HI-TECH SYSTEMS: 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.
What changed
HI-TECH SYSTEMS
NACE 62.100, Computer programming
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€28,865
2024 · €22,061+€6,804
Equity
€694,909
2024 · €666,044+€28,865
Cash
€49,140
2024 · €38,318+€10,822
Balance sheet total
€1.1m
2024 · €1.0m+€44,093
Largest movements
Assets
- Tangible fixed assets +€32,039
up €32,039 (+3.4%), from €952,292 to €984,331
of which Furniture and vehicles: +€81,090
- Cash +€10,822
up €10,822 (+28.2%), from €38,318 to €49,140
mainly Depreciation (+€52,304) and Net result for the year (+€28,865)
Equity and liabilities
- Reserves +€21,996
up €21,996 (+7.8%), from €280,746 to €302,742
of which Tax-exempt reserves: +€21,996
- Debts after one year -€13,333
down €13,333 (-5.2%), from €255,778 to €242,445
Income statement
- Gross operating margin +€43,341
up €43,341 (+48.2%), from €90,001 to €133,342
- Other operating charges +€11,504
up €11,504 (+266.4%), from €4,319 to €15,823
- Depreciation +€9,612
up €9,612 (+22.5%), from €42,692 to €52,304
- Taxes -€4,055
down €4,055 (-33.9%), from €11,964 to €7,909
- Financial charges +€1,989
up €1,989 (+18.2%), from €10,960 to €12,949
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.
Result 2024
€22,061
Gross operating margin
+€43,341
Depreciation
-€9,612
Other operating charges
-€11,504
Other operating items
-€8,683
Financial income
+€2
Financial charges
-€1,989
Taxes
+€4,055
Deferred taxes and other
-€8,805
Result 2025
€28,865
Cash bridge derived
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.
From operations
+€106,977
Investment
-€84,343
Financing
-€11,812
Cash 2024
€38,318
From operations (derived)
+€106,977
Net result for the year
+€28,865
Depreciation
+€52,304
Receivables within one year
-€274
Deferred charges and accrued income
-€958
Provisions
+€6,813
Trade debts
+€8,040
Tax, wage and social debts
+€3,712
Other debts
+€62
Accrued charges and deferred income
+€8,413
Investment (derived)
-€84,343
Investment in fixed assets (net)
-€84,343
Financing
-€11,812
Debts after one year
-€13,333
Short-term financial debts
+€1,522
Cash 2025
€49,140
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,011,834 | €1,055,927 | +€44,093 | +4.4% |
| Fixed assets | 21/28 | €952,292 | €984,331 | +€32,039 | +3.4% |
| Tangible fixed assets | 22/27 | €952,292 | €984,331 | +€32,039 | +3.4% |
| Land and buildings | 22 | €897,405 | €859,916 | -€37,489 | -4.2% |
| Plant, machinery and equipment | 23 | €1,334 | €845 | -€489 | -36.7% |
| Furniture and vehicles | 24 | €12,356 | €93,446 | +€81,090 | +656.3% |
| Other tangible fixed assets | 26 | €41,197 | €30,124 | -€11,073 | -26.9% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €59,542 | €71,596 | +€12,054 | +20.2% |
| Amounts receivable within one year | 40/41 | €19,441 | €19,715 | +€274 | +1.4% |
| Trade receivables | 40 | €19,032 | €15,098 | -€3,933 | -20.7% |
| Other amounts receivable | 41 | €410 | €4,617 | +€4,207 | +1027.1% |
| Cash at bank and in hand | 54/58 | €38,318 | €49,140 | +€10,822 | +28.2% |
| Deferred charges and accrued income | 490/1 | €1,783 | €2,741 | +€958 | +53.7% |
| Total equity and liabilities | 10/49 | €1,011,834 | €1,055,927 | +€44,093 | +4.4% |
| Equity | 10/15 | €666,044 | €694,909 | +€28,865 | +4.3% |
| Contributions | 10/11 | €343,600 | €343,600 | = | 0.0% |
| Reserves | 13 | €280,746 | €302,742 | +€21,996 | +7.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €131,386 | €153,382 | +€21,996 | +16.7% |
| Distributable reserves | 133 | €149,360 | €149,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,697 | €48,567 | +€6,869 | +16.5% |
| Provisions and deferred taxes | 16 | €41,248 | €48,061 | +€6,813 | +16.5% |
| Deferred taxes | 168 | €41,248 | €48,061 | +€6,813 | +16.5% |
| Amounts payable | 17/49 | €304,542 | €312,957 | +€8,415 | +2.8% |
| Amounts payable after more than one year | 17 | €255,778 | €242,445 | -€13,333 | -5.2% |
| Financial debts | 170/4 | €255,778 | €242,445 | -€13,333 | -5.2% |
| Amounts payable within one year | 42/48 | €23,597 | €36,932 | +€13,335 | +56.5% |
| Current portion of amounts payable after more than one year | 42 | €13,333 | €13,333 | = | 0.0% |
| Financial debts | 43 | €36 | €1,557 | +€1,522 | +4281.4% |
| Credit institutions | 430/8 | €36 | €0 | -€36 | -100.0% |
| Other loans | 439 | - | €1,557 | +€1,557 | |
| Trade debts | 44 | €5,324 | €13,364 | +€8,040 | +151.0% |
| Suppliers | 440/4 | €5,324 | €13,364 | +€8,040 | +151.0% |
| Taxes, remuneration and social security | 45 | €3,552 | €7,264 | +€3,712 | +104.5% |
| Taxes | 450/3 | €2,652 | €24 | -€2,628 | -99.1% |
| Remuneration and social security | 454/9 | €900 | €7,240 | +€6,340 | +704.4% |
| Other amounts payable | 47/48 | €1,352 | €1,413 | +€62 | +4.6% |
| Accrued charges and deferred income | 492/3 | €25,168 | €33,581 | +€8,413 | +33.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,692 | €52,304 | +€9,612 | +22.5% |
| Other operating charges | 640/8 | €4,319 | €15,823 | +€11,504 | +266.4% |
| Non-recurring operating charges | 66A | - | €8,683 | +€8,683 | |
| Gross operating margin | 9900 | €90,001 | €133,342 | +€43,341 | +48.2% |
| Operating profit (loss) | 9901 | €42,990 | €56,532 | +€13,542 | +31.5% |
| Financial income | 75/76B | €1 | €4 | +€2 | +173.5% |
| Recurring financial income | 75 | €1 | €4 | +€2 | +173.5% |
| Financial charges | 65/66B | €10,960 | €12,949 | +€1,989 | +18.2% |
| Recurring financial charges | 65 | €10,960 | €12,949 | +€1,989 | +18.2% |
| Profit (loss) for the period before taxes | 9903 | €32,032 | €43,587 | +€11,555 | +36.1% |
| Transfer from deferred taxes | 780 | €1,993 | €3,320 | +€1,327 | +66.6% |
| Transfer to deferred taxes | 680 | - | €10,132 | +€10,132 | |
| Income taxes | 67/77 | €11,964 | €7,909 | -€4,055 | -33.9% |
| Profit (loss) for the period | 9904 | €22,061 | €28,865 | +€6,804 | +30.8% |
| Transfer from tax-exempt reserves | 789 | €4,420 | €8,401 | +€3,981 | +90.1% |
| Transfer to tax-exempt reserves | 689 | - | €30,397 | +€30,397 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,481 | €6,869 | -€19,612 | -74.1% |
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 9 October 2026 via checked.be.