IMMO HAYANI-HENRY: 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.
IMMO HAYANI-HENRY
Largest movements
- Current investments -€319,000
no longer reported in 2025 (was €319,000)
- Cash +€260,425
up €260,425 (+498%), from €52,277 to €312,702
mainly Current investments (+€319,000) and Depreciation (+€45,045)
- Tangible fixed assets -€45,045
down €45,045 (-9.9%), from €454,138 to €409,093
- Profit (loss) carried forward -€54,552
down €54,552 (-1,459%), from -€3,738 to -€58,289
- Debts after one year -€18,877
down €18,877 (-62.7%), from €30,101 to €11,224
- Current portion of long-term debt -€16,134
down €16,134 (-46.1%), from €35,010 to €18,877
- Reserves -€10,879
down €10,879 (-1.6%), from €677,587 to €666,709
of which Tax-exempt reserves: -€10,879
- Gross operating margin -€74,477
down €74,477, from €58,250 to -€16,227
- Depreciation -€55,708
down €55,708 (-55.3%), from €100,753 to €45,045
- Financial income -€2,894
down €2,894 (-40.9%), from €7,075 to €4,181
- Financial charges -€2,731
down €2,731 (-59.9%), from €4,559 to €1,828
- Taxes -€2,379
down €2,379 (-91.3%), from €2,606 to €227
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 | €871,612 | €767,019 | -€104,594 | -12.0% |
| Fixed assets | 21/28 | €454,163 | €409,118 | -€45,045 | -9.9% |
| Tangible fixed assets | 22/27 | €454,138 | €409,093 | -€45,045 | -9.9% |
| Land and buildings | 22 | €397,188 | €380,671 | -€16,516 | -4.2% |
| Plant, machinery and equipment | 23 | €34,115 | €28,422 | -€5,693 | -16.7% |
| Furniture and vehicles | 24 | €20,276 | €0 | -€20,276 | -100% |
| Other tangible fixed assets | 26 | €2,560 | €0 | -€2,560 | -100.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €417,449 | €357,901 | -€59,549 | -14.3% |
| Amounts receivable within one year | 40/41 | €44,130 | €42,327 | -€1,803 | -4.1% |
| Trade receivables | 40 | - | €385 | +€385 | |
| Other amounts receivable | 41 | €44,130 | €41,942 | -€2,188 | -5.0% |
| Current investments | 50/53 | €319,000 | - | -€319,000 | |
| Cash at bank and in hand | 54/58 | €52,277 | €312,702 | +€260,425 | +498% |
| Deferred charges and accrued income | 490/1 | €2,042 | €2,871 | +€829 | +40.6% |
| Total equity and liabilities | 10/49 | €871,612 | €767,019 | -€104,594 | -12.0% |
| Equity | 10/15 | €680,049 | €614,619 | -€65,430 | -9.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €677,587 | €666,709 | -€10,879 | -1.6% |
| Tax-exempt reserves | 132 | €388,505 | €377,627 | -€10,879 | -2.8% |
| Distributable reserves | 133 | €289,082 | €289,082 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,738 | -€58,289 | -€54,552 | -1,459% |
| Provisions and deferred taxes | 16 | €114,001 | €111,282 | -€2,720 | -2.4% |
| Deferred taxes | 168 | €114,001 | €111,282 | -€2,720 | -2.4% |
| Amounts payable | 17/49 | €77,561 | €41,117 | -€36,444 | -47.0% |
| Amounts payable after more than one year | 17 | €30,101 | €11,224 | -€18,877 | -62.7% |
| Financial debts | 170/4 | €30,101 | €11,224 | -€18,877 | -62.7% |
| Amounts payable within one year | 42/48 | €46,654 | €29,893 | -€16,761 | -35.9% |
| Current portion of amounts payable after more than one year | 42 | €35,010 | €18,877 | -€16,134 | -46.1% |
| Trade debts | 44 | €6,750 | €9,508 | +€2,758 | +40.9% |
| Suppliers | 440/4 | €6,750 | €9,508 | +€2,758 | +40.9% |
| Taxes, remuneration and social security | 45 | €2,498 | €350 | -€2,148 | -86.0% |
| Taxes | 450/3 | €2,498 | €350 | -€2,148 | -86.0% |
| Other amounts payable | 47/48 | €2,396 | €1,159 | -€1,237 | -51.6% |
| Accrued charges and deferred income | 492/3 | €806 | - | -€806 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,753 | €45,045 | -€55,708 | -55.3% |
| Other operating charges | 640/8 | €8,753 | €9,003 | +€251 | +2.9% |
| Gross operating margin | 9900 | €58,250 | -€16,227 | -€74,477 | |
| Operating profit (loss) | 9901 | -€51,255 | -€70,275 | -€19,020 | -37.1% |
| Financial income | 75/76B | €7,075 | €4,181 | -€2,894 | -40.9% |
| Recurring financial income | 75 | €7,075 | €4,181 | -€2,894 | -40.9% |
| Financial charges | 65/66B | €4,559 | €1,828 | -€2,731 | -59.9% |
| Recurring financial charges | 65 | €4,559 | €1,828 | -€2,731 | -59.9% |
| Profit (loss) for the period before taxes | 9903 | -€48,740 | -€67,923 | -€19,183 | -39.4% |
| Transfer from deferred taxes | 780 | €2,747 | €2,720 | -€28 | -1.0% |
| Income taxes | 67/77 | €2,606 | €227 | -€2,379 | -91.3% |
| Profit (loss) for the period | 9904 | -€48,599 | -€65,430 | -€16,832 | -34.6% |
| Transfer from tax-exempt reserves | 789 | €10,989 | €10,879 | -€110 | -1.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,610 | -€54,552 | -€16,942 | -45.0% |
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 31 October 2026 via checked.be.