Hazerco: 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.
Hazerco
Largest movements
- Receivables within one year -€5,300
down €5,300 (-90.9%), from €5,829 to €529
of which Trade receivables: -€5,000
- Tangible fixed assets -€357
no longer reported in 2025 (was €357)
- Financial fixed assets -€90
down €90 (-100.0%), from €90 to €0
- Other debts -€3,104
no longer reported in 2025 (was €3,104)
- Profit (loss) carried forward -€2,675
down €2,675 (-7.9%), from -€33,648 to -€36,323
- Write-downs +€5,300
new in 2025: €5,300
- Gross operating margin +€4,157
up €4,157, from -€1,083 to €3,074
- Depreciation -€251
down €251 (-41.3%), from €608 to €357
- Financial charges -€99
down €99 (-52.1%), from €190 to €91
of which Financial charges: -€189
- Purchases and services +€46
new in 2025: €46
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 | €6,281 | €529 | -€5,752 | -91.6% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €447 | €0 | -€447 | -100.0% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €357 | - | -€357 | |
| Plant, machinery and equipment | 23 | €357 | - | -€357 | |
| Financial fixed assets | 28 | €90 | €0 | -€90 | -100.0% |
| Current assets | 29/58 | €5,834 | €529 | -€5,305 | -90.9% |
| Amounts receivable within one year | 40/41 | €5,829 | €529 | -€5,300 | -90.9% |
| Trade receivables | 40 | €5,000 | €0 | -€5,000 | -100.0% |
| Other amounts receivable | 41 | €829 | €529 | -€300 | -36.2% |
| Cash at bank and in hand | 54/58 | €5 | €0 | -€5 | -100.0% |
| Total equity and liabilities | 10/49 | €6,281 | €529 | -€5,752 | -91.6% |
| Equity | 10/15 | €3,177 | €502 | -€2,675 | -84.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €30,625 | €30,625 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €28,765 | €28,765 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,648 | -€36,323 | -€2,675 | -7.9% |
| Amounts payable | 17/49 | €3,104 | €27 | -€3,077 | -99.1% |
| Amounts payable within one year | 42/48 | €3,104 | €27 | -€3,077 | -99.1% |
| Financial debts | 43 | - | €27 | +€27 | |
| Credit institutions | 430/8 | - | €27 | +€27 | |
| Other amounts payable | 47/48 | €3,104 | - | -€3,104 | |
| Turnover | 70 | - | €0 | = | |
| Non-recurring operating income | 76A | - | €3,120 | +€3,120 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €46 | +€46 | |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €608 | €357 | -€251 | -41.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,300 | +€5,300 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €0 | = | |
| Other operating charges | 640/8 | - | €1 | +€1 | |
| Gross operating margin | 9900 | -€1,083 | €3,074 | +€4,157 | |
| Operating profit (loss) | 9901 | -€1,691 | -€2,584 | -€893 | -52.8% |
| Financial income | 75/76B | - | €0 | = | |
| Recurring financial income | 75 | - | €0 | = | |
| Financial charges | 65/66B | €190 | €91 | -€99 | -52.1% |
| Recurring financial charges | 65 | €190 | €1 | -€189 | -99.5% |
| Non-recurring financial charges | 66B | - | €90 | +€90 | |
| Profit (loss) for the period before taxes | 9903 | -€1,881 | -€2,675 | -€794 | -42.2% |
| Profit (loss) for the period | 9904 | -€1,881 | -€2,675 | -€794 | -42.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,881 | -€2,675 | -€794 | -42.2% |
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 6 October 2026 via checked.be.