HILS: 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.
HILS
Largest movements
- Stocks and contracts -€58,182
down €58,182 (-100.0%), from €58,182 to €0
- Receivables within one year -€8,788
down €8,788 (-11.7%), from €75,133 to €66,345
of which Trade receivables: -€7,226
- Deferred charges and accrued income -€3,165
down €3,165 (-82.9%), from €3,820 to €655
- Profit (loss) carried forward -€73,759
down €73,759 (-145.7%), from -€50,636 to -€124,395
- Trade debts -€43,598
down €43,598 (-44.7%), from €97,454 to €53,856
- Other debts +€30,945
up €30,945 (+99.0%), from €31,247 to €62,192
- Tax, wage and social debts +€13,856
new in 2025: €13,856
of which Taxes: +€8,494
- Staff costs +€19,198
new in 2025: €19,198
- Write-downs +€15,797
new in 2025: €15,797
- Gross operating margin +€12,048
up €12,048 (+25.3%), from -€47,631 to -€35,584
- Financial charges +€1,398
up €1,398 (+226.9%), from €616 to €2,014
- Depreciation -€698
down €698 (-31.9%), from €2,191 to €1,493
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 | €153,065 | €80,509 | -€72,556 | -47.4% |
| Fixed assets | 21/28 | €9,687 | €8,194 | -€1,493 | -15.4% |
| Intangible fixed assets | 21 | €5,639 | €5,033 | -€606 | -10.7% |
| Tangible fixed assets | 22/27 | €4,048 | €3,161 | -€888 | -21.9% |
| Plant, machinery and equipment | 23 | €4,048 | €3,161 | -€888 | -21.9% |
| Current assets | 29/58 | €143,378 | €72,315 | -€71,063 | -49.6% |
| Stocks and contracts in progress | 3 | €58,182 | €0 | -€58,182 | -100.0% |
| Stocks | 30/36 | €58,182 | €0 | -€58,182 | -100.0% |
| Amounts receivable within one year | 40/41 | €75,133 | €66,345 | -€8,788 | -11.7% |
| Trade receivables | 40 | €73,571 | €66,345 | -€7,226 | -9.8% |
| Other amounts receivable | 41 | €1,562 | €0 | -€1,562 | -100.0% |
| Cash at bank and in hand | 54/58 | €6,243 | €5,316 | -€927 | -14.8% |
| Deferred charges and accrued income | 490/1 | €3,820 | €655 | -€3,165 | -82.9% |
| Total equity and liabilities | 10/49 | €153,065 | €80,509 | -€72,556 | -47.4% |
| Equity | 10/15 | €24,364 | -€49,395 | -€73,759 | |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,636 | -€124,395 | -€73,759 | -145.7% |
| Amounts payable | 17/49 | €128,701 | €129,904 | +€1,203 | +0.9% |
| Amounts payable within one year | 42/48 | €128,701 | €129,904 | +€1,203 | +0.9% |
| Trade debts | 44 | €97,454 | €53,856 | -€43,598 | -44.7% |
| Suppliers | 440/4 | €97,454 | €53,856 | -€43,598 | -44.7% |
| Taxes, remuneration and social security | 45 | - | €13,856 | +€13,856 | |
| Taxes | 450/3 | - | €8,494 | +€8,494 | |
| Remuneration and social security | 454/9 | - | €5,362 | +€5,362 | |
| Other amounts payable | 47/48 | €31,247 | €62,192 | +€30,945 | +99.0% |
| Non-recurring operating income | 76A | €5 | €3,000 | +€2,995 | +57042.9% |
| Remuneration, social security and pensions | 62 | - | €19,198 | +€19,198 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,191 | €1,493 | -€698 | -31.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €15,797 | +€15,797 | |
| Other operating charges | 640/8 | €197 | €31 | -€166 | -84.1% |
| Gross operating margin | 9900 | -€47,631 | -€35,584 | +€12,048 | +25.3% |
| Operating profit (loss) | 9901 | -€50,020 | -€72,103 | -€22,083 | -44.1% |
| Financial income | 75/76B | €0 | €358 | +€358 | +3576800.0% |
| Recurring financial income | 75 | €0 | €358 | +€358 | +3576800.0% |
| Financial charges | 65/66B | €616 | €2,014 | +€1,398 | +226.9% |
| Recurring financial charges | 65 | €616 | €2,014 | +€1,398 | +226.9% |
| Profit (loss) for the period before taxes | 9903 | -€50,636 | -€73,759 | -€23,123 | -45.7% |
| Profit (loss) for the period | 9904 | -€50,636 | -€73,759 | -€23,123 | -45.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€50,636 | -€73,759 | -€23,123 | -45.7% |
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 8 October 2026 via checked.be.