HALLET-BREMBATI: 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.
HALLET-BREMBATI
Largest movements
- Cash +€74,961
up €74,961 (+64.0%), from €117,147 to €192,108
mainly Net result for the year (+€72,519) and Advances received (+€53,213)
- Tangible fixed assets -€23,850
down €23,850 (-40.0%), from €59,575 to €35,725
of which Plant, machinery and equipment: -€13,870
- Receivables within one year +€5,058
up €5,058 (+2.9%), from €173,877 to €178,935
of which Other amounts receivable: +€10,936
- Profit (loss) carried forward +€72,519
up €72,519 (+348.1%), from €20,833 to €93,352
- Trade debts -€59,262
down €59,262 (-86.5%), from €68,536 to €9,274
- Advances received +€53,213
up €53,213 (+152.8%), from €34,818 to €88,031
- Tax, wage and social debts +€25,221
up €25,221 (+125.6%), from €20,077 to €45,298
of which Taxes: +€30,453
- Other debts -€21,747
no longer reported in 2025 (was €21,747)
- Gross operating margin +€57,200
up €57,200 (+24.6%), from €232,947 to €290,146
- Staff costs -€27,635
down €27,635 (-15.3%), from €180,600 to €152,965
- Taxes +€25,935
up €25,935 (+513.3%), from €5,053 to €30,988
- Depreciation -€10,213
down €10,213 (-29.3%), from €34,864 to €24,651
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 | €353,370 | €410,269 | +€56,899 | +16.1% |
| Fixed assets | 21/28 | €59,650 | €35,800 | -€23,850 | -40.0% |
| Tangible fixed assets | 22/27 | €59,575 | €35,725 | -€23,850 | -40.0% |
| Plant, machinery and equipment | 23 | €40,765 | €26,895 | -€13,870 | -34.0% |
| Furniture and vehicles | 24 | €18,810 | €8,830 | -€9,980 | -53.1% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €293,720 | €374,469 | +€80,749 | +27.5% |
| Amounts receivable within one year | 40/41 | €173,877 | €178,935 | +€5,058 | +2.9% |
| Trade receivables | 40 | €160,395 | €154,516 | -€5,879 | -3.7% |
| Other amounts receivable | 41 | €13,483 | €24,419 | +€10,936 | +81.1% |
| Cash at bank and in hand | 54/58 | €117,147 | €192,108 | +€74,961 | +64.0% |
| Deferred charges and accrued income | 490/1 | €2,696 | €3,427 | +€730 | +27.1% |
| Total equity and liabilities | 10/49 | €353,370 | €410,269 | +€56,899 | +16.1% |
| Equity | 10/15 | €168,798 | €241,317 | +€72,519 | +43.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €129,365 | €129,365 | = | 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% |
| Distributable reserves | 133 | €127,505 | €127,505 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,833 | €93,352 | +€72,519 | +348.1% |
| Amounts payable | 17/49 | €184,572 | €168,952 | -€15,620 | -8.5% |
| Amounts payable after more than one year | 17 | €26,349 | €12,957 | -€13,391 | -50.8% |
| Financial debts | 170/4 | €26,349 | €12,957 | -€13,391 | -50.8% |
| Amounts payable within one year | 42/48 | €158,223 | €155,995 | -€2,229 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €13,045 | €13,391 | +€347 | +2.7% |
| Trade debts | 44 | €68,536 | €9,274 | -€59,262 | -86.5% |
| Suppliers | 440/4 | €68,536 | €9,274 | -€59,262 | -86.5% |
| Advances received on contracts in progress | 46 | €34,818 | €88,031 | +€53,213 | +152.8% |
| Taxes, remuneration and social security | 45 | €20,077 | €45,298 | +€25,221 | +125.6% |
| Taxes | 450/3 | €5,060 | €35,513 | +€30,453 | +601.9% |
| Remuneration and social security | 454/9 | €15,017 | €9,785 | -€5,233 | -34.8% |
| Other amounts payable | 47/48 | €21,747 | - | -€21,747 | |
| Non-recurring operating income | 76A | - | €552 | +€552 | |
| Remuneration, social security and pensions | 62 | €180,600 | €152,965 | -€27,635 | -15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,864 | €24,651 | -€10,213 | -29.3% |
| Other operating charges | 640/8 | €2,765 | €3,333 | +€568 | +20.5% |
| Gross operating margin | 9900 | €232,947 | €290,146 | +€57,200 | +24.6% |
| Operating profit (loss) | 9901 | €14,718 | €109,197 | +€94,480 | +641.9% |
| Financial income | 75/76B | €1 | €208 | +€207 | +20099.0% |
| Recurring financial income | 75 | €1 | €208 | +€207 | +20099.0% |
| Financial charges | 65/66B | €5,229 | €5,898 | +€669 | +12.8% |
| Recurring financial charges | 65 | €5,229 | €5,898 | +€669 | +12.8% |
| Profit (loss) for the period before taxes | 9903 | €9,490 | €103,508 | +€94,018 | +990.7% |
| Income taxes | 67/77 | €5,053 | €30,988 | +€25,935 | +513.3% |
| Profit (loss) for the period | 9904 | €4,437 | €72,519 | +€68,082 | +1534.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,437 | €72,519 | +€68,082 | +1534.5% |
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 9 October 2026 via checked.be.