Hill's Corp: 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's Corp
Largest movements
- Receivables within one year -€26,988
down €26,988 (-90.5%), from €29,810 to €2,821
of which Trade receivables: -€27,013
- Tangible fixed assets +€22,983
up €22,983 (+5.1%), from €451,225 to €474,208
of which Plant, machinery and equipment: +€29,471
- Cash +€7,160
up €7,160 (+188%), from €3,816 to €10,976
mainly Depreciation (+€27,667) and Receivables within one year (+€26,988)
- Trade debts -€15,614
down €15,614 (-63.5%), from €24,579 to €8,964
- Other debts +€11,753
up €11,753 (+5.2%), from €224,398 to €236,151
- Profit (loss) carried forward +€7,133
up €7,133, from -€5,892 to €1,241
- Gross operating margin +€20,468
up €20,468 (+63.6%), from €32,160 to €52,628
- Financial charges -€8,105
down €8,105 (-37.9%), from €21,377 to €13,272
- Write-downs +€5,862
no longer reported in 2025 (was -€5,862)
- Financial income -€5,231
down €5,231 (-99.9%), from €5,238 to €7
- Depreciation +€4,426
up €4,426 (+19.0%), from €23,241 to €27,667
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 | €499,091 | €498,914 | -€177 | 0.0% |
| Fixed assets | 21/28 | €451,225 | €474,208 | +€22,983 | +5.1% |
| Tangible fixed assets | 22/27 | €451,225 | €474,208 | +€22,983 | +5.1% |
| Land and buildings | 22 | €328,014 | €318,946 | -€9,068 | -2.8% |
| Plant, machinery and equipment | 23 | €81,209 | €110,680 | +€29,471 | +36.3% |
| Furniture and vehicles | 24 | €30,433 | €28,433 | -€2,000 | -6.6% |
| Other tangible fixed assets | 26 | €11,569 | €16,148 | +€4,579 | +39.6% |
| Current assets | 29/58 | €47,866 | €24,706 | -€23,160 | -48.4% |
| Stocks and contracts in progress | 3 | €13,012 | €10,371 | -€2,641 | -20.3% |
| Stocks | 30/36 | €13,012 | €10,371 | -€2,641 | -20.3% |
| Amounts receivable within one year | 40/41 | €29,810 | €2,821 | -€26,988 | -90.5% |
| Trade receivables | 40 | €28,969 | €1,956 | -€27,013 | -93.2% |
| Other amounts receivable | 41 | €840 | €865 | +€25 | +2.9% |
| Cash at bank and in hand | 54/58 | €3,816 | €10,976 | +€7,160 | +188% |
| Deferred charges and accrued income | 490/1 | €1,229 | €538 | -€691 | -56.2% |
| Total equity and liabilities | 10/49 | €499,091 | €498,914 | -€177 | 0.0% |
| Equity | 10/15 | €308 | €7,441 | +€7,133 | +2,318% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,892 | €1,241 | +€7,133 | |
| Amounts payable | 17/49 | €498,784 | €491,473 | -€7,311 | -1.5% |
| Amounts payable after more than one year | 17 | €230,203 | €226,077 | -€4,126 | -1.8% |
| Financial debts | 170/4 | €230,203 | €226,077 | -€4,126 | -1.8% |
| Amounts payable within one year | 42/48 | €268,581 | €264,612 | -€3,969 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €15,232 | €19,497 | +€4,264 | +28.0% |
| Trade debts | 44 | €24,579 | €8,964 | -€15,614 | -63.5% |
| Suppliers | 440/4 | €24,579 | €8,964 | -€15,614 | -63.5% |
| Taxes, remuneration and social security | 45 | €4,371 | - | -€4,371 | |
| Taxes | 450/3 | €4,371 | - | -€4,371 | |
| Other amounts payable | 47/48 | €224,398 | €236,151 | +€11,753 | +5.2% |
| Accrued charges and deferred income | 492/3 | €0 | €784 | +€784 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,241 | €27,667 | +€4,426 | +19.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€5,862 | - | +€5,862 | |
| Other operating charges | 640/8 | €4,156 | €4,564 | +€408 | +9.8% |
| Non-recurring operating charges | 66A | €6,456 | - | -€6,456 | |
| Gross operating margin | 9900 | €32,160 | €52,628 | +€20,468 | +63.6% |
| Operating profit (loss) | 9901 | €4,169 | €20,398 | +€16,228 | +389% |
| Financial income | 75/76B | €5,238 | €7 | -€5,231 | -99.9% |
| Recurring financial income | 75 | €5,238 | €7 | -€5,231 | -99.9% |
| Financial charges | 65/66B | €21,377 | €13,272 | -€8,105 | -37.9% |
| Recurring financial charges | 65 | €21,377 | €13,272 | -€8,105 | -37.9% |
| Profit (loss) for the period before taxes | 9903 | -€11,969 | €7,133 | +€19,103 | |
| Profit (loss) for the period | 9904 | -€11,969 | €7,133 | +€19,103 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,969 | €7,133 | +€19,103 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.