HISAR 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.
HISAR GROUP
Largest movements
- Receivables within one year +€4,003
up €4,003 (+8.2%), from €48,774 to €52,777
of which Trade receivables: +€3,992
- Cash -€1,042
down €1,042 (-20.6%), from €5,057 to €4,016
mainly Receivables within one year (-€4,003)
- Reserves +€2,211
up €2,211 (+6.6%), from €33,671 to €35,883
of which Distributable reserves: +€2,211
- Tax, wage and social debts +€750
up €750 (+48.1%), from €1,560 to €2,310
- Gross operating margin -€5,566
down €5,566 (-75.7%), from €7,350 to €1,785
- Financial income +€1,925
up €1,925 (+19,250,900%), from €0 to €1,925
- Taxes -€476
down €476 (-38.8%), from €1,226 to €750
- Other operating charges -€395
down €395 (-43.2%), from €914 to €520
- Financial charges -€255
down €255 (-52.7%), from €484 to €229
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 | €53,831 | €56,793 | +€2,961 | +5.5% |
| Current assets | 29/58 | €53,831 | €56,793 | +€2,961 | +5.5% |
| Amounts receivable within one year | 40/41 | €48,774 | €52,777 | +€4,003 | +8.2% |
| Trade receivables | 40 | €11,797 | €15,789 | +€3,992 | +33.8% |
| Other amounts receivable | 41 | €36,977 | €36,988 | +€10 | 0.0% |
| Cash at bank and in hand | 54/58 | €5,057 | €4,016 | -€1,042 | -20.6% |
| Total equity and liabilities | 10/49 | €53,831 | €56,793 | +€2,961 | +5.5% |
| Equity | 10/15 | €52,271 | €54,483 | +€2,211 | +4.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €33,671 | €35,883 | +€2,211 | +6.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €31,811 | €34,023 | +€2,211 | +7.0% |
| Amounts payable | 17/49 | €1,560 | €2,310 | +€750 | +48.1% |
| Amounts payable within one year | 42/48 | €1,560 | €2,310 | +€750 | +48.1% |
| Taxes, remuneration and social security | 45 | €1,560 | €2,310 | +€750 | +48.1% |
| Taxes | 450/3 | €1,560 | €2,310 | +€750 | +48.1% |
| Other operating charges | 640/8 | €914 | €520 | -€395 | -43.2% |
| Gross operating margin | 9900 | €7,350 | €1,785 | -€5,566 | -75.7% |
| Operating profit (loss) | 9901 | €6,436 | €1,265 | -€5,171 | -80.3% |
| Financial income | 75/76B | €0 | €1,925 | +€1,925 | +19,250,900% |
| Recurring financial income | 75 | €0 | €1,925 | +€1,925 | +19,250,900% |
| Financial charges | 65/66B | €484 | €229 | -€255 | -52.7% |
| Recurring financial charges | 65 | €484 | €229 | -€255 | -52.7% |
| Profit (loss) for the period before taxes | 9903 | €5,953 | €2,961 | -€2,991 | -50.3% |
| Income taxes | 67/77 | €1,226 | €750 | -€476 | -38.8% |
| Profit (loss) for the period | 9904 | €4,727 | €2,211 | -€2,516 | -53.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,727 | €2,211 | -€2,516 | -53.2% |
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.