HAITHIM: 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.
HAITHIM
Largest movements
- Tangible fixed assets +€41,402
up €41,402 (+11431.9%), from €362 to €41,764
of which Furniture and vehicles: +€41,460
- Receivables within one year +€27,984
up €27,984 (+45.6%), from €61,396 to €89,380
of which Trade receivables: +€65,177
- Cash -€15,039
down €15,039 (-92.3%), from €16,299 to €1,261
mainly Investment in fixed assets (net) (-€55,180) and Other debts (-€31,250)
- Financial fixed assets +€10,000
new in 2024: €10,000
- Trade debts +€54,359
up €54,359 (+2403.6%), from €2,262 to €56,621
- Tax, wage and social debts +€32,741
up €32,741 (+168.1%), from €19,480 to €52,221
- Other debts -€31,250
down €31,250 (-96.4%), from €32,425 to €1,175
- Profit (loss) carried forward +€8,116
up €8,116 (+31.1%), from -€26,109 to -€17,993
- Turnover +€198,579
up €198,579 (+219.6%), from €90,417 to €288,996
- Purchases and services +€137,598
up €137,598 (+141.6%), from €97,188 to €234,786
- Gross operating margin +€84,307
up €84,307, from -€6,771 to €77,536
- Staff costs +€64,394
new in 2024: €64,394
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €78,057 | €142,404 | +€64,347 | +82.4% |
| Fixed assets | 21/28 | €362 | €51,764 | +€51,402 | +14193.1% |
| Tangible fixed assets | 22/27 | €362 | €41,764 | +€41,402 | +11431.9% |
| Furniture and vehicles | 24 | €304 | €41,764 | +€41,460 | +13658.5% |
| Other tangible fixed assets | 26 | €59 | €0 | -€59 | -100.0% |
| Financial fixed assets | 28 | - | €10,000 | +€10,000 | |
| Current assets | 29/58 | €77,695 | €90,641 | +€12,946 | +16.7% |
| Amounts receivable within one year | 40/41 | €61,396 | €89,380 | +€27,984 | +45.6% |
| Trade receivables | 40 | €18,207 | €83,384 | +€65,177 | +358.0% |
| Other amounts receivable | 41 | €43,189 | €5,996 | -€37,193 | -86.1% |
| Cash at bank and in hand | 54/58 | €16,299 | €1,261 | -€15,039 | -92.3% |
| Total equity and liabilities | 10/49 | €78,057 | €142,404 | +€64,347 | +82.4% |
| Equity | 10/15 | €23,891 | €32,007 | +€8,116 | +34.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Outside capital | 11 | €50,000 | €50,000 | = | 0.0% |
| Share premium | 1100/10 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,109 | -€17,993 | +€8,116 | +31.1% |
| Amounts payable | 17/49 | €54,167 | €110,398 | +€56,231 | +103.8% |
| Amounts payable within one year | 42/48 | €54,167 | €110,398 | +€56,231 | +103.8% |
| Financial debts | 43 | - | €381 | +€381 | |
| Credit institutions | 430/8 | - | €381 | +€381 | |
| Trade debts | 44 | €2,262 | €56,621 | +€54,359 | +2403.6% |
| Suppliers | 440/4 | €2,262 | €56,621 | +€54,359 | +2403.6% |
| Taxes, remuneration and social security | 45 | €19,480 | €52,221 | +€32,741 | +168.1% |
| Taxes | 450/3 | €19,480 | €52,221 | +€32,741 | +168.1% |
| Other amounts payable | 47/48 | €32,425 | €1,175 | -€31,250 | -96.4% |
| Turnover | 70 | €90,417 | €288,996 | +€198,579 | +219.6% |
| Non-recurring operating income | 76A | - | €23,327 | +€23,327 | |
| Goods, raw materials, services and sundry goods | 60/61 | €97,188 | €234,786 | +€137,598 | +141.6% |
| Remuneration, social security and pensions | 62 | - | €64,394 | +€64,394 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €965 | €3,778 | +€2,812 | +291.3% |
| Other operating charges | 640/8 | €1,053 | €180 | -€873 | -82.9% |
| Non-recurring operating charges | 66A | €1,381 | - | -€1,381 | |
| Gross operating margin | 9900 | -€6,771 | €77,536 | +€84,307 | |
| Operating profit (loss) | 9901 | -€10,171 | €9,184 | +€19,354 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €34 | €1,068 | +€1,034 | +3045.9% |
| Recurring financial charges | 65 | €34 | €1,068 | +€1,034 | +3045.9% |
| Profit (loss) for the period before taxes | 9903 | -€10,204 | €8,116 | +€18,320 | |
| Profit (loss) for the period | 9904 | -€10,204 | €8,116 | +€18,320 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,204 | €8,116 | +€18,320 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.