HAQUENNE Pascal: 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.
HAQUENNE Pascal
Largest movements
- Receivables within one year -€3,031
no longer reported in 2025 (was €3,031)
of which Other amounts receivable: -€3,031
- Cash -€44
down €44 (-96.3%), from €45 to €2
mainly Net result for the year (-€4,463) and Short-term financial debts (-€2,620)
- Profit (loss) carried forward -€4,463
down €4,463 (-41.3%), from -€10,800 to -€15,264
- Provisions +€3,714
new in 2025: €3,714
- Short-term financial debts -€2,620
no longer reported in 2025 (was €2,620)
- Other debts +€630
up €630 (+22.0%), from €2,862 to €3,492
- Trade debts -€334
no longer reported in 2025 (was €334)
- Financial charges -€717
down €717 (-48.9%), from €1,466 to €750
- Staff costs -€668
down €668 (-100.0%), from €668 to €0
- Gross operating margin -€562
down €562 (-17.8%), from -€3,152 to -€3,714
- Taxes +€62
no longer reported in 2025 (was -€62)
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 | €3,076 | €2 | -€3,075 | -99.9% |
| Fixed assets | 21/28 | - | €0 | = | |
| Financial fixed assets | 28 | - | €0 | = | |
| Current assets | 29/58 | €3,076 | €2 | -€3,075 | -99.9% |
| Amounts receivable within one year | 40/41 | €3,031 | - | -€3,031 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €3,031 | - | -€3,031 | |
| Cash at bank and in hand | 54/58 | €45 | €2 | -€44 | -96.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €3,076 | €2 | -€3,075 | -99.9% |
| Equity | 10/15 | -€2,740 | -€7,204 | -€4,463 | -162.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,800 | -€15,264 | -€4,463 | -41.3% |
| Provisions and deferred taxes | 16 | - | €3,714 | +€3,714 | |
| Provisions for liabilities and charges | 160/5 | - | €3,714 | +€3,714 | |
| Other liabilities and charges | 164/5 | - | €3,714 | +€3,714 | |
| Amounts payable | 17/49 | €5,817 | €3,492 | -€2,325 | -40.0% |
| Amounts payable within one year | 42/48 | €5,817 | €3,492 | -€2,325 | -40.0% |
| Financial debts | 43 | €2,620 | - | -€2,620 | |
| Credit institutions | 430/8 | €2,620 | - | -€2,620 | |
| Trade debts | 44 | €334 | - | -€334 | |
| Suppliers | 440/4 | €334 | - | -€334 | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,862 | €3,492 | +€630 | +22.0% |
| Remuneration, social security and pensions | 62 | €668 | €0 | -€668 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €0 | = | |
| Other operating charges | 640/8 | €0 | €0 | = | |
| Gross operating margin | 9900 | -€3,152 | -€3,714 | -€562 | -17.8% |
| Operating profit (loss) | 9901 | -€3,819 | -€3,714 | +€106 | +2.8% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €1,466 | €750 | -€717 | -48.9% |
| Recurring financial charges | 65 | €1,466 | €750 | -€717 | -48.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,285 | -€4,463 | +€822 | +15.5% |
| Income taxes | 67/77 | -€62 | - | +€62 | |
| Profit (loss) for the period | 9904 | -€5,224 | -€4,463 | +€760 | +14.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,224 | -€4,463 | +€760 | +14.6% |
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 28 September 2026 via checked.be.