HI.P: 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.P
Largest movements
- Cash +€71,905
up €71,905 (+77.1%), from €93,234 to €165,139
mainly Net result for the year (+€75,629) and Receivables within one year (+€35,934)
- Receivables within one year -€35,934
down €35,934 (-61.6%), from €58,329 to €22,395
of which Other amounts receivable: -€33,779
- Reserves +€47,205
up €47,205 (+37.4%), from €126,227 to €173,433
- Tax, wage and social debts -€7,269
down €7,269 (-27.5%), from €26,441 to €19,172
- Other debts -€5,801
down €5,801 (-56.4%), from €10,276 to €4,476
- Gross operating margin +€40,373
up €40,373 (+56.6%), from €71,381 to €111,754
- Taxes +€9,917
up €9,917 (+47.4%), from €20,944 to €30,862
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 | €176,559 | €211,334 | +€34,776 | +19.7% |
| Fixed assets | 21/28 | €21,338 | €22,005 | +€666 | +3.1% |
| Tangible fixed assets | 22/27 | €13,978 | €14,645 | +€666 | +4.8% |
| Furniture and vehicles | 24 | €2,340 | €6,022 | +€3,681 | +157% |
| Other tangible fixed assets | 26 | €11,638 | €8,623 | -€3,015 | -25.9% |
| Financial fixed assets | 28 | €7,360 | €7,360 | = | 0.0% |
| Current assets | 29/58 | €155,220 | €189,330 | +€34,109 | +22.0% |
| Amounts receivable within one year | 40/41 | €58,329 | €22,395 | -€35,934 | -61.6% |
| Trade receivables | 40 | €24,550 | €22,395 | -€2,156 | -8.8% |
| Other amounts receivable | 41 | €33,779 | - | -€33,779 | |
| Cash at bank and in hand | 54/58 | €93,234 | €165,139 | +€71,905 | +77.1% |
| Deferred charges and accrued income | 490/1 | €3,657 | €1,796 | -€1,861 | -50.9% |
| Total equity and liabilities | 10/49 | €176,559 | €211,334 | +€34,776 | +19.7% |
| Equity | 10/15 | €138,627 | €185,833 | +€47,205 | +34.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €126,227 | €173,433 | +€47,205 | +37.4% |
| Distributable reserves | 133 | €126,227 | €173,433 | +€47,205 | +37.4% |
| Amounts payable | 17/49 | €37,931 | €25,502 | -€12,430 | -32.8% |
| Amounts payable within one year | 42/48 | €37,931 | €25,502 | -€12,430 | -32.8% |
| Trade debts | 44 | €1,214 | €1,855 | +€640 | +52.7% |
| Suppliers | 440/4 | €1,214 | €1,855 | +€640 | +52.7% |
| Taxes, remuneration and social security | 45 | €26,441 | €19,172 | -€7,269 | -27.5% |
| Taxes | 450/3 | €26,441 | €19,172 | -€7,269 | -27.5% |
| Other amounts payable | 47/48 | €10,276 | €4,476 | -€5,801 | -56.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,646 | €4,729 | +€83 | +1.8% |
| Other operating charges | 640/8 | €684 | €1,043 | +€359 | +52.4% |
| Gross operating margin | 9900 | €71,381 | €111,754 | +€40,373 | +56.6% |
| Operating profit (loss) | 9901 | €66,050 | €105,981 | +€39,931 | +60.5% |
| Financial income | 75/76B | €1,487 | €509 | -€978 | -65.8% |
| Recurring financial income | 75 | €1,487 | €509 | -€978 | -65.8% |
| Financial charges | 65/66B | €4 | €0 | -€4 | -98.4% |
| Recurring financial charges | 65 | €4 | €0 | -€4 | -98.4% |
| Profit (loss) for the period before taxes | 9903 | €67,534 | €106,490 | +€38,956 | +57.7% |
| Income taxes | 67/77 | €20,944 | €30,862 | +€9,917 | +47.4% |
| Profit (loss) for the period | 9904 | €46,589 | €75,629 | +€29,039 | +62.3% |
| Profit (loss) for the period to be appropriated | 9905 | €46,589 | €75,629 | +€29,039 | +62.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.