HALUX: 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.
What changed
HALUX
NACE 31.004, Manufacture of dining room, living room, bedroom and bathroom furniture
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€268,984
2024 · €142,093+€126,891
Equity
€3.9m
2024 · €3.6m+€268,984
Cash
€1.6m
2024 · €831,482+€734,486
Balance sheet total
€11.1m
2024 · €10.3m+€736,239
Largest movements
Assets
- Cash +€734,486
up €734,486 (+88.3%), from €831,482 to €1.6m
mainly Depreciation (+€932,131) and Debts after one year (+€501,091)
Equity and liabilities
- Debts after one year +€501,091
up €501,091 (+17.3%), from €2.9m to €3.4m
- Reserves +€268,881
up €268,881 (+8.5%), from €3.1m to €3.4m
of which Distributable reserves: +€280,000
- Trade debts -€112,889
down €112,889 (-4.0%), from €2.8m to €2.7m
Income statement
- Turnover +€2.4m
up €2.4m (+6.5%), from €37.4m to €39.8m
- Goods and materials +€1.6m
up €1.6m (+5.9%), from €26.3m to €27.9m
of which Purchases: +€1.9m
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
€142,093
Turnover
+€2.4m
Other operating income
+€12,468
Goods and materials
-€1.6m
Services and other goods
-€298,737
Staff costs
-€213,453
Depreciation
-€197,992
Other operating charges
-€3,256
Other operating items
-€7,206
Financial income
+€6,847
Financial charges
+€22,881
Taxes
-€50,503
Result 2025
€268,984
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
+€1.2m
Investment
-€975,787
Financing
+€510,574
Cash 2024
€831,482
From operations (derived)
+€1.2m
Net result for the year
+€268,984
Depreciation
+€932,131
Stocks and contracts
+€73,293
Receivables within one year
-€37,388
Deferred charges and accrued income
+€5,998
Trade debts
-€112,889
Tax, wage and social debts
+€36,397
Accrued charges and deferred income
+€33,172
Investment (derived)
-€975,787
Investment in fixed assets (net)
-€975,787
Financing
+€510,574
Debts after one year
+€501,091
Current portion of long-term debt
+€9,483
Cash 2025
€1.6m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,315,835 | €11,052,074 | +€736,239 | +7.1% |
| Fixed assets | 21/28 | €4,018,191 | €4,061,848 | +€43,656 | +1.1% |
| Intangible fixed assets | 21 | €9,610 | €43,023 | +€33,413 | +347.7% |
| Tangible fixed assets | 22/27 | €4,008,582 | €4,018,825 | +€10,243 | +0.3% |
| Plant, machinery and equipment | 23 | €3,769,163 | €3,779,883 | +€10,719 | +0.3% |
| Furniture and vehicles | 24 | €24,608 | €14,216 | -€10,392 | -42.2% |
| Other tangible fixed assets | 26 | €214,810 | €224,726 | +€9,916 | +4.6% |
| Current assets | 29/58 | €6,297,644 | €6,990,226 | +€692,583 | +11.0% |
| Stocks and contracts in progress | 3 | €1,872,171 | €1,798,878 | -€73,293 | -3.9% |
| Stocks | 30/36 | €1,872,171 | €1,798,878 | -€73,293 | -3.9% |
| Raw materials and consumables | 30/31 | €1,872,171 | €1,798,878 | -€73,293 | -3.9% |
| Amounts receivable within one year | 40/41 | €3,546,930 | €3,584,318 | +€37,388 | +1.1% |
| Trade receivables | 40 | €3,248,530 | €3,489,754 | +€241,224 | +7.4% |
| Other amounts receivable | 41 | €298,400 | €94,564 | -€203,836 | -68.3% |
| Cash at bank and in hand | 54/58 | €831,482 | €1,565,968 | +€734,486 | +88.3% |
| Deferred charges and accrued income | 490/1 | €47,061 | €41,062 | -€5,998 | -12.7% |
| Total equity and liabilities | 10/49 | €10,315,835 | €11,052,074 | +€736,239 | +7.1% |
