HITT: 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.
HITT
Largest movements
- Receivables within one year -€47,789
down €47,789 (-56.0%), from €85,359 to €37,571
of which Trade receivables: -€51,593
- Tangible fixed assets +€39,489
up €39,489 (+817.3%), from €4,832 to €44,321
of which Other tangible fixed assets: +€35,804
- Cash +€34,712
up €34,712 (+14.4%), from €240,954 to €275,666
mainly Receivables within one year (+€47,789) and Net result for the year (+€35,391)
- Reserves +€14,916
up €14,916 (+5.1%), from €293,058 to €307,974
- Other debts +€6,049
up €6,049 (+38.9%), from €15,548 to €21,597
- Write-downs +€7,572
new in 2025: €7,572
- Taxes -€4,759
down €4,759 (-22.3%), from €21,326 to €16,567
- Gross operating margin -€4,258
down €4,258 (-6.0%), from €71,139 to €66,881
- Depreciation +€3,236
up €3,236 (+115.5%), from €2,802 to €6,038
- Other operating charges -€2,159
down €2,159 (-68.7%), from €3,142 to €984
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 | €333,138 | €358,917 | +€25,779 | +7.7% |
| Fixed assets | 21/28 | €4,832 | €44,321 | +€39,489 | +817.3% |
| Tangible fixed assets | 22/27 | €4,832 | €44,321 | +€39,489 | +817.3% |
| Plant, machinery and equipment | 23 | €106 | €2,614 | +€2,508 | +2359.3% |
| Furniture and vehicles | 24 | €4,726 | €5,903 | +€1,177 | +24.9% |
| Other tangible fixed assets | 26 | - | €35,804 | +€35,804 | |
| Current assets | 29/58 | €328,306 | €314,596 | -€13,710 | -4.2% |
| Amounts receivable within one year | 40/41 | €85,359 | €37,571 | -€47,789 | -56.0% |
| Trade receivables | 40 | €54,989 | €3,397 | -€51,593 | -93.8% |
| Other amounts receivable | 41 | €30,370 | €34,174 | +€3,804 | +12.5% |
| Cash at bank and in hand | 54/58 | €240,954 | €275,666 | +€34,712 | +14.4% |
| Deferred charges and accrued income | 490/1 | €1,993 | €1,360 | -€633 | -31.8% |
| Total equity and liabilities | 10/49 | €333,138 | €358,917 | +€25,779 | +7.7% |
| Equity | 10/15 | €311,808 | €326,724 | +€14,916 | +4.8% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €293,058 | €307,974 | +€14,916 | +5.1% |
| Distributable reserves | 133 | €293,058 | €307,974 | +€14,916 | +5.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €21,330 | €32,193 | +€10,863 | +50.9% |
| Amounts payable within one year | 42/48 | €21,330 | €32,193 | +€10,863 | +50.9% |
| Financial debts | 43 | - | €1,761 | +€1,761 | |
| Credit institutions | 430/8 | - | €1,761 | +€1,761 | |
| Trade debts | 44 | €1,360 | €2,494 | +€1,135 | +83.5% |
| Suppliers | 440/4 | €1,360 | €2,494 | +€1,135 | +83.5% |
| Advances received on contracts in progress | 46 | €4,087 | €4,087 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €335 | €2,253 | +€1,918 | +572.0% |
| Taxes | 450/3 | €335 | €2,253 | +€1,918 | +572.0% |
| Other amounts payable | 47/48 | €15,548 | €21,597 | +€6,049 | +38.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,802 | €6,038 | +€3,236 | +115.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €7,572 | +€7,572 | |
| Other operating charges | 640/8 | €3,142 | €984 | -€2,159 | -68.7% |
| Gross operating margin | 9900 | €71,139 | €66,881 | -€4,258 | -6.0% |
| Operating profit (loss) | 9901 | €65,195 | €52,288 | -€12,908 | -19.8% |
| Financial income | 75/76B | €0 | €1 | +€1 | +4566.7% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +4566.7% |
| Financial charges | 65/66B | €507 | €331 | -€175 | -34.6% |
| Recurring financial charges | 65 | €507 | €331 | -€175 | -34.6% |
| Profit (loss) for the period before taxes | 9903 | €64,689 | €51,958 | -€12,731 | -19.7% |
| Income taxes | 67/77 | €21,326 | €16,567 | -€4,759 | -22.3% |
| Profit (loss) for the period | 9904 | €43,363 | €35,391 | -€7,972 | -18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €43,363 | €35,391 | -€7,972 | -18.4% |
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 7 October 2026 via checked.be.