HIJAS: what changed
HIJAS
Largest movements
- Cash +€5,162
up €5,162 (+40.6%), from €12,708 to €17,870
mainly Net result for the year (+€19,528) and Receivables within one year (+€1,294)
- Reserves +€19,528
up €19,528 (+31.9%), from €61,228 to €80,756
- Provisions -€9,560
down €9,560 (-5.1%), from €187,621 to €178,061
- Other debts -€5,880
down €5,880 (-18.1%), from €32,431 to €26,550
- Gross operating margin -€4,285
down €4,285 (-10.3%), from €41,470 to €37,185
- Taxes -€1,103
down €1,103 (-12.7%), from €8,706 to €7,603
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €302,182 | €306,078 | +€3,896 | +1.3% |
| Fixed assets | 21/28 | €287,500 | €287,500 | = | 0.0% |
| Financial fixed assets | 28 | €287,500 | €287,500 | = | 0.0% |
| Current assets | 29/58 | €14,682 | €18,578 | +€3,896 | +26.5% |
| Amounts receivable within one year | 40/41 | €1,294 | €0 | -€1,294 | -100% |
| Other amounts receivable | 41 | €1,294 | €0 | -€1,294 | -100% |
| Cash at bank and in hand | 54/58 | €12,708 | €17,870 | +€5,162 | +40.6% |
| Deferred charges and accrued income | 490/1 | €680 | €709 | +€29 | +4.3% |
| Total equity and liabilities | 10/49 | €302,182 | €306,078 | +€3,896 | +1.3% |
| Equity | 10/15 | €73,628 | €93,156 | +€19,528 | +26.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €61,228 | €80,756 | +€19,528 | +31.9% |
| Distributable reserves | 133 | €61,228 | €80,756 | +€19,528 | +31.9% |
| Provisions and deferred taxes | 16 | €187,621 | €178,061 | -€9,560 | -5.1% |
| Provisions for liabilities and charges | 160/5 | €187,621 | €178,061 | -€9,560 | -5.1% |
| Environmental obligations | 163 | €187,621 | €178,061 | -€9,560 | -5.1% |
| Amounts payable | 17/49 | €40,933 | €34,862 | -€6,071 | -14.8% |
| Amounts payable within one year | 42/48 | €40,933 | €34,862 | -€6,071 | -14.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,515 | €1,258 | -€256 | -16.9% |
| Suppliers | 440/4 | €1,515 | €1,258 | -€256 | -16.9% |
| Taxes, remuneration and social security | 45 | €6,988 | €7,053 | +€66 | +0.9% |
| Taxes | 450/3 | €4,678 | €4,743 | +€66 | +1.4% |
| Remuneration and social security | 454/9 | €2,310 | €2,310 | = | 0.0% |
| Other amounts payable | 47/48 | €32,431 | €26,550 | -€5,880 | -18.1% |
| Other operating charges | 640/8 | €969 | €1,051 | +€82 | +8.4% |
| Gross operating margin | 9900 | €41,470 | €37,185 | -€4,285 | -10.3% |
| Operating profit (loss) | 9901 | €40,501 | €36,135 | -€4,366 | -10.8% |
| Financial charges | 65/66B | €8,990 | €9,004 | +€14 | +0.2% |
| Recurring financial charges | 65 | €8,990 | €9,004 | +€14 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €31,511 | €27,131 | -€4,380 | -13.9% |
| Income taxes | 67/77 | €8,706 | €7,603 | -€1,103 | -12.7% |
| Profit (loss) for the period | 9904 | €22,806 | €19,528 | -€3,278 | -14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €22,806 | €19,528 | -€3,278 | -14.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.