HACKIN CHRISTIAN: 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.
HACKIN CHRISTIAN
Largest movements
- Cash +€6,581
up €6,581 (+1,461%), from €450 to €7,031
mainly Other debts (+€19,228) and Depreciation (+€5,514)
- Receivables within one year -€3,504
down €3,504 (-61.4%), from €5,708 to €2,204
of which Other amounts receivable: -€2,251
- Tangible fixed assets +€2,486
up €2,486 (+21.3%), from €11,660 to €14,145
- Deferred charges and accrued income +€386
up €386 (+106%), from €364 to €750
- Other debts +€19,228
up €19,228 (+61.1%), from €31,491 to €50,718
- Profit (loss) carried forward -€10,446
down €10,446 (-20.5%), from -€50,834 to -€61,280
- Trade debts -€2,024
no longer reported in 2025 (was €2,024)
- Accrued charges and deferred income -€742
no longer reported in 2025 (was €742)
- Gross operating margin -€7,709
down €7,709, from €4,971 to -€2,738
- Depreciation +€2,174
up €2,174 (+65.1%), from €3,340 to €5,514
- Other operating charges +€83
up €83 (+29.1%), from €285 to €368
- Financial charges -€58
down €58 (-30.8%), from €187 to €129
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 | €18,182 | €24,130 | +€5,948 | +32.7% |
| Fixed assets | 21/28 | €11,660 | €14,145 | +€2,486 | +21.3% |
| Tangible fixed assets | 22/27 | €11,660 | €14,145 | +€2,486 | +21.3% |
| Furniture and vehicles | 24 | €11,660 | €14,145 | +€2,486 | +21.3% |
| Current assets | 29/58 | €6,522 | €9,985 | +€3,463 | +53.1% |
| Amounts receivable within one year | 40/41 | €5,708 | €2,204 | -€3,504 | -61.4% |
| Trade receivables | 40 | €3,457 | €2,204 | -€1,253 | -36.3% |
| Other amounts receivable | 41 | €2,251 | - | -€2,251 | |
| Cash at bank and in hand | 54/58 | €450 | €7,031 | +€6,581 | +1,461% |
| Deferred charges and accrued income | 490/1 | €364 | €750 | +€386 | +106% |
| Total equity and liabilities | 10/49 | €18,182 | €24,130 | +€5,948 | +32.7% |
| Equity | 10/15 | -€16,748 | -€27,194 | -€10,446 | -62.4% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €3,099 | €3,099 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,099 | €3,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,834 | -€61,280 | -€10,446 | -20.5% |
| Amounts payable | 17/49 | €34,930 | €51,325 | +€16,395 | +46.9% |
| Amounts payable within one year | 42/48 | €34,188 | €51,325 | +€17,136 | +50.1% |
| Trade debts | 44 | €2,024 | - | -€2,024 | |
| Suppliers | 440/4 | €2,024 | - | -€2,024 | |
| Taxes, remuneration and social security | 45 | €674 | €606 | -€68 | -10.0% |
| Taxes | 450/3 | €674 | €606 | -€68 | -10.0% |
| Other amounts payable | 47/48 | €31,491 | €50,718 | +€19,228 | +61.1% |
| Accrued charges and deferred income | 492/3 | €742 | - | -€742 | |
| Non-recurring operating income | 76A | €9,300 | - | -€9,300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,340 | €5,514 | +€2,174 | +65.1% |
| Other operating charges | 640/8 | €285 | €368 | +€83 | +29.1% |
| Gross operating margin | 9900 | €4,971 | -€2,738 | -€7,709 | |
| Operating profit (loss) | 9901 | €1,346 | -€8,621 | -€9,966 | |
| Financial charges | 65/66B | €187 | €129 | -€58 | -30.8% |
| Recurring financial charges | 65 | €187 | €129 | -€58 | -30.8% |
| Profit (loss) for the period before taxes | 9903 | €1,159 | -€8,750 | -€9,909 | |
| Profit (loss) for the period | 9904 | €1,159 | -€8,750 | -€9,909 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,159 | -€8,750 | -€9,909 |
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 26 October 2026 via checked.be.