HILERE: 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.
HILERE
Largest movements
- Receivables within one year -€5,249
down €5,249 (-78.5%), from €6,682 to €1,433
of which Trade receivables: -€6,120
- Cash +€3,115
up €3,115 (+12.7%), from €24,513 to €27,628
mainly Receivables within one year (+€5,249) and Depreciation (+€833)
- Tangible fixed assets -€833
down €833 (-45.4%), from €1,835 to €1,003
of which Plant, machinery and equipment: -€732
- Tax, wage and social debts -€2,340
down €2,340 (-50.5%), from €4,636 to €2,295
of which Taxes: -€2,346
- Reserves -€1,286
down €1,286 (-7.0%), from €18,497 to €17,212
- Other debts +€774
up €774 (+9.6%), from €8,103 to €8,877
- Gross operating margin +€5,071
up €5,071, from -€3,757 to €1,313
- Depreciation -€696
down €696 (-45.5%), from €1,529 to €833
- Taxes +€688
up €688 (+148%), from €466 to €1,154
- Financial charges +€67
up €67 (+29.6%), from €225 to €292
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 | €33,140 | €30,174 | -€2,966 | -9.0% |
| Fixed assets | 21/28 | €1,945 | €1,113 | -€833 | -42.8% |
| Tangible fixed assets | 22/27 | €1,835 | €1,003 | -€833 | -45.4% |
| Plant, machinery and equipment | 23 | €939 | €207 | -€732 | -77.9% |
| Furniture and vehicles | 24 | €896 | €795 | -€100 | -11.2% |
| Financial fixed assets | 28 | €110 | €110 | = | 0.0% |
| Current assets | 29/58 | €31,195 | €29,061 | -€2,134 | -6.8% |
| Amounts receivable within one year | 40/41 | €6,682 | €1,433 | -€5,249 | -78.5% |
| Trade receivables | 40 | €6,682 | €562 | -€6,120 | -91.6% |
| Other amounts receivable | 41 | - | €871 | +€871 | |
| Cash at bank and in hand | 54/58 | €24,513 | €27,628 | +€3,115 | +12.7% |
| Total equity and liabilities | 10/49 | €33,140 | €30,174 | -€2,966 | -9.0% |
| Equity | 10/15 | €19,497 | €17,981 | -€1,516 | -7.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €18,497 | €17,212 | -€1,286 | -7.0% |
| Distributable reserves | 133 | €18,497 | €17,212 | -€1,286 | -7.0% |
| Profit (loss) carried forward | 14 | - | -€230 | -€230 | |
| Amounts payable | 17/49 | €13,643 | €12,193 | -€1,450 | -10.6% |
| Amounts payable within one year | 42/48 | €13,643 | €12,193 | -€1,450 | -10.6% |
| Trade debts | 44 | €904 | €1,020 | +€116 | +12.9% |
| Suppliers | 440/4 | €904 | €1,020 | +€116 | +12.9% |
| Taxes, remuneration and social security | 45 | €4,636 | €2,295 | -€2,340 | -50.5% |
| Taxes | 450/3 | €3,555 | €1,208 | -€2,346 | -66.0% |
| Remuneration and social security | 454/9 | €1,081 | €1,087 | +€6 | +0.6% |
| Other amounts payable | 47/48 | €8,103 | €8,877 | +€774 | +9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,529 | €833 | -€696 | -45.5% |
| Other operating charges | 640/8 | €621 | €633 | +€12 | +2.0% |
| Gross operating margin | 9900 | -€3,757 | €1,313 | +€5,071 | |
| Operating profit (loss) | 9901 | -€5,907 | -€153 | +€5,755 | +97.4% |
| Financial income | 75/76B | €95 | €82 | -€13 | -13.6% |
| Recurring financial income | 75 | €95 | €82 | -€13 | -13.6% |
| Financial charges | 65/66B | €225 | €292 | +€67 | +29.6% |
| Recurring financial charges | 65 | €225 | €292 | +€67 | +29.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,037 | -€363 | +€5,675 | +94.0% |
| Income taxes | 67/77 | €466 | €1,154 | +€688 | +148% |
| Profit (loss) for the period | 9904 | -€6,503 | -€1,516 | +€4,987 | +76.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,503 | -€1,516 | +€4,987 | +76.7% |
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 16 October 2026 via checked.be.