HAUTOT Pierre: 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.
HAUTOT Pierre
Largest movements
- Tangible fixed assets +€298,068
up €298,068 (+20.5%), from €1.5m to €1.8m
of which Land and buildings: +€319,164
- Cash +€209,517
up €209,517 (+552%), from €37,944 to €247,461
mainly Debts after one year (+€224,869) and Net result for the year (+€204,829)
- Stocks and contracts +€81,755
up €81,755 (+78.8%), from €103,781 to €185,536
- Debts after one year +€224,869
up €224,869 (+23.1%), from €975,054 to €1.2m
- Reserves +€204,829
up €204,829 (+11,012%), from €1,860 to €206,689
of which Distributable reserves: +€112,209
- Trade debts +€157,954
up €157,954 (+52.3%), from €302,124 to €460,078
- Tax, wage and social debts -€44,097
down €44,097 (-55.9%), from €78,889 to €34,792
of which Taxes: -€45,819
- Current portion of long-term debt +€40,521
up €40,521 (+36.9%), from €109,717 to €150,238
- Gross operating margin +€134,504
up €134,504 (+26.4%), from €510,130 to €644,634
- Staff costs +€45,301
up €45,301 (+63.1%), from €71,755 to €117,056
- Depreciation +€13,870
up €13,870 (+7.6%), from €181,793 to €195,663
- Financial charges -€8,310
down €8,310 (-17.2%), from €48,181 to €39,871
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 | €1,933,597 | €2,522,171 | +€588,574 | +30.4% |
| Fixed assets | 21/28 | €1,482,080 | €1,766,701 | +€284,621 | +19.2% |
| Intangible fixed assets | 21 | €27,164 | €13,582 | -€13,582 | -50.0% |
| Tangible fixed assets | 22/27 | €1,454,741 | €1,752,809 | +€298,068 | +20.5% |
| Land and buildings | 22 | €789,153 | €1,108,317 | +€319,164 | +40.4% |
| Plant, machinery and equipment | 23 | €305,827 | €142,486 | -€163,340 | -53.4% |
| Furniture and vehicles | 24 | €56,472 | €76,263 | +€19,791 | +35.0% |
| Leasing and similar rights | 25 | €303,289 | €425,743 | +€122,454 | +40.4% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €175 | €310 | +€135 | +77.1% |
| Current assets | 29/58 | €451,517 | €755,470 | +€303,953 | +67.3% |
| Stocks and contracts in progress | 3 | €103,781 | €185,536 | +€81,755 | +78.8% |
| Stocks | 30/36 | €103,781 | €185,536 | +€81,755 | +78.8% |
| Amounts receivable within one year | 40/41 | €286,281 | €291,108 | +€4,827 | +1.7% |
| Trade receivables | 40 | €274,502 | €253,568 | -€20,934 | -7.6% |
| Other amounts receivable | 41 | €11,779 | €37,540 | +€25,761 | +219% |
| Cash at bank and in hand | 54/58 | €37,944 | €247,461 | +€209,517 | +552% |
| Deferred charges and accrued income | 490/1 | €23,511 | €31,365 | +€7,854 | +33.4% |
| Total equity and liabilities | 10/49 | €1,933,597 | €2,522,171 | +€588,574 | +30.4% |
| Equity | 10/15 | €456,671 | €661,499 | +€204,829 | +44.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €206,689 | +€204,829 | +11,012% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €92,620 | +€92,620 | |
| Distributable reserves | 133 | - | €112,209 | +€112,209 | |
| Profit (loss) carried forward | 14 | €442,411 | €442,411 | = | 0.0% |
| Amounts payable | 17/49 | €1,476,926 | €1,860,672 | +€383,745 | +26.0% |
| Amounts payable after more than one year | 17 | €975,054 | €1,199,923 | +€224,869 | +23.1% |
| Financial debts | 170/4 | €975,054 | €1,199,923 | +€224,869 | +23.1% |
| Amounts payable within one year | 42/48 | €494,847 | €649,774 | +€154,927 | +31.3% |
| Current portion of amounts payable after more than one year | 42 | €109,717 | €150,238 | +€40,521 | +36.9% |
| Trade debts | 44 | €302,124 | €460,078 | +€157,954 | +52.3% |
| Suppliers | 440/4 | €302,124 | €460,078 | +€157,954 | +52.3% |
| Advances received on contracts in progress | 46 | €4,117 | €4,667 | +€550 | +13.4% |
| Taxes, remuneration and social security | 45 | €78,889 | €34,792 | -€44,097 | -55.9% |
| Taxes | 450/3 | €75,912 | €30,093 | -€45,819 | -60.4% |
| Remuneration and social security | 454/9 | €2,977 | €4,699 | +€1,722 | +57.8% |
| Accrued charges and deferred income | 492/3 | €7,026 | €10,975 | +€3,949 | +56.2% |
| Remuneration, social security and pensions | 62 | €71,755 | €117,056 | +€45,301 | +63.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €181,793 | €195,663 | +€13,870 | +7.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,003 | -€588 | -€3,591 | |
| Other operating charges | 640/8 | €23,325 | €26,140 | +€2,815 | +12.1% |
| Gross operating margin | 9900 | €510,130 | €644,634 | +€134,504 | +26.4% |
| Operating profit (loss) | 9901 | €230,253 | €306,363 | +€76,110 | +33.1% |
| Financial income | 75/76B | €1,370 | €748 | -€622 | -45.4% |
| Recurring financial income | 75 | €1,370 | €748 | -€622 | -45.4% |
| Financial charges | 65/66B | €48,181 | €39,871 | -€8,310 | -17.2% |
| Recurring financial charges | 65 | €48,181 | €39,871 | -€8,310 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | €183,442 | €267,240 | +€83,798 | +45.7% |
| Income taxes | 67/77 | €57,204 | €62,411 | +€5,207 | +9.1% |
| Profit (loss) for the period | 9904 | €126,238 | €204,829 | +€78,591 | +62.3% |
| Transfer to tax-exempt reserves | 689 | - | €92,620 | +€92,620 | |
| Profit (loss) for the period to be appropriated | 9905 | €126,238 | €112,209 | -€14,029 | -11.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.