HIDE: 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.
What changed
HIDE
NACE 64.910, Financial service activities, except insurance and pension funding
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.0m
2024 · -€245,192+€1.3m
Equity
€9.3m
2024 · €8.3m+€1.0m
Cash
€115,294
2024 · €77+€115,217
Balance sheet total
€17.9m
2024 · €15.5m+€2.3m
Largest movements
Assets
- Financial fixed assets +€2.1m
up €2.1m (+13.4%), from €15.5m to €17.6m
Equity and liabilities
- Profit (loss) carried forward +€957,806
up €957,806 (+26.6%), from €3.6m to €4.6m
- Debts after one year +€717,121
up €717,121 (+10.4%), from €6.9m to €7.6m
- Accrued charges and deferred income +€692,930
up €692,930 (+340%), from €203,908 to €896,837
Income statement
- Financial income +€2.1m
new in 2025: €2.1m
of which Non-recurring financial income: +€2.1m
- Services and other goods +€46,753
new in 2025: €46,753
- Gross operating margin +€35,138
no longer reported in 2025 (was -€35,138)
- Other operating charges -€3,229
down €3,229 (-69.9%), from €4,619 to €1,390
- Financial charges -€2,285
down €2,285 (-1.1%), from €205,435 to €203,150
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.
Result 2024
-€245,192
Other operating charges
+€3,229
Other operating items
-€831,736
Financial income
+€2.1m
Financial charges
+€2,285
Result 2025
€1.0m
raises the resultnot broken down further in the accounts
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.
From operations
+€1.5m
Investment
-€2.1m
Financing
+€717,121
Cash 2024
€77
From operations (derived)
+€1.5m
Net result for the year
+€1.0m
Receivables within one year
-€119,767
Trade debts
-€27,937
Tax, wage and social debts
-€78,325
Other debts
+€2,397
Accrued charges and deferred income
+€692,930
Investment (derived)
-€2.1m
Investment in fixed assets (net)
-€2.1m
Financing
+€717,121
Debts after one year
+€717,121
Cash 2025
€115,294
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,545,408 | €17,859,811 | +€2.3m | +14.9% |
| Fixed assets | 21/28 | €15,537,427 | €17,616,846 | +€2.1m | +13.4% |
| Financial fixed assets | 28 | €15,537,427 | €17,616,846 | +€2.1m | +13.4% |
| Affiliated companies | 280/1 | - | €17,616,846 | +€17.6m | |
| Participating interests | 280 | - | €17,616,846 | +€17.6m | |
| Current assets | 29/58 | €7,981 | €242,964 | +€234,983 | +2,944% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €7,903 | €127,670 | +€119,767 | +1,515% |
| Trade receivables | 40 | €2,562 | €0 | -€2,562 | -100% |
| Other amounts receivable | 41 | €5,342 | €127,670 | +€122,329 | +2,290% |
| Cash at bank and in hand | 54/58 | €77 | €115,294 | +€115,217 | +148,936% |
| Total equity and liabilities | 10/49 | €15,545,408 | €17,859,811 | +€2.3m | +14.9% |
| Equity | 10/15 | €8,322,094 | €9,330,311 | +€1.0m | +12.1% |
| Contributions | 10/11 | €4,405,500 | €4,405,500 | = | 0.0% |
| Capital | 10 | €4,405,500 | €4,405,500 | = | 0.0% |
| Issued capital | 100 | €4,405,500 | €4,405,500 | = | 0.0% |
| Reserves | 13 | €310,868 | €361,279 | +€50,411 | +16.2% |
| Non-distributable reserves | 130/1 | €310,868 | €361,279 | +€50,411 | +16.2% |
| Legal reserve | 130 | €310,868 | €361,279 | +€50,411 | +16.2% |
| Profit (loss) carried forward | 14 | €3,605,726 | €4,563,532 | +€957,806 | +26.6% |
| Amounts payable | 17/49 | €7,223,314 | €8,529,500 | +€1.3m | +18.1% |
| Amounts payable after more than one year | 17 | €6,907,195 | €7,624,315 | +€717,121 | +10.4% |
| Financial debts | 170/4 | €6,907,195 | €7,624,315 | +€717,121 | +10.4% |
| Other loans | 174 | - | €7,624,315 | +€7.6m | |
| Amounts payable within one year | 42/48 | €112,212 | €8,347 | -€103,865 | -92.6% |
| Trade debts | 44 | €32,031 | €4,094 | -€27,937 | -87.2% |
| Suppliers | 440/4 | €32,031 | €4,094 | -€27,937 | -87.2% |
| Taxes, remuneration and social security | 45 | €78,325 | €0 | -€78,325 | -100% |
| Taxes | 450/3 | €78,325 | €0 | -€78,325 | -100% |
| Other amounts payable | 47/48 | €1,857 | €4,254 | +€2,397 | +129% |
| Accrued charges and deferred income | 492/3 | €203,908 | €896,837 | +€692,930 | +340% |
| Operating charges | 60/66A | - | €868,263 | +€868,263 | |
| Services and other goods | 61 | - | €46,753 | +€46,753 | |
| Other operating charges | 640/8 | €4,619 | €1,390 | -€3,229 | -69.9% |
| Non-recurring operating charges | 66A | - | €820,120 | +€820,120 | |
| Gross operating margin | 9900 | -€35,138 | - | +€35,138 | |
| Operating profit (loss) | 9901 | -€39,757 | -€868,263 | -€828,507 | -2,084% |
| Financial income | 75/76B | - | €2,079,630 | +€2.1m | |
| Recurring financial income | 75 | - | €211 | +€211 | |
| Other financial income | 752/9 | - | €211 | +€211 | |
| Non-recurring financial income | 76B | - | €2,079,419 | +€2.1m | |
| Financial charges | 65/66B | €205,435 | €203,150 | -€2,285 | -1.1% |
| Recurring financial charges | 65 | €205,435 | €203,150 | -€2,285 | -1.1% |
| Debt charges | 650 | - | €202,740 | +€202,740 | |
| Other financial charges | 652/9 | - | €409 | +€409 | |
| Profit (loss) for the period before taxes | 9903 | -€245,192 | €1,008,217 | +€1.3m | |
| Profit (loss) for the period | 9904 | -€245,192 | €1,008,217 | +€1.3m | |
| Profit (loss) for the period to be appropriated | 9905 | -€245,192 | €1,008,217 | +€1.3m |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.