HAKUNA MATATA CONSTRUCTION: 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 CONSTRUCTION
Largest movements
- Tangible fixed assets -€62,804
no longer reported in 2025 (was €62,804)
of which Furniture and vehicles: -€34,892
- Stocks and contracts +€60,541
up €60,541 (+4.4%), from €1.4m to €1.4m
- Debts after one year -€647,372
down €647,372 (-97.7%), from €662,627 to €15,255
- Current portion of long-term debt +€622,682
up €622,682 (+416%), from €149,690 to €772,372
- Other debts +€146,226
up €146,226 (+27.1%), from €538,977 to €685,202
- Trade debts -€98,230
down €98,230 (-92.0%), from €106,775 to €8,545
- Profit (loss) carried forward -€55,562
down €55,562 (-1,436%), from -€3,870 to -€59,432
- Staff costs -€73,679
no longer reported in 2025 (was €73,679)
- Gross operating margin -€38,809
down €38,809 (-51.1%), from €75,926 to €37,118
- Depreciation -€20,626
down €20,626 (-97.6%), from €21,132 to €506
- Other operating charges +€18,375
up €18,375 (+314%), from €5,861 to €24,236
- Financial charges +€2,584
up €2,584 (+6.4%), from €40,632 to €43,217
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 | €1,526,976 | €1,494,636 | -€32,340 | -2.1% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €63,310 | €0 | -€63,310 | -100% |
| Intangible fixed assets | 21 | €506 | €0 | -€506 | -100% |
| Tangible fixed assets | 22/27 | €62,804 | - | -€62,804 | |
| Plant, machinery and equipment | 23 | €2,124 | - | -€2,124 | |
| Furniture and vehicles | 24 | €34,892 | - | -€34,892 | |
| Other tangible fixed assets | 26 | €25,787 | - | -€25,787 | |
| Current assets | 29/58 | €1,463,666 | €1,494,636 | +€30,969 | +2.1% |
| Stocks and contracts in progress | 3 | €1,381,204 | €1,441,745 | +€60,541 | +4.4% |
| Stocks | 30/36 | €1,381,204 | €1,441,745 | +€60,541 | +4.4% |
| Amounts receivable within one year | 40/41 | €44,760 | €30,974 | -€13,786 | -30.8% |
| Trade receivables | 40 | €19,392 | €6,842 | -€12,550 | -64.7% |
| Other amounts receivable | 41 | €25,368 | €24,132 | -€1,236 | -4.9% |
| Cash at bank and in hand | 54/58 | €32,664 | €21,685 | -€10,979 | -33.6% |
| Deferred charges and accrued income | 490/1 | €5,039 | €232 | -€4,807 | -95.4% |
| Total equity and liabilities | 10/49 | €1,526,976 | €1,494,636 | -€32,340 | -2.1% |
| Equity | 10/15 | €46,130 | -€9,432 | -€55,562 | |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,870 | -€59,432 | -€55,562 | -1,436% |
| Amounts payable | 17/49 | €1,480,846 | €1,504,068 | +€23,221 | +1.6% |
| Amounts payable after more than one year | 17 | €662,627 | €15,255 | -€647,372 | -97.7% |
| Financial debts | 170/4 | €662,627 | €15,255 | -€647,372 | -97.7% |
| Amounts payable within one year | 42/48 | €818,181 | €1,488,771 | +€670,589 | +82.0% |
| Current portion of amounts payable after more than one year | 42 | €149,690 | €772,372 | +€622,682 | +416% |
| Financial debts | 43 | €8,147 | €8,089 | -€58 | -0.7% |
| Credit institutions | 430/8 | €8,147 | €8,089 | -€58 | -0.7% |
| Trade debts | 44 | €106,775 | €8,545 | -€98,230 | -92.0% |
| Suppliers | 440/4 | €106,775 | €8,545 | -€98,230 | -92.0% |
| Taxes, remuneration and social security | 45 | €14,593 | €14,563 | -€30 | -0.2% |
| Taxes | 450/3 | €14,593 | €14,563 | -€30 | -0.2% |
| Other amounts payable | 47/48 | €538,977 | €685,202 | +€146,226 | +27.1% |
| Accrued charges and deferred income | 492/3 | €38 | €42 | +€4 | +11.8% |
| Non-recurring operating income | 76A | €1,886 | €21,696 | +€19,810 | +1,051% |
| Remuneration, social security and pensions | 62 | €73,679 | - | -€73,679 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,132 | €506 | -€20,626 | -97.6% |
| Other operating charges | 640/8 | €5,861 | €24,236 | +€18,375 | +314% |
| Non-recurring operating charges | 66A | - | €26,161 | +€26,161 | |
| Gross operating margin | 9900 | €75,926 | €37,118 | -€38,809 | -51.1% |
| Operating profit (loss) | 9901 | -€24,745 | -€13,785 | +€10,960 | +44.3% |
| Financial income | 75/76B | €1,238 | €1,440 | +€202 | +16.3% |
| Recurring financial income | 75 | €1,238 | €1,440 | +€202 | +16.3% |
| Financial charges | 65/66B | €40,632 | €43,217 | +€2,584 | +6.4% |
| Recurring financial charges | 65 | €40,632 | €43,217 | +€2,584 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | -€64,140 | -€55,562 | +€8,578 | +13.4% |
| Income taxes | 67/77 | €580 | €0 | -€580 | -100% |
| Profit (loss) for the period | 9904 | -€64,720 | -€55,562 | +€9,158 | +14.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€64,720 | -€55,562 | +€9,158 | +14.2% |
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 21 October 2026 via checked.be.