HAIZEA: 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.
HAIZEA
Largest movements
- Cash -€91,645
down €91,645 (-39.7%), from €230,627 to €138,982
mainly Contributions, distributions and other (-€245,000) and Tax, wage and social debts (-€32,032)
- Receivables within one year -€89,547
down €89,547 (-98.2%), from €91,174 to €1,627
of which Other amounts receivable: -€90,947
- Reserves -€225,549
down €225,549 (-100.0%), from €225,549 to €0
- Other debts +€105,478
new in 2025: €105,478
- Tax, wage and social debts -€32,032
down €32,032 (-70.9%), from €45,169 to €13,138
- Profit (loss) carried forward -€27,735
down €27,735 (-61.0%), from €45,491 to €17,756
- Gross operating margin -€68,952
down €68,952, from €57,702 to -€11,250
- Taxes -€13,138
down €13,138 (-100.0%), from €13,138 to €0
- Financial income +€1,849
up €1,849 (+86.0%), from €2,150 to €3,999
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 | €323,950 | €143,228 | -€180,722 | -55.8% |
| Current assets | 29/58 | €323,950 | €143,228 | -€180,722 | -55.8% |
| Amounts receivable within one year | 40/41 | €91,174 | €1,627 | -€89,547 | -98.2% |
| Trade receivables | 40 | - | €1,400 | +€1,400 | |
| Other amounts receivable | 41 | €91,174 | €227 | -€90,947 | -99.8% |
| Cash at bank and in hand | 54/58 | €230,627 | €138,982 | -€91,645 | -39.7% |
| Deferred charges and accrued income | 490/1 | €2,150 | €2,620 | +€470 | +21.9% |
| Total equity and liabilities | 10/49 | €323,950 | €143,228 | -€180,722 | -55.8% |
| Equity | 10/15 | €274,040 | €20,756 | -€253,284 | -92.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €225,549 | €0 | -€225,549 | -100.0% |
| Distributable reserves | 133 | €225,549 | €0 | -€225,549 | -100.0% |
| Profit (loss) carried forward | 14 | €45,491 | €17,756 | -€27,735 | -61.0% |
| Amounts payable | 17/49 | €49,910 | €122,472 | +€72,562 | +145.4% |
| Amounts payable within one year | 42/48 | €49,910 | €121,729 | +€71,819 | +143.9% |
| Trade debts | 44 | €4,741 | €3,113 | -€1,628 | -34.3% |
| Suppliers | 440/4 | €4,741 | €3,113 | -€1,628 | -34.3% |
| Taxes, remuneration and social security | 45 | €45,169 | €13,138 | -€32,032 | -70.9% |
| Taxes | 450/3 | €45,169 | €13,138 | -€32,032 | -70.9% |
| Other amounts payable | 47/48 | - | €105,478 | +€105,478 | |
| Accrued charges and deferred income | 492/3 | €0 | €743 | +€743 | |
| Other operating charges | 640/8 | €390 | €0 | -€390 | -100.0% |
| Gross operating margin | 9900 | €57,702 | -€11,250 | -€68,952 | |
| Operating profit (loss) | 9901 | €57,312 | -€11,250 | -€68,562 | |
| Financial income | 75/76B | €2,150 | €3,999 | +€1,849 | +86.0% |
| Recurring financial income | 75 | €2,150 | €3,999 | +€1,849 | +86.0% |
| Financial charges | 65/66B | €834 | €1,034 | +€200 | +24.0% |
| Recurring financial charges | 65 | €834 | €1,034 | +€200 | +24.0% |
| Profit (loss) for the period before taxes | 9903 | €58,629 | -€8,284 | -€66,913 | |
| Income taxes | 67/77 | €13,138 | €0 | -€13,138 | -100.0% |
| Profit (loss) for the period | 9904 | €45,491 | -€8,284 | -€53,775 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,491 | -€8,284 | -€53,775 |
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 7 October 2026 via checked.be.