Haesen Construct: 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.
Haesen Construct
Largest movements
- Tangible fixed assets +€16,814
new in 2025: €16,814
of which Furniture and vehicles: +€12,627
- Cash +€16,390
up €16,390 (+92.7%), from €17,680 to €34,070
mainly Other debts (+€17,068) and Net result for the year (+€12,132)
- Deferred charges and accrued income +€1,058
new in 2025: €1,058
- Receivables within one year -€820
down €820 (-100%), from €820 to €0
- Other debts +€17,068
new in 2025: €17,068
- Profit (loss) carried forward +€12,132
up €12,132 (+98.5%), from €12,316 to €24,447
- Tax, wage and social debts +€3,813
up €3,813 (+120%), from €3,184 to €6,997
- Gross operating margin +€2,153
up €2,153 (+13.9%), from €15,501 to €17,654
- Depreciation +€1,886
new in 2025: €1,886
- Other operating charges +€927
new in 2025: €927
- Financial income +€482
new in 2025: €482
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 | €18,500 | €51,942 | +€33,443 | +181% |
| Fixed assets | 21/28 | - | €16,814 | +€16,814 | |
| Tangible fixed assets | 22/27 | - | €16,814 | +€16,814 | |
| Plant, machinery and equipment | 23 | - | €4,188 | +€4,188 | |
| Furniture and vehicles | 24 | - | €12,627 | +€12,627 | |
| Current assets | 29/58 | €18,500 | €35,128 | +€16,628 | +89.9% |
| Amounts receivable within one year | 40/41 | €820 | €0 | -€820 | -100% |
| Other amounts receivable | 41 | €820 | €0 | -€820 | -100% |
| Cash at bank and in hand | 54/58 | €17,680 | €34,070 | +€16,390 | +92.7% |
| Deferred charges and accrued income | 490/1 | - | €1,058 | +€1,058 | |
| Total equity and liabilities | 10/49 | €18,500 | €51,942 | +€33,443 | +181% |
| Equity | 10/15 | €15,316 | €27,447 | +€12,132 | +79.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,316 | €24,447 | +€12,132 | +98.5% |
| Amounts payable | 17/49 | €3,184 | €24,495 | +€21,311 | +669% |
| Amounts payable within one year | 42/48 | €3,184 | €24,495 | +€21,311 | +669% |
| Trade debts | 44 | - | €431 | +€431 | |
| Suppliers | 440/4 | - | €431 | +€431 | |
| Taxes, remuneration and social security | 45 | €3,184 | €6,997 | +€3,813 | +120% |
| Taxes | 450/3 | €3,184 | €6,997 | +€3,813 | +120% |
| Other amounts payable | 47/48 | - | €17,068 | +€17,068 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,886 | +€1,886 | |
| Other operating charges | 640/8 | - | €927 | +€927 | |
| Gross operating margin | 9900 | €15,501 | €17,654 | +€2,153 | +13.9% |
| Operating profit (loss) | 9901 | €15,501 | €14,841 | -€660 | -4.3% |
| Financial income | 75/76B | - | €482 | +€482 | |
| Recurring financial income | 75 | - | €482 | +€482 | |
| Financial charges | 65/66B | €1 | €148 | +€146 | +11,700% |
| Recurring financial charges | 65 | €1 | €148 | +€146 | +11,700% |
| Profit (loss) for the period before taxes | 9903 | €15,500 | €15,175 | -€325 | -2.1% |
| Income taxes | 67/77 | €3,184 | €3,043 | -€141 | -4.4% |
| Profit (loss) for the period | 9904 | €12,316 | €12,132 | -€184 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,316 | €12,132 | -€184 | -1.5% |
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 14 October 2026 via checked.be.