HAECK VARKENS: 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 VARKENS
NACE 01.462, Crop and animal production, hunting and related service activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€27,870
2024 · €888,841-€860,971
Equity
€2.3m
2024 · €2.3m+€7,870
Cash
-
not filed
Balance sheet total
€6.4m
2024 · €6.1m+€233,499
Largest movements
Assets
- Receivables within one year +€161,644
up €161,644 (+46.2%), from €349,966 to €511,610
of which Trade receivables: +€113,509
- Stocks and contracts +€80,587
up €80,587 (+1.4%), from €5.7m to €5.8m
Equity and liabilities
- Trade debts +€167,830
up €167,830 (+46.9%), from €357,918 to €525,748
Income statement
- Turnover -€2.3m
down €2.3m (-7.8%), from €29.1m to €26.9m
- Goods and materials -€1.3m
down €1.3m (-5.5%), from €23.7m to €22.4m
of which Purchases: -€1.2m
- Services and other goods +€384,752
up €384,752 (+9.6%), from €4.0m to €4.4m
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
€888,841
Turnover
-€2.3m
Other operating income
-€19,750
Goods and materials
+€1.3m
Services and other goods
-€384,752
Depreciation
+€234
Other operating charges
-€276
Other operating items
+€415,686
Financial income
+€7,101
Financial charges
+€81,655
Taxes
-€1,277
Result 2025
€27,870
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,120,929 | €6,354,427 | +€233,499 | +3.8% |
| Fixed assets | 21/28 | €46,787 | €39,326 | -€7,461 | -15.9% |
| Tangible fixed assets | 22/27 | €46,787 | €39,326 | -€7,461 | -15.9% |
| Plant, machinery and equipment | 23 | €46,787 | €39,326 | -€7,461 | -15.9% |
| Current assets | 29/58 | €6,074,141 | €6,315,101 | +€240,960 | +4.0% |
| Stocks and contracts in progress | 3 | €5,716,518 | €5,797,104 | +€80,587 | +1.4% |
| Stocks | 30/36 | €5,716,518 | €5,797,104 | +€80,587 | +1.4% |
| Raw materials and consumables | 30/31 | €153,794 | €203,738 | +€49,945 | +32.5% |
| Work in progress | 32 | €5,562,724 | €5,593,366 | +€30,642 | +0.6% |
| Amounts receivable within one year | 40/41 | €349,966 | €511,610 | +€161,644 | +46.2% |
| Trade receivables | 40 | €103,666 | €217,174 | +€113,509 | +109% |
| Other amounts receivable | 41 | €246,301 | €294,436 | +€48,135 | +19.5% |
| Deferred charges and accrued income | 490/1 | €7,658 | €6,387 | -€1,271 | -16.6% |
| Total equity and liabilities | 10/49 | €6,120,929 | €6,354,427 | +€233,499 | +3.8% |
| Equity | 10/15 | €2,292,110 | €2,299,980 | +€7,870 | +0.3% |
| Contributions | 10/11 | €2,125,000 | €2,125,000 | = | 0.0% |
| Reserves | 13 | €128,000 | €128,000 | = | 0.0% |
| Distributable reserves | 133 | €128,000 | €128,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,110 | €46,980 | +€7,870 | +20.1% |
| Amounts payable | 17/49 | €3,828,819 | €4,054,448 | +€225,629 | +5.9% |
| Amounts payable after more than one year | 17 | €2,000,000 | €2,000,000 | = | 0.0% |
| Financial debts | 170/4 | €2,000,000 | €2,000,000 | = | 0.0% |
| Other loans | 174 | €2,000,000 | €2,000,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,828,819 | €2,054,448 | +€225,629 | +12.3% |
| Trade debts | 44 | €357,918 | €525,748 | +€167,830 | +46.9% |
| Suppliers | 440/4 | €357,918 | €525,748 | +€167,830 | +46.9% |
| Taxes, remuneration and social security | 45 | - | €981 | +€981 | |
| Taxes | 450/3 | - | €981 | +€981 | |
| Other amounts payable | 47/48 | €1,470,900 | €1,527,718 | +€56,817 | +3.9% |
| Operating income | 70/76A | €28,803,976 | €26,941,613 | -€1.9m | -6.5% |
| Turnover | 70 | €29,131,191 | €26,873,136 | -€2.3m | -7.8% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€386,800 | €30,642 | +€417,442 | |
| Other operating income | 74 | €57,585 | €37,835 | -€19,750 | -34.3% |
| Non-recurring operating income | 76A | €2,000 | - | -€2,000 | |
| Operating charges | 60/66A | €27,723,306 | €26,809,394 | -€913,912 | -3.3% |
| Goods for resale, raw materials and consumables | 60 | €23,708,219 | €22,409,758 | -€1.3m | -5.5% |
| Purchases | 600/8 | €23,657,611 | €22,459,702 | -€1.2m | -5.1% |
| Change in stocks: decrease (increase) | 609 | €50,608 | -€49,945 | -€100,553 | |
| Services and other goods | 61 | €4,004,410 | €4,389,162 | +€384,752 | +9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,695 | €7,461 | -€234 | -3.0% |
| Other operating charges | 640/8 | €2,738 | €3,014 | +€276 | +10.1% |
| Non-recurring operating charges | 66A | €244 | - | -€244 | |
| Operating profit (loss) | 9901 | €1,080,670 | €132,219 | -€948,451 | -87.8% |
| Financial income | 75/76B | €175 | €7,276 | +€7,101 | +4,060% |
| Recurring financial income | 75 | €175 | €7,276 | +€7,101 | +4,060% |
| Income from current assets | 751 | €175 | €7,276 | +€7,101 | +4,061% |
| Other financial income | 752/9 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €190,627 | €108,971 | -€81,655 | -42.8% |
| Recurring financial charges | 65 | €190,627 | €108,971 | -€81,655 | -42.8% |
| Debt charges | 650 | €190,304 | €108,738 | -€81,565 | -42.9% |
| Other financial charges | 652/9 | €323 | €233 | -€90 | -27.9% |
| Profit (loss) for the period before taxes | 9903 | €890,219 | €30,524 | -€859,694 | -96.6% |
| Income taxes | 67/77 | €1,378 | €2,654 | +€1,277 | +92.7% |
| Taxes | 670/3 | €1,378 | €2,981 | +€1,604 | +116% |
| Tax adjustments and reversals of tax provisions | 77 | - | €327 | +€327 | |
| Profit (loss) for the period | 9904 | €888,841 | €27,870 | -€860,971 | -96.9% |
| Profit (loss) for the period to be appropriated | 9905 | €888,841 | €27,870 | -€860,971 | -96.9% |
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 29 October 2026 via checked.be.