HAVANI - CONSTRUCT: 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.
HAVANI - CONSTRUCT
Largest movements
- Receivables within one year +€14,309
up €14,309 (+78.3%), from €18,270 to €32,579
of which Trade receivables: +€14,015
- Cash -€1,410
down €1,410 (-25.6%), from €5,515 to €4,105
mainly Receivables within one year (-€14,309) and Other debts (-€2,404)
- Stocks and contracts -€1,250
down €1,250 (-29.6%), from €4,225 to €2,975
- Deferred charges and accrued income +€797
up €797 (+172.4%), from €463 to €1,260
- Tangible fixed assets -€796
down €796 (-29.0%), from €2,742 to €1,946
of which Plant, machinery and equipment: -€526
- Profit (loss) carried forward +€14,000
up €14,000 (+72.0%), from -€19,439 to -€5,439
- Other debts -€2,404
down €2,404 (-9.5%), from €25,318 to €22,914
- Trade debts +€2,024
up €2,024 (+2194.3%), from €92 to €2,116
- Tax, wage and social debts -€1,971
down €1,971 (-16.3%), from €12,113 to €10,142
of which Remuneration and social security: -€1,558
- Gross operating margin +€4,791
up €4,791 (+39.6%), from €12,088 to €16,879
- Taxes +€1,234
new in 2024: €1,234
- Other operating charges +€393
up €393 (+171.3%), from €229 to €622
- Staff costs -€377
down €377 (-98.0%), from €384 to €8
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 | €32,640 | €44,290 | +€11,649 | +35.7% |
| Fixed assets | 21/28 | €4,167 | €3,371 | -€796 | -19.1% |
| Tangible fixed assets | 22/27 | €2,742 | €1,946 | -€796 | -29.0% |
| Plant, machinery and equipment | 23 | €1,827 | €1,301 | -€526 | -28.8% |
| Furniture and vehicles | 24 | €915 | €645 | -€270 | -29.5% |
| Financial fixed assets | 28 | €1,425 | €1,425 | = | 0.0% |
| Current assets | 29/58 | €28,473 | €40,919 | +€12,446 | +43.7% |
| Stocks and contracts in progress | 3 | €4,225 | €2,975 | -€1,250 | -29.6% |
| Stocks | 30/36 | €4,225 | €2,975 | -€1,250 | -29.6% |
| Amounts receivable within one year | 40/41 | €18,270 | €32,579 | +€14,309 | +78.3% |
| Trade receivables | 40 | €15,384 | €29,399 | +€14,015 | +91.1% |
| Other amounts receivable | 41 | €2,886 | €3,180 | +€294 | +10.2% |
| Cash at bank and in hand | 54/58 | €5,515 | €4,105 | -€1,410 | -25.6% |
| Deferred charges and accrued income | 490/1 | €463 | €1,260 | +€797 | +172.4% |
| Total equity and liabilities | 10/49 | €32,640 | €44,290 | +€11,649 | +35.7% |
| Equity | 10/15 | -€4,883 | €9,118 | +€14,000 | |
| Contributions | 10/11 | €12,697 | €12,697 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,439 | -€5,439 | +€14,000 | +72.0% |
| Amounts payable | 17/49 | €37,523 | €35,172 | -€2,351 | -6.3% |
| Amounts payable within one year | 42/48 | €37,523 | €35,172 | -€2,351 | -6.3% |
| Trade debts | 44 | €92 | €2,116 | +€2,024 | +2194.3% |
| Suppliers | 440/4 | €92 | €2,116 | +€2,024 | +2194.3% |
| Taxes, remuneration and social security | 45 | €12,113 | €10,142 | -€1,971 | -16.3% |
| Taxes | 450/3 | €413 | - | -€413 | |
| Remuneration and social security | 454/9 | €11,700 | €10,142 | -€1,558 | -13.3% |
| Other amounts payable | 47/48 | €25,318 | €22,914 | -€2,404 | -9.5% |
| Remuneration, social security and pensions | 62 | €384 | €8 | -€377 | -98.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €720 | €796 | +€76 | +10.6% |
| Other operating charges | 640/8 | €229 | €622 | +€393 | +171.3% |
| Gross operating margin | 9900 | €12,088 | €16,879 | +€4,791 | +39.6% |
| Operating profit (loss) | 9901 | €10,754 | €15,452 | +€4,698 | +43.7% |
| Financial charges | 65/66B | €87 | €218 | +€132 | +152.0% |
| Recurring financial charges | 65 | €87 | €218 | +€132 | +152.0% |
| Profit (loss) for the period before taxes | 9903 | €10,667 | €15,234 | +€4,567 | +42.8% |
| Income taxes | 67/77 | - | €1,234 | +€1,234 | |
| Profit (loss) for the period | 9904 | €10,667 | €14,000 | +€3,333 | +31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,667 | €14,000 | +€3,333 | +31.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.