HILL 62: 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.
What changed
HILL 62
NACE 91.220, Libraries, archives, museums and other cultural activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€41,829
2024 · €73,180-€31,350
Equity
€561,231
2024 · €614,280-€53,048
Cash
€179,212
2024 · €184,253-€5,041
Balance sheet total
€750,767
2024 · €781,344-€30,577
Largest movements
Assets
- Tangible fixed assets -€27,015
down €27,015 (-4.8%), from €568,555 to €541,540
of which Land and buildings: -€20,600
Equity and liabilities
- Reserves -€53,048
down €53,048 (-21.1%), from €250,920 to €197,871
- Other debts +€17,405
up €17,405 (+12.0%), from €144,488 to €161,893
Income statement
- Gross operating margin -€21,898
down €21,898 (-12.9%), from €169,143 to €147,245
- Taxes +€4,841
up €4,841 (+19.2%), from €25,211 to €30,052
- Financial charges +€3,942
up €3,942 (+42.4%), from €9,300 to €13,243
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.
Result 2024
€73,180
Gross operating margin
-€21,898
Staff costs
-€896
Depreciation
+€327
Other operating charges
-€22
Financial income
-€79
Financial charges
-€3,942
Taxes
-€4,841
Result 2025
€41,829
raises the resultlowers the result
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.
From operations
+€92,868
Investment
-€3,031
Financing
-€94,878
Cash 2024
€184,253
From operations (derived)
+€92,868
Net result for the year
+€41,829
Depreciation
+€30,046
Stocks and contracts
-€1,892
Receivables within one year
+€1,022
Deferred charges and accrued income
-€609
Trade debts
+€2,611
Tax, wage and social debts
-€1,173
Other debts
+€17,405
Accrued charges and deferred income
+€3,628
Investment (derived)
-€3,031
Investment in fixed assets (net)
-€3,031
Financing
-€94,878
Contributions, distributions and other
-€94,878
Cash 2025
€179,212
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €781,344 | €750,767 | -€30,577 | -3.9% |
| Fixed assets | 21/28 | €568,555 | €541,540 | -€27,015 | -4.8% |
| Tangible fixed assets | 22/27 | €568,555 | €541,540 | -€27,015 | -4.8% |
| Land and buildings | 22 | €400,656 | €380,056 | -€20,600 | -5.1% |
| Plant, machinery and equipment | 23 | €150,665 | €150,000 | -€665 | -0.4% |
| Furniture and vehicles | 24 | €17,234 | €11,484 | -€5,750 | -33.4% |
| Current assets | 29/58 | €212,790 | €209,228 | -€3,562 | -1.7% |
| Stocks and contracts in progress | 3 | €5,832 | €7,724 | +€1,892 | +32.4% |
| Stocks | 30/36 | €5,832 | €7,724 | +€1,892 | +32.4% |
| Amounts receivable within one year | 40/41 | €19,596 | €18,574 | -€1,022 | -5.2% |
| Trade receivables | 40 | €14,521 | €17,876 | +€3,355 | +23.1% |
| Other amounts receivable | 41 | €5,075 | €698 | -€4,377 | -86.2% |
| Cash at bank and in hand | 54/58 | €184,253 | €179,212 | -€5,041 | -2.7% |
| Deferred charges and accrued income | 490/1 | €3,109 | €3,718 | +€609 | +19.6% |
| Total equity and liabilities | 10/49 | €781,344 | €750,767 | -€30,577 | -3.9% |
| Equity | 10/15 | €614,280 | €561,231 | -€53,048 | -8.6% |
| Contributions | 10/11 | €363,360 | €363,360 | = | 0.0% |
| Reserves | 13 | €250,920 | €197,871 | -€53,048 | -21.1% |
| Distributable reserves | 133 | €250,920 | €197,871 | -€53,048 | -21.1% |
| Amounts payable | 17/49 | €167,065 | €189,536 | +€22,471 | +13.5% |
| Amounts payable within one year | 42/48 | €159,679 | €178,522 | +€18,844 | +11.8% |
| Trade debts | 44 | €3,690 | €6,301 | +€2,611 | +70.8% |
| Suppliers | 440/4 | €3,690 | €6,301 | +€2,611 | +70.8% |
| Taxes, remuneration and social security | 45 | €11,501 | €10,328 | -€1,173 | -10.2% |
| Taxes | 450/3 | €9,301 | €9,417 | +€116 | +1.2% |
| Remuneration and social security | 454/9 | €2,199 | €911 | -€1,289 | -58.6% |
| Other amounts payable | 47/48 | €144,488 | €161,893 | +€17,405 | +12.0% |
| Accrued charges and deferred income | 492/3 | €7,386 | €11,014 | +€3,628 | +49.1% |
| Remuneration, social security and pensions | 62 | €29,370 | €30,266 | +€896 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,373 | €30,046 | -€327 | -1.1% |
| Other operating charges | 640/8 | €2,661 | €2,683 | +€22 | +0.8% |
| Gross operating margin | 9900 | €169,143 | €147,245 | -€21,898 | -12.9% |
| Operating profit (loss) | 9901 | €106,739 | €84,251 | -€22,488 | -21.1% |
| Financial income | 75/76B | €951 | €873 | -€79 | -8.3% |
| Recurring financial income | 75 | €951 | €873 | -€79 | -8.3% |
| Financial charges | 65/66B | €9,300 | €13,243 | +€3,942 | +42.4% |
| Recurring financial charges | 65 | €9,300 | €13,243 | +€3,942 | +42.4% |
| Profit (loss) for the period before taxes | 9903 | €98,390 | €71,881 | -€26,509 | -26.9% |
| Income taxes | 67/77 | €25,211 | €30,052 | +€4,841 | +19.2% |
| Profit (loss) for the period | 9904 | €73,180 | €41,829 | -€31,350 | -42.8% |
| Profit (loss) for the period to be appropriated | 9905 | €73,180 | €41,829 | -€31,350 | -42.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.