H.I.M.: 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.M.
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Cash -€86,074
down €86,074 (-76.2%), from €112,997 to €26,923
mainly Current investments (-€100,000) and Receivables within one year (-€2,701)
- Other debts +€7,542
up €7,542 (+2.7%), from €278,870 to €286,412
- Financial charges +€7,340
up €7,340 (+1,101%), from €667 to €8,007
- Financial income -€5,539
down €5,539 (-32.6%), from €16,980 to €11,441
- Taxes -€3,065
down €3,065 (-52.0%), from €5,900 to €2,835
- Gross operating margin +€2,190
up €2,190 (+13.1%), from €16,701 to €18,891
- Other operating charges +€339
up €339 (+3.1%), from €10,824 to €11,164
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 | €720,932 | €735,321 | +€14,389 | +2.0% |
| Fixed assets | 21/28 | €35,760 | €33,206 | -€2,554 | -7.1% |
| Tangible fixed assets | 22/27 | €35,760 | €33,206 | -€2,554 | -7.1% |
| Land and buildings | 22 | €35,760 | €33,206 | -€2,554 | -7.1% |
| Current assets | 29/58 | €685,172 | €702,116 | +€16,943 | +2.5% |
| Amounts receivable within one year | 40/41 | €570,511 | €573,213 | +€2,701 | +0.5% |
| Other amounts receivable | 41 | €570,511 | €573,213 | +€2,701 | +0.5% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €112,997 | €26,923 | -€86,074 | -76.2% |
| Deferred charges and accrued income | 490/1 | €1,664 | €1,980 | +€315 | +18.9% |
| Total equity and liabilities | 10/49 | €720,932 | €735,321 | +€14,389 | +2.0% |
| Equity | 10/15 | €441,242 | €447,016 | +€5,773 | +1.3% |
| Contributions | 10/11 | €31,013 | €31,013 | = | 0.0% |
| Reserves | 13 | €410,229 | €416,003 | +€5,773 | +1.4% |
| Distributable reserves | 133 | €410,229 | €416,003 | +€5,773 | +1.4% |
| Amounts payable | 17/49 | €279,690 | €288,305 | +€8,615 | +3.1% |
| Amounts payable within one year | 42/48 | €279,690 | €288,305 | +€8,615 | +3.1% |
| Trade debts | 44 | €720 | €694 | -€26 | -3.6% |
| Suppliers | 440/4 | €720 | €694 | -€26 | -3.6% |
| Taxes, remuneration and social security | 45 | €100 | €1,200 | +€1,100 | +1,100% |
| Taxes | 450/3 | €100 | €1,200 | +€1,100 | +1,100% |
| Other amounts payable | 47/48 | €278,870 | €286,412 | +€7,542 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,554 | €2,554 | = | 0.0% |
| Other operating charges | 640/8 | €10,824 | €11,164 | +€339 | +3.1% |
| Gross operating margin | 9900 | €16,701 | €18,891 | +€2,190 | +13.1% |
| Operating profit (loss) | 9901 | €3,322 | €5,174 | +€1,851 | +55.7% |
| Financial income | 75/76B | €16,980 | €11,441 | -€5,539 | -32.6% |
| Recurring financial income | 75 | €16,980 | €11,441 | -€5,539 | -32.6% |
| Financial charges | 65/66B | €667 | €8,007 | +€7,340 | +1,101% |
| Recurring financial charges | 65 | €667 | €8,007 | +€7,340 | +1,101% |
| Profit (loss) for the period before taxes | 9903 | €19,636 | €8,608 | -€11,028 | -56.2% |
| Income taxes | 67/77 | €5,900 | €2,835 | -€3,065 | -52.0% |
| Profit (loss) for the period | 9904 | €13,736 | €5,773 | -€7,962 | -58.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,736 | €5,773 | -€7,962 | -58.0% |
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 19 October 2026 via checked.be.