HALUTEC: 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.
What changed
HALUTEC
NACE 46.649, Wholesale of other machinery and equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€178,612
2024 · -€519,770+€698,382
Equity
€5.1m
2024 · €4.9m+€178,612
Cash
€1.5m
2024 · €1.2m+€246,756
Balance sheet total
€6.5m
2024 · €6.7m-€143,428
Largest movements
Assets
- Stocks and contracts -€349,199
down €349,199 (-17.5%), from €2.0m to €1.6m
- Cash +€246,756
up €246,756 (+20.1%), from €1.2m to €1.5m
mainly Depreciation (+€456,028) and Stocks and contracts (+€349,199)
- Tangible fixed assets -€209,779
down €209,779 (-12.5%), from €1.7m to €1.5m
of which Furniture and vehicles: -€153,990
- Receivables within one year +€169,639
up €169,639 (+10.4%), from €1.6m to €1.8m
of which Trade receivables: +€221,757
Equity and liabilities
- Debts after one year -€182,340
down €182,340 (-57.1%), from €319,427 to €137,087
- Reserves +€180,000
up €180,000 (+3.7%), from €4.8m to €5.0m
of which Distributable reserves: +€180,000
- Trade debts -€168,936
down €168,936 (-25.4%), from €665,772 to €496,837
Income statement
- Services and other goods -€1.2m
down €1.2m (-25.7%), from €4.7m to €3.5m
- Other operating income -€208,262
down €208,262 (-59.4%), from €350,448 to €142,186
- Goods and materials +€159,164
up €159,164 (+4.3%), from €3.7m to €3.9m
of which Change in stocks: decrease (increase): +€599,196
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.
Result 2024
-€519,770
Turnover
-€98,115
Other operating income
-€208,262
Goods and materials
-€159,164
Services and other goods
+€1.2m
Staff costs
-€119,836
Depreciation
-€37,351
Write-downs
-€3,380
Other operating charges
+€101,109
Financial income
+€8,173
Financial charges
-€3,743
Taxes
-€805
Result 2025
€178,612
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.
From operations
+€663,118
Investment
-€239,096
Financing
-€177,266
Cash 2024
€1.2m
From operations (derived)
+€663,118
Net result for the year
+€178,612
Depreciation
+€456,028
Stocks and contracts
+€349,199
Receivables within one year
-€169,639
Deferred charges and accrued income
-€6,309
Trade debts
-€168,936
Tax, wage and social debts
+€33,852
Accrued charges and deferred income
-€9,691
Investment (derived)
-€239,096
Investment in fixed assets (net)
-€239,096
Financing
-€177,266
Debts after one year
-€182,340
Current portion of long-term debt
+€5,074
Cash 2025
€1.5m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,655,213 | €6,511,785 | -€143,428 | -2.2% |
| Fixed assets | 21/28 | €1,721,100 | €1,504,168 | -€216,932 | -12.6% |
| Intangible fixed assets | 21 | €35,481 | €28,327 | -€7,154 | -20.2% |
| Tangible fixed assets | 22/27 | €1,677,392 | €1,467,613 | -€209,779 | -12.5% |
| Plant, machinery and equipment | 23 | €23,195 | €18,800 | -€4,395 | -18.9% |
| Furniture and vehicles | 24 | €1,175,252 | €1,021,262 | -€153,990 | -13.1% |
| Other tangible fixed assets | 26 | €478,945 | €427,551 | -€51,394 | -10.7% |
| Financial fixed assets | 28 | €8,227 | €8,227 | = | 0.0% |
| Other financial fixed assets | 284/8 | €8,227 | €8,227 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €8,227 | €8,227 | = | 0.0% |
| Current assets | 29/58 | €4,934,113 | €5,007,618 | +€73,504 | +1.5% |
| Stocks and contracts in progress | 3 | €1,998,165 | €1,648,966 | -€349,199 | -17.5% |
| Stocks | 30/36 | €1,998,165 | €1,648,966 | -€349,199 | -17.5% |
| Raw materials and consumables | 30/31 | €1,998,165 | €1,648,966 | -€349,199 | -17.5% |
| Amounts receivable within one year | 40/41 | €1,636,981 | €1,806,619 | +€169,639 | +10.4% |
| Trade receivables | 40 | €1,160,197 | €1,381,954 | +€221,757 | +19.1% |
