H&K ELECTROBUILD: 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.
H&K ELECTROBUILD
Largest movements
- Cash -€8,254
down €8,254 (-17.1%), from €48,184 to €39,930
mainly Receivables within one year (-€8,059) and Tax, wage and social debts (-€3,466)
- Receivables within one year +€8,059
up €8,059 (+72.5%), from €11,118 to €19,177
of which Other amounts receivable: +€10,526
- Profit (loss) carried forward +€6,867
up €6,867 (+18.2%), from €37,658 to €44,524
- Tax, wage and social debts -€3,466
down €3,466 (-35.1%), from €9,871 to €6,405
- Other debts -€2,885
no longer reported in 2025 (was €2,885)
- Gross operating margin -€14,691
down €14,691 (-62.4%), from €23,556 to €8,865
- Taxes -€2,948
down €2,948 (-63.0%), from €4,677 to €1,729
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 | €59,302 | €59,107 | -€195 | -0.3% |
| Current assets | 29/58 | €59,302 | €59,107 | -€195 | -0.3% |
| Amounts receivable within one year | 40/41 | €11,118 | €19,177 | +€8,059 | +72.5% |
| Trade receivables | 40 | €8,569 | €6,102 | -€2,467 | -28.8% |
| Other amounts receivable | 41 | €2,550 | €13,076 | +€10,526 | +413% |
| Cash at bank and in hand | 54/58 | €48,184 | €39,930 | -€8,254 | -17.1% |
| Total equity and liabilities | 10/49 | €59,302 | €59,107 | -€195 | -0.3% |
| Equity | 10/15 | €38,763 | €45,630 | +€6,867 | +17.7% |
| Contributions | 10/11 | €1,005 | €1,005 | = | 0.0% |
| Capital | 10 | €1,005 | €1,005 | = | 0.0% |
| Issued capital | 100 | €1,005 | €1,005 | = | 0.0% |
| Reserves | 13 | €101 | €101 | = | 0.0% |
| Non-distributable reserves | 130/1 | €101 | €101 | = | 0.0% |
| Legal reserve | 130 | €101 | €101 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,658 | €44,524 | +€6,867 | +18.2% |
| Amounts payable | 17/49 | €20,539 | €13,477 | -€7,062 | -34.4% |
| Amounts payable within one year | 42/48 | €20,539 | €13,477 | -€7,062 | -34.4% |
| Trade debts | 44 | €7,380 | €7,072 | -€308 | -4.2% |
| Suppliers | 440/4 | €7,380 | €7,072 | -€308 | -4.2% |
| Advances received on contracts in progress | 46 | €403 | - | -€403 | |
| Taxes, remuneration and social security | 45 | €9,871 | €6,405 | -€3,466 | -35.1% |
| Taxes | 450/3 | €9,871 | €6,405 | -€3,466 | -35.1% |
| Other amounts payable | 47/48 | €2,885 | - | -€2,885 | |
| Other operating charges | 640/8 | €64 | €66 | +€2 | +3.0% |
| Gross operating margin | 9900 | €23,556 | €8,865 | -€14,691 | -62.4% |
| Operating profit (loss) | 9901 | €23,493 | €8,800 | -€14,693 | -62.5% |
| Financial income | 75/76B | €0 | €1 | +€1 | +491% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +491% |
| Financial charges | 65/66B | €374 | €205 | -€169 | -45.2% |
| Recurring financial charges | 65 | €374 | €205 | -€169 | -45.2% |
| Profit (loss) for the period before taxes | 9903 | €23,119 | €8,595 | -€14,523 | -62.8% |
| Income taxes | 67/77 | €4,677 | €1,729 | -€2,948 | -63.0% |
| Profit (loss) for the period | 9904 | €18,442 | €6,867 | -€11,575 | -62.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,442 | €6,867 | -€11,575 | -62.8% |
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 15 October 2026 via checked.be.