HACOSS: 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.
HACOSS
Largest movements
- Financial fixed assets -€6,567
down €6,567 (-17.5%), from €37,633 to €31,066
- Cash -€5,025
down €5,025 (-39.7%), from €12,648 to €7,623
mainly Other debts (-€25,896) and Trade debts (-€16,252)
- Receivables within one year -€2,090
down €2,090 (-2.8%), from €75,056 to €72,966
of which Trade receivables: -€7,237
- Other debts -€25,896
down €25,896 (-97.9%), from €26,450 to €555
- Reserves +€17,876
up €17,876 (+27.2%), from €65,668 to €83,543
- Trade debts -€16,252
down €16,252 (-70.7%), from €22,979 to €6,727
- Tax, wage and social debts +€8,588
up €8,588 (+399.2%), from €2,151 to €10,739
- Gross operating margin +€16,614
up €16,614 (+79.6%), from €20,860 to €37,474
- Taxes +€11,850
up €11,850 (+537.1%), from €2,206 to €14,056
- Depreciation -€9,989
down €9,989 (-90.5%), from €11,038 to €1,049
- Financial income +€9,472
new in 2025: €9,472
- Staff costs -€994
down €994 (-34.5%), from €2,884 to €1,890
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 | €129,649 | €113,964 | -€15,685 | -12.1% |
| Fixed assets | 21/28 | €39,141 | €31,525 | -€7,616 | -19.5% |
| Tangible fixed assets | 22/27 | €1,509 | €460 | -€1,049 | -69.5% |
| Land and buildings | 22 | €1,509 | €460 | -€1,049 | -69.5% |
| Financial fixed assets | 28 | €37,633 | €31,066 | -€6,567 | -17.5% |
| Current assets | 29/58 | €90,508 | €82,439 | -€8,069 | -8.9% |
| Amounts receivable within one year | 40/41 | €75,056 | €72,966 | -€2,090 | -2.8% |
| Trade receivables | 40 | €19,377 | €12,140 | -€7,237 | -37.3% |
| Other amounts receivable | 41 | €55,679 | €60,826 | +€5,147 | +9.2% |
| Cash at bank and in hand | 54/58 | €12,648 | €7,623 | -€5,025 | -39.7% |
| Deferred charges and accrued income | 490/1 | €2,804 | €1,850 | -€954 | -34.0% |
| Total equity and liabilities | 10/49 | €129,649 | €113,964 | -€15,685 | -12.1% |
| Equity | 10/15 | €78,068 | €95,943 | +€17,876 | +22.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €65,668 | €83,543 | +€17,876 | +27.2% |
| Distributable reserves | 133 | €65,668 | €83,543 | +€17,876 | +27.2% |
| Amounts payable | 17/49 | €51,581 | €18,021 | -€33,560 | -65.1% |
| Amounts payable within one year | 42/48 | €51,581 | €18,021 | -€33,560 | -65.1% |
| Trade debts | 44 | €22,979 | €6,727 | -€16,252 | -70.7% |
| Suppliers | 440/4 | €22,979 | €6,727 | -€16,252 | -70.7% |
| Taxes, remuneration and social security | 45 | €2,151 | €10,739 | +€8,588 | +399.2% |
| Taxes | 450/3 | €2,151 | €10,739 | +€8,588 | +399.2% |
| Other amounts payable | 47/48 | €26,450 | €555 | -€25,896 | -97.9% |
| Remuneration, social security and pensions | 62 | €2,884 | €1,890 | -€994 | -34.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,038 | €1,049 | -€9,989 | -90.5% |
| Other operating charges | 640/8 | €446 | €318 | -€128 | -28.7% |
| Gross operating margin | 9900 | €20,860 | €37,474 | +€16,614 | +79.6% |
| Operating profit (loss) | 9901 | €6,492 | €34,217 | +€27,725 | +427.1% |
| Financial income | 75/76B | - | €9,472 | +€9,472 | |
| Recurring financial income | 75 | - | €9,472 | +€9,472 | |
| Financial charges | 65/66B | €453 | €667 | +€214 | +47.4% |
| Recurring financial charges | 65 | €453 | €667 | +€214 | +47.4% |
| Profit (loss) for the period before taxes | 9903 | €6,039 | €43,022 | +€36,983 | +612.4% |
| Income taxes | 67/77 | €2,206 | €14,056 | +€11,850 | +537.1% |
| Profit (loss) for the period | 9904 | €3,833 | €28,966 | +€25,133 | +655.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,833 | €28,966 | +€25,133 | +655.7% |
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 8 October 2026 via checked.be.