HEB: 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
HEB
NACE 56.111, Full-service restaurants
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€111,093
2024 · €439,862-€550,955
Equity
€1.7m
2024 · €1.8m-€123,269
Cash
€712,259
2024 · €766,456-€54,198
Balance sheet total
€6.4m
2024 · €7.4m-€991,603
Largest movements
Assets
- Tangible fixed assets -€489,884
down €489,884 (-11.3%), from €4.3m to €3.8m
of which Other tangible fixed assets: -€406,492
- Receivables within one year -€302,054
down €302,054 (-41.3%), from €731,355 to €429,301
of which Other amounts receivable: -€524,184
- Intangible fixed assets -€128,528
down €128,528 (-40.1%), from €320,716 to €192,188
Equity and liabilities
- Current portion of long-term debt -€956,703
down €956,703 (-53.8%), from €1.8m to €822,980
- Debts after one year -€537,816
down €537,816 (-28.4%), from €1.9m to €1.4m
- Trade debts +€395,998
up €395,998 (+33.7%), from €1.2m to €1.6m
- Tax, wage and social debts +€144,636
up €144,636 (+43.4%), from €333,646 to €478,282
of which Remuneration and social security: +€118,257
- Other debts +€139,869
up €139,869 (+86.0%), from €162,731 to €302,600
Income statement
- Turnover -€675,149
down €675,149 (-4.5%), from €15.1m to €14.4m
- Services and other goods -€529,141
down €529,141 (-9.5%), from €5.6m to €5.0m
- Staff costs +€302,754
up €302,754 (+7.4%), from €4.1m to €4.4m
- Other operating income -€235,772
down €235,772 (-56.8%), from €414,965 to €179,193
- Goods and materials -€176,745
down €176,745 (-4.6%), from €3.9m to €3.7m
of which Purchases: -€185,641
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
€439,862
Turnover
-€675,149
Other operating income
-€235,772
Goods and materials
+€176,745
Services and other goods
+€529,141
Staff costs
-€302,754
Depreciation
-€1,668
Other operating charges
+€17,549
Other operating items
+€69,958
Financial income
+€23,368
Financial charges
-€152,432
Taxes
+€57
Result 2025
-€111,093
Cash bridge derived
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
+€1.9m
Investment
-€487,568
Financing
-€1.5m
Cash 2024
€766,456
From operations (derived)
+€1.9m
Net result for the year
-€111,093
Depreciation
+€1.1m
Stocks and contracts
-€9,947
Receivables within one year
+€302,054
Deferred charges and accrued income
+€26,887
Trade debts
+€395,998
Tax, wage and social debts
+€144,636
Advances received
-€1,467
Other debts
+€139,869
Accrued charges and deferred income
-€52,851
Investment (derived)
-€487,568
Investment in fixed assets (net)
-€487,568
Financing
-€1.5m
Debts after one year
-€537,816
Current portion of long-term debt
-€956,703
Contributions, distributions and other
-€12,176
Cash 2025
€712,259
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,389,004 | €6,397,401 | -€991,603 | -13.4% |
| Fixed assets | 21/28 | €4,734,593 | €4,116,181 | -€618,411 | -13.1% |
| Intangible fixed assets | 21 | €320,716 | €192,188 | -€128,528 | -40.1% |
| Tangible fixed assets | 22/27 | €4,332,783 | €3,842,899 | -€489,884 | -11.3% |
| Plant, machinery and equipment | 23 | €1,821,342 | €1,781,932 | -€39,411 | -2.2% |
| Furniture and vehicles | 24 | €227,637 | €183,656 | -€43,981 | -19.3% |
| Other tangible fixed assets | 26 | €2,283,804 | €1,877,312 | -€406,492 | -17.8% |
| Financial fixed assets | 28 | €81,094 | €81,094 | = | 0.0% |
| Affiliated companies | 280/1 | €50,000 | €50,000 | = | 0.0% |
| Participating interests | 280 | €50,000 | €50,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €31,094 | €31,094 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €31,094 | €31,094 | = | 0.0% |
| Current assets | 29/58 | €2,654,412 | €2,281,220 | -€373,192 | -14.1% |
| Amounts receivable after more than one year | 29 | €760,000 | €760,000 | = | 0.0% |
| Other amounts receivable | 291 | €760,000 | €760,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €218,230 | €228,176 | +€9,947 | +4.6% |
| Stocks | 30/36 | €218,230 | €228,176 | +€9,947 | +4.6% |
| Raw materials and consumables | 30/31 | €218,230 | €228,176 | +€9,947 | +4.6% |
| Amounts receivable within one year | 40/41 | €731,355 | €429,301 | -€302,054 | -41.3% |
| Trade receivables | 40 | €181,493 | €403,624 | +€222,130 | +122.4% |
| Other amounts receivable | 41 | €549,862 | €25,678 | -€524,184 | -95.3% |
| Cash at bank and in hand | 54/58 | €766,456 | €712,259 | -€54,198 | -7.1% |
