HAUTEM: what changed
Two fiscal 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.
HAUTEM
Largest movements
- Tangible fixed assets -€25,478
down €25,478 (-7.0%), from €365,410 to €339,932
of which Land and buildings: -€16,173
- Cash +€20,200
up €20,200 (+251.8%), from €8,024 to €28,224
mainly Net result for the year (+€66,000) and Tax, wage and social debts (+€33,477)
- Receivables within one year +€12,427
up €12,427 (+107.4%), from €11,570 to €23,997
of which Trade receivables: +€11,132
- Reserves +€63,000
up €63,000 (+3388.6%), from €1,859 to €64,859
of which Distributable reserves: +€63,000
- Other debts -€60,675
no longer reported in 2025 (was €60,675)
- Debts after one year -€38,065
down €38,065 (-21.4%), from €178,009 to €139,945
- Tax, wage and social debts +€33,477
up €33,477 (+364.3%), from €9,189 to €42,665
- Trade debts +€4,953
up €4,953 (+1329.3%), from €373 to €5,326
- Gross operating margin +€77,917
up €77,917 (+120.6%), from €64,586 to €142,503
- Taxes +€28,198
up €28,198 (+307.0%), from €9,185 to €37,384
- Depreciation +€7,429
up €7,429 (+41.2%), from €18,048 to €25,478
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 | €387,962 | €394,878 | +€6,916 | +1.8% |
| Fixed assets | 21/28 | €365,410 | €339,932 | -€25,478 | -7.0% |
| Tangible fixed assets | 22/27 | €365,410 | €339,932 | -€25,478 | -7.0% |
| Land and buildings | 22 | €348,152 | €331,979 | -€16,173 | -4.6% |
| Furniture and vehicles | 24 | €17,258 | €7,953 | -€9,305 | -53.9% |
| Current assets | 29/58 | €22,552 | €54,946 | +€32,394 | +143.6% |
| Amounts receivable within one year | 40/41 | €11,570 | €23,997 | +€12,427 | +107.4% |
| Trade receivables | 40 | €11,132 | €22,264 | +€11,132 | +100.0% |
| Other amounts receivable | 41 | €438 | €1,733 | +€1,295 | +295.6% |
| Cash at bank and in hand | 54/58 | €8,024 | €28,224 | +€20,200 | +251.8% |
| Deferred charges and accrued income | 490/1 | €2,959 | €2,726 | -€233 | -7.9% |
| Total equity and liabilities | 10/49 | €387,962 | €394,878 | +€6,916 | +1.8% |
| Equity | 10/15 | €102,828 | €168,829 | +€66,000 | +64.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €64,859 | +€63,000 | +3388.6% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | - | €63,000 | +€63,000 | |
| Profit (loss) carried forward | 14 | €82,377 | €85,378 | +€3,000 | +3.6% |
| Amounts payable | 17/49 | €285,134 | €226,049 | -€59,084 | -20.7% |
| Amounts payable after more than one year | 17 | €178,009 | €139,945 | -€38,065 | -21.4% |
| Financial debts | 170/4 | €178,009 | €139,945 | -€38,065 | -21.4% |
| Amounts payable within one year | 42/48 | €107,075 | €86,056 | -€21,019 | -19.6% |
| Current portion of amounts payable after more than one year | 42 | €36,839 | €38,065 | +€1,225 | +3.3% |
| Trade debts | 44 | €373 | €5,326 | +€4,953 | +1329.3% |
| Suppliers | 440/4 | €373 | €5,326 | +€4,953 | +1329.3% |
| Taxes, remuneration and social security | 45 | €9,189 | €42,665 | +€33,477 | +364.3% |
| Taxes | 450/3 | €9,189 | €42,665 | +€33,477 | +364.3% |
| Other amounts payable | 47/48 | €60,675 | - | -€60,675 | |
| Accrued charges and deferred income | 492/3 | €49 | €49 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,048 | €25,478 | +€7,429 | +41.2% |
| Other operating charges | 640/8 | €5,506 | €5,253 | -€253 | -4.6% |
| Gross operating margin | 9900 | €64,586 | €142,503 | +€77,917 | +120.6% |
| Operating profit (loss) | 9901 | €41,032 | €111,772 | +€70,741 | +172.4% |
| Financial charges | 65/66B | €8,319 | €8,388 | +€69 | +0.8% |
| Recurring financial charges | 65 | €8,319 | €8,388 | +€69 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €32,712 | €103,384 | +€70,672 | +216.0% |
| Income taxes | 67/77 | €9,185 | €37,384 | +€28,198 | +307.0% |
| Profit (loss) for the period | 9904 | €23,527 | €66,000 | +€42,474 | +180.5% |
| Profit (loss) for the period to be appropriated | 9905 | €23,527 | €66,000 | +€42,474 | +180.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.