HITCH UP: 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.
HITCH UP
Largest movements
- Cash +€75,486
up €75,486 (+190%), from €39,629 to €115,115
mainly Receivables within one year (+€61,960) and Net result for the year (+€21,101)
- Receivables within one year -€61,960
down €61,960 (-88.4%), from €70,052 to €8,092
of which Trade receivables: -€39,288
- Tangible fixed assets +€2,202
up €2,202 (+49.3%), from €4,470 to €6,672
- Profit (loss) carried forward +€21,101
up €21,101 (+23.7%), from €89,088 to €110,190
- Tax, wage and social debts -€10,085
down €10,085 (-48.8%), from €20,674 to €10,589
- Other debts +€6,000
up €6,000 (+1,534%), from €391 to €6,391
- Financial income -€18,973
down €18,973 (-99.9%), from €19,000 to €27
of which Non-recurring financial income: -€19,000
- Taxes -€746
down €746 (-11.6%), from €6,408 to €5,662
- Depreciation +€721
up €721 (+36.9%), from €1,953 to €2,673
- Other operating charges +€400
new in 2025: €400
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 | €114,151 | €130,343 | +€16,192 | +14.2% |
| Fixed assets | 21/28 | €4,470 | €6,672 | +€2,202 | +49.3% |
| Tangible fixed assets | 22/27 | €4,470 | €6,672 | +€2,202 | +49.3% |
| Furniture and vehicles | 24 | €4,470 | €6,672 | +€2,202 | +49.3% |
| Current assets | 29/58 | €109,681 | €123,671 | +€13,990 | +12.8% |
| Amounts receivable within one year | 40/41 | €70,052 | €8,092 | -€61,960 | -88.4% |
| Trade receivables | 40 | €47,042 | €7,754 | -€39,288 | -83.5% |
| Other amounts receivable | 41 | €23,010 | €338 | -€22,672 | -98.5% |
| Cash at bank and in hand | 54/58 | €39,629 | €115,115 | +€75,486 | +190% |
| Deferred charges and accrued income | 490/1 | - | €464 | +€464 | |
| Total equity and liabilities | 10/49 | €114,151 | €130,343 | +€16,192 | +14.2% |
| Equity | 10/15 | €92,088 | €113,190 | +€21,101 | +22.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,088 | €110,190 | +€21,101 | +23.7% |
| Amounts payable | 17/49 | €22,063 | €17,153 | -€4,910 | -22.3% |
| Amounts payable within one year | 42/48 | €22,063 | €17,153 | -€4,910 | -22.3% |
| Trade debts | 44 | €998 | €173 | -€825 | -82.7% |
| Suppliers | 440/4 | €998 | €173 | -€825 | -82.7% |
| Taxes, remuneration and social security | 45 | €20,674 | €10,589 | -€10,085 | -48.8% |
| Taxes | 450/3 | €20,674 | €10,589 | -€10,085 | -48.8% |
| Other amounts payable | 47/48 | €391 | €6,391 | +€6,000 | +1,534% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,953 | €2,673 | +€721 | +36.9% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €29,792 | €30,015 | +€222 | +0.7% |
| Operating profit (loss) | 9901 | €27,840 | €26,942 | -€898 | -3.2% |
| Financial income | 75/76B | €19,000 | €27 | -€18,973 | -99.9% |
| Recurring financial income | 75 | €19,000 | €27 | -€18,973 | -99.9% |
| Non-recurring financial income | 76B | €19,000 | - | -€19,000 | |
| Financial charges | 65/66B | €124 | €205 | +€81 | +65.4% |
| Recurring financial charges | 65 | €124 | €205 | +€81 | +65.4% |
| Profit (loss) for the period before taxes | 9903 | €46,716 | €26,763 | -€19,952 | -42.7% |
| Income taxes | 67/77 | €6,408 | €5,662 | -€746 | -11.6% |
| Profit (loss) for the period | 9904 | €40,307 | €21,101 | -€19,206 | -47.6% |
| Profit (loss) for the period to be appropriated | 9905 | €40,307 | €21,101 | -€19,206 | -47.6% |
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 15 October 2026 via checked.be.