HALIMMO: 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
HALIMMO
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€30,395
2024 · -€126,295+€156,691
Equity
€2.4m
2024 · €905,792+€1.5m
Cash
€25,839
2024 · €44,394-€18,555
Balance sheet total
€7.7m
2024 · €7.9m-€210,597
Largest movements
Assets
- Tangible fixed assets -€183,645
down €183,645 (-2.6%), from €7.1m to €7.0m
Equity and liabilities
- Contributions +€1.5m
up €1.5m (+99.9%), from €1.5m to €3.0m
- Debts after one year -€1.1m
down €1.1m (-23.8%), from €4.6m to €3.5m
of which Other amounts payable: -€813,000
- Other debts -€632,948
down €632,948 (-38.7%), from €1.6m to €1.0m
Income statement
- Other operating charges -€125,142
down €125,142 (-56.8%), from €220,281 to €95,139
- Gross operating margin +€83,768
up €83,768 (+18.2%), from €461,437 to €545,205
- Depreciation +€27,707
up €27,707 (+9.8%), from €282,986 to €310,693
- Financial charges +€23,116
up €23,116 (+27.4%), from €84,465 to €107,581
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.
Result 2024
-€126,295
Gross operating margin
+€83,768
Depreciation
-€27,707
Other operating charges
+€125,142
Other operating items
-€1,397
Financial charges
-€23,116
Result 2025
€30,395
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.
From operations
-€304,498
Investment
-€127,047
Financing
+€412,990
Cash 2024
€44,394
From operations (derived)
-€304,498
Net result for the year
+€30,395
Depreciation
+€310,693
Receivables within one year
+€8,397
Provisions
-€15,181
Trade debts
-€7,000
Tax, wage and social debts
+€1,146
Other debts
-€632,948
Investment (derived)
-€127,047
Investment in fixed assets (net)
-€127,047
Financing
+€412,990
Debts after one year
-€1.1m
Current portion of long-term debt
+€8,560
Contributions, distributions and other
+€1.5m
Cash 2025
€25,839
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,885,023 | €7,674,426 | -€210,597 | -2.7% |
| Fixed assets | 21/28 | €7,741,932 | €7,558,286 | -€183,645 | -2.4% |
| Tangible fixed assets | 22/27 | €7,141,932 | €6,958,286 | -€183,645 | -2.6% |
| Land and buildings | 22 | €7,141,932 | €6,958,286 | -€183,645 | -2.6% |
| Financial fixed assets | 28 | €600,000 | €600,000 | = | 0.0% |
| Current assets | 29/58 | €143,091 | €116,139 | -€26,951 | -18.8% |
| Amounts receivable within one year | 40/41 | €98,697 | €90,300 | -€8,397 | -8.5% |
| Trade receivables | 40 | €8,397 | - | -€8,397 | |
| Other amounts receivable | 41 | €90,300 | €90,300 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €44,394 | €25,839 | -€18,555 | -41.8% |
| Total equity and liabilities | 10/49 | €7,885,023 | €7,674,426 | -€210,597 | -2.7% |
| Equity | 10/15 | €905,792 | €2,436,188 | +€1.5m | +169.0% |
| Contributions | 10/11 | €1,500,635 | €3,000,000 | +€1.5m | +99.9% |
| Capital | 10 | €1,500,635 | €3,000,000 | +€1.5m | +99.9% |
| Issued capital | 100 | €1,500,635 | €3,000,000 | +€1.5m | +99.9% |
| Reserves | 13 | €427 | €427 | = | 0.0% |
| Distributable reserves | 133 | €427 | €427 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€595,270 | -€564,239 | +€31,031 | +5.2% |
| Provisions and deferred taxes | 16 | €120,090 | €104,909 | -€15,181 | -12.6% |
| Provisions for liabilities and charges | 160/5 | €120,090 | €104,909 | -€15,181 | -12.6% |
| Environmental obligations | 163 | €120,090 | €104,909 | -€15,181 | -12.6% |
| Amounts payable | 17/49 | €6,859,140 | €5,133,329 | -€1.7m | -25.2% |
| Amounts payable after more than one year | 17 | €4,602,345 | €3,506,776 | -€1.1m | -23.8% |
| Financial debts | 170/4 | €3,182,911 | €2,900,342 | -€282,569 | -8.9% |
| Other amounts payable | 178/9 | €1,419,434 | €606,434 | -€813,000 | -57.3% |
| Amounts payable within one year | 42/48 | €1,918,680 | €1,288,439 | -€630,242 | -32.8% |
| Current portion of amounts payable after more than one year | 42 | €274,010 | €282,569 | +€8,560 | +3.1% |
| Trade debts | 44 | €7,000 | - | -€7,000 | |
| Suppliers | 440/4 | €7,000 | - | -€7,000 | |
| Taxes, remuneration and social security | 45 | €106 | €1,252 | +€1,146 | +1081.6% |
| Taxes | 450/3 | €106 | €1,252 | +€1,146 | +1081.6% |
| Other amounts payable | 47/48 | €1,637,565 | €1,004,617 | -€632,948 | -38.7% |
| Accrued charges and deferred income | 492/3 | €338,115 | €338,115 | = | 0.0% |
| Non-recurring operating income | 76A | €1,592 | €13,483 | +€11,891 | +746.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €282,986 | €310,693 | +€27,707 | +9.8% |
| Other operating charges | 640/8 | €220,281 | €95,139 | -€125,142 | -56.8% |
| Non-recurring operating charges | 66A | - | €1,397 | +€1,397 | |
| Gross operating margin | 9900 | €461,437 | €545,205 | +€83,768 | +18.2% |
| Operating profit (loss) | 9901 | -€41,830 | €137,976 | +€179,806 | |
| Financial charges | 65/66B | €84,465 | €107,581 | +€23,116 | +27.4% |
| Recurring financial charges | 65 | €84,465 | €107,581 | +€23,116 | +27.4% |
| Profit (loss) for the period before taxes | 9903 | -€126,295 | €30,395 | +€156,691 | |
| Profit (loss) for the period | 9904 | -€126,295 | €30,395 | +€156,691 | |
| Profit (loss) for the period to be appropriated | 9905 | -€126,295 | €30,395 | +€156,691 |
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 30 September 2026 via checked.be.