HATAMOTO: 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.
HATAMOTO
Largest movements
- Cash -€35,437
down €35,437 (-27.6%), from €128,356 to €92,919
mainly Trade debts (-€36,631) and Tax, wage and social debts (-€11,316)
- Receivables within one year -€5,459
down €5,459 (-16.7%), from €32,609 to €27,150
of which Trade receivables: -€32,486
- Trade debts -€36,631
down €36,631 (-84.3%), from €43,456 to €6,825
- Tax, wage and social debts -€11,316
down €11,316 (-29.3%), from €38,661 to €27,345
- Reserves +€7,430
up €7,430 (+12.3%), from €60,569 to €67,999
of which Distributable reserves: +€7,430
- Financial charges +€61,167
up €61,167 (+7612.7%), from €803 to €61,970
of which Financial charges: +€61,167
- Gross operating margin +€45,914
up €45,914 (+173.6%), from €26,451 to €72,364
- Financial income -€36,941
no longer reported in 2025 (was €36,941)
of which Financial income: -€36,941
- Purchases and services -€35,048
down €35,048 (-48.3%), from €72,615 to €37,567
- Taxes -€18,872
down €18,872 (-88.3%), from €21,373 to €2,501
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 | €161,236 | €120,720 | -€40,516 | -25.1% |
| Fixed assets | 21/28 | €271 | €651 | +€380 | +139.9% |
| Tangible fixed assets | 22/27 | €271 | €651 | +€380 | +139.9% |
| Plant, machinery and equipment | 23 | €271 | €651 | +€380 | +139.9% |
| Current assets | 29/58 | €160,965 | €120,069 | -€40,896 | -25.4% |
| Amounts receivable within one year | 40/41 | €32,609 | €27,150 | -€5,459 | -16.7% |
| Trade receivables | 40 | €32,486 | - | -€32,486 | |
| Other amounts receivable | 41 | €123 | €27,150 | +€27,027 | +21899.8% |
| Cash at bank and in hand | 54/58 | €128,356 | €92,919 | -€35,437 | -27.6% |
| Total equity and liabilities | 10/49 | €161,236 | €120,720 | -€40,516 | -25.1% |
| Equity | 10/15 | €79,119 | €86,549 | +€7,430 | +9.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Capital | 10 | €18,550 | €18,550 | = | 0.0% |
| Issued capital | 100 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €60,569 | €67,999 | +€7,430 | +12.3% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Legal reserve | 130 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €58,714 | €66,144 | +€7,430 | +12.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €82,117 | €34,171 | -€47,946 | -58.4% |
| Amounts payable within one year | 42/48 | €82,117 | €34,171 | -€47,946 | -58.4% |
| Trade debts | 44 | €43,456 | €6,825 | -€36,631 | -84.3% |
| Suppliers | 440/4 | €43,456 | €6,825 | -€36,631 | -84.3% |
| Taxes, remuneration and social security | 45 | €38,661 | €27,345 | -€11,316 | -29.3% |
| Taxes | 450/3 | €38,661 | €27,345 | -€11,316 | -29.3% |
| Turnover | 70 | €99,066 | €109,932 | +€10,866 | +11.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €72,615 | €37,567 | -€35,048 | -48.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €300 | €463 | +€164 | +54.7% |
| Gross operating margin | 9900 | €26,451 | €72,364 | +€45,914 | +173.6% |
| Operating profit (loss) | 9901 | €26,151 | €71,901 | +€45,750 | +174.9% |
| Financial income | 75/76B | €36,941 | - | -€36,941 | |
| Recurring financial income | 75 | €36,941 | - | -€36,941 | |
| Non-recurring financial income | 76B | €36,941 | - | -€36,941 | |
| Financial charges | 65/66B | €803 | €61,970 | +€61,167 | +7612.7% |
| Recurring financial charges | 65 | €803 | €61,970 | +€61,167 | +7612.7% |
| Non-recurring financial charges | 66B | €803 | €61,970 | +€61,167 | +7612.7% |
| Profit (loss) for the period before taxes | 9903 | €62,288 | €9,931 | -€52,357 | -84.1% |
| Income taxes | 67/77 | €21,373 | €2,501 | -€18,872 | -88.3% |
| Profit (loss) for the period | 9904 | €40,915 | €7,430 | -€33,485 | -81.8% |
| Profit (loss) for the period to be appropriated | 9905 | €40,915 | €7,430 | -€33,485 | -81.8% |
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 7 October 2026 via checked.be.