Haversévin: 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.
Haversévin
Largest movements
- Tangible fixed assets +€142,694
up €142,694 (+77.9%), from €183,104 to €325,799
of which Land and buildings: +€150,164
- Cash -€23,419
down €23,419 (-23.4%), from €100,166 to €76,747
mainly Investment in fixed assets (net) (-€179,985) and Net result for the year (-€138,082)
- Receivables within one year +€18,999
up €18,999 (+1771.0%), from €1,073 to €20,072
of which Trade receivables: +€13,444
- Stocks and contracts +€12,690
up €12,690 (+116.8%), from €10,861 to €23,551
- Deferred charges and accrued income +€7,804
up €7,804 (+282.2%), from €2,766 to €10,571
- Debts after one year +€300,000
up €300,000 (+131.2%), from €228,657 to €528,657
- Profit (loss) carried forward -€138,082
down €138,082 (-100.5%), from -€137,425 to -€275,507
- Staff costs +€51,450
up €51,450 (+1308.1%), from €3,933 to €55,383
- Gross operating margin -€37,584
down €37,584 (-507.8%), from -€7,402 to -€44,986
- Depreciation +€10,101
up €10,101 (+37.1%), from €27,190 to €37,291
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 | €297,970 | €456,739 | +€158,769 | +53.3% |
| Fixed assets | 21/28 | €183,104 | €325,799 | +€142,694 | +77.9% |
| Tangible fixed assets | 22/27 | €183,104 | €325,799 | +€142,694 | +77.9% |
| Land and buildings | 22 | €63,666 | €213,831 | +€150,164 | +235.9% |
| Plant, machinery and equipment | 23 | €119,438 | €111,465 | -€7,974 | -6.7% |
| Furniture and vehicles | 24 | - | €504 | +€504 | |
| Current assets | 29/58 | €114,866 | €130,940 | +€16,074 | +14.0% |
| Stocks and contracts in progress | 3 | €10,861 | €23,551 | +€12,690 | +116.8% |
| Stocks | 30/36 | €10,861 | €23,551 | +€12,690 | +116.8% |
| Amounts receivable within one year | 40/41 | €1,073 | €20,072 | +€18,999 | +1771.0% |
| Trade receivables | 40 | - | €13,444 | +€13,444 | |
| Other amounts receivable | 41 | €1,073 | €6,628 | +€5,555 | +517.8% |
| Cash at bank and in hand | 54/58 | €100,166 | €76,747 | -€23,419 | -23.4% |
| Deferred charges and accrued income | 490/1 | €2,766 | €10,571 | +€7,804 | +282.2% |
| Total equity and liabilities | 10/49 | €297,970 | €456,739 | +€158,769 | +53.3% |
| Equity | 10/15 | €64,575 | -€73,507 | -€138,082 | |
| Contributions | 10/11 | €202,000 | €202,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€137,425 | -€275,507 | -€138,082 | -100.5% |
| Amounts payable | 17/49 | €233,396 | €530,246 | +€296,850 | +127.2% |
| Amounts payable after more than one year | 17 | €228,657 | €528,657 | +€300,000 | +131.2% |
| Other amounts payable | 178/9 | €228,657 | €528,657 | +€300,000 | +131.2% |
| Amounts payable within one year | 42/48 | €4,739 | €1,589 | -€3,150 | -66.5% |
| Trade debts | 44 | €4,739 | €1,589 | -€3,150 | -66.5% |
| Suppliers | 440/4 | €4,739 | €1,589 | -€3,150 | -66.5% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €3,933 | €55,383 | +€51,450 | +1308.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,190 | €37,291 | +€10,101 | +37.1% |
| Other operating charges | 640/8 | €843 | €445 | -€398 | -47.2% |
| Gross operating margin | 9900 | -€7,402 | -€44,986 | -€37,584 | -507.8% |
| Operating profit (loss) | 9901 | -€39,368 | -€138,105 | -€98,737 | -250.8% |
| Financial income | 75/76B | €9 | €100 | +€91 | +983.1% |
| Recurring financial income | 75 | €9 | €100 | +€91 | +983.1% |
| Financial charges | 65/66B | €61 | €77 | +€16 | +26.8% |
| Recurring financial charges | 65 | €61 | €77 | +€16 | +26.8% |
| Profit (loss) for the period before taxes | 9903 | -€39,420 | -€138,082 | -€98,662 | -250.3% |
| Profit (loss) for the period | 9904 | -€39,420 | -€138,082 | -€98,662 | -250.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,420 | -€138,082 | -€98,662 | -250.3% |
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 3 October 2026 via checked.be.