t Hasselt: 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.
t Hasselt
Largest movements
- Tangible fixed assets -€27,974
down €27,974 (-13.5%), from €206,656 to €178,682
of which Plant, machinery and equipment: -€15,037
- Receivables within one year -€3,004
down €3,004 (-25.0%), from €12,034 to €9,030
of which Trade receivables: -€2,010
- Other debts +€29,312
up €29,312 (+15.5%), from €189,323 to €218,634
- Trade debts -€24,714
down €24,714 (-55.7%), from €44,341 to €19,627
- Profit (loss) carried forward -€21,159
down €21,159 (-8.8%), from -€239,789 to -€260,948
- Debts after one year -€16,020
down €16,020 (-7.9%), from €202,933 to €186,914
of which Financial debts: -€16,020
- Depreciation -€32,160
down €32,160 (-48.6%), from €66,134 to €33,974
- Gross operating margin +€19,269
up €19,269, from -€1,876 to €17,394
- Other operating charges -€618
down €618 (-42.4%), from €1,458 to €840
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 | €232,841 | €200,160 | -€32,681 | -14.0% |
| Formation expenses | 20 | €458 | - | -€458 | |
| Fixed assets | 21/28 | €206,656 | €178,682 | -€27,974 | -13.5% |
| Tangible fixed assets | 22/27 | €206,656 | €178,682 | -€27,974 | -13.5% |
| Land and buildings | 22 | €1,587 | €7,383 | +€5,795 | +365% |
| Plant, machinery and equipment | 23 | €90,683 | €75,646 | -€15,037 | -16.6% |
| Furniture and vehicles | 24 | €30,687 | €25,150 | -€5,537 | -18.0% |
| Other tangible fixed assets | 26 | €83,699 | €70,504 | -€13,195 | -15.8% |
| Current assets | 29/58 | €25,727 | €21,478 | -€4,249 | -16.5% |
| Stocks and contracts in progress | 3 | €3,804 | €3,804 | = | 0.0% |
| Stocks | 30/36 | €3,804 | €3,804 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,034 | €9,030 | -€3,004 | -25.0% |
| Trade receivables | 40 | €8,831 | €6,821 | -€2,010 | -22.8% |
| Other amounts receivable | 41 | €3,203 | €2,209 | -€994 | -31.0% |
| Cash at bank and in hand | 54/58 | €9,888 | €8,644 | -€1,244 | -12.6% |
| Total equity and liabilities | 10/49 | €232,841 | €200,160 | -€32,681 | -14.0% |
| Equity | 10/15 | -€220,896 | -€242,055 | -€21,159 | -9.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €293 | €293 | = | 0.0% |
| Tax-exempt reserves | 132 | €293 | €293 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€239,789 | -€260,948 | -€21,159 | -8.8% |
| Amounts payable | 17/49 | €453,737 | €442,215 | -€11,522 | -2.5% |
| Amounts payable after more than one year | 17 | €202,933 | €186,914 | -€16,020 | -7.9% |
| Financial debts | 170/4 | €193,252 | €177,232 | -€16,020 | -8.3% |
| Trade debts | 175 | €9,682 | €9,682 | = | 0.0% |
| Amounts payable within one year | 42/48 | €250,154 | €254,651 | +€4,497 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €15,607 | €16,020 | +€412 | +2.6% |
| Trade debts | 44 | €44,341 | €19,627 | -€24,714 | -55.7% |
| Suppliers | 440/4 | €44,341 | €19,627 | -€24,714 | -55.7% |
| Taxes, remuneration and social security | 45 | €883 | €371 | -€512 | -58.0% |
| Taxes | 450/3 | €883 | €371 | -€512 | -58.0% |
| Other amounts payable | 47/48 | €189,323 | €218,634 | +€29,312 | +15.5% |
| Accrued charges and deferred income | 492/3 | €650 | €650 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,134 | €33,974 | -€32,160 | -48.6% |
| Other operating charges | 640/8 | €1,458 | €840 | -€618 | -42.4% |
| Gross operating margin | 9900 | -€1,876 | €17,394 | +€19,269 | |
| Operating profit (loss) | 9901 | -€69,468 | -€17,420 | +€52,048 | +74.9% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €3,583 | €3,739 | +€156 | +4.4% |
| Recurring financial charges | 65 | €3,583 | €3,739 | +€156 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | -€73,050 | -€21,159 | +€51,891 | +71.0% |
| Profit (loss) for the period | 9904 | -€73,050 | -€21,159 | +€51,891 | +71.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€73,050 | -€21,159 | +€51,891 | +71.0% |
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 24 October 2026 via checked.be.