HEBEMA: what changed
Two fiscal 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.
HEBEMA
Largest movements
- Cash -€278,882
down €278,882 (-76.6%), from €363,917 to €85,035
mainly Current investments (-€251,823) and Net result for the year (-€25,992)
- Current investments +€251,823
new in 2025: €251,823
- Profit (loss) carried forward -€25,992
down €25,992 (-164.0%), from -€15,847 to -€41,839
- Gross operating margin -€14,132
down €14,132 (-144.6%), from -€9,776 to -€23,908
- Financial income +€3,696
new in 2025: €3,696
- Financial charges -€1,505
down €1,505, from €1,496 to -€9
- Taxes +€1,109
new in 2025: €1,109
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €672,003 | €643,192 | -€28,811 | -4.3% |
| Fixed assets | 21/28 | €249,253 | €247,501 | -€1,752 | -0.7% |
| Tangible fixed assets | 22/27 | €249,253 | €247,501 | -€1,752 | -0.7% |
| Land and buildings | 22 | €247,810 | €246,576 | -€1,234 | -0.5% |
| Furniture and vehicles | 24 | €1,443 | €925 | -€518 | -35.9% |
| Current assets | 29/58 | €422,750 | €395,692 | -€27,059 | -6.4% |
| Stocks and contracts in progress | 3 | €58,784 | €58,784 | = | 0.0% |
| Stocks | 30/36 | €58,784 | €58,784 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €50 | €50 | = | 0.0% |
| Other amounts receivable | 41 | €50 | €50 | = | 0.0% |
| Current investments | 50/53 | - | €251,823 | +€251,823 | |
| Cash at bank and in hand | 54/58 | €363,917 | €85,035 | -€278,882 | -76.6% |
| Total equity and liabilities | 10/49 | €672,003 | €643,192 | -€28,811 | -4.3% |
| Equity | 10/15 | €336,001 | €310,009 | -€25,992 | -7.7% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €101,848 | €101,848 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,105 | €3,105 | = | 0.0% |
| Legal reserve | 130 | €3,105 | €3,105 | = | 0.0% |
| Distributable reserves | 133 | €98,743 | €98,743 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,847 | -€41,839 | -€25,992 | -164.0% |
| Amounts payable | 17/49 | €336,002 | €333,183 | -€2,819 | -0.8% |
| Amounts payable within one year | 42/48 | €336,002 | €333,183 | -€2,819 | -0.8% |
| Trade debts | 44 | €6,270 | €3,354 | -€2,916 | -46.5% |
| Suppliers | 440/4 | €6,270 | €3,354 | -€2,916 | -46.5% |
| Taxes, remuneration and social security | 45 | €717 | €717 | = | 0.0% |
| Taxes | 450/3 | €717 | €717 | = | 0.0% |
| Other amounts payable | 47/48 | €329,015 | €329,112 | +€97 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,752 | €1,752 | = | 0.0% |
| Other operating charges | 640/8 | €2,823 | €2,927 | +€104 | +3.7% |
| Gross operating margin | 9900 | -€9,776 | -€23,908 | -€14,132 | -144.6% |
| Operating profit (loss) | 9901 | -€14,351 | -€28,588 | -€14,236 | -99.2% |
| Financial income | 75/76B | - | €3,696 | +€3,696 | |
| Recurring financial income | 75 | - | €3,696 | +€3,696 | |
| Financial charges | 65/66B | €1,496 | -€9 | -€1,505 | |
| Recurring financial charges | 65 | €1,496 | -€9 | -€1,505 | |
| Profit (loss) for the period before taxes | 9903 | -€15,847 | -€24,883 | -€9,036 | -57.0% |
| Income taxes | 67/77 | - | €1,109 | +€1,109 | |
| Profit (loss) for the period | 9904 | -€15,847 | -€25,992 | -€10,144 | -64.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,847 | -€25,992 | -€10,144 | -64.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.