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HALIMA: 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.

What changed

HALIMA

BE 0475.616.041
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€71,280
2024 · €65,628-€136,907
Equity
€207,543
2024 · €278,823-€71,280
Cash
€213
2024 · €59,408-€59,196
Balance sheet total
€948,553
2024 · €900,997+€47,556

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€105,795

    up €105,795 (+12.9%), from €819,083 to €924,878

    of which Land and buildings: +€105,962

  • Cash -€59,196

    down €59,196 (-99.6%), from €59,408 to €213

    mainly Investment in fixed assets (net) (-€133,972) and Debts after one year (-€124,462)

Equity and liabilities
  • Other debts +€295,527

    up €295,527 (+69.0%), from €428,258 to €723,785

  • Debts after one year -€124,462

    down €124,462 (-100.0%), from €124,462 to €0

  • Profit (loss) carried forward -€71,280

    down €71,280 (-27.6%), from €258,363 to €187,083

  • Current portion of long-term debt -€52,731

    down €52,731 (-100.0%), from €52,731 to €0

Income statement
  • Gross operating margin -€134,372

    down €134,372, from €119,303 to -€15,069

  • Other operating charges +€6,714

    up €6,714 (+210.5%), from €3,189 to €9,903

  • Financial charges -€3,293

    down €3,293 (-14.7%), from €22,464 to €19,171

    of which Financial charges: -€3,293

  • Depreciation -€1,952

    down €1,952 (-6.5%), from €30,129 to €28,177

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €65,628
Gross operating margin -€134,372
Depreciation +€1,952
Other operating charges -€6,714
Other operating items -€11
Financial income -€996
Financial charges +€3,293
Taxes -€59
Result 2025 -€71,280

Cash bridge derived

cash 2024 to 2025

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.

From operations +€251,970
Investment -€133,972
Financing -€177,194
Cash 2024 €59,408
Net result for the year -€71,280
Depreciation +€28,177
Receivables within one year -€886
Smaller working-capital items -€46
Trade debts -€1,737
Other debts +€295,527
Accrued charges and deferred income +€2,214
Investment in fixed assets (net) -€133,972
Debts after one year -€124,462
Current portion of long-term debt -€52,731
Cash 2025 €213
Every line side by side 47 lines
Line Code 2024 2025 Change %
Total assets 20/58 €900,997 €948,553 +€47,556 +5.3%
Fixed assets 21/28 €839,231 €945,026 +€105,795 +12.6%
Tangible fixed assets 22/27 €819,083 €924,878 +€105,795 +12.9%
Land and buildings 22 €818,916 €924,878 +€105,962 +12.9%
Plant, machinery and equipment 23 €168 €0 -€168 -100.0%
Financial fixed assets 28 €20,148 €20,148 = 0.0%
Current assets 29/58 €61,766 €3,527 -€58,239 -94.3%
Amounts receivable within one year 40/41 €737 €1,623 +€886 +120.1%
Trade receivables 40 €0 - =
Other amounts receivable 41 €737 €1,623 +€886 +120.1%
Cash at bank and in hand 54/58 €59,408 €213 -€59,196 -99.6%
Deferred charges and accrued income 490/1 €1,620 €1,691 +€71 +4.4%
Total equity and liabilities 10/49 €900,997 €948,553 +€47,556 +5.3%
Equity 10/15 €278,823 €207,543 -€71,280 -25.6%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €1,860 €1,860 = 0.0%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Profit (loss) carried forward 14 €258,363 €187,083 -€71,280 -27.6%
Amounts payable 17/49 €622,175 €741,010 +€118,835 +19.1%
Amounts payable after more than one year 17 €124,462 €0 -€124,462 -100.0%
Financial debts 170/4 €124,462 €0 -€124,462 -100.0%
Amounts payable within one year 42/48 €483,895 €724,978 +€241,084 +49.8%
Current portion of amounts payable after more than one year 42 €52,731 €0 -€52,731 -100.0%
Financial debts 43 €0 - =
Credit institutions 430/8 €0 - =
Trade debts 44 €2,906 €1,168 -€1,737 -59.8%
Suppliers 440/4 €2,906 €1,168 -€1,737 -59.8%
Taxes, remuneration and social security 45 €0 €25 +€25
Taxes 450/3 €0 €25 +€25
Other amounts payable 47/48 €428,258 €723,785 +€295,527 +69.0%
Accrued charges and deferred income 492/3 €13,817 €16,032 +€2,214 +16.0%
Non-recurring operating income 76A €131,118 €0 -€131,118 -100.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €30,129 €28,177 -€1,952 -6.5%
Other operating charges 640/8 €3,189 €9,903 +€6,714 +210.5%
Non-recurring operating charges 66A - €11 +€11
Gross operating margin 9900 €119,303 -€15,069 -€134,372
Operating profit (loss) 9901 €85,985 -€53,160 -€139,145
Financial income 75/76B €2,106 €1,110 -€996 -47.3%
Recurring financial income 75 €2,106 €1,110 -€996 -47.3%
Financial charges 65/66B €22,464 €19,171 -€3,293 -14.7%
Recurring financial charges 65 €22,464 €19,171 -€3,293 -14.7%
Non-recurring financial charges 66B €0 - =
Profit (loss) for the period before taxes 9903 €65,628 -€71,221 -€136,849
Income taxes 67/77 - €59 +€59
Profit (loss) for the period 9904 €65,628 -€71,280 -€136,907
Profit (loss) for the period to be appropriated 9905 €65,628 -€71,280 -€136,907

Source: filed annual accounts (NBB), fiscal years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.