HKK GROUP: 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.
HKK GROUP
Largest movements
- Receivables after one year -€25,000
down €25,000 (-42.9%), from €58,259 to €33,259
- Cash +€4,041
up €4,041 (+299%), from €1,352 to €5,394
mainly Receivables after one year (+€25,000) and Receivables within one year (+€2,458)
- Receivables within one year -€2,458
no longer reported in 2025 (was €2,458)
- Tax, wage and social debts -€8,936
no longer reported in 2025 (was €8,936)
of which Taxes: -€7,256
- Profit (loss) carried forward -€7,499
down €7,499 (-50.8%), from €14,758 to €7,259
- Trade debts -€5,498
no longer reported in 2025 (was €5,498)
- Other debts -€1,264
down €1,264 (-6.2%), from €20,444 to €19,181
- Taxes +€5,824
new in 2025: €5,824
- Other operating charges +€1,515
new in 2025: €1,515
- Financial income +€219
new in 2025: €219
- Financial charges +€150
up €150 (+91.5%), from €164 to €314
- Gross operating margin -€66
new in 2025: -€66
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 | €70,316 | €46,899 | -€23,417 | -33.3% |
| Fixed assets | 21/28 | €8,246 | €8,246 | = | 0.0% |
| Tangible fixed assets | 22/27 | €8,246 | €8,246 | = | 0.0% |
| Plant, machinery and equipment | 23 | €2,405 | €2,405 | = | 0.0% |
| Furniture and vehicles | 24 | €5,841 | €5,841 | = | 0.0% |
| Current assets | 29/58 | €62,070 | €38,653 | -€23,417 | -37.7% |
| Amounts receivable after more than one year | 29 | €58,259 | €33,259 | -€25,000 | -42.9% |
| Trade receivables | 290 | €58,259 | €33,259 | -€25,000 | -42.9% |
| Amounts receivable within one year | 40/41 | €2,458 | - | -€2,458 | |
| Trade receivables | 40 | €2,458 | - | -€2,458 | |
| Cash at bank and in hand | 54/58 | €1,352 | €5,394 | +€4,041 | +299% |
| Total equity and liabilities | 10/49 | €70,316 | €46,899 | -€23,417 | -33.3% |
| Equity | 10/15 | €35,218 | €27,719 | -€7,499 | -21.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,758 | €7,259 | -€7,499 | -50.8% |
| Amounts payable | 17/49 | €35,098 | €19,181 | -€15,917 | -45.4% |
| Amounts payable within one year | 42/48 | €35,098 | €19,181 | -€15,917 | -45.4% |
| Current portion of amounts payable after more than one year | 42 | €219 | - | -€219 | |
| Trade debts | 44 | €5,498 | - | -€5,498 | |
| Suppliers | 440/4 | €5,498 | - | -€5,498 | |
| Taxes, remuneration and social security | 45 | €8,936 | - | -€8,936 | |
| Taxes | 450/3 | €7,256 | - | -€7,256 | |
| Remuneration and social security | 454/9 | €1,680 | - | -€1,680 | |
| Other amounts payable | 47/48 | €20,444 | €19,181 | -€1,264 | -6.2% |
| Other operating charges | 640/8 | - | €1,515 | +€1,515 | |
| Gross operating margin | 9900 | - | -€66 | -€66 | |
| Operating profit (loss) | 9901 | - | -€1,580 | -€1,580 | |
| Financial income | 75/76B | - | €219 | +€219 | |
| Recurring financial income | 75 | - | €219 | +€219 | |
| Financial charges | 65/66B | €164 | €314 | +€150 | +91.5% |
| Recurring financial charges | 65 | €164 | €314 | +€150 | +91.5% |
| Profit (loss) for the period before taxes | 9903 | -€164 | -€1,675 | -€1,511 | -922% |
| Income taxes | 67/77 | - | €5,824 | +€5,824 | |
| Profit (loss) for the period | 9904 | -€164 | -€7,499 | -€7,335 | -4,475% |
| Profit (loss) for the period to be appropriated | 9905 | -€164 | -€7,499 | -€7,335 | -4,475% |
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.