HASSOLATE: 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.
HASSOLATE
Largest movements
- Receivables within one year +€13,189
up €13,189 (+531.6%), from €2,481 to €15,670
of which Other amounts receivable: +€13,289
- Tangible fixed assets -€10,398
down €10,398 (-13.5%), from €77,032 to €66,634
of which Furniture and vehicles: -€6,410
- Cash +€5,534
up €5,534 (+19.4%), from €28,537 to €34,071
mainly Net result for the year (+€20,300) and Depreciation (+€15,398)
- Intangible fixed assets -€5,000
down €5,000 (-33.3%), from €15,000 to €10,000
- Stocks and contracts -€4,510
down €4,510 (-46.3%), from €9,740 to €5,230
- Profit (loss) carried forward +€25,312
no longer reported in 2025 (was -€25,312)
- Current portion of long-term debt -€22,110
down €22,110 (-81.4%), from €27,159 to €5,049
- Tax, wage and social debts +€11,027
up €11,027 (+188.0%), from €5,866 to €16,893
of which Taxes: +€10,007
- Debts after one year -€5,049
down €5,049 (-34.8%), from €14,493 to €9,444
- Reserves -€5,012
down €5,012 (-96.5%), from €5,196 to €184
- Gross operating margin +€10,274
up €10,274 (+18.8%), from €54,592 to €64,866
- Taxes +€5,985
up €5,985 (+156.1%), from €3,834 to €9,819
- Financial charges -€762
down €762 (-22.5%), from €3,386 to €2,624
- Other operating charges -€673
down €673 (-40.3%), from €1,668 to €995
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 | €135,143 | €134,352 | -€791 | -0.6% |
| Fixed assets | 21/28 | €92,520 | €77,122 | -€15,398 | -16.6% |
| Intangible fixed assets | 21 | €15,000 | €10,000 | -€5,000 | -33.3% |
| Tangible fixed assets | 22/27 | €77,032 | €66,634 | -€10,398 | -13.5% |
| Plant, machinery and equipment | 23 | €53,073 | €49,085 | -€3,988 | -7.5% |
| Furniture and vehicles | 24 | €23,959 | €17,549 | -€6,410 | -26.8% |
| Financial fixed assets | 28 | €488 | €488 | = | 0.0% |
| Current assets | 29/58 | €42,623 | €57,230 | +€14,606 | +34.3% |
| Stocks and contracts in progress | 3 | €9,740 | €5,230 | -€4,510 | -46.3% |
| Stocks | 30/36 | €9,740 | €5,230 | -€4,510 | -46.3% |
| Amounts receivable within one year | 40/41 | €2,481 | €15,670 | +€13,189 | +531.6% |
| Trade receivables | 40 | €100 | - | -€100 | |
| Other amounts receivable | 41 | €2,381 | €15,670 | +€13,289 | +558.1% |
| Current investments | 50/53 | €0 | €0 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €28,537 | €34,071 | +€5,534 | +19.4% |
| Deferred charges and accrued income | 490/1 | €1,865 | €2,258 | +€393 | +21.1% |
| Total equity and liabilities | 10/49 | €135,143 | €134,352 | -€791 | -0.6% |
| Equity | 10/15 | -€13,916 | €6,384 | +€20,300 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €5,196 | €184 | -€5,012 | -96.5% |
| Distributable reserves | 133 | €5,196 | €184 | -€5,012 | -96.5% |
| Profit (loss) carried forward | 14 | -€25,312 | - | +€25,312 | |
| Amounts payable | 17/49 | €149,060 | €127,968 | -€21,091 | -14.1% |
| Amounts payable after more than one year | 17 | €14,493 | €9,444 | -€5,049 | -34.8% |
| Financial debts | 170/4 | €14,493 | €9,444 | -€5,049 | -34.8% |
| Amounts payable within one year | 42/48 | €127,917 | €115,284 | -€12,632 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €27,159 | €5,049 | -€22,110 | -81.4% |
| Financial debts | 43 | €137 | €6 | -€131 | -95.6% |
| Credit institutions | 430/8 | €137 | €6 | -€131 | -95.6% |
| Trade debts | 44 | €15,887 | €14,273 | -€1,615 | -10.2% |
| Suppliers | 440/4 | €15,887 | €14,273 | -€1,615 | -10.2% |
| Taxes, remuneration and social security | 45 | €5,866 | €16,893 | +€11,027 | +188.0% |
| Taxes | 450/3 | €4,086 | €14,094 | +€10,007 | +244.9% |
| Remuneration and social security | 454/9 | €1,780 | €2,800 | +€1,020 | +57.3% |
| Other amounts payable | 47/48 | €78,866 | €79,063 | +€196 | +0.2% |
| Accrued charges and deferred income | 492/3 | €6,650 | €3,240 | -€3,410 | -51.3% |
| Remuneration, social security and pensions | 62 | €16,536 | €16,054 | -€482 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,330 | €15,398 | +€68 | +0.4% |
| Other operating charges | 640/8 | €1,668 | €995 | -€673 | -40.3% |
| Gross operating margin | 9900 | €54,592 | €64,866 | +€10,274 | +18.8% |
| Operating profit (loss) | 9901 | €21,057 | €32,419 | +€11,362 | +54.0% |
| Financial income | 75/76B | €109 | €324 | +€216 | +198.3% |
| Recurring financial income | 75 | €109 | €324 | +€216 | +198.3% |
| Financial charges | 65/66B | €3,386 | €2,624 | -€762 | -22.5% |
| Recurring financial charges | 65 | €3,386 | €2,624 | -€762 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €17,780 | €30,119 | +€12,340 | +69.4% |
| Income taxes | 67/77 | €3,834 | €9,819 | +€5,985 | +156.1% |
| Profit (loss) for the period | 9904 | €13,945 | €20,300 | +€6,355 | +45.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,945 | €20,300 | +€6,355 | +45.6% |
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.