HILSON: 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.
HILSON
Largest movements
- Cash +€140,262
up €140,262 (+11.0%), from €1.3m to €1.4m
mainly Net result for the year (+€58,374) and Current investments (+€51,292)
- Current investments -€51,292
down €51,292 (-87.7%), from €58,466 to €7,174
- Receivables within one year -€17,936
down €17,936 (-40.4%), from €44,411 to €26,475
- Reserves +€58,374
up €58,374 (+5.0%), from €1.2m to €1.2m
- Financial charges +€24,997
up €24,997 (+179.5%), from €13,926 to €38,922
- Gross operating margin +€13,961
up €13,961 (+12.7%), from €110,209 to €124,171
- Financial income -€5,163
down €5,163 (-34.8%), from €14,852 to €9,689
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 | €1,388,589 | €1,457,902 | +€69,312 | +5.0% |
| Fixed assets | 21/28 | €3,399 | €999 | -€2,400 | -70.6% |
| Tangible fixed assets | 22/27 | €3,399 | €999 | -€2,400 | -70.6% |
| Furniture and vehicles | 24 | €3,399 | €999 | -€2,400 | -70.6% |
| Current assets | 29/58 | €1,385,190 | €1,456,902 | +€71,712 | +5.2% |
| Amounts receivable within one year | 40/41 | €44,411 | €26,475 | -€17,936 | -40.4% |
| Trade receivables | 40 | €44,411 | €26,475 | -€17,936 | -40.4% |
| Current investments | 50/53 | €58,466 | €7,174 | -€51,292 | -87.7% |
| Cash at bank and in hand | 54/58 | €1,280,163 | €1,420,426 | +€140,262 | +11.0% |
| Deferred charges and accrued income | 490/1 | €2,150 | €2,828 | +€678 | +31.5% |
| Total equity and liabilities | 10/49 | €1,388,589 | €1,457,902 | +€69,312 | +5.0% |
| Equity | 10/15 | €1,167,446 | €1,225,820 | +€58,374 | +5.0% |
| Reserves | 13 | €1,167,446 | €1,225,820 | +€58,374 | +5.0% |
| Distributable reserves | 133 | €1,167,446 | €1,225,820 | +€58,374 | +5.0% |
| Amounts payable | 17/49 | €221,143 | €232,081 | +€10,938 | +4.9% |
| Amounts payable within one year | 42/48 | €206,856 | €219,615 | +€12,758 | +6.2% |
| Trade debts | 44 | €24,485 | €35,355 | +€10,870 | +44.4% |
| Suppliers | 440/4 | €24,485 | €35,355 | +€10,870 | +44.4% |
| Taxes, remuneration and social security | 45 | €14,766 | €18,762 | +€3,996 | +27.1% |
| Taxes | 450/3 | €14,766 | €18,762 | +€3,996 | +27.1% |
| Other amounts payable | 47/48 | €167,605 | €165,498 | -€2,107 | -1.3% |
| Accrued charges and deferred income | 492/3 | €14,287 | €12,467 | -€1,820 | -12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,582 | €2,400 | -€182 | -7.0% |
| Other operating charges | 640/8 | €2,913 | €3,008 | +€95 | +3.3% |
| Non-recurring operating charges | 66A | €63 | - | -€63 | |
| Gross operating margin | 9900 | €110,209 | €124,171 | +€13,961 | +12.7% |
| Operating profit (loss) | 9901 | €104,652 | €118,763 | +€14,111 | +13.5% |
| Financial income | 75/76B | €14,852 | €9,689 | -€5,163 | -34.8% |
| Recurring financial income | 75 | €14,852 | €9,689 | -€5,163 | -34.8% |
| Financial charges | 65/66B | €13,926 | €38,922 | +€24,997 | +179.5% |
| Recurring financial charges | 65 | €13,926 | €38,922 | +€24,997 | +179.5% |
| Profit (loss) for the period before taxes | 9903 | €105,578 | €89,530 | -€16,048 | -15.2% |
| Income taxes | 67/77 | €30,018 | €31,155 | +€1,138 | +3.8% |
| Profit (loss) for the period | 9904 | €75,560 | €58,374 | -€17,186 | -22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €75,560 | €58,374 | -€17,186 | -22.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.