HAVETTE IMMO: 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.
HAVETTE IMMO
Largest movements
- Stocks and contracts -€503,137
down €503,137 (-25.4%), from €2.0m to €1.5m
- Receivables within one year -€110,011
down €110,011 (-3.5%), from €3.1m to €3.0m
of which Other amounts receivable: -€110,011
- Short-term financial debts -€418,524
down €418,524 (-28.9%), from €1.4m to €1.0m
- Other debts -€91,862
down €91,862 (-5.9%), from €1.6m to €1.5m
- Profit (loss) carried forward -€84,572
down €84,572 (-567%), from -€14,907 to -€99,479
- Purchases and services -€254,287
no longer reported in 2025 (was €254,287)
- Turnover -€250,235
no longer reported in 2025 (was €250,235)
- Financial charges +€42,335
up €42,335 (+177%), from €23,897 to €66,231
- Gross operating margin -€32,771
down €32,771 (-809%), from -€4,052 to -€36,823
- Taxes -€8,253
no longer reported in 2025 (was €8,253)
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 | €5,115,867 | €4,512,764 | -€603,102 | -11.8% |
| Fixed assets | 21/28 | €10,000 | €10,000 | = | 0.0% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €5,105,867 | €4,502,764 | -€603,102 | -11.8% |
| Stocks and contracts in progress | 3 | €1,984,540 | €1,481,403 | -€503,137 | -25.4% |
| Stocks | 30/36 | €1,984,540 | €1,481,403 | -€503,137 | -25.4% |
| Amounts receivable within one year | 40/41 | €3,121,326 | €3,011,315 | -€110,011 | -3.5% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €3,121,326 | €3,011,315 | -€110,011 | -3.5% |
| Cash at bank and in hand | 54/58 | €0 | €0 | = | |
| Deferred charges and accrued income | 490/1 | €0 | €10,046 | +€10,046 | |
| Total equity and liabilities | 10/49 | €5,115,867 | €4,512,764 | -€603,102 | -11.8% |
| Equity | 10/15 | -€4,907 | -€89,479 | -€84,572 | -1,724% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,907 | -€99,479 | -€84,572 | -567% |
| Amounts payable | 17/49 | €5,120,773 | €4,602,243 | -€518,530 | -10.1% |
| Amounts payable after more than one year | 17 | €2,003,500 | €2,003,500 | = | 0.0% |
| Financial debts | 170/4 | €2,003,500 | €2,003,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,038,273 | €2,520,250 | -€518,023 | -17.0% |
| Financial debts | 43 | €1,446,624 | €1,028,099 | -€418,524 | -28.9% |
| Credit institutions | 430/8 | €1,446,624 | €1,028,099 | -€418,524 | -28.9% |
| Trade debts | 44 | €11,969 | €4,332 | -€7,636 | -63.8% |
| Suppliers | 440/4 | €11,969 | €4,332 | -€7,636 | -63.8% |
| Advances received on contracts in progress | 46 | €10,000 | €10,000 | = | 0.0% |
| Other amounts payable | 47/48 | €1,569,680 | €1,477,818 | -€91,862 | -5.9% |
| Accrued charges and deferred income | 492/3 | €79,001 | €78,493 | -€508 | -0.6% |
| Turnover | 70 | €250,235 | - | -€250,235 | |
| Goods, raw materials, services and sundry goods | 60/61 | €254,287 | - | -€254,287 | |
| Other operating charges | 640/8 | €1,188 | €1,218 | +€31 | +2.6% |
| Gross operating margin | 9900 | -€4,052 | -€36,823 | -€32,771 | -809% |
| Operating profit (loss) | 9901 | -€5,240 | -€38,042 | -€32,802 | -626% |
| Financial income | 75/76B | €14,242 | €19,701 | +€5,460 | +38.3% |
| Recurring financial income | 75 | €14,242 | €19,701 | +€5,460 | +38.3% |
| Financial charges | 65/66B | €23,897 | €66,231 | +€42,335 | +177% |
| Recurring financial charges | 65 | €23,897 | €66,231 | +€42,335 | +177% |
| Profit (loss) for the period before taxes | 9903 | -€14,895 | -€84,572 | -€69,677 | -468% |
| Income taxes | 67/77 | €8,253 | - | -€8,253 | |
| Profit (loss) for the period | 9904 | -€23,148 | -€84,572 | -€61,424 | -265% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,148 | -€84,572 | -€61,424 | -265% |
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 22 October 2026 via checked.be.