HALOGEN: what changed
Two fiscal 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.
HALOGEN
Largest movements
- Cash +€35,163
up €35,163 (+59.1%), from €59,545 to €94,708
mainly Net result for the year (+€61,928) and Trade debts (+€2,746)
- Receivables within one year +€14,951
up €14,951 (+4641.6%), from €322 to €15,273
of which Trade receivables: +€14,733
- Tangible fixed assets +€2,277
new in 2025: €2,277
- Profit (loss) carried forward +€61,928
up €61,928 (+155.7%), from €39,771 to €101,698
- Tax, wage and social debts -€12,743
down €12,743 (-70.0%), from €18,207 to €5,464
- Trade debts +€2,746
up €2,746 (+716.6%), from €383 to €3,129
- Gross operating margin +€11,986
up €11,986 (+23.9%), from €50,193 to €62,179
- Taxes -€10,372
down €10,372 (-100.0%), from €10,372 to €0
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 | €60,360 | €112,291 | +€51,931 | +86.0% |
| Fixed assets | 21/28 | - | €2,277 | +€2,277 | |
| Tangible fixed assets | 22/27 | - | €2,277 | +€2,277 | |
| Furniture and vehicles | 24 | - | €2,277 | +€2,277 | |
| Current assets | 29/58 | €60,360 | €110,013 | +€49,653 | +82.3% |
| Amounts receivable within one year | 40/41 | €322 | €15,273 | +€14,951 | +4641.6% |
| Trade receivables | 40 | - | €14,733 | +€14,733 | |
| Other amounts receivable | 41 | €322 | €540 | +€218 | +67.6% |
| Cash at bank and in hand | 54/58 | €59,545 | €94,708 | +€35,163 | +59.1% |
| Deferred charges and accrued income | 490/1 | €494 | €32 | -€461 | -93.5% |
| Total equity and liabilities | 10/49 | €60,360 | €112,291 | +€51,931 | +86.0% |
| Equity | 10/15 | €41,771 | €103,698 | +€61,928 | +148.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,771 | €101,698 | +€61,928 | +155.7% |
| Amounts payable | 17/49 | €18,590 | €8,592 | -€9,997 | -53.8% |
| Amounts payable within one year | 42/48 | €18,590 | €8,592 | -€9,997 | -53.8% |
| Trade debts | 44 | €383 | €3,129 | +€2,746 | +716.6% |
| Suppliers | 440/4 | €383 | €3,129 | +€2,746 | +716.6% |
| Taxes, remuneration and social security | 45 | €18,207 | €5,464 | -€12,743 | -70.0% |
| Taxes | 450/3 | €18,207 | €5,464 | -€12,743 | -70.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €251 | +€251 | |
| Other operating charges | 640/8 | €50 | €0 | -€50 | -100.0% |
| Gross operating margin | 9900 | €50,193 | €62,179 | +€11,986 | +23.9% |
| Operating profit (loss) | 9901 | €50,143 | €61,928 | +€11,785 | +23.5% |
| Profit (loss) for the period before taxes | 9903 | €50,143 | €61,928 | +€11,785 | +23.5% |
| Income taxes | 67/77 | €10,372 | €0 | -€10,372 | -100.0% |
| Profit (loss) for the period | 9904 | €39,771 | €61,928 | +€22,157 | +55.7% |
| Profit (loss) for the period to be appropriated | 9905 | €39,771 | €61,928 | +€22,157 | +55.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.