CHRISTOPHE HASTIR: what changed
CHRISTOPHE HASTIR
Largest movements
- Cash +€67,683
up €67,683 (+251%), from €26,979 to €94,662
mainly Net result for the year (+€50,342) and Stocks and contracts (+€30,406)
- Stocks and contracts -€30,406
down €30,406 (-20.8%), from €146,275 to €115,869
- Receivables within one year +€18,580
up €18,580 (+116%), from €15,986 to €34,566
of which Trade receivables: +€15,123
- Tangible fixed assets -€10,543
down €10,543 (-4.1%), from €256,275 to €245,732
of which Land and buildings: -€10,715
- Reserves +€50,340
up €50,340 (+26.9%), from €187,080 to €237,420
- Debts after one year -€15,627
down €15,627 (-11.7%), from €133,422 to €117,794
- Tax, wage and social debts +€13,953
up €13,953 (+44.0%), from €31,679 to €45,632
of which Taxes: +€18,616
- Trade debts -€5,843
down €5,843 (-34.5%), from €16,944 to €11,101
- Gross operating margin +€94,968
up €94,968 (+51.0%), from €186,182 to €281,150
- Staff costs +€51,071
up €51,071 (+39.0%), from €130,837 to €181,908
- Taxes +€10,860
up €10,860 (+144%), from €7,546 to €18,406
- Depreciation +€3,158
up €3,158 (+21.1%), from €14,933 to €18,091
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 | €449,501 | €494,836 | +€45,335 | +10.1% |
| Fixed assets | 21/28 | €257,224 | €246,681 | -€10,543 | -4.1% |
| Tangible fixed assets | 22/27 | €256,275 | €245,732 | -€10,543 | -4.1% |
| Land and buildings | 22 | €227,768 | €217,053 | -€10,715 | -4.7% |
| Plant, machinery and equipment | 23 | €10,100 | €12,305 | +€2,205 | +21.8% |
| Furniture and vehicles | 24 | €18,406 | €16,374 | -€2,033 | -11.0% |
| Financial fixed assets | 28 | €950 | €950 | = | 0.0% |
| Current assets | 29/58 | €192,277 | €248,155 | +€55,878 | +29.1% |
| Stocks and contracts in progress | 3 | €146,275 | €115,869 | -€30,406 | -20.8% |
| Stocks | 30/36 | €146,275 | €115,869 | -€30,406 | -20.8% |
| Amounts receivable within one year | 40/41 | €15,986 | €34,566 | +€18,580 | +116% |
| Trade receivables | 40 | €12,707 | €27,830 | +€15,123 | +119% |
| Other amounts receivable | 41 | €3,278 | €6,736 | +€3,457 | +105% |
| Cash at bank and in hand | 54/58 | €26,979 | €94,662 | +€67,683 | +251% |
| Deferred charges and accrued income | 490/1 | €3,037 | €3,058 | +€22 | +0.7% |
| Total equity and liabilities | 10/49 | €449,501 | €494,836 | +€45,335 | +10.1% |
| Equity | 10/15 | €195,286 | €245,628 | +€50,342 | +25.8% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €187,080 | €237,420 | +€50,340 | +26.9% |
| Distributable reserves | 133 | €187,080 | €237,420 | +€50,340 | +26.9% |
| Profit (loss) carried forward | 14 | €146 | €148 | +€2 | +1.3% |
| Amounts payable | 17/49 | €254,215 | €249,208 | -€5,007 | -2.0% |
| Amounts payable after more than one year | 17 | €133,422 | €117,794 | -€15,627 | -11.7% |
| Financial debts | 170/4 | €133,422 | €117,794 | -€15,627 | -11.7% |
| Amounts payable within one year | 42/48 | €120,530 | €130,514 | +€9,984 | +8.3% |
| Current portion of amounts payable after more than one year | 42 | €15,295 | €15,627 | +€332 | +2.2% |
| Trade debts | 44 | €16,944 | €11,101 | -€5,843 | -34.5% |
| Suppliers | 440/4 | €16,944 | €11,101 | -€5,843 | -34.5% |
| Taxes, remuneration and social security | 45 | €31,679 | €45,632 | +€13,953 | +44.0% |
| Taxes | 450/3 | €11,150 | €29,766 | +€18,616 | +167% |
| Remuneration and social security | 454/9 | €20,528 | €15,865 | -€4,663 | -22.7% |
| Other amounts payable | 47/48 | €56,612 | €58,154 | +€1,541 | +2.7% |
| Accrued charges and deferred income | 492/3 | €263 | €900 | +€637 | +242% |
| Remuneration, social security and pensions | 62 | €130,837 | €181,908 | +€51,071 | +39.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,933 | €18,091 | +€3,158 | +21.1% |
| Other operating charges | 640/8 | €6,467 | €6,870 | +€403 | +6.2% |
| Gross operating margin | 9900 | €186,182 | €281,150 | +€94,968 | +51.0% |
| Operating profit (loss) | 9901 | €33,944 | €74,281 | +€40,337 | +119% |
| Financial income | 75/76B | €7 | €1 | -€6 | -92.4% |
| Recurring financial income | 75 | €7 | €1 | -€6 | -92.4% |
| Financial charges | 65/66B | €5,561 | €5,534 | -€27 | -0.5% |
| Recurring financial charges | 65 | €5,561 | €5,534 | -€27 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €28,390 | €68,748 | +€40,358 | +142% |
| Income taxes | 67/77 | €7,546 | €18,406 | +€10,860 | +144% |
| Profit (loss) for the period | 9904 | €20,845 | €50,342 | +€29,497 | +142% |
| Profit (loss) for the period to be appropriated | 9905 | €20,845 | €50,342 | +€29,497 | +142% |
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 2 November 2026 via checked.be.