Hiros: 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.
Hiros
Largest movements
- Receivables within one year -€117,753
down €117,753 (-56.2%), from €209,567 to €91,815
of which Other amounts receivable: -€73,336
- Current investments -€50,000
no longer reported in 2025 (was €50,000)
- Cash +€28,618
up €28,618 (+9.7%), from €295,288 to €323,906
mainly Receivables within one year (+€117,753) and Current investments (+€50,000)
- Deferred charges and accrued income +€19,903
up €19,903 (+344%), from €5,777 to €25,680
- Accrued charges and deferred income -€114,883
down €114,883 (-74.0%), from €155,267 to €40,385
- Tax, wage and social debts -€23,941
down €23,941 (-28.9%), from €82,767 to €58,827
of which Remuneration and social security: -€20,698
- Profit (loss) carried forward +€19,795
up €19,795 (+8.2%), from €242,266 to €262,061
- Gross operating margin -€31,425
down €31,425 (-5.2%), from €601,231 to €569,806
- Staff costs +€13,116
up €13,116 (+2.5%), from €534,246 to €547,362
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 | €566,488 | €444,988 | -€121,501 | -21.4% |
| Fixed assets | 21/28 | €5,856 | €3,587 | -€2,269 | -38.7% |
| Tangible fixed assets | 22/27 | €5,856 | €3,587 | -€2,269 | -38.7% |
| Plant, machinery and equipment | 23 | €5,856 | €3,587 | -€2,269 | -38.7% |
| Current assets | 29/58 | €560,633 | €441,401 | -€119,232 | -21.3% |
| Amounts receivable within one year | 40/41 | €209,567 | €91,815 | -€117,753 | -56.2% |
| Trade receivables | 40 | €64,188 | €19,771 | -€44,417 | -69.2% |
| Other amounts receivable | 41 | €145,380 | €72,044 | -€73,336 | -50.4% |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €295,288 | €323,906 | +€28,618 | +9.7% |
| Deferred charges and accrued income | 490/1 | €5,777 | €25,680 | +€19,903 | +344% |
| Total equity and liabilities | 10/49 | €566,488 | €444,988 | -€121,501 | -21.4% |
| Equity | 10/15 | €305,834 | €325,629 | +€19,795 | +6.5% |
| Contributions | 10/11 | €2,093 | €2,093 | = | 0.0% |
| Capital | 10 | €2,093 | €2,093 | = | 0.0% |
| Reserves | 13 | €61,475 | €61,475 | = | 0.0% |
| Profit (loss) carried forward | 14 | €242,266 | €262,061 | +€19,795 | +8.2% |
| Amounts payable | 17/49 | €260,655 | €119,359 | -€141,296 | -54.2% |
| Amounts payable within one year | 42/48 | €105,388 | €78,974 | -€26,413 | -25.1% |
| Trade debts | 44 | €22,620 | €20,148 | -€2,472 | -10.9% |
| Suppliers | 440/4 | €22,620 | €20,148 | -€2,472 | -10.9% |
| Taxes, remuneration and social security | 45 | €82,767 | €58,827 | -€23,941 | -28.9% |
| Taxes | 450/3 | €9,863 | €6,620 | -€3,243 | -32.9% |
| Remuneration and social security | 454/9 | €72,905 | €52,207 | -€20,698 | -28.4% |
| Accrued charges and deferred income | 492/3 | €155,267 | €40,385 | -€114,883 | -74.0% |
| Remuneration, social security and pensions | 62 | €534,246 | €547,362 | +€13,116 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,059 | €2,269 | -€791 | -25.8% |
| Other operating charges | 640/8 | €267 | €209 | -€58 | -21.7% |
| Non-recurring operating charges | 66A | €369 | €570 | +€202 | +54.8% |
| Gross operating margin | 9900 | €601,231 | €569,806 | -€31,425 | -5.2% |
| Operating profit (loss) | 9901 | €63,290 | €19,396 | -€43,894 | -69.4% |
| Financial income | 75/76B | €25 | €844 | +€819 | +3,270% |
| Recurring financial income | 75 | €25 | €844 | +€819 | +3,270% |
| Financial charges | 65/66B | €1,228 | €444 | -€784 | -63.8% |
| Recurring financial charges | 65 | €1,228 | €444 | -€784 | -63.8% |
| Profit (loss) for the period before taxes | 9903 | €62,087 | €19,795 | -€42,292 | -68.1% |
| Profit (loss) for the period | 9904 | €62,087 | €19,795 | -€42,292 | -68.1% |
| Profit (loss) for the period to be appropriated | 9905 | €62,087 | €19,795 | -€42,292 | -68.1% |
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 13 October 2026 via checked.be.