HITCH-FEYN: 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.
HITCH-FEYN
Largest movements
- Tangible fixed assets -€15,785
down €15,785 (-7.2%), from €219,021 to €203,236
- Cash +€9,753
up €9,753 (+30064.5%), from €32 to €9,785
mainly Depreciation (+€15,785) and Net result for the year (+€15,351)
- Current portion of long-term debt -€20,597
no longer reported in 2025 (was €20,597)
- Profit (loss) carried forward +€15,351
up €15,351 (+34.0%), from -€45,163 to -€29,812
- Gross operating margin +€3,400
up €3,400 (+10.9%), from €31,250 to €34,650
- Financial charges -€509
down €509 (-12.7%), from €4,022 to €3,513
- Other operating charges -€505
no longer reported in 2025 (was €505)
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 | €233,333 | €227,300 | -€6,032 | -2.6% |
| Fixed assets | 21/28 | €219,021 | €203,236 | -€15,785 | -7.2% |
| Tangible fixed assets | 22/27 | €219,021 | €203,236 | -€15,785 | -7.2% |
| Land and buildings | 22 | €219,021 | €203,236 | -€15,785 | -7.2% |
| Current assets | 29/58 | €14,311 | €24,064 | +€9,753 | +68.1% |
| Amounts receivable within one year | 40/41 | €13,433 | €13,433 | = | 0.0% |
| Other amounts receivable | 41 | €13,433 | €13,433 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €32 | €9,785 | +€9,753 | +30064.5% |
| Deferred charges and accrued income | 490/1 | €846 | €846 | = | 0.0% |
| Total equity and liabilities | 10/49 | €233,333 | €227,300 | -€6,032 | -2.6% |
| Equity | 10/15 | -€32,763 | -€17,412 | +€15,351 | +46.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,163 | -€29,812 | +€15,351 | +34.0% |
| Amounts payable | 17/49 | €266,096 | €244,712 | -€21,384 | -8.0% |
| Amounts payable after more than one year | 17 | €176,740 | €176,740 | = | 0.0% |
| Financial debts | 170/4 | €176,740 | €176,740 | = | 0.0% |
| Amounts payable within one year | 42/48 | €87,349 | €65,966 | -€21,383 | -24.5% |
| Current portion of amounts payable after more than one year | 42 | €20,597 | - | -€20,597 | |
| Financial debts | 43 | €36 | - | -€36 | |
| Credit institutions | 430/8 | €36 | - | -€36 | |
| Other amounts payable | 47/48 | €66,716 | €65,966 | -€750 | -1.1% |
| Accrued charges and deferred income | 492/3 | €2,007 | €2,006 | -€1 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,785 | €15,785 | = | 0.0% |
| Other operating charges | 640/8 | €505 | - | -€505 | |
| Gross operating margin | 9900 | €31,250 | €34,650 | +€3,400 | +10.9% |
| Operating profit (loss) | 9901 | €14,959 | €18,865 | +€3,905 | +26.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -92.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -92.3% |
| Financial charges | 65/66B | €4,022 | €3,513 | -€509 | -12.7% |
| Recurring financial charges | 65 | €4,022 | €3,513 | -€509 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €10,937 | €15,351 | +€4,414 | +40.4% |
| Income taxes | 67/77 | €0 | €0 | -€0 | -91.7% |
| Profit (loss) for the period | 9904 | €10,937 | €15,351 | +€4,414 | +40.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,937 | €15,351 | +€4,414 | +40.4% |
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.