HASPENBERRY: 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.
HASPENBERRY
Largest movements
- Cash +€45,441
up €45,441 (+141%), from €32,125 to €77,566
mainly Net result for the year (+€65,842) and Depreciation (+€18,249)
- Tangible fixed assets -€2,157
down €2,157 (-4.2%), from €51,976 to €49,819
of which Furniture and vehicles: -€7,532
- Receivables within one year -€1,640
down €1,640 (-23.7%), from €6,928 to €5,287
- Reserves +€35,000
up €35,000 (+104%), from €33,744 to €68,744
- Profit (loss) carried forward +€25,842
up €25,842 (+152%), from €17,026 to €42,867
- Debts after one year -€8,827
down €8,827 (-62.3%), from €14,164 to €5,337
- Tax, wage and social debts -€8,519
down €8,519 (-62.8%), from €13,568 to €5,049
- Trade debts -€2,252
down €2,252 (-71.7%), from €3,141 to €889
- Gross operating margin +€76,339
up €76,339 (+231%), from €33,081 to €109,420
- Taxes +€18,121
up €18,121 (+359%), from €5,049 to €23,170
- Depreciation +€9,259
up €9,259 (+103%), from €8,990 to €18,249
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.
Derived cash bridge
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 | €92,577 | €134,213 | +€41,636 | +45.0% |
| Fixed assets | 21/28 | €51,976 | €49,819 | -€2,157 | -4.2% |
| Tangible fixed assets | 22/27 | €51,976 | €49,819 | -€2,157 | -4.2% |
| Plant, machinery and equipment | 23 | €18,762 | €24,137 | +€5,375 | +28.6% |
| Furniture and vehicles | 24 | €33,213 | €25,682 | -€7,532 | -22.7% |
| Current assets | 29/58 | €40,601 | €84,394 | +€43,793 | +108% |
| Amounts receivable within one year | 40/41 | €6,928 | €5,287 | -€1,640 | -23.7% |
| Other amounts receivable | 41 | €6,928 | €5,287 | -€1,640 | -23.7% |
| Cash at bank and in hand | 54/58 | €32,125 | €77,566 | +€45,441 | +141% |
| Deferred charges and accrued income | 490/1 | €1,549 | €1,541 | -€7 | -0.5% |
| Total equity and liabilities | 10/49 | €92,577 | €134,213 | +€41,636 | +45.0% |
| Equity | 10/15 | €53,269 | €114,111 | +€60,842 | +114% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €33,744 | €68,744 | +€35,000 | +104% |
| Distributable reserves | 133 | €33,744 | €68,744 | +€35,000 | +104% |
| Profit (loss) carried forward | 14 | €17,026 | €42,867 | +€25,842 | +152% |
| Amounts payable | 17/49 | €39,308 | €20,102 | -€19,206 | -48.9% |
| Amounts payable after more than one year | 17 | €14,164 | €5,337 | -€8,827 | -62.3% |
| Financial debts | 170/4 | €14,164 | €5,337 | -€8,827 | -62.3% |
| Amounts payable within one year | 42/48 | €25,144 | €14,765 | -€10,379 | -41.3% |
| Current portion of amounts payable after more than one year | 42 | €8,436 | €8,827 | +€391 | +4.6% |
| Trade debts | 44 | €3,141 | €889 | -€2,252 | -71.7% |
| Suppliers | 440/4 | €3,141 | €889 | -€2,252 | -71.7% |
| Taxes, remuneration and social security | 45 | €13,568 | €5,049 | -€8,519 | -62.8% |
| Taxes | 450/3 | €13,568 | €5,049 | -€8,519 | -62.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,990 | €18,249 | +€9,259 | +103% |
| Other operating charges | 640/8 | €1,163 | €980 | -€183 | -15.7% |
| Gross operating margin | 9900 | €33,081 | €109,420 | +€76,339 | +231% |
| Operating profit (loss) | 9901 | €22,927 | €90,191 | +€67,264 | +293% |
| Financial income | 75/76B | €127 | €125 | -€2 | -1.6% |
| Recurring financial income | 75 | €127 | €125 | -€2 | -1.6% |
| Financial charges | 65/66B | €980 | €1,304 | +€325 | +33.1% |
| Recurring financial charges | 65 | €980 | €1,304 | +€325 | +33.1% |
| Profit (loss) for the period before taxes | 9903 | €22,075 | €89,012 | +€66,937 | +303% |
| Income taxes | 67/77 | €5,049 | €23,170 | +€18,121 | +359% |
| Profit (loss) for the period | 9904 | €17,026 | €65,842 | +€48,816 | +287% |
| Profit (loss) for the period to be appropriated | 9905 | €17,026 | €65,842 | +€48,816 | +287% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.