Hakuna Matata: 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.
Hakuna Matata
Largest movements
- Deferred charges and accrued income -€6,532
down €6,532 (-57.9%), from €11,289 to €4,757
- Cash -€973
down €973 (-68.5%), from €1,419 to €446
mainly Net result for the year (-€13,235) and Accrued charges and deferred income (-€3,527)
- Receivables within one year -€868
down €868 (-5.1%), from €17,173 to €16,305
of which Other amounts receivable: -€6,791
- Stocks and contracts +€714
up €714 (+61.6%), from €1,159 to €1,873
- Profit (loss) carried forward -€13,235
down €13,235, from €744 to -€12,491
- Trade debts +€4,900
up €4,900 (+113%), from €4,318 to €9,218
- Accrued charges and deferred income -€3,527
no longer reported in 2025 (was €3,527)
- Other debts +€2,584
up €2,584 (+320%), from €808 to €3,392
- Advances received +€2,543
new in 2025: €2,543
- Gross operating margin -€15,320
down €15,320, from €2,737 to -€12,583
- Taxes -€1,638
down €1,638 (-91.7%), from €1,787 to €149
- Other operating charges +€298
up €298 (+563%), from €53 to €351
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 | €31,040 | €23,380 | -€7,660 | -24.7% |
| Current assets | 29/58 | €31,040 | €23,380 | -€7,660 | -24.7% |
| Stocks and contracts in progress | 3 | €1,159 | €1,873 | +€714 | +61.6% |
| Stocks | 30/36 | €1,159 | €1,873 | +€714 | +61.6% |
| Amounts receivable within one year | 40/41 | €17,173 | €16,305 | -€868 | -5.1% |
| Trade receivables | 40 | €1,029 | €6,952 | +€5,923 | +576% |
| Other amounts receivable | 41 | €16,144 | €9,353 | -€6,791 | -42.1% |
| Cash at bank and in hand | 54/58 | €1,419 | €446 | -€973 | -68.5% |
| Deferred charges and accrued income | 490/1 | €11,289 | €4,757 | -€6,532 | -57.9% |
| Total equity and liabilities | 10/49 | €31,040 | €23,380 | -€7,660 | -24.7% |
| Equity | 10/15 | €20,045 | €6,810 | -€13,235 | -66.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €16,301 | €16,301 | = | 0.0% |
| Distributable reserves | 133 | €16,301 | €16,301 | = | 0.0% |
| Profit (loss) carried forward | 14 | €744 | -€12,491 | -€13,235 | |
| Amounts payable | 17/49 | €10,995 | €16,571 | +€5,576 | +50.7% |
| Amounts payable within one year | 42/48 | €7,468 | €16,571 | +€9,102 | +122% |
| Trade debts | 44 | €4,318 | €9,218 | +€4,900 | +113% |
| Suppliers | 440/4 | €4,318 | €9,218 | +€4,900 | +113% |
| Advances received on contracts in progress | 46 | - | €2,543 | +€2,543 | |
| Taxes, remuneration and social security | 45 | €2,343 | €1,417 | -€925 | -39.5% |
| Taxes | 450/3 | €2,343 | €1,417 | -€925 | -39.5% |
| Other amounts payable | 47/48 | €808 | €3,392 | +€2,584 | +320% |
| Accrued charges and deferred income | 492/3 | €3,527 | - | -€3,527 | |
| Other operating charges | 640/8 | €53 | €351 | +€298 | +563% |
| Gross operating margin | 9900 | €2,737 | -€12,583 | -€15,320 | |
| Operating profit (loss) | 9901 | €2,684 | -€12,934 | -€15,618 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €153 | €153 | -€0 | 0.0% |
| Recurring financial charges | 65 | €153 | €153 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €2,531 | -€13,087 | -€15,618 | |
| Income taxes | 67/77 | €1,787 | €149 | -€1,638 | -91.7% |
| Profit (loss) for the period | 9904 | €744 | -€13,235 | -€13,979 | |
| Profit (loss) for the period to be appropriated | 9905 | €744 | -€13,235 | -€13,979 |
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 16 October 2026 via checked.be.