Hacer: 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.
Hacer
Largest movements
- Receivables within one year -€8,871
down €8,871 (-57.0%), from €15,563 to €6,692
- Cash +€873
up €873 (+26.0%), from €3,358 to €4,231
mainly Receivables within one year (+€8,871) and Tax, wage and social debts (+€8,340)
- Tangible fixed assets -€356
down €356 (-10.4%), from €3,430 to €3,074
of which Plant, machinery and equipment: -€1,451
- Tax, wage and social debts +€8,340
up €8,340 (+157.6%), from €5,291 to €13,631
of which Remuneration and social security: +€13,500
- Trade debts -€8,253
down €8,253 (-40.2%), from €20,533 to €12,280
- Other debts -€4,579
down €4,579 (-32.6%), from €14,064 to €9,485
- Profit (loss) carried forward -€3,862
down €3,862 (-19.8%), from -€19,537 to -€23,399
- Gross operating margin +€32,528
up €32,528 (+99.0%), from -€32,872 to -€344
- Depreciation +€960
up €960 (+103.9%), from €924 to €1,884
- Other operating charges +€483
up €483 (+57.9%), from €834 to €1,317
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 | €22,351 | €13,998 | -€8,353 | -37.4% |
| Fixed assets | 21/28 | €3,430 | €3,074 | -€356 | -10.4% |
| Tangible fixed assets | 22/27 | €3,430 | €3,074 | -€356 | -10.4% |
| Plant, machinery and equipment | 23 | €3,430 | €1,979 | -€1,451 | -42.3% |
| Furniture and vehicles | 24 | - | €1,095 | +€1,095 | |
| Current assets | 29/58 | €18,921 | €10,923 | -€7,997 | -42.3% |
| Amounts receivable within one year | 40/41 | €15,563 | €6,692 | -€8,871 | -57.0% |
| Trade receivables | 40 | €15,563 | €6,692 | -€8,871 | -57.0% |
| Cash at bank and in hand | 54/58 | €3,358 | €4,231 | +€873 | +26.0% |
| Total equity and liabilities | 10/49 | €22,351 | €13,998 | -€8,353 | -37.4% |
| Equity | 10/15 | -€17,537 | -€21,399 | -€3,862 | -22.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,537 | -€23,399 | -€3,862 | -19.8% |
| Amounts payable | 17/49 | €39,888 | €35,396 | -€4,491 | -11.3% |
| Amounts payable within one year | 42/48 | €39,888 | €35,396 | -€4,491 | -11.3% |
| Trade debts | 44 | €20,533 | €12,280 | -€8,253 | -40.2% |
| Suppliers | 440/4 | €20,533 | €12,280 | -€8,253 | -40.2% |
| Taxes, remuneration and social security | 45 | €5,291 | €13,631 | +€8,340 | +157.6% |
| Taxes | 450/3 | €5,291 | €131 | -€5,160 | -97.5% |
| Remuneration and social security | 454/9 | €0 | €13,500 | +€13,500 | |
| Other amounts payable | 47/48 | €14,064 | €9,485 | -€4,579 | -32.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €924 | €1,884 | +€960 | +103.9% |
| Other operating charges | 640/8 | €834 | €1,317 | +€483 | +57.9% |
| Gross operating margin | 9900 | -€32,872 | -€344 | +€32,528 | +99.0% |
| Operating profit (loss) | 9901 | -€34,630 | -€3,545 | +€31,085 | +89.8% |
| Financial income | 75/76B | €118 | €0 | -€117 | -99.9% |
| Recurring financial income | 75 | €118 | €0 | -€117 | -99.9% |
| Financial charges | 65/66B | €273 | €317 | +€45 | +16.3% |
| Recurring financial charges | 65 | €273 | €317 | +€45 | +16.3% |
| Profit (loss) for the period before taxes | 9903 | -€34,785 | -€3,862 | +€30,923 | +88.9% |
| Income taxes | 67/77 | €131 | €0 | -€131 | -100.0% |
| Profit (loss) for the period | 9904 | -€34,916 | -€3,862 | +€31,054 | +88.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,916 | -€3,862 | +€31,054 | +88.9% |
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 6 October 2026 via checked.be.