HOKAHEI: what changed
HOKAHEI
Largest movements
- Cash -€10,737
down €10,737 (-10.1%), from €106,583 to €95,845
mainly Other debts (-€127,851) and Investment in fixed assets (net) (-€4,706)
- Receivables within one year -€4,063
down €4,063 (-14.3%), from €28,489 to €24,426
of which Trade receivables: -€14,557
- Tangible fixed assets -€2,716
down €2,716 (-14.1%), from €19,315 to €16,599
of which Other tangible fixed assets: -€2,858
- Other debts -€127,851
down €127,851 (-95.8%), from €133,413 to €5,562
- Profit (loss) carried forward +€84,160
new in 2025: €84,160
- Tax, wage and social debts +€20,335
up €20,335 (+24,545%), from €83 to €20,418
- Trade debts +€5,362
up €5,362 (+163%), from €3,282 to €8,644
- Gross operating margin -€61,986
down €61,986 (-34.0%), from €182,475 to €120,489
- Taxes -€16,510
down €16,510 (-41.4%), from €39,914 to €23,405
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 | €157,238 | €139,244 | -€17,994 | -11.4% |
| Fixed assets | 21/28 | €19,315 | €16,599 | -€2,716 | -14.1% |
| Tangible fixed assets | 22/27 | €19,315 | €16,599 | -€2,716 | -14.1% |
| Plant, machinery and equipment | 23 | €5,475 | €5,888 | +€413 | +7.5% |
| Furniture and vehicles | 24 | €724 | €453 | -€271 | -37.4% |
| Other tangible fixed assets | 26 | €13,116 | €10,257 | -€2,858 | -21.8% |
| Current assets | 29/58 | €137,923 | €122,645 | -€15,278 | -11.1% |
| Amounts receivable within one year | 40/41 | €28,489 | €24,426 | -€4,063 | -14.3% |
| Trade receivables | 40 | €14,557 | - | -€14,557 | |
| Other amounts receivable | 41 | €13,932 | €24,426 | +€10,494 | +75.3% |
| Cash at bank and in hand | 54/58 | €106,583 | €95,845 | -€10,737 | -10.1% |
| Deferred charges and accrued income | 490/1 | €2,852 | €2,374 | -€477 | -16.7% |
| Total equity and liabilities | 10/49 | €157,238 | €139,244 | -€17,994 | -11.4% |
| Equity | 10/15 | €20,460 | €104,620 | +€84,160 | +411% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €84,160 | +€84,160 | |
| Amounts payable | 17/49 | €136,778 | €34,624 | -€102,154 | -74.7% |
| Amounts payable within one year | 42/48 | €136,778 | €34,624 | -€102,154 | -74.7% |
| Trade debts | 44 | €3,282 | €8,644 | +€5,362 | +163% |
| Suppliers | 440/4 | €3,282 | €8,644 | +€5,362 | +163% |
| Taxes, remuneration and social security | 45 | €83 | €20,418 | +€20,335 | +24,545% |
| Taxes | 450/3 | €83 | €20,418 | +€20,335 | +24,545% |
| Other amounts payable | 47/48 | €133,413 | €5,562 | -€127,851 | -95.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,491 | €7,422 | +€931 | +14.3% |
| Other operating charges | 640/8 | €1,875 | €2,683 | +€809 | +43.1% |
| Gross operating margin | 9900 | €182,475 | €120,489 | -€61,986 | -34.0% |
| Operating profit (loss) | 9901 | €174,109 | €110,384 | -€63,725 | -36.6% |
| Financial charges | 65/66B | €163 | €820 | +€657 | +402% |
| Recurring financial charges | 65 | €163 | €820 | +€657 | +402% |
| Profit (loss) for the period before taxes | 9903 | €173,946 | €109,564 | -€64,382 | -37.0% |
| Income taxes | 67/77 | €39,914 | €23,405 | -€16,510 | -41.4% |
| Profit (loss) for the period | 9904 | €134,031 | €86,160 | -€47,872 | -35.7% |
| Profit (loss) for the period to be appropriated | 9905 | €134,031 | €86,160 | -€47,872 | -35.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.