H.I.L.: 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.
H.I.L.
Largest movements
- Cash +€10,390
up €10,390 (+803%), from €1,294 to €11,685
mainly Receivables within one year (+€10,089) and Depreciation (+€3,055)
- Receivables within one year -€10,089
down €10,089 (-44.5%), from €22,689 to €12,600
of which Trade receivables: -€20,789
- Tangible fixed assets -€3,055
down €3,055 (-3.6%), from €84,683 to €81,628
- Debts after one year -€6,738
down €6,738 (-29.7%), from €22,714 to €15,976
- Trade debts +€2,676
up €2,676 (+7.8%), from €34,216 to €36,892
- Other debts +€2,458
up €2,458 (+9.2%), from €26,796 to €29,255
- Tax, wage and social debts -€2,067
down €2,067 (-20.8%), from €9,918 to €7,852
- Gross operating margin -€5,204
down €5,204 (-21.9%), from €23,806 to €18,602
- Other operating charges -€1,250
down €1,250 (-10.4%), from €12,032 to €10,782
- Taxes -€551
down €551 (-21.8%), from €2,524 to €1,973
- Financial charges -€544
down €544 (-19.2%), from €2,835 to €2,291
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 | €108,665 | €105,912 | -€2,753 | -2.5% |
| Fixed assets | 21/28 | €84,683 | €81,628 | -€3,055 | -3.6% |
| Tangible fixed assets | 22/27 | €84,683 | €81,628 | -€3,055 | -3.6% |
| Land and buildings | 22 | €84,683 | €81,628 | -€3,055 | -3.6% |
| Current assets | 29/58 | €23,983 | €24,285 | +€302 | +1.3% |
| Amounts receivable within one year | 40/41 | €22,689 | €12,600 | -€10,089 | -44.5% |
| Trade receivables | 40 | €20,789 | - | -€20,789 | |
| Other amounts receivable | 41 | €1,900 | €12,600 | +€10,700 | +563% |
| Cash at bank and in hand | 54/58 | €1,294 | €11,685 | +€10,390 | +803% |
| Total equity and liabilities | 10/49 | €108,665 | €105,912 | -€2,753 | -2.5% |
| Equity | 10/15 | €8,655 | €9,201 | +€546 | +6.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,345 | -€20,799 | +€546 | +2.6% |
| Amounts payable | 17/49 | €100,011 | €96,711 | -€3,299 | -3.3% |
| Amounts payable after more than one year | 17 | €22,714 | €15,976 | -€6,738 | -29.7% |
| Financial debts | 170/4 | €22,714 | €15,976 | -€6,738 | -29.7% |
| Amounts payable within one year | 42/48 | €77,297 | €80,736 | +€3,439 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €6,367 | €6,738 | +€371 | +5.8% |
| Trade debts | 44 | €34,216 | €36,892 | +€2,676 | +7.8% |
| Suppliers | 440/4 | €34,216 | €36,892 | +€2,676 | +7.8% |
| Taxes, remuneration and social security | 45 | €9,918 | €7,852 | -€2,067 | -20.8% |
| Taxes | 450/3 | €9,918 | €7,852 | -€2,067 | -20.8% |
| Other amounts payable | 47/48 | €26,796 | €29,255 | +€2,458 | +9.2% |
| Remuneration, social security and pensions | 62 | €120 | €72 | -€48 | -40.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,013 | €3,055 | +€43 | +1.4% |
| Other operating charges | 640/8 | €12,032 | €10,782 | -€1,250 | -10.4% |
| Gross operating margin | 9900 | €23,806 | €18,602 | -€5,204 | -21.9% |
| Operating profit (loss) | 9901 | €8,642 | €4,693 | -€3,948 | -45.7% |
| Financial income | 75/76B | - | €116 | +€116 | |
| Recurring financial income | 75 | - | €116 | +€116 | |
| Financial charges | 65/66B | €2,835 | €2,291 | -€544 | -19.2% |
| Recurring financial charges | 65 | €2,835 | €2,291 | -€544 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | €5,807 | €2,519 | -€3,288 | -56.6% |
| Income taxes | 67/77 | €2,524 | €1,973 | -€551 | -21.8% |
| Profit (loss) for the period | 9904 | €3,283 | €546 | -€2,737 | -83.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,283 | €546 | -€2,737 | -83.4% |
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 23 October 2026 via checked.be.