Haeck-DSE: 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.
Haeck-DSE
Largest movements
- Cash -€486
down €486 (-60.8%), from €799 to €313
mainly Net result for the year (-€2,633)
- Profit (loss) carried forward -€2,633
down €2,633 (-84.3%), from €3,125 to €492
- Other debts +€1,900
up €1,900 (+60.7%), from €3,132 to €5,032
- Trade debts +€220
up €220 (+296%), from €74 to €294
- Gross operating margin +€266
up €266 (+9.8%), from -€2,701 to -€2,435
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 | €9,631 | €9,118 | -€513 | -5.3% |
| Fixed assets | 21/28 | €8,439 | €8,439 | = | 0.0% |
| Tangible fixed assets | 22/27 | €8,439 | €8,439 | = | 0.0% |
| Land and buildings | 22 | €307 | €307 | = | 0.0% |
| Plant, machinery and equipment | 23 | €6,199 | €6,199 | = | 0.0% |
| Furniture and vehicles | 24 | €1,932 | €1,932 | = | 0.0% |
| Current assets | 29/58 | €1,192 | €679 | -€513 | -43.0% |
| Amounts receivable within one year | 40/41 | €393 | €366 | -€27 | -7.0% |
| Other amounts receivable | 41 | €393 | €366 | -€27 | -7.0% |
| Cash at bank and in hand | 54/58 | €799 | €313 | -€486 | -60.8% |
| Total equity and liabilities | 10/49 | €9,631 | €9,118 | -€513 | -5.3% |
| Equity | 10/15 | €6,425 | €3,792 | -€2,633 | -41.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €300 | €300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Legal reserve | 130 | €300 | €300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,125 | €492 | -€2,633 | -84.3% |
| Amounts payable | 17/49 | €3,206 | €5,326 | +€2,120 | +66.1% |
| Amounts payable within one year | 42/48 | €3,206 | €5,326 | +€2,120 | +66.1% |
| Trade debts | 44 | €74 | €294 | +€220 | +296% |
| Suppliers | 440/4 | €74 | €294 | +€220 | +296% |
| Other amounts payable | 47/48 | €3,132 | €5,032 | +€1,900 | +60.7% |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Gross operating margin | 9900 | -€2,701 | -€2,435 | +€266 | +9.8% |
| Operating profit (loss) | 9901 | -€2,841 | -€2,579 | +€262 | +9.2% |
| Financial charges | 65/66B | €51 | €54 | +€3 | +5.9% |
| Recurring financial charges | 65 | €51 | €54 | +€3 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,892 | -€2,633 | +€259 | +9.0% |
| Profit (loss) for the period | 9904 | -€2,892 | -€2,633 | +€259 | +9.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,892 | -€2,633 | +€259 | +9.0% |
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.