Haeven: what changed
Two fiscal 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.
Haeven
Largest movements
- Receivables within one year +€67,729
up €67,729 (+127.2%), from €53,240 to €120,969
- Cash +€29,584
up €29,584 (+148.9%), from €19,873 to €49,458
mainly Other debts (+€142,268) and Net result for the year (+€111,163)
- Financial fixed assets +€9,001
up €9,001 (+300.0%), from €3,000 to €12,001
- Tangible fixed assets +€3,816
up €3,816 (+274.9%), from €1,388 to €5,204
- Other debts +€142,268
up €142,268 (+1404.4%), from €10,130 to €152,398
- Reserves -€48,402
down €48,402 (-100.0%), from €48,402 to €0
- Tax, wage and social debts +€16,690
up €16,690 (+103.0%), from €16,199 to €32,890
- Gross operating margin +€62,472
up €62,472 (+74.9%), from €83,373 to €145,845
- Taxes +€15,297
up €15,297 (+91.4%), from €16,739 to €32,036
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.
Cash bridge derived
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 | €80,035 | €189,562 | +€109,527 | +136.8% |
| Fixed assets | 21/28 | €4,389 | €17,205 | +€12,817 | +292.0% |
| Tangible fixed assets | 22/27 | €1,388 | €5,204 | +€3,816 | +274.9% |
| Furniture and vehicles | 24 | €1,388 | €5,204 | +€3,816 | +274.9% |
| Financial fixed assets | 28 | €3,000 | €12,001 | +€9,001 | +300.0% |
| Current assets | 29/58 | €75,647 | €172,357 | +€96,710 | +127.8% |
| Amounts receivable within one year | 40/41 | €53,240 | €120,969 | +€67,729 | +127.2% |
| Trade receivables | 40 | €53,240 | €120,969 | +€67,729 | +127.2% |
| Cash at bank and in hand | 54/58 | €19,873 | €49,458 | +€29,584 | +148.9% |
| Deferred charges and accrued income | 490/1 | €2,533 | €1,930 | -€604 | -23.8% |
| Total equity and liabilities | 10/49 | €80,035 | €189,562 | +€109,527 | +136.8% |
| Equity | 10/15 | €52,402 | €4,000 | -€48,402 | -92.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €48,402 | €0 | -€48,402 | -100.0% |
| Distributable reserves | 133 | €48,402 | €0 | -€48,402 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €27,633 | €185,562 | +€157,929 | +571.5% |
| Amounts payable within one year | 42/48 | €27,633 | €185,562 | +€157,929 | +571.5% |
| Trade debts | 44 | €1,304 | €274 | -€1,030 | -79.0% |
| Suppliers | 440/4 | €1,304 | €274 | -€1,030 | -79.0% |
| Taxes, remuneration and social security | 45 | €16,199 | €32,890 | +€16,690 | +103.0% |
| Taxes | 450/3 | €16,199 | €32,890 | +€16,690 | +103.0% |
| Other amounts payable | 47/48 | €10,130 | €152,398 | +€142,268 | +1404.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €851 | €907 | +€56 | +6.6% |
| Other operating charges | 640/8 | €676 | €952 | +€277 | +41.0% |
| Non-recurring operating charges | 66A | - | €756 | +€756 | |
| Gross operating margin | 9900 | €83,373 | €145,845 | +€62,472 | +74.9% |
| Operating profit (loss) | 9901 | €81,847 | €143,230 | +€61,384 | +75.0% |
| Financial income | 75/76B | €206 | €120 | -€86 | -41.8% |
| Recurring financial income | 75 | €206 | €120 | -€86 | -41.8% |
| Financial charges | 65/66B | €276 | €152 | -€124 | -45.0% |
| Recurring financial charges | 65 | €276 | €152 | -€124 | -45.0% |
| Profit (loss) for the period before taxes | 9903 | €81,777 | €143,198 | +€61,422 | +75.1% |
| Income taxes | 67/77 | €16,739 | €32,036 | +€15,297 | +91.4% |
| Profit (loss) for the period | 9904 | €65,038 | €111,163 | +€46,125 | +70.9% |
| Profit (loss) for the period to be appropriated | 9905 | €65,038 | €111,163 | +€46,125 | +70.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.