Havia: what changed
Havia
Largest movements
- Receivables within one year +€682
up €682 (+74.4%), from €916 to €1,598
of which Other amounts receivable: +€343
- Cash +€137
up €137 (+6.7%), from €2,046 to €2,183
mainly Debts after one year (+€2,634) and Trade debts (+€358)
- Debts after one year +€2,634
up €2,634 (+12.3%), from €21,482 to €24,116
- Profit (loss) carried forward -€2,173
down €2,173 (-5.3%), from -€41,009 to -€43,183
- Trade debts +€358
up €358 (+29.1%), from €1,230 to €1,588
- Depreciation -€1,013
no longer reported in 2025 (was €1,013)
- Gross operating margin +€662
up €662 (+26.7%), from -€2,481 to -€1,819
- Other operating charges -€73
down €73 (-27.2%), from €268 to €195
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,962 | €3,782 | +€820 | +27.7% |
| Current assets | 29/58 | €2,962 | €3,782 | +€820 | +27.7% |
| Amounts receivable within one year | 40/41 | €916 | €1,598 | +€682 | +74.4% |
| Trade receivables | 40 | €480 | €819 | +€339 | +70.5% |
| Other amounts receivable | 41 | €436 | €779 | +€343 | +78.8% |
| Cash at bank and in hand | 54/58 | €2,046 | €2,183 | +€137 | +6.7% |
| Total equity and liabilities | 10/49 | €2,962 | €3,782 | +€820 | +27.7% |
| Equity | 10/15 | -€19,749 | -€21,923 | -€2,173 | -11.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €8,860 | €8,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,009 | -€43,183 | -€2,173 | -5.3% |
| Amounts payable | 17/49 | €22,712 | €25,704 | +€2,993 | +13.2% |
| Amounts payable after more than one year | 17 | €21,482 | €24,116 | +€2,634 | +12.3% |
| Other amounts payable | 178/9 | €21,482 | €24,116 | +€2,634 | +12.3% |
| Amounts payable within one year | 42/48 | €1,230 | €1,588 | +€358 | +29.1% |
| Trade debts | 44 | €1,230 | €1,588 | +€358 | +29.1% |
| Suppliers | 440/4 | €1,230 | €1,588 | +€358 | +29.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,013 | - | -€1,013 | |
| Other operating charges | 640/8 | €268 | €195 | -€73 | -27.2% |
| Gross operating margin | 9900 | -€2,481 | -€1,819 | +€662 | +26.7% |
| Operating profit (loss) | 9901 | -€3,761 | -€2,014 | +€1,748 | +46.5% |
| Financial charges | 65/66B | €174 | €160 | -€14 | -8.0% |
| Recurring financial charges | 65 | €174 | €160 | -€14 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,935 | -€2,173 | +€1,762 | +44.8% |
| Profit (loss) for the period | 9904 | -€3,935 | -€2,173 | +€1,762 | +44.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,935 | -€2,173 | +€1,762 | +44.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.