DIOS - HEVO: 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.
DIOS - HEVO
Largest movements
- Tangible fixed assets -€37,797
down €37,797 (-14.4%), from €262,922 to €225,126
- Cash +€10,861
up €10,861 (+4,087%), from €266 to €11,126
mainly Other debts (+€48,100) and Depreciation (+€37,797)
- Receivables within one year -€5,793
down €5,793 (-12.6%), from €46,051 to €40,257
of which Trade receivables: -€14,094
- Stocks and contracts +€5,700
up €5,700 (+11.2%), from €50,800 to €56,500
of which Contracts in progress: +€9,000
- Deferred charges and accrued income -€4,508
no longer reported in 2025 (was €4,508)
- Other debts +€48,100
up €48,100 (+423%), from €11,384 to €59,483
- Debts after one year -€48,042
down €48,042 (-44.1%), from €108,921 to €60,879
of which Financial debts: -€48,042
- Short-term financial debts -€41,135
no longer reported in 2025 (was €41,135)
- Reserves +€8,885
up €8,885 (+8.9%), from €99,347 to €108,232
- Trade debts -€8,326
down €8,326 (-28.6%), from €29,115 to €20,790
- Gross operating margin -€18,886
down €18,886 (-11.8%), from €160,668 to €141,782
- Staff costs -€18,337
down €18,337 (-20.2%), from €90,697 to €72,360
- Depreciation -€4,914
down €4,914 (-11.5%), from €42,711 to €37,797
- Taxes +€2,581
up €2,581 (+81.8%), from €3,157 to €5,738
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 | €366,346 | €334,809 | -€31,537 | -8.6% |
| Fixed assets | 21/28 | €264,722 | €226,926 | -€37,797 | -14.3% |
| Tangible fixed assets | 22/27 | €262,922 | €225,126 | -€37,797 | -14.4% |
| Land and buildings | 22 | €151,490 | €139,225 | -€12,265 | -8.1% |
| Plant, machinery and equipment | 23 | €1,932 | €950 | -€982 | -50.8% |
| Furniture and vehicles | 24 | €23,806 | €16,114 | -€7,692 | -32.3% |
| Leasing and similar rights | 25 | €85,694 | €68,836 | -€16,858 | -19.7% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €101,624 | €107,884 | +€6,260 | +6.2% |
| Stocks and contracts in progress | 3 | €50,800 | €56,500 | +€5,700 | +11.2% |
| Stocks | 30/36 | €38,300 | €35,000 | -€3,300 | -8.6% |
| Contracts in progress | 37 | €12,500 | €21,500 | +€9,000 | +72.0% |
| Amounts receivable within one year | 40/41 | €46,051 | €40,257 | -€5,793 | -12.6% |
| Trade receivables | 40 | €40,288 | €26,194 | -€14,094 | -35.0% |
| Other amounts receivable | 41 | €5,763 | €14,064 | +€8,301 | +144% |
| Cash at bank and in hand | 54/58 | €266 | €11,126 | +€10,861 | +4,087% |
| Deferred charges and accrued income | 490/1 | €4,508 | - | -€4,508 | |
| Total equity and liabilities | 10/49 | €366,346 | €334,809 | -€31,537 | -8.6% |
| Equity | 10/15 | €117,947 | €126,832 | +€8,885 | +7.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €99,347 | €108,232 | +€8,885 | +8.9% |
| Distributable reserves | 133 | €99,347 | €108,232 | +€8,885 | +8.9% |
| Amounts payable | 17/49 | €248,400 | €207,977 | -€40,422 | -16.3% |
| Amounts payable after more than one year | 17 | €108,921 | €60,879 | -€48,042 | -44.1% |
| Financial debts | 170/4 | €105,701 | €57,659 | -€48,042 | -45.5% |
| Other amounts payable | 178/9 | €3,220 | €3,220 | = | 0.0% |
| Amounts payable within one year | 42/48 | €137,790 | €145,411 | +€7,620 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €43,734 | €47,102 | +€3,368 | +7.7% |
| Financial debts | 43 | €41,135 | - | -€41,135 | |
| Credit institutions | 430/8 | €41,135 | - | -€41,135 | |
| Trade debts | 44 | €29,115 | €20,790 | -€8,326 | -28.6% |
| Suppliers | 440/4 | €29,115 | €20,790 | -€8,326 | -28.6% |
| Taxes, remuneration and social security | 45 | €12,422 | €18,035 | +€5,614 | +45.2% |
| Taxes | 450/3 | €7,238 | €13,722 | +€6,484 | +89.6% |
| Remuneration and social security | 454/9 | €5,184 | €4,313 | -€870 | -16.8% |
| Other amounts payable | 47/48 | €11,384 | €59,483 | +€48,100 | +423% |
| Accrued charges and deferred income | 492/3 | €1,688 | €1,688 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €90,697 | €72,360 | -€18,337 | -20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,711 | €37,797 | -€4,914 | -11.5% |
| Other operating charges | 640/8 | €4,085 | €4,100 | +€15 | +0.4% |
| Gross operating margin | 9900 | €160,668 | €141,782 | -€18,886 | -11.8% |
| Operating profit (loss) | 9901 | €23,175 | €27,525 | +€4,350 | +18.8% |
| Financial charges | 65/66B | €12,630 | €12,901 | +€271 | +2.1% |
| Recurring financial charges | 65 | €12,630 | €12,901 | +€271 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | €10,545 | €14,624 | +€4,078 | +38.7% |
| Income taxes | 67/77 | €3,157 | €5,738 | +€2,581 | +81.8% |
| Profit (loss) for the period | 9904 | €7,388 | €8,885 | +€1,497 | +20.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,388 | €8,885 | +€1,497 | +20.3% |
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 17 October 2026 via checked.be.