HAVAN: 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.
HAVAN
Largest movements
- Tangible fixed assets +€388,681
up €388,681 (+127.8%), from €304,037 to €692,718
- Cash -€59,541
down €59,541 (-25.2%), from €236,260 to €176,719
mainly Investment in fixed assets (net) (-€389,231) and Net result for the year (-€52,013)
- Debts after one year +€337,153
new in 2024: €337,153
- Profit (loss) carried forward -€52,013
down €52,013 (-42.0%), from -€123,703 to -€175,716
- Other debts +€18,642
up €18,642 (+4.1%), from €453,677 to €472,319
- Current portion of long-term debt +€12,847
new in 2024: €12,847
- Accrued charges and deferred income +€10,187
up €10,187 (+46.9%), from €21,706 to €31,893
- Gross operating margin -€53,178
down €53,178, from €41,220 to -€11,958
- Financial charges +€14,227
up €14,227 (+58.9%), from €24,157 to €38,384
- Other operating charges -€1,377
no longer reported in 2024 (was €1,377)
- Taxes +€1,121
new in 2024: €1,121
- Depreciation +€550
new in 2024: €550
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €540,297 | €869,437 | +€329,140 | +60.9% |
| Fixed assets | 21/28 | €304,037 | €692,718 | +€388,681 | +127.8% |
| Tangible fixed assets | 22/27 | €304,037 | €692,718 | +€388,681 | +127.8% |
| Land and buildings | 22 | €304,037 | €692,718 | +€388,681 | +127.8% |
| Current assets | 29/58 | €236,260 | €176,719 | -€59,541 | -25.2% |
| Cash at bank and in hand | 54/58 | €236,260 | €176,719 | -€59,541 | -25.2% |
| Total equity and liabilities | 10/49 | €540,297 | €869,437 | +€329,140 | +60.9% |
| Equity | 10/15 | €58,854 | €6,841 | -€52,013 | -88.4% |
| Contributions | 10/11 | €116,600 | €116,600 | = | 0.0% |
| Capital | 10 | €116,600 | €116,600 | = | 0.0% |
| Issued capital | 100 | €116,600 | €116,600 | = | 0.0% |
| Revaluation surpluses | 12 | €65,957 | €65,957 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€123,703 | -€175,716 | -€52,013 | -42.0% |
| Amounts payable | 17/49 | €481,443 | €862,596 | +€381,153 | +79.2% |
| Amounts payable after more than one year | 17 | - | €337,153 | +€337,153 | |
| Financial debts | 170/4 | - | €337,153 | +€337,153 | |
| Amounts payable within one year | 42/48 | €459,737 | €493,550 | +€33,813 | +7.4% |
| Current portion of amounts payable after more than one year | 42 | - | €12,847 | +€12,847 | |
| Trade debts | 44 | €1,614 | €1,956 | +€342 | +21.2% |
| Suppliers | 440/4 | €1,614 | €1,956 | +€342 | +21.2% |
| Taxes, remuneration and social security | 45 | €4,446 | €6,428 | +€1,982 | +44.6% |
| Taxes | 450/3 | €4,446 | €6,428 | +€1,982 | +44.6% |
| Other amounts payable | 47/48 | €453,677 | €472,319 | +€18,642 | +4.1% |
| Accrued charges and deferred income | 492/3 | €21,706 | €31,893 | +€10,187 | +46.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €550 | +€550 | |
| Other operating charges | 640/8 | €1,377 | - | -€1,377 | |
| Gross operating margin | 9900 | €41,220 | -€11,958 | -€53,178 | |
| Operating profit (loss) | 9901 | €39,843 | -€12,508 | -€52,351 | |
| Financial charges | 65/66B | €24,157 | €38,384 | +€14,227 | +58.9% |
| Recurring financial charges | 65 | €24,157 | €38,384 | +€14,227 | +58.9% |
| Profit (loss) for the period before taxes | 9903 | €15,686 | -€50,892 | -€66,578 | |
| Income taxes | 67/77 | - | €1,121 | +€1,121 | |
| Profit (loss) for the period | 9904 | €15,686 | -€52,013 | -€67,699 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,686 | -€52,013 | -€67,699 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.