HailSolutions: 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.
HailSolutions
Largest movements
- Cash -€132,536
down €132,536 (-66.3%), from €199,917 to €67,381
mainly Receivables within one year (-€68,837) and Debts after one year (-€55,861)
- Receivables within one year +€68,837
up €68,837 (+92.2%), from €74,648 to €143,485
of which Trade receivables: +€53,412
- Debts after one year -€55,861
no longer reported in 2025 (was €55,861)
- Current portion of long-term debt -€14,905
down €14,905 (-94.2%), from €15,827 to €922
- Other debts +€11,567
up €11,567 (+99.6%), from €11,616 to €23,184
- Reserves +€6,758
up €6,758 (+1.8%), from €368,827 to €375,586
of which Distributable reserves: +€6,758
- Staff costs +€40,417
up €40,417 (+34.5%), from €117,116 to €157,534
- Gross operating margin -€14,419
down €14,419 (-5.3%), from €271,177 to €256,758
- Taxes -€12,915
down €12,915 (-43.3%), from €29,819 to €16,903
- Depreciation -€6,198
down €6,198 (-12.3%), from €50,465 to €44,267
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 | €496,180 | €436,763 | -€59,417 | -12.0% |
| Fixed assets | 21/28 | €209,075 | €212,909 | +€3,834 | +1.8% |
| Tangible fixed assets | 22/27 | €209,075 | €212,909 | +€3,834 | +1.8% |
| Land and buildings | 22 | €111,492 | €98,105 | -€13,386 | -12.0% |
| Plant, machinery and equipment | 23 | €19,198 | €15,302 | -€3,895 | -20.3% |
| Furniture and vehicles | 24 | €78,386 | €99,501 | +€21,116 | +26.9% |
| Current assets | 29/58 | €287,105 | €223,854 | -€63,251 | -22.0% |
| Amounts receivable within one year | 40/41 | €74,648 | €143,485 | +€68,837 | +92.2% |
| Trade receivables | 40 | €74,467 | €127,878 | +€53,412 | +71.7% |
| Other amounts receivable | 41 | €181 | €15,607 | +€15,425 | +8,505% |
| Cash at bank and in hand | 54/58 | €199,917 | €67,381 | -€132,536 | -66.3% |
| Deferred charges and accrued income | 490/1 | €12,540 | €12,988 | +€448 | +3.6% |
| Total equity and liabilities | 10/49 | €496,180 | €436,763 | -€59,417 | -12.0% |
| Equity | 10/15 | €375,027 | €381,786 | +€6,758 | +1.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €368,827 | €375,586 | +€6,758 | +1.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €366,967 | €373,726 | +€6,758 | +1.8% |
| Amounts payable | 17/49 | €121,152 | €54,978 | -€66,175 | -54.6% |
| Amounts payable after more than one year | 17 | €55,861 | - | -€55,861 | |
| Financial debts | 170/4 | €55,861 | - | -€55,861 | |
| Amounts payable within one year | 42/48 | €65,292 | €54,978 | -€10,314 | -15.8% |
| Current portion of amounts payable after more than one year | 42 | €15,827 | €922 | -€14,905 | -94.2% |
| Trade debts | 44 | €14,091 | €10,073 | -€4,018 | -28.5% |
| Suppliers | 440/4 | €14,091 | €10,073 | -€4,018 | -28.5% |
| Taxes, remuneration and social security | 45 | €23,757 | €20,799 | -€2,958 | -12.5% |
| Taxes | 450/3 | €13,350 | €6,987 | -€6,363 | -47.7% |
| Remuneration and social security | 454/9 | €10,407 | €13,812 | +€3,405 | +32.7% |
| Other amounts payable | 47/48 | €11,616 | €23,184 | +€11,567 | +99.6% |
| Non-recurring operating income | 76A | - | €18,152 | +€18,152 | |
| Remuneration, social security and pensions | 62 | €117,116 | €157,534 | +€40,417 | +34.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,465 | €44,267 | -€6,198 | -12.3% |
| Other operating charges | 640/8 | €4,155 | €3,841 | -€314 | -7.6% |
| Gross operating margin | 9900 | €271,177 | €256,758 | -€14,419 | -5.3% |
| Operating profit (loss) | 9901 | €99,440 | €51,116 | -€48,324 | -48.6% |
| Financial income | 75/76B | - | €240 | +€240 | |
| Recurring financial income | 75 | - | €240 | +€240 | |
| Financial charges | 65/66B | €1,488 | €123 | -€1,365 | -91.7% |
| Recurring financial charges | 65 | €1,488 | €123 | -€1,365 | -91.7% |
| Profit (loss) for the period before taxes | 9903 | €97,952 | €51,233 | -€46,719 | -47.7% |
| Income taxes | 67/77 | €29,819 | €16,903 | -€12,915 | -43.3% |
| Profit (loss) for the period | 9904 | €68,133 | €34,330 | -€33,803 | -49.6% |
| Profit (loss) for the period to be appropriated | 9905 | €68,133 | €34,330 | -€33,803 | -49.6% |
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 24 October 2026 via checked.be.