HASYMAR: 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.
HASYMAR
Largest movements
- Receivables within one year +€10,458
up €10,458 (+29.1%), from €35,977 to €46,435
of which Trade receivables: +€8,608
- Tangible fixed assets +€8,087
up €8,087 (+28.7%), from €28,173 to €36,260
of which Other tangible fixed assets: +€7,478
- Deferred charges and accrued income +€2,055
up €2,055 (+73.4%), from €2,800 to €4,854
- Trade debts +€18,043
up €18,043 (+27.5%), from €65,615 to €83,658
- Profit (loss) carried forward +€4,431
up €4,431 (+155.3%), from €2,854 to €7,285
- Other debts -€2,169
down €2,169 (-72.0%), from €3,012 to €843
- Gross operating margin +€25,612
up €25,612 (+30.4%), from €84,331 to €109,943
- Staff costs +€10,762
up €10,762 (+12.7%), from €84,988 to €95,750
- Write-downs +€7,373
no longer reported in 2025 (was -€7,373)
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 | €183,608 | €202,792 | +€19,184 | +10.4% |
| Fixed assets | 21/28 | €30,480 | €38,567 | +€8,087 | +26.5% |
| Tangible fixed assets | 22/27 | €28,173 | €36,260 | +€8,087 | +28.7% |
| Plant, machinery and equipment | 23 | €623 | €337 | -€286 | -45.9% |
| Furniture and vehicles | 24 | €2,113 | €3,009 | +€896 | +42.4% |
| Other tangible fixed assets | 26 | €25,437 | €32,914 | +€7,478 | +29.4% |
| Financial fixed assets | 28 | €2,307 | €2,307 | = | 0.0% |
| Current assets | 29/58 | €153,128 | €164,225 | +€11,097 | +7.2% |
| Stocks and contracts in progress | 3 | €21,919 | €20,493 | -€1,425 | -6.5% |
| Stocks | 30/36 | €21,919 | €20,493 | -€1,425 | -6.5% |
| Amounts receivable within one year | 40/41 | €35,977 | €46,435 | +€10,458 | +29.1% |
| Trade receivables | 40 | €32,056 | €40,664 | +€8,608 | +26.9% |
| Other amounts receivable | 41 | €3,921 | €5,771 | +€1,850 | +47.2% |
| Cash at bank and in hand | 54/58 | €92,433 | €92,443 | +€10 | 0.0% |
| Deferred charges and accrued income | 490/1 | €2,800 | €4,854 | +€2,055 | +73.4% |
| Total equity and liabilities | 10/49 | €183,608 | €202,792 | +€19,184 | +10.4% |
| Equity | 10/15 | €90,504 | €94,935 | +€4,431 | +4.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €26,150 | €26,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,854 | €7,285 | +€4,431 | +155.3% |
| Amounts payable | 17/49 | €93,105 | €107,858 | +€14,753 | +15.8% |
| Amounts payable within one year | 42/48 | €93,105 | €107,858 | +€14,753 | +15.8% |
| Trade debts | 44 | €65,615 | €83,658 | +€18,043 | +27.5% |
| Suppliers | 440/4 | €65,615 | €83,658 | +€18,043 | +27.5% |
| Advances received on contracts in progress | 46 | €455 | - | -€455 | |
| Taxes, remuneration and social security | 45 | €24,023 | €23,357 | -€665 | -2.8% |
| Taxes | 450/3 | €3,659 | €3,160 | -€499 | -13.6% |
| Remuneration and social security | 454/9 | €20,364 | €20,197 | -€167 | -0.8% |
| Other amounts payable | 47/48 | €3,012 | €843 | -€2,169 | -72.0% |
| Remuneration, social security and pensions | 62 | €84,988 | €95,750 | +€10,762 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,412 | €5,442 | -€970 | -15.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€7,373 | - | +€7,373 | |
| Other operating charges | 640/8 | €2,066 | €1,018 | -€1,048 | -50.7% |
| Gross operating margin | 9900 | €84,331 | €109,943 | +€25,612 | +30.4% |
| Operating profit (loss) | 9901 | -€1,762 | €7,733 | +€9,495 | |
| Financial income | 75/76B | €22 | €10 | -€11 | -52.8% |
| Recurring financial income | 75 | €22 | €10 | -€11 | -52.8% |
| Financial charges | 65/66B | €2,966 | €3,019 | +€53 | +1.8% |
| Recurring financial charges | 65 | €2,966 | €3,019 | +€53 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,706 | €4,724 | +€9,431 | |
| Income taxes | 67/77 | - | €293 | +€293 | |
| Profit (loss) for the period | 9904 | -€4,706 | €4,431 | +€9,138 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,706 | €4,431 | +€9,138 |
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 2 October 2026 via checked.be.