HI-ANT: 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.
HI-ANT
Largest movements
- Receivables within one year +€27,433
up €27,433 (+171%), from €16,086 to €43,518
of which Other amounts receivable: +€30,040
- Tangible fixed assets +€3,126
up €3,126 (+28.4%), from €10,999 to €14,125
of which Plant, machinery and equipment: +€3,863
- Deferred charges and accrued income +€1,865
up €1,865 (+200%), from €933 to €2,798
- Reserves +€20,409
new in 2025: €20,409
- Tax, wage and social debts +€8,525
up €8,525 (+119%), from €7,182 to €15,707
- Trade debts +€6,768
up €6,768 (+72.0%), from €9,395 to €16,164
- Profit (loss) carried forward -€3,420
down €3,420 (-100%), from €3,420 to €0
- Gross operating margin +€24,749
up €24,749 (+964%), from €2,568 to €27,317
- Financial charges +€3,898
up €3,898 (+289%), from €1,348 to €5,246
- Taxes +€3,337
up €3,337 (+221%), from €1,511 to €4,848
- Financial income +€1,952
new in 2025: €1,952
- Depreciation +€652
up €652 (+105%), from €621 to €1,274
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 | €28,020 | €60,450 | +€32,430 | +116% |
| Fixed assets | 21/28 | €10,999 | €14,125 | +€3,126 | +28.4% |
| Tangible fixed assets | 22/27 | €10,999 | €14,125 | +€3,126 | +28.4% |
| Plant, machinery and equipment | 23 | €4,037 | €7,901 | +€3,863 | +95.7% |
| Other tangible fixed assets | 26 | €6,962 | €6,225 | -€737 | -10.6% |
| Current assets | 29/58 | €17,021 | €46,325 | +€29,304 | +172% |
| Amounts receivable within one year | 40/41 | €16,086 | €43,518 | +€27,433 | +171% |
| Trade receivables | 40 | €9,738 | €7,130 | -€2,608 | -26.8% |
| Other amounts receivable | 41 | €6,348 | €36,388 | +€30,040 | +473% |
| Current investments | 50/53 | - | €0 | +€0 | |
| Cash at bank and in hand | 54/58 | €2 | €8 | +€6 | +258% |
| Deferred charges and accrued income | 490/1 | €933 | €2,798 | +€1,865 | +200% |
| Total equity and liabilities | 10/49 | €28,020 | €60,450 | +€32,430 | +116% |
| Equity | 10/15 | €8,420 | €25,409 | +€16,989 | +202% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €20,409 | +€20,409 | |
| Distributable reserves | 133 | - | €20,409 | +€20,409 | |
| Profit (loss) carried forward | 14 | €3,420 | €0 | -€3,420 | -100% |
| Amounts payable | 17/49 | €19,600 | €35,041 | +€15,442 | +78.8% |
| Amounts payable within one year | 42/48 | €19,600 | €35,041 | +€15,442 | +78.8% |
| Financial debts | 43 | €3,022 | €3,171 | +€149 | +4.9% |
| Credit institutions | 430/8 | €3,022 | €3,171 | +€149 | +4.9% |
| Trade debts | 44 | €9,395 | €16,164 | +€6,768 | +72.0% |
| Suppliers | 440/4 | €9,395 | €16,164 | +€6,768 | +72.0% |
| Taxes, remuneration and social security | 45 | €7,182 | €15,707 | +€8,525 | +119% |
| Taxes | 450/3 | €7,182 | €15,707 | +€8,525 | +119% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €66 | €0 | -€66 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €621 | €1,274 | +€652 | +105% |
| Other operating charges | 640/8 | €638 | €912 | +€274 | +43.0% |
| Gross operating margin | 9900 | €2,568 | €27,317 | +€24,749 | +964% |
| Operating profit (loss) | 9901 | €1,309 | €25,131 | +€23,822 | +1,820% |
| Financial income | 75/76B | - | €1,952 | +€1,952 | |
| Recurring financial income | 75 | - | €1,952 | +€1,952 | |
| Financial charges | 65/66B | €1,348 | €5,246 | +€3,898 | +289% |
| Recurring financial charges | 65 | €1,348 | €5,246 | +€3,898 | +289% |
| Profit (loss) for the period before taxes | 9903 | -€39 | €21,837 | +€21,876 | |
| Income taxes | 67/77 | €1,511 | €4,848 | +€3,337 | +221% |
| Profit (loss) for the period | 9904 | -€1,550 | €16,989 | +€18,539 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,550 | €16,989 | +€18,539 |
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 15 October 2026 via checked.be.