HARTSTIKKIDé: what changed
Two fiscal 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.
HARTSTIKKIDé
Largest movements
- Current investments +€17,803
up €17,803 (+26.6%), from €66,883 to €84,686
- Cash -€11,200
down €11,200 (-42.1%), from €26,619 to €15,419
mainly Current investments (-€17,803) and Investment in fixed assets (net) (-€2,189)
- Tangible fixed assets -€6,162
down €6,162 (-31.2%), from €19,737 to €13,575
of which Furniture and vehicles: -€5,016
- Receivables within one year -€2,253
down €2,253 (-24.8%), from €9,074 to €6,821
of which Trade receivables: -€2,701
- Deferred charges and accrued income +€1,739
up €1,739 (+239.2%), from €727 to €2,466
- Profit (loss) carried forward +€1,349
up €1,349 (+7.3%), from €18,419 to €19,767
- Other debts -€1,301
down €1,301 (-6.5%), from €20,021 to €18,721
- Gross operating margin +€4,799
up €4,799 (+55.4%), from €8,667 to €13,466
- Other operating charges +€1,634
up €1,634 (+221.6%), from €738 to €2,372
- Depreciation +€1,017
up €1,017 (+13.9%), from €7,334 to €8,351
- Taxes +€647
up €647 (+52.1%), from €1,242 to €1,889
- Financial income +€249
up €249 (+56.6%), from €439 to €688
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 | €123,039 | €122,967 | -€73 | -0.1% |
| Fixed assets | 21/28 | €19,737 | €13,575 | -€6,162 | -31.2% |
| Tangible fixed assets | 22/27 | €19,737 | €13,575 | -€6,162 | -31.2% |
| Plant, machinery and equipment | 23 | €4,477 | €3,331 | -€1,145 | -25.6% |
| Furniture and vehicles | 24 | €15,260 | €10,243 | -€5,016 | -32.9% |
| Current assets | 29/58 | €103,303 | €109,392 | +€6,089 | +5.9% |
| Amounts receivable within one year | 40/41 | €9,074 | €6,821 | -€2,253 | -24.8% |
| Trade receivables | 40 | €6,137 | €3,437 | -€2,701 | -44.0% |
| Other amounts receivable | 41 | €2,936 | €3,384 | +€448 | +15.3% |
| Current investments | 50/53 | €66,883 | €84,686 | +€17,803 | +26.6% |
| Cash at bank and in hand | 54/58 | €26,619 | €15,419 | -€11,200 | -42.1% |
| Deferred charges and accrued income | 490/1 | €727 | €2,466 | +€1,739 | +239.2% |
| Total equity and liabilities | 10/49 | €123,039 | €122,967 | -€73 | -0.1% |
| Equity | 10/15 | €89,519 | €90,868 | +€1,349 | +1.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €64,901 | €64,901 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,500 | €5,500 | = | 0.0% |
| Distributable reserves | 133 | €59,401 | €59,401 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,419 | €19,767 | +€1,349 | +7.3% |
| Amounts payable | 17/49 | €33,520 | €32,098 | -€1,421 | -4.2% |
| Amounts payable after more than one year | 17 | €10,000 | €10,000 | = | 0.0% |
| Financial debts | 170/4 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €23,520 | €22,098 | -€1,421 | -6.0% |
| Financial debts | 43 | - | €111 | +€111 | |
| Credit institutions | 430/8 | - | €111 | +€111 | |
| Trade debts | 44 | €1,600 | €1,952 | +€352 | +22.0% |
| Suppliers | 440/4 | €1,600 | €1,952 | +€352 | +22.0% |
| Taxes, remuneration and social security | 45 | €1,899 | €1,315 | -€584 | -30.7% |
| Taxes | 450/3 | €1,899 | €1,315 | -€584 | -30.7% |
| Other amounts payable | 47/48 | €20,021 | €18,721 | -€1,301 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,334 | €8,351 | +€1,017 | +13.9% |
| Other operating charges | 640/8 | €738 | €2,372 | +€1,634 | +221.6% |
| Non-recurring operating charges | 66A | €250 | - | -€250 | |
| Gross operating margin | 9900 | €8,667 | €13,466 | +€4,799 | +55.4% |
| Operating profit (loss) | 9901 | €346 | €2,743 | +€2,397 | +692.3% |
| Financial income | 75/76B | €439 | €688 | +€249 | +56.6% |
| Recurring financial income | 75 | €439 | €688 | +€249 | +56.6% |
| Financial charges | 65/66B | €196 | €193 | -€3 | -1.6% |
| Recurring financial charges | 65 | €196 | €193 | -€3 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €589 | €3,238 | +€2,648 | +449.5% |
| Income taxes | 67/77 | €1,242 | €1,889 | +€647 | +52.1% |
| Profit (loss) for the period | 9904 | -€653 | €1,349 | +€2,001 | |
| Profit (loss) for the period to be appropriated | 9905 | -€653 | €1,349 | +€2,001 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.