HALBEMA: 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.
HALBEMA
Largest movements
- Tangible fixed assets -€4,284
down €4,284 (-7.6%), from €56,247 to €51,963
- Cash -€729
down €729 (-56.4%), from €1,292 to €563
mainly Trade debts (-€2,985) and Net result for the year (-€2,425)
- Trade debts -€2,985
down €2,985 (-63.2%), from €4,723 to €1,738
- Profit (loss) carried forward -€2,425
down €2,425 (-2.0%), from -€118,486 to -€120,912
- Other operating charges +€3,608
up €3,608 (+335.5%), from €1,075 to €4,684
- Gross operating margin +€270
up €270 (+4.3%), from €6,337 to €6,607
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 | €57,582 | €52,569 | -€5,013 | -8.7% |
| Fixed assets | 21/28 | €56,247 | €51,963 | -€4,284 | -7.6% |
| Tangible fixed assets | 22/27 | €56,247 | €51,963 | -€4,284 | -7.6% |
| Land and buildings | 22 | €56,247 | €51,963 | -€4,284 | -7.6% |
| Current assets | 29/58 | €1,335 | €606 | -€729 | -54.6% |
| Cash at bank and in hand | 54/58 | €1,292 | €563 | -€729 | -56.4% |
| Deferred charges and accrued income | 490/1 | €43 | €43 | = | 0.0% |
| Total equity and liabilities | 10/49 | €57,582 | €52,569 | -€5,013 | -8.7% |
| Equity | 10/15 | -€26,736 | -€29,162 | -€2,425 | -9.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €29,750 | €29,750 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,750 | €12,750 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,750 | €12,750 | = | 0.0% |
| Distributable reserves | 133 | €17,000 | €17,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€118,486 | -€120,912 | -€2,425 | -2.0% |
| Amounts payable | 17/49 | €84,318 | €81,731 | -€2,587 | -3.1% |
| Amounts payable within one year | 42/48 | €84,318 | €81,731 | -€2,587 | -3.1% |
| Trade debts | 44 | €4,723 | €1,738 | -€2,985 | -63.2% |
| Suppliers | 440/4 | €4,723 | €1,738 | -€2,985 | -63.2% |
| Other amounts payable | 47/48 | €79,595 | €79,993 | +€398 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,284 | €4,284 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,075 | €4,684 | +€3,608 | +335.5% |
| Gross operating margin | 9900 | €6,337 | €6,607 | +€270 | +4.3% |
| Operating profit (loss) | 9901 | €978 | -€2,360 | -€3,338 | |
| Financial charges | 65/66B | €61 | €65 | +€4 | +6.6% |
| Recurring financial charges | 65 | €61 | €65 | +€4 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | €917 | -€2,425 | -€3,342 | |
| Profit (loss) for the period | 9904 | €917 | -€2,425 | -€3,342 | |
| Profit (loss) for the period to be appropriated | 9905 | €917 | -€2,425 | -€3,342 |
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 3 October 2026 via checked.be.