HIBATULLAH: 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.
HIBATULLAH
Largest movements
- Cash +€18,200
up €18,200 (+37.3%), from €48,774 to €66,974
mainly Net result for the year (+€38,829) and Trade debts (+€3,540)
- Receivables within one year +€8,951
up €8,951 (+33.4%), from €26,789 to €35,741
of which Other amounts receivable: +€9,931
- Reserves +€33,007
up €33,007 (+56.7%), from €58,217 to €91,224
- Tax, wage and social debts -€9,397
down €9,397 (-54.8%), from €17,149 to €7,752
of which Taxes: -€9,489
- Trade debts +€3,540
up €3,540 (+1847.8%), from €192 to €3,732
- Turnover -€176,600
no longer reported in 2024 (was €176,600)
- Purchases and services -€103,769
no longer reported in 2024 (was €103,769)
- Gross operating margin -€24,148
down €24,148 (-33.2%), from €72,831 to €48,682
- Taxes -€4,847
down €4,847 (-33.3%), from €14,554 to €9,707
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,564 | €102,715 | +€27,151 | +35.9% |
| Current assets | 29/58 | €75,564 | €102,715 | +€27,151 | +35.9% |
| Amounts receivable within one year | 40/41 | €26,789 | €35,741 | +€8,951 | +33.4% |
| Trade receivables | 40 | €26,789 | €25,809 | -€980 | -3.7% |
| Other amounts receivable | 41 | - | €9,931 | +€9,931 | |
| Cash at bank and in hand | 54/58 | €48,774 | €66,974 | +€18,200 | +37.3% |
| Total equity and liabilities | 10/49 | €75,564 | €102,715 | +€27,151 | +35.9% |
| Equity | 10/15 | €58,217 | €91,224 | +€33,007 | +56.7% |
| Reserves | 13 | €58,217 | €91,224 | +€33,007 | +56.7% |
| Distributable reserves | 133 | €58,217 | €91,224 | +€33,007 | +56.7% |
| Amounts payable | 17/49 | €17,347 | €11,491 | -€5,856 | -33.8% |
| Amounts payable within one year | 42/48 | €17,347 | €11,491 | -€5,856 | -33.8% |
| Financial debts | 43 | €7 | €7 | = | 0.0% |
| Credit institutions | 430/8 | €7 | €7 | = | 0.0% |
| Trade debts | 44 | €192 | €3,732 | +€3,540 | +1847.8% |
| Suppliers | 440/4 | €192 | €3,732 | +€3,540 | +1847.8% |
| Taxes, remuneration and social security | 45 | €17,149 | €7,752 | -€9,397 | -54.8% |
| Taxes | 450/3 | €16,347 | €6,859 | -€9,489 | -58.0% |
| Remuneration and social security | 454/9 | €801 | €894 | +€92 | +11.5% |
| Turnover | 70 | €176,600 | - | -€176,600 | |
| Goods, raw materials, services and sundry goods | 60/61 | €103,769 | - | -€103,769 | |
| Gross operating margin | 9900 | €72,831 | €48,682 | -€24,148 | -33.2% |
| Operating profit (loss) | 9901 | €72,831 | €48,682 | -€24,148 | -33.2% |
| Financial charges | 65/66B | €60 | €146 | +€86 | +144.0% |
| Recurring financial charges | 65 | €60 | €146 | +€86 | +144.0% |
| Profit (loss) for the period before taxes | 9903 | €72,771 | €48,536 | -€24,235 | -33.3% |
| Income taxes | 67/77 | €14,554 | €9,707 | -€4,847 | -33.3% |
| Profit (loss) for the period | 9904 | €58,217 | €38,829 | -€19,388 | -33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €58,217 | €38,829 | -€19,388 | -33.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.