HIT & RUN: 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.
HIT & RUN
Largest movements
- Cash +€110,569
up €110,569 (+73.4%), from €150,670 to €261,239
mainly Net result for the year (+€168,587) and Depreciation (+€39,837)
- Receivables within one year +€28,559
up €28,559 (+29.9%), from €95,366 to €123,924
- Tangible fixed assets -€25,259
down €25,259 (-22.0%), from €114,800 to €89,541
of which Furniture and vehicles: -€24,133
- Reserves +€168,587
up €168,587 (+66.5%), from €253,520 to €422,107
of which Distributable reserves: +€105,437
- Trade debts -€48,179
down €48,179 (-58.5%), from €82,348 to €34,170
- Debts after one year -€13,114
down €13,114 (-79.6%), from €16,473 to €3,359
- Tax, wage and social debts +€7,840
up €7,840 (+26.6%), from €29,460 to €37,300
- Gross operating margin +€64,619
up €64,619 (+31.9%), from €202,415 to €267,034
- Write-downs -€46,882
no longer reported in 2025 (was €46,882)
- Taxes +€26,568
up €26,568 (+90.7%), from €29,307 to €55,875
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 | €416,866 | €533,325 | +€116,459 | +27.9% |
| Fixed assets | 21/28 | €115,060 | €92,186 | -€22,874 | -19.9% |
| Tangible fixed assets | 22/27 | €114,800 | €89,541 | -€25,259 | -22.0% |
| Plant, machinery and equipment | 23 | €36,792 | €36,746 | -€46 | -0.1% |
| Furniture and vehicles | 24 | €72,595 | €48,463 | -€24,133 | -33.2% |
| Other tangible fixed assets | 26 | €5,413 | €4,333 | -€1,080 | -20.0% |
| Financial fixed assets | 28 | €260 | €2,645 | +€2,385 | +918.8% |
| Current assets | 29/58 | €301,806 | €441,140 | +€139,333 | +46.2% |
| Amounts receivable within one year | 40/41 | €95,366 | €123,924 | +€28,559 | +29.9% |
| Trade receivables | 40 | €95,366 | €123,924 | +€28,559 | +29.9% |
| Current investments | 50/53 | €52,287 | €52,287 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €150,670 | €261,239 | +€110,569 | +73.4% |
| Deferred charges and accrued income | 490/1 | €3,484 | €3,689 | +€205 | +5.9% |
| Total equity and liabilities | 10/49 | €416,866 | €533,325 | +€116,459 | +27.9% |
| Equity | 10/15 | €265,920 | €434,507 | +€168,587 | +63.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €253,520 | €422,107 | +€168,587 | +66.5% |
| Tax-exempt reserves | 132 | €50,526 | €113,676 | +€63,150 | +125.0% |
| Distributable reserves | 133 | €202,994 | €308,431 | +€105,437 | +51.9% |
| Amounts payable | 17/49 | €150,946 | €98,819 | -€52,128 | -34.5% |
| Amounts payable after more than one year | 17 | €16,473 | €3,359 | -€13,114 | -79.6% |
| Financial debts | 170/4 | €16,473 | €3,359 | -€13,114 | -79.6% |
| Amounts payable within one year | 42/48 | €134,473 | €95,459 | -€39,014 | -29.0% |
| Current portion of amounts payable after more than one year | 42 | €12,611 | €13,114 | +€503 | +4.0% |
| Trade debts | 44 | €82,348 | €34,170 | -€48,179 | -58.5% |
| Suppliers | 440/4 | €82,348 | €34,170 | -€48,179 | -58.5% |
| Taxes, remuneration and social security | 45 | €29,460 | €37,300 | +€7,840 | +26.6% |
| Taxes | 450/3 | €29,460 | €37,300 | +€7,840 | +26.6% |
| Other amounts payable | 47/48 | €10,054 | €10,876 | +€822 | +8.2% |
| Non-recurring operating income | 76A | €3,334 | - | -€3,334 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,445 | €39,837 | +€392 | +1.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €46,882 | - | -€46,882 | |
| Other operating charges | 640/8 | €1,008 | €1,626 | +€618 | +61.3% |
| Non-recurring operating charges | 66A | - | €718 | +€718 | |
| Gross operating margin | 9900 | €202,415 | €267,034 | +€64,619 | +31.9% |
| Operating profit (loss) | 9901 | €115,080 | €224,853 | +€109,773 | +95.4% |
| Financial income | 75/76B | €805 | €1,066 | +€261 | +32.4% |
| Recurring financial income | 75 | €805 | €1,066 | +€261 | +32.4% |
| Financial charges | 65/66B | €2,310 | €1,457 | -€853 | -36.9% |
| Recurring financial charges | 65 | €2,310 | €1,457 | -€853 | -36.9% |
| Profit (loss) for the period before taxes | 9903 | €113,574 | €224,462 | +€110,887 | +97.6% |
| Income taxes | 67/77 | €29,307 | €55,875 | +€26,568 | +90.7% |
| Profit (loss) for the period | 9904 | €84,267 | €168,587 | +€84,319 | +100.1% |
| Transfer to tax-exempt reserves | 689 | €42,100 | €63,150 | +€21,050 | +50.0% |
| Profit (loss) for the period to be appropriated | 9905 | €42,167 | €105,437 | +€63,269 | +150.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.