HILAL KA: 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.
HILAL KA
Largest movements
- Cash +€4,670
up €4,670 (+538%), from €869 to €5,539
mainly Other debts (+€2,403) and Receivables within one year (+€2,045)
- Receivables within one year -€2,045
no longer reported in 2025 (was €2,045)
- Tangible fixed assets -€333
down €333 (-40.0%), from €833 to €500
- Other debts +€2,403
new in 2025: €2,403
- Profit (loss) carried forward +€859
up €859 (+1,109%), from €78 to €937
- Tax, wage and social debts -€684
down €684 (-49.3%), from €1,388 to €704
- Trade debts -€287
down €287 (-54.0%), from €532 to €245
- Gross operating margin +€1,003
up €1,003 (+370%), from €271 to €1,274
- Depreciation +€167
up €167 (+100%), from €167 to €333
- Financial charges +€39
up €39 (+143%), from €27 to €66
- Taxes +€16
new in 2025: €16
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 | €3,997 | €6,289 | +€2,292 | +57.3% |
| Fixed assets | 21/28 | €833 | €500 | -€333 | -40.0% |
| Tangible fixed assets | 22/27 | €833 | €500 | -€333 | -40.0% |
| Furniture and vehicles | 24 | €833 | €500 | -€333 | -40.0% |
| Current assets | 29/58 | €3,163 | €5,789 | +€2,625 | +83.0% |
| Stocks and contracts in progress | 3 | €250 | €250 | = | 0.0% |
| Stocks | 30/36 | €250 | €250 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,045 | - | -€2,045 | |
| Other amounts receivable | 41 | €2,045 | - | -€2,045 | |
| Cash at bank and in hand | 54/58 | €869 | €5,539 | +€4,670 | +538% |
| Total equity and liabilities | 10/49 | €3,997 | €6,289 | +€2,292 | +57.3% |
| Equity | 10/15 | €2,078 | €2,937 | +€859 | +41.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78 | €937 | +€859 | +1,109% |
| Amounts payable | 17/49 | €1,919 | €3,352 | +€1,433 | +74.6% |
| Amounts payable within one year | 42/48 | €1,919 | €3,352 | +€1,433 | +74.6% |
| Trade debts | 44 | €532 | €245 | -€287 | -54.0% |
| Suppliers | 440/4 | €532 | €245 | -€287 | -54.0% |
| Taxes, remuneration and social security | 45 | €1,388 | €704 | -€684 | -49.3% |
| Taxes | 450/3 | €1,388 | €704 | -€684 | -49.3% |
| Other amounts payable | 47/48 | - | €2,403 | +€2,403 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €167 | €333 | +€167 | +100% |
| Gross operating margin | 9900 | €271 | €1,274 | +€1,003 | +370% |
| Operating profit (loss) | 9901 | €105 | €940 | +€836 | +800% |
| Financial charges | 65/66B | €27 | €66 | +€39 | +143% |
| Recurring financial charges | 65 | €27 | €66 | +€39 | +143% |
| Profit (loss) for the period before taxes | 9903 | €78 | €875 | +€797 | +1,029% |
| Income taxes | 67/77 | - | €16 | +€16 | |
| Profit (loss) for the period | 9904 | €78 | €859 | +€782 | +1,009% |
| Profit (loss) for the period to be appropriated | 9905 | €78 | €859 | +€782 | +1,009% |
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 24 October 2026 via checked.be.