HAERENS & C°: 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.
HAERENS & C°
Largest movements
- Receivables within one year -€65,180
down €65,180 (-99.7%), from €65,356 to €176
of which Other amounts receivable: -€45,834
- Deferred charges and accrued income -€4,454
down €4,454 (-100%), from €4,454 to €0
- Cash -€2,443
down €2,443 (-42.2%), from €5,785 to €3,341
mainly Net result for the year (-€64,627) and Trade debts (-€7,282)
- Stocks and contracts -€840
down €840 (-100%), from €840 to €0
- Profit (loss) carried forward -€45,502
down €45,502, from €0 to -€45,502
- Reserves -€19,125
down €19,125 (-74.7%), from €25,618 to €6,493
of which Distributable reserves: -€19,125
- Trade debts -€7,282
down €7,282 (-100%), from €7,282 to €0
- Tax, wage and social debts -€834
down €834 (-13.5%), from €6,160 to €5,326
- Gross operating margin -€27,311
down €27,311, from €22,228 to -€5,082
- Taxes -€5,103
down €5,103 (-98.9%), from €5,162 to €58
- Other operating charges -€1,019
down €1,019 (-53.7%), from €1,899 to €880
- Staff costs -€691
down €691 (-100%), from €691 to €0
- Depreciation -€628
down €628 (-100%), from €628 to €0
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 | €76,804 | €3,517 | -€73,287 | -95.4% |
| Fixed assets | 21/28 | €370 | €0 | -€370 | -100% |
| Tangible fixed assets | 22/27 | €308 | €0 | -€308 | -100% |
| Furniture and vehicles | 24 | €308 | €0 | -€308 | -100% |
| Financial fixed assets | 28 | €62 | €0 | -€62 | -100% |
| Current assets | 29/58 | €76,435 | €3,517 | -€72,917 | -95.4% |
| Stocks and contracts in progress | 3 | €840 | €0 | -€840 | -100% |
| Stocks | 30/36 | €840 | €0 | -€840 | -100% |
| Amounts receivable within one year | 40/41 | €65,356 | €176 | -€65,180 | -99.7% |
| Trade receivables | 40 | €19,346 | €0 | -€19,346 | -100% |
| Other amounts receivable | 41 | €46,010 | €176 | -€45,834 | -99.6% |
| Cash at bank and in hand | 54/58 | €5,785 | €3,341 | -€2,443 | -42.2% |
| Deferred charges and accrued income | 490/1 | €4,454 | €0 | -€4,454 | -100% |
| Total equity and liabilities | 10/49 | €76,804 | €3,517 | -€73,287 | -95.4% |
| Equity | 10/15 | €62,818 | -€1,809 | -€64,627 | |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €25,618 | €6,493 | -€19,125 | -74.7% |
| Tax-exempt reserves | 132 | €6,493 | €6,493 | = | 0.0% |
| Distributable reserves | 133 | €19,125 | €0 | -€19,125 | -100% |
| Profit (loss) carried forward | 14 | €0 | -€45,502 | -€45,502 | |
| Amounts payable | 17/49 | €13,986 | €5,326 | -€8,660 | -61.9% |
| Amounts payable within one year | 42/48 | €13,986 | €5,326 | -€8,660 | -61.9% |
| Trade debts | 44 | €7,282 | €0 | -€7,282 | -100% |
| Suppliers | 440/4 | €7,282 | €0 | -€7,282 | -100% |
| Taxes, remuneration and social security | 45 | €6,160 | €5,326 | -€834 | -13.5% |
| Taxes | 450/3 | €6,160 | €5,326 | -€834 | -13.5% |
| Other amounts payable | 47/48 | €544 | €0 | -€544 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €691 | €0 | -€691 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €628 | €0 | -€628 | -100% |
| Other operating charges | 640/8 | €1,899 | €880 | -€1,019 | -53.7% |
| Non-recurring operating charges | 66A | €1,131 | €58,296 | +€57,165 | +5,056% |
| Gross operating margin | 9900 | €22,228 | -€5,082 | -€27,311 | |
| Operating profit (loss) | 9901 | €17,880 | -€64,258 | -€82,138 | |
| Financial income | 75/76B | €6 | €0 | -€6 | -98.8% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -98.8% |
| Financial charges | 65/66B | €330 | €311 | -€19 | -5.7% |
| Recurring financial charges | 65 | €330 | €311 | -€19 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €17,557 | -€64,569 | -€82,125 | |
| Income taxes | 67/77 | €5,162 | €58 | -€5,103 | -98.9% |
| Profit (loss) for the period | 9904 | €12,395 | -€64,627 | -€77,022 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,395 | -€64,627 | -€77,022 |
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 30 October 2026 via checked.be.