 9905 | €9,533 | €109,951 | +€100,419 | +1,053% |
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 24 October 2026 via checked.be.