HAVASUPPORT: 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.
HAVASUPPORT
Largest movements
- Receivables within one year +€6.9m
up €6.9m (+3887.1%), from €177,405 to €7.1m
- Debts after one year +€6.5m
new in 2025: €6.5m
- Other debts +€119,033
up €119,033 (+78.4%), from €151,745 to €270,777
- Reserves +€114,927
up €114,927 (+304.6%), from €37,728 to €152,656
- Tax, wage and social debts +€75,906
up €75,906 (+1210.7%), from €6,269 to €82,175
of which Taxes: +€75,408
- Turnover -€243,250
no longer reported in 2025 (was €243,250)
- Purchases and services -€181,336
no longer reported in 2025 (was €181,336)
- Gross operating margin +€136,231
up €136,231 (+220.0%), from €61,914 to €198,145
- Financial charges +€24,993
up €24,993 (+712050.1%), from €4 to €24,996
- Taxes +€24,223
up €24,223 (+171.2%), from €14,148 to €38,371
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 | €211,800 | €7,124,131 | +€6.9m | +3263.6% |
| Fixed assets | 21/28 | €9,936 | €41,553 | +€31,617 | +318.2% |
| Intangible fixed assets | 21 | €1,836 | €1,336 | -€500 | -27.2% |
| Tangible fixed assets | 22/27 | €8,100 | €40,217 | +€32,117 | +396.5% |
| Land and buildings | 22 | €6,676 | €6,207 | -€469 | -7.0% |
| Plant, machinery and equipment | 23 | - | €32,752 | +€32,752 | |
| Furniture and vehicles | 24 | €1,424 | €1,258 | -€166 | -11.6% |
| Current assets | 29/58 | €201,863 | €7,082,578 | +€6.9m | +3408.6% |
| Amounts receivable within one year | 40/41 | €177,405 | €7,073,322 | +€6.9m | +3887.1% |
| Trade receivables | 40 | €177,405 | €7,073,322 | +€6.9m | +3887.1% |
| Cash at bank and in hand | 54/58 | €24,458 | €9,256 | -€15,202 | -62.2% |
| Total equity and liabilities | 10/49 | €211,800 | €7,124,131 | +€6.9m | +3263.6% |
| Equity | 10/15 | €42,728 | €157,656 | +€114,927 | +269.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €37,728 | €152,656 | +€114,927 | +304.6% |
| Distributable reserves | 133 | €37,728 | €152,656 | +€114,927 | +304.6% |
| Amounts payable | 17/49 | €169,071 | €6,966,475 | +€6.8m | +4020.4% |
| Amounts payable after more than one year | 17 | - | €6,515,250 | +€6.5m | |
| Financial debts | 170/4 | - | €6,515,250 | +€6.5m | |
| Amounts payable within one year | 42/48 | €169,071 | €427,496 | +€258,424 | +152.8% |
| Trade debts | 44 | €11,057 | €74,543 | +€63,486 | +574.2% |
| Suppliers | 440/4 | €11,057 | €74,543 | +€63,486 | +574.2% |
| Taxes, remuneration and social security | 45 | €6,269 | €82,175 | +€75,906 | +1210.7% |
| Taxes | 450/3 | €6,269 | €81,677 | +€75,408 | +1202.8% |
| Remuneration and social security | 454/9 | - | €498 | +€498 | |
| Other amounts payable | 47/48 | €151,745 | €270,777 | +€119,033 | +78.4% |
| Accrued charges and deferred income | 492/3 | - | €23,730 | +€23,730 | |
| Turnover | 70 | €243,250 | - | -€243,250 | |
| Goods, raw materials, services and sundry goods | 60/61 | €181,336 | - | -€181,336 | |
| Remuneration, social security and pensions | 62 | €5,585 | €11,235 | +€5,650 | +101.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,150 | €5,397 | +€4,248 | +369.4% |
| Other operating charges | 640/8 | €1,740 | €3,259 | +€1,519 | +87.3% |
| Gross operating margin | 9900 | €61,914 | €198,145 | +€136,231 | +220.0% |
| Operating profit (loss) | 9901 | €53,439 | €178,254 | +€124,814 | +233.6% |
| Financial income | 75/76B | €0 | €41 | +€41 | +24276.5% |
| Recurring financial income | 75 | €0 | €41 | +€41 | +24276.5% |
| Financial charges | 65/66B | €4 | €24,996 | +€24,993 | +712050.1% |
| Recurring financial charges | 65 | €4 | €24,996 | +€24,993 | +712050.1% |
| Profit (loss) for the period before taxes | 9903 | €53,436 | €153,299 | +€99,863 | +186.9% |
| Income taxes | 67/77 | €14,148 | €38,371 | +€24,223 | +171.2% |
| Profit (loss) for the period | 9904 | €39,288 | €114,927 | +€75,639 | +192.5% |
| Profit (loss) for the period to be appropriated | 9905 | €39,288 | €114,927 | +€75,639 | +192.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.