HAFEL FACADE: 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.
HAFEL FACADE
Largest movements
- Receivables within one year +€36,823
up €36,823 (+29.1%), from €126,587 to €163,411
of which Trade receivables: +€44,629
- Short-term financial debts +€123,355
new in 2025: €123,355
- Tax, wage and social debts -€87,943
down €87,943 (-95.7%), from €91,880 to €3,938
- Trade debts +€7,453
up €7,453 (+156%), from €4,777 to €12,230
- Profit (loss) carried forward -€6,309
down €6,309 (-22.9%), from €27,567 to €21,259
- Turnover +€9,435
up €9,435 (+4.6%), from €204,800 to €214,235
- Gross operating margin +€7,005
up €7,005 (+16.6%), from €42,143 to €49,148
- Staff costs +€2,172
up €2,172 (+4.1%), from €53,314 to €55,486
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 | €126,854 | €163,411 | +€36,557 | +28.8% |
| Current assets | 29/58 | €126,854 | €163,411 | +€36,557 | +28.8% |
| Amounts receivable within one year | 40/41 | €126,587 | €163,411 | +€36,823 | +29.1% |
| Trade receivables | 40 | €113,601 | €158,230 | +€44,629 | +39.3% |
| Other amounts receivable | 41 | €12,986 | €5,181 | -€7,806 | -60.1% |
| Cash at bank and in hand | 54/58 | €267 | €0 | -€266 | -99.8% |
| Total equity and liabilities | 10/49 | €126,854 | €163,411 | +€36,557 | +28.8% |
| Equity | 10/15 | €30,197 | €23,889 | -€6,309 | -20.9% |
| Contributions | 10/11 | €2,630 | €2,630 | = | 0.0% |
| Capital | 10 | €2,630 | €2,630 | = | 0.0% |
| Issued capital | 100 | €2,630 | €2,630 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,567 | €21,259 | -€6,309 | -22.9% |
| Amounts payable | 17/49 | €96,657 | €139,522 | +€42,865 | +44.3% |
| Amounts payable within one year | 42/48 | €96,657 | €139,522 | +€42,865 | +44.3% |
| Financial debts | 43 | - | €123,355 | +€123,355 | |
| Other loans | 439 | - | €123,355 | +€123,355 | |
| Trade debts | 44 | €4,777 | €12,230 | +€7,453 | +156% |
| Suppliers | 440/4 | €4,777 | €12,230 | +€7,453 | +156% |
| Taxes, remuneration and social security | 45 | €91,880 | €3,938 | -€87,943 | -95.7% |
| Remuneration and social security | 454/9 | €91,880 | €3,938 | -€87,943 | -95.7% |
| Turnover | 70 | €204,800 | €214,235 | +€9,435 | +4.6% |
| Non-recurring operating income | 76A | €1,630 | - | -€1,630 | |
| Goods, raw materials, services and sundry goods | 60/61 | €164,287 | €165,087 | +€799 | +0.5% |
| Remuneration, social security and pensions | 62 | €53,314 | €55,486 | +€2,172 | +4.1% |
| Gross operating margin | 9900 | €42,143 | €49,148 | +€7,005 | +16.6% |
| Operating profit (loss) | 9901 | -€11,171 | -€6,338 | +€4,834 | +43.3% |
| Financial income | 75/76B | €355 | €29 | -€326 | -91.8% |
| Recurring financial income | 75 | €355 | €29 | -€326 | -91.8% |
| Financial charges | 65/66B | €48 | - | -€48 | |
| Recurring financial charges | 65 | €48 | - | -€48 | |
| Profit (loss) for the period before taxes | 9903 | -€10,865 | -€6,309 | +€4,556 | +41.9% |
| Profit (loss) for the period | 9904 | -€10,865 | -€6,309 | +€4,556 | +41.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,865 | -€6,309 | +€4,556 | +41.9% |
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 24 October 2026 via checked.be.