HATCHARD'S: 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.
HATCHARD'S
Largest movements
- Cash +€39,188
up €39,188 (+45.8%), from €85,649 to €124,838
mainly Net result for the year (+€53,320) and Current investments (+€32,092)
- Current investments -€32,092
down €32,092 (-18.6%), from €172,566 to €140,474
- Receivables within one year -€5,132
down €5,132 (-50.4%), from €10,175 to €5,044
of which Trade receivables: -€5,132
- Other debts -€21,608
down €21,608 (-37.0%), from €58,451 to €36,843
- Reserves +€17,556
up €17,556 (+9.4%), from €186,119 to €203,675
- Tax, wage and social debts +€3,355
up €3,355 (+19.6%), from €17,117 to €20,472
of which Taxes: +€5,510
- Staff costs -€11,929
down €11,929 (-30.8%), from €38,758 to €26,829
- Taxes +€3,378
up €3,378 (+19.0%), from €17,744 to €21,122
- Gross operating margin +€3,072
up €3,072 (+3.0%), from €100,782 to €103,854
- Financial income -€1,517
down €1,517 (-46.4%), from €3,270 to €1,753
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €281,549 | €281,903 | +€354 | +0.1% |
| Fixed assets | 21/28 | €6,401 | €5,850 | -€551 | -8.6% |
| Tangible fixed assets | 22/27 | €6,401 | €5,850 | -€551 | -8.6% |
| Plant, machinery and equipment | 23 | €3,065 | €3,536 | +€472 | +15.4% |
| Furniture and vehicles | 24 | €3,336 | €2,313 | -€1,023 | -30.7% |
| Current assets | 29/58 | €275,148 | €276,053 | +€905 | +0.3% |
| Stocks and contracts in progress | 3 | €5,698 | €5,698 | = | 0.0% |
| Stocks | 30/36 | €5,698 | €5,698 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,175 | €5,044 | -€5,132 | -50.4% |
| Trade receivables | 40 | €9,875 | €4,744 | -€5,132 | -52.0% |
| Other amounts receivable | 41 | €300 | €300 | = | 0.0% |
| Current investments | 50/53 | €172,566 | €140,474 | -€32,092 | -18.6% |
| Cash at bank and in hand | 54/58 | €85,649 | €124,838 | +€39,188 | +45.8% |
| Deferred charges and accrued income | 490/1 | €1,060 | €0 | -€1,060 | -100% |
| Total equity and liabilities | 10/49 | €281,549 | €281,903 | +€354 | +0.1% |
| Equity | 10/15 | €204,719 | €222,275 | +€17,556 | +8.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €186,119 | €203,675 | +€17,556 | +9.4% |
| Distributable reserves | 133 | €186,119 | €203,675 | +€17,556 | +9.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €76,830 | €59,628 | -€17,202 | -22.4% |
| Amounts payable within one year | 42/48 | €76,430 | €59,235 | -€17,195 | -22.5% |
| Trade debts | 44 | €861 | €1,920 | +€1,058 | +123% |
| Suppliers | 440/4 | €861 | €1,920 | +€1,058 | +123% |
| Taxes, remuneration and social security | 45 | €17,117 | €20,472 | +€3,355 | +19.6% |
| Taxes | 450/3 | €14,963 | €20,472 | +€5,510 | +36.8% |
| Remuneration and social security | 454/9 | €2,155 | €0 | -€2,155 | -100% |
| Other amounts payable | 47/48 | €58,451 | €36,843 | -€21,608 | -37.0% |
| Accrued charges and deferred income | 492/3 | €400 | €393 | -€7 | -1.7% |
| Remuneration, social security and pensions | 62 | €38,758 | €26,829 | -€11,929 | -30.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,488 | €3,060 | +€572 | +23.0% |
| Other operating charges | 640/8 | €899 | €1,233 | +€334 | +37.1% |
| Gross operating margin | 9900 | €100,782 | €103,854 | +€3,072 | +3.0% |
| Operating profit (loss) | 9901 | €58,637 | €72,732 | +€14,096 | +24.0% |
| Financial income | 75/76B | €3,270 | €1,753 | -€1,517 | -46.4% |
| Recurring financial income | 75 | €3,270 | €1,753 | -€1,517 | -46.4% |
| Financial charges | 65/66B | €58 | €43 | -€15 | -25.7% |
| Recurring financial charges | 65 | €58 | €43 | -€15 | -25.7% |
| Profit (loss) for the period before taxes | 9903 | €61,849 | €74,442 | +€12,594 | +20.4% |
| Income taxes | 67/77 | €17,744 | €21,122 | +€3,378 | +19.0% |
| Profit (loss) for the period | 9904 | €44,105 | €53,320 | +€9,216 | +20.9% |
| Profit (loss) for the period to be appropriated | 9905 | €44,105 | €53,320 | +€9,216 | +20.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.