HAUDIEX: 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.
HAUDIEX
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Reserves +€218,000
up €218,000 (+21.2%), from €1.0m to €1.2m
- Debts after one year -€178,398
down €178,398 (-20.6%), from €864,319 to €685,921
of which Financial debts: -€324,158
- Tax, wage and social debts -€50,930
down €50,930 (-37.8%), from €134,719 to €83,789
- Financial income +€47,878
up €47,878 (+37.4%), from €128,159 to €176,037
- Taxes +€10,106
up €10,106 (+29.3%), from €34,479 to €44,585
- Financial charges -€4,343
down €4,343 (-15.2%), from €28,527 to €24,184
- Gross operating margin +€2,065
up €2,065 (+1.8%), from €111,903 to €113,968
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 | €2,294,799 | €2,300,917 | +€6,118 | +0.3% |
| Fixed assets | 21/28 | €2,291,088 | €2,291,088 | = | 0.0% |
| Financial fixed assets | 28 | €2,291,088 | €2,291,088 | = | 0.0% |
| Current assets | 29/58 | €3,711 | €9,829 | +€6,118 | +165% |
| Cash at bank and in hand | 54/58 | €2,418 | €8,513 | +€6,095 | +252% |
| Deferred charges and accrued income | 490/1 | €1,293 | €1,316 | +€23 | +1.8% |
| Total equity and liabilities | 10/49 | €2,294,799 | €2,300,917 | +€6,118 | +0.3% |
| Equity | 10/15 | €1,093,933 | €1,315,169 | +€221,236 | +20.2% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Contributions outside capital | 11 | €62,500 | €62,500 | = | 0.0% |
| Other | 1109/19 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €1,030,000 | €1,248,000 | +€218,000 | +21.2% |
| Distributable reserves | 133 | €1,030,000 | €1,248,000 | +€218,000 | +21.2% |
| Profit (loss) carried forward | 14 | €1,433 | €4,669 | +€3,236 | +226% |
| Amounts payable | 17/49 | €1,200,866 | €985,748 | -€215,118 | -17.9% |
| Amounts payable after more than one year | 17 | €864,319 | €685,921 | -€178,398 | -20.6% |
| Financial debts | 170/4 | €573,664 | €249,506 | -€324,158 | -56.5% |
| Other amounts payable | 178/9 | €290,655 | €436,415 | +€145,760 | +50.1% |
| Amounts payable within one year | 42/48 | €319,184 | €285,036 | -€34,148 | -10.7% |
| Current portion of amounts payable after more than one year | 42 | €94,748 | €96,553 | +€1,805 | +1.9% |
| Trade debts | 44 | €3,062 | €1,872 | -€1,191 | -38.9% |
| Suppliers | 440/4 | €3,062 | €1,872 | -€1,191 | -38.9% |
| Taxes, remuneration and social security | 45 | €134,719 | €83,789 | -€50,930 | -37.8% |
| Taxes | 450/3 | €134,719 | €83,789 | -€50,930 | -37.8% |
| Other amounts payable | 47/48 | €86,655 | €102,823 | +€16,168 | +18.7% |
| Accrued charges and deferred income | 492/3 | €17,363 | €14,791 | -€2,572 | -14.8% |
| Gross operating margin | 9900 | €111,903 | €113,968 | +€2,065 | +1.8% |
| Operating profit (loss) | 9901 | €111,903 | €113,968 | +€2,065 | +1.8% |
| Financial income | 75/76B | €128,159 | €176,037 | +€47,878 | +37.4% |
| Recurring financial income | 75 | €128,159 | €176,037 | +€47,878 | +37.4% |
| Financial charges | 65/66B | €28,527 | €24,184 | -€4,343 | -15.2% |
| Recurring financial charges | 65 | €28,527 | €24,184 | -€4,343 | -15.2% |
| Profit (loss) for the period before taxes | 9903 | €211,535 | €265,821 | +€54,286 | +25.7% |
| Income taxes | 67/77 | €34,479 | €44,585 | +€10,106 | +29.3% |
| Profit (loss) for the period | 9904 | €177,055 | €221,236 | +€44,180 | +25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €177,055 | €221,236 | +€44,180 | +25.0% |
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.