HISAN: 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.
HISAN
Largest movements
- Receivables within one year +€64,302
up €64,302 (+294%), from €21,836 to €86,138
of which Other amounts receivable: +€61,852
- Cash -€32,927
down €32,927 (-24.4%), from €134,883 to €101,955
mainly Receivables within one year (-€64,302) and Current portion of long-term debt (-€15,000)
- Tangible fixed assets +€3,907
up €3,907 (+366%), from €1,066 to €4,973
of which Plant, machinery and equipment: +€2,188
- Profit (loss) carried forward +€39,470
up €39,470 (+32.7%), from €120,562 to €160,032
- Current portion of long-term debt -€15,000
no longer reported in 2025 (was €15,000)
- Tax, wage and social debts +€6,462
up €6,462 (+45.7%), from €14,148 to €20,611
- Trade debts +€4,380
up €4,380 (+72.5%), from €6,044 to €10,424
- Financial charges +€40,181
up €40,181 (+3,385%), from €1,187 to €41,368
- Gross operating margin +€23,190
up €23,190 (+34.5%), from €67,268 to €90,458
- Financial income +€4,437
up €4,437 (+1,082,205%), from €0 to €4,437
- Taxes -€1,603
down €1,603 (-11.5%), from €13,989 to €12,386
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 | €158,771 | €193,067 | +€34,295 | +21.6% |
| Fixed assets | 21/28 | €1,066 | €4,973 | +€3,907 | +366% |
| Tangible fixed assets | 22/27 | €1,066 | €4,973 | +€3,907 | +366% |
| Plant, machinery and equipment | 23 | - | €2,188 | +€2,188 | |
| Furniture and vehicles | 24 | €1,066 | €2,786 | +€1,720 | +161% |
| Current assets | 29/58 | €157,705 | €188,093 | +€30,388 | +19.3% |
| Amounts receivable within one year | 40/41 | €21,836 | €86,138 | +€64,302 | +294% |
| Trade receivables | 40 | €21,012 | €23,461 | +€2,450 | +11.7% |
| Other amounts receivable | 41 | €824 | €62,676 | +€61,852 | +7,503% |
| Cash at bank and in hand | 54/58 | €134,883 | €101,955 | -€32,927 | -24.4% |
| Deferred charges and accrued income | 490/1 | €986 | - | -€986 | |
| Total equity and liabilities | 10/49 | €158,771 | €193,067 | +€34,295 | +21.6% |
| Equity | 10/15 | €122,562 | €162,032 | +€39,470 | +32.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €120,562 | €160,032 | +€39,470 | +32.7% |
| Amounts payable | 17/49 | €36,209 | €31,035 | -€5,175 | -14.3% |
| Amounts payable within one year | 42/48 | €36,209 | €31,035 | -€5,175 | -14.3% |
| Current portion of amounts payable after more than one year | 42 | €15,000 | - | -€15,000 | |
| Trade debts | 44 | €6,044 | €10,424 | +€4,380 | +72.5% |
| Suppliers | 440/4 | €6,044 | €10,424 | +€4,380 | +72.5% |
| Taxes, remuneration and social security | 45 | €14,148 | €20,611 | +€6,462 | +45.7% |
| Taxes | 450/3 | €14,148 | €20,611 | +€6,462 | +45.7% |
| Other amounts payable | 47/48 | €1,017 | - | -€1,017 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €844 | €1,671 | +€827 | +98.0% |
| Other operating charges | 640/8 | €195 | - | -€195 | |
| Gross operating margin | 9900 | €67,268 | €90,458 | +€23,190 | +34.5% |
| Operating profit (loss) | 9901 | €66,229 | €88,787 | +€22,558 | +34.1% |
| Financial income | 75/76B | €0 | €4,437 | +€4,437 | +1,082,205% |
| Recurring financial income | 75 | €0 | €4,437 | +€4,437 | +1,082,205% |
| Financial charges | 65/66B | €1,187 | €41,368 | +€40,181 | +3,385% |
| Recurring financial charges | 65 | €1,187 | €41,368 | +€40,181 | +3,385% |
| Profit (loss) for the period before taxes | 9903 | €65,043 | €51,856 | -€13,187 | -20.3% |
| Income taxes | 67/77 | €13,989 | €12,386 | -€1,603 | -11.5% |
| Profit (loss) for the period | 9904 | €51,053 | €39,470 | -€11,583 | -22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €51,053 | €39,470 | -€11,583 | -22.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.