HILDEBRAND: 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.
HILDEBRAND
Largest movements
- Receivables within one year -€21,930
down €21,930 (-37.3%), from €58,798 to €36,868
of which Trade receivables: -€22,043
- Stocks and contracts -€5,470
down €5,470 (-11.1%), from €49,498 to €44,027
- Cash -€5,438
down €5,438 (-63.9%), from €8,515 to €3,077
mainly Accrued charges and deferred income (-€33,938) and Net result for the year (-€14,678)
- Tangible fixed assets -€2,820
down €2,820 (-13.2%), from €21,428 to €18,608
of which Plant, machinery and equipment: -€10,724
- Accrued charges and deferred income -€33,938
down €33,938 (-100%), from €33,938 to €0
- Profit (loss) carried forward -€14,677
down €14,677 (-1,278%), from -€1,149 to -€15,826
- Other debts +€7,813
up €7,813 (+10.2%), from €76,407 to €84,221
- Trade debts +€2,464
up €2,464 (+39.0%), from €6,315 to €8,779
- Tax, wage and social debts +€1,971
up €1,971, from €0 to €1,971
of which Taxes: +€1,971
- Gross operating margin -€24,068
down €24,068, from €12,594 to -€11,474
- Staff costs -€10,560
down €10,560 (-100%), from €10,560 to €0
- Other operating charges +€213
new in 2024: €213
- Depreciation -€156
down €156 (-5.3%), from €2,977 to €2,820
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 | €138,947 | €102,580 | -€36,366 | -26.2% |
| Fixed assets | 21/28 | €22,136 | €18,608 | -€3,528 | -15.9% |
| Tangible fixed assets | 22/27 | €21,428 | €18,608 | -€2,820 | -13.2% |
| Plant, machinery and equipment | 23 | €21,428 | €10,704 | -€10,724 | -50.0% |
| Other tangible fixed assets | 26 | - | €7,904 | +€7,904 | |
| Financial fixed assets | 28 | €708 | €0 | -€708 | -100% |
| Current assets | 29/58 | €116,811 | €83,973 | -€32,838 | -28.1% |
| Stocks and contracts in progress | 3 | €49,498 | €44,027 | -€5,470 | -11.1% |
| Stocks | 30/36 | €49,498 | €44,027 | -€5,470 | -11.1% |
| Amounts receivable within one year | 40/41 | €58,798 | €36,868 | -€21,930 | -37.3% |
| Trade receivables | 40 | €58,798 | €36,755 | -€22,043 | -37.5% |
| Other amounts receivable | 41 | - | €113 | +€113 | |
| Cash at bank and in hand | 54/58 | €8,515 | €3,077 | -€5,438 | -63.9% |
| Total equity and liabilities | 10/49 | €138,947 | €102,580 | -€36,366 | -26.2% |
| Equity | 10/15 | €22,286 | €7,609 | -€14,677 | -65.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Capital | 10 | €18,550 | - | -€18,550 | |
| Issued capital | 100 | €18,550 | - | -€18,550 | |
| Reserves | 13 | €4,885 | €4,885 | = | 0.0% |
| Non-distributable reserves | 130/1 | €244 | €244 | = | 0.0% |
| Legal reserve | 130 | €244 | - | -€244 | |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Other | 1319 | - | €244 | +€244 | |
| Distributable reserves | 133 | €4,641 | €4,641 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,149 | -€15,826 | -€14,677 | -1,278% |
| Amounts payable | 17/49 | €116,661 | €94,971 | -€21,689 | -18.6% |
| Amounts payable within one year | 42/48 | €82,723 | €94,971 | +€12,249 | +14.8% |
| Trade debts | 44 | €6,315 | €8,779 | +€2,464 | +39.0% |
| Suppliers | 440/4 | €6,315 | €8,779 | +€2,464 | +39.0% |
| Taxes, remuneration and social security | 45 | €0 | €1,971 | +€1,971 | |
| Taxes | 450/3 | - | €1,971 | +€1,971 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €76,407 | €84,221 | +€7,813 | +10.2% |
| Accrued charges and deferred income | 492/3 | €33,938 | €0 | -€33,938 | -100% |
| Remuneration, social security and pensions | 62 | €10,560 | €0 | -€10,560 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,977 | €2,820 | -€156 | -5.3% |
| Other operating charges | 640/8 | - | €213 | +€213 | |
| Gross operating margin | 9900 | €12,594 | -€11,474 | -€24,068 | |
| Operating profit (loss) | 9901 | -€942 | -€14,507 | -€13,565 | -1,439% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €93 | €171 | +€78 | +84.5% |
| Recurring financial charges | 65 | €93 | €171 | +€78 | +84.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,035 | -€14,678 | -€13,643 | -1,318% |
| Profit (loss) for the period | 9904 | -€1,035 | -€14,678 | -€13,643 | -1,318% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,035 | -€14,678 | -€13,643 | -1,318% |
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 14 October 2026 via checked.be.