HASHBLOCK: 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.
HASHBLOCK
Largest movements
- Receivables within one year +€855,404
up €855,404 (+542%), from €157,903 to €1.0m
of which Trade receivables: +€856,069
- Cash +€367,438
up €367,438 (+2,741%), from €13,404 to €380,842
mainly Accrued charges and deferred income (+€637,905) and Net result for the year (+€370,675)
- Tangible fixed assets +€138,245
up €138,245 (+34.4%), from €401,409 to €539,654
of which Plant, machinery and equipment: +€140,372
- Deferred charges and accrued income -€65,697
down €65,697 (-34.3%), from €191,317 to €125,620
- Accrued charges and deferred income +€637,905
up €637,905 (+899%), from €70,993 to €708,899
- Debts after one year -€441,218
down €441,218 (-57.6%), from €765,583 to €324,365
- Profit (loss) carried forward +€370,675
up €370,675 (+91.9%), from -€403,537 to -€32,862
- Trade debts +€367,675
up €367,675 (+422%), from €87,123 to €454,798
- Current portion of long-term debt +€252,956
up €252,956 (+134%), from €188,262 to €441,218
- Gross operating margin +€577,581
up €577,581 (+235%), from €245,876 to €823,458
- Depreciation -€62,480
down €62,480 (-14.5%), from €431,805 to €369,325
- Financial charges +€15,953
up €15,953 (+20.5%), from €77,791 to €93,744
- Financial income +€12,704
up €12,704 (+194%), from €6,545 to €19,249
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €869,533 | €2,165,943 | +€1.3m | +149% |
| Fixed assets | 21/28 | €506,909 | €646,174 | +€139,265 | +27.5% |
| Tangible fixed assets | 22/27 | €401,409 | €539,654 | +€138,245 | +34.4% |
| Plant, machinery and equipment | 23 | €399,089 | €539,461 | +€140,372 | +35.2% |
| Furniture and vehicles | 24 | €2,320 | €193 | -€2,127 | -91.7% |
| Financial fixed assets | 28 | €105,500 | €106,520 | +€1,020 | +1.0% |
| Current assets | 29/58 | €362,624 | €1,519,769 | +€1.2m | +319% |
| Amounts receivable within one year | 40/41 | €157,903 | €1,013,307 | +€855,404 | +542% |
| Trade receivables | 40 | €38,413 | €894,482 | +€856,069 | +2,229% |
| Other amounts receivable | 41 | €119,490 | €118,825 | -€665 | -0.6% |
| Cash at bank and in hand | 54/58 | €13,404 | €380,842 | +€367,438 | +2,741% |
| Deferred charges and accrued income | 490/1 | €191,317 | €125,620 | -€65,697 | -34.3% |
| Total equity and liabilities | 10/49 | €869,533 | €2,165,943 | +€1.3m | +149% |
| Equity | 10/15 | -€251,037 | €119,638 | +€370,675 | |
| Contributions | 10/11 | €152,500 | €152,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€403,537 | -€32,862 | +€370,675 | +91.9% |
| Amounts payable | 17/49 | €1,120,570 | €2,046,305 | +€925,736 | +82.6% |
| Amounts payable after more than one year | 17 | €765,583 | €324,365 | -€441,218 | -57.6% |
| Financial debts | 170/4 | €765,583 | €324,365 | -€441,218 | -57.6% |
| Amounts payable within one year | 42/48 | €283,994 | €1,013,042 | +€729,049 | +257% |
| Current portion of amounts payable after more than one year | 42 | €188,262 | €441,218 | +€252,956 | +134% |
| Financial debts | 43 | €1,065 | €14,976 | +€13,910 | +1,306% |
| Credit institutions | 430/8 | €1,065 | €14,976 | +€13,910 | +1,306% |
| Trade debts | 44 | €87,123 | €454,798 | +€367,675 | +422% |
| Suppliers | 440/4 | €87,123 | €454,798 | +€367,675 | +422% |
| Taxes, remuneration and social security | 45 | €7,500 | €45 | -€7,455 | -99.4% |
| Taxes | 450/3 | €7,500 | €45 | -€7,455 | -99.4% |
| Other amounts payable | 47/48 | €44 | €102,006 | +€101,962 | +233,429% |
| Accrued charges and deferred income | 492/3 | €70,993 | €708,899 | +€637,905 | +899% |
| Non-recurring operating income | 76A | €7,773 | €0 | -€7,773 | -100% |
| Remuneration, social security and pensions | 62 | - | €74 | +€74 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €431,805 | €369,325 | -€62,480 | -14.5% |
| Other operating charges | 640/8 | €528 | €7,114 | +€6,587 | +1,248% |
| Non-recurring operating charges | 66A | €11,225 | €1,775 | -€9,450 | -84.2% |
| Gross operating margin | 9900 | €245,876 | €823,458 | +€577,581 | +235% |
| Operating profit (loss) | 9901 | -€197,681 | €445,170 | +€642,851 | |
| Financial income | 75/76B | €6,545 | €19,249 | +€12,704 | +194% |
| Recurring financial income | 75 | €6,545 | €19,249 | +€12,704 | +194% |
| Financial charges | 65/66B | €77,791 | €93,744 | +€15,953 | +20.5% |
| Recurring financial charges | 65 | €77,791 | €93,744 | +€15,953 | +20.5% |
| Profit (loss) for the period before taxes | 9903 | -€268,927 | €370,675 | +€639,602 | |
| Profit (loss) for the period | 9904 | -€268,927 | €370,675 | +€639,602 | |
| Profit (loss) for the period to be appropriated | 9905 | -€268,927 | €370,675 | +€639,602 |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.