HASARD CONCEPT: 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.
HASARD CONCEPT
Largest movements
- Receivables within one year -€4,643
no longer reported in 2025 (was €4,643)
- Cash -€1,080
down €1,080 (-13.0%), from €8,337 to €7,257
mainly Tax, wage and social debts (-€2,129) and Trade debts (-€1,945)
- Tax, wage and social debts -€2,129
down €2,129 (-58.2%), from €3,658 to €1,529
of which Taxes: -€1,129
- Trade debts -€1,945
down €1,945 (-38.3%), from €5,082 to €3,137
- Profit (loss) carried forward -€1,507
down €1,507 (-1594.2%), from -€95 to -€1,602
- Other debts -€781
down €781 (-58.5%), from €1,335 to €554
- Advances received +€639
new in 2025: €639
- Staff costs +€1,629
new in 2025: €1,629
- Gross operating margin +€290
up €290, from -€64 to €226
- Financial charges +€73
up €73 (+237.5%), from €31 to €104
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 | €12,980 | €7,257 | -€5,723 | -44.1% |
| Current assets | 29/58 | €12,980 | €7,257 | -€5,723 | -44.1% |
| Amounts receivable within one year | 40/41 | €4,643 | - | -€4,643 | |
| Trade receivables | 40 | €4,643 | - | -€4,643 | |
| Cash at bank and in hand | 54/58 | €8,337 | €7,257 | -€1,080 | -13.0% |
| Total equity and liabilities | 10/49 | €12,980 | €7,257 | -€5,723 | -44.1% |
| Equity | 10/15 | €2,905 | €1,398 | -€1,507 | -51.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€95 | -€1,602 | -€1,507 | -1594.2% |
| Amounts payable | 17/49 | €10,075 | €5,859 | -€4,216 | -41.8% |
| Amounts payable within one year | 42/48 | €10,075 | €5,859 | -€4,216 | -41.8% |
| Trade debts | 44 | €5,082 | €3,137 | -€1,945 | -38.3% |
| Suppliers | 440/4 | €5,082 | €3,137 | -€1,945 | -38.3% |
| Advances received on contracts in progress | 46 | - | €639 | +€639 | |
| Taxes, remuneration and social security | 45 | €3,658 | €1,529 | -€2,129 | -58.2% |
| Taxes | 450/3 | €2,658 | €1,529 | -€1,129 | -42.5% |
| Remuneration and social security | 454/9 | €1,000 | - | -€1,000 | |
| Other amounts payable | 47/48 | €1,335 | €554 | -€781 | -58.5% |
| Remuneration, social security and pensions | 62 | - | €1,629 | +€1,629 | |
| Gross operating margin | 9900 | -€64 | €226 | +€290 | |
| Operating profit (loss) | 9901 | -€64 | -€1,403 | -€1,339 | -2105.4% |
| Financial charges | 65/66B | €31 | €104 | +€73 | +237.5% |
| Recurring financial charges | 65 | €31 | €104 | +€73 | +237.5% |
| Profit (loss) for the period before taxes | 9903 | -€95 | -€1,507 | -€1,413 | -1494.2% |
| Profit (loss) for the period | 9904 | -€95 | -€1,507 | -€1,413 | -1494.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€95 | -€1,507 | -€1,413 | -1494.2% |
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.