Hill House: 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.
Hill House
Largest movements
- Stocks and contracts +€134,225
up €134,225 (+84.0%), from €159,732 to €293,957
- Receivables within one year -€62,965
down €62,965 (-44.8%), from €140,658 to €77,693
of which Trade receivables: -€123,884
- Receivables after one year +€53,000
up €53,000 (+106%), from €50,000 to €103,000
- Deferred charges and accrued income +€6,180
new in 2024: €6,180
- Debts after one year +€145,000
up €145,000 (+80.6%), from €180,000 to €325,000
- Trade debts -€56,512
down €56,512 (-54.1%), from €104,539 to €48,027
- Other debts -€32,554
down €32,554 (-81.8%), from €39,804 to €7,250
- Profit (loss) carried forward +€26,314
up €26,314, from -€26,314 to €0
- Reserves +€25,504
up €25,504 (+68.9%), from €36,993 to €62,497
of which Distributable reserves: +€25,504
- Taxes +€13,059
new in 2024: €13,059
- Gross operating margin -€12,401
down €12,401 (-17.4%), from €71,282 to €58,880
- Financial income +€4,740
up €4,740 (+329%), from €1,440 to €6,180
- Financial charges -€1,080
down €1,080 (-85.5%), from €1,264 to €184
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 | €356,212 | €489,415 | +€133,203 | +37.4% |
| Fixed assets | 21/28 | - | €4,800 | +€4,800 | |
| Financial fixed assets | 28 | - | €4,800 | +€4,800 | |
| Current assets | 29/58 | €356,212 | €484,615 | +€128,403 | +36.0% |
| Amounts receivable after more than one year | 29 | €50,000 | €103,000 | +€53,000 | +106% |
| Other amounts receivable | 291 | €50,000 | €103,000 | +€53,000 | +106% |
| Stocks and contracts in progress | 3 | €159,732 | €293,957 | +€134,225 | +84.0% |
| Stocks | 30/36 | €159,732 | €293,957 | +€134,225 | +84.0% |
| Amounts receivable within one year | 40/41 | €140,658 | €77,693 | -€62,965 | -44.8% |
| Trade receivables | 40 | €126,193 | €2,310 | -€123,884 | -98.2% |
| Other amounts receivable | 41 | €14,464 | €75,383 | +€60,919 | +421% |
| Cash at bank and in hand | 54/58 | €5,822 | €3,785 | -€2,037 | -35.0% |
| Deferred charges and accrued income | 490/1 | - | €6,180 | +€6,180 | |
| Total equity and liabilities | 10/49 | €356,212 | €489,415 | +€133,203 | +37.4% |
| Equity | 10/15 | €16,879 | €68,697 | +€51,818 | +307% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €36,993 | €62,497 | +€25,504 | +68.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €35,133 | €60,637 | +€25,504 | +72.6% |
| Profit (loss) carried forward | 14 | -€26,314 | €0 | +€26,314 | |
| Amounts payable | 17/49 | €339,333 | €420,718 | +€81,385 | +24.0% |
| Amounts payable after more than one year | 17 | €180,000 | €325,000 | +€145,000 | +80.6% |
| Other amounts payable | 178/9 | €180,000 | €325,000 | +€145,000 | +80.6% |
| Amounts payable within one year | 42/48 | €159,333 | €95,718 | -€63,615 | -39.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €104,539 | €48,027 | -€56,512 | -54.1% |
| Suppliers | 440/4 | €104,539 | €48,027 | -€56,512 | -54.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €14,990 | €40,441 | +€25,451 | +170% |
| Taxes | 450/3 | €14,990 | €40,441 | +€25,451 | +170% |
| Other amounts payable | 47/48 | €39,804 | €7,250 | -€32,554 | -81.8% |
| Other operating charges | 640/8 | €176 | €0 | -€176 | -100% |
| Gross operating margin | 9900 | €71,282 | €58,880 | -€12,401 | -17.4% |
| Operating profit (loss) | 9901 | €71,106 | €58,880 | -€12,226 | -17.2% |
| Financial income | 75/76B | €1,440 | €6,180 | +€4,740 | +329% |
| Recurring financial income | 75 | €1,440 | €6,180 | +€4,740 | +329% |
| Financial charges | 65/66B | €1,264 | €184 | -€1,080 | -85.5% |
| Recurring financial charges | 65 | €1,264 | €184 | -€1,080 | -85.5% |
| Profit (loss) for the period before taxes | 9903 | €71,282 | €64,877 | -€6,405 | -9.0% |
| Income taxes | 67/77 | - | €13,059 | +€13,059 | |
| Profit (loss) for the period | 9904 | €71,282 | €51,818 | -€19,464 | -27.3% |
| Profit (loss) for the period to be appropriated | 9905 | €71,282 | €51,818 | -€19,464 | -27.3% |
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 28 October 2026 via checked.be.