HABU: 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.
HABU
Largest movements
- Stocks and contracts -€10,989
down €10,989 (-34.1%), from €32,266 to €21,277
- Tangible fixed assets -€8,095
down €8,095 (-7.1%), from €113,946 to €105,852
of which Land and buildings: -€5,936
- Cash +€4,649
up €4,649 (+22.6%), from €20,558 to €25,207
mainly Tax, wage and social debts (+€17,668) and Stocks and contracts (+€10,989)
- Other debts -€21,176
down €21,176 (-33.4%), from €63,383 to €42,207
- Tax, wage and social debts +€17,668
up €17,668 (+82.2%), from €21,500 to €39,167
of which Remuneration and social security: +€17,216
- Profit (loss) carried forward -€8,796
down €8,796 (-15.0%), from €58,758 to €49,962
- Trade debts -€2,131
no longer reported in 2025 (was €2,131)
- Taxes +€11,446
up €11,446 (+1,208%), from €947 to €12,394
- Gross operating margin -€8,354
down €8,354 (-32.8%), from €25,488 to €17,134
- Depreciation -€638
down €638 (-7.3%), from €8,733 to €8,095
- Other operating charges +€434
up €434 (+8.7%), from €4,967 to €5,401
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 | €167,771 | €153,336 | -€14,435 | -8.6% |
| Fixed assets | 21/28 | €114,946 | €106,852 | -€8,095 | -7.0% |
| Tangible fixed assets | 22/27 | €113,946 | €105,852 | -€8,095 | -7.1% |
| Land and buildings | 22 | €109,994 | €104,058 | -€5,936 | -5.4% |
| Plant, machinery and equipment | 23 | €3,953 | €1,794 | -€2,159 | -54.6% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €52,824 | €46,484 | -€6,340 | -12.0% |
| Stocks and contracts in progress | 3 | €32,266 | €21,277 | -€10,989 | -34.1% |
| Stocks | 30/36 | €32,266 | €21,277 | -€10,989 | -34.1% |
| Cash at bank and in hand | 54/58 | €20,558 | €25,207 | +€4,649 | +22.6% |
| Total equity and liabilities | 10/49 | €167,771 | €153,336 | -€14,435 | -8.6% |
| Equity | 10/15 | €80,758 | €71,962 | -€8,796 | -10.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,758 | €49,962 | -€8,796 | -15.0% |
| Amounts payable | 17/49 | €87,013 | €81,374 | -€5,639 | -6.5% |
| Amounts payable within one year | 42/48 | €87,013 | €81,374 | -€5,639 | -6.5% |
| Trade debts | 44 | €2,131 | - | -€2,131 | |
| Suppliers | 440/4 | €2,131 | - | -€2,131 | |
| Taxes, remuneration and social security | 45 | €21,500 | €39,167 | +€17,668 | +82.2% |
| Taxes | 450/3 | €319 | €770 | +€451 | +142% |
| Remuneration and social security | 454/9 | €21,181 | €38,397 | +€17,216 | +81.3% |
| Other amounts payable | 47/48 | €63,383 | €42,207 | -€21,176 | -33.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,733 | €8,095 | -€638 | -7.3% |
| Other operating charges | 640/8 | €4,967 | €5,401 | +€434 | +8.7% |
| Gross operating margin | 9900 | €25,488 | €17,134 | -€8,354 | -32.8% |
| Operating profit (loss) | 9901 | €11,789 | €3,638 | -€8,150 | -69.1% |
| Financial income | 75/76B | €5 | €134 | +€129 | +2,443% |
| Recurring financial income | 75 | €5 | €134 | +€129 | +2,443% |
| Financial charges | 65/66B | €195 | €174 | -€21 | -10.8% |
| Recurring financial charges | 65 | €195 | €174 | -€21 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €11,599 | €3,598 | -€8,001 | -69.0% |
| Income taxes | 67/77 | €947 | €12,394 | +€11,446 | +1,208% |
| Profit (loss) for the period | 9904 | €10,651 | -€8,796 | -€19,447 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,651 | -€8,796 | -€19,447 |
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.