HALIXO: 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.
HALIXO
Largest movements
- Cash +€136,865
up €136,865 (+39.8%), from €343,887 to €480,752
mainly Other debts (+€308,022) and Net result for the year (+€123,969)
- Current investments -€50,000
down €50,000 (-25.0%), from €200,000 to €150,000
- Tangible fixed assets -€11,703
down €11,703 (-18.5%), from €63,199 to €51,496
of which Furniture and vehicles: -€10,478
- Reserves -€359,421
down €359,421 (-77.6%), from €463,159 to €103,738
- Other debts +€308,022
up €308,022 (+256.6%), from €120,019 to €428,041
- Profit (loss) carried forward +€123,969
up €123,969, from €0 to €123,969
- Tax, wage and social debts -€18,766
down €18,766 (-48.2%), from €38,905 to €20,139
of which Taxes: -€18,799
- Accrued charges and deferred income +€14,566
up €14,566 (+301.2%), from €4,835 to €19,401
- Gross operating margin -€38,434
down €38,434 (-16.7%), from €230,194 to €191,760
- Financial charges +€14,410
up €14,410 (+239.0%), from €6,030 to €20,440
- Taxes -€13,236
down €13,236 (-26.0%), from €50,831 to €37,595
- Depreciation +€8,054
up €8,054 (+120.0%), from €6,714 to €14,769
- Financial income +€6,172
up €6,172 (+20294.8%), from €30 to €6,202
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 | €640,825 | €712,577 | +€71,752 | +11.2% |
| Fixed assets | 21/28 | €63,199 | €51,496 | -€11,703 | -18.5% |
| Tangible fixed assets | 22/27 | €63,199 | €51,496 | -€11,703 | -18.5% |
| Plant, machinery and equipment | 23 | €8,193 | €6,968 | -€1,225 | -15.0% |
| Furniture and vehicles | 24 | €55,005 | €44,527 | -€10,478 | -19.0% |
| Current assets | 29/58 | €577,626 | €661,081 | +€83,455 | +14.4% |
| Amounts receivable within one year | 40/41 | €33,739 | €30,329 | -€3,410 | -10.1% |
| Trade receivables | 40 | €33,739 | €30,329 | -€3,410 | -10.1% |
| Current investments | 50/53 | €200,000 | €150,000 | -€50,000 | -25.0% |
| Cash at bank and in hand | 54/58 | €343,887 | €480,752 | +€136,865 | +39.8% |
| Total equity and liabilities | 10/49 | €640,825 | €712,577 | +€71,752 | +11.2% |
| Equity | 10/15 | €473,159 | €237,707 | -€235,452 | -49.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €463,159 | €103,738 | -€359,421 | -77.6% |
| Distributable reserves | 133 | €463,159 | €103,738 | -€359,421 | -77.6% |
| Profit (loss) carried forward | 14 | €0 | €123,969 | +€123,969 | |
| Amounts payable | 17/49 | €167,665 | €474,870 | +€307,204 | +183.2% |
| Amounts payable within one year | 42/48 | €162,830 | €455,468 | +€292,638 | +179.7% |
| Trade debts | 44 | €3,905 | €7,288 | +€3,383 | +86.6% |
| Suppliers | 440/4 | €3,905 | €7,288 | +€3,383 | +86.6% |
| Taxes, remuneration and social security | 45 | €38,905 | €20,139 | -€18,766 | -48.2% |
| Taxes | 450/3 | €37,544 | €18,744 | -€18,799 | -50.1% |
| Remuneration and social security | 454/9 | €1,362 | €1,395 | +€33 | +2.5% |
| Other amounts payable | 47/48 | €120,019 | €428,041 | +€308,022 | +256.6% |
| Accrued charges and deferred income | 492/3 | €4,835 | €19,401 | +€14,566 | +301.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,714 | €14,769 | +€8,054 | +120.0% |
| Other operating charges | 640/8 | €1,114 | €1,190 | +€75 | +6.7% |
| Gross operating margin | 9900 | €230,194 | €191,760 | -€38,434 | -16.7% |
| Operating profit (loss) | 9901 | €222,365 | €175,802 | -€46,563 | -20.9% |
| Financial income | 75/76B | €30 | €6,202 | +€6,172 | +20294.8% |
| Recurring financial income | 75 | €30 | €6,202 | +€6,172 | +20294.8% |
| Financial charges | 65/66B | €6,030 | €20,440 | +€14,410 | +239.0% |
| Recurring financial charges | 65 | €6,030 | €20,440 | +€14,410 | +239.0% |
| Profit (loss) for the period before taxes | 9903 | €216,366 | €161,564 | -€54,802 | -25.3% |
| Income taxes | 67/77 | €50,831 | €37,595 | -€13,236 | -26.0% |
| Profit (loss) for the period | 9904 | €165,534 | €123,969 | -€41,566 | -25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €165,534 | €123,969 | -€41,566 | -25.1% |
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 11 October 2026 via checked.be.