| Equity | 10/15 | €3,645,990 | €3,914,974 | +€268,984 | +7.4% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €3,145,119 | €3,414,000 | +€268,881 | +8.5% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Legal reserve | 130 | €50,000 | €50,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,119 | €0 | -€11,119 | -100.0% |
| Distributable reserves | 133 | €3,084,000 | €3,364,000 | +€280,000 | +9.1% |
| Profit (loss) carried forward | 14 | €871 | €974 | +€103 | +11.8% |
| Amounts payable | 17/49 | €6,669,845 | €7,137,100 | +€467,255 | +7.0% |
| Amounts payable after more than one year | 17 | €2,902,740 | €3,403,830 | +€501,091 | +17.3% |
| Financial debts | 170/4 | €2,902,740 | €3,403,830 | +€501,091 | +17.3% |
| Credit institutions | 173 | €2,902,740 | €2,603,830 | -€298,909 | -10.3% |
| Other loans | 174 | - | €800,000 | +€800,000 | |
| Amounts payable within one year | 42/48 | €3,746,684 | €3,679,676 | -€67,008 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €289,426 | €298,909 | +€9,483 | +3.3% |
| Trade debts | 44 | €2,822,945 | €2,710,057 | -€112,889 | -4.0% |
| Suppliers | 440/4 | €2,822,945 | €2,710,057 | -€112,889 | -4.0% |
| Taxes, remuneration and social security | 45 | €634,313 | €670,710 | +€36,397 | +5.7% |
| Taxes | 450/3 | €38,001 | €38,494 | +€493 | +1.3% |
| Remuneration and social security | 454/9 | €596,312 | €632,216 | +€35,904 | +6.0% |
| Accrued charges and deferred income | 492/3 | €20,422 | €53,593 | +€33,172 | +162.4% |
| Operating income | 70/76A | €37,893,635 | €40,320,207 | +€2.4m | +6.4% |
| Turnover | 70 | €37,371,169 | €39,792,480 | +€2.4m | +6.5% |
| Other operating income | 74 | €515,259 | €527,727 | +€12,468 | +2.4% |
| Non-recurring operating income | 76A | €7,206 | €0 | -€7,206 | -100.0% |
| Operating charges | 60/66A | €37,610,291 | €39,889,197 | +€2.3m | +6.1% |
| Goods for resale, raw materials and consumables | 60 | €26,333,306 | €27,898,774 | +€1.6m | +5.9% |
| Purchases | 600/8 | €25,951,877 | €27,825,481 | +€1.9m | +7.2% |
| Change in stocks: decrease (increase) | 609 | €381,429 | €73,293 | -€308,136 | -80.8% |
| Services and other goods | 61 | €4,410,712 | €4,709,449 | +€298,737 | +6.8% |
| Remuneration, social security and pensions | 62 | €6,125,174 | €6,338,627 | +€213,453 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €734,139 | €932,131 | +€197,992 | +27.0% |
| Other operating charges | 640/8 | €6,959 | €10,215 | +€3,256 | +46.8% |
| Operating profit (loss) | 9901 | €283,344 | €431,010 | +€147,666 | +52.1% |
| Financial income | 75/76B | €84,600 | €91,447 | +€6,847 | +8.1% |
| Recurring financial income | 75 | €84,600 | €91,447 | +€6,847 | +8.1% |
| Other financial income | 752/9 | €84,600 | €91,447 | +€6,847 | +8.1% |
| Financial charges | 65/66B | €138,274 | €115,393 | -€22,881 | -16.5% |
| Recurring financial charges | 65 | €138,274 | €115,393 | -€22,881 | -16.5% |
| Debt charges | 650 | €123,018 | €114,394 | -€8,624 | -7.0% |
| Other financial charges | 652/9 | €15,256 | €1,000 | -€14,256 | -93.4% |
| Profit (loss) for the period before taxes | 9903 | €229,670 | €407,064 | +€177,394 | +77.2% |
| Income taxes | 67/77 | €87,577 | €138,080 | +€50,503 | +57.7% |
| Taxes | 670/3 | €87,577 | €138,080 | +€50,503 | +57.7% |
| Profit (loss) for the period | 9904 | €142,093 | €268,984 | +€126,891 | +89.3% |
| Transfer from tax-exempt reserves | 789 | - | €11,119 | +€11,119 | |
| Profit (loss) for the period to be appropriated | 9905 | €142,093 | €280,103 | +€138,010 | +97.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.