HILLTEX: 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.
HILLTEX
Largest movements
- Tangible fixed assets +€36,548
new in 2025: €36,548
- Stocks and contracts +€4,450
up €4,450 (+13.4%), from €33,136 to €37,586
- Cash -€2,368
down €2,368 (-19.3%), from €12,275 to €9,907
mainly Investment in fixed assets (net) (-€36,548) and Stocks and contracts (-€4,450)
- Receivables within one year -€1,877
down €1,877 (-13.3%), from €14,126 to €12,249
- Other debts +€14,677
new in 2025: €14,677
- Debts after one year +€10,194
new in 2025: €10,194
- Current portion of long-term debt +€4,806
new in 2025: €4,806
- Trade debts +€4,729
up €4,729 (+270.6%), from €1,748 to €6,477
- Profit (loss) carried forward +€2,321
up €2,321 (+18.8%), from €12,339 to €14,659
- Gross operating margin +€17,201
up €17,201 (+48.3%), from €35,586 to €52,787
- Staff costs -€3,539
down €3,539 (-12.3%), from €28,747 to €25,209
- Other operating charges +€2,035
up €2,035 (+420.9%), from €483 to €2,518
- Financial charges +€1,711
up €1,711 (+224.0%), from €764 to €2,475
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 | €60,454 | €97,208 | +€36,753 | +60.8% |
| Fixed assets | 21/28 | €918 | €37,466 | +€36,548 | +3980.5% |
| Tangible fixed assets | 22/27 | - | €36,548 | +€36,548 | |
| Furniture and vehicles | 24 | - | €36,548 | +€36,548 | |
| Financial fixed assets | 28 | €918 | €918 | = | 0.0% |
| Current assets | 29/58 | €59,536 | €59,741 | +€205 | +0.3% |
| Stocks and contracts in progress | 3 | €33,136 | €37,586 | +€4,450 | +13.4% |
| Stocks | 30/36 | €33,136 | €37,586 | +€4,450 | +13.4% |
| Amounts receivable within one year | 40/41 | €14,126 | €12,249 | -€1,877 | -13.3% |
| Other amounts receivable | 41 | €14,126 | €12,249 | -€1,877 | -13.3% |
| Cash at bank and in hand | 54/58 | €12,275 | €9,907 | -€2,368 | -19.3% |
| Total equity and liabilities | 10/49 | €60,454 | €97,208 | +€36,753 | +60.8% |
| Equity | 10/15 | €52,766 | €55,086 | +€2,321 | +4.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,827 | €21,827 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,327 | €1,327 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,327 | €1,327 | = | 0.0% |
| Distributable reserves | 133 | €20,500 | €20,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,339 | €14,659 | +€2,321 | +18.8% |
| Amounts payable | 17/49 | €7,689 | €42,122 | +€34,433 | +447.8% |
| Amounts payable after more than one year | 17 | - | €10,194 | +€10,194 | |
| Financial debts | 170/4 | - | €10,194 | +€10,194 | |
| Amounts payable within one year | 42/48 | €7,689 | €31,927 | +€24,239 | +315.3% |
| Current portion of amounts payable after more than one year | 42 | - | €4,806 | +€4,806 | |
| Trade debts | 44 | €1,748 | €6,477 | +€4,729 | +270.6% |
| Suppliers | 440/4 | €1,748 | €6,477 | +€4,729 | +270.6% |
| Taxes, remuneration and social security | 45 | €5,941 | €5,968 | +€27 | +0.5% |
| Taxes | 450/3 | €1,545 | €1,744 | +€199 | +12.9% |
| Remuneration and social security | 454/9 | €4,396 | €4,224 | -€172 | -3.9% |
| Other amounts payable | 47/48 | - | €14,677 | +€14,677 | |
| Remuneration, social security and pensions | 62 | €28,747 | €25,209 | -€3,539 | -12.3% |
| Other operating charges | 640/8 | €483 | €2,518 | +€2,035 | +420.9% |
| Non-recurring operating charges | 66A | - | €18,521 | +€18,521 | |
| Gross operating margin | 9900 | €35,586 | €52,787 | +€17,201 | +48.3% |
| Operating profit (loss) | 9901 | €6,355 | €6,540 | +€185 | +2.9% |
| Financial charges | 65/66B | €764 | €2,475 | +€1,711 | +224.0% |
| Recurring financial charges | 65 | €764 | €2,475 | +€1,711 | +224.0% |
| Profit (loss) for the period before taxes | 9903 | €5,591 | €4,065 | -€1,526 | -27.3% |
| Income taxes | 67/77 | €1,545 | €1,744 | +€199 | +12.9% |
| Profit (loss) for the period | 9904 | €4,046 | €2,321 | -€1,725 | -42.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,046 | €2,321 | -€1,725 | -42.6% |
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 30 September 2026 via checked.be.