HASI INDUSTRIE: 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.
HASI INDUSTRIE
Largest movements
- Receivables within one year +€14,874
up €14,874 (+272%), from €5,464 to €20,339
of which Trade receivables: +€15,237
- Deferred charges and accrued income +€6,940
up €6,940 (+94.0%), from €7,382 to €14,322
- Tangible fixed assets -€3,239
down €3,239 (-10.3%), from €31,361 to €28,122
of which Furniture and vehicles: -€7,074
- Cash +€831
up €831 (+209%), from €398 to €1,229
mainly Net result for the year (+€27,965) and Depreciation (+€9,839)
- Profit (loss) carried forward +€27,965
up €27,965 (+66.8%), from -€41,895 to -€13,930
- Current portion of long-term debt -€6,433
down €6,433 (-74.1%), from €8,678 to €2,245
- Other debts -€6,049
down €6,049 (-23.5%), from €25,705 to €19,655
- Tax, wage and social debts +€3,450
up €3,450 (+31.0%), from €11,113 to €14,563
of which Remuneration and social security: +€2,200
- Trade debts +€2,969
up €2,969 (+29.7%), from €9,999 to €12,968
- Gross operating margin +€54,150
up €54,150, from -€13,736 to €40,414
- Staff costs -€1,949
no longer reported in 2025 (was €1,949)
- Financial charges -€1,513
down €1,513 (-56.4%), from €2,684 to €1,170
- Other operating charges +€618
up €618 (+75.3%), from €821 to €1,439
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 | €44,605 | €64,012 | +€19,407 | +43.5% |
| Fixed assets | 21/28 | €31,361 | €28,122 | -€3,239 | -10.3% |
| Tangible fixed assets | 22/27 | €31,361 | €28,122 | -€3,239 | -10.3% |
| Plant, machinery and equipment | 23 | €9,434 | €13,270 | +€3,836 | +40.7% |
| Furniture and vehicles | 24 | €21,927 | €14,852 | -€7,074 | -32.3% |
| Current assets | 29/58 | €13,244 | €35,890 | +€22,645 | +171% |
| Amounts receivable within one year | 40/41 | €5,464 | €20,339 | +€14,874 | +272% |
| Trade receivables | 40 | €5,102 | €20,339 | +€15,237 | +299% |
| Other amounts receivable | 41 | €363 | - | -€363 | |
| Cash at bank and in hand | 54/58 | €398 | €1,229 | +€831 | +209% |
| Deferred charges and accrued income | 490/1 | €7,382 | €14,322 | +€6,940 | +94.0% |
| Total equity and liabilities | 10/49 | €44,605 | €64,012 | +€19,407 | +43.5% |
| Equity | 10/15 | -€16,895 | €11,070 | +€27,965 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,895 | -€13,930 | +€27,965 | +66.8% |
| Amounts payable | 17/49 | €61,500 | €52,941 | -€8,559 | -13.9% |
| Amounts payable after more than one year | 17 | €2,245 | - | -€2,245 | |
| Financial debts | 170/4 | €2,245 | - | -€2,245 | |
| Amounts payable within one year | 42/48 | €55,495 | €49,431 | -€6,064 | -10.9% |
| Current portion of amounts payable after more than one year | 42 | €8,678 | €2,245 | -€6,433 | -74.1% |
| Trade debts | 44 | €9,999 | €12,968 | +€2,969 | +29.7% |
| Suppliers | 440/4 | €9,999 | €12,968 | +€2,969 | +29.7% |
| Taxes, remuneration and social security | 45 | €11,113 | €14,563 | +€3,450 | +31.0% |
| Taxes | 450/3 | €2,400 | €3,650 | +€1,250 | +52.1% |
| Remuneration and social security | 454/9 | €8,713 | €10,913 | +€2,200 | +25.3% |
| Other amounts payable | 47/48 | €25,705 | €19,655 | -€6,049 | -23.5% |
| Accrued charges and deferred income | 492/3 | €3,760 | €3,510 | -€250 | -6.6% |
| Remuneration, social security and pensions | 62 | €1,949 | - | -€1,949 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,737 | €9,839 | +€101 | +1.0% |
| Other operating charges | 640/8 | €821 | €1,439 | +€618 | +75.3% |
| Gross operating margin | 9900 | -€13,736 | €40,414 | +€54,150 | |
| Operating profit (loss) | 9901 | -€26,243 | €29,136 | +€55,379 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -66.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -66.7% |
| Financial charges | 65/66B | €2,684 | €1,170 | -€1,513 | -56.4% |
| Recurring financial charges | 65 | €2,684 | €1,170 | -€1,513 | -56.4% |
| Profit (loss) for the period before taxes | 9903 | -€28,927 | €27,965 | +€56,892 | |
| Income taxes | 67/77 | €82 | - | -€82 | |
| Profit (loss) for the period | 9904 | -€29,008 | €27,965 | +€56,974 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,008 | €27,965 | +€56,974 |
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 27 October 2026 via checked.be.