Havenkoepel: 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.
Havenkoepel
Largest movements
- Receivables after one year -€208,333
down €208,333 (-34.7%), from €600,000 to €391,667
- Current investments +€85,362
up €85,362 (+5.2%), from €1.6m to €1.7m
- Receivables within one year +€45,882
up €45,882 (+18.1%), from €253,251 to €299,133
of which Other amounts receivable: +€49,586
- Profit (loss) carried forward -€139,726
down €139,726 (-10.6%), from €1.3m to €1.2m
- Debts within one year +€79,534
up €79,534 (+2.5%), from €3.1m to €3.2m
- Purchases and services -€203,426
no longer reported in 2025 (was €203,426)
- Other operating charges +€200,274
up €200,274 (+3,108%), from €6,444 to €206,718
- Gross operating margin +€105,702
up €105,702 (+85.0%), from -€124,375 to -€18,673
- Turnover -€79,050
no longer reported in 2025 (was €79,050)
- Financial income +€44,774
up €44,774 (+52.0%), from €86,066 to €130,840
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 | €4,443,505 | €4,382,423 | -€61,082 | -1.4% |
| Fixed assets | 21/28 | €39,070 | €43,778 | +€4,708 | +12.1% |
| Tangible fixed assets | 22/27 | - | €4,708 | +€4,708 | |
| Furniture and vehicles | 24 | - | €4,708 | +€4,708 | |
| Financial fixed assets | 28 | €39,070 | €39,070 | = | 0.0% |
| Current assets | 29/58 | €4,404,435 | €4,338,645 | -€65,790 | -1.5% |
| Amounts receivable after more than one year | 29 | €600,000 | €391,667 | -€208,333 | -34.7% |
| Other amounts receivable | 291 | €600,000 | €391,667 | -€208,333 | -34.7% |
| Amounts receivable within one year | 40/41 | €253,251 | €299,133 | +€45,882 | +18.1% |
| Trade receivables | 40 | €5,064 | €1,360 | -€3,704 | -73.1% |
| Other amounts receivable | 41 | €248,187 | €297,773 | +€49,586 | +20.0% |
| Current investments | 50/53 | €1,644,972 | €1,730,334 | +€85,362 | +5.2% |
| Cash at bank and in hand | 54/58 | €1,905,540 | €1,917,427 | +€11,887 | +0.6% |
| Deferred charges and accrued income | 490/1 | €672 | €84 | -€588 | -87.5% |
| Total equity and liabilities | 10/49 | €4,443,505 | €4,382,423 | -€61,082 | -1.4% |
| Equity | 10/15 | €1,317,130 | €1,177,404 | -€139,726 | -10.6% |
| Profit (loss) carried forward | 14 | €1,317,130 | €1,177,404 | -€139,726 | -10.6% |
| Amounts payable | 17/49 | €3,126,375 | €3,205,019 | +€78,644 | +2.5% |
| Amounts payable within one year | 42/48 | €3,124,410 | €3,203,944 | +€79,534 | +2.5% |
| Trade debts | 44 | €3,117,966 | €3,097,227 | -€20,739 | -0.7% |
| Suppliers | 440/4 | €3,117,966 | €3,097,227 | -€20,739 | -0.7% |
| Taxes, remuneration and social security | 45 | €6,444 | €6,717 | +€273 | +4.2% |
| Taxes | 450/3 | €6,444 | €6,717 | +€273 | +4.2% |
| Accrued charges and deferred income | 492/3 | €1,965 | €1,075 | -€890 | -45.3% |
| Turnover | 70 | €79,050 | - | -€79,050 | |
| Goods, raw materials, services and sundry goods | 60/61 | €203,426 | - | -€203,426 | |
| Remuneration, social security and pensions | 62 | €818 | €1,622 | +€804 | +98.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €92 | +€92 | |
| Other operating charges | 640/8 | €6,444 | €206,718 | +€200,274 | +3,108% |
| Gross operating margin | 9900 | -€124,375 | -€18,673 | +€105,702 | +85.0% |
| Operating profit (loss) | 9901 | -€131,637 | -€227,105 | -€95,468 | -72.5% |
| Financial income | 75/76B | €86,066 | €130,840 | +€44,774 | +52.0% |
| Recurring financial income | 75 | €86,066 | €130,840 | +€44,774 | +52.0% |
| Financial charges | 65/66B | €50,182 | €43,461 | -€6,721 | -13.4% |
| Recurring financial charges | 65 | €50,182 | €43,093 | -€7,089 | -14.1% |
| Non-recurring financial charges | 66B | - | €368 | +€368 | |
| Profit (loss) for the period before taxes | 9903 | -€95,753 | -€139,726 | -€43,973 | -45.9% |
| Profit (loss) for the period | 9904 | -€95,753 | -€139,726 | -€43,973 | -45.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€95,753 | -€139,726 | -€43,973 | -45.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.