HILA: 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.
HILA
Largest movements
- Receivables within one year +€40,008
up €40,008 (+120%), from €33,318 to €73,326
of which Trade receivables: +€37,944
- Cash +€23,602
up €23,602 (+45,346%), from €52 to €23,655
mainly Trade debts (+€45,465) and Net result for the year (+€25,763)
- Tangible fixed assets +€2,337
up €2,337 (+230%), from €1,017 to €3,353
of which Furniture and vehicles: +€1,466
- Trade debts +€45,465
up €45,465 (+278%), from €16,357 to €61,822
- Profit (loss) carried forward +€25,763
up €25,763 (+155%), from €16,608 to €42,371
- Accrued charges and deferred income -€4,862
no longer reported in 2024 (was €4,862)
- Purchases and services +€166,619
up €166,619 (+130%), from €128,056 to €294,675
- Gross operating margin +€43,349
up €43,349 (+441%), from €9,826 to €53,175
- Staff costs +€19,963
new in 2024: €19,963
- Taxes +€4,381
up €4,381 (+202%), from €2,168 to €6,549
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.
Derived cash bridge
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 | €50,261 | €116,209 | +€65,947 | +131% |
| Fixed assets | 21/28 | €1,017 | €3,353 | +€2,337 | +230% |
| Tangible fixed assets | 22/27 | €1,017 | €3,353 | +€2,337 | +230% |
| Plant, machinery and equipment | 23 | €1,017 | €1,888 | +€871 | +85.7% |
| Furniture and vehicles | 24 | - | €1,466 | +€1,466 | |
| Current assets | 29/58 | €49,245 | €112,855 | +€63,611 | +129% |
| Stocks and contracts in progress | 3 | €15,875 | €15,875 | = | 0.0% |
| Stocks | 30/36 | €15,875 | €15,875 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €33,318 | €73,326 | +€40,008 | +120% |
| Trade receivables | 40 | €21,253 | €59,197 | +€37,944 | +179% |
| Other amounts receivable | 41 | €12,065 | €14,129 | +€2,065 | +17.1% |
| Cash at bank and in hand | 54/58 | €52 | €23,655 | +€23,602 | +45,346% |
| Total equity and liabilities | 10/49 | €50,261 | €116,209 | +€65,947 | +131% |
| Equity | 10/15 | €19,608 | €45,371 | +€25,763 | +131% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,608 | €42,371 | +€25,763 | +155% |
| Amounts payable | 17/49 | €30,653 | €70,838 | +€40,185 | +131% |
| Amounts payable within one year | 42/48 | €25,791 | €70,838 | +€45,047 | +175% |
| Trade debts | 44 | €16,357 | €61,822 | +€45,465 | +278% |
| Suppliers | 440/4 | €16,357 | €61,822 | +€45,465 | +278% |
| Taxes, remuneration and social security | 45 | €9,434 | €9,016 | -€418 | -4.4% |
| Taxes | 450/3 | €4,636 | €6,549 | +€1,913 | +41.3% |
| Remuneration and social security | 454/9 | €4,799 | €2,467 | -€2,332 | -48.6% |
| Accrued charges and deferred income | 492/3 | €4,862 | - | -€4,862 | |
| Goods, raw materials, services and sundry goods | 60/61 | €128,056 | €294,675 | +€166,619 | +130% |
| Remuneration, social security and pensions | 62 | - | €19,963 | +€19,963 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €152 | €402 | +€249 | +163% |
| Other operating charges | 640/8 | €303 | €834 | +€532 | +176% |
| Gross operating margin | 9900 | €9,826 | €53,175 | +€43,349 | +441% |
| Operating profit (loss) | 9901 | €9,371 | €31,976 | +€22,605 | +241% |
| Financial income | 75/76B | €1,139 | €851 | -€288 | -25.3% |
| Recurring financial income | 75 | €1,139 | €560 | -€579 | -50.9% |
| Non-recurring financial income | 76B | - | €291 | +€291 | |
| Financial charges | 65/66B | €6 | €515 | +€509 | +8,277% |
| Recurring financial charges | 65 | €6 | €515 | +€509 | +8,277% |
| Profit (loss) for the period before taxes | 9903 | €10,504 | €32,312 | +€21,808 | +208% |
| Income taxes | 67/77 | €2,168 | €6,549 | +€4,381 | +202% |
| Profit (loss) for the period | 9904 | €8,336 | €25,763 | +€17,426 | +209% |
| Profit (loss) for the period to be appropriated | 9905 | €8,336 | €25,763 | +€17,426 | +209% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.