HICTER: 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.
HICTER
Largest movements
- Receivables within one year +€189,856
up €189,856 (+53.7%), from €353,677 to €543,533
of which Trade receivables: +€146,856
- Cash +€76,478
up €76,478 (+28.8%), from €265,129 to €341,607
mainly Net result for the year (+€352,615) and Tax, wage and social debts (+€41,396)
- Reserves +€352,615
up €352,615 (+78.1%), from €451,603 to €804,218
of which Distributable reserves: +€184,215
- Debts after one year -€149,929
down €149,929 (-10.6%), from €1.4m to €1.3m
of which Financial debts: -€149,929
- Financial income +€180,000
new in 2024: €180,000
- Write-downs +€77,860
new in 2024: €77,860
- Gross operating margin +€60,675
up €60,675 (+16.7%), from €363,054 to €423,729
- Financial charges +€46,110
up €46,110 (+1468.8%), from €3,139 to €49,249
- Taxes -€16,308
down €16,308 (-15.8%), from €103,134 to €86,827
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 | €5,176,535 | €5,409,932 | +€233,397 | +4.5% |
| Fixed assets | 21/28 | €4,522,500 | €4,500,000 | -€22,500 | -0.5% |
| Intangible fixed assets | 21 | €22,500 | - | -€22,500 | |
| Financial fixed assets | 28 | €4,500,000 | €4,500,000 | = | 0.0% |
| Current assets | 29/58 | €654,035 | €909,932 | +€255,897 | +39.1% |
| Amounts receivable within one year | 40/41 | €353,677 | €543,533 | +€189,856 | +53.7% |
| Trade receivables | 40 | €214,064 | €360,920 | +€146,856 | +68.6% |
| Other amounts receivable | 41 | €139,613 | €182,613 | +€43,000 | +30.8% |
| Cash at bank and in hand | 54/58 | €265,129 | €341,607 | +€76,478 | +28.8% |
| Deferred charges and accrued income | 490/1 | €35,229 | €24,792 | -€10,437 | -29.6% |
| Total equity and liabilities | 10/49 | €5,176,535 | €5,409,932 | +€233,397 | +4.5% |
| Equity | 10/15 | €474,117 | €826,732 | +€352,615 | +74.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €451,603 | €804,218 | +€352,615 | +78.1% |
| Tax-exempt reserves | 132 | - | €168,400 | +€168,400 | |
| Distributable reserves | 133 | €451,603 | €635,818 | +€184,215 | +40.8% |
| Profit (loss) carried forward | 14 | €3,913 | €3,913 | = | 0.0% |
| Amounts payable | 17/49 | €4,702,418 | €4,583,200 | -€119,218 | -2.5% |
| Amounts payable after more than one year | 17 | €1,410,158 | €1,260,229 | -€149,929 | -10.6% |
| Financial debts | 170/4 | €1,402,208 | €1,252,279 | -€149,929 | -10.7% |
| Other amounts payable | 178/9 | €7,950 | €7,950 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,269,519 | €3,322,887 | +€53,368 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €154,222 | €148,723 | -€5,499 | -3.6% |
| Trade debts | 44 | €16,448 | €40,477 | +€24,029 | +146.1% |
| Suppliers | 440/4 | €16,448 | €40,477 | +€24,029 | +146.1% |
| Taxes, remuneration and social security | 45 | €96,708 | €138,105 | +€41,396 | +42.8% |
| Taxes | 450/3 | €96,708 | €138,105 | +€41,396 | +42.8% |
| Other amounts payable | 47/48 | €3,002,141 | €2,995,583 | -€6,558 | -0.2% |
| Accrued charges and deferred income | 492/3 | €22,741 | €84 | -€22,658 | -99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,750 | €22,500 | -€11,250 | -33.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €77,860 | +€77,860 | |
| Other operating charges | 640/8 | €586 | €14,678 | +€14,092 | +2403.0% |
| Gross operating margin | 9900 | €363,054 | €423,729 | +€60,675 | +16.7% |
| Operating profit (loss) | 9901 | €328,717 | €308,691 | -€20,026 | -6.1% |
| Financial income | 75/76B | - | €180,000 | +€180,000 | |
| Recurring financial income | 75 | - | €180,000 | +€180,000 | |
| Financial charges | 65/66B | €3,139 | €49,249 | +€46,110 | +1468.8% |
| Recurring financial charges | 65 | €3,139 | €49,249 | +€46,110 | +1468.8% |
| Profit (loss) for the period before taxes | 9903 | €325,578 | €439,442 | +€113,864 | +35.0% |
| Income taxes | 67/77 | €103,134 | €86,827 | -€16,308 | -15.8% |
| Profit (loss) for the period | 9904 | €222,443 | €352,615 | +€130,172 | +58.5% |
| Transfer to tax-exempt reserves | 689 | - | €168,400 | +€168,400 | |
| Profit (loss) for the period to be appropriated | 9905 | €222,443 | €184,215 | -€38,228 | -17.2% |
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 5 October 2026 via checked.be.