HAZEWIND: 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.
HAZEWIND
Largest movements
- Cash +€5,674
up €5,674 (+187.7%), from €3,023 to €8,697
mainly Net result for the year (+€16,629) and Depreciation (+€1,465)
- Receivables within one year +€3,536
up €3,536 (+29.1%), from €12,142 to €15,678
of which Trade receivables: +€3,808
- Tangible fixed assets -€1,465
down €1,465 (-17.2%), from €8,496 to €7,031
of which Land and buildings: -€1,168
- Stocks and contracts -€1,000
down €1,000 (-25.0%), from €4,000 to €3,000
- Profit (loss) carried forward +€16,629
up €16,629 (+55.5%), from -€29,964 to -€13,335
- Other debts -€8,891
down €8,891 (-29.3%), from €30,340 to €21,449
- Trade debts -€993
down €993 (-55.0%), from €1,805 to €812
- Gross operating margin +€20,038
up €20,038, from -€1,558 to €18,480
- Other operating charges -€1,036
down €1,036 (-73.2%), from €1,416 to €380
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.
Cash bridge derived
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 | €28,046 | €34,791 | +€6,745 | +24.1% |
| Fixed assets | 21/28 | €8,881 | €7,416 | -€1,465 | -16.5% |
| Tangible fixed assets | 22/27 | €8,496 | €7,031 | -€1,465 | -17.2% |
| Land and buildings | 22 | €8,027 | €6,859 | -€1,168 | -14.6% |
| Furniture and vehicles | 24 | €469 | €172 | -€297 | -63.3% |
| Financial fixed assets | 28 | €385 | €385 | = | 0.0% |
| Current assets | 29/58 | €19,165 | €27,375 | +€8,210 | +42.8% |
| Stocks and contracts in progress | 3 | €4,000 | €3,000 | -€1,000 | -25.0% |
| Stocks | 30/36 | €4,000 | €3,000 | -€1,000 | -25.0% |
| Amounts receivable within one year | 40/41 | €12,142 | €15,678 | +€3,536 | +29.1% |
| Trade receivables | 40 | €10,003 | €13,811 | +€3,808 | +38.1% |
| Other amounts receivable | 41 | €2,139 | €1,867 | -€272 | -12.7% |
| Cash at bank and in hand | 54/58 | €3,023 | €8,697 | +€5,674 | +187.7% |
| Total equity and liabilities | 10/49 | €28,046 | €34,791 | +€6,745 | +24.1% |
| Equity | 10/15 | -€4,099 | €12,529 | +€16,629 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €7,273 | €7,273 | = | 0.0% |
| Distributable reserves | 133 | €7,273 | €7,273 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,964 | -€13,335 | +€16,629 | +55.5% |
| Amounts payable | 17/49 | €32,145 | €22,261 | -€9,883 | -30.7% |
| Amounts payable within one year | 42/48 | €32,145 | €22,261 | -€9,883 | -30.7% |
| Trade debts | 44 | €1,805 | €812 | -€993 | -55.0% |
| Suppliers | 440/4 | €1,805 | €812 | -€993 | -55.0% |
| Other amounts payable | 47/48 | €30,340 | €21,449 | -€8,891 | -29.3% |
| Non-recurring operating income | 76A | - | €4,566 | +€4,566 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,465 | €1,465 | = | 0.0% |
| Other operating charges | 640/8 | €1,416 | €380 | -€1,036 | -73.2% |
| Gross operating margin | 9900 | -€1,558 | €18,480 | +€20,038 | |
| Operating profit (loss) | 9901 | -€4,439 | €16,635 | +€21,074 | |
| Financial income | 75/76B | €169 | €33 | -€136 | -80.6% |
| Recurring financial income | 75 | €169 | €33 | -€136 | -80.6% |
| Financial charges | 65/66B | €38 | €40 | +€2 | +4.7% |
| Recurring financial charges | 65 | €38 | €40 | +€2 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,308 | €16,629 | +€20,936 | |
| Profit (loss) for the period | 9904 | -€4,308 | €16,629 | +€20,936 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,308 | €16,629 | +€20,936 |
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 11 October 2026 via checked.be.