HATCH GROUP: 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.
HATCH GROUP
Largest movements
- Cash -€326,231
down €326,231 (-45.5%), from €716,327 to €390,097
mainly Current investments (-€300,000) and Debts after one year (-€200,000)
- Current investments +€300,000
new in 2025: €300,000
- Receivables within one year +€102,067
up €102,067 (+24.1%), from €422,663 to €524,730
of which Trade receivables: +€102,020
- Debts after one year -€200,000
no longer reported in 2025 (was €200,000)
- Reserves +€173,898
up €173,898 (+70.1%), from €248,050 to €421,948
of which Distributable reserves: +€173,898
- Tax, wage and social debts +€72,777
up €72,777 (+55.6%), from €130,801 to €203,578
of which Remuneration and social security: +€49,560
- Trade debts +€68,340
up €68,340 (+31.3%), from €218,541 to €286,881
- Other debts -€40,372
down €40,372 (-10.9%), from €371,978 to €331,605
- Staff costs +€106,932
up €106,932 (+15.4%), from €696,464 to €803,397
- Taxes +€31,241
up €31,241 (+69.5%), from €44,982 to €76,223
- Gross operating margin -€30,167
down €30,167 (-2.4%), from €1.2m to €1.2m
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 | €1,196,120 | €1,266,524 | +€70,404 | +5.9% |
| Fixed assets | 21/28 | €40,851 | €28,774 | -€12,078 | -29.6% |
| Tangible fixed assets | 22/27 | €30,351 | €18,274 | -€12,078 | -39.8% |
| Plant, machinery and equipment | 23 | €20,051 | €10,654 | -€9,397 | -46.9% |
| Furniture and vehicles | 24 | €10,300 | €7,619 | -€2,681 | -26.0% |
| Financial fixed assets | 28 | €10,500 | €10,500 | = | 0.0% |
| Current assets | 29/58 | €1,155,269 | €1,237,750 | +€82,481 | +7.1% |
| Amounts receivable within one year | 40/41 | €422,663 | €524,730 | +€102,067 | +24.1% |
| Trade receivables | 40 | €422,510 | €524,531 | +€102,020 | +24.1% |
| Other amounts receivable | 41 | €153 | €199 | +€47 | +30.7% |
| Current investments | 50/53 | - | €300,000 | +€300,000 | |
| Cash at bank and in hand | 54/58 | €716,327 | €390,097 | -€326,231 | -45.5% |
| Deferred charges and accrued income | 490/1 | €16,279 | €22,924 | +€6,645 | +40.8% |
| Total equity and liabilities | 10/49 | €1,196,120 | €1,266,524 | +€70,404 | +5.9% |
| Equity | 10/15 | €262,283 | €436,180 | +€173,898 | +66.3% |
| Contributions | 10/11 | €14,232 | €14,232 | = | 0.0% |
| Reserves | 13 | €248,050 | €421,948 | +€173,898 | +70.1% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €246,195 | €420,093 | +€173,898 | +70.6% |
| Amounts payable | 17/49 | €933,838 | €830,344 | -€103,494 | -11.1% |
| Amounts payable after more than one year | 17 | €200,000 | - | -€200,000 | |
| Financial debts | 170/4 | €200,000 | - | -€200,000 | |
| Amounts payable within one year | 42/48 | €725,760 | €822,064 | +€96,304 | +13.3% |
| Current portion of amounts payable after more than one year | 42 | €4,441 | - | -€4,441 | |
| Trade debts | 44 | €218,541 | €286,881 | +€68,340 | +31.3% |
| Suppliers | 440/4 | €218,541 | €286,881 | +€68,340 | +31.3% |
| Taxes, remuneration and social security | 45 | €130,801 | €203,578 | +€72,777 | +55.6% |
| Taxes | 450/3 | €57,923 | €81,141 | +€23,218 | +40.1% |
| Remuneration and social security | 454/9 | €72,877 | €122,437 | +€49,560 | +68.0% |
| Other amounts payable | 47/48 | €371,978 | €331,605 | -€40,372 | -10.9% |
| Accrued charges and deferred income | 492/3 | €8,078 | €8,280 | +€202 | +2.5% |
| Remuneration, social security and pensions | 62 | €696,464 | €803,397 | +€106,932 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,845 | €20,324 | -€1,521 | -7.0% |
| Other operating charges | 640/8 | €9,452 | €6,036 | -€3,416 | -36.1% |
| Gross operating margin | 9900 | €1,242,222 | €1,212,055 | -€30,167 | -2.4% |
| Operating profit (loss) | 9901 | €514,461 | €382,299 | -€132,163 | -25.7% |
| Financial income | 75/76B | €491 | €8,455 | +€7,965 | +1623.5% |
| Recurring financial income | 75 | €491 | €8,455 | +€7,965 | +1623.5% |
| Financial charges | 65/66B | €16,915 | €17,566 | +€651 | +3.8% |
| Recurring financial charges | 65 | €16,915 | €17,566 | +€651 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | €498,037 | €373,188 | -€124,849 | -25.1% |
| Income taxes | 67/77 | €44,982 | €76,223 | +€31,241 | +69.5% |
| Profit (loss) for the period | 9904 | €453,055 | €296,965 | -€156,090 | -34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €453,055 | €296,965 | -€156,090 | -34.5% |
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 5 October 2026 via checked.be.