Hawi Bedding: 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.
Hawi Bedding
Largest movements
- Tangible fixed assets +€629,919
up €629,919 (+138%), from €454,995 to €1.1m
of which Other tangible fixed assets: +€346,042
- Stocks and contracts -€112,096
down €112,096 (-100%), from €112,096 to €0
- Cash -€46,742
down €46,742 (-100%), from €46,742 to €0
mainly Investment in fixed assets (net) (-€663,289) and Net result for the year (-€162,653)
- Current portion of long-term debt +€613,762
up €613,762 (+3,234%), from €18,977 to €632,739
- Other debts +€182,860
up €182,860 (+26.1%), from €700,609 to €883,468
- Trade debts -€146,942
down €146,942 (-96.5%), from €152,210 to €5,268
- Profit (loss) carried forward -€134,016
new in 2025: -€134,016
- Reserves -€28,637
down €28,637 (-100%), from €28,637 to €0
- Gross operating margin -€197,168
down €197,168, from €133,597 to -€63,571
- Staff costs -€45,746
down €45,746 (-59.4%), from €77,031 to €31,284
- Depreciation +€16,527
up €16,527 (+98.1%), from €16,843 to €33,370
- Financial charges +€15,655
up €15,655 (+203%), from €7,716 to €23,370
- Taxes -€7,327
down €7,327, from €7,300 to -€27
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 | €1,016,673 | €1,487,562 | +€470,889 | +46.3% |
| Fixed assets | 21/28 | €454,995 | €1,084,915 | +€629,919 | +138% |
| Tangible fixed assets | 22/27 | €454,995 | €1,084,915 | +€629,919 | +138% |
| Land and buildings | 22 | €454,513 | €713,431 | +€258,918 | +57.0% |
| Plant, machinery and equipment | 23 | €340 | €340 | = | 0.0% |
| Furniture and vehicles | 24 | €143 | €25,102 | +€24,959 | +17,472% |
| Other tangible fixed assets | 26 | - | €346,042 | +€346,042 | |
| Current assets | 29/58 | €561,678 | €402,648 | -€159,030 | -28.3% |
| Stocks and contracts in progress | 3 | €112,096 | €0 | -€112,096 | -100% |
| Stocks | 30/36 | €112,096 | €0 | -€112,096 | -100% |
| Amounts receivable within one year | 40/41 | €398,069 | €396,634 | -€1,435 | -0.4% |
| Trade receivables | 40 | €75,471 | €28,634 | -€46,837 | -62.1% |
| Other amounts receivable | 41 | €322,598 | €368,000 | +€45,402 | +14.1% |
| Cash at bank and in hand | 54/58 | €46,742 | €0 | -€46,742 | -100% |
| Deferred charges and accrued income | 490/1 | €4,771 | €6,014 | +€1,242 | +26.0% |
| Total equity and liabilities | 10/49 | €1,016,673 | €1,487,562 | +€470,889 | +46.3% |
| Equity | 10/15 | €34,837 | -€127,816 | -€162,653 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €28,637 | €0 | -€28,637 | -100% |
| Distributable reserves | 133 | €28,637 | €0 | -€28,637 | -100% |
| Profit (loss) carried forward | 14 | - | -€134,016 | -€134,016 | |
| Amounts payable | 17/49 | €981,836 | €1,615,378 | +€633,542 | +64.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €980,523 | €1,606,267 | +€625,744 | +63.8% |
| Current portion of amounts payable after more than one year | 42 | €18,977 | €632,739 | +€613,762 | +3,234% |
| Financial debts | 43 | €100,000 | €79,832 | -€20,168 | -20.2% |
| Credit institutions | 430/8 | €100,000 | €79,832 | -€20,168 | -20.2% |
| Trade debts | 44 | €152,210 | €5,268 | -€146,942 | -96.5% |
| Suppliers | 440/4 | €152,210 | €5,268 | -€146,942 | -96.5% |
| Taxes, remuneration and social security | 45 | €8,727 | €4,960 | -€3,768 | -43.2% |
| Taxes | 450/3 | €0 | €4,960 | +€4,960 | |
| Remuneration and social security | 454/9 | €8,727 | €0 | -€8,727 | -100% |
| Other amounts payable | 47/48 | €700,609 | €883,468 | +€182,860 | +26.1% |
| Accrued charges and deferred income | 492/3 | €1,313 | €9,111 | +€7,798 | +594% |
| Remuneration, social security and pensions | 62 | €77,031 | €31,284 | -€45,746 | -59.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,843 | €33,370 | +€16,527 | +98.1% |
| Other operating charges | 640/8 | €7,048 | €12,193 | +€5,145 | +73.0% |
| Non-recurring operating charges | 66A | €921 | €0 | -€921 | -100% |
| Gross operating margin | 9900 | €133,597 | -€63,571 | -€197,168 | |
| Operating profit (loss) | 9901 | €31,755 | -€140,418 | -€172,173 | |
| Financial income | 75/76B | €2,847 | €1,108 | -€1,738 | -61.1% |
| Recurring financial income | 75 | €2,847 | €1,108 | -€1,738 | -61.1% |
| Financial charges | 65/66B | €7,716 | €23,370 | +€15,655 | +203% |
| Recurring financial charges | 65 | €7,716 | €23,370 | +€15,655 | +203% |
| Profit (loss) for the period before taxes | 9903 | €26,886 | -€162,680 | -€189,566 | |
| Income taxes | 67/77 | €7,300 | -€27 | -€7,327 | |
| Profit (loss) for the period | 9904 | €19,586 | -€162,653 | -€182,238 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,586 | -€162,653 | -€182,238 |
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 19 October 2026 via checked.be.