| Deferred charges and accrued income | 490/1 | €178,371 | €151,483 | -€26,887 | -15.1% |
| Total equity and liabilities | 10/49 | €7,389,004 | €6,397,401 | -€991,603 | -13.4% |
| Equity | 10/15 | €1,802,185 | €1,678,916 | -€123,269 | -6.8% |
| Contributions | 10/11 | €3,780,300 | €3,780,300 | = | 0.0% |
| Reserves | 13 | €175,020 | €175,020 | = | 0.0% |
| Non-distributable reserves | 130/1 | €175,020 | €175,020 | = | 0.0% |
| Reserves not available under the articles | 1311 | €175,020 | €175,020 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,232,887 | -€2,343,980 | -€111,093 | -5.0% |
| Investment grants | 15 | €79,752 | €67,577 | -€12,176 | -15.3% |
| Amounts payable | 17/49 | €5,586,819 | €4,718,485 | -€868,334 | -15.5% |
| Amounts payable after more than one year | 17 | €1,895,700 | €1,357,884 | -€537,816 | -28.4% |
| Financial debts | 170/4 | €1,895,700 | €1,357,884 | -€537,816 | -28.4% |
| Subordinated loans | 170 | €343,653 | €360,835 | +€17,183 | +5.0% |
| Credit institutions | 173 | €165,629 | €211,297 | +€45,668 | +27.6% |
| Other loans | 174 | €1,386,419 | €785,752 | -€600,667 | -43.3% |
| Amounts payable within one year | 42/48 | €3,480,216 | €3,202,549 | -€277,667 | -8.0% |
| Current portion of amounts payable after more than one year | 42 | €1,779,683 | €822,980 | -€956,703 | -53.8% |
| Trade debts | 44 | €1,175,976 | €1,571,974 | +€395,998 | +33.7% |
| Suppliers | 440/4 | €1,175,976 | €1,571,974 | +€395,998 | +33.7% |
| Advances received on contracts in progress | 46 | €28,180 | €26,712 | -€1,467 | -5.2% |
| Taxes, remuneration and social security | 45 | €333,646 | €478,282 | +€144,636 | +43.4% |
| Taxes | 450/3 | €81,911 | €108,290 | +€26,379 | +32.2% |
| Remuneration and social security | 454/9 | €251,735 | €369,992 | +€118,257 | +47.0% |
| Other amounts payable | 47/48 | €162,731 | €302,600 | +€139,869 | +86.0% |
| Accrued charges and deferred income | 492/3 | €210,903 | €158,052 | -€52,851 | -25.1% |
| Operating income | 70/76A | €15,487,660 | €14,558,572 | -€929,087 | -6.0% |
| Turnover | 70 | €15,054,374 | €14,379,225 | -€675,149 | -4.5% |
| Other operating income | 74 | €414,965 | €179,193 | -€235,772 | -56.8% |
| Non-recurring operating income | 76A | €18,321 | €154 | -€18,167 | -99.2% |
| Operating charges | 60/66A | €14,831,376 | €14,324,238 | -€507,138 | -3.4% |
| Goods for resale, raw materials and consumables | 60 | €3,854,784 | €3,678,040 | -€176,745 | -4.6% |
| Purchases | 600/8 | €3,873,627 | €3,687,986 | -€185,641 | -4.8% |
| Change in stocks: decrease (increase) | 609 | -€18,843 | -€9,947 | +€8,896 | +47.2% |
| Services and other goods | 61 | €5,550,549 | €5,021,408 | -€529,141 | -9.5% |
| Remuneration, social security and pensions | 62 | €4,092,218 | €4,394,971 | +€302,754 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,104,311 | €1,105,979 | +€1,668 | +0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €141,389 | €123,840 | -€17,549 | -12.4% |
| Non-recurring operating charges | 66A | €88,125 | €0 | -€88,125 | -100.0% |
| Operating profit (loss) | 9901 | €656,283 | €234,334 | -€421,949 | -64.3% |
| Financial income | 75/76B | €127,316 | €150,684 | +€23,368 | +18.4% |
| Recurring financial income | 75 | €127,316 | €150,684 | +€23,368 | +18.4% |
| Income from financial fixed assets | 750 | €49,422 | €48,915 | -€507 | -1.0% |
| Income from current assets | 751 | €442 | €4,607 | +€4,165 | +941.4% |
| Other financial income | 752/9 | €77,451 | €97,162 | +€19,711 | +25.4% |
| Financial charges | 65/66B | €343,624 | €496,056 | +€152,432 | +44.4% |
| Recurring financial charges | 65 | €343,624 | €496,056 | +€152,432 | +44.4% |
| Debt charges | 650 | €111,614 | €80,823 | -€30,791 | -27.6% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | - | €287,713 | +€287,713 | |
| Other financial charges | 652/9 | €232,010 | €127,520 | -€104,490 | -45.0% |
| Profit (loss) for the period before taxes | 9903 | €439,975 | -€111,038 | -€551,013 | |
| Income taxes | 67/77 | €113 | €56 | -€57 | -50.8% |
| Taxes | 670/3 | €113 | €56 | -€57 | -50.8% |
| Profit (loss) for the period | 9904 | €439,862 | -€111,093 | -€550,955 | |
| Profit (loss) for the period to be appropriated | 9905 | €439,862 | -€111,093 | -€550,955 |
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 12 October 2026 via checked.be.