HATS: 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.
HATS
Largest movements
- Tangible fixed assets -€1,326
down €1,326 (-11.4%), from €11,652 to €10,326
of which Land and buildings: -€1,027
- Deferred charges and accrued income -€1,292
down €1,292 (-99.4%), from €1,299 to €7
- Cash -€834
down €834 (-15.4%), from €5,424 to €4,589
mainly Net result for the year (-€6,895) and Trade debts (-€1,169)
- Receivables within one year -€716
down €716 (-62.5%), from €1,146 to €430
of which Trade receivables: -€716
- Profit (loss) carried forward -€6,895
down €6,895 (-7.4%), from -€92,877 to -€99,772
- Other debts +€4,071
up €4,071 (+4.8%), from €84,431 to €88,502
- Trade debts -€1,169
down €1,169 (-15.9%), from €7,373 to €6,204
- Gross operating margin -€2,718
down €2,718 (-139.1%), from -€1,955 to -€4,673
- Depreciation +€186
up €186 (+16.3%), from €1,140 to €1,326
- Other operating charges -€184
down €184 (-23.1%), from €797 to €613
- Financial charges +€121
up €121 (+74.6%), from €163 to €284
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 | €19,521 | €15,353 | -€4,168 | -21.4% |
| Fixed assets | 21/28 | €11,652 | €10,326 | -€1,326 | -11.4% |
| Tangible fixed assets | 22/27 | €11,652 | €10,326 | -€1,326 | -11.4% |
| Land and buildings | 22 | €10,271 | €9,244 | -€1,027 | -10.0% |
| Plant, machinery and equipment | 23 | €1,381 | €1,082 | -€299 | -21.6% |
| Current assets | 29/58 | €7,869 | €5,027 | -€2,842 | -36.1% |
| Amounts receivable within one year | 40/41 | €1,146 | €430 | -€716 | -62.5% |
| Trade receivables | 40 | €1,111 | €395 | -€716 | -64.4% |
| Other amounts receivable | 41 | €35 | €35 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,424 | €4,589 | -€834 | -15.4% |
| Deferred charges and accrued income | 490/1 | €1,299 | €7 | -€1,292 | -99.4% |
| Total equity and liabilities | 10/49 | €19,521 | €15,353 | -€4,168 | -21.4% |
| Equity | 10/15 | -€72,835 | -€79,730 | -€6,895 | -9.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,450 | €1,450 | = | 0.0% |
| Distributable reserves | 133 | €1,450 | €1,450 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€92,877 | -€99,772 | -€6,895 | -7.4% |
| Amounts payable | 17/49 | €92,356 | €95,083 | +€2,727 | +3.0% |
| Amounts payable within one year | 42/48 | €92,356 | €95,083 | +€2,727 | +3.0% |
| Trade debts | 44 | €7,373 | €6,204 | -€1,169 | -15.9% |
| Suppliers | 440/4 | €7,373 | €6,204 | -€1,169 | -15.9% |
| Taxes, remuneration and social security | 45 | €552 | €377 | -€174 | -31.6% |
| Taxes | 450/3 | €552 | €377 | -€174 | -31.6% |
| Other amounts payable | 47/48 | €84,431 | €88,502 | +€4,071 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,140 | €1,326 | +€186 | +16.3% |
| Other operating charges | 640/8 | €797 | €613 | -€184 | -23.1% |
| Gross operating margin | 9900 | -€1,955 | -€4,673 | -€2,718 | -139.1% |
| Operating profit (loss) | 9901 | -€3,891 | -€6,611 | -€2,720 | -69.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €163 | €284 | +€121 | +74.6% |
| Recurring financial charges | 65 | €163 | €284 | +€121 | +74.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,054 | -€6,895 | -€2,841 | -70.1% |
| Profit (loss) for the period | 9904 | -€4,054 | -€6,895 | -€2,841 | -70.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,054 | -€6,895 | -€2,841 | -70.1% |
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 4 October 2026 via checked.be.