HAVIMA: 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.
HAVIMA
Largest movements
- Current investments +€3,466
up €3,466 (+10283.1%), from €34 to €3,500
- Tangible fixed assets +€1,572
new in 2025: €1,572
- Cash +€837
up €837 (+252.6%), from €332 to €1,169
mainly Other debts (+€3,899) and Net result for the year (+€2,733)
- Other debts +€3,899
up €3,899 (+2.3%), from €173,036 to €176,935
- Profit (loss) carried forward +€2,733
up €2,733 (+1.0%), from -€283,927 to -€281,194
- Trade debts -€756
no longer reported in 2025 (was €756)
- Gross operating margin +€4,520
up €4,520, from -€1,056 to €3,464
- Depreciation +€246
new in 2025: €246
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 | €365 | €6,241 | +€5,876 | +1607.8% |
| Fixed assets | 21/28 | - | €1,572 | +€1,572 | |
| Tangible fixed assets | 22/27 | - | €1,572 | +€1,572 | |
| Furniture and vehicles | 24 | - | €1,572 | +€1,572 | |
| Current assets | 29/58 | €365 | €4,669 | +€4,304 | +1177.6% |
| Amounts receivable within one year | 40/41 | €0 | - | -€0 | |
| Other amounts receivable | 41 | €0 | - | -€0 | |
| Current investments | 50/53 | €34 | €3,500 | +€3,466 | +10283.1% |
| Cash at bank and in hand | 54/58 | €332 | €1,169 | +€837 | +252.6% |
| Total equity and liabilities | 10/49 | €365 | €6,241 | +€5,876 | +1607.8% |
| Equity | 10/15 | -€173,427 | -€170,694 | +€2,733 | +1.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,500 | €10,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,500 | €10,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,500 | €10,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€283,927 | -€281,194 | +€2,733 | +1.0% |
| Amounts payable | 17/49 | €173,792 | €176,935 | +€3,143 | +1.8% |
| Amounts payable within one year | 42/48 | €173,792 | €176,935 | +€3,143 | +1.8% |
| Trade debts | 44 | €756 | - | -€756 | |
| Suppliers | 440/4 | €756 | - | -€756 | |
| Other amounts payable | 47/48 | €173,036 | €176,935 | +€3,899 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €246 | +€246 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€1,056 | €3,464 | +€4,520 | |
| Operating profit (loss) | 9901 | -€1,443 | €2,819 | +€4,262 | |
| Financial income | 75/76B | €1 | €0 | -€0 | -29.8% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -29.8% |
| Financial charges | 65/66B | €69 | €85 | +€16 | +23.2% |
| Recurring financial charges | 65 | €69 | €85 | +€16 | +23.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,512 | €2,734 | +€4,246 | |
| Income taxes | 67/77 | €0 | €0 | +€0 | +72.2% |
| Profit (loss) for the period | 9904 | -€1,512 | €2,733 | +€4,245 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,512 | €2,733 | +€4,245 |
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 5 October 2026 via checked.be.