Hatico: 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.
Hatico
Largest movements
- Cash +€70,161
up €70,161 (+201.5%), from €34,825 to €104,986
mainly Net result for the year (+€40,607) and Tax, wage and social debts (+€19,644)
- Tangible fixed assets -€5,300
down €5,300 (-26.7%), from €19,854 to €14,555
of which Other tangible fixed assets: -€4,245
- Deferred charges and accrued income +€1,241
new in 2025: €1,241
- Reserves +€39,774
up €39,774 (+119.1%), from €33,408 to €73,183
- Tax, wage and social debts +€19,644
up €19,644 (+119.9%), from €16,380 to €36,024
- Other debts +€6,775
up €6,775 (+212.4%), from €3,190 to €9,964
- Accrued charges and deferred income -€1,252
down €1,252 (-52.9%), from €2,366 to €1,113
- Gross operating margin +€10,513
up €10,513 (+18.9%), from €55,591 to €66,104
- Taxes +€3,292
up €3,292 (+20.1%), from €16,380 to €19,672
- Depreciation +€1,327
up €1,327 (+33.4%), from €3,972 to €5,300
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 | €55,651 | €120,781 | +€65,130 | +117.0% |
| Fixed assets | 21/28 | €19,854 | €14,555 | -€5,300 | -26.7% |
| Tangible fixed assets | 22/27 | €19,854 | €14,555 | -€5,300 | -26.7% |
| Plant, machinery and equipment | 23 | €2,079 | €1,362 | -€717 | -34.5% |
| Furniture and vehicles | 24 | €754 | €416 | -€338 | -44.8% |
| Other tangible fixed assets | 26 | €17,021 | €12,777 | -€4,245 | -24.9% |
| Current assets | 29/58 | €35,797 | €106,227 | +€70,430 | +196.7% |
| Amounts receivable within one year | 40/41 | €972 | - | -€972 | |
| Trade receivables | 40 | €972 | - | -€972 | |
| Cash at bank and in hand | 54/58 | €34,825 | €104,986 | +€70,161 | +201.5% |
| Deferred charges and accrued income | 490/1 | - | €1,241 | +€1,241 | |
| Total equity and liabilities | 10/49 | €55,651 | €120,781 | +€65,130 | +117.0% |
| Equity | 10/15 | €33,508 | €73,283 | +€39,774 | +118.7% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €33,408 | €73,183 | +€39,774 | +119.1% |
| Distributable reserves | 133 | €33,408 | €73,183 | +€39,774 | +119.1% |
| Amounts payable | 17/49 | €22,143 | €47,499 | +€25,356 | +114.5% |
| Amounts payable within one year | 42/48 | €19,777 | €46,385 | +€26,608 | +134.5% |
| Trade debts | 44 | €207 | €397 | +€189 | +91.2% |
| Suppliers | 440/4 | €207 | €397 | +€189 | +91.2% |
| Taxes, remuneration and social security | 45 | €16,380 | €36,024 | +€19,644 | +119.9% |
| Taxes | 450/3 | €16,380 | €36,024 | +€19,644 | +119.9% |
| Other amounts payable | 47/48 | €3,190 | €9,964 | +€6,775 | +212.4% |
| Accrued charges and deferred income | 492/3 | €2,366 | €1,113 | -€1,252 | -52.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,972 | €5,300 | +€1,327 | +33.4% |
| Other operating charges | 640/8 | €920 | €465 | -€455 | -49.4% |
| Gross operating margin | 9900 | €55,591 | €66,104 | +€10,513 | +18.9% |
| Operating profit (loss) | 9901 | €50,698 | €60,339 | +€9,641 | +19.0% |
| Financial income | 75/76B | €0 | €94 | +€94 | +937700.0% |
| Recurring financial income | 75 | €0 | €94 | +€94 | +937700.0% |
| Financial charges | 65/66B | €51 | €154 | +€103 | +201.7% |
| Recurring financial charges | 65 | €51 | €154 | +€103 | +201.7% |
| Profit (loss) for the period before taxes | 9903 | €50,647 | €60,279 | +€9,632 | +19.0% |
| Income taxes | 67/77 | €16,380 | €19,672 | +€3,292 | +20.1% |
| Profit (loss) for the period | 9904 | €34,267 | €40,607 | +€6,340 | +18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,267 | €40,607 | +€6,340 | +18.5% |
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 8 October 2026 via checked.be.