HAKKO & Co: 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.
HAKKO & Co
Largest movements
- Cash -€29,135
down €29,135 (-57.1%), from €51,010 to €21,875
mainly Debts after one year (-€20,405) and Net result for the year (-€15,274)
- Tangible fixed assets -€25,024
down €25,024 (-25.5%), from €98,116 to €73,092
- Stocks and contracts +€2,700
up €2,700 (+263%), from €1,026 to €3,727
- Debts after one year -€20,405
down €20,405 (-82.7%), from €24,676 to €4,271
- Profit (loss) carried forward -€15,274
down €15,274 (-53.5%), from €28,557 to €13,283
- Other debts -€14,288
down €14,288 (-41.9%), from €34,102 to €19,814
- Trade debts -€12,196
down €12,196 (-58.9%), from €20,705 to €8,509
- Tax, wage and social debts +€7,341
up €7,341 (+71.4%), from €10,284 to €17,625
of which Remuneration and social security: +€6,997
- Staff costs +€23,076
new in 2025: €23,076
- Gross operating margin -€9,055
down €9,055 (-15.2%), from €59,696 to €50,641
- Financial charges +€6,865
up €6,865 (+144%), from €4,769 to €11,634
- Taxes -€5,087
down €5,087 (-78.9%), from €6,451 to €1,364
- Other operating charges +€3,275
up €3,275 (+106%), from €3,088 to €6,363
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 | €163,213 | €112,661 | -€50,553 | -31.0% |
| Fixed assets | 21/28 | €110,116 | €85,092 | -€25,024 | -22.7% |
| Tangible fixed assets | 22/27 | €98,116 | €73,092 | -€25,024 | -25.5% |
| Furniture and vehicles | 24 | €34,045 | €25,566 | -€8,479 | -24.9% |
| Leasing and similar rights | 25 | €34,427 | €22,227 | -€12,200 | -35.4% |
| Other tangible fixed assets | 26 | €29,643 | €25,298 | -€4,345 | -14.7% |
| Financial fixed assets | 28 | €12,000 | €12,000 | = | 0.0% |
| Current assets | 29/58 | €53,097 | €27,569 | -€25,528 | -48.1% |
| Stocks and contracts in progress | 3 | €1,026 | €3,727 | +€2,700 | +263% |
| Stocks | 30/36 | €1,026 | €3,727 | +€2,700 | +263% |
| Amounts receivable within one year | 40/41 | €1,061 | €1,333 | +€272 | +25.6% |
| Trade receivables | 40 | €1,061 | €1,233 | +€173 | +16.3% |
| Other amounts receivable | 41 | - | €99 | +€99 | |
| Cash at bank and in hand | 54/58 | €51,010 | €21,875 | -€29,135 | -57.1% |
| Deferred charges and accrued income | 490/1 | - | €635 | +€635 | |
| Total equity and liabilities | 10/49 | €163,213 | €112,661 | -€50,553 | -31.0% |
| Equity | 10/15 | €61,268 | €44,256 | -€17,013 | -27.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,557 | €13,283 | -€15,274 | -53.5% |
| Investment grants | 15 | €12,711 | €10,973 | -€1,738 | -13.7% |
| Provisions and deferred taxes | 16 | €4,237 | €3,658 | -€579 | -13.7% |
| Deferred taxes | 168 | €4,237 | €3,658 | -€579 | -13.7% |
| Amounts payable | 17/49 | €97,708 | €64,747 | -€32,961 | -33.7% |
| Amounts payable after more than one year | 17 | €24,676 | €4,271 | -€20,405 | -82.7% |
| Financial debts | 170/4 | €24,676 | €4,271 | -€20,405 | -82.7% |
| Amounts payable within one year | 42/48 | €73,032 | €60,475 | -€12,556 | -17.2% |
| Current portion of amounts payable after more than one year | 42 | €7,941 | €14,527 | +€6,586 | +82.9% |
| Trade debts | 44 | €20,705 | €8,509 | -€12,196 | -58.9% |
| Suppliers | 440/4 | €20,705 | €8,509 | -€12,196 | -58.9% |
| Taxes, remuneration and social security | 45 | €10,284 | €17,625 | +€7,341 | +71.4% |
| Taxes | 450/3 | €7,338 | €7,682 | +€344 | +4.7% |
| Remuneration and social security | 454/9 | €2,946 | €9,943 | +€6,997 | +238% |
| Other amounts payable | 47/48 | €34,102 | €19,814 | -€14,288 | -41.9% |
| Remuneration, social security and pensions | 62 | - | €23,076 | +€23,076 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,051 | €26,757 | +€706 | +2.7% |
| Other operating charges | 640/8 | €3,088 | €6,363 | +€3,275 | +106% |
| Gross operating margin | 9900 | €59,696 | €50,641 | -€9,055 | -15.2% |
| Operating profit (loss) | 9901 | €30,556 | -€5,555 | -€36,111 | |
| Financial income | 75/76B | €1,738 | €2,700 | +€962 | +55.3% |
| Recurring financial income | 75 | €1,738 | €2,700 | +€962 | +55.3% |
| Financial charges | 65/66B | €4,769 | €11,634 | +€6,865 | +144% |
| Recurring financial charges | 65 | €4,769 | €11,634 | +€6,865 | +144% |
| Profit (loss) for the period before taxes | 9903 | €27,525 | -€14,490 | -€42,015 | |
| Transfer from deferred taxes | 780 | €579 | €579 | = | 0.0% |
| Income taxes | 67/77 | €6,451 | €1,364 | -€5,087 | -78.9% |
| Profit (loss) for the period | 9904 | €21,654 | -€15,274 | -€36,928 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,654 | -€15,274 | -€36,928 |
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 20 October 2026 via checked.be.