HASHTECH: 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.
HASHTECH
Largest movements
- Receivables within one year +€20,380
up €20,380 (+3722.2%), from €548 to €20,928
of which Trade receivables: +€20,380
- Cash -€18,666
down €18,666 (-83.0%), from €22,493 to €3,826
mainly Receivables within one year (-€20,380) and Other debts (-€4,249)
- Deferred charges and accrued income -€1,865
down €1,865 (-89.2%), from €2,091 to €226
- Tangible fixed assets -€1,662
down €1,662 (-55.1%), from €3,016 to €1,354
of which Plant, machinery and equipment: -€1,065
- Other debts -€4,249
down €4,249 (-48.0%), from €8,852 to €4,603
- Profit (loss) carried forward +€1,316
up €1,316 (+11.7%), from €11,209 to €12,524
- Tax, wage and social debts +€742
up €742 (+12.4%), from €5,966 to €6,707
- Trade debts +€379
up €379 (+310.9%), from €122 to €500
- Gross operating margin -€1,360
down €1,360 (-21.5%), from €6,337 to €4,977
- Other operating charges +€408
up €408 (+295.2%), from €138 to €546
- Taxes -€273
down €273 (-15.8%), from €1,726 to €1,453
- Depreciation +€166
up €166 (+11.1%), from €1,496 to €1,662
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 | €28,148 | €26,334 | -€1,814 | -6.4% |
| Fixed assets | 21/28 | €3,016 | €1,354 | -€1,662 | -55.1% |
| Tangible fixed assets | 22/27 | €3,016 | €1,354 | -€1,662 | -55.1% |
| Plant, machinery and equipment | 23 | €1,656 | €591 | -€1,065 | -64.3% |
| Furniture and vehicles | 24 | €1,360 | €763 | -€597 | -43.9% |
| Current assets | 29/58 | €25,131 | €24,980 | -€151 | -0.6% |
| Amounts receivable within one year | 40/41 | €548 | €20,928 | +€20,380 | +3722.2% |
| Trade receivables | 40 | €548 | €20,928 | +€20,380 | +3722.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €22,493 | €3,826 | -€18,666 | -83.0% |
| Deferred charges and accrued income | 490/1 | €2,091 | €226 | -€1,865 | -89.2% |
| Total equity and liabilities | 10/49 | €28,148 | €26,334 | -€1,814 | -6.4% |
| Equity | 10/15 | €13,209 | €14,524 | +€1,316 | +10.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,209 | €12,524 | +€1,316 | +11.7% |
| Amounts payable | 17/49 | €14,939 | €11,810 | -€3,129 | -20.9% |
| Amounts payable within one year | 42/48 | €14,939 | €11,810 | -€3,129 | -20.9% |
| Trade debts | 44 | €122 | €500 | +€379 | +310.9% |
| Suppliers | 440/4 | €122 | €500 | +€379 | +310.9% |
| Taxes, remuneration and social security | 45 | €5,966 | €6,707 | +€742 | +12.4% |
| Taxes | 450/3 | €5,966 | €6,707 | +€742 | +12.4% |
| Other amounts payable | 47/48 | €8,852 | €4,603 | -€4,249 | -48.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,496 | €1,662 | +€166 | +11.1% |
| Other operating charges | 640/8 | €138 | €546 | +€408 | +295.2% |
| Gross operating margin | 9900 | €6,337 | €4,977 | -€1,360 | -21.5% |
| Operating profit (loss) | 9901 | €4,703 | €2,768 | -€1,934 | -41.1% |
| Financial income | 75/76B | €10 | €0 | -€10 | -100.0% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €4,713 | €2,768 | -€1,944 | -41.3% |
| Income taxes | 67/77 | €1,726 | €1,453 | -€273 | -15.8% |
| Profit (loss) for the period | 9904 | €2,987 | €1,316 | -€1,671 | -56.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,987 | €1,316 | -€1,671 | -56.0% |
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 10 October 2026 via checked.be.