Haystar: 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.
Haystar
Largest movements
- Tangible fixed assets +€4,423
up €4,423 (+447%), from €989 to €5,412
of which Furniture and vehicles: +€3,510
- Cash -€3,612
no longer reported in 2025 (was €3,612)
mainly Investment in fixed assets (net) (-€4,423) and Tax, wage and social debts (-€4,194)
- Current investments +€1,296
new in 2025: €1,296
- Stocks and contracts -€1,272
down €1,272 (-46.6%), from €2,731 to €1,459
- Profit (loss) carried forward +€6,747
up €6,747 (+11.7%), from -€57,467 to -€50,720
- Tax, wage and social debts -€4,194
down €4,194 (-15.3%), from €27,478 to €23,284
of which Remuneration and social security: -€7,682
- Trade debts -€1,816
down €1,816 (-31.7%), from €5,727 to €3,911
- Staff costs -€6,013
down €6,013 (-38.8%), from €15,506 to €9,493
- Financial charges -€482
down €482 (-51.8%), from €930 to €448
- Gross operating margin -€371
down €371 (-2.1%), from €17,382 to €17,011
- Other operating charges -€298
down €298 (-48.0%), from €621 to €323
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 | €7,332 | €8,167 | +€835 | +11.4% |
| Fixed assets | 21/28 | €989 | €5,412 | +€4,423 | +447% |
| Tangible fixed assets | 22/27 | €989 | €5,412 | +€4,423 | +447% |
| Land and buildings | 22 | - | €913 | +€913 | |
| Plant, machinery and equipment | 23 | €719 | €719 | = | 0.0% |
| Furniture and vehicles | 24 | €270 | €3,780 | +€3,510 | +1,300% |
| Current assets | 29/58 | €6,343 | €2,755 | -€3,588 | -56.6% |
| Stocks and contracts in progress | 3 | €2,731 | €1,459 | -€1,272 | -46.6% |
| Stocks | 30/36 | €2,731 | €1,459 | -€1,272 | -46.6% |
| Current investments | 50/53 | - | €1,296 | +€1,296 | |
| Cash at bank and in hand | 54/58 | €3,612 | - | -€3,612 | |
| Total equity and liabilities | 10/49 | €7,332 | €8,167 | +€835 | +11.4% |
| Equity | 10/15 | -€38,867 | -€32,120 | +€6,747 | +17.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,467 | -€50,720 | +€6,747 | +11.7% |
| Amounts payable | 17/49 | €46,199 | €40,287 | -€5,912 | -12.8% |
| Amounts payable within one year | 42/48 | €46,199 | €40,287 | -€5,912 | -12.8% |
| Financial debts | 43 | €762 | €793 | +€31 | +4.1% |
| Credit institutions | 430/8 | €762 | - | -€762 | |
| Other loans | 439 | - | €793 | +€793 | |
| Trade debts | 44 | €5,727 | €3,911 | -€1,816 | -31.7% |
| Suppliers | 440/4 | €5,727 | €3,911 | -€1,816 | -31.7% |
| Taxes, remuneration and social security | 45 | €27,478 | €23,284 | -€4,194 | -15.3% |
| Taxes | 450/3 | €12,745 | €16,233 | +€3,488 | +27.4% |
| Remuneration and social security | 454/9 | €14,733 | €7,051 | -€7,682 | -52.1% |
| Other amounts payable | 47/48 | €12,232 | €12,299 | +€67 | +0.5% |
| Remuneration, social security and pensions | 62 | €15,506 | €9,493 | -€6,013 | -38.8% |
| Other operating charges | 640/8 | €621 | €323 | -€298 | -48.0% |
| Gross operating margin | 9900 | €17,382 | €17,011 | -€371 | -2.1% |
| Operating profit (loss) | 9901 | €1,255 | €7,195 | +€5,940 | +473% |
| Financial charges | 65/66B | €930 | €448 | -€482 | -51.8% |
| Recurring financial charges | 65 | €930 | €448 | -€482 | -51.8% |
| Profit (loss) for the period before taxes | 9903 | €325 | €6,747 | +€6,422 | +1,976% |
| Profit (loss) for the period | 9904 | €325 | €6,747 | +€6,422 | +1,976% |
| Profit (loss) for the period to be appropriated | 9905 | €325 | €6,747 | +€6,422 | +1,976% |
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 16 October 2026 via checked.be.