HACKIN ELODIE: 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.
HACKIN ELODIE
Largest movements
- Intangible fixed assets -€23,750
down €23,750 (-16.0%), from €148,356 to €124,606
- Cash -€4,029
down €4,029 (-7.7%), from €52,405 to €48,376
mainly Other debts (-€23,990) and Debts after one year (-€16,358)
- Other debts -€23,990
down €23,990 (-32.8%), from €73,246 to €49,256
- Debts after one year -€16,358
down €16,358 (-40.2%), from €40,709 to €24,351
- Reserves +€11,689
up €11,689 (+15.9%), from €73,674 to €85,363
- Gross operating margin -€27,282
down €27,282 (-38.4%), from €71,003 to €43,721
- Taxes -€7,751
down €7,751 (-65.0%), from €11,922 to €4,171
- Financial charges -€724
down €724 (-18.5%), from €3,922 to €3,198
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 | €213,261 | €184,580 | -€28,681 | -13.4% |
| Fixed assets | 21/28 | €150,098 | €125,898 | -€24,200 | -16.1% |
| Intangible fixed assets | 21 | €148,356 | €124,606 | -€23,750 | -16.0% |
| Tangible fixed assets | 22/27 | €1,742 | €1,292 | -€450 | -25.8% |
| Plant, machinery and equipment | 23 | €1,742 | €1,292 | -€450 | -25.8% |
| Current assets | 29/58 | €63,163 | €58,682 | -€4,481 | -7.1% |
| Amounts receivable within one year | 40/41 | €10,758 | €10,306 | -€452 | -4.2% |
| Trade receivables | 40 | €9,680 | €10,306 | +€626 | +6.5% |
| Other amounts receivable | 41 | €1,078 | - | -€1,078 | |
| Cash at bank and in hand | 54/58 | €52,405 | €48,376 | -€4,029 | -7.7% |
| Total equity and liabilities | 10/49 | €213,261 | €184,580 | -€28,681 | -13.4% |
| Equity | 10/15 | €78,674 | €90,363 | +€11,689 | +14.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €73,674 | €85,363 | +€11,689 | +15.9% |
| Distributable reserves | 133 | €73,674 | €85,363 | +€11,689 | +15.9% |
| Amounts payable | 17/49 | €134,587 | €94,217 | -€40,370 | -30.0% |
| Amounts payable after more than one year | 17 | €40,709 | €24,351 | -€16,358 | -40.2% |
| Financial debts | 170/4 | €40,709 | €24,351 | -€16,358 | -40.2% |
| Amounts payable within one year | 42/48 | €93,878 | €69,866 | -€24,012 | -25.6% |
| Current portion of amounts payable after more than one year | 42 | €15,703 | €16,359 | +€656 | +4.2% |
| Trade debts | 44 | €1,816 | €86 | -€1,730 | -95.3% |
| Suppliers | 440/4 | €1,816 | €86 | -€1,730 | -95.3% |
| Taxes, remuneration and social security | 45 | €3,113 | €4,165 | +€1,052 | +33.8% |
| Taxes | 450/3 | €1,375 | €4,165 | +€2,790 | +202.9% |
| Remuneration and social security | 454/9 | €1,738 | - | -€1,738 | |
| Other amounts payable | 47/48 | €73,246 | €49,256 | -€23,990 | -32.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,200 | €24,200 | = | 0.0% |
| Other operating charges | 640/8 | €454 | €463 | +€9 | +2.0% |
| Gross operating margin | 9900 | €71,003 | €43,721 | -€27,282 | -38.4% |
| Operating profit (loss) | 9901 | €46,349 | €19,058 | -€27,291 | -58.9% |
| Financial income | 75/76B | €16 | - | -€16 | |
| Recurring financial income | 75 | €16 | - | -€16 | |
| Financial charges | 65/66B | €3,922 | €3,198 | -€724 | -18.5% |
| Recurring financial charges | 65 | €3,922 | €3,198 | -€724 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €42,443 | €15,860 | -€26,583 | -62.6% |
| Income taxes | 67/77 | €11,922 | €4,171 | -€7,751 | -65.0% |
| Profit (loss) for the period | 9904 | €30,521 | €11,689 | -€18,832 | -61.7% |
| Profit (loss) for the period to be appropriated | 9905 | €30,521 | €11,689 | -€18,832 | -61.7% |
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.