HASSELTBERG: what changed
What changed
HASSELTBERG
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€30,219
2024 · €162,584-€132,364
Equity
€1.8m
2024 · €1.8m+€30,219
Cash
€85,292
2024 · €121,059-€35,767
Balance sheet total
€1.8m
2024 · €1.8m+€21,307
Largest movements
Assets
- Current investments +€53,655
up €53,655 (+3.2%), from €1.7m to €1.7m
- Cash -€35,767
down €35,767 (-29.5%), from €121,059 to €85,292
mainly Current investments (-€53,655) and Receivables within one year (-€11,194)
Equity and liabilities
- Reserves +€30,000
up €30,000 (+1.8%), from €1.7m to €1.7m
Income statement
- Gross operating margin -€266,943
down €266,943, from €235,232 to -€31,711
- Financial income +€75,992
up €75,992 (+586%), from €12,958 to €88,950
- Taxes -€58,820
down €58,820 (-79.9%), from €73,575 to €14,754
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€162,584
Gross operating margin
-€266,943
Depreciation
-€19
Other operating charges
+€79
Financial income
+€75,992
Financial charges
-€294
Taxes
+€58,820
Result 2025
€30,219
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€17,888
Investment
-€53,655
Financing
€0
Cash 2024
€121,059
From operations (derived)
+€17,888
Net result for the year
+€30,219
Depreciation
+€7,817
Receivables within one year
-€11,194
Deferred charges and accrued income
-€42
Trade debts
-€174
Tax, wage and social debts
-€8,739
Investment (derived)
-€53,655
Current investments
-€53,655
Cash 2025
€85,292
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,799,233 | €1,820,540 | +€21,307 | +1.2% |
| Fixed assets | 21/28 | €20,942 | €13,125 | -€7,817 | -37.3% |
| Tangible fixed assets | 22/27 | €20,942 | €13,125 | -€7,817 | -37.3% |
| Plant, machinery and equipment | 23 | €1,539 | €811 | -€727 | -47.3% |
| Furniture and vehicles | 24 | €19,403 | €12,314 | -€7,090 | -36.5% |
| Current assets | 29/58 | €1,778,291 | €1,807,415 | +€29,124 | +1.6% |
| Amounts receivable within one year | 40/41 | €1,147 | €12,341 | +€11,194 | +976% |
| Other amounts receivable | 41 | €1,147 | €12,341 | +€11,194 | +976% |
| Current investments | 50/53 | €1,654,716 | €1,708,371 | +€53,655 | +3.2% |
| Cash at bank and in hand | 54/58 | €121,059 | €85,292 | -€35,767 | -29.5% |
| Deferred charges and accrued income | 490/1 | €1,369 | €1,411 | +€42 | +3.0% |
| Total equity and liabilities | 10/49 | €1,799,233 | €1,820,540 | +€21,307 | +1.2% |
| Equity | 10/15 | €1,781,060 | €1,811,279 | +€30,219 | +1.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,708,284 | €1,738,284 | +€30,000 | +1.8% |
| Distributable reserves | 133 | €1,708,284 | €1,738,284 | +€30,000 | +1.8% |
| Profit (loss) carried forward | 14 | €54,176 | €54,396 | +€219 | +0.4% |
| Amounts payable | 17/49 | €18,173 | €9,261 | -€8,913 | -49.0% |
| Amounts payable within one year | 42/48 | €18,173 | €9,261 | -€8,913 | -49.0% |
| Trade debts | 44 | €887 | €713 | -€174 | -19.6% |
| Suppliers | 440/4 | €887 | €713 | -€174 | -19.6% |
| Taxes, remuneration and social security | 45 | €16,479 | €7,741 | -€8,739 | -53.0% |
| Taxes | 450/3 | €16,479 | €7,741 | -€8,739 | -53.0% |
| Other amounts payable | 47/48 | €807 | €807 | = | 0.0% |
| Non-recurring operating income | 76A | €2,341 | - | -€2,341 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,798 | €7,817 | +€19 | +0.2% |
| Other operating charges | 640/8 | €1,608 | €1,529 | -€79 | -4.9% |
| Gross operating margin | 9900 | €235,232 | -€31,711 | -€266,943 | |
| Operating profit (loss) | 9901 | €225,826 | -€41,056 | -€266,883 | |
| Financial income | 75/76B | €12,958 | €88,950 | +€75,992 | +586% |
| Recurring financial income | 75 | €12,958 | €88,950 | +€75,992 | +586% |
| Financial charges | 65/66B | €2,626 | €2,920 | +€294 | +11.2% |
| Recurring financial charges | 65 | €2,626 | €2,920 | +€294 | +11.2% |
| Profit (loss) for the period before taxes | 9903 | €236,158 | €44,974 | -€191,185 | -81.0% |
| Income taxes | 67/77 | €73,575 | €14,754 | -€58,820 | -79.9% |
| Profit (loss) for the period | 9904 | €162,584 | €30,219 | -€132,364 | -81.4% |
| Profit (loss) for the period to be appropriated | 9905 | €162,584 | €30,219 | -€132,364 | -81.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.