HABIMAS: 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.
HABIMAS
Largest movements
- Tangible fixed assets -€415,005
down €415,005 (-28.9%), from €1.4m to €1.0m
of which Land and buildings: -€406,870
- Cash +€206,225
up €206,225, from €0 to €206,225
mainly Investment in fixed assets (net) (+€370,170) and Net result for the year (+€59,576)
- Receivables within one year +€52,139
up €52,139 (+139%), from €37,558 to €89,697
of which Other amounts receivable: +€65,190
- Debts after one year -€176,217
down €176,217 (-19.5%), from €902,164 to €725,946
- Reserves +€59,576
up €59,576 (+17.7%), from €337,271 to €396,847
of which Distributable reserves: +€68,986
- Gross operating margin +€23,739
up €23,739 (+19.0%), from €125,266 to €149,005
- Depreciation -€10,305
down €10,305 (-18.7%), from €55,140 to €44,835
- Taxes +€4,295
up €4,295 (+20.7%), from €20,793 to €25,088
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 | €1,477,193 | €1,322,139 | -€155,054 | -10.5% |
| Fixed assets | 21/28 | €1,437,801 | €1,022,796 | -€415,005 | -28.9% |
| Tangible fixed assets | 22/27 | €1,437,801 | €1,022,796 | -€415,005 | -28.9% |
| Land and buildings | 22 | €1,396,752 | €989,881 | -€406,870 | -29.1% |
| Plant, machinery and equipment | 23 | €26,802 | €25,111 | -€1,691 | -6.3% |
| Furniture and vehicles | 24 | €14,247 | €7,803 | -€6,444 | -45.2% |
| Current assets | 29/58 | €39,392 | €299,343 | +€259,951 | +660% |
| Amounts receivable within one year | 40/41 | €37,558 | €89,697 | +€52,139 | +139% |
| Trade receivables | 40 | €29,371 | €16,321 | -€13,051 | -44.4% |
| Other amounts receivable | 41 | €8,187 | €73,376 | +€65,190 | +796% |
| Cash at bank and in hand | 54/58 | €0 | €206,225 | +€206,225 | |
| Deferred charges and accrued income | 490/1 | €1,834 | €3,421 | +€1,586 | +86.5% |
| Total equity and liabilities | 10/49 | €1,477,193 | €1,322,139 | -€155,054 | -10.5% |
| Equity | 10/15 | €355,871 | €415,447 | +€59,576 | +16.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €337,271 | €396,847 | +€59,576 | +17.7% |
| Tax-exempt reserves | 132 | €254,354 | €244,944 | -€9,410 | -3.7% |
| Distributable reserves | 133 | €82,918 | €151,904 | +€68,986 | +83.2% |
| Provisions and deferred taxes | 16 | €84,785 | €81,648 | -€3,137 | -3.7% |
| Deferred taxes | 168 | €84,785 | €81,648 | -€3,137 | -3.7% |
| Amounts payable | 17/49 | €1,036,537 | €825,044 | -€211,493 | -20.4% |
| Amounts payable after more than one year | 17 | €902,164 | €725,946 | -€176,217 | -19.5% |
| Financial debts | 170/4 | €902,164 | €725,946 | -€176,217 | -19.5% |
| Amounts payable within one year | 42/48 | €134,364 | €99,097 | -€35,267 | -26.2% |
| Current portion of amounts payable after more than one year | 42 | €61,829 | €51,579 | -€10,250 | -16.6% |
| Financial debts | 43 | €2,500 | €0 | -€2,500 | -100% |
| Credit institutions | 430/8 | €2,500 | €0 | -€2,500 | -100% |
| Trade debts | 44 | €15,755 | €13,383 | -€2,373 | -15.1% |
| Suppliers | 440/4 | €15,755 | €13,383 | -€2,373 | -15.1% |
| Advances received on contracts in progress | 46 | €11,326 | €0 | -€11,326 | -100% |
| Taxes, remuneration and social security | 45 | €30,816 | €25,684 | -€5,132 | -16.7% |
| Taxes | 450/3 | €30,816 | €25,684 | -€5,132 | -16.7% |
| Other amounts payable | 47/48 | €12,138 | €8,452 | -€3,686 | -30.4% |
| Accrued charges and deferred income | 492/3 | €9 | €0 | -€9 | -100% |
| Non-recurring operating income | 76A | - | €76,666 | +€76,666 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,140 | €44,835 | -€10,305 | -18.7% |
| Other operating charges | 640/8 | €6,985 | €7,011 | +€26 | +0.4% |
| Gross operating margin | 9900 | €125,266 | €149,005 | +€23,739 | +19.0% |
| Operating profit (loss) | 9901 | €63,141 | €97,159 | +€34,018 | +53.9% |
| Financial income | 75/76B | €0 | €1,223 | +€1,223 | |
| Recurring financial income | 75 | €0 | €1,223 | +€1,223 | |
| Financial charges | 65/66B | €15,477 | €16,854 | +€1,377 | +8.9% |
| Recurring financial charges | 65 | €15,477 | €16,854 | +€1,377 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | €47,664 | €81,528 | +€33,864 | +71.0% |
| Transfer from deferred taxes | 780 | €3,137 | €3,137 | = | 0.0% |
| Income taxes | 67/77 | €20,793 | €25,088 | +€4,295 | +20.7% |
| Profit (loss) for the period | 9904 | €30,007 | €59,576 | +€29,568 | +98.5% |
| Transfer from tax-exempt reserves | 789 | €9,410 | €9,410 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €39,417 | €68,986 | +€29,568 | +75.0% |
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 16 October 2026 via checked.be.