Hasa Consulting: 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.
Hasa Consulting
Largest movements
- Tangible fixed assets -€55,513
no longer reported in 2025 (was €55,513)
- Cash -€27,894
down €27,894 (-13.5%), from €206,796 to €178,902
mainly Contributions, distributions and other (-€317,347) and Trade debts (-€10,197)
- Deferred charges and accrued income +€4,672
new in 2025: €4,672
- Reserves -€258,983
down €258,983 (-100.0%), from €258,983 to €0
- Other debts +€185,579
up €185,579 (+22,339%), from €831 to €186,410
- Trade debts -€10,197
no longer reported in 2025 (was €10,197)
- Tax, wage and social debts +€7,961
up €7,961 (+89.3%), from €8,919 to €16,879
of which Taxes: +€5,851
- Accrued charges and deferred income -€3,550
no longer reported in 2025 (was €3,550)
- Gross operating margin -€12,707
down €12,707 (-13.6%), from €93,189 to €80,482
- Depreciation +€2,051
new in 2025: €2,051
- Taxes -€1,759
down €1,759 (-9.5%), from €18,557 to €16,799
- Other operating charges +€961
up €961 (+119%), from €811 to €1,772
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 | €285,479 | €206,615 | -€78,864 | -27.6% |
| Fixed assets | 21/28 | €55,513 | - | -€55,513 | |
| Tangible fixed assets | 22/27 | €55,513 | - | -€55,513 | |
| Assets under construction and advance payments | 27 | €55,513 | - | -€55,513 | |
| Current assets | 29/58 | €229,966 | €206,615 | -€23,351 | -10.2% |
| Amounts receivable within one year | 40/41 | €23,170 | €23,041 | -€129 | -0.6% |
| Trade receivables | 40 | €16,538 | €14,619 | -€1,919 | -11.6% |
| Other amounts receivable | 41 | €6,632 | €8,421 | +€1,790 | +27.0% |
| Cash at bank and in hand | 54/58 | €206,796 | €178,902 | -€27,894 | -13.5% |
| Deferred charges and accrued income | 490/1 | - | €4,672 | +€4,672 | |
| Total equity and liabilities | 10/49 | €285,479 | €206,615 | -€78,864 | -27.6% |
| Equity | 10/15 | €261,983 | €3,000 | -€258,983 | -98.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | - | -€3,000 | |
| Other | 1109/19 | €3,000 | - | -€3,000 | |
| Reserves | 13 | €258,983 | €0 | -€258,983 | -100.0% |
| Distributable reserves | 133 | €258,983 | €0 | -€258,983 | -100.0% |
| Amounts payable | 17/49 | €23,496 | €203,615 | +€180,119 | +767% |
| Amounts payable within one year | 42/48 | €19,946 | €203,615 | +€183,669 | +921% |
| Financial debts | 43 | - | €326 | +€326 | |
| Credit institutions | 430/8 | - | €326 | +€326 | |
| Trade debts | 44 | €10,197 | - | -€10,197 | |
| Suppliers | 440/4 | €10,197 | - | -€10,197 | |
| Taxes, remuneration and social security | 45 | €8,919 | €16,879 | +€7,961 | +89.3% |
| Taxes | 450/3 | €8,919 | €14,769 | +€5,851 | +65.6% |
| Remuneration and social security | 454/9 | - | €2,110 | +€2,110 | |
| Other amounts payable | 47/48 | €831 | €186,410 | +€185,579 | +22,339% |
| Accrued charges and deferred income | 492/3 | €3,550 | - | -€3,550 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,051 | +€2,051 | |
| Other operating charges | 640/8 | €811 | €1,772 | +€961 | +119% |
| Gross operating margin | 9900 | €93,189 | €80,482 | -€12,707 | -13.6% |
| Operating profit (loss) | 9901 | €92,378 | €76,659 | -€15,719 | -17.0% |
| Financial charges | 65/66B | €1,490 | €1,497 | +€7 | +0.5% |
| Recurring financial charges | 65 | €1,490 | €1,497 | +€7 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €90,888 | €75,162 | -€15,726 | -17.3% |
| Income taxes | 67/77 | €18,557 | €16,799 | -€1,759 | -9.5% |
| Profit (loss) for the period | 9904 | €72,331 | €58,364 | -€13,967 | -19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €72,331 | €58,364 | -€13,967 | -19.3% |
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 14 October 2026 via checked.be.