Habiqo: 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.
Habiqo
Largest movements
- Tangible fixed assets +€555,045
up €555,045 (+42.7%), from €1.3m to €1.9m
of which Land and buildings: +€453,169
- Cash -€63,789
down €63,789 (-53.5%), from €119,122 to €55,333
mainly Investment in fixed assets (net) (-€637,983) and Other debts (-€48,830)
- Debts after one year +€303,327
up €303,327 (+35.1%), from €864,051 to €1.2m
- Reserves +€195,318
up €195,318 (+66.1%), from €295,500 to €490,818
of which Distributable reserves: +€132,168
- Other debts -€48,830
down €48,830 (-30.6%), from €159,524 to €110,694
- Current portion of long-term debt +€42,187
up €42,187 (+73.8%), from €57,151 to €99,338
- Gross operating margin +€31,751
up €31,751 (+9.5%), from €332,940 to €364,690
- Financial charges +€10,409
up €10,409 (+67.7%), from €15,365 to €25,774
- Taxes +€5,671
up €5,671 (+10.8%), from €52,735 to €58,405
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 | €1,427,023 | €1,928,165 | +€501,141 | +35.1% |
| Fixed assets | 21/28 | €1,301,369 | €1,856,414 | +€555,045 | +42.7% |
| Tangible fixed assets | 22/27 | €1,301,369 | €1,856,414 | +€555,045 | +42.7% |
| Land and buildings | 22 | €1,275,361 | €1,728,530 | +€453,169 | +35.5% |
| Plant, machinery and equipment | 23 | €26,008 | €23,933 | -€2,075 | -8.0% |
| Leasing and similar rights | 25 | - | €103,951 | +€103,951 | |
| Current assets | 29/58 | €125,654 | €71,751 | -€53,904 | -42.9% |
| Amounts receivable within one year | 40/41 | €2,265 | €11,595 | +€9,329 | +412% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €2,265 | €11,595 | +€9,329 | +412% |
| Cash at bank and in hand | 54/58 | €119,122 | €55,333 | -€63,789 | -53.5% |
| Deferred charges and accrued income | 490/1 | €4,267 | €4,823 | +€556 | +13.0% |
| Total equity and liabilities | 10/49 | €1,427,023 | €1,928,165 | +€501,141 | +35.1% |
| Equity | 10/15 | €298,438 | €493,318 | +€194,881 | +65.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €295,500 | €490,818 | +€195,318 | +66.1% |
| Tax-exempt reserves | 132 | - | €63,150 | +€63,150 | |
| Distributable reserves | 133 | €295,500 | €427,668 | +€132,168 | +44.7% |
| Profit (loss) carried forward | 14 | €438 | €0 | -€438 | -100% |
| Amounts payable | 17/49 | €1,128,586 | €1,434,846 | +€306,260 | +27.1% |
| Amounts payable after more than one year | 17 | €864,051 | €1,167,378 | +€303,327 | +35.1% |
| Financial debts | 170/4 | €864,051 | €1,167,378 | +€303,327 | +35.1% |
| Amounts payable within one year | 42/48 | €264,535 | €267,469 | +€2,933 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €57,151 | €99,338 | +€42,187 | +73.8% |
| Trade debts | 44 | €736 | €5,675 | +€4,940 | +671% |
| Suppliers | 440/4 | €736 | €5,675 | +€4,940 | +671% |
| Taxes, remuneration and social security | 45 | €47,125 | €51,761 | +€4,637 | +9.8% |
| Taxes | 450/3 | €47,125 | €51,761 | +€4,637 | +9.8% |
| Other amounts payable | 47/48 | €159,524 | €110,694 | -€48,830 | -30.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,855 | €82,939 | -€2,916 | -3.4% |
| Other operating charges | 640/8 | €3,591 | €2,691 | -€900 | -25.1% |
| Gross operating margin | 9900 | €332,940 | €364,690 | +€31,751 | +9.5% |
| Operating profit (loss) | 9901 | €243,493 | €279,060 | +€35,567 | +14.6% |
| Financial charges | 65/66B | €15,365 | €25,774 | +€10,409 | +67.7% |
| Recurring financial charges | 65 | €15,365 | €25,774 | +€10,409 | +67.7% |
| Profit (loss) for the period before taxes | 9903 | €228,128 | €253,286 | +€25,158 | +11.0% |
| Income taxes | 67/77 | €52,735 | €58,405 | +€5,671 | +10.8% |
| Profit (loss) for the period | 9904 | €175,394 | €194,881 | +€19,487 | +11.1% |
| Transfer to tax-exempt reserves | 689 | - | €63,150 | +€63,150 | |
| Profit (loss) for the period to be appropriated | 9905 | €175,394 | €131,731 | -€43,663 | -24.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.