HASCELIK GROUP: 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.
HASCELIK GROUP
Largest movements
- Tangible fixed assets +€61,613
new in 2025: €61,613
- Receivables within one year -€26,425
down €26,425 (-38.7%), from €68,342 to €41,917
of which Other amounts receivable: -€13,501
- Cash +€2,062
up €2,062 (+16.3%), from €12,645 to €14,707
mainly Depreciation (+€44,427) and Trade debts (+€28,356)
- Trade debts +€28,356
up €28,356 (+388%), from €7,305 to €35,661
- Tax, wage and social debts +€8,403
up €8,403 (+188%), from €4,478 to €12,881
of which Taxes: +€7,545
- Profit (loss) carried forward -€5,363
down €5,363 (-14.5%), from €36,987 to €31,624
- Other debts +€2,224
up €2,224 (+46.0%), from €4,834 to €7,058
- Current portion of long-term debt +€2,048
up €2,048 (+19.6%), from €10,451 to €12,499
- Depreciation +€42,491
up €42,491 (+2,195%), from €1,936 to €44,427
- Other operating charges -€21,070
down €21,070 (-76.0%), from €27,714 to €6,644
- Gross operating margin +€19,594
up €19,594 (+15.1%), from €129,491 to €149,085
- Staff costs -€14,504
down €14,504 (-14.3%), from €101,104 to €86,601
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 | €95,027 | €132,277 | +€37,249 | +39.2% |
| Fixed assets | 21/28 | €14,040 | €75,653 | +€61,613 | +439% |
| Tangible fixed assets | 22/27 | - | €61,613 | +€61,613 | |
| Furniture and vehicles | 24 | - | €61,613 | +€61,613 | |
| Financial fixed assets | 28 | €14,040 | €14,040 | = | 0.0% |
| Current assets | 29/58 | €80,987 | €56,624 | -€24,363 | -30.1% |
| Amounts receivable within one year | 40/41 | €68,342 | €41,917 | -€26,425 | -38.7% |
| Trade receivables | 40 | €54,841 | €41,917 | -€12,924 | -23.6% |
| Other amounts receivable | 41 | €13,501 | - | -€13,501 | |
| Cash at bank and in hand | 54/58 | €12,645 | €14,707 | +€2,062 | +16.3% |
| Total equity and liabilities | 10/49 | €95,027 | €132,277 | +€37,249 | +39.2% |
| Equity | 10/15 | €51,247 | €45,884 | -€5,363 | -10.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,987 | €31,624 | -€5,363 | -14.5% |
| Amounts payable | 17/49 | €43,780 | €86,392 | +€42,612 | +97.3% |
| Amounts payable after more than one year | 17 | €16,713 | €18,294 | +€1,581 | +9.5% |
| Financial debts | 170/4 | €16,713 | €18,294 | +€1,581 | +9.5% |
| Amounts payable within one year | 42/48 | €27,067 | €68,099 | +€41,031 | +152% |
| Current portion of amounts payable after more than one year | 42 | €10,451 | €12,499 | +€2,048 | +19.6% |
| Trade debts | 44 | €7,305 | €35,661 | +€28,356 | +388% |
| Suppliers | 440/4 | €7,305 | €35,661 | +€28,356 | +388% |
| Taxes, remuneration and social security | 45 | €4,478 | €12,881 | +€8,403 | +188% |
| Taxes | 450/3 | €1,873 | €9,417 | +€7,545 | +403% |
| Remuneration and social security | 454/9 | €2,605 | €3,463 | +€858 | +32.9% |
| Other amounts payable | 47/48 | €4,834 | €7,058 | +€2,224 | +46.0% |
| Remuneration, social security and pensions | 62 | €101,104 | €86,601 | -€14,504 | -14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,936 | €44,427 | +€42,491 | +2,195% |
| Other operating charges | 640/8 | €27,714 | €6,644 | -€21,070 | -76.0% |
| Non-recurring operating charges | 66A | - | €9,450 | +€9,450 | |
| Gross operating margin | 9900 | €129,491 | €149,085 | +€19,594 | +15.1% |
| Operating profit (loss) | 9901 | -€1,263 | €1,963 | +€3,226 | |
| Financial charges | 65/66B | €8,518 | €7,326 | -€1,193 | -14.0% |
| Recurring financial charges | 65 | €8,518 | €7,326 | -€1,193 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,781 | -€5,363 | +€4,418 | +45.2% |
| Profit (loss) for the period | 9904 | -€9,781 | -€5,363 | +€4,418 | +45.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,781 | -€5,363 | +€4,418 | +45.2% |
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 18 October 2026 via checked.be.