Hillside: 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.
Hillside
Largest movements
- Receivables within one year -€160,498
down €160,498 (-42.3%), from €379,272 to €218,774
of which Other amounts receivable: -€149,922
- Stocks and contracts +€127,251
up €127,251 (+5.9%), from €2.2m to €2.3m
- Trade debts -€28,888
down €28,888 (-31.4%), from €91,965 to €63,077
- Gross operating margin +€94,074
up €94,074 (+309%), from €30,421 to €124,495
- Financial charges +€20,827
up €20,827 (+20.5%), from €101,619 to €122,446
- Other operating charges +€5,787
up €5,787 (+625%), from €926 to €6,713
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 | €2,538,791 | €2,508,731 | -€30,060 | -1.2% |
| Current assets | 29/58 | €2,538,791 | €2,508,731 | -€30,060 | -1.2% |
| Stocks and contracts in progress | 3 | €2,157,830 | €2,285,081 | +€127,251 | +5.9% |
| Stocks | 30/36 | €2,157,830 | €2,285,081 | +€127,251 | +5.9% |
| Amounts receivable within one year | 40/41 | €379,272 | €218,774 | -€160,498 | -42.3% |
| Trade receivables | 40 | €10,576 | €0 | -€10,576 | -100% |
| Other amounts receivable | 41 | €368,697 | €218,774 | -€149,922 | -40.7% |
| Cash at bank and in hand | 54/58 | €1,689 | €4,876 | +€3,187 | +189% |
| Total equity and liabilities | 10/49 | €2,538,791 | €2,508,731 | -€30,060 | -1.2% |
| Equity | 10/15 | -€60,301 | -€64,964 | -€4,663 | -7.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,701 | -€77,364 | -€4,663 | -6.4% |
| Amounts payable | 17/49 | €2,599,092 | €2,573,695 | -€25,397 | -1.0% |
| Amounts payable after more than one year | 17 | €490,000 | €490,000 | = | 0.0% |
| Financial debts | 170/4 | €490,000 | €490,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,091,965 | €2,063,077 | -€28,888 | -1.4% |
| Financial debts | 43 | €2,000,000 | €2,000,000 | = | 0.0% |
| Credit institutions | 430/8 | €2,000,000 | €2,000,000 | = | 0.0% |
| Trade debts | 44 | €91,965 | €63,077 | -€28,888 | -31.4% |
| Suppliers | 440/4 | €91,965 | €63,077 | -€28,888 | -31.4% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €17,127 | €20,618 | +€3,491 | +20.4% |
| Other operating charges | 640/8 | €926 | €6,713 | +€5,787 | +625% |
| Gross operating margin | 9900 | €30,421 | €124,495 | +€94,074 | +309% |
| Operating profit (loss) | 9901 | €29,495 | €117,783 | +€88,287 | +299% |
| Financial income | 75/76B | €6 | €0 | -€6 | -100% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -100% |
| Financial charges | 65/66B | €101,619 | €122,446 | +€20,827 | +20.5% |
| Recurring financial charges | 65 | €101,619 | €122,446 | +€20,827 | +20.5% |
| Profit (loss) for the period before taxes | 9903 | -€72,118 | -€4,663 | +€67,455 | +93.5% |
| Income taxes | 67/77 | €89 | €0 | -€89 | -100% |
| Profit (loss) for the period | 9904 | -€72,207 | -€4,663 | +€67,544 | +93.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€72,207 | -€4,663 | +€67,544 | +93.5% |
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 14 October 2026 via checked.be.