HILLINCRODE: 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.
HILLINCRODE
Largest movements
- Cash +€102,098
up €102,098 (+1,009%), from €10,117 to €112,215
mainly Current investments (+€100,000) and Net result for the year (+€4,805)
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Receivables within one year +€6,190
up €6,190 (+90.0%), from €6,880 to €13,070
of which Trade receivables: +€5,380
- Reserves +€4,805
up €4,805 (+8.7%), from €54,961 to €59,766
of which Distributable reserves: +€4,805
- Other debts +€3,163
new in 2025: €3,163
- Financial income +€1,994
up €1,994 (+187%), from €1,067 to €3,061
- Gross operating margin -€1,712
down €1,712 (-25.9%), from €6,608 to €4,896
- Taxes -€386
down €386 (-16.0%), from €2,415 to €2,029
- Other operating charges +€229
up €229 (+27.0%), from €850 to €1,079
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 | €272,649 | €280,937 | +€8,288 | +3.0% |
| Fixed assets | 21/28 | €155,652 | €155,652 | = | 0.0% |
| Tangible fixed assets | 22/27 | €155,652 | €155,652 | = | 0.0% |
| Land and buildings | 22 | €155,652 | €155,652 | = | 0.0% |
| Current assets | 29/58 | €116,997 | €125,285 | +€8,288 | +7.1% |
| Amounts receivable within one year | 40/41 | €6,880 | €13,070 | +€6,190 | +90.0% |
| Trade receivables | 40 | €6,880 | €12,260 | +€5,380 | +78.2% |
| Other amounts receivable | 41 | - | €810 | +€810 | |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €10,117 | €112,215 | +€102,098 | +1,009% |
| Total equity and liabilities | 10/49 | €272,649 | €280,937 | +€8,288 | +3.0% |
| Equity | 10/15 | €220,554 | €225,359 | +€4,805 | +2.2% |
| Contributions | 10/11 | €165,593 | €165,593 | = | 0.0% |
| Capital | 10 | €165,593 | €165,593 | = | 0.0% |
| Issued capital | 100 | €165,593 | €165,593 | = | 0.0% |
| Reserves | 13 | €54,961 | €59,766 | +€4,805 | +8.7% |
| Non-distributable reserves | 130/1 | €4,304 | €4,304 | = | 0.0% |
| Legal reserve | 130 | €4,304 | €4,304 | = | 0.0% |
| Distributable reserves | 133 | €50,658 | €55,463 | +€4,805 | +9.5% |
| Amounts payable | 17/49 | €52,095 | €55,578 | +€3,484 | +6.7% |
| Amounts payable within one year | 42/48 | €52,095 | €55,578 | +€3,484 | +6.7% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Other loans | 439 | €50,000 | €50,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,095 | €2,415 | +€321 | +15.3% |
| Taxes | 450/3 | €2,095 | €2,415 | +€321 | +15.3% |
| Other amounts payable | 47/48 | - | €3,163 | +€3,163 | |
| Other operating charges | 640/8 | €850 | €1,079 | +€229 | +27.0% |
| Gross operating margin | 9900 | €6,608 | €4,896 | -€1,712 | -25.9% |
| Operating profit (loss) | 9901 | €5,758 | €3,817 | -€1,941 | -33.7% |
| Financial income | 75/76B | €1,067 | €3,061 | +€1,994 | +187% |
| Recurring financial income | 75 | €1,067 | €3,061 | +€1,994 | +187% |
| Financial charges | 65/66B | €46 | €45 | -€1 | -2.7% |
| Recurring financial charges | 65 | €46 | €45 | -€1 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | €6,779 | €6,834 | +€55 | +0.8% |
| Income taxes | 67/77 | €2,415 | €2,029 | -€386 | -16.0% |
| Profit (loss) for the period | 9904 | €4,364 | €4,805 | +€440 | +10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,364 | €4,805 | +€440 | +10.1% |
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 23 October 2026 via checked.be.