HILU: 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.
HILU
Largest movements
- Cash +€33,620
up €33,620 (+58.4%), from €57,582 to €91,202
mainly Net result for the year (+€24,159) and Tax, wage and social debts (+€12,141)
- Reserves +€18,856
up €18,856 (+6.3%), from €299,982 to €318,838
- Tax, wage and social debts +€12,141
up €12,141, from €0 to €12,141
- Other debts -€5,141
down €5,141 (-49.2%), from €10,445 to €5,303
- Gross operating margin +€8,393
up €8,393 (+35.9%), from €23,361 to €31,754
- Financial income +€4,907
up €4,907 (+75.5%), from €6,496 to €11,403
- Taxes +€4,475
up €4,475 (+58.4%), from €7,666 to €12,141
- Other operating charges +€1,539
up €1,539 (+54.6%), from €2,817 to €4,355
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 | €330,963 | €361,844 | +€30,881 | +9.3% |
| Fixed assets | 21/28 | €68,560 | €66,428 | -€2,132 | -3.1% |
| Tangible fixed assets | 22/27 | €68,560 | €66,428 | -€2,132 | -3.1% |
| Land and buildings | 22 | €68,560 | €66,428 | -€2,132 | -3.1% |
| Current assets | 29/58 | €262,403 | €295,416 | +€33,013 | +12.6% |
| Amounts receivable within one year | 40/41 | €204,312 | €202,219 | -€2,093 | -1.0% |
| Other amounts receivable | 41 | €204,312 | €202,219 | -€2,093 | -1.0% |
| Cash at bank and in hand | 54/58 | €57,582 | €91,202 | +€33,620 | +58.4% |
| Deferred charges and accrued income | 490/1 | €509 | €1,995 | +€1,486 | +291.9% |
| Total equity and liabilities | 10/49 | €330,963 | €361,844 | +€30,881 | +9.3% |
| Equity | 10/15 | €319,982 | €338,838 | +€18,856 | +5.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €299,982 | €318,838 | +€18,856 | +6.3% |
| Distributable reserves | 133 | €299,982 | €318,838 | +€18,856 | +6.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €10,981 | €23,007 | +€12,025 | +109.5% |
| Amounts payable within one year | 42/48 | €10,981 | €20,889 | +€9,908 | +90.2% |
| Trade debts | 44 | €537 | €3,444 | +€2,908 | +541.8% |
| Suppliers | 440/4 | €537 | €3,444 | +€2,908 | +541.8% |
| Taxes, remuneration and social security | 45 | €0 | €12,141 | +€12,141 | |
| Taxes | 450/3 | €0 | €12,141 | +€12,141 | |
| Other amounts payable | 47/48 | €10,445 | €5,303 | -€5,141 | -49.2% |
| Accrued charges and deferred income | 492/3 | - | €2,118 | +€2,118 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,132 | €2,132 | = | 0.0% |
| Other operating charges | 640/8 | €2,817 | €4,355 | +€1,539 | +54.6% |
| Gross operating margin | 9900 | €23,361 | €31,754 | +€8,393 | +35.9% |
| Operating profit (loss) | 9901 | €18,412 | €25,267 | +€6,855 | +37.2% |
| Financial income | 75/76B | €6,496 | €11,403 | +€4,907 | +75.5% |
| Recurring financial income | 75 | €6,496 | €11,403 | +€4,907 | +75.5% |
| Financial charges | 65/66B | €340 | €370 | +€30 | +8.8% |
| Recurring financial charges | 65 | €340 | €370 | +€30 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | €24,568 | €36,300 | +€11,732 | +47.8% |
| Income taxes | 67/77 | €7,666 | €12,141 | +€4,475 | +58.4% |
| Profit (loss) for the period | 9904 | €16,903 | €24,159 | +€7,257 | +42.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,903 | €24,159 | +€7,257 | +42.9% |
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 3 October 2026 via checked.be.