HASHIMOTO: 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.
HASHIMOTO
Largest movements
- Cash +€151,407
up €151,407 (+74.6%), from €202,906 to €354,313
- Receivables within one year +€104,027
up €104,027 (+11.6%), from €899,288 to €1.0m
- Other debts +€243,054
up €243,054 (+24.4%), from €995,847 to €1.2m
- Staff costs -€835
down €835 (-32.2%), from €2,592 to €1,757
- Gross operating margin -€372
down €372 (-3.0%), from €12,239 to €11,867
- Taxes +€326
new in 2025: €326
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,127,104 | €1,374,224 | +€247,120 | +21.9% |
| Fixed assets | 21/28 | €24,910 | €16,596 | -€8,314 | -33.4% |
| Tangible fixed assets | 22/27 | €24,910 | €16,596 | -€8,314 | -33.4% |
| Plant, machinery and equipment | 23 | €24,910 | €16,596 | -€8,314 | -33.4% |
| Current assets | 29/58 | €1,102,194 | €1,357,628 | +€255,434 | +23.2% |
| Amounts receivable within one year | 40/41 | €899,288 | €1,003,315 | +€104,027 | +11.6% |
| Other amounts receivable | 41 | €899,288 | €1,003,315 | +€104,027 | +11.6% |
| Cash at bank and in hand | 54/58 | €202,906 | €354,313 | +€151,407 | +74.6% |
| Total equity and liabilities | 10/49 | €1,127,104 | €1,374,224 | +€247,120 | +21.9% |
| Equity | 10/15 | €10,811 | €10,811 | = | 0.0% |
| Contributions | 10/11 | €10,811 | €10,811 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €1,116,293 | €1,363,413 | +€247,120 | +22.1% |
| Amounts payable within one year | 42/48 | €1,116,293 | €1,355,648 | +€239,355 | +21.4% |
| Trade debts | 44 | €120,446 | €116,746 | -€3,700 | -3.1% |
| Suppliers | 440/4 | €120,446 | €116,746 | -€3,700 | -3.1% |
| Other amounts payable | 47/48 | €995,847 | €1,238,902 | +€243,054 | +24.4% |
| Accrued charges and deferred income | 492/3 | - | €7,765 | +€7,765 | |
| Remuneration, social security and pensions | 62 | €2,592 | €1,757 | -€835 | -32.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,314 | €8,314 | = | 0.0% |
| Other operating charges | 640/8 | €1,194 | €1,226 | +€33 | +2.8% |
| Gross operating margin | 9900 | €12,239 | €11,867 | -€372 | -3.0% |
| Operating profit (loss) | 9901 | €140 | €570 | +€430 | +306.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €140 | €244 | +€104 | +74.2% |
| Recurring financial charges | 65 | €140 | €244 | +€104 | +74.2% |
| Profit (loss) for the period before taxes | 9903 | €0 | €326 | +€326 | |
| Income taxes | 67/77 | - | €326 | +€326 | |
| Profit (loss) for the period | 9904 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €0 | - | = |
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 30 September 2026 via checked.be.