HILDAS RETAIL: 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.
HILDAS RETAIL
Largest movements
- Receivables within one year +€92,480
up €92,480 (+35.2%), from €262,727 to €355,207
of which Trade receivables: +€89,044
- Tangible fixed assets +€86,071
up €86,071 (+214%), from €40,269 to €126,341
- Stocks and contracts -€52,720
down €52,720 (-20.0%), from €263,357 to €210,637
- Cash -€31,914
down €31,914 (-69.1%), from €46,192 to €14,278
mainly Trade debts (-€114,657) and Investment in fixed assets (net) (-€112,850)
- Deferred charges and accrued income +€9,742
up €9,742 (+1,478%), from €659 to €10,402
- Trade debts -€114,657
down €114,657 (-32.0%), from €358,820 to €244,162
- Reserves +€95,000
up €95,000 (+115%), from €82,500 to €177,500
- Debts after one year +€51,974
up €51,974 (+686%), from €7,579 to €59,553
- Tax, wage and social debts +€42,993
up €42,993 (+47.0%), from €91,432 to €134,425
of which Taxes: +€37,245
- Current portion of long-term debt +€22,501
up €22,501 (+128%), from €17,569 to €40,070
- Gross operating margin +€108,281
up €108,281 (+36.7%), from €294,718 to €402,999
- Staff costs +€59,491
up €59,491 (+38.5%), from €154,411 to €213,902
- Depreciation +€18,655
up €18,655 (+227%), from €8,210 to €26,865
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 | €613,291 | €716,865 | +€103,574 | +16.9% |
| Formation expenses | 20 | €86 | - | -€86 | |
| Fixed assets | 21/28 | €40,269 | €126,341 | +€86,071 | +214% |
| Tangible fixed assets | 22/27 | €40,269 | €126,341 | +€86,071 | +214% |
| Furniture and vehicles | 24 | €40,269 | €126,341 | +€86,071 | +214% |
| Current assets | 29/58 | €572,935 | €590,524 | +€17,589 | +3.1% |
| Stocks and contracts in progress | 3 | €263,357 | €210,637 | -€52,720 | -20.0% |
| Stocks | 30/36 | €263,357 | €210,637 | -€52,720 | -20.0% |
| Amounts receivable within one year | 40/41 | €262,727 | €355,207 | +€92,480 | +35.2% |
| Trade receivables | 40 | €258,137 | €347,181 | +€89,044 | +34.5% |
| Other amounts receivable | 41 | €4,591 | €8,027 | +€3,436 | +74.9% |
| Cash at bank and in hand | 54/58 | €46,192 | €14,278 | -€31,914 | -69.1% |
| Deferred charges and accrued income | 490/1 | €659 | €10,402 | +€9,742 | +1,478% |
| Total equity and liabilities | 10/49 | €613,291 | €716,865 | +€103,574 | +16.9% |
| Equity | 10/15 | €87,785 | €182,733 | +€94,949 | +108% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €82,500 | €177,500 | +€95,000 | +115% |
| Distributable reserves | 133 | €82,500 | €177,500 | +€95,000 | +115% |
| Profit (loss) carried forward | 14 | €2,285 | €2,233 | -€51 | -2.2% |
| Amounts payable | 17/49 | €525,506 | €534,131 | +€8,625 | +1.6% |
| Amounts payable after more than one year | 17 | €7,579 | €59,553 | +€51,974 | +686% |
| Financial debts | 170/4 | €7,579 | €59,553 | +€51,974 | +686% |
| Amounts payable within one year | 42/48 | €517,821 | €473,658 | -€44,163 | -8.5% |
| Current portion of amounts payable after more than one year | 42 | €17,569 | €40,070 | +€22,501 | +128% |
| Financial debts | 43 | €50,000 | €55,000 | +€5,000 | +10.0% |
| Other loans | 439 | €50,000 | €55,000 | +€5,000 | +10.0% |
| Trade debts | 44 | €358,820 | €244,162 | -€114,657 | -32.0% |
| Suppliers | 440/4 | €358,820 | €244,162 | -€114,657 | -32.0% |
| Taxes, remuneration and social security | 45 | €91,432 | €134,425 | +€42,993 | +47.0% |
| Taxes | 450/3 | €58,275 | €95,519 | +€37,245 | +63.9% |
| Remuneration and social security | 454/9 | €33,158 | €38,906 | +€5,748 | +17.3% |
| Accrued charges and deferred income | 492/3 | €106 | €920 | +€814 | +769% |
| Remuneration, social security and pensions | 62 | €154,411 | €213,902 | +€59,491 | +38.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,210 | €26,865 | +€18,655 | +227% |
| Other operating charges | 640/8 | €283 | €979 | +€696 | +246% |
| Non-recurring operating charges | 66A | €33 | €18,612 | +€18,579 | +56,541% |
| Gross operating margin | 9900 | €294,718 | €402,999 | +€108,281 | +36.7% |
| Operating profit (loss) | 9901 | €131,781 | €142,640 | +€10,859 | +8.2% |
| Financial income | 75/76B | €1 | €64 | +€63 | +5,893% |
| Recurring financial income | 75 | €1 | €64 | +€63 | +5,893% |
| Financial charges | 65/66B | €5,729 | €6,477 | +€748 | +13.1% |
| Recurring financial charges | 65 | €5,729 | €6,477 | +€748 | +13.1% |
| Profit (loss) for the period before taxes | 9903 | €126,054 | €136,228 | +€10,174 | +8.1% |
| Income taxes | 67/77 | €41,269 | €41,279 | +€10 | 0.0% |
| Profit (loss) for the period | 9904 | €84,785 | €94,949 | +€10,164 | +12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €84,785 | €94,949 | +€10,164 | +12.0% |
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 22 October 2026 via checked.be.