HK TECHNIC SOLUTIONS: 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 TECHNIC SOLUTIONS
Largest movements
- Tangible fixed assets +€227,701
up €227,701 (+78.9%), from €288,611 to €516,312
of which Land and buildings: +€208,357
- Cash -€88,850
down €88,850 (-92.1%), from €96,491 to €7,641
mainly Investment in fixed assets (net) (-€259,392) and Receivables within one year (-€40,046)
- Receivables within one year +€40,046
up €40,046 (+10.6%), from €378,250 to €418,296
of which Trade receivables: +€76,581
- Trade debts +€196,318
up €196,318 (+126%), from €155,846 to €352,164
- Profit (loss) carried forward -€17,645
down €17,645 (-6.6%), from €266,276 to €248,631
- Staff costs +€228,246
up €228,246 (+144%), from €157,970 to €386,217
- Gross operating margin +€120,365
up €120,365 (+31.3%), from €383,966 to €504,331
- Other operating charges +€71,432
up €71,432 (+737%), from €9,689 to €81,120
- Taxes -€54,465
down €54,465 (-92.9%), from €58,645 to €4,180
- Depreciation +€20,262
up €20,262 (+177%), from €11,428 to €31,691
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 | €766,036 | €944,711 | +€178,675 | +23.3% |
| Fixed assets | 21/28 | €288,611 | €516,312 | +€227,701 | +78.9% |
| Tangible fixed assets | 22/27 | €288,611 | €516,312 | +€227,701 | +78.9% |
| Land and buildings | 22 | €260,436 | €468,793 | +€208,357 | +80.0% |
| Plant, machinery and equipment | 23 | - | €10,559 | +€10,559 | |
| Furniture and vehicles | 24 | €28,175 | €36,961 | +€8,786 | +31.2% |
| Current assets | 29/58 | €477,425 | €428,398 | -€49,027 | -10.3% |
| Amounts receivable within one year | 40/41 | €378,250 | €418,296 | +€40,046 | +10.6% |
| Trade receivables | 40 | €302,102 | €378,683 | +€76,581 | +25.3% |
| Other amounts receivable | 41 | €76,148 | €39,612 | -€36,535 | -48.0% |
| Cash at bank and in hand | 54/58 | €96,491 | €7,641 | -€88,850 | -92.1% |
| Deferred charges and accrued income | 490/1 | €2,684 | €2,461 | -€222 | -8.3% |
| Total equity and liabilities | 10/49 | €766,036 | €944,711 | +€178,675 | +23.3% |
| Equity | 10/15 | €268,776 | €251,131 | -€17,645 | -6.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €266,276 | €248,631 | -€17,645 | -6.6% |
| Amounts payable | 17/49 | €497,260 | €693,580 | +€196,320 | +39.5% |
| Amounts payable after more than one year | 17 | €148,466 | €148,466 | = | 0.0% |
| Financial debts | 170/4 | €148,466 | €148,466 | = | 0.0% |
| Amounts payable within one year | 42/48 | €348,794 | €545,113 | +€196,320 | +56.3% |
| Trade debts | 44 | €155,846 | €352,164 | +€196,318 | +126% |
| Suppliers | 440/4 | €155,846 | €352,164 | +€196,318 | +126% |
| Advances received on contracts in progress | 46 | €66,662 | €66,959 | +€296 | +0.4% |
| Taxes, remuneration and social security | 45 | €126,285 | €125,991 | -€295 | -0.2% |
| Taxes | 450/3 | €88,762 | €66,391 | -€22,371 | -25.2% |
| Remuneration and social security | 454/9 | €37,523 | €59,599 | +€22,076 | +58.8% |
| Remuneration, social security and pensions | 62 | €157,970 | €386,217 | +€228,246 | +144% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,428 | €31,691 | +€20,262 | +177% |
| Other operating charges | 640/8 | €9,689 | €81,120 | +€71,432 | +737% |
| Non-recurring operating charges | 66A | €7,922 | - | -€7,922 | |
| Gross operating margin | 9900 | €383,966 | €504,331 | +€120,365 | +31.3% |
| Operating profit (loss) | 9901 | €196,957 | €5,303 | -€191,653 | -97.3% |
| Financial income | 75/76B | €2,005 | €2 | -€2,003 | -99.9% |
| Recurring financial income | 75 | €2,005 | €2 | -€2,003 | -99.9% |
| Financial charges | 65/66B | €1,290 | €18,771 | +€17,481 | +1,356% |
| Recurring financial charges | 65 | €1,290 | €18,771 | +€17,481 | +1,356% |
| Profit (loss) for the period before taxes | 9903 | €197,672 | -€13,466 | -€211,138 | |
| Income taxes | 67/77 | €58,645 | €4,180 | -€54,465 | -92.9% |
| Profit (loss) for the period | 9904 | €139,027 | -€17,645 | -€156,672 | |
| Profit (loss) for the period to be appropriated | 9905 | €139,027 | -€17,645 | -€156,672 |
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 23 October 2026 via checked.be.