Hairevolution: 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.
Hairevolution
Largest movements
- Cash +€43,966
up €43,966 (+40.5%), from €108,685 to €152,651
mainly Net result for the year (+€40,536) and Tax, wage and social debts (+€7,786)
- Tangible fixed assets -€2,989
down €2,989 (-12.2%), from €24,533 to €21,544
of which Other tangible fixed assets: -€5,659
- Reserves +€36,484
up €36,484 (+38.5%), from €94,711 to €131,194
- Tax, wage and social debts +€7,786
up €7,786 (+81.0%), from €9,607 to €17,393
of which Taxes: +€7,338
- Trade debts -€3,400
down €3,400 (-51.7%), from €6,572 to €3,172
- Gross operating margin +€37,316
up €37,316 (+42.2%), from €88,529 to €125,844
- Taxes +€9,724
up €9,724 (+97.8%), from €9,941 to €19,665
- Staff costs +€6,802
up €6,802 (+13.5%), from €50,427 to €57,229
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 | €142,028 | €182,157 | +€40,129 | +28.3% |
| Fixed assets | 21/28 | €26,003 | €23,014 | -€2,989 | -11.5% |
| Tangible fixed assets | 22/27 | €24,533 | €21,544 | -€2,989 | -12.2% |
| Furniture and vehicles | 24 | €1,863 | €4,533 | +€2,670 | +143.3% |
| Other tangible fixed assets | 26 | €22,670 | €17,011 | -€5,659 | -25.0% |
| Financial fixed assets | 28 | €1,470 | €1,470 | = | 0.0% |
| Current assets | 29/58 | €116,025 | €159,143 | +€43,118 | +37.2% |
| Stocks and contracts in progress | 3 | €4,651 | €4,771 | +€120 | +2.6% |
| Stocks | 30/36 | €4,651 | €4,771 | +€120 | +2.6% |
| Amounts receivable within one year | 40/41 | €952 | €778 | -€174 | -18.3% |
| Trade receivables | 40 | €952 | - | -€952 | |
| Other amounts receivable | 41 | - | €778 | +€778 | |
| Cash at bank and in hand | 54/58 | €108,685 | €152,651 | +€43,966 | +40.5% |
| Deferred charges and accrued income | 490/1 | €1,737 | €943 | -€794 | -45.7% |
| Total equity and liabilities | 10/49 | €142,028 | €182,157 | +€40,129 | +28.3% |
| Equity | 10/15 | €113,303 | €149,786 | +€36,484 | +32.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Other | 1109/19 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €94,711 | €131,194 | +€36,484 | +38.5% |
| Distributable reserves | 133 | €94,711 | €131,194 | +€36,484 | +38.5% |
| Profit (loss) carried forward | 14 | - | €0 | +€0 | |
| Amounts payable | 17/49 | €28,725 | €32,371 | +€3,646 | +12.7% |
| Amounts payable within one year | 42/48 | €28,725 | €32,371 | +€3,646 | +12.7% |
| Trade debts | 44 | €6,572 | €3,172 | -€3,400 | -51.7% |
| Suppliers | 440/4 | €6,572 | €3,172 | -€3,400 | -51.7% |
| Advances received on contracts in progress | 46 | - | €49 | +€49 | |
| Taxes, remuneration and social security | 45 | €9,607 | €17,393 | +€7,786 | +81.0% |
| Taxes | 450/3 | €6,078 | €13,416 | +€7,338 | +120.7% |
| Remuneration and social security | 454/9 | €3,529 | €3,977 | +€448 | +12.7% |
| Other amounts payable | 47/48 | €12,546 | €11,757 | -€789 | -6.3% |
| Remuneration, social security and pensions | 62 | €50,427 | €57,229 | +€6,802 | +13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,248 | €6,304 | +€55 | +0.9% |
| Other operating charges | 640/8 | €1,677 | €1,750 | +€74 | +4.4% |
| Gross operating margin | 9900 | €88,529 | €125,844 | +€37,316 | +42.2% |
| Operating profit (loss) | 9901 | €30,177 | €60,562 | +€30,385 | +100.7% |
| Financial income | 75/76B | €6 | €209 | +€203 | +3482.5% |
| Recurring financial income | 75 | €6 | €209 | +€203 | +3482.5% |
| Financial charges | 65/66B | €338 | €570 | +€232 | +68.8% |
| Recurring financial charges | 65 | €338 | €570 | +€232 | +68.8% |
| Profit (loss) for the period before taxes | 9903 | €29,845 | €60,200 | +€30,356 | +101.7% |
| Income taxes | 67/77 | €9,941 | €19,665 | +€9,724 | +97.8% |
| Profit (loss) for the period | 9904 | €19,904 | €40,536 | +€20,632 | +103.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,904 | €40,536 | +€20,632 | +103.7% |
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 8 October 2026 via checked.be.