HASEMO: 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.
HASEMO
Largest movements
- Current investments -€600,000
no longer reported in 2025 (was €600,000)
- Cash +€581,888
up €581,888 (+992.1%), from €58,650 to €640,538
mainly Current investments (+€600,000) and Net result for the year (+€10,791)
- Tax, wage and social debts -€27,994
no longer reported in 2025 (was €27,994)
- Reserves +€10,791
up €10,791 (+3.9%), from €273,462 to €284,253
of which Distributable reserves: +€10,791
- Taxes -€172,793
down €172,793, from €167,996 to -€4,797
- Gross operating margin -€158,568
down €158,568, from €156,644 to -€1,924
- Financial income +€2,451
up €2,451 (+39.0%), from €6,289 to €8,740
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 | €659,241 | €640,558 | -€18,683 | -2.8% |
| Current assets | 29/58 | €659,241 | €640,558 | -€18,683 | -2.8% |
| Amounts receivable within one year | 40/41 | €592 | €21 | -€571 | -96.5% |
| Trade receivables | 40 | €592 | - | -€592 | |
| Other amounts receivable | 41 | - | €21 | +€21 | |
| Current investments | 50/53 | €600,000 | - | -€600,000 | |
| Cash at bank and in hand | 54/58 | €58,650 | €640,538 | +€581,888 | +992.1% |
| Total equity and liabilities | 10/49 | €659,241 | €640,558 | -€18,683 | -2.8% |
| Equity | 10/15 | €292,054 | €302,845 | +€10,791 | +3.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €273,462 | €284,253 | +€10,791 | +3.9% |
| Non-distributable reserves | 130/1 | €948 | €948 | = | 0.0% |
| Reserves not available under the articles | 1311 | €948 | €948 | = | 0.0% |
| Distributable reserves | 133 | €272,514 | €283,305 | +€10,791 | +4.0% |
| Amounts payable | 17/49 | €367,188 | €337,714 | -€29,474 | -8.0% |
| Amounts payable within one year | 42/48 | €367,188 | €337,714 | -€29,474 | -8.0% |
| Taxes, remuneration and social security | 45 | €27,994 | - | -€27,994 | |
| Taxes | 450/3 | €27,994 | - | -€27,994 | |
| Other amounts payable | 47/48 | €339,194 | €337,714 | -€1,480 | -0.4% |
| Other operating charges | 640/8 | €1,208 | €644 | -€564 | -46.7% |
| Gross operating margin | 9900 | €156,644 | -€1,924 | -€158,568 | |
| Operating profit (loss) | 9901 | €155,436 | -€2,568 | -€158,004 | |
| Financial income | 75/76B | €6,289 | €8,740 | +€2,451 | +39.0% |
| Recurring financial income | 75 | €6,289 | €8,740 | +€2,451 | +39.0% |
| Financial charges | 65/66B | €196 | €178 | -€18 | -9.3% |
| Recurring financial charges | 65 | €196 | €178 | -€18 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €161,529 | €5,994 | -€155,535 | -96.3% |
| Transfer from deferred taxes | 780 | €84,340 | - | -€84,340 | |
| Income taxes | 67/77 | €167,996 | -€4,797 | -€172,793 | |
| Profit (loss) for the period | 9904 | €77,873 | €10,791 | -€67,082 | -86.1% |
| Transfer from tax-exempt reserves | 789 | €200,785 | - | -€200,785 | |
| Profit (loss) for the period to be appropriated | 9905 | €278,659 | €10,791 | -€267,867 | -96.1% |
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 29 September 2026 via checked.be.