HK-Aarschot: 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.
HK-Aarschot
Largest movements
- Deferred charges and accrued income +€21,118
up €21,118 (+91.0%), from €23,196 to €44,314
- Intangible fixed assets -€13,500
down €13,500 (-11.5%), from €116,988 to €103,488
- Cash -€6,276
down €6,276 (-41.5%), from €15,122 to €8,847
mainly Trade debts (-€28,095) and Deferred charges and accrued income (-€21,118)
- Receivables within one year +€3,045
new in 2025: €3,045
- Tangible fixed assets -€2,429
down €2,429 (-5.1%), from €48,069 to €45,639
of which Other tangible fixed assets: -€4,930
- Trade debts -€28,095
down €28,095 (-47.9%), from €58,664 to €30,569
- Reserves +€27,844
up €27,844 (+33.1%), from €83,998 to €111,842
- Other debts +€10,000
new in 2025: €10,000
- Debts after one year -€9,860
down €9,860 (-28.7%), from €34,383 to €24,523
- Gross operating margin +€149,448
up €149,448 (+282%), from €52,955 to €202,403
- Staff costs +€110,777
up €110,777 (+345%), from €32,108 to €142,884
- Taxes +€8,446
up €8,446 (+1,659%), from €509 to €8,955
- Depreciation +€2,672
up €2,672 (+15.0%), from €17,796 to €20,468
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 | €203,375 | €205,332 | +€1,958 | +1.0% |
| Fixed assets | 21/28 | €165,056 | €149,127 | -€15,929 | -9.7% |
| Intangible fixed assets | 21 | €116,988 | €103,488 | -€13,500 | -11.5% |
| Tangible fixed assets | 22/27 | €48,069 | €45,639 | -€2,429 | -5.1% |
| Furniture and vehicles | 24 | €1,980 | €4,481 | +€2,501 | +126% |
| Other tangible fixed assets | 26 | €46,088 | €41,158 | -€4,930 | -10.7% |
| Current assets | 29/58 | €38,318 | €56,206 | +€17,887 | +46.7% |
| Amounts receivable within one year | 40/41 | - | €3,045 | +€3,045 | |
| Other amounts receivable | 41 | - | €3,045 | +€3,045 | |
| Cash at bank and in hand | 54/58 | €15,122 | €8,847 | -€6,276 | -41.5% |
| Deferred charges and accrued income | 490/1 | €23,196 | €44,314 | +€21,118 | +91.0% |
| Total equity and liabilities | 10/49 | €203,375 | €205,332 | +€1,958 | +1.0% |
| Equity | 10/15 | €86,998 | €114,842 | +€27,844 | +32.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €83,998 | €111,842 | +€27,844 | +33.1% |
| Distributable reserves | 133 | €83,998 | €111,842 | +€27,844 | +33.1% |
| Amounts payable | 17/49 | €116,377 | €90,490 | -€25,887 | -22.2% |
| Amounts payable after more than one year | 17 | €34,383 | €24,523 | -€9,860 | -28.7% |
| Financial debts | 170/4 | €34,383 | €24,523 | -€9,860 | -28.7% |
| Amounts payable within one year | 42/48 | €81,994 | €65,967 | -€16,026 | -19.5% |
| Current portion of amounts payable after more than one year | 42 | €9,491 | €9,860 | +€369 | +3.9% |
| Trade debts | 44 | €58,664 | €30,569 | -€28,095 | -47.9% |
| Suppliers | 440/4 | €58,664 | €30,569 | -€28,095 | -47.9% |
| Taxes, remuneration and social security | 45 | €13,839 | €15,538 | +€1,699 | +12.3% |
| Taxes | 450/3 | €10,302 | €0 | -€10,302 | -100% |
| Remuneration and social security | 454/9 | €3,537 | €15,538 | +€12,001 | +339% |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Remuneration, social security and pensions | 62 | €32,108 | €142,884 | +€110,777 | +345% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,796 | €20,468 | +€2,672 | +15.0% |
| Other operating charges | 640/8 | €387 | €599 | +€212 | +54.7% |
| Gross operating margin | 9900 | €52,955 | €202,403 | +€149,448 | +282% |
| Operating profit (loss) | 9901 | €2,664 | €38,451 | +€35,787 | +1,343% |
| Financial charges | 65/66B | €1,572 | €1,652 | +€80 | +5.1% |
| Recurring financial charges | 65 | €1,572 | €1,652 | +€80 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | €1,092 | €36,799 | +€35,708 | +3,271% |
| Income taxes | 67/77 | €509 | €8,955 | +€8,446 | +1,659% |
| Profit (loss) for the period | 9904 | €582 | €27,844 | +€27,262 | +4,681% |
| Profit (loss) for the period to be appropriated | 9905 | €582 | €27,844 | +€27,262 | +4,681% |
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.