HATI'S: 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.
HATI'S
Largest movements
- Cash -€10,455
down €10,455 (-32.6%), from €32,024 to €21,569
mainly Other debts (-€42,482) and Tax, wage and social debts (-€8,677)
- Tangible fixed assets -€7,034
down €7,034 (-48.7%), from €14,446 to €7,411
of which Plant, machinery and equipment: -€5,011
- Stocks and contracts +€3,873
up €3,873 (+149.6%), from €2,589 to €6,462
- Receivables within one year -€2,243
down €2,243 (-92.1%), from €2,435 to €192
of which Trade receivables: -€2,072
- Deferred charges and accrued income -€1,569
down €1,569 (-100.0%), from €1,569 to €0
- Other debts -€42,482
down €42,482 (-98.0%), from €43,356 to €873
- Contributions +€20,000
up €20,000 (+200.0%), from €10,000 to €30,000
- Profit (loss) carried forward +€12,759
up €12,759 (+65.8%), from -€19,383 to -€6,624
- Tax, wage and social debts -€8,677
down €8,677 (-60.9%), from €14,246 to €5,569
of which Taxes: -€4,366
- Trade debts +€972
up €972 (+12.7%), from €7,644 to €8,616
- Staff costs -€11,111
down €11,111 (-21.5%), from €51,572 to €40,461
- Gross operating margin -€6,316
down €6,316 (-9.2%), from €68,396 to €62,080
- Financial charges +€916
up €916 (+570.7%), from €161 to €1,077
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 | €55,862 | €38,434 | -€17,428 | -31.2% |
| Fixed assets | 21/28 | €17,246 | €10,211 | -€7,034 | -40.8% |
| Tangible fixed assets | 22/27 | €14,446 | €7,411 | -€7,034 | -48.7% |
| Plant, machinery and equipment | 23 | €10,832 | €5,820 | -€5,011 | -46.3% |
| Furniture and vehicles | 24 | €3,389 | €1,591 | -€1,797 | -53.0% |
| Other tangible fixed assets | 26 | €225 | €0 | -€225 | -100.0% |
| Financial fixed assets | 28 | €2,800 | €2,800 | = | 0.0% |
| Current assets | 29/58 | €38,617 | €28,223 | -€10,394 | -26.9% |
| Stocks and contracts in progress | 3 | €2,589 | €6,462 | +€3,873 | +149.6% |
| Stocks | 30/36 | €2,589 | €6,462 | +€3,873 | +149.6% |
| Amounts receivable within one year | 40/41 | €2,435 | €192 | -€2,243 | -92.1% |
| Trade receivables | 40 | €2,072 | €0 | -€2,072 | -100.0% |
| Other amounts receivable | 41 | €363 | €192 | -€171 | -47.2% |
| Cash at bank and in hand | 54/58 | €32,024 | €21,569 | -€10,455 | -32.6% |
| Deferred charges and accrued income | 490/1 | €1,569 | €0 | -€1,569 | -100.0% |
| Total equity and liabilities | 10/49 | €55,862 | €38,434 | -€17,428 | -31.2% |
| Equity | 10/15 | -€9,383 | €23,376 | +€32,759 | |
| Contributions | 10/11 | €10,000 | €30,000 | +€20,000 | +200.0% |
| Profit (loss) carried forward | 14 | -€19,383 | -€6,624 | +€12,759 | +65.8% |
| Amounts payable | 17/49 | €65,245 | €15,058 | -€50,187 | -76.9% |
| Amounts payable within one year | 42/48 | €65,245 | €15,058 | -€50,187 | -76.9% |
| Trade debts | 44 | €7,644 | €8,616 | +€972 | +12.7% |
| Suppliers | 440/4 | €7,644 | €8,616 | +€972 | +12.7% |
| Taxes, remuneration and social security | 45 | €14,246 | €5,569 | -€8,677 | -60.9% |
| Taxes | 450/3 | €5,135 | €768 | -€4,366 | -85.0% |
| Remuneration and social security | 454/9 | €9,111 | €4,800 | -€4,311 | -47.3% |
| Other amounts payable | 47/48 | €43,356 | €873 | -€42,482 | -98.0% |
| Remuneration, social security and pensions | 62 | €51,572 | €40,461 | -€11,111 | -21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,350 | €7,034 | -€316 | -4.3% |
| Other operating charges | 640/8 | €1,764 | €1,153 | -€611 | -34.6% |
| Gross operating margin | 9900 | €68,396 | €62,080 | -€6,316 | -9.2% |
| Operating profit (loss) | 9901 | €7,709 | €13,431 | +€5,722 | +74.2% |
| Financial charges | 65/66B | €161 | €1,077 | +€916 | +570.7% |
| Recurring financial charges | 65 | €161 | €1,077 | +€916 | +570.7% |
| Profit (loss) for the period before taxes | 9903 | €7,549 | €12,354 | +€4,806 | +63.7% |
| Income taxes | 67/77 | €371 | €0 | -€371 | -100.0% |
| Profit (loss) for the period | 9904 | €7,177 | €12,354 | +€5,177 | +72.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,177 | €12,354 | +€5,177 | +72.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.