HAPAXES IT INTERNATIONAL: 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.
HAPAXES IT INTERNATIONAL
Largest movements
- Receivables within one year +€9,761
up €9,761 (+840%), from €1,162 to €10,923
of which Trade receivables: +€10,074
- Cash -€2,276
down €2,276 (-87.7%), from €2,596 to €320
mainly Receivables within one year (-€9,761) and Trade debts (-€526)
- Tangible fixed assets -€291
down €291 (-39.7%), from €735 to €443
- Deferred charges and accrued income +€149
up €149 (+16.8%), from €889 to €1,038
- Other debts +€6,302
up €6,302 (+15.0%), from €42,150 to €48,452
- Profit (loss) carried forward +€1,536
up €1,536 (+2.3%), from -€66,301 to -€64,766
- Trade debts -€526
down €526 (-56.4%), from €933 to €407
- Gross operating margin +€9,442
up €9,442, from -€6,556 to €2,886
- Other operating charges +€793
up €793 (+407%), from €195 to €988
- Depreciation +€152
up €152 (+109%), from €139 to €291
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 | €5,382 | €12,725 | +€7,343 | +136% |
| Fixed assets | 21/28 | €735 | €443 | -€291 | -39.7% |
| Tangible fixed assets | 22/27 | €735 | €443 | -€291 | -39.7% |
| Furniture and vehicles | 24 | €735 | €443 | -€291 | -39.7% |
| Current assets | 29/58 | €4,647 | €12,282 | +€7,635 | +164% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €1,162 | €10,923 | +€9,761 | +840% |
| Trade receivables | 40 | €849 | €10,923 | +€10,074 | +1,186% |
| Other amounts receivable | 41 | €313 | €0 | -€313 | -100% |
| Cash at bank and in hand | 54/58 | €2,596 | €320 | -€2,276 | -87.7% |
| Deferred charges and accrued income | 490/1 | €889 | €1,038 | +€149 | +16.8% |
| Total equity and liabilities | 10/49 | €5,382 | €12,725 | +€7,343 | +136% |
| Equity | 10/15 | -€37,701 | -€36,166 | +€1,536 | +4.1% |
| Contributions | 10/11 | €28,600 | €28,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,301 | -€64,766 | +€1,536 | +2.3% |
| Amounts payable | 17/49 | €43,083 | €48,891 | +€5,808 | +13.5% |
| Amounts payable within one year | 42/48 | €43,083 | €48,891 | +€5,808 | +13.5% |
| Trade debts | 44 | €933 | €407 | -€526 | -56.4% |
| Suppliers | 440/4 | €933 | €407 | -€526 | -56.4% |
| Taxes, remuneration and social security | 45 | - | €32 | +€32 | |
| Taxes | 450/3 | - | €32 | +€32 | |
| Other amounts payable | 47/48 | €42,150 | €48,452 | +€6,302 | +15.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €139 | €291 | +€152 | +109% |
| Other operating charges | 640/8 | €195 | €988 | +€793 | +407% |
| Gross operating margin | 9900 | -€6,556 | €2,886 | +€9,442 | |
| Operating profit (loss) | 9901 | -€6,890 | €1,607 | +€8,497 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €59 | €72 | +€13 | +21.5% |
| Recurring financial charges | 65 | €59 | €72 | +€13 | +21.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,949 | €1,536 | +€8,484 | |
| Profit (loss) for the period | 9904 | -€6,949 | €1,536 | +€8,484 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,949 | €1,536 | +€8,484 |
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 29 October 2026 via checked.be.