HABLOVA: 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.
HABLOVA
Largest movements
- Cash -€94,673
down €94,673 (-92.5%), from €102,345 to €7,672
mainly Debts after one year (-€500,000) and Accrued charges and deferred income (-€82,686)
- Debts after one year -€500,000
down €500,000 (-100%), from €500,000 to €0
- Profit (loss) carried forward +€290,624
up €290,624 (+425%), from €68,450 to €359,074
- Contributions +€200,000
up €200,000 (+14.8%), from €1.4m to €1.6m
- Accrued charges and deferred income -€82,686
down €82,686 (-100%), from €82,686 to €0
- Financial income +€120,000
up €120,000 (+63.2%), from €190,000 to €310,000
- Financial charges -€74,328
down €74,328 (-35.8%), from €207,775 to €133,446
- Gross operating margin +€69,151
up €69,151 (+150%), from €46,062 to €115,213
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 | €5,402,345 | €5,314,932 | -€87,413 | -1.6% |
| Fixed assets | 21/28 | €5,300,000 | €5,300,000 | = | 0.0% |
| Financial fixed assets | 28 | €5,300,000 | €5,300,000 | = | 0.0% |
| Current assets | 29/58 | €102,345 | €14,932 | -€87,413 | -85.4% |
| Amounts receivable within one year | 40/41 | - | €7,260 | +€7,260 | |
| Trade receivables | 40 | - | €7,260 | +€7,260 | |
| Cash at bank and in hand | 54/58 | €102,345 | €7,672 | -€94,673 | -92.5% |
| Total equity and liabilities | 10/49 | €5,402,345 | €5,314,932 | -€87,413 | -1.6% |
| Equity | 10/15 | €1,418,450 | €1,909,074 | +€490,624 | +34.6% |
| Contributions | 10/11 | €1,350,000 | €1,550,000 | +€200,000 | +14.8% |
| Profit (loss) carried forward | 14 | €68,450 | €359,074 | +€290,624 | +425% |
| Amounts payable | 17/49 | €3,983,895 | €3,405,858 | -€578,037 | -14.5% |
| Amounts payable after more than one year | 17 | €500,000 | €0 | -€500,000 | -100% |
| Financial debts | 170/4 | €500,000 | €0 | -€500,000 | -100% |
| Amounts payable within one year | 42/48 | €3,401,209 | €3,405,858 | +€4,649 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €3,400,000 | €3,400,000 | = | 0.0% |
| Trade debts | 44 | - | €5,545 | +€5,545 | |
| Suppliers | 440/4 | - | €5,545 | +€5,545 | |
| Taxes, remuneration and social security | 45 | €1,209 | €313 | -€896 | -74.1% |
| Taxes | 450/3 | €1,209 | €313 | -€896 | -74.1% |
| Accrued charges and deferred income | 492/3 | €82,686 | €0 | -€82,686 | -100% |
| Other operating charges | 640/8 | €226 | €1,143 | +€917 | +406% |
| Gross operating margin | 9900 | €46,062 | €115,213 | +€69,151 | +150% |
| Operating profit (loss) | 9901 | €45,836 | €114,070 | +€68,234 | +149% |
| Financial income | 75/76B | €190,000 | €310,000 | +€120,000 | +63.2% |
| Recurring financial income | 75 | €190,000 | €310,000 | +€120,000 | +63.2% |
| Financial charges | 65/66B | €207,775 | €133,446 | -€74,328 | -35.8% |
| Recurring financial charges | 65 | €207,775 | €133,446 | -€74,328 | -35.8% |
| Profit (loss) for the period before taxes | 9903 | €28,061 | €290,624 | +€262,563 | +936% |
| Profit (loss) for the period | 9904 | €28,061 | €290,624 | +€262,563 | +936% |
| Profit (loss) for the period to be appropriated | 9905 | €28,061 | €290,624 | +€262,563 | +936% |
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 19 October 2026 via checked.be.