HABITAR: 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.
HABITAR
Largest movements
- Tangible fixed assets +€539,229
up €539,229 (+60.3%), from €894,152 to €1.4m
of which Land and buildings: +€543,593
- Cash -€288,460
down €288,460 (-88.0%), from €327,673 to €39,214
mainly Investment in fixed assets (net) (-€668,730) and Short-term financial debts (-€180,000)
- Stocks and contracts -€160,539
down €160,539 (-26.8%), from €599,511 to €438,971
- Receivables within one year +€134,838
up €134,838 (+110%), from €122,446 to €257,284
of which Other amounts receivable: +€95,256
- Debts after one year +€543,285
up €543,285 (+88.5%), from €614,223 to €1.2m
- Short-term financial debts -€180,000
down €180,000 (-100%), from €180,000 to €0
- Other debts -€178,150
down €178,150 (-33.7%), from €528,815 to €350,665
- Reserves +€62,573
up €62,573 (+10.7%), from €582,099 to €644,673
of which Distributable reserves: +€62,573
- Tax, wage and social debts -€54,339
down €54,339 (-88.1%), from €61,656 to €7,317
of which Taxes: -€53,971
- Gross operating margin +€120,450
up €120,450 (+61.3%), from €196,463 to €316,913
- Depreciation +€65,201
up €65,201 (+101%), from €64,301 to €129,501
- Financial charges +€21,423
up €21,423 (+44.8%), from €47,772 to €69,196
- Taxes +€9,247
up €9,247 (+42.6%), from €21,687 to €30,934
- Other operating charges +€5,383
up €5,383 (+185%), from €2,906 to €8,289
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 | €2,141,598 | €2,367,146 | +€225,548 | +10.5% |
| Fixed assets | 21/28 | €1,002,752 | €1,541,981 | +€539,229 | +53.8% |
| Tangible fixed assets | 22/27 | €894,152 | €1,433,381 | +€539,229 | +60.3% |
| Land and buildings | 22 | €861,472 | €1,405,065 | +€543,593 | +63.1% |
| Plant, machinery and equipment | 23 | €32,306 | €28,286 | -€4,020 | -12.4% |
| Furniture and vehicles | 24 | €373 | €30 | -€344 | -92.0% |
| Financial fixed assets | 28 | €108,600 | €108,600 | = | 0.0% |
| Current assets | 29/58 | €1,138,846 | €825,165 | -€313,681 | -27.5% |
| Stocks and contracts in progress | 3 | €599,511 | €438,971 | -€160,539 | -26.8% |
| Stocks | 30/36 | €599,511 | €438,971 | -€160,539 | -26.8% |
| Amounts receivable within one year | 40/41 | €122,446 | €257,284 | +€134,838 | +110% |
| Trade receivables | 40 | €13,784 | €53,366 | +€39,582 | +287% |
| Other amounts receivable | 41 | €108,663 | €203,918 | +€95,256 | +87.7% |
| Current investments | 50/53 | €76,376 | €86,697 | +€10,321 | +13.5% |
| Cash at bank and in hand | 54/58 | €327,673 | €39,214 | -€288,460 | -88.0% |
| Deferred charges and accrued income | 490/1 | €12,840 | €3,000 | -€9,840 | -76.6% |
| Total equity and liabilities | 10/49 | €2,141,598 | €2,367,146 | +€225,548 | +10.5% |
| Equity | 10/15 | €648,275 | €710,849 | +€62,573 | +9.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €582,099 | €644,673 | +€62,573 | +10.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €17,388 | €17,388 | = | 0.0% |
| Distributable reserves | 133 | €564,712 | €627,285 | +€62,573 | +11.1% |
| Profit (loss) carried forward | 14 | €47,576 | €47,576 | = | 0.0% |
| Amounts payable | 17/49 | €1,493,322 | €1,656,297 | +€162,975 | +10.9% |
| Amounts payable after more than one year | 17 | €614,223 | €1,157,508 | +€543,285 | +88.5% |
| Financial debts | 170/4 | €614,223 | €1,157,508 | +€543,285 | +88.5% |
| Amounts payable within one year | 42/48 | €870,984 | €470,784 | -€400,201 | -45.9% |
| Current portion of amounts payable after more than one year | 42 | €85,678 | €100,836 | +€15,158 | +17.7% |
| Financial debts | 43 | €180,000 | €0 | -€180,000 | -100% |
| Credit institutions | 430/8 | €180,000 | €0 | -€180,000 | -100% |
| Trade debts | 44 | €14,836 | €11,965 | -€2,870 | -19.3% |
| Suppliers | 440/4 | €14,836 | €11,965 | -€2,870 | -19.3% |
| Taxes, remuneration and social security | 45 | €61,656 | €7,317 | -€54,339 | -88.1% |
| Taxes | 450/3 | €59,806 | €5,835 | -€53,971 | -90.2% |
| Remuneration and social security | 454/9 | €1,850 | €1,482 | -€368 | -19.9% |
| Other amounts payable | 47/48 | €528,815 | €350,665 | -€178,150 | -33.7% |
| Accrued charges and deferred income | 492/3 | €8,115 | €28,005 | +€19,890 | +245% |
| Non-recurring operating income | 76A | - | €29,398 | +€29,398 | |
| Remuneration, social security and pensions | 62 | €12,234 | €13,931 | +€1,697 | +13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,301 | €129,501 | +€65,201 | +101% |
| Other operating charges | 640/8 | €2,906 | €8,289 | +€5,383 | +185% |
| Non-recurring operating charges | 66A | - | €3,393 | +€3,393 | |
| Gross operating margin | 9900 | €196,463 | €316,913 | +€120,450 | +61.3% |
| Operating profit (loss) | 9901 | €117,022 | €161,799 | +€44,777 | +38.3% |
| Financial income | 75/76B | €4,876 | €904 | -€3,972 | -81.5% |
| Recurring financial income | 75 | €4,876 | €904 | -€3,972 | -81.5% |
| Financial charges | 65/66B | €47,772 | €69,196 | +€21,423 | +44.8% |
| Recurring financial charges | 65 | €47,772 | €69,196 | +€21,423 | +44.8% |
| Profit (loss) for the period before taxes | 9903 | €74,125 | €93,507 | +€19,382 | +26.1% |
| Income taxes | 67/77 | €21,687 | €30,934 | +€9,247 | +42.6% |
| Profit (loss) for the period | 9904 | €52,438 | €62,573 | +€10,135 | +19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €52,438 | €62,573 | +€10,135 | +19.3% |
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 24 October 2026 via checked.be.