HALOCLINE: 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.
HALOCLINE
Largest movements
- Receivables within one year -€6,563
down €6,563 (-22.3%), from €29,495 to €22,932
of which Trade receivables: -€10,903
- Cash +€5,637
up €5,637 (+5.6%), from €101,375 to €107,012
mainly Net result for the year (+€38,475) and Receivables within one year (+€6,563)
- Receivables after one year +€4,158
new in 2025: €4,158
- Tangible fixed assets -€3,193
down €3,193 (-35.4%), from €9,024 to €5,830
of which Furniture and vehicles: -€3,193
- Trade debts -€3,168
down €3,168 (-87.7%), from €3,611 to €443
- Other debts +€2,015
up €2,015 (+5.3%), from €38,176 to €40,191
- Gross operating margin +€2,690
up €2,690 (+5.4%), from €50,106 to €52,796
- Depreciation +€1,698
up €1,698 (+99.7%), from €1,703 to €3,402
- Financial charges -€720
down €720 (-91.6%), from €786 to €66
- Taxes +€615
up €615 (+6.2%), from €9,973 to €10,588
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 | €140,825 | €140,662 | -€163 | -0.1% |
| Formation expenses | 20 | €208 | - | -€208 | |
| Fixed assets | 21/28 | €9,024 | €5,830 | -€3,193 | -35.4% |
| Tangible fixed assets | 22/27 | €9,024 | €5,830 | -€3,193 | -35.4% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €9,024 | €5,830 | -€3,193 | -35.4% |
| Current assets | 29/58 | €131,593 | €134,832 | +€3,239 | +2.5% |
| Amounts receivable after more than one year | 29 | - | €4,158 | +€4,158 | |
| Trade receivables | 290 | - | €4,158 | +€4,158 | |
| Amounts receivable within one year | 40/41 | €29,495 | €22,932 | -€6,563 | -22.3% |
| Trade receivables | 40 | €28,425 | €17,522 | -€10,903 | -38.4% |
| Other amounts receivable | 41 | €1,069 | €5,410 | +€4,340 | +406% |
| Cash at bank and in hand | 54/58 | €101,375 | €107,012 | +€5,637 | +5.6% |
| Deferred charges and accrued income | 490/1 | €723 | €731 | +€7 | +1.0% |
| Total equity and liabilities | 10/49 | €140,825 | €140,662 | -€163 | -0.1% |
| Equity | 10/15 | €85,427 | €85,427 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €82,427 | €82,427 | = | 0.0% |
| Distributable reserves | 133 | €82,427 | €82,427 | = | 0.0% |
| Amounts payable | 17/49 | €55,398 | €55,235 | -€163 | -0.3% |
| Amounts payable within one year | 42/48 | €55,398 | €55,235 | -€163 | -0.3% |
| Trade debts | 44 | €3,611 | €443 | -€3,168 | -87.7% |
| Suppliers | 440/4 | €3,611 | €443 | -€3,168 | -87.7% |
| Taxes, remuneration and social security | 45 | €13,611 | €14,601 | +€990 | +7.3% |
| Taxes | 450/3 | €13,611 | €14,601 | +€990 | +7.3% |
| Other amounts payable | 47/48 | €38,176 | €40,191 | +€2,015 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,703 | €3,402 | +€1,698 | +99.7% |
| Other operating charges | 640/8 | €527 | €667 | +€140 | +26.6% |
| Gross operating margin | 9900 | €50,106 | €52,796 | +€2,690 | +5.4% |
| Operating profit (loss) | 9901 | €47,876 | €48,727 | +€851 | +1.8% |
| Financial income | 75/76B | €0 | €403 | +€403 | |
| Recurring financial income | 75 | €0 | €403 | +€403 | |
| Financial charges | 65/66B | €786 | €66 | -€720 | -91.6% |
| Recurring financial charges | 65 | €786 | €66 | -€720 | -91.6% |
| Profit (loss) for the period before taxes | 9903 | €47,090 | €49,064 | +€1,974 | +4.2% |
| Income taxes | 67/77 | €9,973 | €10,588 | +€615 | +6.2% |
| Profit (loss) for the period | 9904 | €37,117 | €38,475 | +€1,359 | +3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €37,117 | €38,475 | +€1,359 | +3.7% |
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 27 October 2026 via checked.be.