Hac Driessen: what changed
Hac Driessen
Largest movements
- Receivables within one year +€71,283
up €71,283 (+32.6%), from €218,890 to €290,174
of which Trade receivables: +€51,162
- Tangible fixed assets -€32,110
down €32,110 (-22.1%), from €145,253 to €113,144
of which Plant, machinery and equipment: -€30,079
- Cash -€29,719
down €29,719 (-51.5%), from €57,731 to €28,012
mainly Receivables within one year (-€71,283) and Debts after one year (-€52,765)
- Stocks and contracts -€21,145
down €21,145 (-12.9%), from €163,615 to €142,470
- Intangible fixed assets -€13,571
down €13,571 (-33.3%), from €40,714 to €27,143
- Debts after one year -€52,765
down €52,765 (-45.9%), from €114,920 to €62,155
- Other debts +€29,599
up €29,599 (+117%), from €25,360 to €54,959
- Trade debts -€17,489
down €17,489 (-4.1%), from €427,759 to €410,271
- Tax, wage and social debts +€15,950
up €15,950 (+34.9%), from €45,683 to €61,634
of which Taxes: +€11,773
- Current portion of long-term debt -€7,839
down €7,839 (-12.9%), from €60,604 to €52,765
- Staff costs -€28,105
down €28,105 (-7.0%), from €400,859 to €372,754
- Gross operating margin +€19,373
up €19,373 (+4.5%), from €428,599 to €447,973
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 | €632,386 | €605,635 | -€26,752 | -4.2% |
| Fixed assets | 21/28 | €186,781 | €141,100 | -€45,681 | -24.5% |
| Intangible fixed assets | 21 | €40,714 | €27,143 | -€13,571 | -33.3% |
| Tangible fixed assets | 22/27 | €145,253 | €113,144 | -€32,110 | -22.1% |
| Plant, machinery and equipment | 23 | €73,167 | €43,088 | -€30,079 | -41.1% |
| Furniture and vehicles | 24 | €2,063 | €10,578 | +€8,515 | +413% |
| Other tangible fixed assets | 26 | €70,023 | €59,477 | -€10,546 | -15.1% |
| Financial fixed assets | 28 | €813 | €813 | = | 0.0% |
| Current assets | 29/58 | €445,606 | €464,535 | +€18,929 | +4.2% |
| Stocks and contracts in progress | 3 | €163,615 | €142,470 | -€21,145 | -12.9% |
| Stocks | 30/36 | €163,615 | €142,470 | -€21,145 | -12.9% |
| Amounts receivable within one year | 40/41 | €218,890 | €290,174 | +€71,283 | +32.6% |
| Trade receivables | 40 | €207,384 | €258,545 | +€51,162 | +24.7% |
| Other amounts receivable | 41 | €11,507 | €31,628 | +€20,121 | +175% |
| Cash at bank and in hand | 54/58 | €57,731 | €28,012 | -€29,719 | -51.5% |
| Deferred charges and accrued income | 490/1 | €5,370 | €3,880 | -€1,490 | -27.7% |
| Total equity and liabilities | 10/49 | €632,386 | €605,635 | -€26,752 | -4.2% |
| Equity | 10/15 | -€41,940 | -€37,675 | +€4,265 | +10.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,940 | -€62,675 | +€4,265 | +6.4% |
| Amounts payable | 17/49 | €674,326 | €643,310 | -€31,016 | -4.6% |
| Amounts payable after more than one year | 17 | €114,920 | €62,155 | -€52,765 | -45.9% |
| Financial debts | 170/4 | €114,920 | €62,155 | -€52,765 | -45.9% |
| Amounts payable within one year | 42/48 | €559,406 | €579,628 | +€20,222 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €60,604 | €52,765 | -€7,839 | -12.9% |
| Trade debts | 44 | €427,759 | €410,271 | -€17,489 | -4.1% |
| Suppliers | 440/4 | €427,759 | €410,271 | -€17,489 | -4.1% |
| Taxes, remuneration and social security | 45 | €45,683 | €61,634 | +€15,950 | +34.9% |
| Taxes | 450/3 | €4,404 | €16,177 | +€11,773 | +267% |
| Remuneration and social security | 454/9 | €41,280 | €45,457 | +€4,177 | +10.1% |
| Other amounts payable | 47/48 | €25,360 | €54,959 | +€29,599 | +117% |
| Accrued charges and deferred income | 492/3 | - | €1,526 | +€1,526 | |
| Non-recurring operating income | 76A | - | €1,842 | +€1,842 | |
| Remuneration, social security and pensions | 62 | €400,859 | €372,754 | -€28,105 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,256 | €65,511 | +€4,256 | +6.9% |
| Other operating charges | 640/8 | €1,683 | €2,276 | +€593 | +35.3% |
| Gross operating margin | 9900 | €428,599 | €447,973 | +€19,373 | +4.5% |
| Operating profit (loss) | 9901 | -€35,198 | €7,431 | +€42,629 | |
| Financial income | 75/76B | €346 | €456 | +€110 | +31.7% |
| Recurring financial income | 75 | €346 | €456 | +€110 | +31.7% |
| Financial charges | 65/66B | €5,749 | €3,622 | -€2,127 | -37.0% |
| Recurring financial charges | 65 | €5,749 | €3,622 | -€2,127 | -37.0% |
| Profit (loss) for the period before taxes | 9903 | -€40,601 | €4,265 | +€44,866 | |
| Profit (loss) for the period | 9904 | -€40,601 | €4,265 | +€44,866 | |
| Profit (loss) for the period to be appropriated | 9905 | -€40,601 | €4,265 | +€44,866 |
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 6 November 2026 via checked.be.