Hill-Immo: 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-Immo
Largest movements
- Receivables within one year +€41,830
up €41,830 (+420%), from €9,961 to €51,791
of which Other amounts receivable: +€40,837
- Deferred charges and accrued income -€3,398
down €3,398 (-98.6%), from €3,446 to €48
- Tangible fixed assets -€2,983
down €2,983 (-40.7%), from €7,322 to €4,339
of which Land and buildings: -€1,543
- Intangible fixed assets -€2,000
down €2,000 (-20.2%), from €9,924 to €7,924
- Cash +€819
up €819 (+5.1%), from €15,985 to €16,804
mainly Other debts (+€40,178) and Net result for the year (+€23,447)
- Other debts +€40,178
up €40,178 (+17,411%), from €231 to €40,409
- Reserves -€24,093
down €24,093 (-91.6%), from €26,292 to €2,199
- Tax, wage and social debts +€13,254
up €13,254 (+233%), from €5,688 to €18,942
- Trade debts +€3,728
up €3,728 (+84.2%), from €4,428 to €8,156
- Accrued charges and deferred income +€1,200
new in 2025: €1,200
- Gross operating margin +€24,315
up €24,315 (+178%), from €13,626 to €37,941
- Taxes +€5,949
up €5,949 (+210%), from €2,831 to €8,780
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 | €46,638 | €80,905 | +€34,267 | +73.5% |
| Fixed assets | 21/28 | €17,246 | €12,262 | -€4,983 | -28.9% |
| Intangible fixed assets | 21 | €9,924 | €7,924 | -€2,000 | -20.2% |
| Tangible fixed assets | 22/27 | €7,322 | €4,339 | -€2,983 | -40.7% |
| Land and buildings | 22 | €3,295 | €1,752 | -€1,543 | -46.8% |
| Furniture and vehicles | 24 | €4,027 | €2,587 | -€1,440 | -35.8% |
| Current assets | 29/58 | €29,392 | €68,643 | +€39,250 | +134% |
| Amounts receivable within one year | 40/41 | €9,961 | €51,791 | +€41,830 | +420% |
| Trade receivables | 40 | €9,957 | €10,950 | +€993 | +10.0% |
| Other amounts receivable | 41 | €4 | €40,841 | +€40,837 | +1,080,340% |
| Cash at bank and in hand | 54/58 | €15,985 | €16,804 | +€819 | +5.1% |
| Deferred charges and accrued income | 490/1 | €3,446 | €48 | -€3,398 | -98.6% |
| Total equity and liabilities | 10/49 | €46,638 | €80,905 | +€34,267 | +73.5% |
| Equity | 10/15 | €36,292 | €12,199 | -€24,093 | -66.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €26,292 | €2,199 | -€24,093 | -91.6% |
| Distributable reserves | 133 | €26,292 | €2,199 | -€24,093 | -91.6% |
| Amounts payable | 17/49 | €10,346 | €68,706 | +€58,360 | +564% |
| Amounts payable within one year | 42/48 | €10,346 | €67,506 | +€57,160 | +552% |
| Trade debts | 44 | €4,428 | €8,156 | +€3,728 | +84.2% |
| Suppliers | 440/4 | €4,428 | €8,156 | +€3,728 | +84.2% |
| Taxes, remuneration and social security | 45 | €5,688 | €18,942 | +€13,254 | +233% |
| Taxes | 450/3 | €5,688 | €18,942 | +€13,254 | +233% |
| Other amounts payable | 47/48 | €231 | €40,409 | +€40,178 | +17,411% |
| Accrued charges and deferred income | 492/3 | - | €1,200 | +€1,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,118 | €4,983 | -€135 | -2.6% |
| Other operating charges | 640/8 | €584 | €528 | -€57 | -9.7% |
| Gross operating margin | 9900 | €13,626 | €37,941 | +€24,315 | +178% |
| Operating profit (loss) | 9901 | €7,923 | €32,430 | +€24,506 | +309% |
| Financial charges | 65/66B | €288 | €203 | -€86 | -29.7% |
| Recurring financial charges | 65 | €288 | €203 | -€86 | -29.7% |
| Profit (loss) for the period before taxes | 9903 | €7,635 | €32,227 | +€24,592 | +322% |
| Income taxes | 67/77 | €2,831 | €8,780 | +€5,949 | +210% |
| Profit (loss) for the period | 9904 | €4,803 | €23,447 | +€18,643 | +388% |
| Profit (loss) for the period to be appropriated | 9905 | €4,803 | €23,447 | +€18,643 | +388% |
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 15 October 2026 via checked.be.