HADES SERVICES: what changed
Two financial 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.
HADES SERVICES
Largest movements
- Cash -€61,603
down €61,603 (-55.0%), from €111,980 to €50,377
mainly Other debts (-€88,625) and Deferred charges and accrued income (-€3,749)
- Deferred charges and accrued income +€3,749
up €3,749 (+116%), from €3,239 to €6,988
- Receivables after one year -€3,520
down €3,520 (-20.2%), from €17,421 to €13,900
- Tangible fixed assets -€3,087
down €3,087 (-24.8%), from €12,456 to €9,368
of which Plant, machinery and equipment: -€2,339
- Receivables within one year +€2,540
up €2,540 (+13.2%), from €19,170 to €21,710
of which Other amounts receivable: +€2,298
- Other debts -€88,625
down €88,625 (-70.6%), from €125,613 to €36,988
- Reserves +€27,140
up €27,140 (+195%), from €13,933 to €41,073
- Tax, wage and social debts -€2,732
down €2,732 (-29.9%), from €9,143 to €6,411
- Gross operating margin -€10,387
down €10,387 (-19.8%), from €52,427 to €42,040
- Taxes -€2,192
down €2,192 (-21.2%), from €10,336 to €8,144
- Financial charges +€935
up €935 (+108%), from €869 to €1,804
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.
Derived cash bridge
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 | €169,527 | €105,475 | -€64,051 | -37.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €17,717 | €12,499 | -€5,217 | -29.4% |
| Intangible fixed assets | 21 | €5,261 | €3,131 | -€2,130 | -40.5% |
| Tangible fixed assets | 22/27 | €12,456 | €9,368 | -€3,087 | -24.8% |
| Plant, machinery and equipment | 23 | €10,913 | €8,574 | -€2,339 | -21.4% |
| Furniture and vehicles | 24 | €1,542 | €794 | -€748 | -48.5% |
| Current assets | 29/58 | €151,810 | €92,976 | -€58,834 | -38.8% |
| Amounts receivable after more than one year | 29 | €17,421 | €13,900 | -€3,520 | -20.2% |
| Other amounts receivable | 291 | €17,421 | €13,900 | -€3,520 | -20.2% |
| Amounts receivable within one year | 40/41 | €19,170 | €21,710 | +€2,540 | +13.2% |
| Trade receivables | 40 | €18,634 | €18,876 | +€242 | +1.3% |
| Other amounts receivable | 41 | €536 | €2,834 | +€2,298 | +429% |
| Cash at bank and in hand | 54/58 | €111,980 | €50,377 | -€61,603 | -55.0% |
| Deferred charges and accrued income | 490/1 | €3,239 | €6,988 | +€3,749 | +116% |
| Total equity and liabilities | 10/49 | €169,527 | €105,475 | -€64,051 | -37.8% |
| Equity | 10/15 | €32,533 | €59,673 | +€27,140 | +83.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €13,933 | €41,073 | +€27,140 | +195% |
| Distributable reserves | 133 | €13,933 | €41,073 | +€27,140 | +195% |
| Amounts payable | 17/49 | €136,993 | €45,802 | -€91,192 | -66.6% |
| Amounts payable after more than one year | 17 | €1,660 | - | -€1,660 | |
| Financial debts | 170/4 | €1,660 | - | -€1,660 | |
| Amounts payable within one year | 42/48 | €135,078 | €44,288 | -€90,789 | -67.2% |
| Trade debts | 44 | €322 | €890 | +€568 | +176% |
| Suppliers | 440/4 | €322 | €890 | +€568 | +176% |
| Taxes, remuneration and social security | 45 | €9,143 | €6,411 | -€2,732 | -29.9% |
| Taxes | 450/3 | €9,143 | €6,411 | -€2,732 | -29.9% |
| Other amounts payable | 47/48 | €125,613 | €36,988 | -€88,625 | -70.6% |
| Accrued charges and deferred income | 492/3 | €256 | €1,514 | +€1,257 | +491% |
| Non-recurring operating income | 76A | €40 | - | -€40 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,624 | €6,063 | +€439 | +7.8% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €52,427 | €42,040 | -€10,387 | -19.8% |
| Operating profit (loss) | 9901 | €46,685 | €35,857 | -€10,828 | -23.2% |
| Financial income | 75/76B | €1,564 | €2,065 | +€501 | +32.0% |
| Recurring financial income | 75 | €1,564 | €2,065 | +€501 | +32.0% |
| Financial charges | 65/66B | €869 | €1,804 | +€935 | +108% |
| Recurring financial charges | 65 | €869 | €1,804 | +€935 | +108% |
| Profit (loss) for the period before taxes | 9903 | €47,380 | €36,117 | -€11,263 | -23.8% |
| Income taxes | 67/77 | €10,336 | €8,144 | -€2,192 | -21.2% |
| Profit (loss) for the period | 9904 | €37,044 | €27,973 | -€9,071 | -24.5% |
| Profit (loss) for the period to be appropriated | 9905 | €37,044 | €27,973 | -€9,071 | -24.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.