HAHN A.: 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.
HAHN A.
Largest movements
- Receivables within one year -€23,268
down €23,268 (-62.9%), from €36,996 to €13,728
of which Other amounts receivable: -€23,798
- Tangible fixed assets -€14,781
down €14,781 (-42.5%), from €34,810 to €20,029
of which Plant, machinery and equipment: -€11,498
- Cash -€2,619
down €2,619 (-37.0%), from €7,084 to €4,464
- Stocks and contracts +€1,955
up €1,955 (+41.6%), from €4,695 to €6,650
- Deferred charges and accrued income +€1,503
up €1,503 (+447.0%), from €336 to €1,839
- Other debts -€31,946
down €31,946 (-39.0%), from €81,856 to €49,910
- Tax, wage and social debts -€9,072
down €9,072 (-42.2%), from €21,508 to €12,436
of which Taxes: -€6,234
- Profit (loss) carried forward +€7,312
up €7,312 (+13.6%), from -€53,849 to -€46,537
- Trade debts -€3,504
down €3,504 (-49.7%), from €7,056 to €3,552
- Write-downs +€39,755
new in 2025: €39,755
- Gross operating margin +€26,027
up €26,027 (+82.8%), from €31,443 to €57,470
- Other operating charges +€1,078
up €1,078 (+57.7%), from €1,868 to €2,946
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,921 | €46,711 | -€37,210 | -44.3% |
| Fixed assets | 21/28 | €34,810 | €20,029 | -€14,781 | -42.5% |
| Tangible fixed assets | 22/27 | €34,810 | €20,029 | -€14,781 | -42.5% |
| Plant, machinery and equipment | 23 | €14,981 | €3,483 | -€11,498 | -76.8% |
| Furniture and vehicles | 24 | €4,006 | €2,760 | -€1,246 | -31.1% |
| Other tangible fixed assets | 26 | €15,823 | €13,786 | -€2,037 | -12.9% |
| Current assets | 29/58 | €49,111 | €26,681 | -€22,430 | -45.7% |
| Stocks and contracts in progress | 3 | €4,695 | €6,650 | +€1,955 | +41.6% |
| Stocks | 30/36 | €4,695 | €6,650 | +€1,955 | +41.6% |
| Amounts receivable within one year | 40/41 | €36,996 | €13,728 | -€23,268 | -62.9% |
| Trade receivables | 40 | €13,124 | €13,654 | +€530 | +4.0% |
| Other amounts receivable | 41 | €23,873 | €75 | -€23,798 | -99.7% |
| Cash at bank and in hand | 54/58 | €7,084 | €4,464 | -€2,619 | -37.0% |
| Deferred charges and accrued income | 490/1 | €336 | €1,839 | +€1,503 | +447.0% |
| Total equity and liabilities | 10/49 | €83,921 | €46,711 | -€37,210 | -44.3% |
| Equity | 10/15 | -€26,499 | -€19,187 | +€7,312 | +27.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €8,750 | €8,750 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,750 | €8,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,849 | -€46,537 | +€7,312 | +13.6% |
| Amounts payable | 17/49 | €110,420 | €65,898 | -€44,522 | -40.3% |
| Amounts payable within one year | 42/48 | €110,420 | €65,898 | -€44,522 | -40.3% |
| Trade debts | 44 | €7,056 | €3,552 | -€3,504 | -49.7% |
| Suppliers | 440/4 | €7,056 | €3,552 | -€3,504 | -49.7% |
| Taxes, remuneration and social security | 45 | €21,508 | €12,436 | -€9,072 | -42.2% |
| Taxes | 450/3 | €18,670 | €12,436 | -€6,234 | -33.4% |
| Remuneration and social security | 454/9 | €2,838 | - | -€2,838 | |
| Other amounts payable | 47/48 | €81,856 | €49,910 | -€31,946 | -39.0% |
| Remuneration, social security and pensions | 62 | - | €316 | +€316 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,037 | €5,092 | +€55 | +1.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €39,755 | +€39,755 | |
| Other operating charges | 640/8 | €1,868 | €2,946 | +€1,078 | +57.7% |
| Gross operating margin | 9900 | €31,443 | €57,470 | +€26,027 | +82.8% |
| Operating profit (loss) | 9901 | €24,539 | €9,360 | -€15,178 | -61.9% |
| Financial income | 75/76B | €6 | €35 | +€29 | +475.0% |
| Recurring financial income | 75 | €6 | €35 | +€29 | +475.0% |
| Financial charges | 65/66B | €622 | €246 | -€376 | -60.4% |
| Recurring financial charges | 65 | €622 | €246 | -€376 | -60.4% |
| Profit (loss) for the period before taxes | 9903 | €23,923 | €9,149 | -€14,774 | -61.8% |
| Income taxes | 67/77 | €3,803 | €3,370 | -€433 | -11.4% |
| Profit (loss) for the period | 9904 | €20,120 | €5,779 | -€14,341 | -71.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,120 | €5,779 | -€14,341 | -71.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.