THE HATCH: 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.
THE HATCH
Largest movements
- Stocks and contracts +€1.1m
up €1.1m, from €0 to €1.1m
- Tangible fixed assets -€661,189
down €661,189 (-100%), from €661,189 to €0
- Receivables within one year +€103,433
up €103,433 (+895%), from €11,551 to €114,984
of which Other amounts receivable: +€64,270
- Contributions +€543,000
up €543,000 (+418%), from €130,000 to €673,000
- Accrued charges and deferred income +€45,921
up €45,921 (+64.6%), from €71,102 to €117,023
- Goods and materials +€407,768
up €407,768 (+1,172%), from €34,779 to €442,548
- Services and other goods +€49,342
up €49,342 (+1,794%), from €2,751 to €52,093
- Other operating income +€49,194
new in 2025: €49,194
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 | €694,944 | €1,285,030 | +€590,086 | +84.9% |
| Fixed assets | 21/28 | €661,189 | €0 | -€661,189 | -100% |
| Tangible fixed assets | 22/27 | €661,189 | €0 | -€661,189 | -100% |
| Assets under construction and advance payments | 27 | €661,189 | €0 | -€661,189 | -100% |
| Current assets | 29/58 | €33,755 | €1,285,030 | +€1.3m | +3,707% |
| Stocks and contracts in progress | 3 | €0 | €1,149,658 | +€1.1m | |
| Stocks | 30/36 | - | €1,149,658 | +€1.1m | |
| Property held for sale | 35 | - | €1,149,658 | +€1.1m | |
| Amounts receivable within one year | 40/41 | €11,551 | €114,984 | +€103,433 | +895% |
| Trade receivables | 40 | €10,000 | €49,163 | +€39,163 | +392% |
| Other amounts receivable | 41 | €1,551 | €65,821 | +€64,270 | +4,143% |
| Cash at bank and in hand | 54/58 | €631 | €1,359 | +€728 | +115% |
| Deferred charges and accrued income | 490/1 | €21,573 | €19,029 | -€2,544 | -11.8% |
| Total equity and liabilities | 10/49 | €694,944 | €1,285,030 | +€590,086 | +84.9% |
| Equity | 10/15 | €115,898 | €655,821 | +€539,923 | +466% |
| Contributions | 10/11 | €130,000 | €673,000 | +€543,000 | +418% |
| Profit (loss) carried forward | 14 | -€14,102 | -€17,179 | -€3,077 | -21.8% |
| Amounts payable | 17/49 | €579,046 | €629,209 | +€50,163 | +8.7% |
| Amounts payable after more than one year | 17 | €504,500 | €504,500 | = | 0.0% |
| Financial debts | 170/4 | €504,500 | €504,500 | = | 0.0% |
| Other loans | 174 | €504,500 | €504,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,444 | €7,686 | +€4,242 | +123% |
| Trade debts | 44 | €3,444 | €7,686 | +€4,242 | +123% |
| Suppliers | 440/4 | €3,444 | €7,686 | +€4,242 | +123% |
| Accrued charges and deferred income | 492/3 | €71,102 | €117,023 | +€45,921 | +64.6% |
| Operating income | 70/76A | €34,779 | €491,741 | +€456,962 | +1,314% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | - | €442,548 | +€442,548 | |
| Own construction capitalised | 72 | €34,779 | €0 | -€34,779 | -100% |
| Other operating income | 74 | - | €49,194 | +€49,194 | |
| Operating charges | 60/66A | €38,342 | €494,641 | +€456,299 | +1,190% |
| Goods for resale, raw materials and consumables | 60 | €34,779 | €442,548 | +€407,768 | +1,172% |
| Purchases | 600/8 | €34,779 | €442,548 | +€407,768 | +1,172% |
| Services and other goods | 61 | €2,751 | €52,093 | +€49,342 | +1,794% |
| Other operating charges | 640/8 | €812 | €0 | -€812 | -100% |
| Operating profit (loss) | 9901 | -€3,562 | -€2,899 | +€663 | +18.6% |
| Financial charges | 65/66B | €176 | €178 | +€1 | +0.8% |
| Recurring financial charges | 65 | €176 | €178 | +€1 | +0.8% |
| Other financial charges | 652/9 | €176 | €178 | +€1 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,739 | -€3,077 | +€662 | +17.7% |
| Profit (loss) for the period | 9904 | -€3,739 | -€3,077 | +€662 | +17.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,739 | -€3,077 | +€662 | +17.7% |
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 17 October 2026 via checked.be.