Havenwereld: 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.
Havenwereld
Largest movements
- Tangible fixed assets +€2.1m
up €2.1m (+241.5%), from €889,350 to €3.0m
of which Assets under construction and advance payments: +€2.1m
- Cash -€503,396
down €503,396 (-50.3%), from €999,987 to €496,592
mainly Investment in fixed assets (net) (-€2.2m) and Net result for the year (-€86,914)
- Accrued charges and deferred income +€969,252
new in 2025: €969,252
- Debts within one year +€793,179
up €793,179 (+3961.6%), from €20,022 to €813,201
- Profit (loss) carried forward -€86,914
down €86,914 (-437.1%), from -€19,886 to -€106,800
- Staff costs +€193,704
new in 2025: €193,704
- Gross operating margin +€132,269
up €132,269, from -€19,873 to €112,395
- Other operating charges +€2,812
new in 2025: €2,812
- Depreciation +€2,584
new in 2025: €2,584
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 | €1,889,486 | €3,565,003 | +€1.7m | +88.7% |
| Fixed assets | 21/28 | €889,499 | €3,059,523 | +€2.2m | +244.0% |
| Intangible fixed assets | 21 | - | €22,178 | +€22,178 | |
| Tangible fixed assets | 22/27 | €889,350 | €3,037,197 | +€2.1m | +241.5% |
| Furniture and vehicles | 24 | - | €6,147 | +€6,147 | |
| Assets under construction and advance payments | 27 | €889,350 | €3,031,050 | +€2.1m | +240.8% |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €999,987 | €505,479 | -€494,508 | -49.5% |
| Amounts receivable within one year | 40/41 | - | €8,888 | +€8,888 | |
| Trade receivables | 40 | - | €8,888 | +€8,888 | |
| Cash at bank and in hand | 54/58 | €999,987 | €496,592 | -€503,396 | -50.3% |
| Total equity and liabilities | 10/49 | €1,889,486 | €3,565,003 | +€1.7m | +88.7% |
| Equity | 10/15 | €1,869,464 | €1,782,550 | -€86,914 | -4.6% |
| Profit (loss) carried forward | 14 | -€19,886 | -€106,800 | -€86,914 | -437.1% |
| Investment grants | 15 | €1,889,350 | €1,889,350 | = | 0.0% |
| Amounts payable | 17/49 | €20,022 | €1,782,453 | +€1.8m | +8802.5% |
| Amounts payable within one year | 42/48 | €20,022 | €813,201 | +€793,179 | +3961.6% |
| Trade debts | 44 | €19,873 | €385,135 | +€365,262 | +1838.0% |
| Suppliers | 440/4 | €19,873 | €385,135 | +€365,262 | +1838.0% |
| Taxes, remuneration and social security | 45 | - | €58,211 | +€58,211 | |
| Taxes | 450/3 | - | €7,675 | +€7,675 | |
| Remuneration and social security | 454/9 | - | €50,536 | +€50,536 | |
| Accrued charges and deferred income | 492/3 | - | €969,252 | +€969,252 | |
| Remuneration, social security and pensions | 62 | - | €193,704 | +€193,704 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,584 | +€2,584 | |
| Other operating charges | 640/8 | - | €2,812 | +€2,812 | |
| Gross operating margin | 9900 | -€19,873 | €112,395 | +€132,269 | |
| Operating profit (loss) | 9901 | -€19,873 | -€86,705 | -€66,832 | -336.3% |
| Financial charges | 65/66B | €13 | €209 | +€196 | +1531.6% |
| Recurring financial charges | 65 | €13 | €209 | +€196 | +1531.6% |
| Profit (loss) for the period before taxes | 9903 | -€19,886 | -€86,914 | -€67,028 | -337.1% |
| Profit (loss) for the period | 9904 | -€19,886 | -€86,914 | -€67,028 | -337.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,886 | -€86,914 | -€67,028 | -337.1% |
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 12 October 2026 via checked.be.