HAUBRECHTS: 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.
HAUBRECHTS
Largest movements
- Tangible fixed assets +€2,181
up €2,181 (+66.3%), from €3,289 to €5,470
of which Furniture and vehicles: +€3,063
- Cash -€820
down €820 (-15.8%), from €5,175 to €4,355
mainly Investment in fixed assets (net) (-€3,545) and Trade debts (-€1,017)
- Receivables within one year +€345
up €345 (+20.2%), from €1,709 to €2,055
- Reserves +€2,589
up €2,589 (+63.7%), from €4,066 to €6,656
- Trade debts -€1,017
no longer reported in 2025 (was €1,017)
- Other debts +€798
new in 2025: €798
- Profit (loss) carried forward -€664
down €664 (-25.6%), from €2,589 to €1,926
- Other operating charges +€714
new in 2025: €714
- Depreciation +€483
up €483 (+54.8%), from €881 to €1,364
- Taxes -€281
down €281 (-30.0%), from €937 to €656
- Gross operating margin +€257
up €257 (+5.8%), from €4,474 to €4,731
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 | €10,173 | €11,880 | +€1,707 | +16.8% |
| Fixed assets | 21/28 | €3,289 | €5,470 | +€2,181 | +66.3% |
| Tangible fixed assets | 22/27 | €3,289 | €5,470 | +€2,181 | +66.3% |
| Plant, machinery and equipment | 23 | €1,912 | €1,030 | -€881 | -46.1% |
| Furniture and vehicles | 24 | €1,377 | €4,439 | +€3,063 | +222% |
| Current assets | 29/58 | €6,884 | €6,410 | -€475 | -6.9% |
| Amounts receivable within one year | 40/41 | €1,709 | €2,055 | +€345 | +20.2% |
| Other amounts receivable | 41 | €1,709 | €2,055 | +€345 | +20.2% |
| Cash at bank and in hand | 54/58 | €5,175 | €4,355 | -€820 | -15.8% |
| Total equity and liabilities | 10/49 | €10,173 | €11,880 | +€1,707 | +16.8% |
| Equity | 10/15 | €9,156 | €11,082 | +€1,926 | +21.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €4,066 | €6,656 | +€2,589 | +63.7% |
| Distributable reserves | 133 | €4,066 | €6,656 | +€2,589 | +63.7% |
| Profit (loss) carried forward | 14 | €2,589 | €1,926 | -€664 | -25.6% |
| Amounts payable | 17/49 | €1,017 | €798 | -€219 | -21.5% |
| Amounts payable within one year | 42/48 | €1,017 | €798 | -€219 | -21.5% |
| Trade debts | 44 | €1,017 | - | -€1,017 | |
| Suppliers | 440/4 | €1,017 | - | -€1,017 | |
| Other amounts payable | 47/48 | - | €798 | +€798 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €881 | €1,364 | +€483 | +54.8% |
| Other operating charges | 640/8 | - | €714 | +€714 | |
| Gross operating margin | 9900 | €4,474 | €4,731 | +€257 | +5.8% |
| Operating profit (loss) | 9901 | €3,593 | €2,654 | -€940 | -26.1% |
| Financial charges | 65/66B | €67 | €72 | +€5 | +8.0% |
| Recurring financial charges | 65 | €67 | €72 | +€5 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | €3,526 | €2,582 | -€945 | -26.8% |
| Income taxes | 67/77 | €937 | €656 | -€281 | -30.0% |
| Profit (loss) for the period | 9904 | €2,589 | €1,926 | -€664 | -25.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,589 | €1,926 | -€664 | -25.6% |
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 23 October 2026 via checked.be.