| Other amounts receivable | 41 | €476,783 | €424,665 | -€52,118 | -10.9% |
| Cash at bank and in hand | 54/58 | €1,229,405 | €1,476,161 | +€246,756 | +20.1% |
| Deferred charges and accrued income | 490/1 | €69,562 | €75,871 | +€6,309 | +9.1% |
| Total equity and liabilities | 10/49 | €6,655,213 | €6,511,785 | -€143,428 | -2.2% |
| Equity | 10/15 | €4,922,512 | €5,101,124 | +€178,612 | +3.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €4,820,000 | €5,000,000 | +€180,000 | +3.7% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €4,810,000 | €4,990,000 | +€180,000 | +3.7% |
| Profit (loss) carried forward | 14 | €2,512 | €1,124 | -€1,388 | -55.2% |
| Amounts payable | 17/49 | €1,732,702 | €1,410,661 | -€322,040 | -18.6% |
| Amounts payable after more than one year | 17 | €319,427 | €137,087 | -€182,340 | -57.1% |
| Financial debts | 170/4 | €319,427 | €137,087 | -€182,340 | -57.1% |
| Credit institutions | 173 | €319,427 | €137,087 | -€182,340 | -57.1% |
| Amounts payable within one year | 42/48 | €1,393,275 | €1,263,265 | -€130,010 | -9.3% |
| Current portion of amounts payable after more than one year | 42 | €252,044 | €257,118 | +€5,074 | +2.0% |
| Trade debts | 44 | €665,772 | €496,837 | -€168,936 | -25.4% |
| Suppliers | 440/4 | €665,772 | €496,837 | -€168,936 | -25.4% |
| Taxes, remuneration and social security | 45 | €475,459 | €509,311 | +€33,852 | +7.1% |
| Taxes | 450/3 | €40,309 | €62,185 | +€21,876 | +54.3% |
| Remuneration and social security | 454/9 | €435,150 | €447,126 | +€11,976 | +2.8% |
| Accrued charges and deferred income | 492/3 | €20,000 | €10,309 | -€9,691 | -48.5% |
| Operating income | 70/76A | €12,336,349 | €12,029,971 | -€306,377 | -2.5% |
| Turnover | 70 | €11,985,901 | €11,887,785 | -€98,115 | -0.8% |
| Other operating income | 74 | €350,448 | €142,186 | -€208,262 | -59.4% |
| Operating charges | 60/66A | €12,845,032 | €11,843,897 | -€1.0m | -7.8% |
| Goods for resale, raw materials and consumables | 60 | €3,709,349 | €3,868,513 | +€159,164 | +4.3% |
| Purchases | 600/8 | €3,959,346 | €3,519,314 | -€440,032 | -11.1% |
| Change in stocks: decrease (increase) | 609 | -€249,997 | €349,199 | +€599,196 | |
| Services and other goods | 61 | €4,737,330 | €3,517,572 | -€1.2m | -25.7% |
| Remuneration, social security and pensions | 62 | €3,727,446 | €3,847,283 | +€119,836 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €418,678 | €456,028 | +€37,351 | +8.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,380 | +€3,380 | |
| Other operating charges | 640/8 | €252,229 | €151,120 | -€101,109 | -40.1% |
| Operating profit (loss) | 9901 | -€508,683 | €186,075 | +€694,758 | |
| Financial income | 75/76B | €40,909 | €49,082 | +€8,173 | +20.0% |
| Recurring financial income | 75 | €40,909 | €49,082 | +€8,173 | +20.0% |
| Income from current assets | 751 | €27,929 | €3 | -€27,925 | -100.0% |
| Other financial income | 752/9 | €12,980 | €49,079 | +€36,098 | +278.1% |
| Financial charges | 65/66B | €49,426 | €53,169 | +€3,743 | +7.6% |
| Recurring financial charges | 65 | €49,426 | €53,169 | +€3,743 | +7.6% |
| Debt charges | 650 | €19,084 | €17,011 | -€2,073 | -10.9% |
| Other financial charges | 652/9 | €30,342 | €36,158 | +€5,816 | +19.2% |
| Profit (loss) for the period before taxes | 9903 | -€517,201 | €181,987 | +€699,188 | |
| Income taxes | 67/77 | €2,569 | €3,375 | +€805 | +31.3% |
| Taxes | 670/3 | €2,569 | €3,375 | +€805 | +31.3% |
| Profit (loss) for the period | 9904 | -€519,770 | €178,612 | +€698,382 | |
| Profit (loss) for the period to be appropriated | 9905 | -€519,770 | €178,612 | +€698,382 |
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 3 October 2026 via checked.be.