HIKO SECURITE: 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.
HIKO SECURITE
Largest movements
- Receivables within one year +€4,487
up €4,487 (+28.0%), from €16,006 to €20,493
of which Trade receivables: +€5,199
- Cash +€3,945
up €3,945 (+38.3%), from €10,287 to €14,231
mainly Net result for the year (+€16,466) and Depreciation (+€2,670)
- Tangible fixed assets +€995
up €995 (+20.0%), from €4,972 to €5,967
of which Plant, machinery and equipment: +€2,760
- Stocks and contracts +€929
up €929 (+28.8%), from €3,225 to €4,154
- Profit (loss) carried forward +€16,466
up €16,466 (+121%), from €13,618 to €30,084
- Trade debts -€5,529
down €5,529 (-42.6%), from €12,986 to €7,457
- Other debts -€3,151
down €3,151 (-82.4%), from €3,822 to €671
- Tax, wage and social debts +€2,449
up €2,449 (+326%), from €750 to €3,199
of which Remuneration and social security: +€1,378
- Gross operating margin +€14,857
up €14,857 (+124%), from €11,971 to €26,828
- Staff costs -€6,423
down €6,423 (-84.6%), from €7,592 to €1,168
- Taxes +€4,368
up €4,368 (+1,418%), from €308 to €4,677
- Other operating charges +€997
up €997 (+216%), from €462 to €1,460
- Depreciation -€271
down €271 (-9.2%), from €2,942 to €2,670
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 | €37,744 | €47,991 | +€10,247 | +27.1% |
| Formation expenses | 20 | €548 | €220 | -€328 | -59.9% |
| Fixed assets | 21/28 | €4,972 | €5,967 | +€995 | +20.0% |
| Tangible fixed assets | 22/27 | €4,972 | €5,967 | +€995 | +20.0% |
| Plant, machinery and equipment | 23 | €1,473 | €4,232 | +€2,760 | +187% |
| Furniture and vehicles | 24 | €2,857 | €1,735 | -€1,122 | -39.3% |
| Other tangible fixed assets | 26 | €642 | - | -€642 | |
| Current assets | 29/58 | €32,224 | €41,804 | +€9,580 | +29.7% |
| Stocks and contracts in progress | 3 | €3,225 | €4,154 | +€929 | +28.8% |
| Stocks | 30/36 | €3,225 | €4,154 | +€929 | +28.8% |
| Amounts receivable within one year | 40/41 | €16,006 | €20,493 | +€4,487 | +28.0% |
| Trade receivables | 40 | €15,294 | €20,493 | +€5,199 | +34.0% |
| Other amounts receivable | 41 | €712 | - | -€712 | |
| Cash at bank and in hand | 54/58 | €10,287 | €14,231 | +€3,945 | +38.3% |
| Deferred charges and accrued income | 490/1 | €2,707 | €2,926 | +€220 | +8.1% |
| Total equity and liabilities | 10/49 | €37,744 | €47,991 | +€10,247 | +27.1% |
| Equity | 10/15 | €19,618 | €36,084 | +€16,466 | +83.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,618 | €30,084 | +€16,466 | +121% |
| Amounts payable | 17/49 | €18,126 | €11,907 | -€6,219 | -34.3% |
| Amounts payable within one year | 42/48 | €17,559 | €11,327 | -€6,231 | -35.5% |
| Trade debts | 44 | €12,986 | €7,457 | -€5,529 | -42.6% |
| Suppliers | 440/4 | €12,986 | €7,457 | -€5,529 | -42.6% |
| Taxes, remuneration and social security | 45 | €750 | €3,199 | +€2,449 | +326% |
| Taxes | 450/3 | €308 | €1,379 | +€1,071 | +347% |
| Remuneration and social security | 454/9 | €442 | €1,820 | +€1,378 | +312% |
| Other amounts payable | 47/48 | €3,822 | €671 | -€3,151 | -82.4% |
| Accrued charges and deferred income | 492/3 | €567 | €580 | +€12 | +2.2% |
| Remuneration, social security and pensions | 62 | €7,592 | €1,168 | -€6,423 | -84.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,942 | €2,670 | -€271 | -9.2% |
| Other operating charges | 640/8 | €462 | €1,460 | +€997 | +216% |
| Non-recurring operating charges | 66A | €337 | - | -€337 | |
| Gross operating margin | 9900 | €11,971 | €26,828 | +€14,857 | +124% |
| Operating profit (loss) | 9901 | €638 | €21,529 | +€20,892 | +3,276% |
| Financial income | 75/76B | €84 | - | -€84 | |
| Recurring financial income | 75 | €84 | - | -€84 | |
| Financial charges | 65/66B | €248 | €387 | +€138 | +55.8% |
| Recurring financial charges | 65 | €248 | €387 | +€138 | +55.8% |
| Profit (loss) for the period before taxes | 9903 | €474 | €21,143 | +€20,669 | +4,363% |
| Income taxes | 67/77 | €308 | €4,677 | +€4,368 | +1,418% |
| Profit (loss) for the period | 9904 | €166 | €16,466 | +€16,301 | +9,848% |
| Profit (loss) for the period to be appropriated | 9905 | €166 | €16,466 | +€16,301 | +9,848% |
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 30 October 2026 via checked.be.