HATHI: 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.
HATHI
Largest movements
- Receivables within one year +€50,178
up €50,178 (+376.8%), from €13,316 to €63,494
of which Trade receivables: +€49,191
- Tangible fixed assets -€27,868
down €27,868 (-49.5%), from €56,250 to €28,382
- Cash -€13,291
down €13,291 (-83.0%), from €16,020 to €2,729
mainly Receivables within one year (-€50,178) and Contributions, distributions and other (-€19,700)
- Deferred charges and accrued income +€3,331
up €3,331 (+70.7%), from €4,710 to €8,042
- Current portion of long-term debt -€18,744
down €18,744 (-72.3%), from €25,925 to €7,181
- Tax, wage and social debts +€17,267
up €17,267 (+375.6%), from €4,597 to €21,864
of which Taxes: +€11,267
- Other debts +€9,645
up €9,645 (+3442.9%), from €280 to €9,925
- Debts after one year -€7,181
no longer reported in 2025 (was €7,181)
- Trade debts +€5,776
up €5,776 (+267.0%), from €2,163 to €7,939
- Gross operating margin +€16,760
up €16,760 (+36.3%), from €46,134 to €62,894
- Taxes +€3,531
up €3,531 (+81.4%), from €4,339 to €7,871
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 | €90,397 | €102,747 | +€12,351 | +13.7% |
| Fixed assets | 21/28 | €56,350 | €28,482 | -€27,868 | -49.5% |
| Tangible fixed assets | 22/27 | €56,250 | €28,382 | -€27,868 | -49.5% |
| Furniture and vehicles | 24 | €56,250 | €28,382 | -€27,868 | -49.5% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €34,046 | €74,265 | +€40,218 | +118.1% |
| Amounts receivable within one year | 40/41 | €13,316 | €63,494 | +€50,178 | +376.8% |
| Trade receivables | 40 | €13,316 | €62,507 | +€49,191 | +369.4% |
| Other amounts receivable | 41 | - | €986 | +€986 | |
| Cash at bank and in hand | 54/58 | €16,020 | €2,729 | -€13,291 | -83.0% |
| Deferred charges and accrued income | 490/1 | €4,710 | €8,042 | +€3,331 | +70.7% |
| Total equity and liabilities | 10/49 | €90,397 | €102,747 | +€12,351 | +13.7% |
| Equity | 10/15 | €50,251 | €55,838 | +€5,587 | +11.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,251 | €52,838 | +€5,587 | +11.8% |
| Amounts payable | 17/49 | €40,146 | €46,909 | +€6,763 | +16.8% |
| Amounts payable after more than one year | 17 | €7,181 | - | -€7,181 | |
| Financial debts | 170/4 | €7,181 | - | -€7,181 | |
| Amounts payable within one year | 42/48 | €32,965 | €46,909 | +€13,944 | +42.3% |
| Current portion of amounts payable after more than one year | 42 | €25,925 | €7,181 | -€18,744 | -72.3% |
| Trade debts | 44 | €2,163 | €7,939 | +€5,776 | +267.0% |
| Suppliers | 440/4 | €2,163 | €7,939 | +€5,776 | +267.0% |
| Taxes, remuneration and social security | 45 | €4,597 | €21,864 | +€17,267 | +375.6% |
| Taxes | 450/3 | €4,597 | €15,864 | +€11,267 | +245.1% |
| Remuneration and social security | 454/9 | - | €6,000 | +€6,000 | |
| Other amounts payable | 47/48 | €280 | €9,925 | +€9,645 | +3442.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,868 | €27,868 | = | 0.0% |
| Other operating charges | 640/8 | €1,216 | €1,403 | +€188 | +15.4% |
| Gross operating margin | 9900 | €46,134 | €62,894 | +€16,760 | +36.3% |
| Operating profit (loss) | 9901 | €17,051 | €33,622 | +€16,572 | +97.2% |
| Financial income | 75/76B | €0 | €0 | +€0 | +100.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100.0% |
| Financial charges | 65/66B | €1,044 | €465 | -€580 | -55.5% |
| Recurring financial charges | 65 | €1,044 | €465 | -€580 | -55.5% |
| Profit (loss) for the period before taxes | 9903 | €16,006 | €33,158 | +€17,152 | +107.2% |
| Income taxes | 67/77 | €4,339 | €7,871 | +€3,531 | +81.4% |
| Profit (loss) for the period | 9904 | €11,667 | €25,287 | +€13,620 | +116.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,667 | €25,287 | +€13,620 | +116.7% |
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 8 October 2026 via checked.be.