HASCON: 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.
HASCON
Largest movements
- Cash -€439,466
down €439,466 (-70.3%), from €624,950 to €185,484
mainly Other debts (-€206,443) and Accrued charges and deferred income (-€91,191)
- Receivables within one year -€72,823
down €72,823 (-74.3%), from €97,950 to €25,127
of which Trade receivables: -€78,323
- Tangible fixed assets +€49,933
up €49,933 (+795.6%), from €6,276 to €56,209
of which Land and buildings: +€50,240
- Other debts -€206,443
down €206,443 (-80.5%), from €256,443 to €50,000
- Accrued charges and deferred income -€91,191
down €91,191 (-56.0%), from €162,934 to €71,743
- Trade debts -€90,433
down €90,433 (-98.9%), from €91,412 to €980
- Tax, wage and social debts -€87,319
down €87,319 (-94.4%), from €92,481 to €5,162
- Profit (loss) carried forward +€12,849
up €12,849 (+55.8%), from -€23,038 to -€10,189
- Gross operating margin +€24,505
up €24,505, from -€7,338 to €17,167
- Financial charges -€22,048
down €22,048 (-89.0%), from €24,767 to €2,719
- Taxes +€2,363
up €2,363 (+549.3%), from €430 to €2,794
- Financial income +€459
up €459 (+32.0%), from €1,436 to €1,895
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €730,232 | €267,695 | -€462,537 | -63.3% |
| Fixed assets | 21/28 | €7,331 | €57,084 | +€49,753 | +678.6% |
| Tangible fixed assets | 22/27 | €6,276 | €56,209 | +€49,933 | +795.6% |
| Land and buildings | 22 | €5,545 | €55,785 | +€50,240 | +906.0% |
| Plant, machinery and equipment | 23 | €731 | €423 | -€307 | -42.1% |
| Financial fixed assets | 28 | €1,056 | €876 | -€180 | -17.1% |
| Current assets | 29/58 | €722,901 | €210,611 | -€512,289 | -70.9% |
| Amounts receivable within one year | 40/41 | €97,950 | €25,127 | -€72,823 | -74.3% |
| Trade receivables | 40 | €97,950 | €19,627 | -€78,323 | -80.0% |
| Other amounts receivable | 41 | - | €5,500 | +€5,500 | |
| Cash at bank and in hand | 54/58 | €624,950 | €185,484 | -€439,466 | -70.3% |
| Total equity and liabilities | 10/49 | €730,232 | €267,695 | -€462,537 | -63.3% |
| Equity | 10/15 | €126,962 | €139,811 | +€12,849 | +10.1% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,038 | -€10,189 | +€12,849 | +55.8% |
| Amounts payable | 17/49 | €603,270 | €127,885 | -€475,385 | -78.8% |
| Amounts payable within one year | 42/48 | €440,337 | €56,142 | -€384,195 | -87.3% |
| Trade debts | 44 | €91,412 | €980 | -€90,433 | -98.9% |
| Suppliers | 440/4 | €91,412 | €980 | -€90,433 | -98.9% |
| Taxes, remuneration and social security | 45 | €92,481 | €5,162 | -€87,319 | -94.4% |
| Taxes | 450/3 | €92,481 | €5,162 | -€87,319 | -94.4% |
| Other amounts payable | 47/48 | €256,443 | €50,000 | -€206,443 | -80.5% |
| Accrued charges and deferred income | 492/3 | €162,934 | €71,743 | -€91,191 | -56.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €307 | €307 | = | 0.0% |
| Other operating charges | 640/8 | €384 | €394 | +€9 | +2.4% |
| Gross operating margin | 9900 | -€7,338 | €17,167 | +€24,505 | |
| Operating profit (loss) | 9901 | -€8,030 | €16,466 | +€24,496 | |
| Financial income | 75/76B | €1,436 | €1,895 | +€459 | +32.0% |
| Recurring financial income | 75 | €1,436 | €1,895 | +€459 | +32.0% |
| Financial charges | 65/66B | €24,767 | €2,719 | -€22,048 | -89.0% |
| Recurring financial charges | 65 | €24,767 | €2,719 | -€22,048 | -89.0% |
| Profit (loss) for the period before taxes | 9903 | -€31,360 | €15,642 | +€47,003 | |
| Income taxes | 67/77 | €430 | €2,794 | +€2,363 | +549.3% |
| Profit (loss) for the period | 9904 | -€31,791 | €12,849 | +€44,639 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,791 | €12,849 | +€44,639 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.