HI-FIBER CONSTRUCT: 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-FIBER CONSTRUCT
Largest movements
- Receivables within one year +€21,773
up €21,773 (+240%), from €9,090 to €30,863
of which Trade receivables: +€21,153
- Tangible fixed assets +€6,396
up €6,396 (+2,164%), from €296 to €6,691
of which Furniture and vehicles: +€5,397
- Cash -€4,031
down €4,031 (-32.1%), from €12,539 to €8,508
mainly Receivables within one year (-€21,773) and Other debts (-€10,163)
- Deferred charges and accrued income -€737
down €737 (-45.5%), from €1,618 to €881
- Profit (loss) carried forward +€13,697
up €13,697 (+163%), from €8,401 to €22,098
- Trade debts +€12,714
new in 2025: €12,714
- Other debts -€10,163
down €10,163 (-81.3%), from €12,506 to €2,342
- Tax, wage and social debts +€7,154
up €7,154 (+271%), from €2,636 to €9,790
of which Remuneration and social security: +€6,000
- Gross operating margin +€5,031
up €5,031 (+34.8%), from €14,459 to €19,489
- Depreciation -€1,186
down €1,186 (-50.4%), from €2,353 to €1,167
- Taxes +€1,154
up €1,154 (+43.8%), from €2,636 to €3,790
- Other operating charges -€321
down €321 (-30.5%), from €1,052 to €731
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 | €23,543 | €46,944 | +€23,401 | +99.4% |
| Fixed assets | 21/28 | €296 | €6,691 | +€6,396 | +2,164% |
| Tangible fixed assets | 22/27 | €296 | €6,691 | +€6,396 | +2,164% |
| Plant, machinery and equipment | 23 | - | €998 | +€998 | |
| Furniture and vehicles | 24 | €296 | €5,693 | +€5,397 | +1,826% |
| Current assets | 29/58 | €23,247 | €40,252 | +€17,005 | +73.1% |
| Amounts receivable within one year | 40/41 | €9,090 | €30,863 | +€21,773 | +240% |
| Trade receivables | 40 | €8,576 | €29,730 | +€21,153 | +247% |
| Other amounts receivable | 41 | €514 | €1,133 | +€619 | +121% |
| Cash at bank and in hand | 54/58 | €12,539 | €8,508 | -€4,031 | -32.1% |
| Deferred charges and accrued income | 490/1 | €1,618 | €881 | -€737 | -45.5% |
| Total equity and liabilities | 10/49 | €23,543 | €46,944 | +€23,401 | +99.4% |
| Equity | 10/15 | €8,401 | €22,098 | +€13,697 | +163% |
| Profit (loss) carried forward | 14 | €8,401 | €22,098 | +€13,697 | +163% |
| Amounts payable | 17/49 | €15,142 | €24,846 | +€9,704 | +64.1% |
| Amounts payable within one year | 42/48 | €15,142 | €24,846 | +€9,704 | +64.1% |
| Trade debts | 44 | - | €12,714 | +€12,714 | |
| Suppliers | 440/4 | - | €12,714 | +€12,714 | |
| Taxes, remuneration and social security | 45 | €2,636 | €9,790 | +€7,154 | +271% |
| Taxes | 450/3 | €2,636 | €3,790 | +€1,154 | +43.8% |
| Remuneration and social security | 454/9 | - | €6,000 | +€6,000 | |
| Other amounts payable | 47/48 | €12,506 | €2,342 | -€10,163 | -81.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,353 | €1,167 | -€1,186 | -50.4% |
| Other operating charges | 640/8 | €1,052 | €731 | -€321 | -30.5% |
| Gross operating margin | 9900 | €14,459 | €19,489 | +€5,031 | +34.8% |
| Operating profit (loss) | 9901 | €11,053 | €17,591 | +€6,538 | +59.2% |
| Financial charges | 65/66B | €16 | €105 | +€88 | +543% |
| Recurring financial charges | 65 | €16 | €105 | +€88 | +543% |
| Profit (loss) for the period before taxes | 9903 | €11,037 | €17,487 | +€6,450 | +58.4% |
| Income taxes | 67/77 | €2,636 | €3,790 | +€1,154 | +43.8% |
| Profit (loss) for the period | 9904 | €8,401 | €13,697 | +€5,296 | +63.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,401 | €13,697 | +€5,296 | +63.0% |
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 30 October 2026 via checked.be.