HINA Group: 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.
HINA Group
Largest movements
- Receivables within one year +€32,156
up €32,156 (+150%), from €21,450 to €53,606
- Tangible fixed assets -€26,682
down €26,682 (-12.0%), from €222,888 to €196,206
of which Plant, machinery and equipment: -€26,178
- Profit (loss) carried forward -€90,679
down €90,679, from €14,053 to -€76,626
- Trade debts +€73,115
up €73,115 (+39.6%), from €184,402 to €257,516
- Tax, wage and social debts +€23,765
up €23,765 (+64.7%), from €36,755 to €60,520
of which Taxes: +€23,415
- Gross operating margin -€82,590
down €82,590 (-91.7%), from €90,105 to €7,515
- Staff costs +€10,253
up €10,253 (+28.6%), from €35,847 to €46,100
- Other operating charges +€6,242
new in 2024: €6,242
- Financial charges +€5,616
up €5,616 (+379%), from €1,481 to €7,097
- Taxes +€4,790
up €4,790 (+65.8%), from €7,283 to €12,073
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €295,680 | €298,982 | +€3,302 | +1.1% |
| Fixed assets | 21/28 | €259,288 | €232,606 | -€26,682 | -10.3% |
| Tangible fixed assets | 22/27 | €222,888 | €196,206 | -€26,682 | -12.0% |
| Plant, machinery and equipment | 23 | €222,154 | €195,976 | -€26,178 | -11.8% |
| Furniture and vehicles | 24 | €734 | €230 | -€504 | -68.7% |
| Financial fixed assets | 28 | €36,400 | €36,400 | = | 0.0% |
| Current assets | 29/58 | €36,392 | €66,376 | +€29,984 | +82.4% |
| Amounts receivable within one year | 40/41 | €21,450 | €53,606 | +€32,156 | +150% |
| Other amounts receivable | 41 | €21,450 | €53,606 | +€32,156 | +150% |
| Cash at bank and in hand | 54/58 | €14,942 | €12,770 | -€2,172 | -14.5% |
| Total equity and liabilities | 10/49 | €295,680 | €298,982 | +€3,302 | +1.1% |
| Equity | 10/15 | €71,625 | -€19,054 | -€90,679 | |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €20,371 | €20,371 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,720 | €3,720 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,720 | €3,720 | = | 0.0% |
| Distributable reserves | 133 | €16,651 | €16,651 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,053 | -€76,626 | -€90,679 | |
| Amounts payable | 17/49 | €224,055 | €318,036 | +€93,981 | +41.9% |
| Amounts payable within one year | 42/48 | €224,055 | €318,036 | +€93,981 | +41.9% |
| Trade debts | 44 | €184,402 | €257,516 | +€73,115 | +39.6% |
| Suppliers | 440/4 | €184,402 | €257,516 | +€73,115 | +39.6% |
| Taxes, remuneration and social security | 45 | €36,755 | €60,520 | +€23,765 | +64.7% |
| Taxes | 450/3 | €31,397 | €54,812 | +€23,415 | +74.6% |
| Remuneration and social security | 454/9 | €5,357 | €5,708 | +€351 | +6.5% |
| Other amounts payable | 47/48 | €2,899 | - | -€2,899 | |
| Remuneration, social security and pensions | 62 | €35,847 | €46,100 | +€10,253 | +28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,880 | €26,682 | +€801 | +3.1% |
| Other operating charges | 640/8 | - | €6,242 | +€6,242 | |
| Gross operating margin | 9900 | €90,105 | €7,515 | -€82,590 | -91.7% |
| Operating profit (loss) | 9901 | €28,378 | -€71,509 | -€99,887 | |
| Financial charges | 65/66B | €1,481 | €7,097 | +€5,616 | +379% |
| Recurring financial charges | 65 | €1,481 | €7,097 | +€5,616 | +379% |
| Profit (loss) for the period before taxes | 9903 | €26,896 | -€78,606 | -€105,503 | |
| Income taxes | 67/77 | €7,283 | €12,073 | +€4,790 | +65.8% |
| Profit (loss) for the period | 9904 | €19,614 | -€90,679 | -€110,293 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,614 | -€90,679 | -€110,293 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.