HASSAN: 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.
HASSAN
Largest movements
- Stocks and contracts +€4,170
up €4,170 (+29.2%), from €14,288 to €18,457
- Profit (loss) carried forward +€13,170
up €13,170 (+19.0%), from -€69,276 to -€56,105
- Debts after one year -€9,500
no longer reported in 2025 (was €9,500)
- Trade debts -€3,862
down €3,862 (-87.6%), from €4,407 to €545
- Other debts +€3,266
up €3,266 (+6.3%), from €51,589 to €54,855
- Tax, wage and social debts +€1,100
up €1,100 (+208.9%), from €526 to €1,626
- Gross operating margin +€22,670
up €22,670, from -€6,839 to €15,831
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 | €15,458 | €19,632 | +€4,173 | +27.0% |
| Current assets | 29/58 | €15,458 | €19,632 | +€4,173 | +27.0% |
| Stocks and contracts in progress | 3 | €14,288 | €18,457 | +€4,170 | +29.2% |
| Stocks | 30/36 | €14,288 | €18,457 | +€4,170 | +29.2% |
| Cash at bank and in hand | 54/58 | €1,170 | €1,174 | +€4 | +0.3% |
| Total equity and liabilities | 10/49 | €15,458 | €19,632 | +€4,173 | +27.0% |
| Equity | 10/15 | -€50,564 | -€37,393 | +€13,170 | +26.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €112 | €112 | = | 0.0% |
| Non-distributable reserves | 130/1 | €112 | €112 | = | 0.0% |
| Reserves not available under the articles | 1311 | €112 | €112 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,276 | -€56,105 | +€13,170 | +19.0% |
| Amounts payable | 17/49 | €66,022 | €57,025 | -€8,997 | -13.6% |
| Amounts payable after more than one year | 17 | €9,500 | - | -€9,500 | |
| Other amounts payable | 178/9 | €9,500 | - | -€9,500 | |
| Amounts payable within one year | 42/48 | €56,522 | €57,025 | +€503 | +0.9% |
| Trade debts | 44 | €4,407 | €545 | -€3,862 | -87.6% |
| Suppliers | 440/4 | €4,407 | €545 | -€3,862 | -87.6% |
| Taxes, remuneration and social security | 45 | €526 | €1,626 | +€1,100 | +208.9% |
| Taxes | 450/3 | €526 | €1,626 | +€1,100 | +208.9% |
| Other amounts payable | 47/48 | €51,589 | €54,855 | +€3,266 | +6.3% |
| Other operating charges | 640/8 | €2,164 | €2,222 | +€58 | +2.7% |
| Non-recurring operating charges | 66A | €116 | - | -€116 | |
| Gross operating margin | 9900 | -€6,839 | €15,831 | +€22,670 | |
| Operating profit (loss) | 9901 | -€9,120 | €13,609 | +€22,728 | |
| Financial charges | 65/66B | €346 | €297 | -€49 | -14.1% |
| Recurring financial charges | 65 | €346 | €297 | -€49 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,466 | €13,311 | +€22,777 | |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€9,605 | €13,170 | +€22,776 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,605 | €13,170 | +€22,776 |
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 9 October 2026 via checked.be.