HAUMOULINSEL: 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.
HAUMOULINSEL
Largest movements
- Cash -€22,393
down €22,393 (-82.5%), from €27,129 to €4,736
mainly Net result for the year (-€40,440) and Investment in fixed assets (net) (-€17,967)
- Receivables within one year -€6,873
no longer reported in 2025 (was €6,873)
- Tangible fixed assets -€6,529
down €6,529 (-3.4%), from €191,280 to €184,751
of which Land and buildings: -€18,382
- Deferred charges and accrued income -€3,437
down €3,437 (-73.3%), from €4,689 to €1,252
- Profit (loss) carried forward -€40,440
down €40,440 (-619%), from -€6,532 to -€46,972
- Debts after one year -€15,256
down €15,256 (-11.6%), from €131,725 to €116,469
- Other debts +€15,135
up €15,135 (+97.0%), from €15,597 to €30,731
- Current portion of long-term debt -€2,678
down €2,678 (-14.9%), from €17,943 to €15,264
- Tax, wage and social debts +€2,628
new in 2025: €2,628
of which Remuneration and social security: +€2,500
- Gross operating margin -€21,710
down €21,710 (-42.3%), from €51,289 to €29,579
- Financial charges -€15,967
down €15,967 (-26.8%), from €59,525 to €43,558
- Depreciation +€1,342
up €1,342 (+5.8%), from €23,154 to €24,496
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 | €230,430 | €191,199 | -€39,231 | -17.0% |
| Fixed assets | 21/28 | €191,740 | €185,211 | -€6,529 | -3.4% |
| Tangible fixed assets | 22/27 | €191,280 | €184,751 | -€6,529 | -3.4% |
| Land and buildings | 22 | €173,393 | €155,011 | -€18,382 | -10.6% |
| Plant, machinery and equipment | 23 | €597 | €478 | -€119 | -20.0% |
| Furniture and vehicles | 24 | €880 | €14,569 | +€13,689 | +1,556% |
| Other tangible fixed assets | 26 | €16,410 | €14,694 | -€1,716 | -10.5% |
| Financial fixed assets | 28 | €460 | €460 | = | 0.0% |
| Current assets | 29/58 | €38,691 | €5,988 | -€32,703 | -84.5% |
| Amounts receivable within one year | 40/41 | €6,873 | - | -€6,873 | |
| Other amounts receivable | 41 | €6,873 | - | -€6,873 | |
| Cash at bank and in hand | 54/58 | €27,129 | €4,736 | -€22,393 | -82.5% |
| Deferred charges and accrued income | 490/1 | €4,689 | €1,252 | -€3,437 | -73.3% |
| Total equity and liabilities | 10/49 | €230,430 | €191,199 | -€39,231 | -17.0% |
| Equity | 10/15 | €62,200 | €21,761 | -€40,440 | -65.0% |
| Contributions | 10/11 | €6,233 | €6,233 | = | 0.0% |
| Reserves | 13 | €62,499 | €62,499 | = | 0.0% |
| Distributable reserves | 133 | €62,499 | €62,499 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,532 | -€46,972 | -€40,440 | -619% |
| Amounts payable | 17/49 | €168,230 | €169,439 | +€1,209 | +0.7% |
| Amounts payable after more than one year | 17 | €131,725 | €116,469 | -€15,256 | -11.6% |
| Financial debts | 170/4 | €131,725 | €116,469 | -€15,256 | -11.6% |
| Amounts payable within one year | 42/48 | €36,505 | €52,970 | +€16,465 | +45.1% |
| Current portion of amounts payable after more than one year | 42 | €17,943 | €15,264 | -€2,678 | -14.9% |
| Trade debts | 44 | €2,966 | €4,346 | +€1,381 | +46.5% |
| Suppliers | 440/4 | €2,966 | €4,346 | +€1,381 | +46.5% |
| Taxes, remuneration and social security | 45 | - | €2,628 | +€2,628 | |
| Taxes | 450/3 | - | €128 | +€128 | |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €15,597 | €30,731 | +€15,135 | +97.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,154 | €24,496 | +€1,342 | +5.8% |
| Other operating charges | 640/8 | €1,699 | €1,763 | +€64 | +3.8% |
| Non-recurring operating charges | 66A | - | €183 | +€183 | |
| Gross operating margin | 9900 | €51,289 | €29,579 | -€21,710 | -42.3% |
| Operating profit (loss) | 9901 | €26,437 | €3,138 | -€23,298 | -88.1% |
| Financial income | 75/76B | €266 | €139 | -€127 | -47.8% |
| Recurring financial income | 75 | €266 | €139 | -€127 | -47.8% |
| Financial charges | 65/66B | €59,525 | €43,558 | -€15,967 | -26.8% |
| Recurring financial charges | 65 | €59,525 | €43,558 | -€15,967 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | -€32,823 | -€40,281 | -€7,458 | -22.7% |
| Income taxes | 67/77 | €142 | €159 | +€17 | +11.7% |
| Profit (loss) for the period | 9904 | -€32,965 | -€40,440 | -€7,475 | -22.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,965 | -€40,440 | -€7,475 | -22.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.