HASSOTRA: 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.
HASSOTRA
Largest movements
- Tangible fixed assets -€24,747
down €24,747 (-3.4%), from €730,873 to €706,125
of which Land and buildings: -€23,812
- Short-term financial debts +€146,042
up €146,042 (+570%), from €25,617 to €171,659
- Debts after one year -€129,317
no longer reported in 2022 (was €129,317)
- Current portion of long-term debt -€29,542
no longer reported in 2022 (was €29,542)
- Profit (loss) carried forward -€25,256
down €25,256 (-4.7%), from -€534,271 to -€559,526
- Financial charges -€40,832
down €40,832 (-75.3%), from €54,249 to €13,418
- Gross operating margin +€15,652
up €15,652, from -€13,796 to €1,856
- Financial income -€8,549
down €8,549 (-36.2%), from €23,638 to €15,088
- Other operating charges -€1,271
down €1,271 (-23.9%), from €5,306 to €4,035
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,401,069 | €1,361,819 | -€39,250 | -2.8% |
| Fixed assets | 21/28 | €796,248 | €771,500 | -€24,747 | -3.1% |
| Tangible fixed assets | 22/27 | €730,873 | €706,125 | -€24,747 | -3.4% |
| Land and buildings | 22 | €726,907 | €703,096 | -€23,812 | -3.3% |
| Plant, machinery and equipment | 23 | €2,161 | €1,921 | -€240 | -11.1% |
| Furniture and vehicles | 24 | €1,804 | €1,109 | -€696 | -38.5% |
| Financial fixed assets | 28 | €65,375 | €65,375 | = | 0.0% |
| Current assets | 29/58 | €604,822 | €590,319 | -€14,503 | -2.4% |
| Amounts receivable after more than one year | 29 | €103,078 | €103,078 | = | 0.0% |
| Other amounts receivable | 291 | €103,078 | €103,078 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €440,657 | €434,480 | -€6,176 | -1.4% |
| Trade receivables | 40 | €23,434 | €28,328 | +€4,894 | +20.9% |
| Other amounts receivable | 41 | €417,223 | €406,153 | -€11,070 | -2.7% |
| Cash at bank and in hand | 54/58 | €39 | €39 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €61,048 | €52,721 | -€8,327 | -13.6% |
| Total equity and liabilities | 10/49 | €1,401,069 | €1,361,819 | -€39,250 | -2.8% |
| Equity | 10/15 | €715,514 | €690,258 | -€25,256 | -3.5% |
| Contributions | 10/11 | €1,239,468 | €1,239,468 | = | 0.0% |
| Capital | 10 | €1,239,468 | €1,239,468 | = | 0.0% |
| Issued capital | 100 | €1,239,468 | €1,239,468 | = | 0.0% |
| Reserves | 13 | €10,317 | €10,317 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,317 | €10,317 | = | 0.0% |
| Legal reserve | 130 | €10,317 | €10,317 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€534,271 | -€559,526 | -€25,256 | -4.7% |
| Amounts payable | 17/49 | €685,555 | €671,561 | -€13,995 | -2.0% |
| Amounts payable after more than one year | 17 | €129,317 | - | -€129,317 | |
| Financial debts | 170/4 | €129,317 | - | -€129,317 | |
| Amounts payable within one year | 42/48 | €556,239 | €671,561 | +€115,322 | +20.7% |
| Current portion of amounts payable after more than one year | 42 | €29,542 | - | -€29,542 | |
| Financial debts | 43 | €25,617 | €171,659 | +€146,042 | +570% |
| Credit institutions | 430/8 | €25,617 | €171,659 | +€146,042 | +570% |
| Trade debts | 44 | €22,471 | €19,331 | -€3,140 | -14.0% |
| Suppliers | 440/4 | €22,471 | €19,331 | -€3,140 | -14.0% |
| Other amounts payable | 47/48 | €478,609 | €480,571 | +€1,962 | +0.4% |
| Non-recurring operating income | 76A | €8,495 | - | -€8,495 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,835 | €24,747 | -€88 | -0.4% |
| Other operating charges | 640/8 | €5,306 | €4,035 | -€1,271 | -23.9% |
| Gross operating margin | 9900 | -€13,796 | €1,856 | +€15,652 | |
| Operating profit (loss) | 9901 | -€43,937 | -€26,926 | +€17,011 | +38.7% |
| Financial income | 75/76B | €23,638 | €15,088 | -€8,549 | -36.2% |
| Recurring financial income | 75 | €23,638 | €15,088 | -€8,549 | -36.2% |
| Financial charges | 65/66B | €54,249 | €13,418 | -€40,832 | -75.3% |
| Recurring financial charges | 65 | €54,249 | €13,418 | -€40,832 | -75.3% |
| Profit (loss) for the period before taxes | 9903 | -€74,549 | -€25,256 | +€49,293 | +66.1% |
| Profit (loss) for the period | 9904 | -€74,549 | -€25,256 | +€49,293 | +66.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€74,549 | -€25,256 | +€49,293 | +66.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.