HABRAMCO: 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.
HABRAMCO
Largest movements
- Receivables after one year +€30,000
new in 2025: €30,000
- Cash -€24,699
down €24,699 (-93.3%), from €26,469 to €1,770
mainly Receivables after one year (-€30,000) and Other debts (-€17,614)
- Tangible fixed assets -€1,205
down €1,205 (-11.7%), from €10,291 to €9,086
of which Land and buildings: -€1,802
- Receivables within one year +€682
up €682 (+2.8%), from €24,198 to €24,880
of which Trade receivables: +€3,611
- Reserves +€22,124
up €22,124 (+158%), from €14,021 to €36,145
of which Distributable reserves: +€22,124
- Other debts -€17,614
down €17,614 (-65.3%), from €26,957 to €9,343
- Tax, wage and social debts +€794
up €794 (+45.3%), from €1,754 to €2,549
- Gross operating margin +€25,800
up €25,800 (+164%), from €15,731 to €41,531
- Taxes +€10,088
up €10,088 (+491%), from €2,054 to €12,142
- Financial charges -€1,909
down €1,909 (-50.0%), from €3,820 to €1,910
- Depreciation -€1,316
down €1,316 (-22.4%), from €5,882 to €4,566
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 | €61,567 | €66,637 | +€5,070 | +8.2% |
| Fixed assets | 21/28 | €10,291 | €9,086 | -€1,205 | -11.7% |
| Tangible fixed assets | 22/27 | €10,291 | €9,086 | -€1,205 | -11.7% |
| Land and buildings | 22 | €4,642 | €2,839 | -€1,802 | -38.8% |
| Plant, machinery and equipment | 23 | €824 | €2,305 | +€1,481 | +180% |
| Furniture and vehicles | 24 | €4,826 | €3,942 | -€884 | -18.3% |
| Current assets | 29/58 | €51,276 | €57,551 | +€6,276 | +12.2% |
| Amounts receivable after more than one year | 29 | - | €30,000 | +€30,000 | |
| Other amounts receivable | 291 | - | €30,000 | +€30,000 | |
| Amounts receivable within one year | 40/41 | €24,198 | €24,880 | +€682 | +2.8% |
| Trade receivables | 40 | €18,309 | €21,919 | +€3,611 | +19.7% |
| Other amounts receivable | 41 | €5,889 | €2,961 | -€2,928 | -49.7% |
| Cash at bank and in hand | 54/58 | €26,469 | €1,770 | -€24,699 | -93.3% |
| Deferred charges and accrued income | 490/1 | €609 | €901 | +€292 | +48.0% |
| Total equity and liabilities | 10/49 | €61,567 | €66,637 | +€5,070 | +8.2% |
| Equity | 10/15 | €30,198 | €52,323 | +€22,124 | +73.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €14,021 | €36,145 | +€22,124 | +158% |
| Tax-exempt reserves | 132 | €879 | €879 | = | 0.0% |
| Distributable reserves | 133 | €13,141 | €35,266 | +€22,124 | +168% |
| Profit (loss) carried forward | 14 | €3,777 | €3,777 | = | 0.0% |
| Amounts payable | 17/49 | €31,369 | €14,315 | -€17,054 | -54.4% |
| Amounts payable within one year | 42/48 | €29,940 | €13,297 | -€16,643 | -55.6% |
| Trade debts | 44 | €1,229 | €1,406 | +€177 | +14.4% |
| Suppliers | 440/4 | €1,229 | €1,406 | +€177 | +14.4% |
| Taxes, remuneration and social security | 45 | €1,754 | €2,549 | +€794 | +45.3% |
| Taxes | 450/3 | €1,754 | €2,549 | +€794 | +45.3% |
| Other amounts payable | 47/48 | €26,957 | €9,343 | -€17,614 | -65.3% |
| Accrued charges and deferred income | 492/3 | €1,429 | €1,018 | -€411 | -28.8% |
| Non-recurring operating income | 76A | €2,537 | - | -€2,537 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,882 | €4,566 | -€1,316 | -22.4% |
| Other operating charges | 640/8 | €996 | €793 | -€204 | -20.4% |
| Gross operating margin | 9900 | €15,731 | €41,531 | +€25,800 | +164% |
| Operating profit (loss) | 9901 | €8,853 | €36,173 | +€27,320 | +309% |
| Financial income | 75/76B | €16 | €4 | -€12 | -75.6% |
| Recurring financial income | 75 | €16 | €4 | -€12 | -75.6% |
| Financial charges | 65/66B | €3,820 | €1,910 | -€1,909 | -50.0% |
| Recurring financial charges | 65 | €3,820 | €1,910 | -€1,909 | -50.0% |
| Profit (loss) for the period before taxes | 9903 | €5,049 | €34,266 | +€29,217 | +579% |
| Income taxes | 67/77 | €2,054 | €12,142 | +€10,088 | +491% |
| Profit (loss) for the period | 9904 | €2,995 | €22,124 | +€19,129 | +639% |
| Profit (loss) for the period to be appropriated | 9905 | €2,995 | €22,124 | +€19,129 | +639% |
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 18 October 2026 via checked.be.