HIKAPACK: 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.
HIKAPACK
Largest movements
- Receivables within one year -€24,495
down €24,495 (-38.1%), from €64,348 to €39,853
of which Other amounts receivable: -€36,309
- Cash +€13,188
up €13,188 (+65.8%), from €20,028 to €33,215
mainly Other debts (+€27,306) and Receivables within one year (+€24,495)
- Tangible fixed assets -€4,091
down €4,091 (-29.5%), from €13,856 to €9,765
- Contributions -€48,306
down €48,306 (-69.0%), from €70,000 to €21,694
- Other debts +€27,306
up €27,306, from €0 to €27,306
- Trade debts +€2,354
up €2,354 (+104.9%), from €2,244 to €4,598
- Tax, wage and social debts +€2,030
up €2,030 (+67.1%), from €3,024 to €5,054
of which Taxes: +€2,030
- Profit (loss) carried forward +€1,434
up €1,434 (+58.4%), from €2,455 to €3,888
- Write-downs -€25,175
down €25,175, from €12,588 to -€12,588
- Gross operating margin -€8,837
down €8,837 (-61.1%), from €14,465 to €5,628
- Other operating charges +€7,495
up €7,495 (+120.5%), from €6,217 to €13,712
- Financial charges -€3,452
down €3,452 (-39.2%), from €8,795 to €5,343
- Taxes +€1,359
up €1,359 (+121.1%), from €1,122 to €2,480
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €98,319 | €83,136 | -€15,183 | -15.4% |
| Fixed assets | 21/28 | €13,856 | €9,765 | -€4,091 | -29.5% |
| Tangible fixed assets | 22/27 | €13,856 | €9,765 | -€4,091 | -29.5% |
| Furniture and vehicles | 24 | €13,856 | €9,765 | -€4,091 | -29.5% |
| Current assets | 29/58 | €84,464 | €73,371 | -€11,092 | -13.1% |
| Amounts receivable within one year | 40/41 | €64,348 | €39,853 | -€24,495 | -38.1% |
| Trade receivables | 40 | €25,396 | €37,210 | +€11,814 | +46.5% |
| Other amounts receivable | 41 | €38,952 | €2,643 | -€36,309 | -93.2% |
| Cash at bank and in hand | 54/58 | €20,028 | €33,215 | +€13,188 | +65.8% |
| Deferred charges and accrued income | 490/1 | €88 | €303 | +€215 | +244.0% |
| Total equity and liabilities | 10/49 | €98,319 | €83,136 | -€15,183 | -15.4% |
| Equity | 10/15 | €93,051 | €46,179 | -€46,872 | -50.4% |
| Contributions | 10/11 | €70,000 | €21,694 | -€48,306 | -69.0% |
| Reserves | 13 | €20,597 | €20,597 | = | 0.0% |
| Distributable reserves | 133 | €20,597 | €20,597 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,455 | €3,888 | +€1,434 | +58.4% |
| Amounts payable | 17/49 | €5,268 | €36,957 | +€31,690 | +601.6% |
| Amounts payable within one year | 42/48 | €5,268 | €36,957 | +€31,690 | +601.6% |
| Trade debts | 44 | €2,244 | €4,598 | +€2,354 | +104.9% |
| Suppliers | 440/4 | €2,244 | €4,598 | +€2,354 | +104.9% |
| Taxes, remuneration and social security | 45 | €3,024 | €5,054 | +€2,030 | +67.1% |
| Taxes | 450/3 | €3,024 | €5,054 | +€2,030 | +67.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | €27,306 | +€27,306 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,462 | €4,091 | +€629 | +18.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €12,588 | -€12,588 | -€25,175 | |
| Other operating charges | 640/8 | €6,217 | €13,712 | +€7,495 | +120.5% |
| Gross operating margin | 9900 | €14,465 | €5,628 | -€8,837 | -61.1% |
| Operating profit (loss) | 9901 | -€7,802 | €413 | +€8,215 | |
| Financial income | 75/76B | €9,837 | €10,538 | +€701 | +7.1% |
| Recurring financial income | 75 | €9,837 | €10,538 | +€701 | +7.1% |
| Financial charges | 65/66B | €8,795 | €5,343 | -€3,452 | -39.2% |
| Recurring financial charges | 65 | €8,795 | €5,343 | -€3,452 | -39.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,760 | €5,608 | +€12,368 | |
| Income taxes | 67/77 | €1,122 | €2,480 | +€1,359 | +121.1% |
| Profit (loss) for the period | 9904 | -€7,881 | €3,128 | +€11,009 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,881 | €3,128 | +€11,009 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.