HAIR: what changed
HAIR
Largest movements
- Receivables within one year -€690
down €690 (-45.9%), from €1,504 to €813
- Other debts +€5,420
up €5,420 (+49.2%), from €11,007 to €16,427
- Profit (loss) carried forward -€5,230
down €5,230 (-29.4%), from -€17,794 to -€23,024
- Short-term financial debts -€805
no longer reported in 2025 (was €805)
- Trade debts -€72
down €72 (-9.2%), from €784 to €712
of which Suppliers: -€187
- Gross operating margin -€2,117
down €2,117 (-82.6%), from -€2,564 to -€4,681
- Other operating charges -€612
down €612 (-90.6%), from €676 to €63
- Depreciation -€264
no longer reported in 2025 (was €264)
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 | €1,538 | €851 | -€687 | -44.7% |
| Current assets | 29/58 | €1,538 | €851 | -€687 | -44.7% |
| Amounts receivable within one year | 40/41 | €1,504 | €813 | -€690 | -45.9% |
| Other amounts receivable | 41 | €1,504 | €813 | -€690 | -45.9% |
| Cash at bank and in hand | 54/58 | €34 | €37 | +€3 | +9.5% |
| Total equity and liabilities | 10/49 | €1,538 | €851 | -€687 | -44.7% |
| Equity | 10/15 | -€11,059 | -€16,289 | -€5,230 | -47.3% |
| Contributions | 10/11 | €6,735 | €6,735 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,794 | -€23,024 | -€5,230 | -29.4% |
| Amounts payable | 17/49 | €12,597 | €17,140 | +€4,543 | +36.1% |
| Amounts payable within one year | 42/48 | €12,597 | €17,140 | +€4,543 | +36.1% |
| Financial debts | 43 | €805 | - | -€805 | |
| Other loans | 439 | €805 | - | -€805 | |
| Trade debts | 44 | €784 | €712 | -€72 | -9.2% |
| Suppliers | 440/4 | €784 | €597 | -€187 | -23.9% |
| Bills of exchange payable | 441 | - | €115 | +€115 | |
| Other amounts payable | 47/48 | €11,007 | €16,427 | +€5,420 | +49.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €264 | - | -€264 | |
| Other operating charges | 640/8 | €676 | €63 | -€612 | -90.6% |
| Gross operating margin | 9900 | -€2,564 | -€4,681 | -€2,117 | -82.6% |
| Operating profit (loss) | 9901 | -€3,504 | -€4,744 | -€1,240 | -35.4% |
| Financial charges | 65/66B | €463 | €486 | +€23 | +4.9% |
| Recurring financial charges | 65 | €463 | €486 | +€23 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,968 | -€5,230 | -€1,263 | -31.8% |
| Profit (loss) for the period | 9904 | -€3,968 | -€5,230 | -€1,263 | -31.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,968 | -€5,230 | -€1,263 | -31.8% |
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 1 November 2026 via checked.be.