A.hln: 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.
A.hln
Largest movements
- Intangible fixed assets +€68,526
new in 2025: €68,526
- Receivables within one year -€37,380
no longer reported in 2025 (was €37,380)
- Deferred charges and accrued income +€12,639
up €12,639 (+677.0%), from €1,867 to €14,506
- Cash +€4,686
up €4,686 (+56.7%), from €8,271 to €12,957
mainly Receivables within one year (+€37,380) and Other debts (+€26,955)
- Reserves +€51,564
new in 2025: €51,564
- Profit (loss) carried forward -€30,580
no longer reported in 2025 (was €30,580)
- Other debts +€26,955
new in 2025: €26,955
- Trade debts -€5,324
down €5,324 (-62.5%), from €8,522 to €3,198
- Contributions +€5,000
new in 2025: €5,000
- Gross operating margin -€7,713
down €7,713 (-18.5%), from €41,805 to €34,092
- Depreciation +€5,474
new in 2025: €5,474
- Other operating charges -€2,873
down €2,873 (-84.1%), from €3,415 to €542
- Taxes -€2,424
down €2,424 (-28.8%), from €8,416 to €5,992
- Financial income -€1,074
down €1,074 (-84.2%), from €1,275 to €201
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 | €47,518 | €95,989 | +€48,471 | +102.0% |
| Fixed assets | 21/28 | - | €68,526 | +€68,526 | |
| Intangible fixed assets | 21 | - | €68,526 | +€68,526 | |
| Current assets | 29/58 | €47,518 | €27,463 | -€20,055 | -42.2% |
| Amounts receivable within one year | 40/41 | €37,380 | - | -€37,380 | |
| Other amounts receivable | 41 | €37,380 | - | -€37,380 | |
| Cash at bank and in hand | 54/58 | €8,271 | €12,957 | +€4,686 | +56.7% |
| Deferred charges and accrued income | 490/1 | €1,867 | €14,506 | +€12,639 | +677.0% |
| Total equity and liabilities | 10/49 | €47,518 | €95,989 | +€48,471 | +102.0% |
| Equity | 10/15 | €30,580 | €56,564 | +€25,984 | +85.0% |
| Contributions | 10/11 | - | €5,000 | +€5,000 | |
| Reserves | 13 | - | €51,564 | +€51,564 | |
| Distributable reserves | 133 | - | €51,564 | +€51,564 | |
| Profit (loss) carried forward | 14 | €30,580 | - | -€30,580 | |
| Amounts payable | 17/49 | €16,938 | €39,425 | +€22,487 | +132.8% |
| Amounts payable within one year | 42/48 | €16,938 | €39,425 | +€22,487 | +132.8% |
| Trade debts | 44 | €8,522 | €3,198 | -€5,324 | -62.5% |
| Suppliers | 440/4 | €8,522 | €3,198 | -€5,324 | -62.5% |
| Taxes, remuneration and social security | 45 | €8,416 | €9,272 | +€856 | +10.2% |
| Taxes | 450/3 | €8,416 | €6,264 | -€2,152 | -25.6% |
| Remuneration and social security | 454/9 | - | €3,008 | +€3,008 | |
| Other amounts payable | 47/48 | - | €26,955 | +€26,955 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,474 | +€5,474 | |
| Other operating charges | 640/8 | €3,415 | €542 | -€2,873 | -84.1% |
| Gross operating margin | 9900 | €41,805 | €34,092 | -€7,713 | -18.5% |
| Operating profit (loss) | 9901 | €38,390 | €28,076 | -€10,315 | -26.9% |
| Financial income | 75/76B | €1,275 | €201 | -€1,074 | -84.2% |
| Recurring financial income | 75 | €1,275 | €201 | -€1,074 | -84.2% |
| Financial charges | 65/66B | €669 | €1,301 | +€632 | +94.5% |
| Recurring financial charges | 65 | €669 | €1,301 | +€632 | +94.5% |
| Profit (loss) for the period before taxes | 9903 | €38,996 | €26,976 | -€12,020 | -30.8% |
| Income taxes | 67/77 | €8,416 | €5,992 | -€2,424 | -28.8% |
| Profit (loss) for the period | 9904 | €30,580 | €20,984 | -€9,596 | -31.4% |
| Profit (loss) for the period to be appropriated | 9905 | €30,580 | €20,984 | -€9,596 | -31.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.