HIBATING: what changed
Two fiscal 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.
HIBATING
Largest movements
- Receivables within one year +€30,249
up €30,249 (+412.0%), from €7,342 to €37,591
of which Trade receivables: +€30,249
- Cash +€9,096
up €9,096 (+18.7%), from €48,626 to €57,722
mainly Net result for the year (+€29,960) and Tax, wage and social debts (+€6,967)
- Tangible fixed assets -€3,192
down €3,192 (-29.8%), from €10,708 to €7,516
of which Furniture and vehicles: -€2,392
- Deferred charges and accrued income -€2,501
no longer reported in 2025 (was €2,501)
- Profit (loss) carried forward +€29,960
up €29,960 (+190.7%), from €15,709 to €45,669
- Tax, wage and social debts +€6,967
up €6,967 (+83.9%), from €8,309 to €15,276
of which Taxes: +€8,491
- Debts after one year -€5,000
down €5,000 (-15.6%), from €32,074 to €27,074
- Trade debts +€1,725
up €1,725 (+34.3%), from €5,029 to €6,754
- Gross operating margin +€19,596
up €19,596 (+29.2%), from €67,210 to €86,806
- Taxes +€5,141
up €5,141 (+218.9%), from €2,349 to €7,490
- Staff costs +€3,187
up €3,187 (+7.9%), from €40,363 to €43,550
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 | €69,177 | €102,829 | +€33,652 | +48.6% |
| Fixed assets | 21/28 | €10,708 | €7,516 | -€3,192 | -29.8% |
| Tangible fixed assets | 22/27 | €10,708 | €7,516 | -€3,192 | -29.8% |
| Plant, machinery and equipment | 23 | €2,447 | €1,647 | -€800 | -32.7% |
| Furniture and vehicles | 24 | €8,261 | €5,869 | -€2,392 | -29.0% |
| Current assets | 29/58 | €58,469 | €95,313 | +€36,843 | +63.0% |
| Amounts receivable within one year | 40/41 | €7,342 | €37,591 | +€30,249 | +412.0% |
| Trade receivables | 40 | €5,834 | €36,082 | +€30,249 | +518.5% |
| Other amounts receivable | 41 | €1,508 | €1,508 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €48,626 | €57,722 | +€9,096 | +18.7% |
| Deferred charges and accrued income | 490/1 | €2,501 | - | -€2,501 | |
| Total equity and liabilities | 10/49 | €69,177 | €102,829 | +€33,652 | +48.6% |
| Equity | 10/15 | €23,766 | €53,726 | +€29,960 | +126.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,709 | €45,669 | +€29,960 | +190.7% |
| Amounts payable | 17/49 | €45,411 | €49,103 | +€3,692 | +8.1% |
| Amounts payable after more than one year | 17 | €32,074 | €27,074 | -€5,000 | -15.6% |
| Other amounts payable | 178/9 | €32,074 | €27,074 | -€5,000 | -15.6% |
| Amounts payable within one year | 42/48 | €13,338 | €22,029 | +€8,692 | +65.2% |
| Trade debts | 44 | €5,029 | €6,754 | +€1,725 | +34.3% |
| Suppliers | 440/4 | €5,029 | €6,754 | +€1,725 | +34.3% |
| Taxes, remuneration and social security | 45 | €8,309 | €15,276 | +€6,967 | +83.9% |
| Taxes | 450/3 | €3,077 | €11,568 | +€8,491 | +276.0% |
| Remuneration and social security | 454/9 | €5,232 | €3,708 | -€1,524 | -29.1% |
| Remuneration, social security and pensions | 62 | €40,363 | €43,550 | +€3,187 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,257 | €3,192 | -€65 | -2.0% |
| Other operating charges | 640/8 | €1,320 | €1,555 | +€235 | +17.8% |
| Gross operating margin | 9900 | €67,210 | €86,806 | +€19,596 | +29.2% |
| Operating profit (loss) | 9901 | €22,270 | €38,509 | +€16,239 | +72.9% |
| Financial charges | 65/66B | €1,519 | €1,059 | -€460 | -30.3% |
| Recurring financial charges | 65 | €1,519 | €1,059 | -€460 | -30.3% |
| Profit (loss) for the period before taxes | 9903 | €20,751 | €37,450 | +€16,699 | +80.5% |
| Income taxes | 67/77 | €2,349 | €7,490 | +€5,141 | +218.9% |
| Profit (loss) for the period | 9904 | €18,403 | €29,960 | +€11,557 | +62.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,403 | €29,960 | +€11,557 | +62.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.