H&NADA: 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.
H&NADA
Largest movements
- Receivables within one year +€2,400
new in 2025: €2,400
of which Other amounts receivable: +€2,000
- Cash +€1,151
up €1,151 (+14.9%), from €7,740 to €8,891
mainly Tax, wage and social debts (+€8,065) and Contributions, distributions and other (+€2,000)
- Tax, wage and social debts +€8,065
up €8,065 (+178.9%), from €4,508 to €12,573
of which Taxes: +€6,059
- Profit (loss) carried forward -€5,868
down €5,868, from €2,586 to -€3,282
- Contributions +€2,000
new in 2025: €2,000
- Other debts -€646
no longer reported in 2025 (was €646)
- Gross operating margin -€6,130
down €6,130 (-40.1%), from €15,271 to €9,141
- Staff costs +€1,587
up €1,587 (+13.2%), from €12,039 to €13,626
- Other operating charges +€1,377
new in 2025: €1,377
- Taxes -€646
no longer reported in 2025 (was €646)
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 | €7,740 | €11,291 | +€3,551 | +45.9% |
| Current assets | 29/58 | €7,740 | €11,291 | +€3,551 | +45.9% |
| Amounts receivable within one year | 40/41 | - | €2,400 | +€2,400 | |
| Trade receivables | 40 | - | €400 | +€400 | |
| Other amounts receivable | 41 | - | €2,000 | +€2,000 | |
| Cash at bank and in hand | 54/58 | €7,740 | €8,891 | +€1,151 | +14.9% |
| Total equity and liabilities | 10/49 | €7,740 | €11,291 | +€3,551 | +45.9% |
| Equity | 10/15 | €2,586 | -€1,282 | -€3,868 | |
| Contributions | 10/11 | - | €2,000 | +€2,000 | |
| Capital | 10 | - | €2,000 | +€2,000 | |
| Issued capital | 100 | - | €2,000 | +€2,000 | |
| Profit (loss) carried forward | 14 | €2,586 | -€3,282 | -€5,868 | |
| Amounts payable | 17/49 | €5,154 | €12,573 | +€7,419 | +143.9% |
| Amounts payable within one year | 42/48 | €5,154 | €12,573 | +€7,419 | +143.9% |
| Taxes, remuneration and social security | 45 | €4,508 | €12,573 | +€8,065 | +178.9% |
| Taxes | 450/3 | €2,230 | €8,289 | +€6,059 | +271.7% |
| Remuneration and social security | 454/9 | €2,278 | €4,284 | +€2,006 | +88.1% |
| Other amounts payable | 47/48 | €646 | - | -€646 | |
| Remuneration, social security and pensions | 62 | €12,039 | €13,626 | +€1,587 | +13.2% |
| Other operating charges | 640/8 | - | €1,377 | +€1,377 | |
| Gross operating margin | 9900 | €15,271 | €9,141 | -€6,130 | -40.1% |
| Operating profit (loss) | 9901 | €3,232 | -€5,862 | -€9,094 | |
| Financial charges | 65/66B | - | €6 | +€6 | |
| Recurring financial charges | 65 | - | €6 | +€6 | |
| Profit (loss) for the period before taxes | 9903 | €3,232 | -€5,868 | -€9,100 | |
| Income taxes | 67/77 | €646 | - | -€646 | |
| Profit (loss) for the period | 9904 | €2,586 | -€5,868 | -€8,454 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,586 | -€5,868 | -€8,454 |
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.