HEBRA: 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.
HEBRA
Largest movements
- Receivables within one year +€8,716
up €8,716 (+177.9%), from €4,899 to €13,615
of which Other amounts receivable: +€5,998
- Tangible fixed assets -€5,650
down €5,650 (-39.7%), from €14,222 to €8,572
of which Other tangible fixed assets: -€5,133
- Intangible fixed assets -€4,297
down €4,297 (-42.9%), from €10,023 to €5,726
- Cash +€2,532
up €2,532 (+73.0%), from €3,467 to €5,999
mainly Other debts (+€26,411) and Depreciation (+€9,947)
- Profit (loss) carried forward -€27,908
down €27,908 (-29.9%), from -€93,444 to -€121,352
- Other debts +€26,411
up €26,411 (+24.5%), from €107,621 to €134,032
- Trade debts +€4,872
up €4,872 (+43.3%), from €11,240 to €16,112
- Short-term financial debts -€1,534
no longer reported in 2024 (was €1,534)
- Current portion of long-term debt -€659
no longer reported in 2024 (was €659)
- Gross operating margin -€10,374
down €10,374 (-158.5%), from -€6,545 to -€16,919
- Other operating charges -€3,787
down €3,787 (-90.2%), from €4,198 to €411
- Financial charges -€723
down €723 (-70.4%), from €1,027 to €304
- Depreciation -€364
down €364 (-3.5%), from €10,311 to €9,947
- Staff costs -€358
down €358 (-72.0%), from €497 to €139
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,983 | €53,185 | +€1,202 | +2.3% |
| Fixed assets | 21/28 | €26,745 | €16,798 | -€9,947 | -37.2% |
| Intangible fixed assets | 21 | €10,023 | €5,726 | -€4,297 | -42.9% |
| Tangible fixed assets | 22/27 | €14,222 | €8,572 | -€5,650 | -39.7% |
| Plant, machinery and equipment | 23 | €1,772 | €1,255 | -€517 | -29.2% |
| Other tangible fixed assets | 26 | €12,450 | €7,317 | -€5,133 | -41.2% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €25,238 | €36,387 | +€11,149 | +44.2% |
| Stocks and contracts in progress | 3 | €15,125 | €15,376 | +€251 | +1.7% |
| Stocks | 30/36 | €15,125 | €15,376 | +€251 | +1.7% |
| Amounts receivable within one year | 40/41 | €4,899 | €13,615 | +€8,716 | +177.9% |
| Trade receivables | 40 | €2,284 | €5,002 | +€2,718 | +119.0% |
| Other amounts receivable | 41 | €2,615 | €8,613 | +€5,998 | +229.4% |
| Cash at bank and in hand | 54/58 | €3,467 | €5,999 | +€2,532 | +73.0% |
| Deferred charges and accrued income | 490/1 | €1,747 | €1,397 | -€350 | -20.0% |
| Total equity and liabilities | 10/49 | €51,983 | €53,185 | +€1,202 | +2.3% |
| Equity | 10/15 | -€72,984 | -€100,892 | -€27,908 | -38.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€93,444 | -€121,352 | -€27,908 | -29.9% |
| Amounts payable | 17/49 | €124,967 | €154,077 | +€29,110 | +23.3% |
| Amounts payable within one year | 42/48 | €124,967 | €154,077 | +€29,110 | +23.3% |
| Current portion of amounts payable after more than one year | 42 | €659 | - | -€659 | |
| Financial debts | 43 | €1,534 | - | -€1,534 | |
| Credit institutions | 430/8 | €1,534 | - | -€1,534 | |
| Trade debts | 44 | €11,240 | €16,112 | +€4,872 | +43.3% |
| Suppliers | 440/4 | €11,240 | €16,112 | +€4,872 | +43.3% |
| Advances received on contracts in progress | 46 | - | €240 | +€240 | |
| Taxes, remuneration and social security | 45 | €3,913 | €3,693 | -€220 | -5.6% |
| Taxes | 450/3 | €333 | €364 | +€31 | +9.3% |
| Remuneration and social security | 454/9 | €3,580 | €3,329 | -€251 | -7.0% |
| Other amounts payable | 47/48 | €107,621 | €134,032 | +€26,411 | +24.5% |
| Remuneration, social security and pensions | 62 | €497 | €139 | -€358 | -72.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,311 | €9,947 | -€364 | -3.5% |
| Other operating charges | 640/8 | €4,198 | €411 | -€3,787 | -90.2% |
| Gross operating margin | 9900 | -€6,545 | -€16,919 | -€10,374 | -158.5% |
| Operating profit (loss) | 9901 | -€21,551 | -€27,416 | -€5,865 | -27.2% |
| Financial charges | 65/66B | €1,027 | €304 | -€723 | -70.4% |
| Recurring financial charges | 65 | €1,027 | €304 | -€723 | -70.4% |
| Profit (loss) for the period before taxes | 9903 | -€22,578 | -€27,720 | -€5,142 | -22.8% |
| Income taxes | 67/77 | €176 | €188 | +€12 | +6.8% |
| Profit (loss) for the period | 9904 | -€22,754 | -€27,908 | -€5,154 | -22.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,754 | -€27,908 | -€5,154 | -22.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.