Hair Waves: 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.
Hair Waves
Largest movements
- Receivables within one year -€20,257
down €20,257 (-72.3%), from €28,026 to €7,769
of which Other amounts receivable: -€25,371
- Stocks and contracts +€2,089
up €2,089 (+22.9%), from €9,116 to €11,205
- Tangible fixed assets -€1,476
down €1,476 (-23.1%), from €6,387 to €4,911
of which Furniture and vehicles: -€756
- Cash +€807
up €807 (+64.2%), from €1,257 to €2,064
mainly Receivables within one year (+€20,257) and Advances received (+€5,445)
- Profit (loss) carried forward -€11,261
down €11,261 (-316%), from -€3,561 to -€14,821
- Tax, wage and social debts -€9,594
down €9,594 (-51.4%), from €18,675 to €9,080
- Advances received +€5,445
up €5,445 (+190%), from €2,865 to €8,310
- Current portion of long-term debt -€2,817
down €2,817 (-93.9%), from €2,998 to €182
- Trade debts -€625
down €625 (-11.9%), from €5,235 to €4,611
- Gross operating margin -€6,831
down €6,831 (-462%), from -€1,478 to -€8,308
- Financial income -€1,503
down €1,503 (-99.5%), from €1,511 to €8
- Financial charges -€585
down €585 (-36.7%), from €1,594 to €1,010
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 | €44,786 | €25,950 | -€18,837 | -42.1% |
| Fixed assets | 21/28 | €6,387 | €4,911 | -€1,476 | -23.1% |
| Tangible fixed assets | 22/27 | €6,387 | €4,911 | -€1,476 | -23.1% |
| Land and buildings | 22 | €4,910 | €4,190 | -€720 | -14.7% |
| Furniture and vehicles | 24 | €1,477 | €721 | -€756 | -51.2% |
| Current assets | 29/58 | €38,399 | €21,038 | -€17,361 | -45.2% |
| Stocks and contracts in progress | 3 | €9,116 | €11,205 | +€2,089 | +22.9% |
| Stocks | 30/36 | €9,116 | €11,205 | +€2,089 | +22.9% |
| Amounts receivable within one year | 40/41 | €28,026 | €7,769 | -€20,257 | -72.3% |
| Trade receivables | 40 | €2,655 | €7,769 | +€5,114 | +193% |
| Other amounts receivable | 41 | €25,371 | - | -€25,371 | |
| Cash at bank and in hand | 54/58 | €1,257 | €2,064 | +€807 | +64.2% |
| Total equity and liabilities | 10/49 | €44,786 | €25,950 | -€18,837 | -42.1% |
| Equity | 10/15 | €15,013 | €3,753 | -€11,261 | -75.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €13,574 | €13,574 | = | 0.0% |
| Distributable reserves | 133 | €13,574 | €13,574 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,561 | -€14,821 | -€11,261 | -316% |
| Amounts payable | 17/49 | €29,773 | €22,197 | -€7,576 | -25.4% |
| Amounts payable within one year | 42/48 | €29,773 | €22,197 | -€7,576 | -25.4% |
| Current portion of amounts payable after more than one year | 42 | €2,998 | €182 | -€2,817 | -93.9% |
| Trade debts | 44 | €5,235 | €4,611 | -€625 | -11.9% |
| Suppliers | 440/4 | €5,235 | €4,611 | -€625 | -11.9% |
| Advances received on contracts in progress | 46 | €2,865 | €8,310 | +€5,445 | +190% |
| Taxes, remuneration and social security | 45 | €18,675 | €9,080 | -€9,594 | -51.4% |
| Taxes | 450/3 | €18,675 | €9,080 | -€9,594 | -51.4% |
| Other amounts payable | 47/48 | - | €14 | +€14 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,476 | €1,476 | -€0 | 0.0% |
| Other operating charges | 640/8 | €524 | €462 | -€62 | -11.9% |
| Gross operating margin | 9900 | -€1,478 | -€8,308 | -€6,831 | -462% |
| Operating profit (loss) | 9901 | -€3,477 | -€10,246 | -€6,769 | -195% |
| Financial income | 75/76B | €1,511 | €8 | -€1,503 | -99.5% |
| Recurring financial income | 75 | €1,511 | €8 | -€1,503 | -99.5% |
| Financial charges | 65/66B | €1,594 | €1,010 | -€585 | -36.7% |
| Recurring financial charges | 65 | €1,594 | €1,010 | -€585 | -36.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,561 | -€11,247 | -€7,687 | -216% |
| Income taxes | 67/77 | - | €14 | +€14 | |
| Profit (loss) for the period | 9904 | -€3,561 | -€11,261 | -€7,700 | -216% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,561 | -€11,261 | -€7,700 | -216% |
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 29 October 2026 via checked.be.