Hiludent: 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.
Hiludent
Largest movements
- Receivables within one year +€36,350
up €36,350 (+160.1%), from €22,698 to €59,048
- Receivables after one year +€7,500
up €7,500 (+19.2%), from €39,000 to €46,500
- Cash +€5,112
up €5,112 (+3.9%), from €131,513 to €136,625
mainly Net result for the year (+€75,711) and Depreciation (+€2,355)
- Tangible fixed assets +€2,881
up €2,881 (+32.5%), from €8,875 to €11,756
- Reserves +€75,711
up €75,711 (+53.4%), from €141,812 to €217,522
- Tax, wage and social debts -€24,983
down €24,983 (-47.6%), from €52,505 to €27,522
of which Taxes: -€24,983
- Gross operating margin -€95,893
down €95,893 (-48.3%), from €198,605 to €102,713
- Taxes -€24,881
down €24,881 (-53.2%), from €46,748 to €21,868
- Financial charges -€4,181
down €4,181 (-65.7%), from €6,359 to €2,178
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 | €202,085 | €253,929 | +€51,844 | +25.7% |
| Fixed assets | 21/28 | €8,875 | €11,756 | +€2,881 | +32.5% |
| Tangible fixed assets | 22/27 | €8,875 | €11,756 | +€2,881 | +32.5% |
| Plant, machinery and equipment | 23 | €8,875 | €11,756 | +€2,881 | +32.5% |
| Current assets | 29/58 | €193,211 | €242,173 | +€48,962 | +25.3% |
| Amounts receivable after more than one year | 29 | €39,000 | €46,500 | +€7,500 | +19.2% |
| Other amounts receivable | 291 | €39,000 | €46,500 | +€7,500 | +19.2% |
| Amounts receivable within one year | 40/41 | €22,698 | €59,048 | +€36,350 | +160.1% |
| Trade receivables | 40 | €22,698 | €59,048 | +€36,350 | +160.1% |
| Cash at bank and in hand | 54/58 | €131,513 | €136,625 | +€5,112 | +3.9% |
| Total equity and liabilities | 10/49 | €202,085 | €253,929 | +€51,844 | +25.7% |
| Equity | 10/15 | €146,812 | €222,522 | +€75,711 | +51.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €141,812 | €217,522 | +€75,711 | +53.4% |
| Distributable reserves | 133 | €141,812 | €217,522 | +€75,711 | +53.4% |
| Amounts payable | 17/49 | €55,274 | €31,407 | -€23,867 | -43.2% |
| Amounts payable within one year | 42/48 | €55,274 | €31,407 | -€23,867 | -43.2% |
| Trade debts | 44 | €2,744 | €2,375 | -€368 | -13.4% |
| Suppliers | 440/4 | €2,744 | €2,375 | -€368 | -13.4% |
| Taxes, remuneration and social security | 45 | €52,505 | €27,522 | -€24,983 | -47.6% |
| Taxes | 450/3 | €46,748 | €21,765 | -€24,983 | -53.4% |
| Remuneration and social security | 454/9 | €5,756 | €5,756 | = | 0.0% |
| Other amounts payable | 47/48 | €25 | €1,510 | +€1,484 | +5845.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,452 | €2,355 | +€903 | +62.2% |
| Other operating charges | 640/8 | €3,128 | €2,011 | -€1,118 | -35.7% |
| Gross operating margin | 9900 | €198,605 | €102,713 | -€95,893 | -48.3% |
| Operating profit (loss) | 9901 | €194,025 | €98,347 | -€95,678 | -49.3% |
| Financial income | 75/76B | €894 | €1,410 | +€516 | +57.7% |
| Recurring financial income | 75 | €894 | €1,410 | +€516 | +57.7% |
| Financial charges | 65/66B | €6,359 | €2,178 | -€4,181 | -65.7% |
| Recurring financial charges | 65 | €6,359 | €2,178 | -€4,181 | -65.7% |
| Profit (loss) for the period before taxes | 9903 | €188,560 | €97,578 | -€90,982 | -48.3% |
| Income taxes | 67/77 | €46,748 | €21,868 | -€24,881 | -53.2% |
| Profit (loss) for the period | 9904 | €141,812 | €75,711 | -€66,101 | -46.6% |
| Profit (loss) for the period to be appropriated | 9905 | €141,812 | €75,711 | -€66,101 | -46.6% |
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 6 October 2026 via checked.be.