HOKU: what changed
Two fiscal 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.
HOKU
Largest movements
- Tangible fixed assets +€205,337
up €205,337 (+13.8%), from €1.5m to €1.7m
- Trade debts +€277,043
up €277,043 (+3273.4%), from €8,464 to €285,507
- Debts after one year -€113,971
down €113,971 (-9.7%), from €1.2m to €1.1m
- Reserves +€37,702
up €37,702 (+20.0%), from €188,887 to €226,590
of which Distributable reserves: +€39,562
- Financial charges -€1,894
down €1,894 (-8.8%), from €21,509 to €19,615
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.
Cash bridge derived
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 | €1,496,767 | €1,692,052 | +€195,285 | +13.0% |
| Fixed assets | 21/28 | €1,484,674 | €1,690,011 | +€205,337 | +13.8% |
| Tangible fixed assets | 22/27 | €1,484,674 | €1,690,011 | +€205,337 | +13.8% |
| Land and buildings | 22 | €1,484,674 | €1,690,011 | +€205,337 | +13.8% |
| Current assets | 29/58 | €12,093 | €2,041 | -€10,052 | -83.1% |
| Cash at bank and in hand | 54/58 | €11,503 | €1,449 | -€10,054 | -87.4% |
| Deferred charges and accrued income | 490/1 | €590 | €592 | +€2 | +0.3% |
| Total equity and liabilities | 10/49 | €1,496,767 | €1,692,052 | +€195,285 | +13.0% |
| Equity | 10/15 | €195,087 | €232,790 | +€37,702 | +19.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €188,887 | €226,590 | +€37,702 | +20.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €187,027 | €226,590 | +€39,562 | +21.2% |
| Amounts payable | 17/49 | €1,301,680 | €1,459,262 | +€157,582 | +12.1% |
| Amounts payable after more than one year | 17 | €1,179,822 | €1,065,851 | -€113,971 | -9.7% |
| Financial debts | 170/4 | €1,179,822 | €1,065,851 | -€113,971 | -9.7% |
| Amounts payable within one year | 42/48 | €121,859 | €393,411 | +€271,553 | +222.8% |
| Current portion of amounts payable after more than one year | 42 | €95,482 | €106,378 | +€10,896 | +11.4% |
| Trade debts | 44 | €8,464 | €285,507 | +€277,043 | +3273.4% |
| Suppliers | 440/4 | €8,464 | €285,507 | +€277,043 | +3273.4% |
| Taxes, remuneration and social security | 45 | €17,913 | €1,527 | -€16,386 | -91.5% |
| Taxes | 450/3 | €17,913 | €1,527 | -€16,386 | -91.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,305 | €72,107 | -€198 | -0.3% |
| Other operating charges | 640/8 | €15,477 | €14,980 | -€496 | -3.2% |
| Gross operating margin | 9900 | €162,389 | €161,729 | -€661 | -0.4% |
| Operating profit (loss) | 9901 | €74,608 | €74,641 | +€33 | 0.0% |
| Financial charges | 65/66B | €21,509 | €19,615 | -€1,894 | -8.8% |
| Recurring financial charges | 65 | €21,509 | €19,615 | -€1,894 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €53,100 | €55,026 | +€1,927 | +3.6% |
| Income taxes | 67/77 | €17,710 | €17,324 | -€386 | -2.2% |
| Profit (loss) for the period | 9904 | €35,390 | €37,702 | +€2,313 | +6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,390 | €37,702 | +€2,313 | +6.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.