HABICOM: 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.
HABICOM
Largest movements
- Stocks and contracts +€967,136
up €967,136 (+740%), from €130,668 to €1.1m
- Tangible fixed assets -€945,744
down €945,744 (-36.7%), from €2.6m to €1.6m
of which Land and buildings: -€690,679
- Receivables within one year -€312,557
down €312,557 (-32.9%), from €949,902 to €637,345
of which Trade receivables: -€225,257
- Cash +€49,529
up €49,529 (+5.3%), from €933,408 to €982,938
mainly Investment in fixed assets (net) (+€789,354) and Receivables within one year (+€312,557)
- Trade debts -€214,766
down €214,766 (-28.4%), from €757,330 to €542,564
- Reserves +€154,780
up €154,780 (+18.6%), from €833,646 to €988,426
of which Distributable reserves: +€154,780
- Debts after one year -€140,331
down €140,331 (-7.8%), from €1.8m to €1.7m
- Current portion of long-term debt -€57,608
down €57,608 (-23.1%), from €249,651 to €192,044
- Gross operating margin +€73,399
up €73,399 (+8.6%), from €850,743 to €924,142
- Depreciation -€48,442
down €48,442 (-23.3%), from €207,946 to €159,505
- Taxes +€44,768
up €44,768 (+234%), from €19,157 to €63,925
- Staff costs -€36,069
down €36,069 (-7.5%), from €477,927 to €441,858
- Financial charges -€26,561
down €26,561 (-24.4%), from €108,651 to €82,090
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 | €4,786,834 | €4,539,536 | -€247,298 | -5.2% |
| Fixed assets | 21/28 | €2,746,222 | €1,797,364 | -€948,858 | -34.6% |
| Intangible fixed assets | 21 | €7,584 | €4,470 | -€3,114 | -41.1% |
| Tangible fixed assets | 22/27 | €2,574,363 | €1,628,619 | -€945,744 | -36.7% |
| Land and buildings | 22 | €2,204,671 | €1,513,991 | -€690,679 | -31.3% |
| Furniture and vehicles | 24 | €101,574 | €92,377 | -€9,196 | -9.1% |
| Other tangible fixed assets | 26 | €29,999 | €22,251 | -€7,749 | -25.8% |
| Assets under construction and advance payments | 27 | €238,120 | - | -€238,120 | |
| Financial fixed assets | 28 | €164,275 | €164,275 | = | 0.0% |
| Current assets | 29/58 | €2,040,612 | €2,742,172 | +€701,561 | +34.4% |
| Stocks and contracts in progress | 3 | €130,668 | €1,097,804 | +€967,136 | +740% |
| Stocks | 30/36 | €130,668 | €1,097,804 | +€967,136 | +740% |
| Amounts receivable within one year | 40/41 | €949,902 | €637,345 | -€312,557 | -32.9% |
| Trade receivables | 40 | €805,899 | €580,642 | -€225,257 | -28.0% |
| Other amounts receivable | 41 | €144,003 | €56,703 | -€87,299 | -60.6% |
| Current investments | 50/53 | €4,929 | €70 | -€4,859 | -98.6% |
| Cash at bank and in hand | 54/58 | €933,408 | €982,938 | +€49,529 | +5.3% |
| Deferred charges and accrued income | 490/1 | €21,704 | €24,015 | +€2,311 | +10.6% |
| Total equity and liabilities | 10/49 | €4,786,834 | €4,539,536 | -€247,298 | -5.2% |
| Equity | 10/15 | €852,246 | €1,007,026 | +€154,780 | +18.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €833,646 | €988,426 | +€154,780 | +18.6% |
| Tax-exempt reserves | 132 | €491 | €491 | = | 0.0% |
| Distributable reserves | 133 | €833,155 | €987,935 | +€154,780 | +18.6% |
| Amounts payable | 17/49 | €3,934,588 | €3,532,511 | -€402,077 | -10.2% |
| Amounts payable after more than one year | 17 | €1,803,774 | €1,663,443 | -€140,331 | -7.8% |
| Financial debts | 170/4 | €1,803,774 | €1,663,443 | -€140,331 | -7.8% |
| Amounts payable within one year | 42/48 | €2,121,680 | €1,864,684 | -€256,996 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €249,651 | €192,044 | -€57,608 | -23.1% |
| Financial debts | 43 | €189,087 | €208,988 | +€19,901 | +10.5% |
| Credit institutions | 430/8 | €189,087 | €208,988 | +€19,901 | +10.5% |
| Trade debts | 44 | €757,330 | €542,564 | -€214,766 | -28.4% |
| Suppliers | 440/4 | €757,330 | €542,564 | -€214,766 | -28.4% |
| Taxes, remuneration and social security | 45 | €108,476 | €95,471 | -€13,005 | -12.0% |
| Taxes | 450/3 | €23,919 | €25,882 | +€1,963 | +8.2% |
| Remuneration and social security | 454/9 | €84,557 | €69,589 | -€14,968 | -17.7% |
| Other amounts payable | 47/48 | €817,135 | €825,617 | +€8,482 | +1.0% |
| Accrued charges and deferred income | 492/3 | €9,134 | €4,383 | -€4,751 | -52.0% |
| Non-recurring operating income | 76A | - | €328,349 | +€328,349 | |
| Remuneration, social security and pensions | 62 | €477,927 | €441,858 | -€36,069 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €207,946 | €159,505 | -€48,442 | -23.3% |
| Other operating charges | 640/8 | €22,889 | €22,318 | -€571 | -2.5% |
| Gross operating margin | 9900 | €850,743 | €924,142 | +€73,399 | +8.6% |
| Operating profit (loss) | 9901 | €141,981 | €300,462 | +€158,480 | +112% |
| Financial income | 75/76B | €15,070 | €333 | -€14,738 | -97.8% |
| Recurring financial income | 75 | €15,070 | €333 | -€14,738 | -97.8% |
| Financial charges | 65/66B | €108,651 | €82,090 | -€26,561 | -24.4% |
| Recurring financial charges | 65 | €108,651 | €82,090 | -€26,561 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | €48,401 | €218,704 | +€170,304 | +352% |
| Income taxes | 67/77 | €19,157 | €63,925 | +€44,768 | +234% |
| Profit (loss) for the period | 9904 | €29,243 | €154,780 | +€125,536 | +429% |
| Profit (loss) for the period to be appropriated | 9905 | €29,243 | €154,780 | +€125,536 | +429% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.