HAKA: 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.
HAKA
Largest movements
- Receivables within one year -€2,725
no longer reported in 2025 (was €2,725)
- Cash +€1,790
up €1,790 (+25.0%), from €7,170 to €8,960
mainly Trade debts (+€5,398) and Receivables within one year (+€2,725)
- Stocks and contracts -€452
down €452 (-5.7%), from €7,941 to €7,490
- Deferred charges and accrued income +€194
new in 2025: €194
- Trade debts +€5,398
up €5,398 (+53.4%), from €10,112 to €15,511
- Tax, wage and social debts -€4,391
down €4,391 (-20.5%), from €21,439 to €17,048
of which Remuneration and social security: -€7,116
- Profit (loss) carried forward -€1,749
down €1,749 (-3.9%), from -€45,107 to -€46,856
- Other debts -€451
down €451 (-4.7%), from €9,532 to €9,082
- Staff costs -€10,374
down €10,374 (-34.2%), from €30,345 to €19,971
- Gross operating margin -€1,330
down €1,330 (-6.0%), from €22,054 to €20,724
- Other operating charges -€983
down €983 (-41.2%), from €2,383 to €1,401
- Financial charges +€841
up €841 (+275.7%), from €305 to €1,146
- Depreciation -€328
no longer reported in 2025 (was €328)
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 | €17,836 | €16,643 | -€1,193 | -6.7% |
| Current assets | 29/58 | €17,836 | €16,643 | -€1,193 | -6.7% |
| Stocks and contracts in progress | 3 | €7,941 | €7,490 | -€452 | -5.7% |
| Stocks | 30/36 | €7,941 | €7,490 | -€452 | -5.7% |
| Amounts receivable within one year | 40/41 | €2,725 | - | -€2,725 | |
| Trade receivables | 40 | €2,725 | - | -€2,725 | |
| Cash at bank and in hand | 54/58 | €7,170 | €8,960 | +€1,790 | +25.0% |
| Deferred charges and accrued income | 490/1 | - | €194 | +€194 | |
| Total equity and liabilities | 10/49 | €17,836 | €16,643 | -€1,193 | -6.7% |
| Equity | 10/15 | -€23,247 | -€24,996 | -€1,749 | -7.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,107 | -€46,856 | -€1,749 | -3.9% |
| Amounts payable | 17/49 | €41,083 | €41,640 | +€557 | +1.4% |
| Amounts payable within one year | 42/48 | €41,083 | €41,640 | +€557 | +1.4% |
| Trade debts | 44 | €10,112 | €15,511 | +€5,398 | +53.4% |
| Suppliers | 440/4 | €10,112 | €15,511 | +€5,398 | +53.4% |
| Taxes, remuneration and social security | 45 | €21,439 | €17,048 | -€4,391 | -20.5% |
| Taxes | 450/3 | €14,322 | €17,048 | +€2,725 | +19.0% |
| Remuneration and social security | 454/9 | €7,116 | - | -€7,116 | |
| Other amounts payable | 47/48 | €9,532 | €9,082 | -€451 | -4.7% |
| Remuneration, social security and pensions | 62 | €30,345 | €19,971 | -€10,374 | -34.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €328 | - | -€328 | |
| Other operating charges | 640/8 | €2,383 | €1,401 | -€983 | -41.2% |
| Gross operating margin | 9900 | €22,054 | €20,724 | -€1,330 | -6.0% |
| Operating profit (loss) | 9901 | -€11,002 | -€647 | +€10,355 | +94.1% |
| Financial income | 75/76B | €0 | €44 | +€44 | +62400.0% |
| Recurring financial income | 75 | €0 | €44 | +€44 | +62400.0% |
| Financial charges | 65/66B | €305 | €1,146 | +€841 | +275.7% |
| Recurring financial charges | 65 | €305 | €1,146 | +€841 | +275.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,307 | -€1,749 | +€9,558 | +84.5% |
| Profit (loss) for the period | 9904 | -€11,307 | -€1,749 | +€9,558 | +84.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,307 | -€1,749 | +€9,558 | +84.5% |
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 11 October 2026 via checked.be.