HATOM: 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.
What changed
HATOM
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€80,472
2024 · €191,460-€110,988
Equity
€5.0m
2024 · €5.0m+€80,472
Cash
€190,894
2024 · €198,482-€7,588
Balance sheet total
€5.9m
2024 · €5.8m+€118,955
Largest movements
Assets
- Receivables after one year +€68,806
up €68,806 (+9.3%), from €736,895 to €805,701
- Current investments +€63,494
up €63,494 (+3.9%), from €1.6m to €1.7m
Equity and liabilities
- Debts after one year +€100,000
up €100,000 (+16.7%), from €600,000 to €700,000
- Reserves +€80,472
up €80,472 (+2.1%), from €3.8m to €3.9m
of which Distributable reserves: +€86,432
Income statement
- Financial income -€129,502
down €129,502 (-56.3%), from €229,831 to €100,329
of which Financial income: -€97,102
- Taxes -€51,508
down €51,508 (-63.8%), from €80,690 to €29,182
- Financial charges +€26,991
up €26,991 (+179%), from €15,086 to €42,077
- Other operating charges +€7,459
up €7,459 (+40.0%), from €18,633 to €26,092
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.
Result 2024
€191,460
Gross operating margin
+€1,250
Depreciation
+€151
Other operating charges
-€7,459
Other operating items
+€53
Financial income
-€129,502
Financial charges
-€26,991
Taxes
+€51,508
Deferred taxes and other
+€2
Result 2025
€80,472
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€44,094
Investment
-€63,494
Financing
+€100,000
Cash 2024
€198,482
From operations (derived)
-€44,094
Net result for the year
+€80,472
Depreciation
+€51,573
Receivables after one year
-€68,806
Receivables within one year
-€30,277
Deferred charges and accrued income
-€15,539
Provisions
-€3,068
Trade debts
-€2,769
Tax, wage and social debts
-€53,717
Other debts
+€20
Accrued charges and deferred income
-€1,983
Investment (derived)
-€63,494
Current investments
-€63,494
Financing
+€100,000
Debts after one year
+€100,000
Cash 2025
€190,894
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,762,964 | €5,881,919 | +€118,955 | +2.1% |
| Fixed assets | 21/28 | €3,071,154 | €3,019,581 | -€51,573 | -1.7% |
| Tangible fixed assets | 22/27 | €1,419,883 | €1,368,310 | -€51,573 | -3.6% |
| Land and buildings | 22 | €1,397,807 | €1,347,100 | -€50,707 | -3.6% |
| Furniture and vehicles | 24 | €539 | €41 | -€498 | -92.4% |
| Other tangible fixed assets | 26 | €21,537 | €21,169 | -€368 | -1.7% |
| Financial fixed assets | 28 | €1,651,271 | €1,651,271 | = | 0.0% |
| Current assets | 29/58 | €2,691,810 | €2,862,338 | +€170,528 | +6.3% |
| Amounts receivable after more than one year | 29 | €736,895 | €805,701 | +€68,806 | +9.3% |
| Other amounts receivable | 291 | €736,895 | €805,701 | +€68,806 | +9.3% |
| Amounts receivable within one year | 40/41 | €97,220 | €127,497 | +€30,277 | +31.1% |
| Trade receivables | 40 | €18,064 | €27,139 | +€9,075 | +50.2% |
| Other amounts receivable | 41 | €79,156 | €100,358 | +€21,202 | +26.8% |
| Current investments | 50/53 | €1,622,996 | €1,686,490 | +€63,494 | +3.9% |
| Cash at bank and in hand | 54/58 | €198,482 | €190,894 | -€7,588 | -3.8% |
| Deferred charges and accrued income | 490/1 | €36,217 | €51,756 | +€15,539 | +42.9% |
| Total equity and liabilities | 10/49 | €5,762,964 | €5,881,919 | +€118,955 | +2.1% |
| Equity | 10/15 | €4,963,957 | €5,044,429 | +€80,472 | +1.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Revaluation surpluses | 12 | €1,076,053 | €1,076,053 | = | 0.0% |
| Reserves | 13 | €3,826,404 | €3,906,876 | +€80,472 | +2.1% |
| Non-distributable reserves | 130/1 | €19,832 | €19,832 | = | 0.0% |
| Legal reserve | 130 | €19,832 | €19,832 | = | 0.0% |
| Tax-exempt reserves | 132 | €176,185 | €170,225 | -€5,960 | -3.4% |
| Distributable reserves | 133 | €3,630,387 | €3,716,819 | +€86,432 | +2.4% |
| Provisions and deferred taxes | 16 | €90,721 | €87,653 | -€3,068 | -3.4% |
| Deferred taxes | 168 | €90,721 | €87,653 | -€3,068 | -3.4% |
| Amounts payable | 17/49 | €708,286 | €749,837 | +€41,551 | +5.9% |
| Amounts payable after more than one year | 17 | €600,000 | €700,000 | +€100,000 | +16.7% |
| Other amounts payable | 178/9 | €600,000 | €700,000 | +€100,000 | +16.7% |
| Amounts payable within one year | 42/48 | €79,947 | €23,481 | -€56,466 | -70.6% |
| Trade debts | 44 | €4,783 | €2,014 | -€2,769 | -57.9% |
| Suppliers | 440/4 | €4,783 | €2,014 | -€2,769 | -57.9% |
| Taxes, remuneration and social security | 45 | €71,861 | €18,144 | -€53,717 | -74.8% |
| Taxes | 450/3 | €71,861 | €18,144 | -€53,717 | -74.8% |
| Other amounts payable | 47/48 | €3,303 | €3,323 | +€20 | +0.6% |
| Accrued charges and deferred income | 492/3 | €28,339 | €26,356 | -€1,983 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,724 | €51,573 | -€151 | -0.3% |
| Other operating charges | 640/8 | €18,633 | €26,092 | +€7,459 | +40.0% |
| Non-recurring operating charges | 66A | €53 | - | -€53 | |
| Gross operating margin | 9900 | €124,749 | €125,999 | +€1,250 | +1.0% |
| Operating profit (loss) | 9901 | €54,339 | €48,334 | -€6,005 | -11.1% |
| Financial income | 75/76B | €229,831 | €100,329 | -€129,502 | -56.3% |
| Recurring financial income | 75 | €197,431 | €100,329 | -€97,102 | -49.2% |
| Non-recurring financial income | 76B | €32,400 | - | -€32,400 | |
| Financial charges | 65/66B | €15,086 | €42,077 | +€26,991 | +179% |
| Recurring financial charges | 65 | €15,086 | €42,077 | +€26,991 | +179% |
| Profit (loss) for the period before taxes | 9903 | €269,084 | €106,586 | -€162,498 | -60.4% |
| Transfer from deferred taxes | 780 | €3,066 | €3,068 | +€2 | +0.1% |
| Income taxes | 67/77 | €80,690 | €29,182 | -€51,508 | -63.8% |
| Profit (loss) for the period | 9904 | €191,460 | €80,472 | -€110,988 | -58.0% |
| Transfer from tax-exempt reserves | 789 | €5,953 | €5,960 | +€7 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €197,413 | €86,432 | -€110,981 | -56.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.