HBITC: 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.
HBITC
Largest movements
- Receivables within one year -€32,192
down €32,192 (-50.7%), from €63,497 to €31,306
of which Trade receivables: -€42,192
- Cash -€19,875
down €19,875 (-22.0%), from €90,191 to €70,316
mainly Net result for the year (-€27,825) and Debts after one year (-€25,425)
- Tangible fixed assets -€13,228
down €13,228 (-3.9%), from €335,020 to €321,792
of which Land and buildings: -€8,436
- Profit (loss) carried forward -€27,825
down €27,825 (-20.4%), from €136,509 to €108,684
- Debts after one year -€25,425
down €25,425 (-14.8%), from €171,823 to €146,397
- Tax, wage and social debts -€14,321
down €14,321 (-38.2%), from €37,519 to €23,198
of which Taxes: -€9,868
- Current portion of long-term debt +€12,789
new in 2025: €12,789
- Trade debts -€9,426
down €9,426 (-46.1%), from €20,454 to €11,028
- Gross operating margin -€93,530
down €93,530 (-94.1%), from €99,433 to €5,903
- Taxes -€15,112
down €15,112, from €15,040 to -€72
- Staff costs -€12,369
down €12,369 (-41.8%), from €29,566 to €17,197
- Other operating charges -€1,649
down €1,649 (-58.8%), from €2,804 to €1,155
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 | €488,708 | €423,414 | -€65,295 | -13.4% |
| Fixed assets | 21/28 | €335,020 | €321,792 | -€13,228 | -3.9% |
| Tangible fixed assets | 22/27 | €335,020 | €321,792 | -€13,228 | -3.9% |
| Land and buildings | 22 | €312,293 | €303,857 | -€8,436 | -2.7% |
| Plant, machinery and equipment | 23 | €2,297 | €1,498 | -€798 | -34.8% |
| Furniture and vehicles | 24 | €20,430 | €16,437 | -€3,993 | -19.5% |
| Current assets | 29/58 | €153,689 | €101,622 | -€52,067 | -33.9% |
| Amounts receivable within one year | 40/41 | €63,497 | €31,306 | -€32,192 | -50.7% |
| Trade receivables | 40 | €63,487 | €21,295 | -€42,192 | -66.5% |
| Other amounts receivable | 41 | €10 | €10,010 | +€10,000 | +97,182% |
| Cash at bank and in hand | 54/58 | €90,191 | €70,316 | -€19,875 | -22.0% |
| Total equity and liabilities | 10/49 | €488,708 | €423,414 | -€65,295 | -13.4% |
| Equity | 10/15 | €252,034 | €224,209 | -€27,825 | -11.0% |
| Contributions | 10/11 | €8,100 | €8,100 | = | 0.0% |
| Reserves | 13 | €107,424 | €107,424 | = | 0.0% |
| Non-distributable reserves | 130/1 | €107,424 | €107,424 | = | 0.0% |
| Other | 1319 | €107,424 | €107,424 | = | 0.0% |
| Profit (loss) carried forward | 14 | €136,509 | €108,684 | -€27,825 | -20.4% |
| Amounts payable | 17/49 | €236,675 | €199,205 | -€37,470 | -15.8% |
| Amounts payable after more than one year | 17 | €171,823 | €146,397 | -€25,425 | -14.8% |
| Financial debts | 170/4 | €171,823 | €146,397 | -€25,425 | -14.8% |
| Amounts payable within one year | 42/48 | €64,852 | €52,808 | -€12,044 | -18.6% |
| Current portion of amounts payable after more than one year | 42 | - | €12,789 | +€12,789 | |
| Trade debts | 44 | €20,454 | €11,028 | -€9,426 | -46.1% |
| Suppliers | 440/4 | €20,454 | €11,028 | -€9,426 | -46.1% |
| Taxes, remuneration and social security | 45 | €37,519 | €23,198 | -€14,321 | -38.2% |
| Taxes | 450/3 | €20,035 | €10,167 | -€9,868 | -49.3% |
| Remuneration and social security | 454/9 | €17,484 | €13,031 | -€4,454 | -25.5% |
| Other amounts payable | 47/48 | €6,879 | €5,793 | -€1,086 | -15.8% |
| Remuneration, social security and pensions | 62 | €29,566 | €17,197 | -€12,369 | -41.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,989 | €13,228 | -€761 | -5.4% |
| Other operating charges | 640/8 | €2,804 | €1,155 | -€1,649 | -58.8% |
| Gross operating margin | 9900 | €99,433 | €5,903 | -€93,530 | -94.1% |
| Operating profit (loss) | 9901 | €53,074 | -€25,677 | -€78,751 | |
| Financial income | 75/76B | €73 | €158 | +€85 | +116% |
| Recurring financial income | 75 | €73 | €158 | +€85 | +116% |
| Financial charges | 65/66B | €2,609 | €2,378 | -€231 | -8.8% |
| Recurring financial charges | 65 | €2,609 | €2,378 | -€231 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €50,538 | -€27,897 | -€78,435 | |
| Income taxes | 67/77 | €15,040 | -€72 | -€15,112 | |
| Profit (loss) for the period | 9904 | €35,498 | -€27,825 | -€63,323 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,498 | -€27,825 | -€63,323 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.