HAXLEY’S GROUP: what changed
HAXLEY’S GROUP
Largest movements
- Tangible fixed assets -€14,912
down €14,912 (-38.7%), from €38,571 to €23,660
of which Land and buildings: -€12,608
- Receivables within one year -€6,136
down €6,136 (-66.0%), from €9,291 to €3,154
of which Trade receivables: -€3,335
- Cash +€1,971
up €1,971 (+210%), from €939 to €2,910
mainly Investment in fixed assets (net) (+€9,579) and Receivables within one year (+€6,136)
- Profit (loss) carried forward -€15,231
down €15,231 (-25.7%), from -€59,216 to -€74,447
- Other debts -€7,157
down €7,157 (-7.9%), from €90,197 to €83,040
- Trade debts +€2,083
up €2,083 (+86.9%), from €2,398 to €4,481
- Tax, wage and social debts +€1,606
new in 2025: €1,606
- Gross operating margin +€28,704
up €28,704 (+94.0%), from -€30,525 to -€1,822
- Other operating charges +€6,677
up €6,677 (+743%), from €899 to €7,576
- Depreciation -€1,460
down €1,460 (-21.5%), from €6,792 to €5,332
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,107 | €30,408 | -€18,698 | -38.1% |
| Fixed assets | 21/28 | €38,571 | €23,660 | -€14,912 | -38.7% |
| Tangible fixed assets | 22/27 | €38,571 | €23,660 | -€14,912 | -38.7% |
| Land and buildings | 22 | €31,381 | €18,773 | -€12,608 | -40.2% |
| Furniture and vehicles | 24 | €7,190 | €4,887 | -€2,303 | -32.0% |
| Current assets | 29/58 | €10,535 | €6,749 | -€3,787 | -35.9% |
| Amounts receivable within one year | 40/41 | €9,291 | €3,154 | -€6,136 | -66.0% |
| Trade receivables | 40 | €6,138 | €2,803 | -€3,335 | -54.3% |
| Other amounts receivable | 41 | €3,153 | €351 | -€2,801 | -88.9% |
| Cash at bank and in hand | 54/58 | €939 | €2,910 | +€1,971 | +210% |
| Deferred charges and accrued income | 490/1 | €306 | €684 | +€378 | +124% |
| Total equity and liabilities | 10/49 | €49,107 | €30,408 | -€18,698 | -38.1% |
| Equity | 10/15 | -€43,488 | -€58,719 | -€15,231 | -35.0% |
| Contributions | 10/11 | €124 | €124 | = | 0.0% |
| Reserves | 13 | €15,604 | €15,604 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €602 | €602 | = | 0.0% |
| Distributable reserves | 133 | €13,142 | €13,142 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,216 | -€74,447 | -€15,231 | -25.7% |
| Amounts payable | 17/49 | €92,595 | €89,127 | -€3,467 | -3.7% |
| Amounts payable within one year | 42/48 | €92,595 | €89,127 | -€3,467 | -3.7% |
| Trade debts | 44 | €2,398 | €4,481 | +€2,083 | +86.9% |
| Suppliers | 440/4 | €2,398 | €4,481 | +€2,083 | +86.9% |
| Taxes, remuneration and social security | 45 | - | €1,606 | +€1,606 | |
| Taxes | 450/3 | - | €1,606 | +€1,606 | |
| Other amounts payable | 47/48 | €90,197 | €83,040 | -€7,157 | -7.9% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,792 | €5,332 | -€1,460 | -21.5% |
| Other operating charges | 640/8 | €899 | €7,576 | +€6,677 | +743% |
| Gross operating margin | 9900 | -€30,525 | -€1,822 | +€28,704 | +94.0% |
| Operating profit (loss) | 9901 | -€38,216 | -€14,730 | +€23,486 | +61.5% |
| Financial charges | 65/66B | €338 | €501 | +€163 | +48.0% |
| Recurring financial charges | 65 | €338 | €501 | +€163 | +48.0% |
| Profit (loss) for the period before taxes | 9903 | -€38,555 | -€15,231 | +€23,324 | +60.5% |
| Profit (loss) for the period | 9904 | -€38,555 | -€15,231 | +€23,324 | +60.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,555 | -€15,231 | +€23,324 | +60.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.