HASTIER: what changed
Two fiscal 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.
HASTIER
Largest movements
- Tangible fixed assets -€19,416
down €19,416 (-9.8%), from €197,888 to €178,473
of which Land and buildings: -€10,186
- Receivables within one year +€12,423
up €12,423 (+82.9%), from €14,993 to €27,417
of which Trade receivables: +€12,653
- Cash -€3,639
down €3,639 (-62.0%), from €5,869 to €2,230
mainly Receivables within one year (-€12,423) and Other debts (-€10,709)
- Other debts -€10,709
down €10,709 (-14.6%), from €73,243 to €62,534
- Reserves +€6,845
up €6,845 (+13.7%), from €49,801 to €56,646
- Current portion of long-term debt -€5,584
down €5,584 (-74.8%), from €7,469 to €1,885
- Taxes +€1,337
up €1,337 (+73.8%), from €1,810 to €3,147
- Gross operating margin +€892
up €892 (+2.8%), from €31,999 to €32,891
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 | €218,750 | €208,119 | -€10,631 | -4.9% |
| Fixed assets | 21/28 | €197,888 | €178,473 | -€19,416 | -9.8% |
| Tangible fixed assets | 22/27 | €197,888 | €178,473 | -€19,416 | -9.8% |
| Land and buildings | 22 | €136,169 | €125,983 | -€10,186 | -7.5% |
| Other tangible fixed assets | 26 | €61,720 | €52,490 | -€9,229 | -15.0% |
| Current assets | 29/58 | €20,862 | €29,646 | +€8,784 | +42.1% |
| Amounts receivable within one year | 40/41 | €14,993 | €27,417 | +€12,423 | +82.9% |
| Trade receivables | 40 | €14,711 | €27,364 | +€12,653 | +86.0% |
| Other amounts receivable | 41 | €282 | €53 | -€229 | -81.2% |
| Cash at bank and in hand | 54/58 | €5,869 | €2,230 | -€3,639 | -62.0% |
| Total equity and liabilities | 10/49 | €218,750 | €208,119 | -€10,631 | -4.9% |
| Equity | 10/15 | €134,528 | €141,380 | +€6,853 | +5.1% |
| Contributions | 10/11 | €66,340 | €66,340 | = | 0.0% |
| Capital | 10 | €66,340 | €66,340 | = | 0.0% |
| Issued capital | 100 | €66,340 | €66,340 | = | 0.0% |
| Reserves | 13 | €49,801 | €56,646 | +€6,845 | +13.7% |
| Non-distributable reserves | 130/1 | €49,801 | €56,646 | +€6,845 | +13.7% |
| Legal reserve | 130 | €4,321 | €4,696 | +€375 | +8.7% |
| Reserves not available under the articles | 1311 | €45,480 | €51,950 | +€6,470 | +14.2% |
| Profit (loss) carried forward | 14 | €18,387 | €18,395 | +€8 | 0.0% |
| Amounts payable | 17/49 | €84,223 | €66,739 | -€17,484 | -20.8% |
| Amounts payable after more than one year | 17 | €1,885 | - | -€1,885 | |
| Financial debts | 170/4 | €1,885 | - | -€1,885 | |
| Amounts payable within one year | 42/48 | €82,337 | €66,739 | -€15,598 | -18.9% |
| Current portion of amounts payable after more than one year | 42 | €7,469 | €1,885 | -€5,584 | -74.8% |
| Trade debts | 44 | €1,626 | €2,320 | +€694 | +42.7% |
| Suppliers | 440/4 | €1,626 | €2,320 | +€694 | +42.7% |
| Other amounts payable | 47/48 | €73,243 | €62,534 | -€10,709 | -14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,654 | €19,416 | -€238 | -1.2% |
| Other operating charges | 640/8 | €3,582 | €3,384 | -€198 | -5.5% |
| Gross operating margin | 9900 | €31,999 | €32,891 | +€892 | +2.8% |
| Operating profit (loss) | 9901 | €8,763 | €10,091 | +€1,328 | +15.2% |
| Financial charges | 65/66B | €377 | €92 | -€285 | -75.7% |
| Recurring financial charges | 65 | €377 | €92 | -€285 | -75.7% |
| Profit (loss) for the period before taxes | 9903 | €8,387 | €9,999 | +€1,613 | +19.2% |
| Income taxes | 67/77 | €1,810 | €3,147 | +€1,337 | +73.8% |
| Profit (loss) for the period | 9904 | €6,576 | €6,853 | +€276 | +4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,576 | €6,853 | +€276 | +4.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.