HICS: 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.
HICS
Largest movements
- Cash +€32,159
up €32,159 (+177.5%), from €18,117 to €50,276
mainly Net result for the year (+€41,055) and Depreciation (+€4,564)
- Tangible fixed assets +€3,739
up €3,739 (+34.2%), from €10,919 to €14,658
of which Other tangible fixed assets: +€4,835
- Reserves +€41,055
up €41,055 (+84.4%), from €48,662 to €89,716
of which Distributable reserves: +€41,055
- Other debts -€12,366
down €12,366 (-78.6%), from €15,734 to €3,369
- Trade debts +€2,433
up €2,433 (+28.6%), from €8,514 to €10,947
- Gross operating margin +€15,595
up €15,595 (+28.7%), from €54,423 to €70,018
- Taxes +€5,829
up €5,829 (+55.5%), from €10,511 to €16,340
- Financial charges -€1,915
down €1,915 (-21.9%), from €8,740 to €6,825
- Depreciation +€1,177
up €1,177 (+34.8%), from €3,387 to €4,564
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 | €150,030 | €183,265 | +€33,235 | +22.2% |
| Fixed assets | 21/28 | €10,969 | €14,708 | +€3,739 | +34.1% |
| Tangible fixed assets | 22/27 | €10,919 | €14,658 | +€3,739 | +34.2% |
| Plant, machinery and equipment | 23 | €7,624 | €7,029 | -€595 | -7.8% |
| Furniture and vehicles | 24 | €3,294 | €2,794 | -€500 | -15.2% |
| Other tangible fixed assets | 26 | - | €4,835 | +€4,835 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €139,061 | €168,557 | +€29,496 | +21.2% |
| Amounts receivable within one year | 40/41 | €1,080 | €94 | -€986 | -91.3% |
| Other amounts receivable | 41 | €1,080 | €94 | -€986 | -91.3% |
| Current investments | 50/53 | €114,424 | €112,663 | -€1,761 | -1.5% |
| Cash at bank and in hand | 54/58 | €18,117 | €50,276 | +€32,159 | +177.5% |
| Deferred charges and accrued income | 490/1 | €5,440 | €5,525 | +€84 | +1.5% |
| Total equity and liabilities | 10/49 | €150,030 | €183,265 | +€33,235 | +22.2% |
| Equity | 10/15 | €61,062 | €102,116 | +€41,055 | +67.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €48,662 | €89,716 | +€41,055 | +84.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €46,802 | €87,856 | +€41,055 | +87.7% |
| Provisions and deferred taxes | 16 | €62,238 | €62,526 | +€288 | +0.5% |
| Provisions for liabilities and charges | 160/5 | €62,238 | €62,526 | +€288 | +0.5% |
| Other liabilities and charges | 164/5 | €62,238 | €62,526 | +€288 | +0.5% |
| Amounts payable | 17/49 | €26,730 | €18,622 | -€8,108 | -30.3% |
| Amounts payable within one year | 42/48 | €26,730 | €18,622 | -€8,108 | -30.3% |
| Trade debts | 44 | €8,514 | €10,947 | +€2,433 | +28.6% |
| Suppliers | 440/4 | €8,514 | €10,947 | +€2,433 | +28.6% |
| Taxes, remuneration and social security | 45 | €2,481 | €4,306 | +€1,825 | +73.6% |
| Taxes | 450/3 | €2,481 | €4,306 | +€1,825 | +73.6% |
| Other amounts payable | 47/48 | €15,734 | €3,369 | -€12,366 | -78.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,387 | €4,564 | +€1,177 | +34.8% |
| Other operating charges | 640/8 | €1,759 | €1,643 | -€117 | -6.6% |
| Gross operating margin | 9900 | €54,423 | €70,018 | +€15,595 | +28.7% |
| Operating profit (loss) | 9901 | €49,277 | €63,812 | +€14,535 | +29.5% |
| Financial income | 75/76B | €947 | €407 | -€540 | -57.1% |
| Recurring financial income | 75 | €947 | €407 | -€540 | -57.1% |
| Financial charges | 65/66B | €8,740 | €6,825 | -€1,915 | -21.9% |
| Recurring financial charges | 65 | €8,740 | €6,825 | -€1,915 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | €41,485 | €57,394 | +€15,910 | +38.4% |
| Income taxes | 67/77 | €10,511 | €16,340 | +€5,829 | +55.5% |
| Profit (loss) for the period | 9904 | €30,974 | €41,055 | +€10,081 | +32.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,974 | €41,055 | +€10,081 | +32.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.