HATECH: 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.
HATECH
Largest movements
- Cash +€75,930
up €75,930 (+19.5%), from €389,692 to €465,623
mainly Net result for the year (+€108,512) and Depreciation (+€96,749)
- Tangible fixed assets -€68,048
down €68,048 (-12.7%), from €534,836 to €466,789
of which Land and buildings: -€43,858
- Receivables within one year +€33,287
up €33,287 (+58.4%), from €57,012 to €90,299
of which Trade receivables: +€23,358
- Stocks and contracts -€15,698
down €15,698 (-10.5%), from €149,250 to €133,552
- Reserves +€108,500
up €108,500 (+28.4%), from €382,501 to €491,001
of which Distributable reserves: +€108,500
- Debts after one year -€75,363
down €75,363 (-17.4%), from €432,063 to €356,700
- Tax, wage and social debts -€15,414
down €15,414 (-33.8%), from €45,645 to €30,231
of which Taxes: -€23,769
- Gross operating margin -€20,678
down €20,678 (-4.2%), from €487,890 to €467,212
- Taxes -€10,755
down €10,755 (-18.3%), from €58,769 to €48,014
- Depreciation +€7,868
up €7,868 (+8.9%), from €88,881 to €96,749
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.
Derived cash bridge
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 | €1,288,441 | €1,310,762 | +€22,321 | +1.7% |
| Fixed assets | 21/28 | €534,836 | €466,789 | -€68,048 | -12.7% |
| Tangible fixed assets | 22/27 | €534,836 | €466,789 | -€68,048 | -12.7% |
| Land and buildings | 22 | €346,648 | €302,790 | -€43,858 | -12.7% |
| Plant, machinery and equipment | 23 | €8,641 | €5,856 | -€2,785 | -32.2% |
| Furniture and vehicles | 24 | €100,345 | €90,495 | -€9,850 | -9.8% |
| Other tangible fixed assets | 26 | €79,202 | €67,648 | -€11,554 | -14.6% |
| Current assets | 29/58 | €753,605 | €843,973 | +€90,368 | +12.0% |
| Amounts receivable after more than one year | 29 | €150,000 | €150,000 | = | 0.0% |
| Other amounts receivable | 291 | €150,000 | €150,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €149,250 | €133,552 | -€15,698 | -10.5% |
| Stocks | 30/36 | €149,250 | €133,552 | -€15,698 | -10.5% |
| Amounts receivable within one year | 40/41 | €57,012 | €90,299 | +€33,287 | +58.4% |
| Trade receivables | 40 | €43,062 | €66,420 | +€23,358 | +54.2% |
| Other amounts receivable | 41 | €13,950 | €23,879 | +€9,929 | +71.2% |
| Cash at bank and in hand | 54/58 | €389,692 | €465,623 | +€75,930 | +19.5% |
| Deferred charges and accrued income | 490/1 | €7,651 | €4,500 | -€3,151 | -41.2% |
| Total equity and liabilities | 10/49 | €1,288,441 | €1,310,762 | +€22,321 | +1.7% |
| Equity | 10/15 | €635,883 | €744,395 | +€108,512 | +17.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €382,501 | €491,001 | +€108,500 | +28.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €79,241 | €79,241 | = | 0.0% |
| Distributable reserves | 133 | €301,400 | €409,900 | +€108,500 | +36.0% |
| Profit (loss) carried forward | 14 | €247,181 | €247,194 | +€12 | 0.0% |
| Amounts payable | 17/49 | €652,559 | €566,367 | -€86,192 | -13.2% |
| Amounts payable after more than one year | 17 | €432,063 | €356,700 | -€75,363 | -17.4% |
| Financial debts | 170/4 | €432,063 | €356,700 | -€75,363 | -17.4% |
| Amounts payable within one year | 42/48 | €220,496 | €208,616 | -€11,880 | -5.4% |
| Current portion of amounts payable after more than one year | 42 | €108,284 | €101,527 | -€6,757 | -6.2% |
| Trade debts | 44 | €64,465 | €76,565 | +€12,100 | +18.8% |
| Suppliers | 440/4 | €64,465 | €76,565 | +€12,100 | +18.8% |
| Taxes, remuneration and social security | 45 | €45,645 | €30,231 | -€15,414 | -33.8% |
| Taxes | 450/3 | €26,494 | €2,725 | -€23,769 | -89.7% |
| Remuneration and social security | 454/9 | €19,151 | €27,506 | +€8,355 | +43.6% |
| Other amounts payable | 47/48 | €2,102 | €293 | -€1,809 | -86.0% |
| Accrued charges and deferred income | 492/3 | €0 | €1,051 | +€1,051 | |
| Non-recurring operating income | 76A | €3,306 | €4,000 | +€694 | +21.0% |
| Remuneration, social security and pensions | 62 | €197,832 | €198,477 | +€646 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,881 | €96,749 | +€7,868 | +8.9% |
| Other operating charges | 640/8 | €4,312 | €4,341 | +€29 | +0.7% |
| Gross operating margin | 9900 | €487,890 | €467,212 | -€20,678 | -4.2% |
| Operating profit (loss) | 9901 | €196,866 | €167,645 | -€29,221 | -14.8% |
| Financial income | 75/76B | €2,291 | €4,815 | +€2,524 | +110% |
| Recurring financial income | 75 | €2,291 | €4,815 | +€2,524 | +110% |
| Financial charges | 65/66B | €13,936 | €15,933 | +€1,997 | +14.3% |
| Recurring financial charges | 65 | €13,936 | €15,933 | +€1,997 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | €185,220 | €156,527 | -€28,693 | -15.5% |
| Income taxes | 67/77 | €58,769 | €48,014 | -€10,755 | -18.3% |
| Profit (loss) for the period | 9904 | €126,451 | €108,512 | -€17,938 | -14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €126,451 | €108,512 | -€17,938 | -14.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.