HAIRFLY: 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.
HAIRFLY
Largest movements
- Cash -€19,223
down €19,223 (-34.5%), from €55,764 to €36,541
mainly Debts after one year (-€20,846) and Receivables within one year (-€14,192)
- Receivables within one year +€14,192
up €14,192 (+251%), from €5,659 to €19,850
- Stocks and contracts +€3,450
up €3,450 (+51.3%), from €6,725 to €10,175
- Tangible fixed assets -€3,449
down €3,449 (-1.5%), from €236,330 to €232,882
of which Land and buildings: -€2,042
- Debts after one year -€20,846
down €20,846 (-48.8%), from €42,723 to €21,877
- Profit (loss) carried forward +€11,367
up €11,367 (+136%), from €8,346 to €19,713
- Tax, wage and social debts +€7,391
up €7,391 (+23.2%), from €31,900 to €39,291
of which Remuneration and social security: +€12,128
- Trade debts -€4,996
down €4,996 (-27.2%), from €18,374 to €13,378
- Depreciation -€20,262
down €20,262 (-87.8%), from €23,078 to €2,816
- Gross operating margin -€9,288
down €9,288 (-2.8%), from €326,572 to €317,284
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 | €306,152 | €300,202 | -€5,949 | -1.9% |
| Fixed assets | 21/28 | €237,085 | €233,637 | -€3,449 | -1.5% |
| Tangible fixed assets | 22/27 | €236,330 | €232,882 | -€3,449 | -1.5% |
| Land and buildings | 22 | €232,833 | €230,791 | -€2,042 | -0.9% |
| Plant, machinery and equipment | 23 | €2,690 | €2,091 | -€599 | -22.3% |
| Other tangible fixed assets | 26 | €808 | - | -€808 | |
| Financial fixed assets | 28 | €755 | €755 | = | 0.0% |
| Current assets | 29/58 | €69,066 | €66,566 | -€2,501 | -3.6% |
| Stocks and contracts in progress | 3 | €6,725 | €10,175 | +€3,450 | +51.3% |
| Stocks | 30/36 | €6,725 | €10,175 | +€3,450 | +51.3% |
| Amounts receivable within one year | 40/41 | €5,659 | €19,850 | +€14,192 | +251% |
| Trade receivables | 40 | €5,659 | €19,850 | +€14,192 | +251% |
| Cash at bank and in hand | 54/58 | €55,764 | €36,541 | -€19,223 | -34.5% |
| Deferred charges and accrued income | 490/1 | €919 | - | -€919 | |
| Total equity and liabilities | 10/49 | €306,152 | €300,202 | -€5,949 | -1.9% |
| Equity | 10/15 | €162,019 | €173,385 | +€11,367 | +7.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €91,672 | €91,672 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,132 | €6,132 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,132 | €6,132 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,479 | €2,479 | = | 0.0% |
| Distributable reserves | 133 | €83,061 | €83,061 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,346 | €19,713 | +€11,367 | +136% |
| Amounts payable | 17/49 | €144,133 | €126,817 | -€17,316 | -12.0% |
| Amounts payable after more than one year | 17 | €42,723 | €21,877 | -€20,846 | -48.8% |
| Financial debts | 170/4 | €42,723 | €21,877 | -€20,846 | -48.8% |
| Amounts payable within one year | 42/48 | €99,910 | €104,939 | +€5,029 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €48,636 | €51,271 | +€2,634 | +5.4% |
| Trade debts | 44 | €18,374 | €13,378 | -€4,996 | -27.2% |
| Suppliers | 440/4 | €18,374 | €13,378 | -€4,996 | -27.2% |
| Taxes, remuneration and social security | 45 | €31,900 | €39,291 | +€7,391 | +23.2% |
| Taxes | 450/3 | €12,060 | €7,323 | -€4,737 | -39.3% |
| Remuneration and social security | 454/9 | €19,840 | €31,968 | +€12,128 | +61.1% |
| Other amounts payable | 47/48 | €1,000 | €1,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,500 | - | -€1,500 | |
| Remuneration, social security and pensions | 62 | €289,629 | €288,436 | -€1,193 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,078 | €2,816 | -€20,262 | -87.8% |
| Other operating charges | 640/8 | €776 | €1,348 | +€571 | +73.6% |
| Non-recurring operating charges | 66A | - | €633 | +€633 | |
| Gross operating margin | 9900 | €326,572 | €317,284 | -€9,288 | -2.8% |
| Operating profit (loss) | 9901 | €13,088 | €24,051 | +€10,963 | +83.8% |
| Financial income | 75/76B | €1,280 | €1,205 | -€75 | -5.8% |
| Recurring financial income | 75 | €1,280 | €1,205 | -€75 | -5.8% |
| Financial charges | 65/66B | €14,539 | €13,890 | -€649 | -4.5% |
| Recurring financial charges | 65 | €14,539 | €13,890 | -€649 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | -€171 | €11,367 | +€11,538 | |
| Profit (loss) for the period | 9904 | -€171 | €11,367 | +€11,538 | |
| Profit (loss) for the period to be appropriated | 9905 | -€171 | €11,367 | +€11,538 |
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.