HEDRAS
Annual accounts 2025
abbreviated format, filed on 17-08-2026, 17 days lateTurnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Balance sheet
balance sheet total €187,900 on 31-12-2025in euro
in euro
Position in the sector
20.2%
Higher than 22% of 6,708 companies in 2025.
-2.4%
Higher than 10% of 6,673 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
187,900 | 210,850 | 217,403 | 203,879 | |
21/28 |
176,284 | 176,284 | 176,284 | 179,284 | |
28 |
176,284 | 176,284 | 176,284 | 179,284 | |
29/58 |
11,616 | 34,566 | 41,119 | 24,595 | |
40/41 |
9,680 | 28,145 | 29,040 | 3,630 | |
40 |
9,680 | 27,830 | 29,040 | 3,630 | |
41 |
0 | 315 | - | - | |
54/58 |
1,936 | 6,421 | 12,079 | 20,965 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
187,900 | 210,850 | 217,403 | 203,879 | |
10/15 |
38,025 | 42,558 | 31,652 | 10,311 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | |
13 |
37,558 | 37,558 | 26,652 | 5,311 | |
133 |
37,558 | 37,558 | 26,652 | 5,311 | |
14 |
-4,533 | - | - | - | |
17/49 |
149,875 | 168,292 | 185,751 | 193,568 | |
17 |
112,514 | 130,874 | 150,684 | 170,269 | |
170/4 |
112,514 | 130,874 | 150,684 | 170,269 | |
42/48 |
37,361 | 37,418 | 35,067 | 23,299 | |
42 |
18,360 | 19,810 | 19,585 | 19,362 | |
44 |
169 | 0 | 559 | 662 | |
440/4 |
169 | 0 | 559 | 662 | |
45 |
6,261 | 16,207 | 13,522 | 1,875 | |
450/3 |
6,261 | 16,207 | 13,522 | 1,875 | |
47/48 |
12,570 | 1,401 | 1,401 | 1,401 | |
| Income statement | |||||
9900 |
-2,560 | 18,290 | 33,566 | 9,150 | |
640/8 |
186 | 203 | 194 | 441 | |
9901 |
-2,745 | 18,087 | 33,373 | 8,709 | |
65/66B |
1,787 | 2,092 | 2,073 | 1,628 | |
65 |
1,787 | 2,092 | 2,073 | 1,628 | |
9903 |
-4,533 | 15,996 | 31,300 | 7,081 | |
67/77 |
0 | 5,090 | 9,959 | 1,770 | |
9904 |
-4,533 | 10,906 | 21,341 | 5,311 | |
9905 |
-4,533 | 10,906 | 21,341 | 5,311 | |
| Appropriation of the result | |||||
9906 |
-4,533 | 10,906 | 21,341 | 5,311 | |
691/2 |
0 | 10,906 | 21,341 | 5,311 | |
6921 |
0 | 10,906 | 21,341 | 5,311 | |
| Document | |||||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 17-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 17 days after the deadline. Filed on 17 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00405598.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| - | - | 0 | 179,284 | ||
| -4,485 | -5,658 | -8,886 | - | ||
| 20.2% | 20.2% | 14.6% | 5.1% | ||
| -11.9% | 25.6% | 67.4% | 51.5% | ||
| -2.4% | 5.2% | 9.8% | 2.6% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Financial fixed assets | - | - | €0 | €179,284 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on HEDRAS
The operating result for 2025 is a loss of €2,745, after a profit of €18,087 in 2024. It is the lowest result since 2022.
Debt's share of the balance-sheet total falls from 79.8% to 79.8%. Equity and debt are lower.