HAWIAN: 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.
HAWIAN
Largest movements
- Tangible fixed assets +€284,279
up €284,279 (+8.7%), from €3.3m to €3.6m
of which Land and buildings: +€286,017
- Receivables within one year +€46,082
up €46,082 (+276%), from €16,716 to €62,797
of which Other amounts receivable: +€46,277
- Receivables after one year -€43,018
down €43,018 (-12.1%), from €356,355 to €313,337
- Debts after one year +€246,397
up €246,397 (+16.1%), from €1.5m to €1.8m
of which Financial debts: +€246,037
- Profit (loss) carried forward -€178,771
down €178,771 (-26.8%), from -€667,393 to -€846,164
- Accrued charges and deferred income +€100,509
up €100,509 (+28.9%), from €347,335 to €447,845
- Trade debts +€78,627
up €78,627 (+1,807%), from €4,352 to €82,979
- Financial charges +€15,158
up €15,158 (+14.8%), from €102,367 to €117,525
- Gross operating margin -€10,459
down €10,459 (-7.3%), from €143,948 to €133,490
- Other operating charges +€6,574
up €6,574 (+24.3%), from €27,048 to €33,622
- Depreciation +€2,693
up €2,693 (+1.5%), from €176,278 to €178,971
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 | €3,761,786 | €3,994,921 | +€233,136 | +6.2% |
| Fixed assets | 21/28 | €3,271,497 | €3,555,775 | +€284,279 | +8.7% |
| Tangible fixed assets | 22/27 | €3,271,497 | €3,555,775 | +€284,279 | +8.7% |
| Land and buildings | 22 | €3,184,567 | €3,470,583 | +€286,017 | +9.0% |
| Plant, machinery and equipment | 23 | €981 | €1,991 | +€1,010 | +103% |
| Furniture and vehicles | 24 | €85,949 | €83,201 | -€2,748 | -3.2% |
| Current assets | 29/58 | €490,289 | €439,146 | -€51,143 | -10.4% |
| Amounts receivable after more than one year | 29 | €356,355 | €313,337 | -€43,018 | -12.1% |
| Other amounts receivable | 291 | €356,355 | €313,337 | -€43,018 | -12.1% |
| Amounts receivable within one year | 40/41 | €16,716 | €62,797 | +€46,082 | +276% |
| Trade receivables | 40 | €195 | €0 | -€195 | -100% |
| Other amounts receivable | 41 | €16,521 | €62,797 | +€46,277 | +280% |
| Cash at bank and in hand | 54/58 | €63,645 | €28,079 | -€35,566 | -55.9% |
| Deferred charges and accrued income | 490/1 | €53,574 | €34,932 | -€18,641 | -34.8% |
| Total equity and liabilities | 10/49 | €3,761,786 | €3,994,921 | +€233,136 | +6.2% |
| Equity | 10/15 | €1,776,157 | €1,586,894 | -€189,263 | -10.7% |
| Contributions | 10/11 | €347,500 | €347,500 | = | 0.0% |
| Reserves | 13 | €2,096,050 | €2,085,558 | -€10,492 | -0.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €315,729 | €305,237 | -€10,492 | -3.3% |
| Distributable reserves | 133 | €1,780,321 | €1,780,321 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€667,393 | -€846,164 | -€178,771 | -26.8% |
| Provisions and deferred taxes | 16 | €105,243 | €101,746 | -€3,497 | -3.3% |
| Deferred taxes | 168 | €105,243 | €101,746 | -€3,497 | -3.3% |
| Amounts payable | 17/49 | €1,880,386 | €2,306,282 | +€425,896 | +22.6% |
| Amounts payable after more than one year | 17 | €1,528,466 | €1,774,863 | +€246,397 | +16.1% |
| Financial debts | 170/4 | €1,527,306 | €1,773,343 | +€246,037 | +16.1% |
| Other amounts payable | 178/9 | €1,160 | €1,520 | +€360 | +31.0% |
| Amounts payable within one year | 42/48 | €4,584 | €83,574 | +€78,990 | +1,723% |
| Trade debts | 44 | €4,352 | €82,979 | +€78,627 | +1,807% |
| Suppliers | 440/4 | €4,352 | €82,979 | +€78,627 | +1,807% |
| Taxes, remuneration and social security | 45 | €232 | €595 | +€363 | +156% |
| Taxes | 450/3 | €232 | €595 | +€363 | +156% |
| Accrued charges and deferred income | 492/3 | €347,335 | €447,845 | +€100,509 | +28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €176,278 | €178,971 | +€2,693 | +1.5% |
| Other operating charges | 640/8 | €27,048 | €33,622 | +€6,574 | +24.3% |
| Gross operating margin | 9900 | €143,948 | €133,490 | -€10,459 | -7.3% |
| Operating profit (loss) | 9901 | -€59,378 | -€79,104 | -€19,725 | -33.2% |
| Financial income | 75/76B | €3,489 | €4,463 | +€974 | +27.9% |
| Recurring financial income | 75 | €3,489 | €4,463 | +€974 | +27.9% |
| Financial charges | 65/66B | €102,367 | €117,525 | +€15,158 | +14.8% |
| Recurring financial charges | 65 | €102,367 | €117,525 | +€15,158 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | -€158,257 | -€192,166 | -€33,909 | -21.4% |
| Transfer from deferred taxes | 780 | €1,719 | €3,497 | +€1,778 | +103% |
| Income taxes | 67/77 | €1,070 | €595 | -€475 | -44.4% |
| Profit (loss) for the period | 9904 | -€157,608 | -€189,263 | -€31,656 | -20.1% |
| Transfer from tax-exempt reserves | 789 | €5,158 | €10,492 | +€5,334 | +103% |
| Profit (loss) for the period to be appropriated | 9905 | -€152,450 | -€178,771 | -€26,321 | -17.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.