HADDIA: 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.
HADDIA
Largest movements
- Cash +€129,163
up €129,163 (+28.6%), from €451,927 to €581,091
mainly Net result for the year (+€171,061) and Other debts (+€97,447)
- Tangible fixed assets +€26,552
up €26,552 (+3.5%), from €760,937 to €787,489
of which Furniture and vehicles: +€47,827
- Other debts +€97,447
up €97,447 (+174%), from €55,851 to €153,298
- Reserves +€71,061
up €71,061 (+11.5%), from €619,052 to €690,113
- Gross operating margin -€57,433
down €57,433 (-14.2%), from €403,645 to €346,213
- Taxes -€17,695
down €17,695 (-19.3%), from €91,820 to €74,124
- Depreciation +€14,298
up €14,298 (+31.5%), from €45,415 to €59,713
- Financial charges -€8,580
down €8,580 (-94.0%), from €9,130 to €551
- Staff costs -€6,842
down €6,842 (-17.4%), from €39,361 to €32,519
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 | €1,267,779 | €1,446,518 | +€178,739 | +14.1% |
| Fixed assets | 21/28 | €761,127 | €787,679 | +€26,552 | +3.5% |
| Tangible fixed assets | 22/27 | €760,937 | €787,489 | +€26,552 | +3.5% |
| Land and buildings | 22 | €692,134 | €664,154 | -€27,980 | -4.0% |
| Plant, machinery and equipment | 23 | €52,220 | €61,371 | +€9,150 | +17.5% |
| Furniture and vehicles | 24 | €11,838 | €59,665 | +€47,827 | +404% |
| Other tangible fixed assets | 26 | €4,744 | €2,299 | -€2,445 | -51.5% |
| Financial fixed assets | 28 | €190 | €190 | = | 0.0% |
| Current assets | 29/58 | €506,652 | €658,839 | +€152,186 | +30.0% |
| Amounts receivable within one year | 40/41 | €10,204 | €24,661 | +€14,457 | +142% |
| Other amounts receivable | 41 | €10,204 | €24,661 | +€14,457 | +142% |
| Cash at bank and in hand | 54/58 | €451,927 | €581,091 | +€129,163 | +28.6% |
| Deferred charges and accrued income | 490/1 | €44,521 | €53,087 | +€8,566 | +19.2% |
| Total equity and liabilities | 10/49 | €1,267,779 | €1,446,518 | +€178,739 | +14.1% |
| Equity | 10/15 | €1,125,936 | €1,196,997 | +€71,061 | +6.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €619,052 | €690,113 | +€71,061 | +11.5% |
| Distributable reserves | 133 | €619,052 | €690,113 | +€71,061 | +11.5% |
| Profit (loss) carried forward | 14 | €488,284 | €488,284 | = | 0.0% |
| Amounts payable | 17/49 | €141,844 | €249,521 | +€107,677 | +75.9% |
| Amounts payable within one year | 42/48 | €85,842 | €192,672 | +€106,830 | +124% |
| Trade debts | 44 | €3,941 | €4,072 | +€131 | +3.3% |
| Suppliers | 440/4 | €3,941 | €4,072 | +€131 | +3.3% |
| Taxes, remuneration and social security | 45 | €26,050 | €35,302 | +€9,252 | +35.5% |
| Taxes | 450/3 | €21,225 | €28,316 | +€7,091 | +33.4% |
| Remuneration and social security | 454/9 | €4,825 | €6,986 | +€2,161 | +44.8% |
| Other amounts payable | 47/48 | €55,851 | €153,298 | +€97,447 | +174% |
| Accrued charges and deferred income | 492/3 | €56,002 | €56,850 | +€848 | +1.5% |
| Remuneration, social security and pensions | 62 | €39,361 | €32,519 | -€6,842 | -17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,415 | €59,713 | +€14,298 | +31.5% |
| Other operating charges | 640/8 | €8,326 | €10,076 | +€1,750 | +21.0% |
| Non-recurring operating charges | 66A | - | €63 | +€63 | |
| Gross operating margin | 9900 | €403,645 | €346,213 | -€57,433 | -14.2% |
| Operating profit (loss) | 9901 | €310,543 | €243,841 | -€66,702 | -21.5% |
| Financial income | 75/76B | €2,659 | €1,895 | -€764 | -28.7% |
| Recurring financial income | 75 | €2,659 | €1,895 | -€764 | -28.7% |
| Financial charges | 65/66B | €9,130 | €551 | -€8,580 | -94.0% |
| Recurring financial charges | 65 | €9,130 | €551 | -€8,580 | -94.0% |
| Profit (loss) for the period before taxes | 9903 | €304,072 | €245,186 | -€58,886 | -19.4% |
| Income taxes | 67/77 | €91,820 | €74,124 | -€17,695 | -19.3% |
| Profit (loss) for the period | 9904 | €212,252 | €171,061 | -€41,191 | -19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €212,252 | €171,061 | -€41,191 | -19.4% |
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 17 October 2026 via checked.be.