HCI IMMO: 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.
HCI IMMO
Largest movements
- Receivables within one year -€44,395
down €44,395 (-90.7%), from €48,930 to €4,535
- Cash -€4,053
down €4,053 (-98.2%), from €4,127 to €74
mainly Net result for the year (-€28,599) and Other debts (-€11,000)
- Profit (loss) carried forward -€28,599
down €28,599, from €532 to -€28,068
- Other debts -€11,000
down €11,000 (-70.5%), from €15,600 to €4,600
- Short-term financial debts -€10,220
no longer reported in 2025 (was €10,220)
- Trade debts +€973
up €973 (+16.7%), from €5,822 to €6,795
- Gross operating margin -€47,258
down €47,258, from €17,701 to -€29,557
- Taxes -€4,789
down €4,789, from €3,645 to -€1,144
- Financial charges -€940
down €940 (-73.2%), from €1,284 to €343
- Financial income +€325
up €325 (+141%), from €230 to €555
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 | €53,156 | €4,609 | -€48,546 | -91.3% |
| Current assets | 29/58 | €53,156 | €4,609 | -€48,546 | -91.3% |
| Amounts receivable within one year | 40/41 | €48,930 | €4,535 | -€44,395 | -90.7% |
| Other amounts receivable | 41 | €48,930 | €4,535 | -€44,395 | -90.7% |
| Cash at bank and in hand | 54/58 | €4,127 | €74 | -€4,053 | -98.2% |
| Deferred charges and accrued income | 490/1 | €99 | - | -€99 | |
| Total equity and liabilities | 10/49 | €53,156 | €4,609 | -€48,546 | -91.3% |
| Equity | 10/15 | €20,937 | -€7,663 | -€28,599 | |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €532 | -€28,068 | -€28,599 | |
| Amounts payable | 17/49 | €32,219 | €12,272 | -€19,947 | -61.9% |
| Amounts payable within one year | 42/48 | €31,642 | €11,395 | -€20,247 | -64.0% |
| Financial debts | 43 | €10,220 | - | -€10,220 | |
| Credit institutions | 430/8 | €10,220 | - | -€10,220 | |
| Trade debts | 44 | €5,822 | €6,795 | +€973 | +16.7% |
| Suppliers | 440/4 | €5,822 | €6,795 | +€973 | +16.7% |
| Other amounts payable | 47/48 | €15,600 | €4,600 | -€11,000 | -70.5% |
| Accrued charges and deferred income | 492/3 | €577 | €876 | +€300 | +52.0% |
| Non-recurring operating income | 76A | €696 | - | -€696 | |
| Other operating charges | 640/8 | €584 | €398 | -€186 | -31.8% |
| Non-recurring operating charges | 66A | €995 | - | -€995 | |
| Gross operating margin | 9900 | €17,701 | -€29,557 | -€47,258 | |
| Operating profit (loss) | 9901 | €16,122 | -€29,955 | -€46,077 | |
| Financial income | 75/76B | €230 | €555 | +€325 | +141% |
| Recurring financial income | 75 | €230 | €555 | +€325 | +141% |
| Financial charges | 65/66B | €1,284 | €343 | -€940 | -73.2% |
| Recurring financial charges | 65 | €1,284 | €343 | -€940 | -73.2% |
| Profit (loss) for the period before taxes | 9903 | €15,069 | -€29,744 | -€44,812 | |
| Income taxes | 67/77 | €3,645 | -€1,144 | -€4,789 | |
| Profit (loss) for the period | 9904 | €11,423 | -€28,599 | -€40,023 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,423 | -€28,599 | -€40,023 |
Source: filed annual accounts (NBB), financial years ended 29 September 2024 and 29 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.