HALLE PROPERTIES: 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.
HALLE PROPERTIES
Largest movements
- Receivables within one year +€210,254
up €210,254 (+230%), from €91,441 to €301,695
- Cash -€196,907
down €196,907 (-55.8%), from €352,623 to €155,716
mainly Receivables within one year (-€210,254) and Investment in fixed assets (net) (-€34,615)
- Tangible fixed assets -€48,300
down €48,300 (-3.3%), from €1.5m to €1.4m
of which Land and buildings: -€55,091
- Reserves -€28,006
down €28,006 (-1.7%), from €1.6m to €1.6m
of which Distributable reserves: -€28,006
- Gross operating margin +€37,690
up €37,690 (+223%), from €16,922 to €54,612
- Depreciation +€25,002
up €25,002 (+43.2%), from €57,913 to €82,916
- Financial income +€7,589
up €7,589 (+551%), from €1,377 to €8,966
- Taxes -€635
down €635, from €318 to -€318
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 | €1,939,396 | €1,909,004 | -€30,392 | -1.6% |
| Fixed assets | 21/28 | €1,485,147 | €1,436,847 | -€48,300 | -3.3% |
| Tangible fixed assets | 22/27 | €1,485,147 | €1,436,847 | -€48,300 | -3.3% |
| Land and buildings | 22 | €1,485,147 | €1,430,056 | -€55,091 | -3.7% |
| Furniture and vehicles | 24 | - | €6,791 | +€6,791 | |
| Current assets | 29/58 | €454,249 | €472,157 | +€17,908 | +3.9% |
| Amounts receivable within one year | 40/41 | €91,441 | €301,695 | +€210,254 | +230% |
| Other amounts receivable | 41 | €91,441 | €301,695 | +€210,254 | +230% |
| Cash at bank and in hand | 54/58 | €352,623 | €155,716 | -€196,907 | -55.8% |
| Deferred charges and accrued income | 490/1 | €10,186 | €14,746 | +€4,561 | +44.8% |
| Total equity and liabilities | 10/49 | €1,939,396 | €1,909,004 | -€30,392 | -1.6% |
| Equity | 10/15 | €1,936,754 | €1,908,748 | -€28,006 | -1.4% |
| Contributions | 10/11 | €295,480 | €295,480 | = | 0.0% |
| Capital | 10 | €295,480 | €295,480 | = | 0.0% |
| Issued capital | 100 | €295,480 | €295,480 | = | 0.0% |
| Reserves | 13 | €1,641,274 | €1,613,268 | -€28,006 | -1.7% |
| Non-distributable reserves | 130/1 | €29,548 | €29,548 | = | 0.0% |
| Legal reserve | 130 | €29,548 | €29,548 | = | 0.0% |
| Distributable reserves | 133 | €1,611,726 | €1,583,720 | -€28,006 | -1.7% |
| Amounts payable | 17/49 | €2,642 | €256 | -€2,386 | -90.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €2,642 | €0 | -€2,642 | -100% |
| Trade debts | 44 | €2,642 | €0 | -€2,642 | -100% |
| Suppliers | 440/4 | €2,642 | €0 | -€2,642 | -100% |
| Accrued charges and deferred income | 492/3 | - | €256 | +€256 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,913 | €82,916 | +€25,002 | +43.2% |
| Other operating charges | 640/8 | €8,702 | €8,835 | +€133 | +1.5% |
| Gross operating margin | 9900 | €16,922 | €54,612 | +€37,690 | +223% |
| Operating profit (loss) | 9901 | -€49,693 | -€37,138 | +€12,555 | +25.3% |
| Financial income | 75/76B | €1,377 | €8,966 | +€7,589 | +551% |
| Recurring financial income | 75 | €1,377 | €8,966 | +€7,589 | +551% |
| Financial charges | 65/66B | €147 | €152 | +€5 | +3.1% |
| Recurring financial charges | 65 | €147 | €152 | +€5 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | -€48,463 | -€28,324 | +€20,140 | +41.6% |
| Income taxes | 67/77 | €318 | -€318 | -€635 | |
| Profit (loss) for the period | 9904 | -€48,781 | -€28,006 | +€20,775 | +42.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,781 | -€28,006 | +€20,775 | +42.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.