Villa Haletra: 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.
Villa Haletra
Largest movements
- Receivables within one year -€229,506
down €229,506 (-80.7%), from €284,514 to €55,008
of which Trade receivables: -€227,543
- Cash +€216,455
up €216,455 (+77,719%), from €279 to €216,733
mainly Debts within one year (+€311,591) and Receivables within one year (+€229,506)
- Tangible fixed assets -€175,221
down €175,221 (-3.2%), from €5.5m to €5.4m
- Profit (loss) carried forward -€486,208
down €486,208 (-7.3%), from -€6.6m to -€7.1m
- Debts within one year +€311,591
up €311,591 (+2.4%), from €13.2m to €13.6m
- Gross operating margin +€2.7m
up €2.7m (+95.6%), from -€2.8m to -€125,081
- Financial income -€748,296
down €748,296 (-100.0%), from €748,310 to €14
- Other operating charges +€45,226
up €45,226 (+351%), from €12,901 to €58,127
- Financial charges -€38,296
down €38,296 (-29.7%), from €128,762 to €90,466
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 | €6,665,101 | €6,479,262 | -€185,839 | -2.8% |
| Fixed assets | 21/28 | €5,526,896 | €5,351,675 | -€175,221 | -3.2% |
| Tangible fixed assets | 22/27 | €5,526,896 | €5,351,675 | -€175,221 | -3.2% |
| Land and buildings | 22 | €5,526,896 | €5,351,675 | -€175,221 | -3.2% |
| Current assets | 29/58 | €1,138,205 | €1,127,587 | -€10,618 | -0.9% |
| Stocks and contracts in progress | 3 | €851,200 | €851,200 | = | 0.0% |
| Stocks | 30/36 | €851,200 | €851,200 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €284,514 | €55,008 | -€229,506 | -80.7% |
| Trade receivables | 40 | €282,551 | €55,008 | -€227,543 | -80.5% |
| Other amounts receivable | 41 | €1,963 | €0 | -€1,963 | -100% |
| Cash at bank and in hand | 54/58 | €279 | €216,733 | +€216,455 | +77,719% |
| Deferred charges and accrued income | 490/1 | €2,212 | €4,646 | +€2,434 | +110% |
| Total equity and liabilities | 10/49 | €6,665,101 | €6,479,262 | -€185,839 | -2.8% |
| Equity | 10/15 | -€6,631,378 | -€7,117,587 | -€486,208 | -7.3% |
| Profit (loss) carried forward | 14 | -€6,631,378 | -€7,117,587 | -€486,208 | -7.3% |
| Investment grants | 15 | €0 | - | = | |
| Amounts payable | 17/49 | €13,296,479 | €13,596,849 | +€300,370 | +2.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €13,245,571 | €13,557,162 | +€311,591 | +2.4% |
| Financial debts | 43 | €642,446 | €303,574 | -€338,872 | -52.7% |
| Credit institutions | 430/8 | €642,446 | €303,574 | -€338,872 | -52.7% |
| Trade debts | 44 | €0 | €29,960 | +€29,960 | |
| Suppliers | 440/4 | €0 | €29,960 | +€29,960 | |
| Taxes, remuneration and social security | 45 | €24,436 | €28,317 | +€3,881 | +15.9% |
| Taxes | 450/3 | €24,436 | €28,317 | +€3,881 | +15.9% |
| Accrued charges and deferred income | 492/3 | €50,908 | €39,686 | -€11,222 | -22.0% |
| Non-recurring operating income | 76A | €21,146 | €0 | -€21,146 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €175,221 | €175,221 | = | 0.0% |
| Other operating charges | 640/8 | €12,901 | €58,127 | +€45,226 | +351% |
| Non-recurring operating charges | 66A | €0 | €37,327 | +€37,327 | |
| Gross operating margin | 9900 | -€2,812,361 | -€125,081 | +€2.7m | +95.6% |
| Operating profit (loss) | 9901 | -€3,000,484 | -€395,756 | +€2.6m | +86.8% |
| Financial income | 75/76B | €748,310 | €14 | -€748,296 | -100.0% |
| Recurring financial income | 75 | €748,310 | €14 | -€748,296 | -100.0% |
| Financial charges | 65/66B | €128,762 | €90,466 | -€38,296 | -29.7% |
| Recurring financial charges | 65 | €128,762 | €90,466 | -€38,296 | -29.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,380,936 | -€486,208 | +€1.9m | +79.6% |
| Profit (loss) for the period | 9904 | -€2,380,936 | -€486,208 | +€1.9m | +79.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,380,936 | -€486,208 | +€1.9m | +79.6% |
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 26 October 2026 via checked.be.