HALLCO INDUSTRIES: 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.
HALLCO INDUSTRIES
Largest movements
- Intangible fixed assets +€452,150
up €452,150, from €0 to €452,150
- Receivables within one year -€215,445
down €215,445 (-86.9%), from €247,804 to €32,358
of which Trade receivables: -€215,045
- Cash -€95,233
down €95,233 (-60.5%), from €157,514 to €62,281
mainly Investment in fixed assets (net) (-€536,185) and Trade debts (-€237,498)
- Tangible fixed assets +€62,014
up €62,014 (+155%), from €40,091 to €102,105
of which Plant, machinery and equipment: +€61,536
- Stocks and contracts -€28,991
down €28,991 (-7.8%), from €372,019 to €343,028
- Profit (loss) carried forward +€503,595
no longer reported in 2025 (was -€503,595)
- Trade debts -€237,498
down €237,498 (-60.2%), from €394,501 to €157,004
- Debts after one year -€145,000
down €145,000 (-98.9%), from €146,605 to €1,605
- Tax, wage and social debts +€15,838
up €15,838 (+83.8%), from €18,904 to €34,742
of which Remuneration and social security: +€16,574
- Accrued charges and deferred income +€15,600
up €15,600 (+76.5%), from €20,400 to €36,000
- Gross operating margin +€536,883
up €536,883 (+234%), from €229,081 to €765,964
- Staff costs +€51,827
up €51,827 (+39.7%), from €130,482 to €182,309
- Depreciation +€13,962
up €13,962 (+173%), from €8,059 to €22,022
- Financial charges +€13,084
up €13,084 (+33.4%), from €39,194 to €52,277
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.
Derived cash bridge
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 | €822,684 | €992,067 | +€169,383 | +20.6% |
| Fixed assets | 21/28 | €40,235 | €554,399 | +€514,163 | +1,278% |
| Intangible fixed assets | 21 | €0 | €452,150 | +€452,150 | |
| Tangible fixed assets | 22/27 | €40,091 | €102,105 | +€62,014 | +155% |
| Plant, machinery and equipment | 23 | €36,982 | €98,518 | +€61,536 | +166% |
| Furniture and vehicles | 24 | €55 | €1,069 | +€1,014 | +1,842% |
| Other tangible fixed assets | 26 | €3,054 | €2,519 | -€535 | -17.5% |
| Financial fixed assets | 28 | €144 | €144 | = | 0.0% |
| Current assets | 29/58 | €782,448 | €437,668 | -€344,781 | -44.1% |
| Stocks and contracts in progress | 3 | €372,019 | €343,028 | -€28,991 | -7.8% |
| Stocks | 30/36 | €372,019 | €343,028 | -€28,991 | -7.8% |
| Amounts receivable within one year | 40/41 | €247,804 | €32,358 | -€215,445 | -86.9% |
| Trade receivables | 40 | €245,779 | €30,734 | -€215,045 | -87.5% |
| Other amounts receivable | 41 | €2,025 | €1,624 | -€400 | -19.8% |
| Cash at bank and in hand | 54/58 | €157,514 | €62,281 | -€95,233 | -60.5% |
| Deferred charges and accrued income | 490/1 | €5,111 | - | -€5,111 | |
| Total equity and liabilities | 10/49 | €822,684 | €992,067 | +€169,383 | +20.6% |
| Equity | 10/15 | €238,905 | €747,916 | +€509,011 | +213% |
| Contributions | 10/11 | €742,500 | €742,500 | = | 0.0% |
| Capital | 10 | €742,500 | €742,500 | = | 0.0% |
| Issued capital | 100 | €742,500 | €742,500 | = | 0.0% |
| Reserves | 13 | - | €5,416 | +€5,416 | |
| Distributable reserves | 133 | - | €5,416 | +€5,416 | |
| Profit (loss) carried forward | 14 | -€503,595 | - | +€503,595 | |
| Amounts payable | 17/49 | €583,779 | €244,150 | -€339,628 | -58.2% |
| Amounts payable after more than one year | 17 | €146,605 | €1,605 | -€145,000 | -98.9% |
| Financial debts | 170/4 | €146,605 | €1,605 | -€145,000 | -98.9% |
| Amounts payable within one year | 42/48 | €416,774 | €206,546 | -€210,228 | -50.4% |
| Trade debts | 44 | €394,501 | €157,004 | -€237,498 | -60.2% |
| Suppliers | 440/4 | €394,501 | €157,004 | -€237,498 | -60.2% |
| Taxes, remuneration and social security | 45 | €18,904 | €34,742 | +€15,838 | +83.8% |
| Taxes | 450/3 | €736 | - | -€736 | |
| Remuneration and social security | 454/9 | €18,168 | €34,742 | +€16,574 | +91.2% |
| Other amounts payable | 47/48 | €3,368 | €14,800 | +€11,431 | +339% |
| Accrued charges and deferred income | 492/3 | €20,400 | €36,000 | +€15,600 | +76.5% |
| Remuneration, social security and pensions | 62 | €130,482 | €182,309 | +€51,827 | +39.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,059 | €22,022 | +€13,962 | +173% |
| Other operating charges | 640/8 | €387 | €3,489 | +€3,102 | +801% |
| Gross operating margin | 9900 | €229,081 | €765,964 | +€536,883 | +234% |
| Operating profit (loss) | 9901 | €90,152 | €558,143 | +€467,992 | +519% |
| Financial income | 75/76B | €76 | €3,385 | +€3,309 | +4,357% |
| Recurring financial income | 75 | €76 | €3,385 | +€3,309 | +4,357% |
| Financial charges | 65/66B | €39,194 | €52,277 | +€13,084 | +33.4% |
| Recurring financial charges | 65 | €39,194 | €52,277 | +€13,084 | +33.4% |
| Profit (loss) for the period before taxes | 9903 | €51,034 | €509,251 | +€458,217 | +898% |
| Income taxes | 67/77 | €0 | €240 | +€240 | |
| Profit (loss) for the period | 9904 | €51,034 | €509,011 | +€457,977 | +897% |
| Profit (loss) for the period to be appropriated | 9905 | €51,034 | €509,011 | +€457,977 | +897% |
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 30 October 2026 via checked.be.