HET HAARPALEIS: what changed
Two fiscal 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.
HET HAARPALEIS
Largest movements
- Cash +€19,790
up €19,790 (+29.4%), from €67,271 to €87,060
mainly Other debts (+€23,559) and Net result for the year (+€17,929)
- Tangible fixed assets -€12,806
down €12,806 (-20.7%), from €61,941 to €49,136
of which Land and buildings: -€6,922
- Deferred charges and accrued income +€2,489
up €2,489 (+143.5%), from €1,734 to €4,223
- Other debts +€23,559
up €23,559 (+516.0%), from €4,566 to €28,124
- Debts after one year -€6,176
down €6,176 (-56.3%), from €10,964 to €4,788
- Reserves -€5,358
down €5,358 (-6.1%), from €87,324 to €81,966
- Tax, wage and social debts -€3,643
down €3,643 (-28.2%), from €12,935 to €9,293
of which Taxes: -€5,664
- Gross operating margin -€5,706
down €5,706 (-6.2%), from €92,617 to €86,911
- Staff costs +€5,588
up €5,588 (+14.0%), from €39,980 to €45,568
- Taxes -€2,757
down €2,757 (-27.4%), from €10,044 to €7,287
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 | €136,224 | €145,166 | +€8,942 | +6.6% |
| Fixed assets | 21/28 | €62,541 | €49,736 | -€12,806 | -20.5% |
| Tangible fixed assets | 22/27 | €61,941 | €49,136 | -€12,806 | -20.7% |
| Land and buildings | 22 | €42,672 | €35,750 | -€6,922 | -16.2% |
| Plant, machinery and equipment | 23 | €2,440 | €2,929 | +€489 | +20.0% |
| Furniture and vehicles | 24 | €16,830 | €10,457 | -€6,372 | -37.9% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €73,682 | €95,430 | +€21,748 | +29.5% |
| Stocks and contracts in progress | 3 | €4,678 | €3,915 | -€762 | -16.3% |
| Stocks | 30/36 | €4,678 | €3,915 | -€762 | -16.3% |
| Amounts receivable within one year | 40/41 | €0 | €231 | +€231 | |
| Trade receivables | 40 | €0 | €19 | +€19 | |
| Other amounts receivable | 41 | - | €213 | +€213 | |
| Cash at bank and in hand | 54/58 | €67,271 | €87,060 | +€19,790 | +29.4% |
| Deferred charges and accrued income | 490/1 | €1,734 | €4,223 | +€2,489 | +143.5% |
| Total equity and liabilities | 10/49 | €136,224 | €145,166 | +€8,942 | +6.6% |
| Equity | 10/15 | €99,724 | €94,366 | -€5,358 | -5.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €87,324 | €81,966 | -€5,358 | -6.1% |
| Distributable reserves | 133 | €87,324 | €81,966 | -€5,358 | -6.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €36,500 | €50,800 | +€14,300 | +39.2% |
| Amounts payable after more than one year | 17 | €10,964 | €4,788 | -€6,176 | -56.3% |
| Financial debts | 170/4 | €10,964 | €4,788 | -€6,176 | -56.3% |
| Amounts payable within one year | 42/48 | €25,536 | €46,012 | +€20,476 | +80.2% |
| Current portion of amounts payable after more than one year | 42 | €5,946 | €6,176 | +€230 | +3.9% |
| Trade debts | 44 | €2,090 | €2,419 | +€330 | +15.8% |
| Suppliers | 440/4 | €2,090 | €2,419 | +€330 | +15.8% |
| Taxes, remuneration and social security | 45 | €12,935 | €9,293 | -€3,643 | -28.2% |
| Taxes | 450/3 | €11,798 | €6,133 | -€5,664 | -48.0% |
| Remuneration and social security | 454/9 | €1,138 | €3,160 | +€2,022 | +177.7% |
| Other amounts payable | 47/48 | €4,566 | €28,124 | +€23,559 | +516.0% |
| Remuneration, social security and pensions | 62 | €39,980 | €45,568 | +€5,588 | +14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,150 | €13,797 | -€353 | -2.5% |
| Other operating charges | 640/8 | €1,406 | €1,333 | -€73 | -5.2% |
| Gross operating margin | 9900 | €92,617 | €86,911 | -€5,706 | -6.2% |
| Operating profit (loss) | 9901 | €37,081 | €26,214 | -€10,868 | -29.3% |
| Financial income | 75/76B | €40 | €7 | -€33 | -82.0% |
| Recurring financial income | 75 | €40 | €7 | -€33 | -82.0% |
| Financial charges | 65/66B | €1,392 | €1,005 | -€387 | -27.8% |
| Recurring financial charges | 65 | €1,392 | €1,005 | -€387 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | €35,729 | €25,216 | -€10,513 | -29.4% |
| Income taxes | 67/77 | €10,044 | €7,287 | -€2,757 | -27.4% |
| Profit (loss) for the period | 9904 | €25,685 | €17,929 | -€7,757 | -30.2% |
| Profit (loss) for the period to be appropriated | 9905 | €25,685 | €17,929 | -€7,757 | -30.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.