HACI OGLU: 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.
HACI OGLU
Largest movements
- Tangible fixed assets -€23,551
down €23,551 (-41.3%), from €57,022 to €33,470
of which Furniture and vehicles: -€18,618
- Stocks and contracts +€20,500
up €20,500 (+26.5%), from €77,400 to €97,900
- Cash -€11,281
down €11,281 (-62.4%), from €18,081 to €6,800
mainly Stocks and contracts (-€20,500) and Trade debts (-€17,585)
- Receivables within one year +€1,927
up €1,927 (+58.2%), from €3,308 to €5,234
of which Trade receivables: +€3,563
- Trade debts -€17,585
down €17,585 (-27.3%), from €64,443 to €46,859
- Profit (loss) carried forward -€16,522
down €16,522 (-44.7%), from €36,964 to €20,443
- Debts after one year +€11,952
up €11,952 (+54.3%), from €22,016 to €33,968
- Current portion of long-term debt +€6,851
up €6,851 (+69.2%), from €9,904 to €16,754
- Other debts +€3,677
up €3,677 (+16943.1%), from €22 to €3,698
- Gross operating margin +€10,857
up €10,857 (+43.6%), from €24,894 to €35,751
- Depreciation +€10,832
up €10,832 (+85.2%), from €12,719 to €23,551
- Other operating charges +€6,942
up €6,942 (+499.3%), from €1,390 to €8,333
- Taxes +€1,172
up €1,172 (+183.7%), from €638 to €1,809
- Financial charges -€1,120
down €1,120 (-31.4%), from €3,564 to €2,444
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 | €160,032 | €147,626 | -€12,406 | -7.8% |
| Fixed assets | 21/28 | €61,243 | €37,692 | -€23,551 | -38.5% |
| Tangible fixed assets | 22/27 | €57,022 | €33,470 | -€23,551 | -41.3% |
| Plant, machinery and equipment | 23 | €9,889 | €6,936 | -€2,953 | -29.9% |
| Furniture and vehicles | 24 | €43,338 | €24,719 | -€18,618 | -43.0% |
| Other tangible fixed assets | 26 | €3,795 | €1,815 | -€1,980 | -52.2% |
| Financial fixed assets | 28 | €4,221 | €4,221 | = | 0.0% |
| Current assets | 29/58 | €98,789 | €109,934 | +€11,146 | +11.3% |
| Stocks and contracts in progress | 3 | €77,400 | €97,900 | +€20,500 | +26.5% |
| Stocks | 30/36 | €77,400 | €97,900 | +€20,500 | +26.5% |
| Amounts receivable within one year | 40/41 | €3,308 | €5,234 | +€1,927 | +58.2% |
| Trade receivables | 40 | - | €3,563 | +€3,563 | |
| Other amounts receivable | 41 | €3,308 | €1,672 | -€1,636 | -49.5% |
| Cash at bank and in hand | 54/58 | €18,081 | €6,800 | -€11,281 | -62.4% |
| Total equity and liabilities | 10/49 | €160,032 | €147,626 | -€12,406 | -7.8% |
| Equity | 10/15 | €57,415 | €40,894 | -€16,522 | -28.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,964 | €20,443 | -€16,522 | -44.7% |
| Amounts payable | 17/49 | €102,616 | €106,732 | +€4,116 | +4.0% |
| Amounts payable after more than one year | 17 | €22,016 | €33,968 | +€11,952 | +54.3% |
| Financial debts | 170/4 | €22,016 | €33,968 | +€11,952 | +54.3% |
| Amounts payable within one year | 42/48 | €80,600 | €72,764 | -€7,836 | -9.7% |
| Current portion of amounts payable after more than one year | 42 | €9,904 | €16,754 | +€6,851 | +69.2% |
| Trade debts | 44 | €64,443 | €46,859 | -€17,585 | -27.3% |
| Suppliers | 440/4 | €64,443 | €46,859 | -€17,585 | -27.3% |
| Taxes, remuneration and social security | 45 | €6,231 | €5,453 | -€778 | -12.5% |
| Taxes | 450/3 | €6,231 | €5,453 | -€778 | -12.5% |
| Other amounts payable | 47/48 | €22 | €3,698 | +€3,677 | +16943.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,719 | €23,551 | +€10,832 | +85.2% |
| Other operating charges | 640/8 | €1,390 | €8,333 | +€6,942 | +499.3% |
| Non-recurring operating charges | 66A | - | €16,168 | +€16,168 | |
| Gross operating margin | 9900 | €24,894 | €35,751 | +€10,857 | +43.6% |
| Operating profit (loss) | 9901 | €10,785 | -€12,301 | -€23,086 | |
| Financial income | 75/76B | €0 | €33 | +€33 | +15609.5% |
| Recurring financial income | 75 | €0 | €33 | +€33 | +15609.5% |
| Financial charges | 65/66B | €3,564 | €2,444 | -€1,120 | -31.4% |
| Recurring financial charges | 65 | €3,564 | €2,444 | -€1,120 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | €7,221 | -€14,712 | -€21,933 | |
| Income taxes | 67/77 | €638 | €1,809 | +€1,172 | +183.7% |
| Profit (loss) for the period | 9904 | €6,584 | -€16,522 | -€23,105 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,584 | -€16,522 | -€23,105 |
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 8 October 2026 via checked.be.