HackZero: 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.
HackZero
Largest movements
- Current investments +€32,000
new in 2025: €32,000
- Receivables within one year +€15,600
up €15,600 (+97.2%), from €16,045 to €31,644
of which Other amounts receivable: +€12,768
- Cash -€4,396
down €4,396 (-12.4%), from €35,480 to €31,083
mainly Current investments (-€32,000) and Receivables within one year (-€15,600)
- Deferred charges and accrued income -€2,876
down €2,876 (-19.9%), from €14,437 to €11,562
- Tangible fixed assets -€1,417
down €1,417 (-5.7%), from €24,750 to €23,332
of which Furniture and vehicles: -€5,580
- Profit (loss) carried forward +€32,804
up €32,804 (+40.8%), from €80,400 to €113,204
- Tax, wage and social debts +€4,580
up €4,580 (+53.2%), from €8,603 to €13,183
of which Taxes: +€13,183
- Trade debts +€1,735
up €1,735 (+229.0%), from €758 to €2,493
- Gross operating margin -€14,786
down €14,786 (-22.7%), from €65,196 to €50,410
- Depreciation +€3,836
up €3,836 (+126.1%), from €3,042 to €6,878
- Taxes -€3,426
down €3,426 (-27.5%), from €12,477 to €9,051
- Financial charges -€1,092
down €1,092 (-33.0%), from €3,309 to €2,217
- Financial income +€743
new in 2025: €743
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 | €90,936 | €129,847 | +€38,910 | +42.8% |
| Fixed assets | 21/28 | €24,975 | €23,557 | -€1,417 | -5.7% |
| Tangible fixed assets | 22/27 | €24,750 | €23,332 | -€1,417 | -5.7% |
| Land and buildings | 22 | - | €1,112 | +€1,112 | |
| Plant, machinery and equipment | 23 | - | €3,051 | +€3,051 | |
| Furniture and vehicles | 24 | €24,750 | €19,169 | -€5,580 | -22.5% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €65,962 | €106,289 | +€40,328 | +61.1% |
| Amounts receivable within one year | 40/41 | €16,045 | €31,644 | +€15,600 | +97.2% |
| Trade receivables | 40 | €16,045 | €18,876 | +€2,831 | +17.6% |
| Other amounts receivable | 41 | - | €12,768 | +€12,768 | |
| Current investments | 50/53 | - | €32,000 | +€32,000 | |
| Cash at bank and in hand | 54/58 | €35,480 | €31,083 | -€4,396 | -12.4% |
| Deferred charges and accrued income | 490/1 | €14,437 | €11,562 | -€2,876 | -19.9% |
| Total equity and liabilities | 10/49 | €90,936 | €129,847 | +€38,910 | +42.8% |
| Equity | 10/15 | €81,300 | €114,104 | +€32,804 | +40.3% |
| Contributions | 10/11 | €900 | €900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,400 | €113,204 | +€32,804 | +40.8% |
| Amounts payable | 17/49 | €9,637 | €15,743 | +€6,106 | +63.4% |
| Amounts payable within one year | 42/48 | €9,571 | €15,676 | +€6,105 | +63.8% |
| Trade debts | 44 | €758 | €2,493 | +€1,735 | +229.0% |
| Suppliers | 440/4 | €758 | €2,493 | +€1,735 | +229.0% |
| Taxes, remuneration and social security | 45 | €8,603 | €13,183 | +€4,580 | +53.2% |
| Taxes | 450/3 | - | €13,183 | +€13,183 | |
| Remuneration and social security | 454/9 | €8,603 | - | -€8,603 | |
| Other amounts payable | 47/48 | €211 | - | -€211 | |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,042 | €6,878 | +€3,836 | +126.1% |
| Other operating charges | 640/8 | €97 | €202 | +€105 | +107.7% |
| Gross operating margin | 9900 | €65,196 | €50,410 | -€14,786 | -22.7% |
| Operating profit (loss) | 9901 | €62,057 | €43,330 | -€18,727 | -30.2% |
| Financial income | 75/76B | - | €743 | +€743 | |
| Recurring financial income | 75 | - | €743 | +€743 | |
| Financial charges | 65/66B | €3,309 | €2,217 | -€1,092 | -33.0% |
| Recurring financial charges | 65 | €3,309 | €2,217 | -€1,092 | -33.0% |
| Profit (loss) for the period before taxes | 9903 | €58,748 | €41,855 | -€16,892 | -28.8% |
| Income taxes | 67/77 | €12,477 | €9,051 | -€3,426 | -27.5% |
| Profit (loss) for the period | 9904 | €46,271 | €32,804 | -€13,466 | -29.1% |
| Profit (loss) for the period to be appropriated | 9905 | €46,271 | €32,804 | -€13,466 | -29.1% |
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 10 October 2026 via checked.be.