HAGEN ENGINEERING: 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.
HAGEN ENGINEERING
Largest movements
- Cash -€1,039
down €1,039 (-77.6%), from €1,339 to €300
mainly Net result for the year (-€939) and Other debts (-€100)
- Profit (loss) carried forward -€939
down €939 (-6.9%), from -€13,557 to -€14,496
- Other debts -€100
down €100 (-1.3%), from €7,696 to €7,596
- Gross operating margin -€1,887
down €1,887, from €1,191 to -€696
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 | €1,339 | €300 | -€1,039 | -77.6% |
| Current assets | 29/58 | €1,339 | €300 | -€1,039 | -77.6% |
| Cash at bank and in hand | 54/58 | €1,339 | €300 | -€1,039 | -77.6% |
| Total equity and liabilities | 10/49 | €1,339 | €300 | -€1,039 | -77.6% |
| Equity | 10/15 | -€6,357 | -€7,296 | -€939 | -14.8% |
| Contributions | 10/11 | €7,200 | €7,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,557 | -€14,496 | -€939 | -6.9% |
| Amounts payable | 17/49 | €7,696 | €7,596 | -€100 | -1.3% |
| Amounts payable within one year | 42/48 | €7,696 | €7,596 | -€100 | -1.3% |
| Other amounts payable | 47/48 | €7,696 | €7,596 | -€100 | -1.3% |
| Non-recurring operating income | 76A | €1,418 | - | -€1,418 | |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | €1,191 | -€696 | -€1,887 | |
| Operating profit (loss) | 9901 | €1,129 | -€758 | -€1,887 | |
| Financial charges | 65/66B | €180 | €182 | +€2 | +0.8% |
| Recurring financial charges | 65 | €180 | €182 | +€2 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €949 | -€939 | -€1,888 | |
| Profit (loss) for the period | 9904 | €949 | -€939 | -€1,888 | |
| Profit (loss) for the period to be appropriated | 9905 | €949 | -€939 | -€1,888 |
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.