HillSphere: what changed
Two fiscal 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.
HillSphere
Largest movements
- Cash -€17,215
down €17,215 (-17.4%), from €98,844 to €81,629
mainly Contributions, distributions and other (-€74,999) and Deferred charges and accrued income (-€429)
- Tangible fixed assets -€4,496
down €4,496 (-28.9%), from €15,567 to €11,071
- Profit (loss) carried forward -€26,322
down €26,322 (-27.1%), from €97,060 to €70,738
- Tax, wage and social debts +€3,446
up €3,446 (+14.3%), from €24,044 to €27,490
of which Remuneration and social security: +€2,400
- Other debts +€1,879
up €1,879 (+90.5%), from €2,076 to €3,955
- Gross operating margin -€5,565
down €5,565 (-7.6%), from €73,596 to €68,031
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.
Cash bridge derived
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 | €126,182 | €105,263 | -€20,919 | -16.6% |
| Fixed assets | 21/28 | €15,567 | €11,071 | -€4,496 | -28.9% |
| Tangible fixed assets | 22/27 | €15,567 | €11,071 | -€4,496 | -28.9% |
| Furniture and vehicles | 24 | €15,567 | €11,071 | -€4,496 | -28.9% |
| Current assets | 29/58 | €110,615 | €94,192 | -€16,423 | -14.8% |
| Amounts receivable within one year | 40/41 | €11,072 | €11,435 | +€363 | +3.3% |
| Trade receivables | 40 | €11,072 | €11,435 | +€363 | +3.3% |
| Cash at bank and in hand | 54/58 | €98,844 | €81,629 | -€17,215 | -17.4% |
| Deferred charges and accrued income | 490/1 | €699 | €1,128 | +€429 | +61.4% |
| Total equity and liabilities | 10/49 | €126,182 | €105,263 | -€20,919 | -16.6% |
| Equity | 10/15 | €100,060 | €73,738 | -€26,322 | -26.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,060 | €70,738 | -€26,322 | -27.1% |
| Amounts payable | 17/49 | €26,122 | €31,525 | +€5,403 | +20.7% |
| Amounts payable within one year | 42/48 | €26,122 | €31,525 | +€5,403 | +20.7% |
| Trade debts | 44 | €2 | €80 | +€78 | +3900.0% |
| Suppliers | 440/4 | €2 | €80 | +€78 | +3900.0% |
| Taxes, remuneration and social security | 45 | €24,044 | €27,490 | +€3,446 | +14.3% |
| Taxes | 450/3 | €24,044 | €25,090 | +€1,046 | +4.4% |
| Remuneration and social security | 454/9 | - | €2,400 | +€2,400 | |
| Other amounts payable | 47/48 | €2,076 | €3,955 | +€1,879 | +90.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,857 | €4,496 | +€639 | +16.6% |
| Other operating charges | 640/8 | €931 | €675 | -€256 | -27.5% |
| Gross operating margin | 9900 | €73,596 | €68,031 | -€5,565 | -7.6% |
| Operating profit (loss) | 9901 | €68,808 | €62,860 | -€5,948 | -8.6% |
| Financial charges | 65/66B | €92 | €73 | -€19 | -20.7% |
| Recurring financial charges | 65 | €92 | €73 | -€19 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €68,716 | €62,787 | -€5,929 | -8.6% |
| Income taxes | 67/77 | €14,471 | €14,110 | -€361 | -2.5% |
| Profit (loss) for the period | 9904 | €54,245 | €48,677 | -€5,568 | -10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €54,245 | €48,677 | -€5,568 | -10.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.