HARTsLACH: 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.
HARTsLACH
Largest movements
- Intangible fixed assets -€2,055
down €2,055 (-33.3%), from €6,165 to €4,110
- Receivables within one year -€1,666
down €1,666 (-92.6%), from €1,799 to €133
of which Trade receivables: -€1,500
- Profit (loss) carried forward -€11,925
down €11,925 (-78.4%), from -€15,219 to -€27,144
- Other debts +€8,265
up €8,265 (+172%), from €4,816 to €13,081
- Accrued charges and deferred income -€130
no longer reported in 2025 (was €130)
- Gross operating margin -€441
down €441 (-5.1%), from -€8,578 to -€9,019
- Other operating charges -€116
down €116 (-17.1%), from €678 to €562
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 | €8,298 | €4,509 | -€3,790 | -45.7% |
| Fixed assets | 21/28 | €6,165 | €4,110 | -€2,055 | -33.3% |
| Intangible fixed assets | 21 | €6,165 | €4,110 | -€2,055 | -33.3% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €2,133 | €399 | -€1,735 | -81.3% |
| Amounts receivable within one year | 40/41 | €1,799 | €133 | -€1,666 | -92.6% |
| Trade receivables | 40 | €1,500 | - | -€1,500 | |
| Other amounts receivable | 41 | €299 | €133 | -€166 | -55.5% |
| Cash at bank and in hand | 54/58 | €50 | €37 | -€12 | -25.0% |
| Deferred charges and accrued income | 490/1 | €285 | €228 | -€57 | -19.8% |
| Total equity and liabilities | 10/49 | €8,298 | €4,509 | -€3,790 | -45.7% |
| Equity | 10/15 | €3,331 | -€8,594 | -€11,925 | |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,219 | -€27,144 | -€11,925 | -78.4% |
| Amounts payable | 17/49 | €4,967 | €13,102 | +€8,135 | +164% |
| Amounts payable within one year | 42/48 | €4,837 | €13,102 | +€8,265 | +171% |
| Trade debts | 44 | €21 | €22 | +€1 | +3.2% |
| Suppliers | 440/4 | €21 | €22 | +€1 | +3.2% |
| Other amounts payable | 47/48 | €4,816 | €13,081 | +€8,265 | +172% |
| Accrued charges and deferred income | 492/3 | €130 | - | -€130 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,055 | €2,055 | = | 0.0% |
| Other operating charges | 640/8 | €678 | €562 | -€116 | -17.1% |
| Gross operating margin | 9900 | -€8,578 | -€9,019 | -€441 | -5.1% |
| Operating profit (loss) | 9901 | -€11,312 | -€11,636 | -€325 | -2.9% |
| Financial income | 75/76B | €30 | - | -€30 | |
| Recurring financial income | 75 | €30 | - | -€30 | |
| Financial charges | 65/66B | €293 | €289 | -€4 | -1.5% |
| Recurring financial charges | 65 | €293 | €289 | -€4 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | -€11,575 | -€11,925 | -€350 | -3.0% |
| Income taxes | 67/77 | €2 | - | -€2 | |
| Profit (loss) for the period | 9904 | -€11,577 | -€11,925 | -€348 | -3.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,577 | -€11,925 | -€348 | -3.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.