HITOBOTILES: 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.
HITOBOTILES
Largest movements
- Receivables within one year +€461,537
up €461,537 (+119%), from €388,248 to €849,785
of which Trade receivables: +€454,937
- Stocks and contracts +€235,000
up €235,000 (+35.5%), from €662,500 to €897,500
- Cash +€169,299
up €169,299 (+164%), from €103,153 to €272,452
mainly Trade debts (+€830,704) and Other debts (+€128,152)
- Trade debts +€830,704
up €830,704 (+2,442%), from €34,011 to €864,715
- Advances received -€142,598
no longer reported in 2025 (was €142,598)
- Other debts +€128,152
up €128,152 (+28.3%), from €453,554 to €581,706
- Tax, wage and social debts +€24,039
up €24,039 (+59.8%), from €40,166 to €64,205
of which Taxes: +€33,029
- Gross operating margin -€11,679
down €11,679 (-7.9%), from €147,654 to €135,975
- Staff costs -€10,692
down €10,692 (-9.5%), from €112,454 to €101,762
- Other operating charges -€2,672
down €2,672 (-33.4%), from €8,008 to €5,336
- Depreciation +€1,690
up €1,690 (+17.6%), from €9,604 to €11,293
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 | €1,182,970 | €2,037,512 | +€854,542 | +72.2% |
| Fixed assets | 21/28 | €29,069 | €17,776 | -€11,293 | -38.8% |
| Tangible fixed assets | 22/27 | €29,069 | €17,776 | -€11,293 | -38.8% |
| Plant, machinery and equipment | 23 | €4,390 | €3,041 | -€1,350 | -30.7% |
| Furniture and vehicles | 24 | €828 | €461 | -€367 | -44.3% |
| Other tangible fixed assets | 26 | €23,851 | €14,274 | -€9,577 | -40.2% |
| Current assets | 29/58 | €1,153,901 | €2,019,736 | +€865,835 | +75.0% |
| Stocks and contracts in progress | 3 | €662,500 | €897,500 | +€235,000 | +35.5% |
| Stocks | 30/36 | €662,500 | €897,500 | +€235,000 | +35.5% |
| Amounts receivable within one year | 40/41 | €388,248 | €849,785 | +€461,537 | +119% |
| Trade receivables | 40 | €380,398 | €835,335 | +€454,937 | +120% |
| Other amounts receivable | 41 | €7,850 | €14,450 | +€6,600 | +84.1% |
| Cash at bank and in hand | 54/58 | €103,153 | €272,452 | +€169,299 | +164% |
| Total equity and liabilities | 10/49 | €1,182,970 | €2,037,512 | +€854,542 | +72.2% |
| Equity | 10/15 | -€146,435 | -€132,189 | +€14,246 | +9.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €169,275 | €169,275 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,742 | €1,742 | = | 0.0% |
| Distributable reserves | 133 | €165,673 | €165,673 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€334,310 | -€320,064 | +€14,246 | +4.3% |
| Amounts payable | 17/49 | €1,329,405 | €2,169,702 | +€840,296 | +63.2% |
| Amounts payable within one year | 42/48 | €1,329,405 | €2,169,702 | +€840,296 | +63.2% |
| Financial debts | 43 | €659,076 | €659,076 | = | 0.0% |
| Other loans | 439 | €659,076 | €659,076 | = | 0.0% |
| Trade debts | 44 | €34,011 | €864,715 | +€830,704 | +2,442% |
| Suppliers | 440/4 | €34,011 | €864,715 | +€830,704 | +2,442% |
| Advances received on contracts in progress | 46 | €142,598 | - | -€142,598 | |
| Taxes, remuneration and social security | 45 | €40,166 | €64,205 | +€24,039 | +59.8% |
| Taxes | 450/3 | €22,967 | €55,996 | +€33,029 | +144% |
| Remuneration and social security | 454/9 | €17,199 | €8,209 | -€8,990 | -52.3% |
| Other amounts payable | 47/48 | €453,554 | €581,706 | +€128,152 | +28.3% |
| Remuneration, social security and pensions | 62 | €112,454 | €101,762 | -€10,692 | -9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,604 | €11,293 | +€1,690 | +17.6% |
| Other operating charges | 640/8 | €8,008 | €5,336 | -€2,672 | -33.4% |
| Gross operating margin | 9900 | €147,654 | €135,975 | -€11,679 | -7.9% |
| Operating profit (loss) | 9901 | €17,588 | €17,583 | -€5 | 0.0% |
| Financial income | 75/76B | €666 | €0 | -€666 | -100.0% |
| Recurring financial income | 75 | €666 | €0 | -€666 | -100.0% |
| Financial charges | 65/66B | €3,234 | €3,338 | +€104 | +3.2% |
| Recurring financial charges | 65 | €3,234 | €3,338 | +€104 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €15,020 | €14,246 | -€775 | -5.2% |
| Profit (loss) for the period | 9904 | €15,020 | €14,246 | -€775 | -5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,020 | €14,246 | -€775 | -5.2% |
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 14 October 2026 via checked.be.