HEBO CONSTRUCT: 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.
HEBO CONSTRUCT
Largest movements
- Receivables within one year +€6,968
up €6,968 (+95.3%), from €7,308 to €14,275
of which Trade receivables: +€10,091
- Tangible fixed assets -€1,801
down €1,801 (-20.5%), from €8,772 to €6,971
of which Furniture and vehicles: -€1,603
- Cash +€1,565
up €1,565 (+22.7%), from €6,895 to €8,460
mainly Net result for the year (+€4,489) and Other debts (+€4,411)
- Tax, wage and social debts -€5,811
down €5,811 (-53.6%), from €10,835 to €5,025
of which Remuneration and social security: -€6,579
- Reserves +€4,489
up €4,489 (+208%), from €2,159 to €6,648
- Other debts +€4,411
up €4,411 (+88.6%), from €4,980 to €9,391
- Trade debts +€3,642
new in 2025: €3,642
- Gross operating margin +€3,233
up €3,233 (+92.0%), from €3,513 to €6,747
- Depreciation +€1,568
up €1,568 (+674%), from €233 to €1,801
- Taxes -€633
down €633 (-86.3%), from €733 to €100
- Other operating charges -€141
down €141 (-46.3%), from €304 to €163
- Financial charges +€119
up €119 (+1,427%), from €8 to €127
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 | €22,975 | €29,706 | +€6,732 | +29.3% |
| Fixed assets | 21/28 | €8,772 | €6,971 | -€1,801 | -20.5% |
| Tangible fixed assets | 22/27 | €8,772 | €6,971 | -€1,801 | -20.5% |
| Plant, machinery and equipment | 23 | €892 | €694 | -€198 | -22.2% |
| Furniture and vehicles | 24 | €7,880 | €6,277 | -€1,603 | -20.3% |
| Current assets | 29/58 | €14,203 | €22,735 | +€8,533 | +60.1% |
| Amounts receivable within one year | 40/41 | €7,308 | €14,275 | +€6,968 | +95.3% |
| Trade receivables | 40 | €3,774 | €13,864 | +€10,091 | +267% |
| Other amounts receivable | 41 | €3,534 | €411 | -€3,123 | -88.4% |
| Cash at bank and in hand | 54/58 | €6,895 | €8,460 | +€1,565 | +22.7% |
| Total equity and liabilities | 10/49 | €22,975 | €29,706 | +€6,732 | +29.3% |
| Equity | 10/15 | €7,159 | €11,648 | +€4,489 | +62.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €2,159 | €6,648 | +€4,489 | +208% |
| Distributable reserves | 133 | €2,159 | €6,648 | +€4,489 | +208% |
| Amounts payable | 17/49 | €15,816 | €18,058 | +€2,242 | +14.2% |
| Amounts payable within one year | 42/48 | €15,816 | €18,058 | +€2,242 | +14.2% |
| Trade debts | 44 | - | €3,642 | +€3,642 | |
| Suppliers | 440/4 | - | €3,642 | +€3,642 | |
| Taxes, remuneration and social security | 45 | €10,835 | €5,025 | -€5,811 | -53.6% |
| Taxes | 450/3 | €1,630 | €2,399 | +€768 | +47.1% |
| Remuneration and social security | 454/9 | €9,205 | €2,626 | -€6,579 | -71.5% |
| Other amounts payable | 47/48 | €4,980 | €9,391 | +€4,411 | +88.6% |
| Remuneration, social security and pensions | 62 | €76 | €66 | -€10 | -13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €233 | €1,801 | +€1,568 | +674% |
| Other operating charges | 640/8 | €304 | €163 | -€141 | -46.3% |
| Gross operating margin | 9900 | €3,513 | €6,747 | +€3,233 | +92.0% |
| Operating profit (loss) | 9901 | €2,901 | €4,717 | +€1,816 | +62.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €8 | €127 | +€119 | +1,427% |
| Recurring financial charges | 65 | €8 | €127 | +€119 | +1,427% |
| Profit (loss) for the period before taxes | 9903 | €2,892 | €4,590 | +€1,697 | +58.7% |
| Income taxes | 67/77 | €733 | €100 | -€633 | -86.3% |
| Profit (loss) for the period | 9904 | €2,159 | €4,489 | +€2,330 | +108% |
| Profit (loss) for the period to be appropriated | 9905 | €2,159 | €4,489 | +€2,330 | +108% |
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 13 October 2026 via checked.be.