HEBOMACK: 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.
HEBOMACK
Largest movements
- Cash +€17,668
up €17,668 (+40.4%), from €43,712 to €61,380
mainly Net result for the year (+€27,732) and Depreciation (+€9,651)
- Tangible fixed assets -€9,651
down €9,651 (-38.4%), from €25,134 to €15,483
- Receivables within one year +€8,136
up €8,136 (+125%), from €6,495 to €14,632
of which Trade receivables: +€8,549
- Reserves +€25,112
new in 2025: €25,112
- Debts after one year -€11,013
down €11,013 (-90.1%), from €12,227 to €1,214
- Current portion of long-term debt -€6,398
down €6,398 (-36.7%), from €17,411 to €11,013
- Tax, wage and social debts +€5,793
new in 2025: €5,793
- Profit (loss) carried forward +€2,620
no longer reported in 2025 (was -€2,620)
- Gross operating margin +€10,570
up €10,570 (+32.1%), from €32,927 to €43,497
- Taxes +€3,966
new in 2025: €3,966
- Financial charges -€509
down €509 (-38.5%), from €1,322 to €813
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 | €78,001 | €93,565 | +€15,563 | +20.0% |
| Fixed assets | 21/28 | €25,134 | €15,483 | -€9,651 | -38.4% |
| Tangible fixed assets | 22/27 | €25,134 | €15,483 | -€9,651 | -38.4% |
| Leasing and similar rights | 25 | €25,134 | €15,483 | -€9,651 | -38.4% |
| Current assets | 29/58 | €52,868 | €78,082 | +€25,215 | +47.7% |
| Amounts receivable within one year | 40/41 | €6,495 | €14,632 | +€8,136 | +125% |
| Trade receivables | 40 | €6,083 | €14,632 | +€8,549 | +141% |
| Other amounts receivable | 41 | €413 | - | -€413 | |
| Cash at bank and in hand | 54/58 | €43,712 | €61,380 | +€17,668 | +40.4% |
| Deferred charges and accrued income | 490/1 | €2,660 | €2,070 | -€590 | -22.2% |
| Total equity and liabilities | 10/49 | €78,001 | €93,565 | +€15,563 | +20.0% |
| Equity | 10/15 | €15,972 | €43,704 | +€27,732 | +174% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | - | €25,112 | +€25,112 | |
| Distributable reserves | 133 | - | €25,112 | +€25,112 | |
| Profit (loss) carried forward | 14 | -€2,620 | - | +€2,620 | |
| Amounts payable | 17/49 | €62,029 | €49,861 | -€12,168 | -19.6% |
| Amounts payable after more than one year | 17 | €12,227 | €1,214 | -€11,013 | -90.1% |
| Financial debts | 170/4 | €12,227 | €1,214 | -€11,013 | -90.1% |
| Amounts payable within one year | 42/48 | €49,803 | €48,647 | -€1,155 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €17,411 | €11,013 | -€6,398 | -36.7% |
| Trade debts | 44 | €778 | €228 | -€551 | -70.8% |
| Suppliers | 440/4 | €778 | €228 | -€551 | -70.8% |
| Taxes, remuneration and social security | 45 | - | €5,793 | +€5,793 | |
| Taxes | 450/3 | - | €5,793 | +€5,793 | |
| Other amounts payable | 47/48 | €31,613 | €31,613 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,651 | €9,651 | = | 0.0% |
| Other operating charges | 640/8 | €1,791 | €1,442 | -€349 | -19.5% |
| Gross operating margin | 9900 | €32,927 | €43,497 | +€10,570 | +32.1% |
| Operating profit (loss) | 9901 | €21,485 | €32,404 | +€10,919 | +50.8% |
| Financial income | 75/76B | €25 | €106 | +€81 | +326% |
| Recurring financial income | 75 | €25 | €106 | +€81 | +326% |
| Financial charges | 65/66B | €1,322 | €813 | -€509 | -38.5% |
| Recurring financial charges | 65 | €1,322 | €813 | -€509 | -38.5% |
| Profit (loss) for the period before taxes | 9903 | €20,188 | €31,697 | +€11,509 | +57.0% |
| Income taxes | 67/77 | - | €3,966 | +€3,966 | |
| Profit (loss) for the period | 9904 | €20,188 | €27,732 | +€7,544 | +37.4% |
| Profit (loss) for the period to be appropriated | 9905 | €20,188 | €27,732 | +€7,544 | +37.4% |
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.