HACB: 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.
HACB
Largest movements
- Cash +€19,500
up €19,500 (+119.3%), from €16,343 to €35,843
mainly Net result for the year (+€33,821) and Other debts (+€1,102)
- Receivables within one year +€13,066
up €13,066 (+230852.5%), from €6 to €13,072
of which Trade receivables: +€6,617
- Deferred charges and accrued income +€2,712
up €2,712 (+1126.6%), from €241 to €2,953
- Reserves +€45,156
new in 2025: €45,156
- Profit (loss) carried forward -€11,335
down €11,335 (-100.0%), from €11,335 to €0
- Other debts +€1,102
new in 2025: €1,102
- Gross operating margin +€28,488
up €28,488 (+198.9%), from €14,322 to €42,810
- Taxes +€5,681
up €5,681 (+198.4%), from €2,864 to €8,545
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 | €16,589 | €51,868 | +€35,278 | +212.7% |
| Current assets | 29/58 | €16,589 | €51,868 | +€35,278 | +212.7% |
| Amounts receivable within one year | 40/41 | €6 | €13,072 | +€13,066 | +230852.5% |
| Trade receivables | 40 | - | €6,617 | +€6,617 | |
| Other amounts receivable | 41 | €6 | €6,455 | +€6,450 | +113952.1% |
| Cash at bank and in hand | 54/58 | €16,343 | €35,843 | +€19,500 | +119.3% |
| Deferred charges and accrued income | 490/1 | €241 | €2,953 | +€2,712 | +1126.6% |
| Total equity and liabilities | 10/49 | €16,589 | €51,868 | +€35,278 | +212.7% |
| Equity | 10/15 | €13,335 | €47,156 | +€33,821 | +253.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €45,156 | +€45,156 | |
| Distributable reserves | 133 | - | €45,156 | +€45,156 | |
| Profit (loss) carried forward | 14 | €11,335 | €0 | -€11,335 | -100.0% |
| Amounts payable | 17/49 | €3,254 | €4,712 | +€1,457 | +44.8% |
| Amounts payable within one year | 42/48 | €3,254 | €4,712 | +€1,457 | +44.8% |
| Trade debts | 44 | €390 | €746 | +€356 | +91.1% |
| Suppliers | 440/4 | €390 | €746 | +€356 | +91.1% |
| Taxes, remuneration and social security | 45 | €2,864 | €2,864 | = | 0.0% |
| Taxes | 450/3 | €2,864 | €2,864 | = | 0.0% |
| Other amounts payable | 47/48 | - | €1,102 | +€1,102 | |
| Other operating charges | 640/8 | €106 | €390 | +€285 | +270.0% |
| Gross operating margin | 9900 | €14,322 | €42,810 | +€28,488 | +198.9% |
| Operating profit (loss) | 9901 | €14,216 | €42,419 | +€28,203 | +198.4% |
| Financial income | 75/76B | - | €72 | +€72 | |
| Recurring financial income | 75 | - | €72 | +€72 | |
| Financial charges | 65/66B | €17 | €126 | +€109 | +631.5% |
| Recurring financial charges | 65 | €17 | €126 | +€109 | +631.5% |
| Profit (loss) for the period before taxes | 9903 | €14,199 | €42,366 | +€28,167 | +198.4% |
| Income taxes | 67/77 | €2,864 | €8,545 | +€5,681 | +198.4% |
| Profit (loss) for the period | 9904 | €11,335 | €33,821 | +€22,486 | +198.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,335 | €33,821 | +€22,486 | +198.4% |
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 3 October 2026 via checked.be.