Halutec Group: 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.
Halutec Group
Largest movements
- Current investments +€128,914
up €128,914 (+15.2%), from €848,994 to €977,908
- Deferred charges and accrued income -€101,083
down €101,083 (-98.5%), from €102,670 to €1,587
- Tangible fixed assets -€82,443
down €82,443 (-4.7%), from €1.7m to €1.7m
of which Land and buildings: -€78,001
- Cash -€52,203
down €52,203 (-24.3%), from €214,768 to €162,565
mainly Contributions, distributions and other (-€275,000) and Debts after one year (-€156,847)
- Reserves -€275,000
down €275,000 (-18.1%), from €1.5m to €1.2m
- Other debts +€248,416
up €248,416 (+2726.2%), from €9,112 to €257,528
- Debts after one year -€156,847
down €156,847 (-19.9%), from €786,835 to €629,988
- Profit (loss) carried forward +€112,234
up €112,234 (+24.2%), from €464,682 to €576,917
- Financial income -€94,470
down €94,470 (-88.1%), from €107,204 to €12,734
- Gross operating margin -€6,000
down €6,000 (-2.3%), from €261,851 to €255,851
- Other operating charges +€3,126
up €3,126 (+21.9%), from €14,301 to €17,427
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 | €5,136,678 | €5,033,998 | -€102,680 | -2.0% |
| Fixed assets | 21/28 | €3,914,104 | €3,831,661 | -€82,443 | -2.1% |
| Tangible fixed assets | 22/27 | €1,749,371 | €1,666,928 | -€82,443 | -4.7% |
| Land and buildings | 22 | €1,740,068 | €1,662,067 | -€78,001 | -4.5% |
| Furniture and vehicles | 24 | €9,302 | €4,860 | -€4,442 | -47.8% |
| Financial fixed assets | 28 | €2,164,733 | €2,164,733 | = | 0.0% |
| Current assets | 29/58 | €1,222,574 | €1,202,337 | -€20,237 | -1.7% |
| Amounts receivable within one year | 40/41 | €56,142 | €60,277 | +€4,135 | +7.4% |
| Trade receivables | 40 | €40,577 | €40,577 | = | 0.0% |
| Other amounts receivable | 41 | €15,565 | €19,700 | +€4,135 | +26.6% |
| Current investments | 50/53 | €848,994 | €977,908 | +€128,914 | +15.2% |
| Cash at bank and in hand | 54/58 | €214,768 | €162,565 | -€52,203 | -24.3% |
| Deferred charges and accrued income | 490/1 | €102,670 | €1,587 | -€101,083 | -98.5% |
| Total equity and liabilities | 10/49 | €5,136,678 | €5,033,998 | -€102,680 | -2.0% |
| Equity | 10/15 | €4,115,059 | €3,952,293 | -€162,766 | -4.0% |
| Contributions | 10/11 | €2,134,600 | €2,134,600 | = | 0.0% |
| Reserves | 13 | €1,515,776 | €1,240,776 | -€275,000 | -18.1% |
| Distributable reserves | 133 | €1,515,776 | €1,240,776 | -€275,000 | -18.1% |
| Profit (loss) carried forward | 14 | €464,682 | €576,917 | +€112,234 | +24.2% |
| Amounts payable | 17/49 | €1,021,619 | €1,081,705 | +€60,086 | +5.9% |
| Amounts payable after more than one year | 17 | €786,835 | €629,988 | -€156,847 | -19.9% |
| Financial debts | 170/4 | €786,835 | €629,988 | -€156,847 | -19.9% |
| Amounts payable within one year | 42/48 | €232,983 | €447,907 | +€214,924 | +92.2% |
| Current portion of amounts payable after more than one year | 42 | €163,752 | €162,266 | -€1,487 | -0.9% |
| Trade debts | 44 | €35,016 | €3,081 | -€31,935 | -91.2% |
| Suppliers | 440/4 | €35,016 | €3,081 | -€31,935 | -91.2% |
| Taxes, remuneration and social security | 45 | €25,102 | €25,032 | -€70 | -0.3% |
| Taxes | 450/3 | €25,102 | €25,032 | -€70 | -0.3% |
| Other amounts payable | 47/48 | €9,112 | €257,528 | +€248,416 | +2726.2% |
| Accrued charges and deferred income | 492/3 | €1,801 | €3,810 | +€2,009 | +111.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96,035 | €93,702 | -€2,333 | -2.4% |
| Other operating charges | 640/8 | €14,301 | €17,427 | +€3,126 | +21.9% |
| Gross operating margin | 9900 | €261,851 | €255,851 | -€6,000 | -2.3% |
| Operating profit (loss) | 9901 | €151,515 | €144,722 | -€6,793 | -4.5% |
| Financial income | 75/76B | €107,204 | €12,734 | -€94,470 | -88.1% |
| Recurring financial income | 75 | €107,204 | €12,734 | -€94,470 | -88.1% |
| Financial charges | 65/66B | €13,506 | €11,102 | -€2,405 | -17.8% |
| Recurring financial charges | 65 | €13,506 | €11,102 | -€2,405 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €245,213 | €146,355 | -€98,858 | -40.3% |
| Income taxes | 67/77 | €36,597 | €34,120 | -€2,476 | -6.8% |
| Profit (loss) for the period | 9904 | €208,616 | €112,234 | -€96,382 | -46.2% |
| Profit (loss) for the period to be appropriated | 9905 | €208,616 | €112,234 | -€96,382 | -46.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.