HASTACA: 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.
HASTACA
Largest movements
- Tangible fixed assets +€47,034
up €47,034 (+10.3%), from €457,604 to €504,638
of which Furniture and vehicles: +€58,532
- Cash +€27,252
up €27,252 (+75.8%), from €35,945 to €63,198
mainly Net result for the year (+€139,787) and Debts after one year (+€42,788)
- Reserves +€75,137
up €75,137 (+17.4%), from €430,935 to €506,072
- Current portion of long-term debt -€53,430
down €53,430 (-77.3%), from €69,099 to €15,668
- Debts after one year +€42,788
up €42,788, from €0 to €42,788
- Other debts +€14,727
up €14,727 (+24.6%), from €59,757 to €74,484
- Gross operating margin +€35,853
up €35,853 (+17.1%), from €209,188 to €245,040
- Taxes +€11,840
up €11,840 (+24.1%), from €49,124 to €60,964
- Depreciation +€3,752
up €3,752 (+12.9%), from €29,147 to €32,900
- Other operating charges -€2,747
down €2,747 (-56.6%), from €4,853 to €2,107
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 | €586,242 | €665,169 | +€78,927 | +13.5% |
| Fixed assets | 21/28 | €457,604 | €504,638 | +€47,034 | +10.3% |
| Tangible fixed assets | 22/27 | €457,604 | €504,638 | +€47,034 | +10.3% |
| Land and buildings | 22 | €454,736 | €443,239 | -€11,498 | -2.5% |
| Furniture and vehicles | 24 | €2,868 | €61,400 | +€58,532 | +2,041% |
| Current assets | 29/58 | €128,638 | €160,531 | +€31,893 | +24.8% |
| Amounts receivable within one year | 40/41 | €92,693 | €97,333 | +€4,640 | +5.0% |
| Trade receivables | 40 | €91,817 | €96,457 | +€4,640 | +5.1% |
| Other amounts receivable | 41 | €876 | €876 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €35,945 | €63,198 | +€27,252 | +75.8% |
| Total equity and liabilities | 10/49 | €586,242 | €665,169 | +€78,927 | +13.5% |
| Equity | 10/15 | €443,335 | €518,472 | +€75,137 | +16.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €430,935 | €506,072 | +€75,137 | +17.4% |
| Distributable reserves | 133 | €430,935 | €506,072 | +€75,137 | +17.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €142,907 | €146,697 | +€3,790 | +2.7% |
| Amounts payable after more than one year | 17 | €0 | €42,788 | +€42,788 | |
| Financial debts | 170/4 | €0 | €42,788 | +€42,788 | |
| Amounts payable within one year | 42/48 | €142,907 | €103,910 | -€38,998 | -27.3% |
| Current portion of amounts payable after more than one year | 42 | €69,099 | €15,668 | -€53,430 | -77.3% |
| Trade debts | 44 | €3,698 | €5,757 | +€2,059 | +55.7% |
| Suppliers | 440/4 | €3,698 | €5,757 | +€2,059 | +55.7% |
| Taxes, remuneration and social security | 45 | €10,355 | €8,000 | -€2,354 | -22.7% |
| Taxes | 450/3 | €10,355 | €8,000 | -€2,354 | -22.7% |
| Other amounts payable | 47/48 | €59,757 | €74,484 | +€14,727 | +24.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,147 | €32,900 | +€3,752 | +12.9% |
| Other operating charges | 640/8 | €4,853 | €2,107 | -€2,747 | -56.6% |
| Gross operating margin | 9900 | €209,188 | €245,040 | +€35,853 | +17.1% |
| Operating profit (loss) | 9901 | €175,187 | €210,034 | +€34,847 | +19.9% |
| Financial income | 75/76B | €1 | €1 | +€0 | +42.9% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +42.9% |
| Financial charges | 65/66B | €11,400 | €9,284 | -€2,116 | -18.6% |
| Recurring financial charges | 65 | €11,400 | €9,284 | -€2,116 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €163,788 | €200,751 | +€36,963 | +22.6% |
| Income taxes | 67/77 | €49,124 | €60,964 | +€11,840 | +24.1% |
| Profit (loss) for the period | 9904 | €114,664 | €139,787 | +€25,123 | +21.9% |
| Profit (loss) for the period to be appropriated | 9905 | €114,664 | €139,787 | +€25,123 | +21.9% |
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 15 October 2026 via checked.be.