HADITHI GROUP: 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.
HADITHI GROUP
Largest movements
- Receivables within one year +€189,770
up €189,770 (+308.5%), from €61,507 to €251,277
of which Trade receivables: +€166,576
- Cash +€8,473
up €8,473 (+106.6%), from €7,952 to €16,426
mainly Trade debts (+€112,385) and Net result for the year (+€40,677)
- Tangible fixed assets -€5,754
down €5,754 (-18.7%), from €30,697 to €24,943
of which Furniture and vehicles: -€7,064
- Trade debts +€112,385
up €112,385 (+473.0%), from €23,762 to €136,147
- Profit (loss) carried forward +€40,677
up €40,677 (+57.9%), from €70,279 to €110,957
- Tax, wage and social debts +€39,426
up €39,426 (+903.1%), from €4,366 to €43,792
of which Taxes: +€33,240
- Turnover +€233,359
up €233,359 (+76.4%), from €305,582 to €538,941
- Purchases and services +€181,157
up €181,157 (+68.3%), from €265,298 to €446,455
- Gross operating margin +€53,196
up €53,196 (+113.4%), from €46,919 to €100,115
- Staff costs +€23,349
up €23,349 (+130.8%), from €17,850 to €41,199
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 | €103,907 | €296,396 | +€192,489 | +185.3% |
| Fixed assets | 21/28 | €34,447 | €28,693 | -€5,754 | -16.7% |
| Tangible fixed assets | 22/27 | €30,697 | €24,943 | -€5,754 | -18.7% |
| Plant, machinery and equipment | 23 | €674 | €1,985 | +€1,310 | +194.3% |
| Furniture and vehicles | 24 | €30,023 | €22,958 | -€7,064 | -23.5% |
| Financial fixed assets | 28 | €3,750 | €3,750 | = | 0.0% |
| Current assets | 29/58 | €69,459 | €267,702 | +€198,243 | +285.4% |
| Amounts receivable within one year | 40/41 | €61,507 | €251,277 | +€189,770 | +308.5% |
| Trade receivables | 40 | €48,254 | €214,831 | +€166,576 | +345.2% |
| Other amounts receivable | 41 | €13,253 | €36,446 | +€23,194 | +175.0% |
| Cash at bank and in hand | 54/58 | €7,952 | €16,426 | +€8,473 | +106.6% |
| Total equity and liabilities | 10/49 | €103,907 | €296,396 | +€192,489 | +185.3% |
| Equity | 10/15 | €75,779 | €116,457 | +€40,677 | +53.7% |
| Contributions | 10/11 | €5,500 | €5,500 | = | 0.0% |
| Outside capital | 11 | €5,500 | €5,500 | = | 0.0% |
| Other | 1109/19 | €5,500 | €5,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,279 | €110,957 | +€40,677 | +57.9% |
| Amounts payable | 17/49 | €28,127 | €179,939 | +€151,812 | +539.7% |
| Amounts payable within one year | 42/48 | €28,127 | €179,939 | +€151,812 | +539.7% |
| Trade debts | 44 | €23,762 | €136,147 | +€112,385 | +473.0% |
| Suppliers | 440/4 | €23,762 | €136,147 | +€112,385 | +473.0% |
| Taxes, remuneration and social security | 45 | €4,366 | €43,792 | +€39,426 | +903.1% |
| Taxes | 450/3 | - | €33,240 | +€33,240 | |
| Remuneration and social security | 454/9 | €4,366 | €10,552 | +€6,187 | +141.7% |
| Turnover | 70 | €305,582 | €538,941 | +€233,359 | +76.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €265,298 | €446,455 | +€181,157 | +68.3% |
| Remuneration, social security and pensions | 62 | €17,850 | €41,199 | +€23,349 | +130.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,468 | €8,112 | -€2,356 | -22.5% |
| Other operating charges | 640/8 | €2,803 | €2,900 | +€97 | +3.5% |
| Gross operating margin | 9900 | €46,919 | €100,115 | +€53,196 | +113.4% |
| Operating profit (loss) | 9901 | €15,797 | €47,903 | +€32,106 | +203.2% |
| Financial income | 75/76B | €6 | €1 | -€5 | -88.2% |
| Recurring financial income | 75 | €6 | €1 | -€5 | -88.2% |
| Financial charges | 65/66B | €79 | €93 | +€14 | +17.3% |
| Recurring financial charges | 65 | €79 | €93 | +€14 | +17.3% |
| Profit (loss) for the period before taxes | 9903 | €15,724 | €47,811 | +€32,087 | +204.1% |
| Income taxes | 67/77 | €3,528 | €7,134 | +€3,606 | +102.2% |
| Profit (loss) for the period | 9904 | €12,196 | €40,677 | +€28,481 | +233.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,196 | €40,677 | +€28,481 | +233.5% |
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 4 October 2026 via checked.be.