HAKY: 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.
HAKY
Largest movements
- Receivables within one year +€327,822
up €327,822 (+287.6%), from €113,999 to €441,821
of which Trade receivables: +€292,567
- Stocks and contracts -€74,960
down €74,960 (-46.1%), from €162,660 to €87,700
- Cash +€8,858
up €8,858 (+22.9%), from €38,709 to €47,567
mainly Advances received (+€276,400) and Stocks and contracts (+€74,960)
- Advances received +€276,400
new in 2025: €276,400
- Other debts -€17,393
down €17,393 (-98.5%), from €17,654 to €261
- Gross operating margin -€37,758
down €37,758 (-87.2%), from €43,279 to €5,521
- Other operating charges +€2,625
new in 2025: €2,625
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 | €315,368 | €577,088 | +€261,720 | +83.0% |
| Current assets | 29/58 | €315,368 | €577,088 | +€261,720 | +83.0% |
| Stocks and contracts in progress | 3 | €162,660 | €87,700 | -€74,960 | -46.1% |
| Stocks | 30/36 | €162,660 | €87,700 | -€74,960 | -46.1% |
| Amounts receivable within one year | 40/41 | €113,999 | €441,821 | +€327,822 | +287.6% |
| Trade receivables | 40 | €113,999 | €406,566 | +€292,567 | +256.6% |
| Other amounts receivable | 41 | - | €35,255 | +€35,255 | |
| Cash at bank and in hand | 54/58 | €38,709 | €47,567 | +€8,858 | +22.9% |
| Total equity and liabilities | 10/49 | €315,368 | €577,088 | +€261,720 | +83.0% |
| Equity | 10/15 | €26,213 | €29,036 | +€2,823 | +10.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,753 | €8,576 | +€2,823 | +49.1% |
| Amounts payable | 17/49 | €289,155 | €548,052 | +€258,897 | +89.5% |
| Amounts payable within one year | 42/48 | €289,155 | €548,052 | +€258,897 | +89.5% |
| Trade debts | 44 | €266,736 | €271,391 | +€4,655 | +1.7% |
| Suppliers | 440/4 | €266,736 | €271,391 | +€4,655 | +1.7% |
| Advances received on contracts in progress | 46 | - | €276,400 | +€276,400 | |
| Taxes, remuneration and social security | 45 | €4,766 | - | -€4,766 | |
| Taxes | 450/3 | €4,766 | - | -€4,766 | |
| Other amounts payable | 47/48 | €17,654 | €261 | -€17,393 | -98.5% |
| Remuneration, social security and pensions | 62 | - | €36 | +€36 | |
| Other operating charges | 640/8 | - | €2,625 | +€2,625 | |
| Gross operating margin | 9900 | €43,279 | €5,521 | -€37,758 | -87.2% |
| Operating profit (loss) | 9901 | €43,279 | €2,861 | -€40,418 | -93.4% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €128 | €38 | -€90 | -70.5% |
| Recurring financial charges | 65 | €128 | €38 | -€90 | -70.5% |
| Profit (loss) for the period before taxes | 9903 | €43,152 | €2,823 | -€40,329 | -93.5% |
| Profit (loss) for the period | 9904 | €43,152 | €2,823 | -€40,329 | -93.5% |
| Profit (loss) for the period to be appropriated | 9905 | €43,152 | €2,823 | -€40,329 | -93.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.