KH HURRICANE: 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.
KH HURRICANE
Largest movements
- Receivables within one year -€14,166
down €14,166 (-59.6%), from €23,766 to €9,600
of which Trade receivables: -€10,335
- Cash -€6,104
down €6,104 (-26.9%), from €22,659 to €16,555
mainly Net result for the year (-€21,755) and Current portion of long-term debt (-€7,615)
- Stocks and contracts -€1,707
down €1,707 (-4.3%), from €39,898 to €38,191
- Tangible fixed assets -€1,105
down €1,105 (-54.5%), from €2,028 to €923
- Profit (loss) carried forward -€21,755
down €21,755 (-32.1%), from €67,766 to €46,012
- Current portion of long-term debt -€7,615
no longer reported in 2025 (was €7,615)
- Trade debts +€4,114
up €4,114 (+94.5%), from €4,353 to €8,466
- Other debts +€3,780
up €3,780 (+139.1%), from €2,718 to €6,498
- Tax, wage and social debts -€1,494
down €1,494 (-9.8%), from €15,190 to €13,695
of which Remuneration and social security: -€1,267
- Gross operating margin -€42,786
down €42,786 (-80.0%), from €53,459 to €10,672
- Staff costs -€10,942
down €10,942 (-31.0%), from €35,263 to €24,321
- Taxes -€3,497
down €3,497 (-96.0%), from €3,641 to €144
- Financial charges -€733
down €733 (-11.7%), from €6,248 to €5,516
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 | €99,141 | €76,171 | -€22,970 | -23.2% |
| Fixed assets | 21/28 | €2,028 | €923 | -€1,105 | -54.5% |
| Tangible fixed assets | 22/27 | €2,028 | €923 | -€1,105 | -54.5% |
| Plant, machinery and equipment | 23 | €2,028 | €923 | -€1,105 | -54.5% |
| Current assets | 29/58 | €97,113 | €75,248 | -€21,865 | -22.5% |
| Stocks and contracts in progress | 3 | €39,898 | €38,191 | -€1,707 | -4.3% |
| Stocks | 30/36 | €39,898 | €38,191 | -€1,707 | -4.3% |
| Amounts receivable within one year | 40/41 | €23,766 | €9,600 | -€14,166 | -59.6% |
| Trade receivables | 40 | €19,906 | €9,571 | -€10,335 | -51.9% |
| Other amounts receivable | 41 | €3,859 | €29 | -€3,830 | -99.3% |
| Current investments | 50/53 | €3,100 | €3,100 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €22,659 | €16,555 | -€6,104 | -26.9% |
| Deferred charges and accrued income | 490/1 | €7,690 | €7,802 | +€112 | +1.5% |
| Total equity and liabilities | 10/49 | €99,141 | €76,171 | -€22,970 | -23.2% |
| Equity | 10/15 | €69,266 | €47,512 | -€21,755 | -31.4% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,766 | €46,012 | -€21,755 | -32.1% |
| Amounts payable | 17/49 | €29,875 | €28,660 | -€1,215 | -4.1% |
| Amounts payable within one year | 42/48 | €29,875 | €28,660 | -€1,215 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €7,615 | - | -€7,615 | |
| Trade debts | 44 | €4,353 | €8,466 | +€4,114 | +94.5% |
| Suppliers | 440/4 | €4,353 | €8,466 | +€4,114 | +94.5% |
| Taxes, remuneration and social security | 45 | €15,190 | €13,695 | -€1,494 | -9.8% |
| Taxes | 450/3 | €5,769 | €5,542 | -€227 | -3.9% |
| Remuneration and social security | 454/9 | €9,421 | €8,154 | -€1,267 | -13.4% |
| Other amounts payable | 47/48 | €2,718 | €6,498 | +€3,780 | +139.1% |
| Remuneration, social security and pensions | 62 | €35,263 | €24,321 | -€10,942 | -31.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,105 | €1,105 | = | 0.0% |
| Other operating charges | 640/8 | €1,777 | €1,392 | -€385 | -21.7% |
| Gross operating margin | 9900 | €53,459 | €10,672 | -€42,786 | -80.0% |
| Operating profit (loss) | 9901 | €15,313 | -€16,146 | -€31,459 | |
| Financial income | 75/76B | €541 | €51 | -€490 | -90.5% |
| Recurring financial income | 75 | €541 | €51 | -€490 | -90.5% |
| Financial charges | 65/66B | €6,248 | €5,516 | -€733 | -11.7% |
| Recurring financial charges | 65 | €6,248 | €5,516 | -€733 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €9,606 | -€21,610 | -€31,216 | |
| Income taxes | 67/77 | €3,641 | €144 | -€3,497 | -96.0% |
| Profit (loss) for the period | 9904 | €5,965 | -€21,755 | -€27,719 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,965 | -€21,755 | -€27,719 |
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 9 October 2026 via checked.be.