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
- Cash +€77,134
up €77,134 (+16.5%), from €466,791 to €543,925
mainly Accrued charges and deferred income (+€113,293) and Deferred charges and accrued income (+€39,502)
- Receivables within one year +€43,552
up €43,552 (+1,894%), from €2,300 to €45,852
of which Trade receivables: +€43,865
- Deferred charges and accrued income -€39,502
down €39,502 (-10.3%), from €382,755 to €343,253
- Accrued charges and deferred income +€113,293
up €113,293 (+25.0%), from €453,803 to €567,096
- Trade debts -€57,731
down €57,731 (-30.9%), from €186,709 to €128,979
- Profit (loss) carried forward +€23,536
up €23,536 (+20.2%), from €116,357 to €139,893
- Staff costs -€32,143
down €32,143 (-18.0%), from €178,678 to €146,535
- Gross operating margin -€18,279
down €18,279 (-9.3%), from €195,736 to €177,457
- Financial income +€5,574
up €5,574 (+32.3%), from €17,247 to €22,821
- Financial charges -€1,998
down €1,998 (-10.4%), from €19,160 to €17,162
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 | €856,521 | €935,615 | +€79,094 | +9.2% |
| Fixed assets | 21/28 | €4,675 | €2,584 | -€2,091 | -44.7% |
| Tangible fixed assets | 22/27 | €3,675 | €1,584 | -€2,091 | -56.9% |
| Furniture and vehicles | 24 | €3,675 | €1,584 | -€2,091 | -56.9% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €851,846 | €933,031 | +€81,185 | +9.5% |
| Amounts receivable within one year | 40/41 | €2,300 | €45,852 | +€43,552 | +1,894% |
| Trade receivables | 40 | €52 | €43,917 | +€43,865 | +83,744% |
| Other amounts receivable | 41 | €2,247 | €1,935 | -€313 | -13.9% |
| Cash at bank and in hand | 54/58 | €466,791 | €543,925 | +€77,134 | +16.5% |
| Deferred charges and accrued income | 490/1 | €382,755 | €343,253 | -€39,502 | -10.3% |
| Total equity and liabilities | 10/49 | €856,521 | €935,615 | +€79,094 | +9.2% |
| Equity | 10/15 | €155,257 | €178,793 | +€23,536 | +15.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €13,900 | €13,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €11,400 | €11,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €116,357 | €139,893 | +€23,536 | +20.2% |
| Amounts payable | 17/49 | €701,264 | €756,822 | +€55,558 | +7.9% |
| Amounts payable after more than one year | 17 | €19,810 | €19,152 | -€657 | -3.3% |
| Other amounts payable | 178/9 | €19,810 | €19,152 | -€657 | -3.3% |
| Amounts payable within one year | 42/48 | €227,651 | €170,574 | -€57,077 | -25.1% |
| Trade debts | 44 | €186,709 | €128,979 | -€57,731 | -30.9% |
| Suppliers | 440/4 | €186,709 | €128,979 | -€57,731 | -30.9% |
| Taxes, remuneration and social security | 45 | €28,670 | €32,604 | +€3,934 | +13.7% |
| Taxes | 450/3 | €6,478 | €5,396 | -€1,082 | -16.7% |
| Remuneration and social security | 454/9 | €22,192 | €27,208 | +€5,016 | +22.6% |
| Other amounts payable | 47/48 | €12,272 | €8,991 | -€3,280 | -26.7% |
| Accrued charges and deferred income | 492/3 | €453,803 | €567,096 | +€113,293 | +25.0% |
| Remuneration, social security and pensions | 62 | €178,678 | €146,535 | -€32,143 | -18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,981 | €2,091 | -€891 | -29.9% |
| Other operating charges | 640/8 | €1,585 | €1,777 | +€192 | +12.1% |
| Gross operating margin | 9900 | €195,736 | €177,457 | -€18,279 | -9.3% |
| Operating profit (loss) | 9901 | €12,492 | €27,054 | +€14,563 | +117% |
| Financial income | 75/76B | €17,247 | €22,821 | +€5,574 | +32.3% |
| Recurring financial income | 75 | €17,247 | €22,821 | +€5,574 | +32.3% |
| Financial charges | 65/66B | €19,160 | €17,162 | -€1,998 | -10.4% |
| Recurring financial charges | 65 | €19,160 | €17,162 | -€1,998 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €10,579 | €32,713 | +€22,134 | +209% |
| Income taxes | 67/77 | €369 | €2,214 | +€1,844 | +499% |
| Profit (loss) for the period | 9904 | €10,210 | €30,500 | +€20,290 | +199% |
| Profit (loss) for the period to be appropriated | 9905 | €10,210 | €30,500 | +€20,290 | +199% |
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 25 October 2026 via checked.be.