HIAS: 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.
HIAS
Largest movements
- Tangible fixed assets -€11,691
down €11,691 (-22.0%), from €53,065 to €41,374
of which Land and buildings: -€8,147
- Deferred charges and accrued income -€11,397
no longer reported in 2025 (was €11,397)
- Cash +€2,078
up €2,078 (+52.8%), from €3,936 to €6,015
mainly Depreciation (+€12,462) and Deferred charges and accrued income (+€11,397)
- Receivables within one year -€1,738
down €1,738 (-54.3%), from €3,200 to €1,462
of which Trade receivables: -€1,768
- Advances received -€17,848
no longer reported in 2025 (was €17,848)
- Profit (loss) carried forward -€11,507
down €11,507 (-5.2%), from -€219,222 to -€230,729
- Trade debts +€4,330
up €4,330 (+209.2%), from €2,070 to €6,399
- Tax, wage and social debts +€3,273
up €3,273 (+76.0%), from €4,309 to €7,582
of which Taxes: +€3,297
- Other debts -€2,383
down €2,383 (-2.9%), from €82,121 to €79,738
- Depreciation -€10,314
down €10,314 (-45.3%), from €22,777 to €12,462
- Staff costs +€5,939
up €5,939 (+13.1%), from €45,487 to €51,425
- Gross operating margin +€5,778
up €5,778 (+10.8%), from €53,356 to €59,134
- Other operating charges +€889
up €889 (+15.7%), from €5,681 to €6,570
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €91,785 | €68,163 | -€23,623 | -25.7% |
| Fixed assets | 21/28 | €53,865 | €42,174 | -€11,691 | -21.7% |
| Tangible fixed assets | 22/27 | €53,065 | €41,374 | -€11,691 | -22.0% |
| Land and buildings | 22 | €46,409 | €38,261 | -€8,147 | -17.6% |
| Plant, machinery and equipment | 23 | €5,025 | €2,912 | -€2,112 | -42.0% |
| Furniture and vehicles | 24 | €1,632 | €200 | -€1,431 | -87.7% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €37,920 | €25,989 | -€11,932 | -31.5% |
| Stocks and contracts in progress | 3 | €19,386 | €18,512 | -€875 | -4.5% |
| Stocks | 30/36 | €19,386 | €18,512 | -€875 | -4.5% |
| Amounts receivable within one year | 40/41 | €3,200 | €1,462 | -€1,738 | -54.3% |
| Trade receivables | 40 | €1,768 | - | -€1,768 | |
| Other amounts receivable | 41 | €1,432 | €1,462 | +€30 | +2.1% |
| Cash at bank and in hand | 54/58 | €3,936 | €6,015 | +€2,078 | +52.8% |
| Deferred charges and accrued income | 490/1 | €11,397 | - | -€11,397 | |
| Total equity and liabilities | 10/49 | €91,785 | €68,163 | -€23,623 | -25.7% |
| Equity | 10/15 | -€14,562 | -€26,069 | -€11,507 | -79.0% |
| Contributions | 10/11 | €202,800 | €202,800 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€219,222 | -€230,729 | -€11,507 | -5.2% |
| Amounts payable | 17/49 | €106,348 | €94,232 | -€12,116 | -11.4% |
| Amounts payable within one year | 42/48 | €106,348 | €93,719 | -€12,629 | -11.9% |
| Trade debts | 44 | €2,070 | €6,399 | +€4,330 | +209.2% |
| Suppliers | 440/4 | €2,070 | €6,399 | +€4,330 | +209.2% |
| Advances received on contracts in progress | 46 | €17,848 | - | -€17,848 | |
| Taxes, remuneration and social security | 45 | €4,309 | €7,582 | +€3,273 | +76.0% |
| Taxes | 450/3 | €1,545 | €4,843 | +€3,297 | +213.3% |
| Remuneration and social security | 454/9 | €2,763 | €2,739 | -€24 | -0.9% |
| Other amounts payable | 47/48 | €82,121 | €79,738 | -€2,383 | -2.9% |
| Accrued charges and deferred income | 492/3 | - | €513 | +€513 | |
| Remuneration, social security and pensions | 62 | €45,487 | €51,425 | +€5,939 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,777 | €12,462 | -€10,314 | -45.3% |
| Other operating charges | 640/8 | €5,681 | €6,570 | +€889 | +15.7% |
| Non-recurring operating charges | 66A | €2,713 | - | -€2,713 | |
| Gross operating margin | 9900 | €53,356 | €59,134 | +€5,778 | +10.8% |
| Operating profit (loss) | 9901 | -€23,302 | -€11,324 | +€11,978 | +51.4% |
| Financial income | 75/76B | €7 | €20 | +€14 | +210.8% |
| Recurring financial income | 75 | €7 | €20 | +€14 | +210.8% |
| Financial charges | 65/66B | €51 | €203 | +€153 | +302.0% |
| Recurring financial charges | 65 | €51 | €203 | +€153 | +302.0% |
| Profit (loss) for the period before taxes | 9903 | -€23,346 | -€11,507 | +€11,839 | +50.7% |
| Profit (loss) for the period | 9904 | -€23,346 | -€11,507 | +€11,839 | +50.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,346 | -€11,507 | +€11,839 | +50.7% |
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 12 October 2026 via checked.be.