HITEA: 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.
HITEA
Largest movements
- Cash +€37,016
up €37,016 (+713.6%), from €5,187 to €42,203
mainly Net result for the year (+€28,489) and Depreciation (+€9,622)
- Tangible fixed assets -€9,622
down €9,622 (-15.2%), from €63,262 to €53,640
of which Other tangible fixed assets: -€8,248
- Receivables within one year +€3,509
up €3,509 (+568.9%), from €617 to €4,126
of which Other amounts receivable: +€2,404
- Reserves +€28,489
up €28,489 (+46.5%), from €61,225 to €89,714
- Tax, wage and social debts +€3,040
up €3,040 (+91.1%), from €3,336 to €6,376
of which Taxes: +€4,700
- Trade debts -€1,849
no longer reported in 2025 (was €1,849)
- Gross operating margin -€23,966
down €23,966 (-34.6%), from €69,207 to €45,241
- Taxes +€4,457
up €4,457 (+7105.7%), from €63 to €4,520
- Staff costs -€4,246
down €4,246 (-85.2%), from €4,984 to €738
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 | €80,410 | €110,090 | +€29,680 | +36.9% |
| Fixed assets | 21/28 | €72,262 | €62,640 | -€9,622 | -13.3% |
| Tangible fixed assets | 22/27 | €63,262 | €53,640 | -€9,622 | -15.2% |
| Plant, machinery and equipment | 23 | €2,132 | €1,235 | -€897 | -42.1% |
| Furniture and vehicles | 24 | €1,272 | €795 | -€477 | -37.5% |
| Other tangible fixed assets | 26 | €59,858 | €51,610 | -€8,248 | -13.8% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €8,148 | €47,450 | +€39,302 | +482.3% |
| Stocks and contracts in progress | 3 | €1,800 | €800 | -€1,000 | -55.6% |
| Stocks | 30/36 | €1,800 | €800 | -€1,000 | -55.6% |
| Amounts receivable within one year | 40/41 | €617 | €4,126 | +€3,509 | +568.9% |
| Trade receivables | 40 | €617 | €1,722 | +€1,106 | +179.2% |
| Other amounts receivable | 41 | - | €2,404 | +€2,404 | |
| Cash at bank and in hand | 54/58 | €5,187 | €42,203 | +€37,016 | +713.6% |
| Deferred charges and accrued income | 490/1 | €545 | €321 | -€223 | -41.0% |
| Total equity and liabilities | 10/49 | €80,410 | €110,090 | +€29,680 | +36.9% |
| Equity | 10/15 | €61,225 | €89,714 | +€28,489 | +46.5% |
| Reserves | 13 | €61,225 | €89,714 | +€28,489 | +46.5% |
| Distributable reserves | 133 | €61,225 | €89,714 | +€28,489 | +46.5% |
| Amounts payable | 17/49 | €19,185 | €20,376 | +€1,191 | +6.2% |
| Amounts payable within one year | 42/48 | €19,185 | €20,376 | +€1,191 | +6.2% |
| Trade debts | 44 | €1,849 | - | -€1,849 | |
| Suppliers | 440/4 | €1,849 | - | -€1,849 | |
| Taxes, remuneration and social security | 45 | €3,336 | €6,376 | +€3,040 | +91.1% |
| Taxes | 450/3 | €1,676 | €6,376 | +€4,700 | +280.4% |
| Remuneration and social security | 454/9 | €1,660 | - | -€1,660 | |
| Other amounts payable | 47/48 | €14,000 | €14,000 | = | 0.0% |
| Non-recurring operating income | 76A | €16,875 | - | -€16,875 | |
| Remuneration, social security and pensions | 62 | €4,984 | €738 | -€4,246 | -85.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,854 | €9,622 | -€233 | -2.4% |
| Other operating charges | 640/8 | €2,489 | €1,941 | -€547 | -22.0% |
| Gross operating margin | 9900 | €69,207 | €45,241 | -€23,966 | -34.6% |
| Operating profit (loss) | 9901 | €51,881 | €32,940 | -€18,940 | -36.5% |
| Financial income | 75/76B | €2 | €110 | +€108 | +7209.3% |
| Recurring financial income | 75 | €2 | €110 | +€108 | +7209.3% |
| Financial charges | 65/66B | €112 | €41 | -€71 | -63.4% |
| Recurring financial charges | 65 | €112 | €41 | -€71 | -63.4% |
| Profit (loss) for the period before taxes | 9903 | €51,770 | €33,009 | -€18,761 | -36.2% |
| Income taxes | 67/77 | €63 | €4,520 | +€4,457 | +7105.7% |
| Profit (loss) for the period | 9904 | €51,707 | €28,489 | -€23,218 | -44.9% |
| Profit (loss) for the period to be appropriated | 9905 | €51,707 | €28,489 | -€23,218 | -44.9% |
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 5 October 2026 via checked.be.