HKGAMES: 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.
HKGAMES
Largest movements
- Tangible fixed assets +€63,075
up €63,075 (+129%), from €48,869 to €111,944
of which Leasing and similar rights: +€73,576
- Deferred charges and accrued income -€4,437
down €4,437 (-40.0%), from €11,092 to €6,655
- Debts after one year +€36,223
up €36,223 (+177%), from €20,474 to €56,697
- Profit (loss) carried forward +€25,464
up €25,464 (+19.5%), from €130,307 to €155,771
- Tax, wage and social debts -€16,063
down €16,063 (-47.6%), from €33,729 to €17,666
of which Taxes: -€12,353
- Current portion of long-term debt +€13,975
up €13,975 (+113%), from €12,315 to €26,290
- Write-downs +€58,615
new in 2024: €58,615
- Other operating charges -€47,928
down €47,928 (-79.8%), from €60,060 to €12,132
- Staff costs -€36,801
down €36,801 (-99.8%), from €36,890 to €88
- Gross operating margin -€14,296
down €14,296 (-9.7%), from €146,924 to €132,628
- Taxes +€4,552
up €4,552 (+49.1%), from €9,280 to €13,831
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €204,569 | €263,216 | +€58,647 | +28.7% |
| Formation expenses | 20 | €812 | €552 | -€260 | -32.0% |
| Fixed assets | 21/28 | €58,569 | €121,644 | +€63,075 | +108% |
| Tangible fixed assets | 22/27 | €48,869 | €111,944 | +€63,075 | +129% |
| Furniture and vehicles | 24 | €13,623 | €3,122 | -€10,501 | -77.1% |
| Leasing and similar rights | 25 | €35,246 | €108,822 | +€73,576 | +209% |
| Financial fixed assets | 28 | €9,700 | €9,700 | = | 0.0% |
| Current assets | 29/58 | €145,188 | €141,020 | -€4,168 | -2.9% |
| Amounts receivable within one year | 40/41 | €132,444 | €133,920 | +€1,476 | +1.1% |
| Trade receivables | 40 | €23,133 | €38,841 | +€15,709 | +67.9% |
| Other amounts receivable | 41 | €109,311 | €95,078 | -€14,233 | -13.0% |
| Cash at bank and in hand | 54/58 | €1,652 | €445 | -€1,207 | -73.1% |
| Deferred charges and accrued income | 490/1 | €11,092 | €6,655 | -€4,437 | -40.0% |
| Total equity and liabilities | 10/49 | €204,569 | €263,216 | +€58,647 | +28.7% |
| Equity | 10/15 | €135,307 | €160,771 | +€25,464 | +18.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Share premium | 1100/10 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €130,307 | €155,771 | +€25,464 | +19.5% |
| Amounts payable | 17/49 | €69,262 | €102,445 | +€33,183 | +47.9% |
| Amounts payable after more than one year | 17 | €20,474 | €56,697 | +€36,223 | +177% |
| Financial debts | 170/4 | €20,474 | €56,697 | +€36,223 | +177% |
| Amounts payable within one year | 42/48 | €48,788 | €45,748 | -€3,040 | -6.2% |
| Current portion of amounts payable after more than one year | 42 | €12,315 | €26,290 | +€13,975 | +113% |
| Trade debts | 44 | €2,744 | €1,791 | -€952 | -34.7% |
| Suppliers | 440/4 | €2,744 | €1,791 | -€952 | -34.7% |
| Taxes, remuneration and social security | 45 | €33,729 | €17,666 | -€16,063 | -47.6% |
| Taxes | 450/3 | €27,509 | €15,156 | -€12,353 | -44.9% |
| Remuneration and social security | 454/9 | €6,220 | €2,510 | -€3,710 | -59.6% |
| Remuneration, social security and pensions | 62 | €36,890 | €88 | -€36,801 | -99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,095 | €25,970 | +€875 | +3.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €58,615 | +€58,615 | |
| Other operating charges | 640/8 | €60,060 | €12,132 | -€47,928 | -79.8% |
| Gross operating margin | 9900 | €146,924 | €132,628 | -€14,296 | -9.7% |
| Operating profit (loss) | 9901 | €24,880 | €35,823 | +€10,944 | +44.0% |
| Financial income | 75/76B | €2,891 | €6,403 | +€3,512 | +121% |
| Recurring financial income | 75 | €2,891 | €6,403 | +€3,512 | +121% |
| Financial charges | 65/66B | €3,325 | €2,931 | -€394 | -11.8% |
| Recurring financial charges | 65 | €3,325 | €2,931 | -€394 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €24,446 | €39,295 | +€14,849 | +60.7% |
| Income taxes | 67/77 | €9,280 | €13,831 | +€4,552 | +49.1% |
| Profit (loss) for the period | 9904 | €15,166 | €25,464 | +€10,298 | +67.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,166 | €25,464 | +€10,298 | +67.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.