H&E AUTOMOBILE: 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.
H&E AUTOMOBILE
Largest movements
- Tangible fixed assets -€3,838
down €3,838 (-100%), from €3,838 to €0
- Receivables after one year -€3,612
down €3,612 (-100%), from €3,612 to €0
- Deferred charges and accrued income +€1,687
new in 2025: €1,687
- Cash -€932
down €932 (-97.6%), from €954 to €23
mainly Net result for the year (-€31,078) and Deferred charges and accrued income (-€1,687)
- Profit (loss) carried forward -€31,078
down €31,078, from €10,015 to -€21,063
- Trade debts +€14,965
up €14,965 (+460%), from €3,254 to €18,219
- Other debts +€3,833
up €3,833, from €0 to €3,833
- Accrued charges and deferred income +€3,207
new in 2025: €3,207
- Contributions +€1,500
new in 2025: €1,500
- Gross operating margin -€38,585
down €38,585, from €13,422 to -€25,163
- Purchases and services +€31,232
up €31,232 (+238%), from €13,113 to €44,345
- Turnover -€7,353
down €7,353 (-27.7%), from €26,535 to €19,182
- Other operating charges +€3,519
up €3,519 (+2,223%), from €158 to €3,677
- Taxes -€2,825
no longer reported in 2025 (was €2,825)
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 | €16,093 | €9,433 | -€6,660 | -41.4% |
| Fixed assets | 21/28 | €3,838 | €0 | -€3,838 | -100% |
| Tangible fixed assets | 22/27 | €3,838 | €0 | -€3,838 | -100% |
| Furniture and vehicles | 24 | €3,838 | €0 | -€3,838 | -100% |
| Current assets | 29/58 | €12,255 | €9,433 | -€2,822 | -23.0% |
| Amounts receivable after more than one year | 29 | €3,612 | €0 | -€3,612 | -100% |
| Trade receivables | 290 | €3,612 | €0 | -€3,612 | -100% |
| Amounts receivable within one year | 40/41 | €7,689 | €7,724 | +€35 | +0.5% |
| Trade receivables | 40 | €5,309 | €1,319 | -€3,990 | -75.2% |
| Other amounts receivable | 41 | €2,380 | €6,405 | +€4,025 | +169% |
| Cash at bank and in hand | 54/58 | €954 | €23 | -€932 | -97.6% |
| Deferred charges and accrued income | 490/1 | - | €1,687 | +€1,687 | |
| Total equity and liabilities | 10/49 | €16,093 | €9,433 | -€6,660 | -41.4% |
| Equity | 10/15 | €10,015 | -€19,563 | -€29,578 | |
| Contributions | 10/11 | - | €1,500 | +€1,500 | |
| Profit (loss) carried forward | 14 | €10,015 | -€21,063 | -€31,078 | |
| Amounts payable | 17/49 | €6,078 | €28,997 | +€22,918 | +377% |
| Amounts payable within one year | 42/48 | €6,078 | €25,789 | +€19,711 | +324% |
| Trade debts | 44 | €3,254 | €18,219 | +€14,965 | +460% |
| Suppliers | 440/4 | €3,254 | €18,219 | +€14,965 | +460% |
| Taxes, remuneration and social security | 45 | €2,825 | €3,738 | +€914 | +32.4% |
| Taxes | 450/3 | €2,825 | €2,825 | = | 0.0% |
| Remuneration and social security | 454/9 | €0 | €914 | +€914 | |
| Other amounts payable | 47/48 | €0 | €3,833 | +€3,833 | |
| Accrued charges and deferred income | 492/3 | - | €3,207 | +€3,207 | |
| Turnover | 70 | €26,535 | €19,182 | -€7,353 | -27.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €13,113 | €44,345 | +€31,232 | +238% |
| Remuneration, social security and pensions | 62 | €366 | €2,076 | +€1,710 | +468% |
| Other operating charges | 640/8 | €158 | €3,677 | +€3,519 | +2,223% |
| Gross operating margin | 9900 | €13,422 | -€25,163 | -€38,585 | |
| Operating profit (loss) | 9901 | €12,898 | -€30,916 | -€43,814 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €58 | €163 | +€104 | +178% |
| Recurring financial charges | 65 | €58 | €163 | +€104 | +178% |
| Profit (loss) for the period before taxes | 9903 | €12,840 | -€31,078 | -€43,918 | |
| Income taxes | 67/77 | €2,825 | - | -€2,825 | |
| Profit (loss) for the period | 9904 | €10,015 | -€31,078 | -€41,093 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,015 | -€31,078 | -€41,093 |
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 18 October 2026 via checked.be.