HADOSS: 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.
HADOSS
Largest movements
- Tangible fixed assets -€24,658
down €24,658 (-4.9%), from €507,462 to €482,805
of which Land and buildings: -€19,445
- Cash -€11,095
down €11,095 (-41.8%), from €26,553 to €15,458
mainly Net result for the year (-€23,520) and Debts after one year (-€9,157)
- Receivables within one year -€8,884
down €8,884 (-35.4%), from €25,121 to €16,237
of which Trade receivables: -€4,629
- Profit (loss) carried forward -€23,520
new in 2025: -€23,520
- Debts after one year -€9,157
down €9,157 (-11.4%), from €80,073 to €70,917
- Tax, wage and social debts -€8,566
down €8,566 (-78.4%), from €10,922 to €2,356
of which Taxes: -€8,502
- Current portion of long-term debt -€6,443
down €6,443 (-41.3%), from €15,599 to €9,157
- Gross operating margin -€35,068
down €35,068 (-75.9%), from €46,187 to €11,119
- Taxes -€11,985
down €11,985 (-98.9%), from €12,117 to €132
- Financial income -€1,587
down €1,587 (-99.6%), from €1,594 to €7
- Financial charges -€675
down €675 (-38.0%), from €1,777 to €1,102
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 | €561,831 | €517,024 | -€44,807 | -8.0% |
| Fixed assets | 21/28 | €507,800 | €483,143 | -€24,658 | -4.9% |
| Tangible fixed assets | 22/27 | €507,462 | €482,805 | -€24,658 | -4.9% |
| Land and buildings | 22 | €493,290 | €473,845 | -€19,445 | -3.9% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Leasing and similar rights | 25 | €14,172 | €8,959 | -€5,213 | -36.8% |
| Financial fixed assets | 28 | €338 | €338 | = | 0.0% |
| Current assets | 29/58 | €54,031 | €33,881 | -€20,149 | -37.3% |
| Amounts receivable within one year | 40/41 | €25,121 | €16,237 | -€8,884 | -35.4% |
| Trade receivables | 40 | €10,353 | €5,724 | -€4,629 | -44.7% |
| Other amounts receivable | 41 | €14,768 | €10,513 | -€4,255 | -28.8% |
| Cash at bank and in hand | 54/58 | €26,553 | €15,458 | -€11,095 | -41.8% |
| Deferred charges and accrued income | 490/1 | €2,356 | €2,186 | -€171 | -7.2% |
| Total equity and liabilities | 10/49 | €561,831 | €517,024 | -€44,807 | -8.0% |
| Equity | 10/15 | €427,526 | €404,006 | -€23,520 | -5.5% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €390,326 | €390,326 | = | 0.0% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €390,326 | €390,326 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€23,520 | -€23,520 | |
| Amounts payable | 17/49 | €134,305 | €113,018 | -€21,287 | -15.8% |
| Amounts payable after more than one year | 17 | €80,073 | €70,917 | -€9,157 | -11.4% |
| Financial debts | 170/4 | €80,073 | €70,917 | -€9,157 | -11.4% |
| Amounts payable within one year | 42/48 | €49,472 | €35,968 | -€13,504 | -27.3% |
| Current portion of amounts payable after more than one year | 42 | €15,599 | €9,157 | -€6,443 | -41.3% |
| Trade debts | 44 | €224 | €69 | -€155 | -69.1% |
| Suppliers | 440/4 | €224 | €69 | -€155 | -69.1% |
| Taxes, remuneration and social security | 45 | €10,922 | €2,356 | -€8,566 | -78.4% |
| Taxes | 450/3 | €10,858 | €2,356 | -€8,502 | -78.3% |
| Remuneration and social security | 454/9 | €64 | €0 | -€64 | -100.0% |
| Other amounts payable | 47/48 | €22,726 | €24,386 | +€1,660 | +7.3% |
| Accrued charges and deferred income | 492/3 | €4,760 | €6,134 | +€1,374 | +28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,029 | €31,917 | -€112 | -0.4% |
| Other operating charges | 640/8 | €1,243 | €1,495 | +€251 | +20.2% |
| Gross operating margin | 9900 | €46,187 | €11,119 | -€35,068 | -75.9% |
| Operating profit (loss) | 9901 | €12,915 | -€22,293 | -€35,207 | |
| Financial income | 75/76B | €1,594 | €7 | -€1,587 | -99.6% |
| Recurring financial income | 75 | €1,594 | €7 | -€1,587 | -99.6% |
| Financial charges | 65/66B | €1,777 | €1,102 | -€675 | -38.0% |
| Recurring financial charges | 65 | €1,777 | €1,102 | -€675 | -38.0% |
| Profit (loss) for the period before taxes | 9903 | €12,732 | -€23,388 | -€36,120 | |
| Income taxes | 67/77 | €12,117 | €132 | -€11,985 | -98.9% |
| Profit (loss) for the period | 9904 | €615 | -€23,520 | -€24,135 | |
| Transfer from tax-exempt reserves | 789 | €96,830 | €0 | -€96,830 | -100.0% |
| Transfer to tax-exempt reserves | 689 | €4,365 | €0 | -€4,365 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €93,080 | -€23,520 | -€116,600 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.