HAECK JAN: 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.
What changed
HAECK JAN
NACE 77.320, Rental and leasing activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€749,784
2024 · €488,319+€261,465
Equity
€1.2m
2024 · €1.2m
Cash
€859,173
2024 · €664,746+€194,428
Balance sheet total
€5.0m
2024 · €3.6m+€1.4m
Largest movements
Assets
- Receivables within one year +€795,569
up €795,569 (+44.1%), from €1.8m to €2.6m
of which Trade receivables: +€516,141
- Tangible fixed assets +€333,474
up €333,474 (+30.1%), from €1.1m to €1.4m
of which Leasing and similar rights: +€297,981
- Cash +€194,428
up €194,428 (+29.2%), from €664,746 to €859,173
mainly Trade debts (+€764,550) and Net result for the year (+€749,784)
Equity and liabilities
- Trade debts +€764,550
up €764,550 (+122%), from €629,103 to €1.4m
- Other debts +€349,784
up €349,784 (+83.9%), from €417,000 to €766,784
- Short-term financial debts +€176,587
up €176,587 (+523%), from €33,767 to €210,355
- Debts after one year +€54,059
up €54,059 (+5.7%), from €942,775 to €996,834
Income statement
- Gross operating margin +€503,237
up €503,237 (+32.3%), from €1.6m to €2.1m
- Depreciation +€112,677
up €112,677 (+34.8%), from €323,615 to €436,292
- Taxes +€78,115
up €78,115 (+50.4%), from €155,111 to €233,226
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.
Result 2024
€488,319
Gross operating margin
+€503,237
Staff costs
-€15,082
Depreciation
-€112,677
Write-downs
-€3,442
Other operating charges
-€1,870
Financial income
-€13,199
Financial charges
-€17,387
Taxes
-€78,115
Result 2025
€749,784
raises the resultlowers the result
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.
From operations
+€1.4m
Investment
-€763,569
Financing
-€483,980
Cash 2024
€664,746
From operations (derived)
+€1.4m
Net result for the year
+€749,784
Depreciation
+€436,292
Stocks and contracts
-€48,286
Receivables within one year
-€795,569
Deferred charges and accrued income
-€4,031
Trade debts
+€764,550
Tax, wage and social debts
+€2,804
Other debts
+€349,784
Accrued charges and deferred income
-€13,350
Investment (derived)
-€763,569
Investment in fixed assets (net)
-€763,569
Financing
-€483,980
Debts after one year
+€54,059
Current portion of long-term debt
+€35,157
Short-term financial debts
+€176,587
Contributions, distributions and other
-€749,784
Cash 2025
€859,173
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,617,102 | €4,986,693 | +€1.4m | +37.9% |
| Fixed assets | 21/28 | €1,118,545 | €1,445,822 | +€327,277 | +29.3% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €1,107,480 | €1,440,954 | +€333,474 | +30.1% |
| Land and buildings | 22 | €29,982 | €26,957 | -€3,025 | -10.1% |
| Plant, machinery and equipment | 23 | €264,194 | €249,267 | -€14,927 | -5.6% |
| Furniture and vehicles | 24 | €237,870 | €251,661 | +€13,791 | +5.8% |
| Leasing and similar rights | 25 | €460,513 | €758,495 | +€297,981 | +64.7% |
| Other tangible fixed assets | 26 | €114,921 | €154,574 | +€39,653 | +34.5% |
| Financial fixed assets | 28 | €11,065 | €4,868 | -€6,197 | -56.0% |
| Current assets | 29/58 | €2,498,556 | €3,540,871 | +€1.0m | +41.7% |
| Stocks and contracts in progress | 3 | - | €48,286 | +€48,286 | |
| Stocks | 30/36 | - | €48,286 | +€48,286 | |
| Amounts receivable within one year | 40/41 | €1,805,308 | €2,600,877 | +€795,569 | +44.1% |
| Trade receivables | 40 | €1,277,813 | €1,793,954 | +€516,141 | +40.4% |
| Other amounts receivable | 41 | €527,495 | €806,922 | +€279,427 | +53.0% |
| Cash at bank and in hand | 54/58 | €664,746 | €859,173 | +€194,428 | +29.2% |
| Deferred charges and accrued income | 490/1 | €28,503 | €32,534 | +€4,031 | +14.1% |
| Total equity and liabilities | 10/49 | €3,617,102 | €4,986,693 | +€1.4m | +37.9% |
| Equity | 10/15 | €1,207,948 | €1,207,948 | = | 0.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,146,448 | €1,146,448 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | €1,132,298 | €1,132,298 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,409,154 | €3,778,745 | +€1.4m | +56.8% |
| Amounts payable after more than one year | 17 | €942,775 | €996,834 | +€54,059 | +5.7% |
| Financial debts | 170/4 | €942,775 | €996,834 | +€54,059 | +5.7% |
| Amounts payable within one year | 42/48 | €1,452,903 | €2,781,785 | +€1.3m | +91.5% |
| Current portion of amounts payable after more than one year | 42 | €273,680 | €308,837 | +€35,157 | +12.8% |
| Financial debts | 43 | €33,767 | €210,355 | +€176,587 | +523% |
| Credit institutions | 430/8 | €33,767 | €210,355 | +€176,587 | +523% |
| Trade debts | 44 | €629,103 | €1,393,653 | +€764,550 | +122% |
| Suppliers | 440/4 | €629,103 | €1,393,653 | +€764,550 | +122% |
| Taxes, remuneration and social security | 45 | €99,352 | €102,156 | +€2,804 | +2.8% |
| Taxes | 450/3 | €5,349 | €11,255 | +€5,906 | +110% |
| Remuneration and social security | 454/9 | €94,003 | €90,901 | -€3,102 | -3.3% |
| Other amounts payable | 47/48 | €417,000 | €766,784 | +€349,784 | +83.9% |
| Accrued charges and deferred income | 492/3 | €13,476 | €125 | -€13,350 | -99.1% |
| Non-recurring operating income | 76A | €9,173 | €0 | -€9,173 | -100% |
| Remuneration, social security and pensions | 62 | €518,637 | €533,719 | +€15,082 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €323,615 | €436,292 | +€112,677 | +34.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,999 | €8,442 | +€3,442 | +68.9% |
| Other operating charges | 640/8 | €70,013 | €71,882 | +€1,870 | +2.7% |
| Gross operating margin | 9900 | €1,556,995 | €2,060,231 | +€503,237 | +32.3% |
| Operating profit (loss) | 9901 | €639,731 | €1,009,897 | +€370,166 | +57.9% |
| Financial income | 75/76B | €46,686 | €33,487 | -€13,199 | -28.3% |
| Recurring financial income | 75 | €46,686 | €25,493 | -€21,193 | -45.4% |
| Non-recurring financial income | 76B | - | €7,994 | +€7,994 | |
| Financial charges | 65/66B | €42,987 | €60,374 | +€17,387 | +40.4% |
| Recurring financial charges | 65 | €42,987 | €60,374 | +€17,387 | +40.4% |
| Profit (loss) for the period before taxes | 9903 | €643,429 | €983,010 | +€339,580 | +52.8% |
| Income taxes | 67/77 | €155,111 | €233,226 | +€78,115 | +50.4% |
| Profit (loss) for the period | 9904 | €488,319 | €749,784 | +€261,465 | +53.5% |
| Profit (loss) for the period to be appropriated | 9905 | €488,319 | €749,784 | +€261,465 | +53.5% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.