HAXON: 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.
HAXON
Largest movements
- Receivables within one year +€47,098
up €47,098 (+78.7%), from €59,844 to €106,942
of which Other amounts receivable: +€60,866
- Deferred charges and accrued income -€27,185
down €27,185 (-99.4%), from €27,361 to €175
- Tangible fixed assets -€21,082
down €21,082 (-39.6%), from €53,276 to €32,193
of which Furniture and vehicles: -€20,033
- Profit (loss) carried forward +€20,810
up €20,810 (+21.7%), from €95,865 to €116,675
- Current portion of long-term debt -€15,271
no longer reported in 2025 (was €15,271)
- Trade debts -€5,480
down €5,480 (-99.7%), from €5,495 to €15
- Taxes -€7,908
down €7,908 (-41.8%), from €18,936 to €11,029
- Gross operating margin +€4,229
up €4,229 (+7.6%), from €55,315 to €59,543
- Other operating charges +€1,133
up €1,133 (+638%), from €178 to €1,311
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 | €153,113 | €153,172 | +€59 | 0.0% |
| Fixed assets | 21/28 | €53,276 | €32,193 | -€21,082 | -39.6% |
| Tangible fixed assets | 22/27 | €53,276 | €32,193 | -€21,082 | -39.6% |
| Plant, machinery and equipment | 23 | €8,248 | €7,198 | -€1,049 | -12.7% |
| Furniture and vehicles | 24 | €45,028 | €24,995 | -€20,033 | -44.5% |
| Current assets | 29/58 | €99,837 | €120,979 | +€21,141 | +21.2% |
| Amounts receivable within one year | 40/41 | €59,844 | €106,942 | +€47,098 | +78.7% |
| Trade receivables | 40 | €45,076 | €31,308 | -€13,768 | -30.5% |
| Other amounts receivable | 41 | €14,768 | €75,634 | +€60,866 | +412% |
| Cash at bank and in hand | 54/58 | €12,633 | €13,861 | +€1,229 | +9.7% |
| Deferred charges and accrued income | 490/1 | €27,361 | €175 | -€27,185 | -99.4% |
| Total equity and liabilities | 10/49 | €153,113 | €153,172 | +€59 | 0.0% |
| Equity | 10/15 | €114,640 | €135,450 | +€20,810 | +18.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €175 | €175 | = | 0.0% |
| Non-distributable reserves | 130/1 | €175 | €175 | = | 0.0% |
| Reserves not available under the articles | 1311 | €175 | €175 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,865 | €116,675 | +€20,810 | +21.7% |
| Amounts payable | 17/49 | €38,473 | €17,722 | -€20,751 | -53.9% |
| Amounts payable within one year | 42/48 | €38,473 | €17,722 | -€20,751 | -53.9% |
| Current portion of amounts payable after more than one year | 42 | €15,271 | - | -€15,271 | |
| Trade debts | 44 | €5,495 | €15 | -€5,480 | -99.7% |
| Suppliers | 440/4 | €5,495 | €15 | -€5,480 | -99.7% |
| Taxes, remuneration and social security | 45 | €17,707 | €17,707 | = | 0.0% |
| Taxes | 450/3 | €17,707 | €17,707 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,625 | €25,595 | -€30 | -0.1% |
| Other operating charges | 640/8 | €178 | €1,311 | +€1,133 | +638% |
| Gross operating margin | 9900 | €55,315 | €59,543 | +€4,229 | +7.6% |
| Operating profit (loss) | 9901 | €29,512 | €32,637 | +€3,125 | +10.6% |
| Financial income | 75/76B | €5 | €25 | +€19 | +356% |
| Recurring financial income | 75 | €5 | €25 | +€19 | +356% |
| Financial charges | 65/66B | €1,089 | €823 | -€266 | -24.4% |
| Recurring financial charges | 65 | €1,089 | €823 | -€266 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | €28,428 | €31,839 | +€3,410 | +12.0% |
| Income taxes | 67/77 | €18,936 | €11,029 | -€7,908 | -41.8% |
| Profit (loss) for the period | 9904 | €9,492 | €20,810 | +€11,318 | +119% |
| Profit (loss) for the period to be appropriated | 9905 | €9,492 | €20,810 | +€11,318 | +119% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.