HAK CONCEPT: what changed
What changed
HAK CONCEPT
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
filed annual accounts (NBB)
Net result for the year
-€50,048
2024 · -€66,112+€16,064
Equity
-€80,940
2024 · -€30,892-€50,048
Cash
€97,223
2024 · €72,391+€24,832
Balance sheet total
€333,854
2024 · €353,433-€19,579
Largest movements
Assets
- Tangible fixed assets -€36,857
down €36,857 (-18.8%), from €196,131 to €159,274
of which Plant, machinery and equipment: -€31,300
- Cash +€24,832
up €24,832 (+34.3%), from €72,391 to €97,223
mainly Trade debts (+€56,101) and Depreciation (+€36,857)
- Deferred charges and accrued income -€11,047
down €11,047 (-48.4%), from €22,847 to €11,800
Equity and liabilities
- Trade debts +€56,101
up €56,101 (+29.7%), from €188,976 to €245,078
- Profit (loss) carried forward -€50,048
down €50,048 (-139%), from -€35,892 to -€85,940
- Debts after one year -€37,991
down €37,991 (-31.5%), from €120,714 to €82,722
- Other debts +€4,905
up €4,905 (+22.0%), from €22,274 to €27,179
- Current portion of long-term debt +€3,940
up €3,940 (+10.8%), from €36,435 to €40,375
Income statement
- Staff costs -€36,662
down €36,662 (-19.9%), from €184,231 to €147,569
- Gross operating margin -€19,360
down €19,360 (-10.8%), from €179,285 to €159,924
- Financial charges +€3,662
up €3,662 (+19.0%), from €19,284 to €22,946
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.
Result 2024
-€66,112
Gross operating margin
-€19,360
Staff costs
+€36,662
Depreciation
+€827
Other operating charges
+€62
Other operating items
+€1,458
Financial income
+€126
Financial charges
-€3,662
Taxes
-€49
Result 2025
-€50,048
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€58,883
Investment
€0
Financing
-€34,051
Cash 2024
€72,391
From operations (derived)
+€58,883
Net result for the year
-€50,048
Depreciation
+€36,857
Stocks and contracts
-€500
Receivables within one year
-€2,993
Deferred charges and accrued income
+€11,047
Trade debts
+€56,101
Tax, wage and social debts
+€3,514
Other debts
+€4,905
Financing
-€34,051
Debts after one year
-€37,991
Current portion of long-term debt
+€3,940
Cash 2025
€97,223
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €353,433 | €333,854 | -€19,579 | -5.5% |
| Fixed assets | 21/28 | €196,131 | €159,274 | -€36,857 | -18.8% |
| Tangible fixed assets | 22/27 | €196,131 | €159,274 | -€36,857 | -18.8% |
| Land and buildings | 22 | €28,625 | €24,615 | -€4,011 | -14.0% |
| Plant, machinery and equipment | 23 | €164,909 | €133,608 | -€31,300 | -19.0% |
| Furniture and vehicles | 24 | €2,597 | €1,051 | -€1,546 | -59.5% |
| Current assets | 29/58 | €157,302 | €174,580 | +€17,278 | +11.0% |
| Stocks and contracts in progress | 3 | €59,267 | €59,767 | +€500 | +0.8% |
| Stocks | 30/36 | €59,267 | €59,767 | +€500 | +0.8% |
| Amounts receivable within one year | 40/41 | €2,797 | €5,790 | +€2,993 | +107% |
| Other amounts receivable | 41 | €2,797 | €5,790 | +€2,993 | +107% |
| Cash at bank and in hand | 54/58 | €72,391 | €97,223 | +€24,832 | +34.3% |
| Deferred charges and accrued income | 490/1 | €22,847 | €11,800 | -€11,047 | -48.4% |
| Total equity and liabilities | 10/49 | €353,433 | €333,854 | -€19,579 | -5.5% |
| Equity | 10/15 | -€30,892 | -€80,940 | -€50,048 | -162% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,892 | -€85,940 | -€50,048 | -139% |
| Amounts payable | 17/49 | €384,324 | €414,794 | +€30,469 | +7.9% |
| Amounts payable after more than one year | 17 | €120,714 | €82,722 | -€37,991 | -31.5% |
| Financial debts | 170/4 | €120,714 | €82,722 | -€37,991 | -31.5% |
| Amounts payable within one year | 42/48 | €263,611 | €332,071 | +€68,461 | +26.0% |
| Current portion of amounts payable after more than one year | 42 | €36,435 | €40,375 | +€3,940 | +10.8% |
| Trade debts | 44 | €188,976 | €245,078 | +€56,101 | +29.7% |
| Suppliers | 440/4 | €188,976 | €245,078 | +€56,101 | +29.7% |
| Taxes, remuneration and social security | 45 | €15,925 | €19,439 | +€3,514 | +22.1% |
| Taxes | 450/3 | €1,866 | €191 | -€1,675 | -89.8% |
| Remuneration and social security | 454/9 | €14,060 | €19,248 | +€5,188 | +36.9% |
| Other amounts payable | 47/48 | €22,274 | €27,179 | +€4,905 | +22.0% |
| Remuneration, social security and pensions | 62 | €184,231 | €147,569 | -€36,662 | -19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,685 | €36,857 | -€827 | -2.2% |
| Other operating charges | 640/8 | €2,735 | €2,673 | -€62 | -2.3% |
| Non-recurring operating charges | 66A | €1,463 | €5 | -€1,458 | -99.7% |
| Gross operating margin | 9900 | €179,285 | €159,924 | -€19,360 | -10.8% |
| Operating profit (loss) | 9901 | -€46,829 | -€27,179 | +€19,649 | +42.0% |
| Financial income | 75/76B | - | €126 | +€126 | |
| Recurring financial income | 75 | - | €126 | +€126 | |
| Financial charges | 65/66B | €19,284 | €22,946 | +€3,662 | +19.0% |
| Recurring financial charges | 65 | €19,284 | €22,946 | +€3,662 | +19.0% |
| Profit (loss) for the period before taxes | 9903 | -€66,112 | -€49,999 | +€16,113 | +24.4% |
| Income taxes | 67/77 | - | €49 | +€49 | |
| Profit (loss) for the period | 9904 | -€66,112 | -€50,048 | +€16,064 | +24.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€66,112 | -€50,048 | +€16,064 | +24.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.