Circulum Hasselt: what changed
Two fiscal 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.
Circulum Hasselt
Largest movements
- Current investments -€352,264
no longer reported in 2025 (was €352,264)
- Cash +€22,324
up €22,324 (+453.2%), from €4,925 to €27,249
mainly Current investments (+€352,264) and Net result for the year (+€165,176)
- Tangible fixed assets -€18,065
down €18,065 (-3.9%), from €461,523 to €443,458
of which Land and buildings: -€18,065
- Receivables within one year -€16,341
down €16,341 (-44.3%), from €36,871 to €20,530
- Other debts -€366,463
down €366,463 (-64.2%), from €570,412 to €203,949
- Profit (loss) carried forward +€160,176
up €160,176, from -€72,790 to €87,386
- Trade debts -€133,625
down €133,625 (-100.0%), from €133,655 to €30
- Debts after one year -€29,331
down €29,331 (-20.4%), from €144,128 to €114,797
- Financial income +€92,834
up €92,834 (+75.5%), from €122,902 to €215,736
- Gross operating margin +€39,247
up €39,247 (+61.3%), from -€64,073 to -€24,825
- Financial charges +€1,149
up €1,149 (+30.1%), from €3,816 to €4,965
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 | €855,583 | €491,237 | -€364,345 | -42.6% |
| Fixed assets | 21/28 | €461,523 | €443,458 | -€18,065 | -3.9% |
| Tangible fixed assets | 22/27 | €461,523 | €443,458 | -€18,065 | -3.9% |
| Land and buildings | 22 | €264,052 | €245,987 | -€18,065 | -6.8% |
| Assets under construction and advance payments | 27 | €197,471 | €197,471 | = | 0.0% |
| Current assets | 29/58 | €394,060 | €47,779 | -€346,280 | -87.9% |
| Amounts receivable within one year | 40/41 | €36,871 | €20,530 | -€16,341 | -44.3% |
| Other amounts receivable | 41 | €36,871 | €20,530 | -€16,341 | -44.3% |
| Current investments | 50/53 | €352,264 | - | -€352,264 | |
| Cash at bank and in hand | 54/58 | €4,925 | €27,249 | +€22,324 | +453.2% |
| Total equity and liabilities | 10/49 | €855,583 | €491,237 | -€364,345 | -42.6% |
| Equity | 10/15 | -€22,790 | €142,386 | +€165,176 | |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | - | €5,000 | +€5,000 | |
| Non-distributable reserves | 130/1 | - | €5,000 | +€5,000 | |
| Other | 1319 | - | €5,000 | +€5,000 | |
| Profit (loss) carried forward | 14 | -€72,790 | €87,386 | +€160,176 | |
| Amounts payable | 17/49 | €878,373 | €348,851 | -€529,521 | -60.3% |
| Amounts payable after more than one year | 17 | €144,128 | €114,797 | -€29,331 | -20.4% |
| Financial debts | 170/4 | €144,128 | €114,797 | -€29,331 | -20.4% |
| Amounts payable within one year | 42/48 | €734,245 | €234,055 | -€500,190 | -68.1% |
| Current portion of amounts payable after more than one year | 42 | €30,179 | €30,076 | -€103 | -0.3% |
| Trade debts | 44 | €133,655 | €30 | -€133,625 | -100.0% |
| Suppliers | 440/4 | €133,655 | €30 | -€133,625 | -100.0% |
| Other amounts payable | 47/48 | €570,412 | €203,949 | -€366,463 | -64.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,065 | €18,065 | = | 0.0% |
| Other operating charges | 640/8 | €2,624 | €2,705 | +€81 | +3.1% |
| Gross operating margin | 9900 | -€64,073 | -€24,825 | +€39,247 | +61.3% |
| Operating profit (loss) | 9901 | -€84,762 | -€45,595 | +€39,167 | +46.2% |
| Financial income | 75/76B | €122,902 | €215,736 | +€92,834 | +75.5% |
| Recurring financial income | 75 | €122,902 | €215,736 | +€92,834 | +75.5% |
| Financial charges | 65/66B | €3,816 | €4,965 | +€1,149 | +30.1% |
| Recurring financial charges | 65 | €3,816 | €4,965 | +€1,149 | +30.1% |
| Profit (loss) for the period before taxes | 9903 | €34,324 | €165,176 | +€130,852 | +381.2% |
| Profit (loss) for the period | 9904 | €34,324 | €165,176 | +€130,852 | +381.2% |
| Profit (loss) for the period to be appropriated | 9905 | €34,324 | €165,176 | +€130,852 | +381.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.