HAJCO: 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.
HAJCO
Largest movements
- Receivables within one year -€248,928
down €248,928 (-90.8%), from €274,078 to €25,149
of which Trade receivables: -€202,600
- Cash +€108,043
up €108,043 (+139.6%), from €77,401 to €185,443
mainly Receivables within one year (+€248,928) and Net result for the year (+€60,325)
- Profit (loss) carried forward -€204,311
down €204,311 (-77.2%), from €264,636 to €60,325
- Other debts +€49,522
up €49,522, from €0 to €49,522
- Trade debts +€12,121
up €12,121 (+1623.6%), from €747 to €12,868
- Gross operating margin -€145,169
down €145,169 (-63.1%), from €229,979 to €84,810
- Taxes -€34,192
down €34,192 (-65.2%), from €52,428 to €18,236
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 | €362,991 | €222,762 | -€140,228 | -38.6% |
| Fixed assets | 21/28 | €11,469 | €9,903 | -€1,566 | -13.7% |
| Tangible fixed assets | 22/27 | €11,469 | €9,903 | -€1,566 | -13.7% |
| Plant, machinery and equipment | 23 | €1,267 | €1,095 | -€172 | -13.6% |
| Furniture and vehicles | 24 | €10,202 | €8,808 | -€1,394 | -13.7% |
| Current assets | 29/58 | €351,522 | €212,859 | -€138,663 | -39.4% |
| Amounts receivable within one year | 40/41 | €274,078 | €25,149 | -€248,928 | -90.8% |
| Trade receivables | 40 | €226,800 | €24,200 | -€202,600 | -89.3% |
| Other amounts receivable | 41 | €47,278 | €949 | -€46,328 | -98.0% |
| Cash at bank and in hand | 54/58 | €77,401 | €185,443 | +€108,043 | +139.6% |
| Deferred charges and accrued income | 490/1 | €43 | €2,266 | +€2,223 | +5161.9% |
| Total equity and liabilities | 10/49 | €362,991 | €222,762 | -€140,228 | -38.6% |
| Equity | 10/15 | €274,636 | €70,325 | -€204,311 | -74.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €264,636 | €60,325 | -€204,311 | -77.2% |
| Amounts payable | 17/49 | €88,354 | €152,437 | +€64,083 | +72.5% |
| Amounts payable within one year | 42/48 | €88,354 | €152,437 | +€64,083 | +72.5% |
| Trade debts | 44 | €747 | €12,868 | +€12,121 | +1623.6% |
| Suppliers | 440/4 | €747 | €12,868 | +€12,121 | +1623.6% |
| Taxes, remuneration and social security | 45 | €87,608 | €90,047 | +€2,439 | +2.8% |
| Taxes | 450/3 | €87,608 | €90,047 | +€2,439 | +2.8% |
| Other amounts payable | 47/48 | €0 | €49,522 | +€49,522 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,501 | €3,549 | +€1,049 | +41.9% |
| Other operating charges | 640/8 | €1,400 | €2,397 | +€997 | +71.3% |
| Non-recurring operating charges | 66A | €4,728 | €0 | -€4,728 | -100.0% |
| Gross operating margin | 9900 | €229,979 | €84,810 | -€145,169 | -63.1% |
| Operating profit (loss) | 9901 | €221,350 | €78,863 | -€142,487 | -64.4% |
| Financial income | 75/76B | €1,406 | €0 | -€1,406 | -100.0% |
| Recurring financial income | 75 | €1,406 | €0 | -€1,406 | -100.0% |
| Financial charges | 65/66B | €307 | €302 | -€5 | -1.7% |
| Recurring financial charges | 65 | €307 | €302 | -€5 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | €222,450 | €78,561 | -€143,888 | -64.7% |
| Income taxes | 67/77 | €52,428 | €18,236 | -€34,192 | -65.2% |
| Profit (loss) for the period | 9904 | €170,021 | €60,325 | -€109,696 | -64.5% |
| Profit (loss) for the period to be appropriated | 9905 | €170,021 | €60,325 | -€109,696 | -64.5% |
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 12 October 2026 via checked.be.