Hille Bis: 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.
Hille Bis
Largest movements
- Intangible fixed assets +€2.3m
new in 2025: €2.3m
- Receivables within one year +€661,690
up €661,690, from €0 to €661,690
of which Other amounts receivable: +€618,574
- Financial fixed assets +€580,557
new in 2025: €580,557
- Tangible fixed assets +€170,702
up €170,702 (+12.3%), from €1.4m to €1.6m
- Cash +€76,351
up €76,351 (+2,023%), from €3,774 to €80,125
mainly Debts after one year (+€2.7m) and Net result for the year (+€401,649)
- Debts after one year +€2.7m
up €2.7m (+235%), from €1.2m to €3.9m
of which Other amounts payable: +€2.3m
- Other debts +€369,225
up €369,225 (+9,416%), from €3,921 to €373,146
- Trade debts +€221,118
up €221,118 (+29,425%), from €751 to €221,869
- Contributions +€200,000
up €200,000 (+229%), from €87,500 to €287,500
- Current portion of long-term debt +€158,869
up €158,869 (+163%), from €97,403 to €256,272
- Gross operating margin +€344,887
up €344,887 (+277%), from €124,732 to €469,619
- Financial income +€55,731
new in 2025: €55,731
- Financial charges +€16,171
up €16,171 (+64.4%), from €25,108 to €41,280
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 | €1,394,071 | €5,157,193 | +€3.8m | +270% |
| Fixed assets | 21/28 | €1,389,658 | €4,414,737 | +€3.0m | +218% |
| Intangible fixed assets | 21 | - | €2,273,819 | +€2.3m | |
| Tangible fixed assets | 22/27 | €1,389,658 | €1,560,360 | +€170,702 | +12.3% |
| Land and buildings | 22 | €1,389,658 | €1,560,360 | +€170,702 | +12.3% |
| Financial fixed assets | 28 | - | €580,557 | +€580,557 | |
| Current assets | 29/58 | €4,413 | €742,456 | +€738,043 | +16,724% |
| Amounts receivable within one year | 40/41 | €0 | €661,690 | +€661,690 | |
| Trade receivables | 40 | - | €43,116 | +€43,116 | |
| Other amounts receivable | 41 | €0 | €618,574 | +€618,574 | |
| Cash at bank and in hand | 54/58 | €3,774 | €80,125 | +€76,351 | +2,023% |
| Deferred charges and accrued income | 490/1 | €639 | €642 | +€2 | +0.4% |
| Total equity and liabilities | 10/49 | €1,394,071 | €5,157,193 | +€3.8m | +270% |
| Equity | 10/15 | €136,394 | €426,380 | +€289,986 | +213% |
| Contributions | 10/11 | €87,500 | €287,500 | +€200,000 | +229% |
| Reserves | 13 | €48,894 | €138,880 | +€89,986 | +184% |
| Distributable reserves | 133 | €48,894 | €138,880 | +€89,986 | +184% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,257,677 | €4,730,813 | +€3.5m | +276% |
| Amounts payable after more than one year | 17 | €1,151,397 | €3,853,145 | +€2.7m | +235% |
| Financial debts | 170/4 | €1,123,842 | €1,503,067 | +€379,225 | +33.7% |
| Other amounts payable | 178/9 | €27,555 | €2,350,078 | +€2.3m | +8,429% |
| Amounts payable within one year | 42/48 | €106,280 | €877,668 | +€771,388 | +726% |
| Current portion of amounts payable after more than one year | 42 | €97,403 | €256,272 | +€158,869 | +163% |
| Trade debts | 44 | €751 | €221,869 | +€221,118 | +29,425% |
| Suppliers | 440/4 | €751 | €221,869 | +€221,118 | +29,425% |
| Taxes, remuneration and social security | 45 | €4,205 | €26,381 | +€22,176 | +527% |
| Taxes | 450/3 | €4,205 | €26,381 | +€22,176 | +527% |
| Other amounts payable | 47/48 | €3,921 | €373,146 | +€369,225 | +9,416% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,798 | €68,673 | +€1,875 | +2.8% |
| Other operating charges | 640/8 | €12,089 | €13,222 | +€1,134 | +9.4% |
| Gross operating margin | 9900 | €124,732 | €469,619 | +€344,887 | +277% |
| Operating profit (loss) | 9901 | €45,846 | €387,724 | +€341,878 | +746% |
| Financial income | 75/76B | - | €55,731 | +€55,731 | |
| Recurring financial income | 75 | - | €55,731 | +€55,731 | |
| Financial charges | 65/66B | €25,108 | €41,280 | +€16,171 | +64.4% |
| Recurring financial charges | 65 | €25,108 | €41,280 | +€16,171 | +64.4% |
| Profit (loss) for the period before taxes | 9903 | €20,737 | €402,175 | +€381,437 | +1,839% |
| Income taxes | 67/77 | €4,205 | €525 | -€3,679 | -87.5% |
| Profit (loss) for the period | 9904 | €16,532 | €401,649 | +€385,117 | +2,329% |
| Profit (loss) for the period to be appropriated | 9905 | €16,532 | €401,649 | +€385,117 | +2,329% |
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 14 October 2026 via checked.be.