HATP: 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.
HATP
Largest movements
- Receivables within one year +€69,281
up €69,281 (+66.0%), from €104,946 to €174,227
of which Trade receivables: +€59,816
- Tangible fixed assets -€35,153
down €35,153 (-12.8%), from €275,465 to €240,313
of which Plant, machinery and equipment: -€18,764
- Debts after one year -€44,195
down €44,195 (-20.8%), from €212,532 to €168,337
- Trade debts +€29,172
up €29,172 (+144.6%), from €20,177 to €49,349
- Profit (loss) carried forward +€19,489
up €19,489 (+24.3%), from €80,066 to €99,554
- Short-term financial debts +€13,073
up €13,073 (+189.0%), from €6,915 to €19,988
- Tax, wage and social debts +€12,980
up €12,980 (+55.6%), from €23,359 to €36,340
of which Remuneration and social security: +€6,675
- Staff costs +€20,211
up €20,211 (+44.0%), from €45,883 to €66,094
- Gross operating margin +€9,027
up €9,027 (+6.2%), from €146,678 to €155,705
- Financial charges +€8,334
up €8,334 (+53.8%), from €15,485 to €23,819
- Other operating charges -€2,796
down €2,796 (-63.4%), from €4,413 to €1,617
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 | €388,813 | €425,174 | +€36,361 | +9.4% |
| Fixed assets | 21/28 | €275,465 | €240,313 | -€35,153 | -12.8% |
| Tangible fixed assets | 22/27 | €275,465 | €240,313 | -€35,153 | -12.8% |
| Plant, machinery and equipment | 23 | €153,302 | €134,538 | -€18,764 | -12.2% |
| Furniture and vehicles | 24 | €122,164 | €105,774 | -€16,389 | -13.4% |
| Current assets | 29/58 | €113,347 | €184,861 | +€71,514 | +63.1% |
| Amounts receivable within one year | 40/41 | €104,946 | €174,227 | +€69,281 | +66.0% |
| Trade receivables | 40 | €25,145 | €84,961 | +€59,816 | +237.9% |
| Other amounts receivable | 41 | €79,801 | €89,266 | +€9,465 | +11.9% |
| Cash at bank and in hand | 54/58 | - | €429 | +€429 | |
| Deferred charges and accrued income | 490/1 | €8,401 | €10,205 | +€1,804 | +21.5% |
| Total equity and liabilities | 10/49 | €388,813 | €425,174 | +€36,361 | +9.4% |
| Equity | 10/15 | €83,066 | €102,554 | +€19,489 | +23.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,066 | €99,554 | +€19,489 | +24.3% |
| Amounts payable | 17/49 | €305,747 | €322,619 | +€16,873 | +5.5% |
| Amounts payable after more than one year | 17 | €212,532 | €168,337 | -€44,195 | -20.8% |
| Financial debts | 170/4 | €212,532 | €168,337 | -€44,195 | -20.8% |
| Amounts payable within one year | 42/48 | €93,215 | €151,853 | +€58,638 | +62.9% |
| Current portion of amounts payable after more than one year | 42 | €42,763 | €46,176 | +€3,413 | +8.0% |
| Financial debts | 43 | €6,915 | €19,988 | +€13,073 | +189.0% |
| Credit institutions | 430/8 | €6,915 | €19,988 | +€13,073 | +189.0% |
| Trade debts | 44 | €20,177 | €49,349 | +€29,172 | +144.6% |
| Suppliers | 440/4 | €20,177 | €49,349 | +€29,172 | +144.6% |
| Taxes, remuneration and social security | 45 | €23,359 | €36,340 | +€12,980 | +55.6% |
| Taxes | 450/3 | €16,524 | €22,830 | +€6,306 | +38.2% |
| Remuneration and social security | 454/9 | €6,835 | €13,510 | +€6,675 | +97.7% |
| Accrued charges and deferred income | 492/3 | - | €2,429 | +€2,429 | |
| Remuneration, social security and pensions | 62 | €45,883 | €66,094 | +€20,211 | +44.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,244 | €38,659 | +€414 | +1.1% |
| Other operating charges | 640/8 | €4,413 | €1,617 | -€2,796 | -63.4% |
| Gross operating margin | 9900 | €146,678 | €155,705 | +€9,027 | +6.2% |
| Operating profit (loss) | 9901 | €58,137 | €49,336 | -€8,801 | -15.1% |
| Financial income | 75/76B | €3,054 | €3,896 | +€842 | +27.6% |
| Recurring financial income | 75 | €3,054 | €3,896 | +€842 | +27.6% |
| Financial charges | 65/66B | €15,485 | €23,819 | +€8,334 | +53.8% |
| Recurring financial charges | 65 | €15,485 | €23,819 | +€8,334 | +53.8% |
| Profit (loss) for the period before taxes | 9903 | €45,706 | €29,413 | -€16,294 | -35.6% |
| Income taxes | 67/77 | €10,274 | €9,924 | -€350 | -3.4% |
| Profit (loss) for the period | 9904 | €35,432 | €19,489 | -€15,944 | -45.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,432 | €19,489 | -€15,944 | -45.0% |
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 1 October 2026 via checked.be.