Hikari: 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.
Hikari
Largest movements
- Cash +€71,674
up €71,674 (+437.3%), from €16,389 to €88,063
mainly Net result for the year (+€81,992) and Tax, wage and social debts (+€29,770)
- Current investments +€29,217
up €29,217 (+40.4%), from €72,347 to €101,564
- Receivables within one year +€12,157
up €12,157 (+3592.7%), from €338 to €12,495
of which Trade receivables: +€12,468
- Tangible fixed assets +€2,133
new in 2025: €2,133
- Reserves +€81,992
up €81,992 (+152.3%), from €53,819 to €135,810
- Tax, wage and social debts +€29,770
up €29,770 (+101.0%), from €29,462 to €59,231
of which Taxes: +€29,887
- Trade debts +€3,267
up €3,267 (+411.6%), from €794 to €4,060
- Gross operating margin +€42,507
up €42,507 (+62.7%), from €67,837 to €110,344
- Taxes +€13,531
up €13,531 (+100.4%), from €13,472 to €27,002
- Financial charges +€1,612
up €1,612 (+3504.1%), from €46 to €1,658
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 | €89,074 | €204,256 | +€115,182 | +129.3% |
| Fixed assets | 21/28 | - | €2,133 | +€2,133 | |
| Tangible fixed assets | 22/27 | - | €2,133 | +€2,133 | |
| Furniture and vehicles | 24 | - | €2,133 | +€2,133 | |
| Current assets | 29/58 | €89,074 | €202,122 | +€113,049 | +126.9% |
| Amounts receivable within one year | 40/41 | €338 | €12,495 | +€12,157 | +3592.7% |
| Trade receivables | 40 | - | €12,468 | +€12,468 | |
| Other amounts receivable | 41 | €338 | €27 | -€311 | -91.9% |
| Current investments | 50/53 | €72,347 | €101,564 | +€29,217 | +40.4% |
| Cash at bank and in hand | 54/58 | €16,389 | €88,063 | +€71,674 | +437.3% |
| Total equity and liabilities | 10/49 | €89,074 | €204,256 | +€115,182 | +129.3% |
| Equity | 10/15 | €58,819 | €140,810 | +€81,992 | +139.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €53,819 | €135,810 | +€81,992 | +152.3% |
| Distributable reserves | 133 | €53,819 | €135,810 | +€81,992 | +152.3% |
| Amounts payable | 17/49 | €30,255 | €63,445 | +€33,190 | +109.7% |
| Amounts payable within one year | 42/48 | €30,255 | €63,445 | +€33,190 | +109.7% |
| Trade debts | 44 | €794 | €4,060 | +€3,267 | +411.6% |
| Suppliers | 440/4 | €794 | €4,060 | +€3,267 | +411.6% |
| Taxes, remuneration and social security | 45 | €29,462 | €59,231 | +€29,770 | +101.0% |
| Taxes | 450/3 | €25,140 | €55,027 | +€29,887 | +118.9% |
| Remuneration and social security | 454/9 | €4,322 | €4,204 | -€117 | -2.7% |
| Other amounts payable | 47/48 | - | €154 | +€154 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €562 | +€562 | |
| Other operating charges | 640/8 | €501 | €128 | -€373 | -74.4% |
| Gross operating margin | 9900 | €67,837 | €110,344 | +€42,507 | +62.7% |
| Operating profit (loss) | 9901 | €67,336 | €109,654 | +€42,317 | +62.8% |
| Financial income | 75/76B | - | €998 | +€998 | |
| Recurring financial income | 75 | - | €998 | +€998 | |
| Financial charges | 65/66B | €46 | €1,658 | +€1,612 | +3504.1% |
| Recurring financial charges | 65 | €46 | €1,658 | +€1,612 | +3504.1% |
| Profit (loss) for the period before taxes | 9903 | €67,290 | €108,994 | +€41,703 | +62.0% |
| Income taxes | 67/77 | €13,472 | €27,002 | +€13,531 | +100.4% |
| Profit (loss) for the period | 9904 | €53,819 | €81,992 | +€28,173 | +52.3% |
| Profit (loss) for the period to be appropriated | 9905 | €53,819 | €81,992 | +€28,173 | +52.3% |
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 6 October 2026 via checked.be.