HICK/WIN: 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.
HICK/WIN
Largest movements
- Tangible fixed assets -€15,747
down €15,747 (-7.2%), from €219,372 to €203,625
- Receivables within one year +€8,891
up €8,891 (+34.0%), from €26,124 to €35,016
of which Other amounts receivable: +€6,391
- Cash -€7,940
down €7,940 (-94.3%), from €8,418 to €478
mainly Debts after one year (-€21,723) and Receivables within one year (-€8,891)
- Debts after one year -€21,723
down €21,723 (-16.6%), from €131,231 to €109,509
- Tax, wage and social debts +€7,347
up €7,347 (+26.0%), from €28,234 to €35,581
- Other debts +€3,678
up €3,678 (+94.9%), from €3,875 to €7,553
- Profit (loss) carried forward -€3,281
down €3,281 (-43.2%), from €7,587 to €4,307
- Gross operating margin -€3,126
down €3,126 (-12.6%), from €24,786 to €21,660
- Taxes -€689
down €689 (-52.4%), from €1,315 to €626
- Financial charges -€377
down €377 (-9.4%), from €4,023 to €3,646
- Financial income +€278
up €278 (+46,288%), from €1 to €278
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 | €279,111 | €264,315 | -€14,796 | -5.3% |
| Fixed assets | 21/28 | €244,569 | €228,822 | -€15,747 | -6.4% |
| Tangible fixed assets | 22/27 | €219,372 | €203,625 | -€15,747 | -7.2% |
| Land and buildings | 22 | €219,372 | €203,625 | -€15,747 | -7.2% |
| Financial fixed assets | 28 | €25,197 | €25,197 | = | 0.0% |
| Current assets | 29/58 | €34,542 | €35,494 | +€952 | +2.8% |
| Amounts receivable within one year | 40/41 | €26,124 | €35,016 | +€8,891 | +34.0% |
| Trade receivables | 40 | - | €2,500 | +€2,500 | |
| Other amounts receivable | 41 | €26,124 | €32,516 | +€6,391 | +24.5% |
| Cash at bank and in hand | 54/58 | €8,418 | €478 | -€7,940 | -94.3% |
| Total equity and liabilities | 10/49 | €279,111 | €264,315 | -€14,796 | -5.3% |
| Equity | 10/15 | €87,587 | €84,307 | -€3,281 | -3.7% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,587 | €4,307 | -€3,281 | -43.2% |
| Amounts payable | 17/49 | €191,524 | €180,009 | -€11,515 | -6.0% |
| Amounts payable after more than one year | 17 | €131,231 | €109,509 | -€21,723 | -16.6% |
| Financial debts | 170/4 | €131,231 | €109,509 | -€21,723 | -16.6% |
| Amounts payable within one year | 42/48 | €60,292 | €70,500 | +€10,208 | +16.9% |
| Current portion of amounts payable after more than one year | 42 | €21,243 | €21,723 | +€480 | +2.3% |
| Trade debts | 44 | €6,941 | €5,643 | -€1,298 | -18.7% |
| Suppliers | 440/4 | €6,941 | €5,643 | -€1,298 | -18.7% |
| Taxes, remuneration and social security | 45 | €28,234 | €35,581 | +€7,347 | +26.0% |
| Taxes | 450/3 | €28,234 | €35,581 | +€7,347 | +26.0% |
| Other amounts payable | 47/48 | €3,875 | €7,553 | +€3,678 | +94.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,739 | €15,747 | +€8 | 0.0% |
| Other operating charges | 640/8 | €200 | €200 | = | 0.0% |
| Gross operating margin | 9900 | €24,786 | €21,660 | -€3,126 | -12.6% |
| Operating profit (loss) | 9901 | €8,846 | €5,713 | -€3,134 | -35.4% |
| Financial income | 75/76B | €1 | €278 | +€278 | +46,288% |
| Recurring financial income | 75 | €1 | €278 | +€278 | +46,288% |
| Financial charges | 65/66B | €4,023 | €3,646 | -€377 | -9.4% |
| Recurring financial charges | 65 | €4,023 | €3,646 | -€377 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €4,824 | €2,345 | -€2,479 | -51.4% |
| Income taxes | 67/77 | €1,315 | €626 | -€689 | -52.4% |
| Profit (loss) for the period | 9904 | €3,510 | €1,719 | -€1,790 | -51.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,510 | €1,719 | -€1,790 | -51.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.