HAUBO: 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.
HAUBO
Largest movements
- Cash +€43,842
up €43,842 (+461%), from €9,501 to €53,343
mainly Net result for the year (+€27,081) and Trade debts (+€20,934)
- Receivables within one year +€12,628
up €12,628 (+193%), from €6,526 to €19,154
of which Other amounts receivable: +€12,626
- Stocks and contracts -€2,900
down €2,900 (-43.3%), from €6,700 to €3,800
- Financial fixed assets -€1,000
down €1,000 (-40.0%), from €2,500 to €1,500
- Profit (loss) carried forward +€27,081
up €27,081 (+35.4%), from -€76,406 to -€49,326
- Trade debts +€20,934
up €20,934 (+422%), from €4,961 to €25,894
- Tax, wage and social debts +€3,422
up €3,422 (+86.9%), from €3,937 to €7,359
of which Taxes: +€3,709
- Gross operating margin +€39,060
up €39,060 (+99.3%), from €39,333 to €78,394
- Staff costs +€6,631
up €6,631 (+20.5%), from €32,271 to €38,901
- Taxes +€3,198
up €3,198 (+970%), from €330 to €3,527
- Financial charges +€1,002
up €1,002 (+20.1%), from €4,992 to €5,994
- Other operating charges +€883
up €883 (+47.5%), from €1,858 to €2,741
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 | €27,610 | €78,978 | +€51,368 | +186% |
| Fixed assets | 21/28 | €3,830 | €2,096 | -€1,735 | -45.3% |
| Tangible fixed assets | 22/27 | €1,330 | €596 | -€735 | -55.2% |
| Plant, machinery and equipment | 23 | €82 | - | -€82 | |
| Furniture and vehicles | 24 | €1,249 | €596 | -€653 | -52.3% |
| Financial fixed assets | 28 | €2,500 | €1,500 | -€1,000 | -40.0% |
| Current assets | 29/58 | €23,780 | €76,882 | +€53,103 | +223% |
| Stocks and contracts in progress | 3 | €6,700 | €3,800 | -€2,900 | -43.3% |
| Contracts in progress | 37 | €6,700 | €3,800 | -€2,900 | -43.3% |
| Amounts receivable within one year | 40/41 | €6,526 | €19,154 | +€12,628 | +193% |
| Trade receivables | 40 | - | €1 | +€1 | |
| Other amounts receivable | 41 | €6,526 | €19,153 | +€12,626 | +193% |
| Cash at bank and in hand | 54/58 | €9,501 | €53,343 | +€43,842 | +461% |
| Deferred charges and accrued income | 490/1 | €1,052 | €585 | -€467 | -44.4% |
| Total equity and liabilities | 10/49 | €27,610 | €78,978 | +€51,368 | +186% |
| Equity | 10/15 | -€26,784 | €297 | +€27,081 | |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €31,072 | €31,072 | = | 0.0% |
| Tax-exempt reserves | 132 | €31,072 | €31,072 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,406 | -€49,326 | +€27,081 | +35.4% |
| Amounts payable | 17/49 | €54,394 | €78,681 | +€24,287 | +44.7% |
| Amounts payable within one year | 42/48 | €53,025 | €77,383 | +€24,358 | +45.9% |
| Financial debts | 43 | €44,128 | €44,130 | +€3 | 0.0% |
| Credit institutions | 430/8 | €44,128 | €44,130 | +€3 | 0.0% |
| Trade debts | 44 | €4,961 | €25,894 | +€20,934 | +422% |
| Suppliers | 440/4 | €4,961 | €25,894 | +€20,934 | +422% |
| Taxes, remuneration and social security | 45 | €3,937 | €7,359 | +€3,422 | +86.9% |
| Taxes | 450/3 | €3,650 | €7,359 | +€3,709 | +102% |
| Remuneration and social security | 454/9 | €287 | - | -€287 | |
| Accrued charges and deferred income | 492/3 | €1,369 | €1,298 | -€71 | -5.2% |
| Remuneration, social security and pensions | 62 | €32,271 | €38,901 | +€6,631 | +20.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €901 | €735 | -€166 | -18.5% |
| Other operating charges | 640/8 | €1,858 | €2,741 | +€883 | +47.5% |
| Gross operating margin | 9900 | €39,333 | €78,394 | +€39,060 | +99.3% |
| Operating profit (loss) | 9901 | €4,304 | €36,017 | +€31,713 | +737% |
| Financial income | 75/76B | €1,236 | €585 | -€650 | -52.6% |
| Recurring financial income | 75 | €1,236 | €585 | -€650 | -52.6% |
| Financial charges | 65/66B | €4,992 | €5,994 | +€1,002 | +20.1% |
| Recurring financial charges | 65 | €4,992 | €5,994 | +€1,002 | +20.1% |
| Profit (loss) for the period before taxes | 9903 | €547 | €30,608 | +€30,061 | +5,491% |
| Income taxes | 67/77 | €330 | €3,527 | +€3,198 | +970% |
| Profit (loss) for the period | 9904 | €218 | €27,081 | +€26,863 | +12,332% |
| Profit (loss) for the period to be appropriated | 9905 | €218 | €27,081 | +€26,863 | +12,332% |
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 16 October 2026 via checked.be.