HEBRIMO: 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.
HEBRIMO
Largest movements
- Receivables within one year +€4.7m
up €4.7m (+34.2%), from €13.7m to €18.4m
of which Other amounts receivable: +€4.3m
- Cash -€2.9m
down €2.9m (-45.1%), from €6.4m to €3.5m
mainly Receivables within one year (-€4.7m) and Other debts (-€3.8m)
- Tangible fixed assets -€768,247
no longer reported in 2025 (was €768,247)
- Deferred charges and accrued income +€552,203
up €552,203 (+24.7%), from €2.2m to €2.8m
- Provisions +€7.1m
up €7.1m (+134.1%), from €5.3m to €12.4m
- Other debts -€3.8m
down €3.8m (-57.2%), from €6.6m to €2.8m
- Tax, wage and social debts -€1.2m
no longer reported in 2025 (was €1.2m)
- Accrued charges and deferred income -€900,871
down €900,871 (-26.0%), from €3.5m to €2.6m
- Profit (loss) carried forward +€339,607
up €339,607 (+156.4%), from €217,203 to €556,810
- Provisions +€6.1m
up €6.1m (+635.2%), from €966,713 to €7.1m
- Gross operating margin +€6.1m
up €6.1m (+222.3%), from €2.7m to €8.9m
- Other operating charges -€1.5m
down €1.5m (-52.5%), from €2.9m to €1.4m
- Write-downs +€267,976
new in 2025: €267,976
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 | €23,073,915 | €24,682,116 | +€1.6m | +7.0% |
| Fixed assets | 21/28 | €768,247 | - | -€768,247 | |
| Tangible fixed assets | 22/27 | €768,247 | - | -€768,247 | |
| Assets under construction and advance payments | 27 | €768,247 | - | -€768,247 | |
| Current assets | 29/58 | €22,305,668 | €24,682,116 | +€2.4m | +10.7% |
| Amounts receivable within one year | 40/41 | €13,709,376 | €18,403,779 | +€4.7m | +34.2% |
| Trade receivables | 40 | €1,246,636 | €1,634,813 | +€388,177 | +31.1% |
| Other amounts receivable | 41 | €12,462,740 | €16,768,966 | +€4.3m | +34.6% |
| Cash at bank and in hand | 54/58 | €6,364,285 | €3,494,126 | -€2.9m | -45.1% |
| Deferred charges and accrued income | 490/1 | €2,232,007 | €2,784,210 | +€552,203 | +24.7% |
| Total equity and liabilities | 10/49 | €23,073,915 | €24,682,116 | +€1.6m | +7.0% |
| Equity | 10/15 | €232,077 | €571,684 | +€339,607 | +146.3% |
| Contributions | 10/11 | €14,874 | €14,874 | = | 0.0% |
| Profit (loss) carried forward | 14 | €217,203 | €556,810 | +€339,607 | +156.4% |
| Provisions and deferred taxes | 16 | €5,300,967 | €12,408,539 | +€7.1m | +134.1% |
| Provisions for liabilities and charges | 160/5 | €5,300,967 | €12,408,539 | +€7.1m | +134.1% |
| Other liabilities and charges | 164/5 | €5,300,967 | €12,408,539 | +€7.1m | +134.1% |
| Amounts payable | 17/49 | €17,540,871 | €11,701,893 | -€5.8m | -33.3% |
| Amounts payable within one year | 42/48 | €14,081,783 | €9,143,676 | -€4.9m | -35.1% |
| Trade debts | 44 | €6,289,814 | €6,309,515 | +€19,702 | +0.3% |
| Suppliers | 440/4 | €6,289,814 | €6,309,515 | +€19,702 | +0.3% |
| Taxes, remuneration and social security | 45 | €1,167,255 | - | -€1.2m | |
| Taxes | 450/3 | €1,167,255 | - | -€1.2m | |
| Other amounts payable | 47/48 | €6,624,713 | €2,834,160 | -€3.8m | -57.2% |
| Accrued charges and deferred income | 492/3 | €3,459,088 | €2,558,217 | -€900,871 | -26.0% |
| Non-recurring operating income | 76A | - | €8,962,298 | +€9.0m | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €267,976 | +€267,976 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €966,713 | €7,107,572 | +€6.1m | +635.2% |
| Other operating charges | 640/8 | €2,933,975 | €1,392,936 | -€1.5m | -52.5% |
| Gross operating margin | 9900 | €2,746,517 | €8,851,418 | +€6.1m | +222.3% |
| Operating profit (loss) | 9901 | -€1,154,171 | €82,933 | +€1.2m | |
| Financial income | 75/76B | €360,727 | €351,658 | -€9,069 | -2.5% |
| Recurring financial income | 75 | €360,727 | €351,658 | -€9,069 | -2.5% |
| Financial charges | 65/66B | €89,575 | €94,984 | +€5,409 | +6.0% |
| Recurring financial charges | 65 | €89,575 | €94,984 | +€5,409 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | -€883,020 | €339,607 | +€1.2m | |
| Income taxes | 67/77 | €5,257 | - | -€5,257 | |
| Profit (loss) for the period | 9904 | -€888,277 | €339,607 | +€1.2m | |
| Profit (loss) for the period to be appropriated | 9905 | -€888,277 | €339,607 | +€1.2m |
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 5 October 2026 via checked.be.