HK-BATTERIES: what changed
HK-BATTERIES
Largest movements
- Receivables within one year -€162,375
down €162,375 (-25.1%), from €647,644 to €485,269
of which Other amounts receivable: -€178,930
- Intangible fixed assets +€43,495
up €43,495 (+468%), from €9,287 to €52,782
- Stocks and contracts +€42,323
up €42,323 (+34.5%), from €122,701 to €165,024
- Tangible fixed assets -€14,683
down €14,683 (-13.3%), from €110,308 to €95,626
of which Furniture and vehicles: -€8,965
- Reserves -€42,021
down €42,021 (-5.6%), from €746,133 to €704,113
of which Distributable reserves: -€42,021
- Other debts -€36,385
down €36,385 (-35.4%), from €102,922 to €66,537
- Trade debts -€22,915
down €22,915 (-17.0%), from €134,514 to €111,599
- Tax, wage and social debts +€13,637
up €13,637 (+47.9%), from €28,444 to €42,082
of which Taxes: +€13,717
- Purchases and services -€103,994
down €103,994 (-7.1%), from €1.5m to €1.4m
- Gross operating margin -€81,513
down €81,513 (-26.5%), from €307,109 to €225,596
- Staff costs +€38,182
up €38,182 (+28.5%), from €133,944 to €172,126
- Depreciation +€17,793
up €17,793 (+220%), from €8,089 to €25,882
- Taxes -€16,189
down €16,189 (-99.1%), from €16,339 to €150
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,018,214 | €930,530 | -€87,683 | -8.6% |
| Fixed assets | 21/28 | €119,596 | €148,408 | +€28,812 | +24.1% |
| Intangible fixed assets | 21 | €9,287 | €52,782 | +€43,495 | +468% |
| Tangible fixed assets | 22/27 | €110,308 | €95,626 | -€14,683 | -13.3% |
| Land and buildings | 22 | €28,969 | €25,832 | -€3,138 | -10.8% |
| Plant, machinery and equipment | 23 | €26,991 | €24,411 | -€2,580 | -9.6% |
| Furniture and vehicles | 24 | €54,348 | €45,383 | -€8,965 | -16.5% |
| Current assets | 29/58 | €898,618 | €782,123 | -€116,495 | -13.0% |
| Amounts receivable after more than one year | 29 | €47,980 | €47,980 | = | 0.0% |
| Other amounts receivable | 291 | €47,980 | €47,980 | = | 0.0% |
| Stocks and contracts in progress | 3 | €122,701 | €165,024 | +€42,323 | +34.5% |
| Stocks | 30/36 | €122,701 | €165,024 | +€42,323 | +34.5% |
| Amounts receivable within one year | 40/41 | €647,644 | €485,269 | -€162,375 | -25.1% |
| Trade receivables | 40 | €468,714 | €485,269 | +€16,555 | +3.5% |
| Other amounts receivable | 41 | €178,930 | €0 | -€178,930 | -100% |
| Cash at bank and in hand | 54/58 | €68,053 | €77,442 | +€9,389 | +13.8% |
| Deferred charges and accrued income | 490/1 | €12,240 | €6,409 | -€5,832 | -47.6% |
| Total equity and liabilities | 10/49 | €1,018,214 | €930,530 | -€87,683 | -8.6% |
| Equity | 10/15 | €752,333 | €710,313 | -€42,021 | -5.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €746,133 | €704,113 | -€42,021 | -5.6% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €744,278 | €702,258 | -€42,021 | -5.6% |
| Amounts payable | 17/49 | €265,880 | €220,218 | -€45,663 | -17.2% |
| Amounts payable within one year | 42/48 | €265,880 | €220,218 | -€45,663 | -17.2% |
| Trade debts | 44 | €134,514 | €111,599 | -€22,915 | -17.0% |
| Suppliers | 440/4 | €134,514 | €111,599 | -€22,915 | -17.0% |
| Taxes, remuneration and social security | 45 | €28,444 | €42,082 | +€13,637 | +47.9% |
| Taxes | 450/3 | €13,074 | €26,791 | +€13,717 | +105% |
| Remuneration and social security | 454/9 | €15,370 | €15,291 | -€79 | -0.5% |
| Other amounts payable | 47/48 | €102,922 | €66,537 | -€36,385 | -35.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,458,049 | €1,354,055 | -€103,994 | -7.1% |
| Remuneration, social security and pensions | 62 | €133,944 | €172,126 | +€38,182 | +28.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,089 | €25,882 | +€17,793 | +220% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €16,255 | €228 | -€16,027 | -98.6% |
| Other operating charges | 640/8 | €61,451 | €66,266 | +€4,815 | +7.8% |
| Non-recurring operating charges | 66A | €29,245 | - | -€29,245 | |
| Gross operating margin | 9900 | €307,109 | €225,596 | -€81,513 | -26.5% |
| Operating profit (loss) | 9901 | €58,125 | -€38,906 | -€97,031 | |
| Financial income | 75/76B | €4,062 | €2,365 | -€1,697 | -41.8% |
| Recurring financial income | 75 | €4,062 | €2,365 | -€1,697 | -41.8% |
| Financial charges | 65/66B | €7,580 | €5,330 | -€2,250 | -29.7% |
| Recurring financial charges | 65 | €7,580 | €5,330 | -€2,250 | -29.7% |
| Profit (loss) for the period before taxes | 9903 | €54,606 | -€41,871 | -€96,477 | |
| Income taxes | 67/77 | €16,339 | €150 | -€16,189 | -99.1% |
| Profit (loss) for the period | 9904 | €38,267 | -€42,021 | -€80,288 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,267 | -€42,021 | -€80,288 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.