H.IT: 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.
H.IT
Largest movements
- Tangible fixed assets -€61,803
down €61,803 (-19.7%), from €314,164 to €252,361
of which Plant, machinery and equipment: -€42,198
- Cash +€47,751
up €47,751 (+49.9%), from €95,752 to €143,503
mainly Depreciation (+€64,967) and Other debts (+€11,629)
- Deferred charges and accrued income +€4,669
up €4,669, from €0 to €4,669
- Debts after one year -€24,644
down €24,644 (-41.6%), from €59,172 to €34,528
- Other debts +€11,629
up €11,629 (+2.3%), from €514,650 to €526,279
- Gross operating margin +€21,402
up €21,402 (+14.4%), from €148,168 to €169,570
- Staff costs +€18,720
up €18,720 (+25.7%), from €72,790 to €91,510
- Depreciation -€14,574
down €14,574 (-18.3%), from €79,541 to €64,967
- Financial charges -€6,216
down €6,216 (-37.6%), from €16,547 to €10,331
- Other operating charges -€1,763
down €1,763 (-37.4%), from €4,716 to €2,954
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 | €424,604 | €414,734 | -€9,870 | -2.3% |
| Fixed assets | 21/28 | €321,148 | €258,967 | -€62,182 | -19.4% |
| Intangible fixed assets | 21 | €6,984 | €6,605 | -€379 | -5.4% |
| Tangible fixed assets | 22/27 | €314,164 | €252,361 | -€61,803 | -19.7% |
| Land and buildings | 22 | €102,294 | €91,417 | -€10,877 | -10.6% |
| Plant, machinery and equipment | 23 | €182,214 | €140,015 | -€42,198 | -23.2% |
| Other tangible fixed assets | 26 | €29,657 | €20,929 | -€8,727 | -29.4% |
| Current assets | 29/58 | €103,456 | €155,767 | +€52,311 | +50.6% |
| Stocks and contracts in progress | 3 | €4,600 | €7,342 | +€2,742 | +59.6% |
| Stocks | 30/36 | €4,600 | €7,342 | +€2,742 | +59.6% |
| Amounts receivable within one year | 40/41 | €3,104 | €253 | -€2,851 | -91.9% |
| Trade receivables | 40 | €3,104 | €253 | -€2,851 | -91.9% |
| Cash at bank and in hand | 54/58 | €95,752 | €143,503 | +€47,751 | +49.9% |
| Deferred charges and accrued income | 490/1 | €0 | €4,669 | +€4,669 | |
| Total equity and liabilities | 10/49 | €424,604 | €414,734 | -€9,870 | -2.3% |
| Equity | 10/15 | -€209,766 | -€209,958 | -€192 | -0.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€239,766 | -€239,958 | -€192 | -0.1% |
| Amounts payable | 17/49 | €634,371 | €624,692 | -€9,679 | -1.5% |
| Amounts payable after more than one year | 17 | €59,172 | €34,528 | -€24,644 | -41.6% |
| Financial debts | 170/4 | €59,172 | €34,528 | -€24,644 | -41.6% |
| Amounts payable within one year | 42/48 | €574,450 | €590,164 | +€15,714 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | €23,620 | €24,644 | +€1,024 | +4.3% |
| Trade debts | 44 | €29,082 | €30,682 | +€1,600 | +5.5% |
| Suppliers | 440/4 | €29,082 | €30,682 | +€1,600 | +5.5% |
| Taxes, remuneration and social security | 45 | €7,097 | €8,558 | +€1,461 | +20.6% |
| Remuneration and social security | 454/9 | €7,097 | €8,558 | +€1,461 | +20.6% |
| Other amounts payable | 47/48 | €514,650 | €526,279 | +€11,629 | +2.3% |
| Accrued charges and deferred income | 492/3 | €749 | €0 | -€749 | -100.0% |
| Remuneration, social security and pensions | 62 | €72,790 | €91,510 | +€18,720 | +25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,541 | €64,967 | -€14,574 | -18.3% |
| Other operating charges | 640/8 | €4,716 | €2,954 | -€1,763 | -37.4% |
| Non-recurring operating charges | 66A | €12,731 | €0 | -€12,731 | -100.0% |
| Gross operating margin | 9900 | €148,168 | €169,570 | +€21,402 | +14.4% |
| Operating profit (loss) | 9901 | -€21,611 | €10,140 | +€31,751 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -79.5% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -79.5% |
| Financial charges | 65/66B | €16,547 | €10,331 | -€6,216 | -37.6% |
| Recurring financial charges | 65 | €16,547 | €10,331 | -€6,216 | -37.6% |
| Profit (loss) for the period before taxes | 9903 | -€38,158 | -€192 | +€37,966 | +99.5% |
| Profit (loss) for the period | 9904 | -€38,158 | -€192 | +€37,966 | +99.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,158 | -€192 | +€37,966 | +99.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.