Haxa Constructions: 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.
Haxa Constructions
Largest movements
- Intangible fixed assets +€7,866
new in 2025: €7,866
- Cash +€5,796
new in 2025: €5,796
mainly Trade debts (+€15,348) and Depreciation (+€2,327)
- Receivables within one year +€1,686
up €1,686 (+11.0%), from €15,341 to €17,027
of which Other amounts receivable: +€994
- Current investments -€744
no longer reported in 2025 (was €744)
- Formation expenses -€361
down €361 (-33.3%), from €1,082 to €722
- Trade debts +€15,348
new in 2025: €15,348
- Profit (loss) carried forward -€2,994
down €2,994 (-29.4%), from €10,189 to €7,194
- Tax, wage and social debts +€1,890
up €1,890 (+634%), from €298 to €2,188
- Turnover +€203,127
up €203,127 (+683%), from €29,761 to €232,888
- Purchases and services +€127,325
up €127,325 (+720%), from €17,679 to €145,004
- Staff costs +€83,611
up €83,611 (+9,351%), from €894 to €84,505
- Gross operating margin +€77,102
up €77,102 (+638%), from €12,082 to €89,184
- Taxes +€2,950
new in 2025: €2,950
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 | €17,168 | €31,411 | +€14,243 | +83.0% |
| Formation expenses | 20 | €1,082 | €722 | -€361 | -33.3% |
| Fixed assets | 21/28 | - | €7,866 | +€7,866 | |
| Intangible fixed assets | 21 | - | €7,866 | +€7,866 | |
| Current assets | 29/58 | €16,085 | €22,823 | +€6,738 | +41.9% |
| Amounts receivable within one year | 40/41 | €15,341 | €17,027 | +€1,686 | +11.0% |
| Trade receivables | 40 | €14,265 | €14,958 | +€693 | +4.9% |
| Other amounts receivable | 41 | €1,076 | €2,070 | +€994 | +92.4% |
| Current investments | 50/53 | €744 | - | -€744 | |
| Cash at bank and in hand | 54/58 | - | €5,796 | +€5,796 | |
| Total equity and liabilities | 10/49 | €17,168 | €31,411 | +€14,243 | +83.0% |
| Equity | 10/15 | €16,870 | €13,875 | -€2,994 | -17.7% |
| Contributions | 10/11 | €6,681 | €6,681 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,189 | €7,194 | -€2,994 | -29.4% |
| Amounts payable | 17/49 | €298 | €17,535 | +€17,237 | +5,784% |
| Amounts payable within one year | 42/48 | €298 | €17,535 | +€17,237 | +5,784% |
| Trade debts | 44 | - | €15,348 | +€15,348 | |
| Suppliers | 440/4 | - | €15,348 | +€15,348 | |
| Taxes, remuneration and social security | 45 | €298 | €2,188 | +€1,890 | +634% |
| Remuneration and social security | 454/9 | €298 | €2,188 | +€1,890 | +634% |
| Turnover | 70 | €29,761 | €232,888 | +€203,127 | +683% |
| Non-recurring operating income | 76A | - | €1,300 | +€1,300 | |
| Goods, raw materials, services and sundry goods | 60/61 | €17,679 | €145,004 | +€127,325 | +720% |
| Remuneration, social security and pensions | 62 | €894 | €84,505 | +€83,611 | +9,351% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,327 | +€2,327 | |
| Other operating charges | 640/8 | €517 | €258 | -€259 | -50.1% |
| Gross operating margin | 9900 | €12,082 | €89,184 | +€77,102 | +638% |
| Operating profit (loss) | 9901 | €10,671 | €2,094 | -€8,577 | -80.4% |
| Financial charges | 65/66B | €483 | €2,138 | +€1,655 | +343% |
| Recurring financial charges | 65 | €483 | €2,138 | +€1,655 | +343% |
| Profit (loss) for the period before taxes | 9903 | €10,189 | -€44 | -€10,232 | |
| Income taxes | 67/77 | - | €2,950 | +€2,950 | |
| Profit (loss) for the period | 9904 | €10,189 | -€2,994 | -€13,183 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,189 | -€2,994 | -€13,183 |
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 13 October 2026 via checked.be.