HALEBEEK: 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.
HALEBEEK
Largest movements
- Tangible fixed assets -€18,036
down €18,036 (-9.8%), from €184,919 to €166,883
of which Land and buildings: -€15,721
- Receivables within one year +€5,296
up €5,296 (+3.5%), from €151,397 to €156,693
of which Trade receivables: +€5,712
- Other debts +€73,349
up €73,349 (+92.6%), from €79,237 to €152,586
- Reserves -€66,100
down €66,100 (-31.4%), from €210,706 to €144,606
- Debts after one year -€21,002
down €21,002 (-57.7%), from €36,390 to €15,388
- Gross operating margin -€15,659
down €15,659 (-16.3%), from €96,184 to €80,525
- Staff costs -€6,940
down €6,940 (-17.6%), from €39,340 to €32,400
- Depreciation -€5,680
down €5,680 (-24.0%), from €23,717 to €18,036
- Taxes -€1,490
down €1,490 (-11.8%), from €12,593 to €11,103
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 | €386,198 | €372,484 | -€13,715 | -3.6% |
| Fixed assets | 21/28 | €227,061 | €209,024 | -€18,036 | -7.9% |
| Tangible fixed assets | 22/27 | €184,919 | €166,883 | -€18,036 | -9.8% |
| Land and buildings | 22 | €178,128 | €162,408 | -€15,721 | -8.8% |
| Furniture and vehicles | 24 | €2,316 | €0 | -€2,316 | -100.0% |
| Other tangible fixed assets | 26 | €4,475 | €4,475 | = | 0.0% |
| Financial fixed assets | 28 | €42,142 | €42,142 | = | 0.0% |
| Current assets | 29/58 | €159,138 | €163,460 | +€4,322 | +2.7% |
| Amounts receivable within one year | 40/41 | €151,397 | €156,693 | +€5,296 | +3.5% |
| Trade receivables | 40 | €6,239 | €11,951 | +€5,712 | +91.6% |
| Other amounts receivable | 41 | €145,158 | €144,743 | -€416 | -0.3% |
| Cash at bank and in hand | 54/58 | €6,070 | €5,306 | -€764 | -12.6% |
| Deferred charges and accrued income | 490/1 | €1,671 | €1,460 | -€210 | -12.6% |
| Total equity and liabilities | 10/49 | €386,198 | €372,484 | -€13,715 | -3.6% |
| Equity | 10/15 | €229,306 | €163,206 | -€66,100 | -28.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €210,706 | €144,606 | -€66,100 | -31.4% |
| Distributable reserves | 133 | €210,706 | €144,606 | -€66,100 | -31.4% |
| Amounts payable | 17/49 | €156,893 | €209,278 | +€52,386 | +33.4% |
| Amounts payable after more than one year | 17 | €36,390 | €15,388 | -€21,002 | -57.7% |
| Financial debts | 170/4 | €36,390 | €15,388 | -€21,002 | -57.7% |
| Amounts payable within one year | 42/48 | €120,226 | €193,788 | +€73,562 | +61.2% |
| Current portion of amounts payable after more than one year | 42 | €25,496 | €23,717 | -€1,779 | -7.0% |
| Trade debts | 44 | €211 | €3,365 | +€3,154 | +1491.4% |
| Suppliers | 440/4 | €211 | €3,365 | +€3,154 | +1491.4% |
| Taxes, remuneration and social security | 45 | €15,282 | €14,120 | -€1,162 | -7.6% |
| Taxes | 450/3 | €6,431 | €9,212 | +€2,781 | +43.2% |
| Remuneration and social security | 454/9 | €8,851 | €4,908 | -€3,943 | -44.5% |
| Other amounts payable | 47/48 | €79,237 | €152,586 | +€73,349 | +92.6% |
| Accrued charges and deferred income | 492/3 | €277 | €102 | -€175 | -63.1% |
| Remuneration, social security and pensions | 62 | €39,340 | €32,400 | -€6,940 | -17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,717 | €18,036 | -€5,680 | -24.0% |
| Other operating charges | 640/8 | €2,639 | €2,381 | -€259 | -9.8% |
| Gross operating margin | 9900 | €96,184 | €80,525 | -€15,659 | -16.3% |
| Operating profit (loss) | 9901 | €30,488 | €27,708 | -€2,780 | -9.1% |
| Financial income | 75/76B | €8,207 | €7,419 | -€787 | -9.6% |
| Recurring financial income | 75 | €8,207 | €7,419 | -€787 | -9.6% |
| Financial charges | 65/66B | €2,550 | €2,038 | -€512 | -20.1% |
| Recurring financial charges | 65 | €2,550 | €2,038 | -€512 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €36,145 | €33,090 | -€3,056 | -8.5% |
| Income taxes | 67/77 | €12,593 | €11,103 | -€1,490 | -11.8% |
| Profit (loss) for the period | 9904 | €23,552 | €21,986 | -€1,566 | -6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,552 | €21,986 | -€1,566 | -6.6% |
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 9 October 2026 via checked.be.