HAVEN-LANNOY: what changed
HAVEN-LANNOY
Largest movements
- Current investments -€80,141
no longer reported in 2025 (was €80,141)
- Cash +€78,174
up €78,174 (+372%), from €21,036 to €99,210
mainly Current investments (+€80,141) and Other debts (+€9,011)
- Stocks and contracts -€7,700
down €7,700 (-72.7%), from €10,590 to €2,890
of which Contracts in progress: -€7,500
- Tangible fixed assets -€5,412
down €5,412 (-16.6%), from €32,667 to €27,255
- Receivables within one year -€2,166
down €2,166 (-25.2%), from €8,588 to €6,422
of which Trade receivables: -€3,833
- Trade debts -€9,490
down €9,490 (-83.2%), from €11,406 to €1,916
- Other debts +€9,011
up €9,011 (+85.9%), from €10,488 to €19,500
- Tax, wage and social debts -€6,341
down €6,341 (-99.6%), from €6,366 to €25
- Reserves -€5,701
down €5,701 (-4.8%), from €118,594 to €112,894
of which Distributable reserves: -€3,801
- Profit (loss) carried forward -€4,151
down €4,151, from €382 to -€3,769
- Gross operating margin -€20,987
down €20,987 (-92.0%), from €22,817 to €1,831
- Taxes -€4,350
down €4,350 (-100%), from €4,350 to €0
- Other operating charges +€596
up €596 (+96.6%), from €617 to €1,213
- Financial charges -€536
down €536 (-84.6%), from €634 to €98
- Financial income +€477
up €477 (+181%), from €263 to €740
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €154,142 | €136,965 | -€17,177 | -11.1% |
| Fixed assets | 21/28 | €32,667 | €27,255 | -€5,412 | -16.6% |
| Tangible fixed assets | 22/27 | €32,667 | €27,255 | -€5,412 | -16.6% |
| Land and buildings | 22 | €23,211 | €21,176 | -€2,036 | -8.8% |
| Plant, machinery and equipment | 23 | €6,210 | €4,965 | -€1,245 | -20.0% |
| Furniture and vehicles | 24 | €3,245 | €1,114 | -€2,131 | -65.7% |
| Current assets | 29/58 | €121,476 | €109,711 | -€11,765 | -9.7% |
| Stocks and contracts in progress | 3 | €10,590 | €2,890 | -€7,700 | -72.7% |
| Stocks | 30/36 | €1,390 | €1,190 | -€200 | -14.4% |
| Contracts in progress | 37 | €9,200 | €1,700 | -€7,500 | -81.5% |
| Amounts receivable within one year | 40/41 | €8,588 | €6,422 | -€2,166 | -25.2% |
| Trade receivables | 40 | €3,833 | €0 | -€3,833 | -100% |
| Other amounts receivable | 41 | €4,756 | €6,422 | +€1,667 | +35.0% |
| Current investments | 50/53 | €80,141 | - | -€80,141 | |
| Cash at bank and in hand | 54/58 | €21,036 | €99,210 | +€78,174 | +372% |
| Deferred charges and accrued income | 490/1 | €1,120 | €1,188 | +€68 | +6.1% |
| Total equity and liabilities | 10/49 | €154,142 | €136,965 | -€17,177 | -11.1% |
| Equity | 10/15 | €125,377 | €115,525 | -€9,852 | -7.9% |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Reserves | 13 | €118,594 | €112,894 | -€5,701 | -4.8% |
| Non-distributable reserves | 130/1 | €1,900 | €0 | -€1,900 | -100% |
| Reserves not available under the articles | 1311 | €1,900 | €0 | -€1,900 | -100% |
| Distributable reserves | 133 | €116,694 | €112,894 | -€3,801 | -3.3% |
| Profit (loss) carried forward | 14 | €382 | -€3,769 | -€4,151 | |
| Amounts payable | 17/49 | €28,766 | €21,440 | -€7,325 | -25.5% |
| Amounts payable within one year | 42/48 | €28,261 | €21,440 | -€6,820 | -24.1% |
| Trade debts | 44 | €11,406 | €1,916 | -€9,490 | -83.2% |
| Suppliers | 440/4 | €11,406 | €1,916 | -€9,490 | -83.2% |
| Taxes, remuneration and social security | 45 | €6,366 | €25 | -€6,341 | -99.6% |
| Taxes | 450/3 | €6,366 | €25 | -€6,341 | -99.6% |
| Other amounts payable | 47/48 | €10,488 | €19,500 | +€9,011 | +85.9% |
| Accrued charges and deferred income | 492/3 | €505 | €0 | -€505 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,514 | €5,412 | -€103 | -1.9% |
| Other operating charges | 640/8 | €617 | €1,213 | +€596 | +96.6% |
| Gross operating margin | 9900 | €22,817 | €1,831 | -€20,987 | -92.0% |
| Operating profit (loss) | 9901 | €16,686 | -€4,794 | -€21,480 | |
| Financial income | 75/76B | €263 | €740 | +€477 | +181% |
| Recurring financial income | 75 | €263 | €740 | +€477 | +181% |
| Financial charges | 65/66B | €634 | €98 | -€536 | -84.6% |
| Recurring financial charges | 65 | €634 | €98 | -€536 | -84.6% |
| Profit (loss) for the period before taxes | 9903 | €16,316 | -€4,151 | -€20,467 | |
| Income taxes | 67/77 | €4,350 | €0 | -€4,350 | -100% |
| Profit (loss) for the period | 9904 | €11,966 | -€4,151 | -€16,117 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,966 | -€4,151 | -€16,117 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.