hashting solutions: 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.
hashting solutions
Largest movements
- Cash +€11.0m
up €11.0m (+649%), from €1.7m to €12.7m
mainly Trade debts (+€12.0m) and Net result for the year (+€306,923)
- Receivables within one year +€698,966
up €698,966 (+34.2%), from €2.0m to €2.7m
of which Trade receivables: +€762,273
- Current investments +€188,423
up €188,423 (+360%), from €52,354 to €240,777
- Trade debts +€12.0m
up €12.0m (+484%), from €2.5m to €14.5m
- Accrued charges and deferred income -€450,692
no longer reported in 2025 (was €450,692)
- Profit (loss) carried forward +€304,483
up €304,483, from -€258,113 to €46,370
- Gross operating margin +€479,003
up €479,003 (+68.7%), from €697,309 to €1.2m
- Staff costs +€127,631
up €127,631 (+31.4%), from €405,856 to €533,487
- Write-downs +€76,536
up €76,536 (+1,182%), from €6,477 to €83,013
- Other operating charges -€64,968
down €64,968 (-29.7%), from €219,032 to €154,064
- Taxes +€45,331
up €45,331 (+2,706%), from €1,675 to €47,006
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.
Derived cash bridge
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 | €4,018,105 | €15,883,820 | +€11.9m | +295% |
| Fixed assets | 21/28 | €220,046 | €198,150 | -€21,896 | -10.0% |
| Intangible fixed assets | 21 | €49,041 | €39,041 | -€10,000 | -20.4% |
| Financial fixed assets | 28 | €171,004 | €159,109 | -€11,896 | -7.0% |
| Current assets | 29/58 | €3,798,059 | €15,685,670 | +€11.9m | +313% |
| Amounts receivable within one year | 40/41 | €2,042,654 | €2,741,620 | +€698,966 | +34.2% |
| Trade receivables | 40 | €1,929,686 | €2,691,959 | +€762,273 | +39.5% |
| Other amounts receivable | 41 | €112,969 | €49,661 | -€63,307 | -56.0% |
| Current investments | 50/53 | €52,354 | €240,777 | +€188,423 | +360% |
| Cash at bank and in hand | 54/58 | €1,696,102 | €12,696,375 | +€11.0m | +649% |
| Deferred charges and accrued income | 490/1 | €6,949 | €6,897 | -€51 | -0.7% |
| Total equity and liabilities | 10/49 | €4,018,105 | €15,883,820 | +€11.9m | +295% |
| Equity | 10/15 | €510,406 | €817,330 | +€306,923 | +60.1% |
| Contributions | 10/11 | €768,520 | €768,520 | = | 0.0% |
| Capital | 10 | €768,520 | €768,520 | = | 0.0% |
| Issued capital | 100 | €768,520 | €768,520 | = | 0.0% |
| Reserves | 13 | - | €2,441 | +€2,441 | |
| Non-distributable reserves | 130/1 | - | €2,441 | +€2,441 | |
| Legal reserve | 130 | - | €2,441 | +€2,441 | |
| Profit (loss) carried forward | 14 | -€258,113 | €46,370 | +€304,483 | |
| Amounts payable | 17/49 | €3,507,698 | €15,066,491 | +€11.6m | +330% |
| Amounts payable within one year | 42/48 | €3,057,006 | €15,066,491 | +€12.0m | +393% |
| Current portion of amounts payable after more than one year | 42 | €100,279 | - | -€100,279 | |
| Financial debts | 43 | €403,039 | €405,824 | +€2,786 | +0.7% |
| Credit institutions | 430/8 | €3,039 | €5,824 | +€2,786 | +91.7% |
| Other loans | 439 | €400,000 | €400,000 | = | 0.0% |
| Trade debts | 44 | €2,491,406 | €14,540,119 | +€12.0m | +484% |
| Suppliers | 440/4 | €2,491,406 | €14,540,119 | +€12.0m | +484% |
| Taxes, remuneration and social security | 45 | €62,283 | €120,547 | +€58,264 | +93.5% |
| Taxes | 450/3 | €10,777 | €59,465 | +€48,687 | +452% |
| Remuneration and social security | 454/9 | €51,505 | €61,082 | +€9,577 | +18.6% |
| Accrued charges and deferred income | 492/3 | €450,692 | - | -€450,692 | |
| Remuneration, social security and pensions | 62 | €405,856 | €533,487 | +€127,631 | +31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,150 | €10,000 | +€7,850 | +365% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,477 | €83,013 | +€76,536 | +1,182% |
| Other operating charges | 640/8 | €219,032 | €154,064 | -€64,968 | -29.7% |
| Non-recurring operating charges | 66A | - | €5,114 | +€5,114 | |
| Gross operating margin | 9900 | €697,309 | €1,176,312 | +€479,003 | +68.7% |
| Operating profit (loss) | 9901 | €63,795 | €390,634 | +€326,839 | +512% |
| Financial income | 75/76B | €10,565 | €5,111 | -€5,455 | -51.6% |
| Recurring financial income | 75 | €10,565 | €5,111 | -€5,455 | -51.6% |
| Financial charges | 65/66B | €27,020 | €41,816 | +€14,795 | +54.8% |
| Recurring financial charges | 65 | €27,020 | €41,816 | +€14,795 | +54.8% |
| Profit (loss) for the period before taxes | 9903 | €47,340 | €353,929 | +€306,589 | +648% |
| Income taxes | 67/77 | €1,675 | €47,006 | +€45,331 | +2,706% |
| Profit (loss) for the period | 9904 | €45,665 | €306,923 | +€261,258 | +572% |
| Profit (loss) for the period to be appropriated | 9905 | €45,665 | €306,923 | +€261,258 | +572% |
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 18 October 2026 via checked.be.