HAIJEN ES: what changed
HAIJEN ES
Largest movements
- Tangible fixed assets -€24,621
down €24,621 (-17.3%), from €142,087 to €117,466
- Cash +€13,773
up €13,773 (+73.5%), from €18,727 to €32,499
mainly Depreciation (+€24,621) and Net result for the year (+€17,521)
- Receivables within one year +€9,603
up €9,603 (+133%), from €7,214 to €16,816
of which Trade receivables: +€9,636
- Stocks and contracts -€5,153
down €5,153 (-62.8%), from €8,210 to €3,057
- Reserves +€17,521
up €17,521 (+128%), from €13,700 to €31,221
- Other debts -€16,819
down €16,819 (-14.8%), from €113,278 to €96,459
- Debts after one year -€7,212
down €7,212 (-93.7%), from €7,700 to €489
- Tax, wage and social debts +€6,123
up €6,123 (+381%), from €1,607 to €7,730
- Current portion of long-term debt -€4,068
down €4,068 (-36.1%), from €11,280 to €7,212
- Gross operating margin +€26,527
up €26,527 (+116%), from €22,889 to €49,416
- Depreciation -€7,288
down €7,288 (-22.8%), from €31,909 to €24,621
- Taxes +€5,928
new in 2025: €5,928
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €176,308 | €169,838 | -€6,470 | -3.7% |
| Fixed assets | 21/28 | €142,087 | €117,466 | -€24,621 | -17.3% |
| Tangible fixed assets | 22/27 | €142,087 | €117,466 | -€24,621 | -17.3% |
| Land and buildings | 22 | €82,720 | €76,312 | -€6,407 | -7.7% |
| Plant, machinery and equipment | 23 | €31,200 | €21,088 | -€10,113 | -32.4% |
| Furniture and vehicles | 24 | €16,386 | €10,356 | -€6,030 | -36.8% |
| Other tangible fixed assets | 26 | €11,782 | €9,710 | -€2,071 | -17.6% |
| Current assets | 29/58 | €34,221 | €52,372 | +€18,152 | +53.0% |
| Stocks and contracts in progress | 3 | €8,210 | €3,057 | -€5,153 | -62.8% |
| Stocks | 30/36 | €8,210 | €3,057 | -€5,153 | -62.8% |
| Amounts receivable within one year | 40/41 | €7,214 | €16,816 | +€9,603 | +133% |
| Trade receivables | 40 | €7,170 | €16,806 | +€9,636 | +134% |
| Other amounts receivable | 41 | €44 | €10 | -€33 | -76.0% |
| Cash at bank and in hand | 54/58 | €18,727 | €32,499 | +€13,773 | +73.5% |
| Deferred charges and accrued income | 490/1 | €70 | - | -€70 | |
| Total equity and liabilities | 10/49 | €176,308 | €169,838 | -€6,470 | -3.7% |
| Equity | 10/15 | €39,389 | €56,910 | +€17,521 | +44.5% |
| Contributions | 10/11 | €19,325 | €19,325 | = | 0.0% |
| Reserves | 13 | €13,700 | €31,221 | +€17,521 | +128% |
| Distributable reserves | 133 | €13,700 | €31,221 | +€17,521 | +128% |
| Profit (loss) carried forward | 14 | €6,363 | €6,363 | = | 0.0% |
| Amounts payable | 17/49 | €136,919 | €112,928 | -€23,991 | -17.5% |
| Amounts payable after more than one year | 17 | €7,700 | €489 | -€7,212 | -93.7% |
| Financial debts | 170/4 | €7,700 | €489 | -€7,212 | -93.7% |
| Amounts payable within one year | 42/48 | €128,174 | €112,440 | -€15,734 | -12.3% |
| Current portion of amounts payable after more than one year | 42 | €11,280 | €7,212 | -€4,068 | -36.1% |
| Trade debts | 44 | €2,009 | €1,039 | -€970 | -48.3% |
| Suppliers | 440/4 | €2,009 | €1,039 | -€970 | -48.3% |
| Taxes, remuneration and social security | 45 | €1,607 | €7,730 | +€6,123 | +381% |
| Taxes | 450/3 | €1,607 | €7,730 | +€6,123 | +381% |
| Other amounts payable | 47/48 | €113,278 | €96,459 | -€16,819 | -14.8% |
| Accrued charges and deferred income | 492/3 | €1,045 | - | -€1,045 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,909 | €24,621 | -€7,288 | -22.8% |
| Other operating charges | 640/8 | €1,008 | €973 | -€36 | -3.5% |
| Gross operating margin | 9900 | €22,889 | €49,416 | +€26,527 | +116% |
| Operating profit (loss) | 9901 | -€10,029 | €23,822 | +€33,851 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -73.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -73.7% |
| Financial charges | 65/66B | €481 | €373 | -€108 | -22.5% |
| Recurring financial charges | 65 | €481 | €373 | -€108 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | -€10,510 | €23,449 | +€33,959 | |
| Income taxes | 67/77 | - | €5,928 | +€5,928 | |
| Profit (loss) for the period | 9904 | -€10,510 | €17,521 | +€28,031 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,510 | €17,521 | +€28,031 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.