Havik: 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.
Havik
Largest movements
- Receivables within one year +€64,636
up €64,636 (+27.9%), from €231,738 to €296,374
of which Trade receivables: +€64,815
- Deferred charges and accrued income -€4,903
down €4,903 (-69.8%), from €7,027 to €2,124
- Profit (loss) carried forward +€223,173
up €223,173 (+97.1%), from -€229,872 to -€6,699
- Trade debts -€93,185
down €93,185 (-61.0%), from €152,697 to €59,512
- Tax, wage and social debts -€56,670
down €56,670 (-67.4%), from €84,096 to €27,426
of which Remuneration and social security: -€41,075
- Advances received -€50,219
no longer reported in 2025 (was €50,219)
- Other debts +€22,958
up €22,958 (+17.5%), from €130,889 to €153,847
- Purchases and services -€425,308
down €425,308 (-47.9%), from €887,886 to €462,579
- Turnover -€302,491
down €302,491 (-25.2%), from €1.2m to €897,170
- Staff costs -€218,158
down €218,158 (-46.1%), from €473,110 to €254,952
- Gross operating margin +€197,454
up €197,454 (+64.8%), from €304,549 to €502,003
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 | €250,028 | €306,023 | +€55,995 | +22.4% |
| Fixed assets | 21/28 | €3,687 | €1,536 | -€2,151 | -58.3% |
| Tangible fixed assets | 22/27 | €3,687 | €1,536 | -€2,151 | -58.3% |
| Plant, machinery and equipment | 23 | €3,687 | €1,536 | -€2,151 | -58.3% |
| Current assets | 29/58 | €246,341 | €304,487 | +€58,146 | +23.6% |
| Amounts receivable within one year | 40/41 | €231,738 | €296,374 | +€64,636 | +27.9% |
| Trade receivables | 40 | €231,559 | €296,374 | +€64,815 | +28.0% |
| Other amounts receivable | 41 | €179 | - | -€179 | |
| Cash at bank and in hand | 54/58 | €7,576 | €5,988 | -€1,587 | -21.0% |
| Deferred charges and accrued income | 490/1 | €7,027 | €2,124 | -€4,903 | -69.8% |
| Total equity and liabilities | 10/49 | €250,028 | €306,023 | +€55,995 | +22.4% |
| Equity | 10/15 | -€167,872 | €55,301 | +€223,173 | |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€229,872 | -€6,699 | +€223,173 | +97.1% |
| Provisions and deferred taxes | 16 | - | €24 | +€24 | |
| Provisions for liabilities and charges | 160/5 | - | €24 | +€24 | |
| Pensions and similar obligations | 160 | - | €24 | +€24 | |
| Amounts payable | 17/49 | €417,900 | €250,697 | -€167,202 | -40.0% |
| Amounts payable within one year | 42/48 | €417,900 | €240,784 | -€177,115 | -42.4% |
| Trade debts | 44 | €152,697 | €59,512 | -€93,185 | -61.0% |
| Suppliers | 440/4 | €152,697 | €59,512 | -€93,185 | -61.0% |
| Advances received on contracts in progress | 46 | €50,219 | - | -€50,219 | |
| Taxes, remuneration and social security | 45 | €84,096 | €27,426 | -€56,670 | -67.4% |
| Taxes | 450/3 | €36,070 | €20,476 | -€15,595 | -43.2% |
| Remuneration and social security | 454/9 | €48,026 | €6,950 | -€41,075 | -85.5% |
| Other amounts payable | 47/48 | €130,889 | €153,847 | +€22,958 | +17.5% |
| Accrued charges and deferred income | 492/3 | - | €9,913 | +€9,913 | |
| Turnover | 70 | €1,199,661 | €897,170 | -€302,491 | -25.2% |
| Non-recurring operating income | 76A | - | €85,200 | +€85,200 | |
| Goods, raw materials, services and sundry goods | 60/61 | €887,886 | €462,579 | -€425,308 | -47.9% |
| Remuneration, social security and pensions | 62 | €473,110 | €254,952 | -€218,158 | -46.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,694 | €2,151 | +€457 | +27.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €632 | -€2,361 | -€2,994 | |
| Other operating charges | 640/8 | €2,041 | €2,029 | -€12 | -0.6% |
| Gross operating margin | 9900 | €304,549 | €502,003 | +€197,454 | +64.8% |
| Operating profit (loss) | 9901 | -€172,929 | €245,231 | +€418,161 | |
| Financial income | 75/76B | €120 | - | -€120 | |
| Recurring financial income | 75 | €120 | - | -€120 | |
| Financial charges | 65/66B | €8,524 | €14,093 | +€5,569 | +65.3% |
| Recurring financial charges | 65 | €8,524 | €14,093 | +€5,569 | +65.3% |
| Profit (loss) for the period before taxes | 9903 | -€181,334 | €231,138 | +€412,472 | |
| Income taxes | 67/77 | €924 | €7,965 | +€7,041 | +762% |
| Profit (loss) for the period | 9904 | -€182,257 | €223,173 | +€405,430 | |
| Profit (loss) for the period to be appropriated | 9905 | -€182,257 | €223,173 | +€405,430 |
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 17 October 2026 via checked.be.