HAH & CO: 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.
HAH & CO
Largest movements
- Cash +€5,977
up €5,977 (+34.5%), from €17,303 to €23,280
mainly Net result for the year (+€17,258) and Tax, wage and social debts (+€6,129)
- Receivables within one year +€4,028
up €4,028 (+9.2%), from €43,854 to €47,882
of which Other amounts receivable: +€6,199
- Reserves +€17,258
up €17,258 (+59.6%), from €28,937 to €46,196
- Trade debts -€6,988
down €6,988 (-52.0%), from €13,427 to €6,439
- Tax, wage and social debts +€6,129
up €6,129 (+39.6%), from €15,485 to €21,614
of which Taxes: +€7,195
- Accrued charges and deferred income -€6,021
down €6,021 (-100%), from €6,021 to €0
- Gross operating margin +€13,399
up €13,399 (+16.2%), from €82,789 to €96,188
- Taxes +€5,456
up €5,456 (+249%), from €2,194 to €7,651
- Other operating charges +€2,072
up €2,072 (+133%), from €1,557 to €3,629
- Financial charges +€1,969
up €1,969 (+367%), from €537 to €2,505
- Staff costs +€1,347
up €1,347 (+2.0%), from €66,005 to €67,353
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 | €82,588 | €92,967 | +€10,379 | +12.6% |
| Fixed assets | 21/28 | €148 | €10 | -€139 | -93.6% |
| Tangible fixed assets | 22/27 | €148 | €10 | -€139 | -93.6% |
| Plant, machinery and equipment | 23 | €148 | €10 | -€139 | -93.6% |
| Current assets | 29/58 | €82,439 | €92,958 | +€10,518 | +12.8% |
| Stocks and contracts in progress | 3 | €21,283 | €21,576 | +€293 | +1.4% |
| Stocks | 30/36 | €21,283 | €21,576 | +€293 | +1.4% |
| Amounts receivable within one year | 40/41 | €43,854 | €47,882 | +€4,028 | +9.2% |
| Trade receivables | 40 | €3,291 | €1,120 | -€2,171 | -66.0% |
| Other amounts receivable | 41 | €40,562 | €46,762 | +€6,199 | +15.3% |
| Cash at bank and in hand | 54/58 | €17,303 | €23,280 | +€5,977 | +34.5% |
| Deferred charges and accrued income | 490/1 | - | €220 | +€220 | |
| Total equity and liabilities | 10/49 | €82,588 | €92,967 | +€10,379 | +12.6% |
| Equity | 10/15 | €47,655 | €64,914 | +€17,258 | +36.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €28,937 | €46,196 | +€17,258 | +59.6% |
| Distributable reserves | 133 | €28,937 | €46,196 | +€17,258 | +59.6% |
| Profit (loss) carried forward | 14 | €118 | €118 | = | 0.0% |
| Amounts payable | 17/49 | €34,933 | €28,054 | -€6,879 | -19.7% |
| Amounts payable within one year | 42/48 | €28,912 | €28,054 | -€858 | -3.0% |
| Trade debts | 44 | €13,427 | €6,439 | -€6,988 | -52.0% |
| Suppliers | 440/4 | €13,427 | €6,439 | -€6,988 | -52.0% |
| Taxes, remuneration and social security | 45 | €15,485 | €21,614 | +€6,129 | +39.6% |
| Taxes | 450/3 | €3,069 | €10,264 | +€7,195 | +234% |
| Remuneration and social security | 454/9 | €12,415 | €11,350 | -€1,065 | -8.6% |
| Accrued charges and deferred income | 492/3 | €6,021 | €0 | -€6,021 | -100% |
| Remuneration, social security and pensions | 62 | €66,005 | €67,353 | +€1,347 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €139 | €139 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,557 | €3,629 | +€2,072 | +133% |
| Gross operating margin | 9900 | €82,789 | €96,188 | +€13,399 | +16.2% |
| Operating profit (loss) | 9901 | €15,088 | €25,067 | +€9,980 | +66.1% |
| Financial income | 75/76B | €3,565 | €2,347 | -€1,218 | -34.2% |
| Recurring financial income | 75 | €3,565 | €2,347 | -€1,218 | -34.2% |
| Financial charges | 65/66B | €537 | €2,505 | +€1,969 | +367% |
| Recurring financial charges | 65 | €537 | €2,505 | +€1,969 | +367% |
| Profit (loss) for the period before taxes | 9903 | €18,116 | €24,909 | +€6,793 | +37.5% |
| Income taxes | 67/77 | €2,194 | €7,651 | +€5,456 | +249% |
| Profit (loss) for the period | 9904 | €15,922 | €17,258 | +€1,336 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €15,922 | €17,258 | +€1,336 | +8.4% |
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 18 October 2026 via checked.be.