HINNUS: 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.
HINNUS
Largest movements
- Cash -€18,129
down €18,129 (-46.4%), from €39,030 to €20,901
mainly Debts after one year (-€37,116) and Trade debts (-€23,409)
- Tangible fixed assets -€10,084
down €10,084 (-1.5%), from €671,545 to €661,461
of which Land and buildings: -€22,776
- Deferred charges and accrued income -€8,690
down €8,690 (-87.9%), from €9,886 to €1,196
- Receivables within one year -€7,959
down €7,959 (-28.6%), from €27,855 to €19,896
of which Trade receivables: -€18,199
- Debts after one year -€37,116
down €37,116 (-6.6%), from €559,074 to €521,958
of which Financial debts: -€37,116
- Trade debts -€23,409
down €23,409 (-82.2%), from €28,483 to €5,074
- Reserves +€14,923
up €14,923 (+14.0%), from €106,939 to €121,862
- Profit (loss) carried forward +€8,346
up €8,346, from -€8,346 to €0
- Gross operating margin +€9,858
up €9,858 (+16.2%), from €61,025 to €70,882
- Taxes +€6,168
up €6,168 (+2545.2%), from €242 to €6,410
- Depreciation +€1,643
up €1,643 (+7.2%), from €22,885 to €24,527
- Financial charges -€1,362
down €1,362 (-9.1%), from €14,962 to €13,600
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 | €748,566 | €703,704 | -€44,862 | -6.0% |
| Fixed assets | 21/28 | €671,795 | €661,711 | -€10,084 | -1.5% |
| Tangible fixed assets | 22/27 | €671,545 | €661,461 | -€10,084 | -1.5% |
| Land and buildings | 22 | €671,545 | €648,768 | -€22,776 | -3.4% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | €12,693 | +€12,693 | |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €76,771 | €41,993 | -€34,779 | -45.3% |
| Amounts receivable within one year | 40/41 | €27,855 | €19,896 | -€7,959 | -28.6% |
| Trade receivables | 40 | €22,855 | €4,656 | -€18,199 | -79.6% |
| Other amounts receivable | 41 | €5,000 | €15,240 | +€10,240 | +204.8% |
| Cash at bank and in hand | 54/58 | €39,030 | €20,901 | -€18,129 | -46.4% |
| Deferred charges and accrued income | 490/1 | €9,886 | €1,196 | -€8,690 | -87.9% |
| Total equity and liabilities | 10/49 | €748,566 | €703,704 | -€44,862 | -6.0% |
| Equity | 10/15 | €110,993 | €134,262 | +€23,269 | +21.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €106,939 | €121,862 | +€14,923 | +14.0% |
| Distributable reserves | 133 | €106,939 | €121,862 | +€14,923 | +14.0% |
| Profit (loss) carried forward | 14 | -€8,346 | €0 | +€8,346 | |
| Amounts payable | 17/49 | €637,573 | €569,441 | -€68,132 | -10.7% |
| Amounts payable after more than one year | 17 | €559,074 | €521,958 | -€37,116 | -6.6% |
| Financial debts | 170/4 | €558,749 | €521,633 | -€37,116 | -6.6% |
| Other amounts payable | 178/9 | €325 | €325 | = | 0.0% |
| Amounts payable within one year | 42/48 | €73,951 | €47,149 | -€26,802 | -36.2% |
| Current portion of amounts payable after more than one year | 42 | €36,304 | €37,116 | +€812 | +2.2% |
| Trade debts | 44 | €28,483 | €5,074 | -€23,409 | -82.2% |
| Suppliers | 440/4 | €28,483 | €5,074 | -€23,409 | -82.2% |
| Taxes, remuneration and social security | 45 | €5,942 | €4,959 | -€984 | -16.6% |
| Taxes | 450/3 | €5,942 | €4,959 | -€984 | -16.6% |
| Other amounts payable | 47/48 | €3,221 | €0 | -€3,221 | -100.0% |
| Accrued charges and deferred income | 492/3 | €4,548 | €335 | -€4,213 | -92.6% |
| Non-recurring operating income | 76A | - | €2,479 | +€2,479 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,885 | €24,527 | +€1,643 | +7.2% |
| Other operating charges | 640/8 | €4,287 | €3,709 | -€577 | -13.5% |
| Gross operating margin | 9900 | €61,025 | €70,882 | +€9,858 | +16.2% |
| Operating profit (loss) | 9901 | €33,854 | €42,646 | +€8,792 | +26.0% |
| Financial income | 75/76B | €1,204 | €634 | -€570 | -47.3% |
| Recurring financial income | 75 | €1,204 | €634 | -€570 | -47.3% |
| Financial charges | 65/66B | €14,962 | €13,600 | -€1,362 | -9.1% |
| Recurring financial charges | 65 | €14,962 | €13,600 | -€1,362 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €20,096 | €29,680 | +€9,584 | +47.7% |
| Income taxes | 67/77 | €242 | €6,410 | +€6,168 | +2545.2% |
| Profit (loss) for the period | 9904 | €19,853 | €23,269 | +€3,416 | +17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €19,853 | €23,269 | +€3,416 | +17.2% |
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.