Hazjos: 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.
Hazjos
Largest movements
- Receivables within one year -€39,075
down €39,075 (-99.5%), from €39,254 to €179
of which Other amounts receivable: -€37,687
- Cash -€33,167
down €33,167 (-19.4%), from €170,665 to €137,497
mainly Contributions, distributions and other (-€321,900) and Tax, wage and social debts (-€31,888)
- Receivables after one year -€25,000
no longer reported in 2025 (was €25,000)
- Tangible fixed assets -€9,391
down €9,391 (-21.5%), from €43,661 to €34,271
of which Plant, machinery and equipment: -€8,728
- Deferred charges and accrued income -€8,832
down €8,832 (-67.4%), from €13,111 to €4,278
- Profit (loss) carried forward -€195,133
down €195,133 (-93.8%), from €207,992 to €12,858
- Other debts +€99,168
new in 2025: €99,168
- Tax, wage and social debts -€31,888
down €31,888 (-78.5%), from €40,605 to €8,717
of which Taxes: -€33,924
- Short-term financial debts +€8,368
up €8,368 (+75.8%), from €11,045 to €19,412
- Gross operating margin +€52,004
up €52,004 (+30.2%), from €172,072 to €224,077
- Taxes +€13,349
up €13,349 (+50.2%), from €26,611 to €39,960
- Staff costs +€5,533
up €5,533 (+17.4%), from €31,720 to €37,254
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €291,691 | €176,226 | -€115,465 | -39.6% |
| Fixed assets | 21/28 | €43,661 | €34,271 | -€9,391 | -21.5% |
| Tangible fixed assets | 22/27 | €43,661 | €34,271 | -€9,391 | -21.5% |
| Plant, machinery and equipment | 23 | €38,452 | €29,725 | -€8,728 | -22.7% |
| Furniture and vehicles | 24 | €5,209 | €4,546 | -€663 | -12.7% |
| Current assets | 29/58 | €248,029 | €141,955 | -€106,074 | -42.8% |
| Amounts receivable after more than one year | 29 | €25,000 | - | -€25,000 | |
| Other amounts receivable | 291 | €25,000 | - | -€25,000 | |
| Amounts receivable within one year | 40/41 | €39,254 | €179 | -€39,075 | -99.5% |
| Trade receivables | 40 | €1,387 | - | -€1,387 | |
| Other amounts receivable | 41 | €37,867 | €179 | -€37,687 | -99.5% |
| Cash at bank and in hand | 54/58 | €170,665 | €137,497 | -€33,167 | -19.4% |
| Deferred charges and accrued income | 490/1 | €13,111 | €4,278 | -€8,832 | -67.4% |
| Total equity and liabilities | 10/49 | €291,691 | €176,226 | -€115,465 | -39.6% |
| Equity | 10/15 | €229,451 | €34,317 | -€195,133 | -85.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €18,459 | €18,459 | = | 0.0% |
| Distributable reserves | 133 | €18,459 | €18,459 | = | 0.0% |
| Profit (loss) carried forward | 14 | €207,992 | €12,858 | -€195,133 | -93.8% |
| Amounts payable | 17/49 | €62,240 | €141,908 | +€79,668 | +128% |
| Amounts payable within one year | 42/48 | €62,240 | €141,628 | +€79,388 | +128% |
| Financial debts | 43 | €11,045 | €19,412 | +€8,368 | +75.8% |
| Credit institutions | 430/8 | €11,045 | €19,412 | +€8,368 | +75.8% |
| Trade debts | 44 | €10,348 | €12,830 | +€2,482 | +24.0% |
| Suppliers | 440/4 | €10,348 | €12,830 | +€2,482 | +24.0% |
| Advances received on contracts in progress | 46 | €243 | €1,500 | +€1,258 | +519% |
| Taxes, remuneration and social security | 45 | €40,605 | €8,717 | -€31,888 | -78.5% |
| Taxes | 450/3 | €35,014 | €1,089 | -€33,924 | -96.9% |
| Remuneration and social security | 454/9 | €5,591 | €7,627 | +€2,036 | +36.4% |
| Other amounts payable | 47/48 | - | €99,168 | +€99,168 | |
| Accrued charges and deferred income | 492/3 | - | €281 | +€281 | |
| Remuneration, social security and pensions | 62 | €31,720 | €37,254 | +€5,533 | +17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,126 | €17,108 | -€1,018 | -5.6% |
| Other operating charges | 640/8 | €1,629 | €1,473 | -€156 | -9.6% |
| Non-recurring operating charges | 66A | €156 | - | -€156 | |
| Gross operating margin | 9900 | €172,072 | €224,077 | +€52,004 | +30.2% |
| Operating profit (loss) | 9901 | €120,440 | €168,242 | +€47,801 | +39.7% |
| Financial income | 75/76B | €2,481 | €1,491 | -€991 | -39.9% |
| Recurring financial income | 75 | €2,481 | €1,491 | -€991 | -39.9% |
| Financial charges | 65/66B | €3,745 | €3,006 | -€739 | -19.7% |
| Recurring financial charges | 65 | €3,745 | €3,006 | -€739 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | €119,177 | €166,726 | +€47,549 | +39.9% |
| Income taxes | 67/77 | €26,611 | €39,960 | +€13,349 | +50.2% |
| Profit (loss) for the period | 9904 | €92,566 | €126,767 | +€34,200 | +36.9% |
| Profit (loss) for the period to be appropriated | 9905 | €92,566 | €126,767 | +€34,200 | +36.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.