Hilferd: what changed
Two fiscal 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.
Hilferd
Largest movements
- Tangible fixed assets +€22,148
up €22,148 (+9.9%), from €224,213 to €246,360
of which Land and buildings: +€30,000
- Cash +€15,093
up €15,093 (+140.1%), from €10,773 to €25,866
mainly Other debts (+€36,914) and Receivables within one year (+€12,177)
- Receivables within one year -€12,177
down €12,177 (-77.1%), from €15,796 to €3,618
of which Other amounts receivable: -€13,644
- Other debts +€36,914
up €36,914 (+15.1%), from €244,783 to €281,697
- Profit (loss) carried forward -€26,607
down €26,607 (-22.3%), from -€119,357 to -€145,965
- Trade debts +€11,765
up €11,765 (+268.9%), from €4,375 to €16,141
- Gross operating margin +€23,271
up €23,271 (+69.5%), from -€33,501 to -€10,230
- Depreciation +€6,720
up €6,720 (+593.2%), from €1,133 to €7,852
- Staff costs -€3,839
down €3,839 (-76.8%), from €5,001 to €1,162
- Other operating charges +€2,580
up €2,580 (+127.0%), from €2,031 to €4,611
- Financial charges +€2,117
up €2,117 (+2805.2%), from €75 to €2,192
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.
Cash bridge derived
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 | €254,016 | €276,313 | +€22,297 | +8.8% |
| Fixed assets | 21/28 | €224,213 | €246,360 | +€22,148 | +9.9% |
| Tangible fixed assets | 22/27 | €224,213 | €246,360 | +€22,148 | +9.9% |
| Land and buildings | 22 | €202,881 | €232,881 | +€30,000 | +14.8% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €21,332 | €13,480 | -€7,852 | -36.8% |
| Current assets | 29/58 | €29,804 | €29,953 | +€149 | +0.5% |
| Amounts receivable within one year | 40/41 | €15,796 | €3,618 | -€12,177 | -77.1% |
| Trade receivables | 40 | €1,647 | €3,114 | +€1,467 | +89.1% |
| Other amounts receivable | 41 | €14,149 | €504 | -€13,644 | -96.4% |
| Current investments | 50/53 | €2,387 | - | -€2,387 | |
| Cash at bank and in hand | 54/58 | €10,773 | €25,866 | +€15,093 | +140.1% |
| Deferred charges and accrued income | 490/1 | €848 | €468 | -€379 | -44.8% |
| Total equity and liabilities | 10/49 | €254,016 | €276,313 | +€22,297 | +8.8% |
| Equity | 10/15 | -€90,801 | -€117,408 | -€26,607 | -29.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,956 | €9,956 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €8,096 | €9,956 | +€1,860 | +23.0% |
| Profit (loss) carried forward | 14 | -€119,357 | -€145,965 | -€26,607 | -22.3% |
| Amounts payable | 17/49 | €344,817 | €393,722 | +€48,904 | +14.2% |
| Amounts payable after more than one year | 17 | €94,567 | €94,567 | = | 0.0% |
| Financial debts | 170/4 | €94,567 | €94,567 | = | 0.0% |
| Amounts payable within one year | 42/48 | €250,250 | €299,155 | +€48,904 | +19.5% |
| Trade debts | 44 | €4,375 | €16,141 | +€11,765 | +268.9% |
| Suppliers | 440/4 | €4,375 | €16,141 | +€11,765 | +268.9% |
| Advances received on contracts in progress | 46 | €600 | €600 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €492 | €717 | +€225 | +45.7% |
| Taxes | 450/3 | €492 | €717 | +€225 | +45.7% |
| Other amounts payable | 47/48 | €244,783 | €281,697 | +€36,914 | +15.1% |
| Remuneration, social security and pensions | 62 | €5,001 | €1,162 | -€3,839 | -76.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,133 | €7,852 | +€6,720 | +593.2% |
| Other operating charges | 640/8 | €2,031 | €4,611 | +€2,580 | +127.0% |
| Gross operating margin | 9900 | -€33,501 | -€10,230 | +€23,271 | +69.5% |
| Operating profit (loss) | 9901 | -€41,665 | -€23,855 | +€17,810 | +42.7% |
| Financial income | 75/76B | €22 | €11 | -€12 | -51.8% |
| Recurring financial income | 75 | €22 | €11 | -€12 | -51.8% |
| Financial charges | 65/66B | €75 | €2,192 | +€2,117 | +2805.2% |
| Recurring financial charges | 65 | €75 | €2,192 | +€2,117 | +2805.2% |
| Profit (loss) for the period before taxes | 9903 | -€41,718 | -€26,036 | +€15,682 | +37.6% |
| Income taxes | 67/77 | €495 | €571 | +€76 | +15.3% |
| Profit (loss) for the period | 9904 | -€42,214 | -€26,607 | +€15,606 | +37.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,214 | -€26,607 | +€15,606 | +37.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.