HABICO: 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.
HABICO
Largest movements
- Receivables within one year +€48,509
up €48,509 (+16.1%), from €302,004 to €350,513
of which Trade receivables: +€46,803
- Cash -€25,802
down €25,802 (-26.1%), from €98,683 to €72,881
mainly Receivables within one year (-€48,509) and Debts after one year (-€7,043)
- Tangible fixed assets -€13,135
down €13,135 (-30.5%), from €43,037 to €29,902
- Other debts +€11,964
up €11,964 (+152%), from €7,860 to €19,824
- Debts after one year -€7,043
down €7,043 (-23.5%), from €29,942 to €22,899
- Gross operating margin +€59,678
up €59,678 (+72.2%), from €82,658 to €142,336
- Staff costs +€53,420
up €53,420 (+48.3%), from €110,579 to €163,999
- Financial income +€41,779
up €41,779 (+22,300%), from €187 to €41,966
of which Non-recurring financial income: +€41,947
- Depreciation +€5,564
up €5,564 (+73.5%), from €7,572 to €13,135
- Other operating charges -€1,853
down €1,853 (-46.8%), from €3,961 to €2,108
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 | €446,174 | €454,654 | +€8,479 | +1.9% |
| Fixed assets | 21/28 | €43,037 | €29,902 | -€13,135 | -30.5% |
| Tangible fixed assets | 22/27 | €43,037 | €29,902 | -€13,135 | -30.5% |
| Furniture and vehicles | 24 | €43,037 | €29,902 | -€13,135 | -30.5% |
| Current assets | 29/58 | €403,137 | €424,752 | +€21,615 | +5.4% |
| Amounts receivable within one year | 40/41 | €302,004 | €350,513 | +€48,509 | +16.1% |
| Trade receivables | 40 | €295,856 | €342,660 | +€46,803 | +15.8% |
| Other amounts receivable | 41 | €6,148 | €7,854 | +€1,706 | +27.7% |
| Cash at bank and in hand | 54/58 | €98,683 | €72,881 | -€25,802 | -26.1% |
| Deferred charges and accrued income | 490/1 | €2,449 | €1,357 | -€1,092 | -44.6% |
| Total equity and liabilities | 10/49 | €446,174 | €454,654 | +€8,479 | +1.9% |
| Equity | 10/15 | €126,754 | €129,469 | +€2,715 | +2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €108,154 | €110,869 | +€2,715 | +2.5% |
| Distributable reserves | 133 | €108,154 | €110,869 | +€2,715 | +2.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €319,420 | €325,185 | +€5,764 | +1.8% |
| Amounts payable after more than one year | 17 | €29,942 | €22,899 | -€7,043 | -23.5% |
| Financial debts | 170/4 | €29,942 | €22,899 | -€7,043 | -23.5% |
| Amounts payable within one year | 42/48 | €289,478 | €302,285 | +€12,807 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €6,767 | €7,043 | +€276 | +4.1% |
| Trade debts | 44 | €241,857 | €238,648 | -€3,209 | -1.3% |
| Suppliers | 440/4 | €241,857 | €238,648 | -€3,209 | -1.3% |
| Taxes, remuneration and social security | 45 | €32,994 | €36,770 | +€3,776 | +11.4% |
| Taxes | 450/3 | €13,325 | €18,448 | +€5,123 | +38.4% |
| Remuneration and social security | 454/9 | €19,669 | €18,322 | -€1,347 | -6.8% |
| Other amounts payable | 47/48 | €7,860 | €19,824 | +€11,964 | +152% |
| Remuneration, social security and pensions | 62 | €110,579 | €163,999 | +€53,420 | +48.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,572 | €13,135 | +€5,564 | +73.5% |
| Other operating charges | 640/8 | €3,961 | €2,108 | -€1,853 | -46.8% |
| Gross operating margin | 9900 | €82,658 | €142,336 | +€59,678 | +72.2% |
| Operating profit (loss) | 9901 | -€39,454 | -€36,906 | +€2,548 | +6.5% |
| Financial income | 75/76B | €187 | €41,966 | +€41,779 | +22,300% |
| Recurring financial income | 75 | €187 | €19 | -€168 | -89.9% |
| Non-recurring financial income | 76B | - | €41,947 | +€41,947 | |
| Financial charges | 65/66B | €935 | €1,822 | +€887 | +94.9% |
| Recurring financial charges | 65 | €935 | €1,822 | +€887 | +94.9% |
| Profit (loss) for the period before taxes | 9903 | -€40,202 | €3,238 | +€43,439 | |
| Income taxes | 67/77 | €205 | €523 | +€318 | +156% |
| Profit (loss) for the period | 9904 | -€40,406 | €2,715 | +€43,121 | |
| Profit (loss) for the period to be appropriated | 9905 | -€40,406 | €2,715 | +€43,121 |
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 1 November 2026 via checked.be.