HALY: 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.
HALY
Largest movements
- Cash -€7,666
down €7,666 (-13.6%), from €56,338 to €48,671
mainly Net result for the year (-€8,384) and Deferred charges and accrued income (-€33)
- Profit (loss) carried forward -€8,384
down €8,384 (-16.8%), from -€49,971 to -€58,355
- Depreciation -€2,288
down €2,288 (-100.0%), from €2,288 to €0
- Taxes +€750
up €750 (+37.5%), from €1,999 to €2,748
- Other operating charges +€114
up €114 (+2.9%), from €3,969 to €4,083
- Gross operating margin -€73
down €73 (-4.4%), from -€1,659 to -€1,732
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 | €281,659 | €274,026 | -€7,633 | -2.7% |
| Fixed assets | 21/28 | €224,859 | €224,859 | = | 0.0% |
| Tangible fixed assets | 22/27 | €123,426 | €123,426 | = | 0.0% |
| Land and buildings | 22 | €123,426 | €123,426 | = | 0.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Financial fixed assets | 28 | €101,433 | €101,433 | = | 0.0% |
| Current assets | 29/58 | €56,800 | €49,167 | -€7,633 | -13.4% |
| Cash at bank and in hand | 54/58 | €56,338 | €48,671 | -€7,666 | -13.6% |
| Deferred charges and accrued income | 490/1 | €462 | €496 | +€33 | +7.2% |
| Total equity and liabilities | 10/49 | €281,659 | €274,026 | -€7,633 | -2.7% |
| Equity | 10/15 | €260,730 | €252,346 | -€8,384 | -3.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €292,151 | €292,151 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18,055 | €18,055 | = | 0.0% |
| Reserves not available under the articles | 1311 | €18,055 | €18,055 | = | 0.0% |
| Distributable reserves | 133 | €274,096 | €274,096 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,971 | -€58,355 | -€8,384 | -16.8% |
| Amounts payable | 17/49 | €20,929 | €21,679 | +€751 | +3.6% |
| Amounts payable within one year | 42/48 | €20,929 | €21,679 | +€751 | +3.6% |
| Taxes, remuneration and social security | 45 | €1,898 | €2,648 | +€751 | +39.6% |
| Taxes | 450/3 | €1,898 | €2,648 | +€751 | +39.6% |
| Other amounts payable | 47/48 | €19,031 | €19,031 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,288 | €0 | -€2,288 | -100.0% |
| Other operating charges | 640/8 | €3,969 | €4,083 | +€114 | +2.9% |
| Gross operating margin | 9900 | -€1,659 | -€1,732 | -€73 | -4.4% |
| Operating profit (loss) | 9901 | -€7,915 | -€5,815 | +€2,100 | +26.5% |
| Financial income | 75/76B | €337 | €333 | -€4 | -1.3% |
| Recurring financial income | 75 | €337 | €333 | -€4 | -1.3% |
| Financial charges | 65/66B | €153 | €153 | +€0 | +0.1% |
| Recurring financial charges | 65 | €153 | €153 | +€0 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,732 | -€5,636 | +€2,096 | +27.1% |
| Income taxes | 67/77 | €1,999 | €2,748 | +€750 | +37.5% |
| Profit (loss) for the period | 9904 | -€9,730 | -€8,384 | +€1,346 | +13.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,730 | -€8,384 | +€1,346 | +13.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.