HOME INTELLIGENT NETWORKING TECHNOLOGIES: 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.
HOME INTELLIGENT NETWORKING TECHNOLOGIES
Largest movements
- Cash +€104,363
up €104,363 (+615%), from €16,980 to €121,343
mainly Receivables within one year (+€49,314) and Net result for the year (+€47,039)
- Receivables within one year -€49,314
down €49,314 (-76.0%), from €64,920 to €15,606
of which Trade receivables: -€36,255
- Stocks and contracts -€19,046
down €19,046 (-24.9%), from €76,636 to €57,590
of which Stocks: -€14,386
- Deferred charges and accrued income +€5,427
up €5,427 (+112%), from €4,867 to €10,294
- Profit (loss) carried forward -€57,961
down €57,961 (-70.7%), from €81,937 to €23,977
- Reserves +€45,000
up €45,000 (+58.5%), from €76,860 to €121,860
of which Distributable reserves: +€45,000
- Other debts +€39,433
new in 2025: €39,433
- Tax, wage and social debts +€26,332
up €26,332 (+999%), from €2,635 to €28,967
- Debts after one year -€19,619
down €19,619 (-21.4%), from €91,568 to €71,948
- Gross operating margin +€62,538
up €62,538 (+182%), from €34,368 to €96,906
- Taxes +€20,803
up €20,803 (+719%), from €2,893 to €23,696
- Write-downs +€4,479
no longer reported in 2025 (was -€4,479)
- Financial charges -€2,926
down €2,926 (-40.8%), from €7,163 to €4,237
- Depreciation +€2,188
up €2,188 (+12.2%), from €17,959 to €20,147
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 | €308,528 | €346,831 | +€38,303 | +12.4% |
| Fixed assets | 21/28 | €145,125 | €141,998 | -€3,126 | -2.2% |
| Intangible fixed assets | 21 | €4,977 | €3,748 | -€1,229 | -24.7% |
| Tangible fixed assets | 22/27 | €140,148 | €138,251 | -€1,897 | -1.4% |
| Land and buildings | 22 | €118,011 | €107,740 | -€10,271 | -8.7% |
| Plant, machinery and equipment | 23 | €2,263 | €683 | -€1,580 | -69.8% |
| Furniture and vehicles | 24 | €12,339 | €23,191 | +€10,853 | +88.0% |
| Other tangible fixed assets | 26 | €7,535 | €6,636 | -€899 | -11.9% |
| Current assets | 29/58 | €163,403 | €204,833 | +€41,430 | +25.4% |
| Stocks and contracts in progress | 3 | €76,636 | €57,590 | -€19,046 | -24.9% |
| Stocks | 30/36 | €55,386 | €41,000 | -€14,386 | -26.0% |
| Contracts in progress | 37 | €21,250 | €16,590 | -€4,660 | -21.9% |
| Amounts receivable within one year | 40/41 | €64,920 | €15,606 | -€49,314 | -76.0% |
| Trade receivables | 40 | €46,223 | €9,968 | -€36,255 | -78.4% |
| Other amounts receivable | 41 | €18,697 | €5,637 | -€13,059 | -69.8% |
| Cash at bank and in hand | 54/58 | €16,980 | €121,343 | +€104,363 | +615% |
| Deferred charges and accrued income | 490/1 | €4,867 | €10,294 | +€5,427 | +112% |
| Total equity and liabilities | 10/49 | €308,528 | €346,831 | +€38,303 | +12.4% |
| Equity | 10/15 | €164,997 | €152,037 | -€12,961 | -7.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €76,860 | €121,860 | +€45,000 | +58.5% |
| 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 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €67,500 | €112,500 | +€45,000 | +66.7% |
| Profit (loss) carried forward | 14 | €81,937 | €23,977 | -€57,961 | -70.7% |
| Amounts payable | 17/49 | €143,530 | €194,794 | +€51,264 | +35.7% |
| Amounts payable after more than one year | 17 | €91,568 | €71,948 | -€19,619 | -21.4% |
| Financial debts | 170/4 | €91,568 | €71,948 | -€19,619 | -21.4% |
| Amounts payable within one year | 42/48 | €51,963 | €122,846 | +€70,883 | +136% |
| Current portion of amounts payable after more than one year | 42 | €21,538 | €22,119 | +€581 | +2.7% |
| Trade debts | 44 | €27,790 | €32,327 | +€4,537 | +16.3% |
| Suppliers | 440/4 | €27,790 | €32,327 | +€4,537 | +16.3% |
| Taxes, remuneration and social security | 45 | €2,635 | €28,967 | +€26,332 | +999% |
| Taxes | 450/3 | €2,635 | €28,967 | +€26,332 | +999% |
| Other amounts payable | 47/48 | - | €39,433 | +€39,433 | |
| Non-recurring operating income | 76A | - | €23,867 | +€23,867 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,959 | €20,147 | +€2,188 | +12.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,479 | - | +€4,479 | |
| Other operating charges | 640/8 | €1,979 | €1,786 | -€193 | -9.7% |
| Gross operating margin | 9900 | €34,368 | €96,906 | +€62,538 | +182% |
| Operating profit (loss) | 9901 | €18,909 | €74,973 | +€56,064 | +297% |
| Financial income | 75/76B | €350 | - | -€350 | |
| Recurring financial income | 75 | €350 | - | -€350 | |
| Financial charges | 65/66B | €7,163 | €4,237 | -€2,926 | -40.8% |
| Recurring financial charges | 65 | €7,163 | €4,237 | -€2,926 | -40.8% |
| Profit (loss) for the period before taxes | 9903 | €12,095 | €70,735 | +€58,640 | +485% |
| Income taxes | 67/77 | €2,893 | €23,696 | +€20,803 | +719% |
| Profit (loss) for the period | 9904 | €9,202 | €47,039 | +€37,837 | +411% |
| Profit (loss) for the period to be appropriated | 9905 | €9,202 | €47,039 | +€37,837 | +411% |
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 31 October 2026 via checked.be.