HIFIDAX: 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.
HIFIDAX
Largest movements
- Tangible fixed assets -€2,093
down €2,093 (-1.2%), from €180,898 to €178,805
of which Land and buildings: -€1,277
No liability line moved by more than 1% of the balance sheet total.
- Depreciation -€2,582
down €2,582 (-55.2%), from €4,675 to €2,093
- Other operating charges +€545
up €545 (+11.8%), from €4,603 to €5,148
- Financial charges +€120
new in 2025: €120
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 | €187,556 | €185,610 | -€1,946 | -1.0% |
| Fixed assets | 21/28 | €180,898 | €178,805 | -€2,093 | -1.2% |
| Tangible fixed assets | 22/27 | €180,898 | €178,805 | -€2,093 | -1.2% |
| Land and buildings | 22 | €104,829 | €103,552 | -€1,277 | -1.2% |
| Plant, machinery and equipment | 23 | €1,348 | €1,061 | -€287 | -21.3% |
| Other tangible fixed assets | 26 | €74,721 | €74,192 | -€529 | -0.7% |
| Current assets | 29/58 | €6,658 | €6,805 | +€147 | +2.2% |
| Amounts receivable within one year | 40/41 | €218 | - | -€218 | |
| Trade receivables | 40 | €218 | - | -€218 | |
| Cash at bank and in hand | 54/58 | €4,829 | €4,970 | +€141 | +2.9% |
| Deferred charges and accrued income | 490/1 | €1,612 | €1,835 | +€224 | +13.9% |
| Total equity and liabilities | 10/49 | €187,556 | €185,610 | -€1,946 | -1.0% |
| Equity | 10/15 | €156,345 | €154,819 | -€1,526 | -1.0% |
| Contributions | 10/11 | €282,242 | €282,242 | = | 0.0% |
| Reserves | 13 | €7,828 | €7,828 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,828 | €7,828 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,828 | €7,828 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€133,725 | -€135,250 | -€1,526 | -1.1% |
| Amounts payable | 17/49 | €31,212 | €30,791 | -€420 | -1.3% |
| Amounts payable within one year | 42/48 | €31,212 | €30,791 | -€420 | -1.3% |
| Trade debts | 44 | €2,256 | €1,835 | -€420 | -18.6% |
| Suppliers | 440/4 | €2,256 | €1,835 | -€420 | -18.6% |
| Other amounts payable | 47/48 | €28,956 | €28,956 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,675 | €2,093 | -€2,582 | -55.2% |
| Other operating charges | 640/8 | €4,603 | €5,148 | +€545 | +11.8% |
| Gross operating margin | 9900 | €5,787 | €5,835 | +€48 | +0.8% |
| Operating profit (loss) | 9901 | -€3,491 | -€1,406 | +€2,085 | +59.7% |
| Financial charges | 65/66B | - | €120 | +€120 | |
| Recurring financial charges | 65 | - | €120 | +€120 | |
| Profit (loss) for the period before taxes | 9903 | -€3,491 | -€1,526 | +€1,965 | +56.3% |
| Profit (loss) for the period | 9904 | -€3,491 | -€1,526 | +€1,965 | +56.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,491 | -€1,526 | +€1,965 | +56.3% |
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 18 October 2026 via checked.be.