HACHIKO: 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.
HACHIKO
Largest movements
- Cash +€638,513
up €638,513 (+38.1%), from €1.7m to €2.3m
mainly Net result for the year (+€1.4m) and Depreciation (+€11,705)
- Current investments +€445,883
new in 2025: €445,883
- Stocks and contracts +€137,500
up €137,500 (+48.7%), from €282,500 to €420,000
- Receivables within one year +€118,544
up €118,544 (+714.8%), from €16,584 to €135,129
of which Trade receivables: +€115,948
- Profit (loss) carried forward +€1.4m
up €1.4m (+29.6%), from €4.6m to €5.9m
- Gross operating margin +€1.2m
up €1.2m (+152.6%), from €787,856 to €2.0m
- Staff costs +€38,394
up €38,394 (+6.6%), from €585,109 to €623,503
- Other operating charges -€33,962
down €33,962 (-66.8%), from €50,812 to €16,850
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 | €4,677,337 | €6,028,279 | +€1.4m | +28.9% |
| Fixed assets | 21/28 | €2,684,085 | €2,691,347 | +€7,261 | +0.3% |
| Tangible fixed assets | 22/27 | €2,684,085 | €2,691,347 | +€7,261 | +0.3% |
| Land and buildings | 22 | €2,651,113 | €2,651,113 | = | 0.0% |
| Plant, machinery and equipment | 23 | - | €14,387 | +€14,387 | |
| Furniture and vehicles | 24 | €32,972 | €25,847 | -€7,126 | -21.6% |
| Current assets | 29/58 | €1,993,252 | €3,336,932 | +€1.3m | +67.4% |
| Stocks and contracts in progress | 3 | €282,500 | €420,000 | +€137,500 | +48.7% |
| Stocks | 30/36 | €282,500 | €420,000 | +€137,500 | +48.7% |
| Amounts receivable within one year | 40/41 | €16,584 | €135,129 | +€118,544 | +714.8% |
| Trade receivables | 40 | €10,902 | €126,851 | +€115,948 | +1063.5% |
| Other amounts receivable | 41 | €5,682 | €8,278 | +€2,596 | +45.7% |
| Current investments | 50/53 | - | €445,883 | +€445,883 | |
| Cash at bank and in hand | 54/58 | €1,675,666 | €2,314,179 | +€638,513 | +38.1% |
| Deferred charges and accrued income | 490/1 | €18,501 | €21,741 | +€3,240 | +17.5% |
| Total equity and liabilities | 10/49 | €4,677,337 | €6,028,279 | +€1.4m | +28.9% |
| Equity | 10/15 | €4,559,696 | €5,911,245 | +€1.4m | +29.6% |
| Profit (loss) carried forward | 14 | €4,559,696 | €5,911,245 | +€1.4m | +29.6% |
| Amounts payable | 17/49 | €117,641 | €117,034 | -€607 | -0.5% |
| Amounts payable within one year | 42/48 | €117,341 | €117,034 | -€307 | -0.3% |
| Trade debts | 44 | €47,113 | €46,407 | -€706 | -1.5% |
| Suppliers | 440/4 | €47,113 | €46,407 | -€706 | -1.5% |
| Taxes, remuneration and social security | 45 | €70,228 | €70,627 | +€399 | +0.6% |
| Taxes | 450/3 | €5,338 | €0 | -€5,338 | -100.0% |
| Remuneration and social security | 454/9 | €64,890 | €70,627 | +€5,737 | +8.8% |
| Accrued charges and deferred income | 492/3 | €300 | €0 | -€300 | -100.0% |
| Non-recurring operating income | 76A | €40,000 | €8,000 | -€32,000 | -80.0% |
| Remuneration, social security and pensions | 62 | €585,109 | €623,503 | +€38,394 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,267 | €11,705 | +€1,438 | +14.0% |
| Other operating charges | 640/8 | €50,812 | €16,850 | -€33,962 | -66.8% |
| Gross operating margin | 9900 | €787,856 | €1,989,805 | +€1.2m | +152.6% |
| Operating profit (loss) | 9901 | €141,669 | €1,337,748 | +€1.2m | +844.3% |
| Financial income | 75/76B | €25,531 | €17,725 | -€7,806 | -30.6% |
| Recurring financial income | 75 | €25,531 | €17,725 | -€7,806 | -30.6% |
| Financial charges | 65/66B | €2,474 | €2,586 | +€112 | +4.5% |
| Recurring financial charges | 65 | €2,474 | €2,586 | +€112 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | €164,726 | €1,352,887 | +€1.2m | +721.3% |
| Income taxes | 67/77 | €82 | €1,339 | +€1,257 | +1533.5% |
| Profit (loss) for the period | 9904 | €164,644 | €1,351,548 | +€1.2m | +720.9% |
| Profit (loss) for the period to be appropriated | 9905 | €164,644 | €1,351,548 | +€1.2m | +720.9% |
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 30 September 2026 via checked.be.