Hilven: 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.
Hilven
Largest movements
- Receivables within one year +€31,184
up €31,184 (+361%), from €8,645 to €39,829
of which Trade receivables: +€34,124
- Stocks and contracts -€2,664
down €2,664 (-17.3%), from €15,433 to €12,769
of which Contracts in progress: -€3,000
- Cash +€2,204
up €2,204 (+58.0%), from €3,799 to €6,004
mainly Trade debts (+€21,593) and Net result for the year (+€5,974)
- Trade debts +€21,593
up €21,593 (+261%), from €8,265 to €29,858
- Debts after one year -€6,535
down €6,535 (-94.8%), from €6,893 to €358
- Reserves +€5,974
up €5,974 (+357%), from €1,674 to €7,647
- Tax, wage and social debts +€4,995
up €4,995 (+256%), from €1,950 to €6,946
of which Taxes: +€2,544
- Other debts +€3,818
up €3,818, from €0 to €3,818
- Taxes +€1,617
up €1,617 (+148%), from €1,095 to €2,712
- Financial charges -€1,194
down €1,194 (-52.4%), from €2,280 to €1,086
- Other operating charges -€432
down €432 (-24.9%), from €1,734 to €1,302
- Depreciation -€286
down €286 (-28.9%), from €989 to €703
- Gross operating margin +€135
up €135 (+1.2%), from €11,641 to €11,775
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 | €30,210 | €60,255 | +€30,045 | +99.5% |
| Formation expenses | 20 | €1,277 | €707 | -€570 | -44.6% |
| Fixed assets | 21/28 | €533 | €400 | -€133 | -25.0% |
| Tangible fixed assets | 22/27 | €133 | €0 | -€133 | -100% |
| Furniture and vehicles | 24 | €133 | €0 | -€133 | -100% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €28,400 | €59,148 | +€30,748 | +108% |
| Stocks and contracts in progress | 3 | €15,433 | €12,769 | -€2,664 | -17.3% |
| Stocks | 30/36 | €5,433 | €5,769 | +€336 | +6.2% |
| Contracts in progress | 37 | €10,000 | €7,000 | -€3,000 | -30.0% |
| Amounts receivable within one year | 40/41 | €8,645 | €39,829 | +€31,184 | +361% |
| Trade receivables | 40 | €3,520 | €37,644 | +€34,124 | +969% |
| Other amounts receivable | 41 | €5,125 | €2,185 | -€2,940 | -57.4% |
| Cash at bank and in hand | 54/58 | €3,799 | €6,004 | +€2,204 | +58.0% |
| Deferred charges and accrued income | 490/1 | €523 | €546 | +€23 | +4.4% |
| Total equity and liabilities | 10/49 | €30,210 | €60,255 | +€30,045 | +99.5% |
| Equity | 10/15 | €6,674 | €12,647 | +€5,974 | +89.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €1,674 | €7,647 | +€5,974 | +357% |
| Distributable reserves | 133 | €1,674 | €7,647 | +€5,974 | +357% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €23,536 | €47,608 | +€24,072 | +102% |
| Amounts payable after more than one year | 17 | €6,893 | €358 | -€6,535 | -94.8% |
| Financial debts | 170/4 | €6,893 | €358 | -€6,535 | -94.8% |
| Amounts payable within one year | 42/48 | €16,643 | €47,157 | +€30,514 | +183% |
| Current portion of amounts payable after more than one year | 42 | €6,428 | €6,535 | +€107 | +1.7% |
| Trade debts | 44 | €8,265 | €29,858 | +€21,593 | +261% |
| Suppliers | 440/4 | €8,265 | €29,858 | +€21,593 | +261% |
| Taxes, remuneration and social security | 45 | €1,950 | €6,946 | +€4,995 | +256% |
| Taxes | 450/3 | €1,950 | €4,495 | +€2,544 | +130% |
| Remuneration and social security | 454/9 | - | €2,451 | +€2,451 | |
| Other amounts payable | 47/48 | €0 | €3,818 | +€3,818 | |
| Accrued charges and deferred income | 492/3 | - | €93 | +€93 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €989 | €703 | -€286 | -28.9% |
| Other operating charges | 640/8 | €1,734 | €1,302 | -€432 | -24.9% |
| Non-recurring operating charges | 66A | €946 | €0 | -€946 | -100% |
| Gross operating margin | 9900 | €11,641 | €11,775 | +€135 | +1.2% |
| Operating profit (loss) | 9901 | €7,971 | €9,770 | +€1,799 | +22.6% |
| Financial income | 75/76B | €27 | €2 | -€25 | -92.7% |
| Recurring financial income | 75 | €27 | €2 | -€25 | -92.7% |
| Financial charges | 65/66B | €2,280 | €1,086 | -€1,194 | -52.4% |
| Recurring financial charges | 65 | €2,280 | €1,086 | -€1,194 | -52.4% |
| Profit (loss) for the period before taxes | 9903 | €5,718 | €8,686 | +€2,968 | +51.9% |
| Income taxes | 67/77 | €1,095 | €2,712 | +€1,617 | +148% |
| Profit (loss) for the period | 9904 | €4,623 | €5,974 | +€1,350 | +29.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,623 | €5,974 | +€1,350 | +29.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.