HIN&CO: 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.
HIN&CO
Largest movements
- Tangible fixed assets -€517,994
down €517,994 (-15.6%), from €3.3m to €2.8m
- Cash +€175,077
up €175,077 (+1092.5%), from €16,026 to €191,103
mainly Depreciation (+€517,994) and Stocks and contracts (+€90,311)
- Receivables within one year +€98,416
up €98,416 (+74.5%), from €132,180 to €230,596
- Stocks and contracts -€90,311
down €90,311 (-33.3%), from €270,933 to €180,622
- Debts after one year -€275,000
down €275,000 (-10.5%), from €2.6m to €2.3m
- Gross operating margin -€608,990
down €608,990 (-48.7%), from €1.3m to €641,134
- Depreciation +€21,942
up €21,942 (+4.4%), from €496,052 to €517,994
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 | €3,748,588 | €3,414,826 | -€333,762 | -8.9% |
| Fixed assets | 21/28 | €3,329,449 | €2,811,455 | -€517,994 | -15.6% |
| Tangible fixed assets | 22/27 | €3,329,449 | €2,811,455 | -€517,994 | -15.6% |
| Land and buildings | 22 | €3,329,449 | €2,811,455 | -€517,994 | -15.6% |
| Current assets | 29/58 | €419,139 | €603,371 | +€184,232 | +44.0% |
| Stocks and contracts in progress | 3 | €270,933 | €180,622 | -€90,311 | -33.3% |
| Stocks | 30/36 | €270,933 | €180,622 | -€90,311 | -33.3% |
| Amounts receivable within one year | 40/41 | €132,180 | €230,596 | +€98,416 | +74.5% |
| Trade receivables | 40 | €132,180 | €230,596 | +€98,416 | +74.5% |
| Cash at bank and in hand | 54/58 | €16,026 | €191,103 | +€175,077 | +1092.5% |
| Deferred charges and accrued income | 490/1 | - | €1,050 | +€1,050 | |
| Total equity and liabilities | 10/49 | €3,748,588 | €3,414,826 | -€333,762 | -8.9% |
| Equity | 10/15 | -€96,319 | -€104,175 | -€7,856 | -8.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€106,319 | -€114,175 | -€7,856 | -7.4% |
| Amounts payable | 17/49 | €3,844,907 | €3,519,001 | -€325,906 | -8.5% |
| Amounts payable after more than one year | 17 | €2,612,500 | €2,337,500 | -€275,000 | -10.5% |
| Financial debts | 170/4 | €2,612,500 | €2,337,500 | -€275,000 | -10.5% |
| Amounts payable within one year | 42/48 | €1,232,407 | €1,181,501 | -€50,906 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €275,000 | €275,000 | = | 0.0% |
| Trade debts | 44 | €32,100 | €3,952 | -€28,148 | -87.7% |
| Suppliers | 440/4 | €32,100 | €3,952 | -€28,148 | -87.7% |
| Taxes, remuneration and social security | 45 | - | €244 | +€244 | |
| Taxes | 450/3 | - | €244 | +€244 | |
| Other amounts payable | 47/48 | €925,307 | €902,305 | -€23,002 | -2.5% |
| Non-recurring operating income | 76A | €675,456 | - | -€675,456 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €496,052 | €517,994 | +€21,942 | +4.4% |
| Other operating charges | 640/8 | €27,707 | €29,174 | +€1,467 | +5.3% |
| Non-recurring operating charges | 66A | €604,061 | - | -€604,061 | |
| Gross operating margin | 9900 | €1,250,124 | €641,134 | -€608,990 | -48.7% |
| Operating profit (loss) | 9901 | €122,304 | €93,966 | -€28,338 | -23.2% |
| Financial income | 75/76B | - | €8,457 | +€8,457 | |
| Recurring financial income | 75 | - | €8,457 | +€8,457 | |
| Financial charges | 65/66B | €121,098 | €110,279 | -€10,819 | -8.9% |
| Recurring financial charges | 65 | €121,098 | €110,279 | -€10,819 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €1,206 | -€7,856 | -€9,062 | |
| Profit (loss) for the period | 9904 | €1,206 | -€7,856 | -€9,062 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,206 | -€7,856 | -€9,062 |
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 4 October 2026 via checked.be.