HIKAN: 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.
HIKAN
Largest movements
- Receivables within one year -€348,988
down €348,988 (-100.0%), from €348,999 to €11
- Cash -€111,949
down €111,949 (-100.0%), from €111,950 to €1
mainly Contributions, distributions and other (-€631,977) and Trade debts (-€443,730)
- Other debts +€666,297
new in 2025: €666,297
- Profit (loss) carried forward -€633,504
no longer reported in 2025 (was €633,504)
- Trade debts -€443,730
down €443,730 (-99.4%), from €446,445 to €2,714
- Debts after one year -€50,000
no longer reported in 2025 (was €50,000)
- Gross operating margin +€574
up €574 (+28.6%), from -€2,011 to -€1,437
- Financial charges +€90
new in 2025: €90
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 | €1,141,949 | €681,012 | -€460,937 | -40.4% |
| Fixed assets | 21/28 | €681,000 | €681,000 | = | 0.0% |
| Financial fixed assets | 28 | €681,000 | €681,000 | = | 0.0% |
| Current assets | 29/58 | €460,949 | €12 | -€460,937 | -100.0% |
| Amounts receivable within one year | 40/41 | €348,999 | €11 | -€348,988 | -100.0% |
| Other amounts receivable | 41 | €348,999 | €11 | -€348,988 | -100.0% |
| Cash at bank and in hand | 54/58 | €111,950 | €1 | -€111,949 | -100.0% |
| Total equity and liabilities | 10/49 | €1,141,949 | €681,012 | -€460,937 | -40.4% |
| Equity | 10/15 | €645,504 | €12,000 | -€633,504 | -98.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €633,504 | - | -€633,504 | |
| Amounts payable | 17/49 | €496,445 | €669,012 | +€172,567 | +34.8% |
| Amounts payable after more than one year | 17 | €50,000 | - | -€50,000 | |
| Financial debts | 170/4 | €50,000 | - | -€50,000 | |
| Amounts payable within one year | 42/48 | €446,445 | €669,012 | +€222,567 | +49.9% |
| Trade debts | 44 | €446,445 | €2,714 | -€443,730 | -99.4% |
| Suppliers | 440/4 | €446,445 | €2,714 | -€443,730 | -99.4% |
| Other amounts payable | 47/48 | - | €666,297 | +€666,297 | |
| Gross operating margin | 9900 | -€2,011 | -€1,437 | +€574 | +28.6% |
| Operating profit (loss) | 9901 | -€2,011 | -€1,437 | +€574 | +28.6% |
| Financial charges | 65/66B | - | €90 | +€90 | |
| Recurring financial charges | 65 | - | €90 | +€90 | |
| Profit (loss) for the period before taxes | 9903 | -€2,011 | -€1,527 | +€484 | +24.1% |
| Profit (loss) for the period | 9904 | -€2,011 | -€1,527 | +€484 | +24.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,011 | -€1,527 | +€484 | +24.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.