HAUTELEC: 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.
HAUTELEC
Largest movements
- Receivables within one year -€18,696
down €18,696 (-8.3%), from €224,950 to €206,255
of which Trade receivables: -€13,507
- Tangible fixed assets -€18,609
down €18,609 (-38.0%), from €48,938 to €30,329
- Cash +€12,972
up €12,972 (+729.2%), from €1,779 to €14,751
mainly Receivables within one year (+€18,696) and Depreciation (+€18,609)
- Stocks and contracts -€10,000
down €10,000 (-20.0%), from €50,000 to €40,000
- Profit (loss) carried forward -€37,500
down €37,500 (-907.8%), from -€4,131 to -€41,631
- Other debts +€15,231
up €15,231 (+9.0%), from €168,588 to €183,819
- Tax, wage and social debts -€8,986
down €8,986 (-30.0%), from €29,949 to €20,963
of which Remuneration and social security: -€6,463
- Trade debts -€4,444
down €4,444 (-21.9%), from €20,311 to €15,866
- Gross operating margin +€13,510
up €13,510 (+48.8%), from €27,690 to €41,200
- Depreciation -€4,976
down €4,976 (-21.1%), from €23,585 to €18,609
- Staff costs +€3,528
up €3,528 (+6.4%), from €54,863 to €58,390
- Other operating charges -€3,085
down €3,085 (-93.3%), from €3,309 to €223
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.
Cash bridge derived
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 | €327,034 | €291,335 | -€35,699 | -10.9% |
| Fixed assets | 21/28 | €48,938 | €30,329 | -€18,609 | -38.0% |
| Tangible fixed assets | 22/27 | €48,938 | €30,329 | -€18,609 | -38.0% |
| Furniture and vehicles | 24 | €48,938 | €30,329 | -€18,609 | -38.0% |
| Current assets | 29/58 | €278,097 | €261,006 | -€17,091 | -6.1% |
| Stocks and contracts in progress | 3 | €50,000 | €40,000 | -€10,000 | -20.0% |
| Contracts in progress | 37 | €50,000 | €40,000 | -€10,000 | -20.0% |
| Amounts receivable within one year | 40/41 | €224,950 | €206,255 | -€18,696 | -8.3% |
| Trade receivables | 40 | €208,768 | €195,261 | -€13,507 | -6.5% |
| Other amounts receivable | 41 | €16,183 | €10,994 | -€5,189 | -32.1% |
| Cash at bank and in hand | 54/58 | €1,779 | €14,751 | +€12,972 | +729.2% |
| Deferred charges and accrued income | 490/1 | €1,367 | - | -€1,367 | |
| Total equity and liabilities | 10/49 | €327,034 | €291,335 | -€35,699 | -10.9% |
| Equity | 10/15 | €108,187 | €70,687 | -€37,500 | -34.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €50,318 | €50,318 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,000 | €6,000 | = | 0.0% |
| Legal reserve | 130 | €6,000 | €6,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,131 | €1,131 | = | 0.0% |
| Distributable reserves | 133 | €43,187 | €43,187 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,131 | -€41,631 | -€37,500 | -907.8% |
| Amounts payable | 17/49 | €218,847 | €220,648 | +€1,801 | +0.8% |
| Amounts payable within one year | 42/48 | €218,847 | €220,648 | +€1,801 | +0.8% |
| Trade debts | 44 | €20,311 | €15,866 | -€4,444 | -21.9% |
| Suppliers | 440/4 | €20,311 | €15,866 | -€4,444 | -21.9% |
| Taxes, remuneration and social security | 45 | €29,949 | €20,963 | -€8,986 | -30.0% |
| Taxes | 450/3 | €5,951 | €3,428 | -€2,523 | -42.4% |
| Remuneration and social security | 454/9 | €23,998 | €17,535 | -€6,463 | -26.9% |
| Other amounts payable | 47/48 | €168,588 | €183,819 | +€15,231 | +9.0% |
| Remuneration, social security and pensions | 62 | €54,863 | €58,390 | +€3,528 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,585 | €18,609 | -€4,976 | -21.1% |
| Other operating charges | 640/8 | €3,309 | €223 | -€3,085 | -93.3% |
| Gross operating margin | 9900 | €27,690 | €41,200 | +€13,510 | +48.8% |
| Operating profit (loss) | 9901 | -€54,065 | -€36,022 | +€18,043 | +33.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,226 | €1,290 | +€64 | +5.2% |
| Recurring financial charges | 65 | €1,226 | €1,290 | +€64 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | -€55,291 | -€37,312 | +€17,980 | +32.5% |
| Income taxes | 67/77 | €201 | €189 | -€12 | -6.0% |
| Profit (loss) for the period | 9904 | -€55,492 | -€37,500 | +€17,992 | +32.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€55,492 | -€37,500 | +€17,992 | +32.4% |
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 12 October 2026 via checked.be.