HILUX 1: what changed
Two financial 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.
HILUX 1
Largest movements
- Cash +€119,815
up €119,815 (+227%), from €52,720 to €172,535
mainly Current investments (+€101,098) and Net result for the year (+€40,780)
- Current investments -€101,098
down €101,098 (-100%), from €101,098 to €0
- Tangible fixed assets +€5,791
up €5,791 (+12.3%), from €47,087 to €52,878
of which Furniture and vehicles: +€4,524
- Reserves +€40,780
up €40,780 (+26.2%), from €155,604 to €196,385
- Other debts -€15,793
down €15,793 (-36.6%), from €43,194 to €27,401
- Gross operating margin +€33,730
up €33,730 (+75.4%), from €44,750 to €78,480
- Taxes +€10,954
up €10,954 (+131%), from €8,382 to €19,336
- Depreciation +€2,301
up €2,301 (+14.6%), from €15,714 to €18,016
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.
Derived cash bridge
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 | €218,227 | €243,936 | +€25,709 | +11.8% |
| Fixed assets | 21/28 | €62,087 | €67,878 | +€5,791 | +9.3% |
| Tangible fixed assets | 22/27 | €47,087 | €52,878 | +€5,791 | +12.3% |
| Land and buildings | 22 | €711 | €0 | -€711 | -100% |
| Plant, machinery and equipment | 23 | €2,002 | €3,979 | +€1,977 | +98.8% |
| Furniture and vehicles | 24 | €44,374 | €48,899 | +€4,524 | +10.2% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €156,140 | €176,059 | +€19,919 | +12.8% |
| Amounts receivable within one year | 40/41 | €1,517 | €2,180 | +€662 | +43.7% |
| Other amounts receivable | 41 | €1,517 | €2,180 | +€662 | +43.7% |
| Current investments | 50/53 | €101,098 | €0 | -€101,098 | -100% |
| Cash at bank and in hand | 54/58 | €52,720 | €172,535 | +€119,815 | +227% |
| Deferred charges and accrued income | 490/1 | €805 | €1,344 | +€539 | +66.9% |
| Total equity and liabilities | 10/49 | €218,227 | €243,936 | +€25,709 | +11.8% |
| Equity | 10/15 | €174,204 | €214,985 | +€40,780 | +23.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €155,604 | €196,385 | +€40,780 | +26.2% |
| Distributable reserves | 133 | €155,604 | €196,385 | +€40,780 | +26.2% |
| Amounts payable | 17/49 | €44,023 | €28,952 | -€15,071 | -34.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €44,023 | €28,952 | -€15,071 | -34.2% |
| Financial debts | 43 | €693 | €164 | -€530 | -76.4% |
| Credit institutions | 430/8 | €693 | €164 | -€530 | -76.4% |
| Trade debts | 44 | €21 | €147 | +€126 | +607% |
| Suppliers | 440/4 | €21 | €147 | +€126 | +607% |
| Taxes, remuneration and social security | 45 | €115 | €1,240 | +€1,125 | +978% |
| Taxes | 450/3 | €115 | €1,240 | +€1,125 | +978% |
| Other amounts payable | 47/48 | €43,194 | €27,401 | -€15,793 | -36.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,714 | €18,016 | +€2,301 | +14.6% |
| Other operating charges | 640/8 | €605 | €855 | +€250 | +41.4% |
| Gross operating margin | 9900 | €44,750 | €78,480 | +€33,730 | +75.4% |
| Operating profit (loss) | 9901 | €28,431 | €59,610 | +€31,179 | +110% |
| Financial income | 75/76B | €448 | €605 | +€157 | +35.2% |
| Recurring financial income | 75 | €448 | €605 | +€157 | +35.2% |
| Financial charges | 65/66B | €90 | €99 | +€9 | +9.6% |
| Recurring financial charges | 65 | €90 | €99 | +€9 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | €28,789 | €60,116 | +€31,328 | +109% |
| Income taxes | 67/77 | €8,382 | €19,336 | +€10,954 | +131% |
| Profit (loss) for the period | 9904 | €20,407 | €40,780 | +€20,374 | +99.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,407 | €40,780 | +€20,374 | +99.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.