HAKUNA MATATA: 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.
HAKUNA MATATA
Largest movements
- Cash -€112,029
down €112,029 (-92.8%), from €120,660 to €8,631
mainly Net result for the year (-€106,132) and Trade debts (-€101,238)
- Receivables within one year -€50,865
down €50,865 (-40.5%), from €125,607 to €74,742
of which Trade receivables: -€55,671
- Tangible fixed assets -€3,680
down €3,680 (-13.5%), from €27,173 to €23,494
of which Furniture and vehicles: -€2,480
- Profit (loss) carried forward -€106,132
down €106,132, from €54,689 to -€51,443
- Trade debts -€101,238
down €101,238 (-62.2%), from €162,837 to €61,599
- Other debts +€43,327
up €43,327 (+267.8%), from €16,177 to €59,504
- Gross operating margin -€178,051
down €178,051, from €88,889 to -€89,162
- Taxes -€21,647
down €21,647 (-72.6%), from €29,817 to €8,170
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 | €273,440 | €108,458 | -€164,982 | -60.3% |
| Fixed assets | 21/28 | €27,173 | €23,494 | -€3,680 | -13.5% |
| Tangible fixed assets | 22/27 | €27,173 | €23,494 | -€3,680 | -13.5% |
| Furniture and vehicles | 24 | €16,472 | €13,992 | -€2,480 | -15.1% |
| Other tangible fixed assets | 26 | €10,701 | €9,501 | -€1,200 | -11.2% |
| Current assets | 29/58 | €246,267 | €84,965 | -€161,302 | -65.5% |
| Amounts receivable within one year | 40/41 | €125,607 | €74,742 | -€50,865 | -40.5% |
| Trade receivables | 40 | €125,607 | €69,936 | -€55,671 | -44.3% |
| Other amounts receivable | 41 | - | €4,806 | +€4,806 | |
| Cash at bank and in hand | 54/58 | €120,660 | €8,631 | -€112,029 | -92.8% |
| Deferred charges and accrued income | 490/1 | - | €1,592 | +€1,592 | |
| Total equity and liabilities | 10/49 | €273,440 | €108,458 | -€164,982 | -60.3% |
| Equity | 10/15 | €75,149 | -€30,983 | -€106,132 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,689 | -€51,443 | -€106,132 | |
| Amounts payable | 17/49 | €198,291 | €139,441 | -€58,850 | -29.7% |
| Amounts payable within one year | 42/48 | €198,291 | €139,441 | -€58,850 | -29.7% |
| Financial debts | 43 | - | €8 | +€8 | |
| Credit institutions | 430/8 | - | €8 | +€8 | |
| Trade debts | 44 | €162,837 | €61,599 | -€101,238 | -62.2% |
| Suppliers | 440/4 | €162,837 | €61,599 | -€101,238 | -62.2% |
| Advances received on contracts in progress | 46 | - | €148 | +€148 | |
| Taxes, remuneration and social security | 45 | €19,277 | €18,183 | -€1,094 | -5.7% |
| Taxes | 450/3 | €19,277 | €18,183 | -€1,094 | -5.7% |
| Other amounts payable | 47/48 | €16,177 | €59,504 | +€43,327 | +267.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,904 | €6,646 | +€742 | +12.6% |
| Other operating charges | 640/8 | €121 | €953 | +€832 | +686.6% |
| Gross operating margin | 9900 | €88,889 | -€89,162 | -€178,051 | |
| Operating profit (loss) | 9901 | €82,864 | -€96,761 | -€179,624 | |
| Financial income | 75/76B | €140 | €2 | -€138 | -98.6% |
| Recurring financial income | 75 | €140 | €2 | -€138 | -98.6% |
| Financial charges | 65/66B | €1,041 | €1,204 | +€162 | +15.6% |
| Recurring financial charges | 65 | €1,041 | €1,204 | +€162 | +15.6% |
| Profit (loss) for the period before taxes | 9903 | €81,963 | -€97,962 | -€179,925 | |
| Income taxes | 67/77 | €29,817 | €8,170 | -€21,647 | -72.6% |
| Profit (loss) for the period | 9904 | €52,146 | -€106,132 | -€158,278 | |
| Profit (loss) for the period to be appropriated | 9905 | €52,146 | -€106,132 | -€158,278 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.