HALTHOR: 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.
HALTHOR
Largest movements
- Tangible fixed assets -€7,223
down €7,223 (-5.8%), from €123,663 to €116,440
of which Land and buildings: -€7,032
- Cash +€4,405
up €4,405 (+57.9%), from €7,604 to €12,009
mainly Other debts (+€24,442) and Depreciation (+€9,473)
- Profit (loss) carried forward -€26,677
down €26,677 (-40.1%), from -€66,554 to -€93,231
- Other debts +€24,442
up €24,442 (+6.0%), from €410,395 to €434,837
- Gross operating margin -€25,990
down €25,990, from €9,819 to -€16,171
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 | €366,564 | €364,708 | -€1,856 | -0.5% |
| Fixed assets | 21/28 | €123,663 | €116,440 | -€7,223 | -5.8% |
| Tangible fixed assets | 22/27 | €123,663 | €116,440 | -€7,223 | -5.8% |
| Land and buildings | 22 | €123,472 | €116,440 | -€7,032 | -5.7% |
| Furniture and vehicles | 24 | €191 | - | -€191 | |
| Current assets | 29/58 | €242,900 | €248,268 | +€5,367 | +2.2% |
| Amounts receivable within one year | 40/41 | €235,296 | €236,258 | +€962 | +0.4% |
| Trade receivables | 40 | €10,336 | €10,755 | +€419 | +4.1% |
| Other amounts receivable | 41 | €224,960 | €225,504 | +€543 | +0.2% |
| Cash at bank and in hand | 54/58 | €7,604 | €12,009 | +€4,405 | +57.9% |
| Total equity and liabilities | 10/49 | €366,564 | €364,708 | -€1,856 | -0.5% |
| Equity | 10/15 | -€47,954 | -€74,631 | -€26,677 | -55.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,554 | -€93,231 | -€26,677 | -40.1% |
| Amounts payable | 17/49 | €414,518 | €439,339 | +€24,821 | +6.0% |
| Amounts payable within one year | 42/48 | €414,518 | €439,339 | +€24,821 | +6.0% |
| Trade debts | 44 | €4,123 | €4,503 | +€380 | +9.2% |
| Suppliers | 440/4 | €4,123 | €4,503 | +€380 | +9.2% |
| Other amounts payable | 47/48 | €410,395 | €434,837 | +€24,442 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,398 | €9,473 | +€75 | +0.8% |
| Other operating charges | 640/8 | €1,082 | €972 | -€110 | -10.2% |
| Gross operating margin | 9900 | €9,819 | -€16,171 | -€25,990 | |
| Operating profit (loss) | 9901 | -€662 | -€26,616 | -€25,955 | -3,923% |
| Financial charges | 65/66B | €61 | €61 | = | 0.0% |
| Recurring financial charges | 65 | €61 | €61 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€722 | -€26,677 | -€25,955 | -3,592% |
| Profit (loss) for the period | 9904 | -€722 | -€26,677 | -€25,955 | -3,592% |
| Profit (loss) for the period to be appropriated | 9905 | -€722 | -€26,677 | -€25,955 | -3,592% |
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 18 October 2026 via checked.be.