Hector Products: 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.
Hector Products
Largest movements
- Cash +€5,019
up €5,019 (+85.1%), from €5,897 to €10,916
mainly Other debts (+€4,662) and Depreciation (+€3,153)
- Receivables within one year +€1,849
up €1,849 (+139.6%), from €1,325 to €3,174
of which Other amounts receivable: +€1,721
- Tangible fixed assets +€1,723
up €1,723 (+43.4%), from €3,967 to €5,691
of which Plant, machinery and equipment: +€1,614
- Intangible fixed assets -€1,596
down €1,596 (-23.7%), from €6,745 to €5,149
- Other debts +€4,662
up €4,662 (+95.4%), from €4,889 to €9,550
- Reserves +€2,294
up €2,294 (+27.0%), from €8,510 to €10,805
- Trade debts -€256
down €256 (-43.3%), from €591 to €335
- Accrued charges and deferred income +€254
up €254 (+48.9%), from €521 to €775
- Gross operating margin -€8,054
down €8,054 (-55.2%), from €14,603 to €6,548
- Taxes -€1,218
down €1,218 (-61.1%), from €1,993 to €775
- Financial charges -€543
down €543 (-80.5%), from €674 to €131
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 | €17,934 | €25,000 | +€7,065 | +39.4% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €10,712 | €10,840 | +€128 | +1.2% |
| Intangible fixed assets | 21 | €6,745 | €5,149 | -€1,596 | -23.7% |
| Tangible fixed assets | 22/27 | €3,967 | €5,691 | +€1,723 | +43.4% |
| Plant, machinery and equipment | 23 | €3,346 | €4,960 | +€1,614 | +48.2% |
| Furniture and vehicles | 24 | €621 | €731 | +€110 | +17.7% |
| Current assets | 29/58 | €7,222 | €14,160 | +€6,937 | +96.1% |
| Amounts receivable within one year | 40/41 | €1,325 | €3,174 | +€1,849 | +139.6% |
| Trade receivables | 40 | €0 | €128 | +€128 | |
| Other amounts receivable | 41 | €1,325 | €3,046 | +€1,721 | +129.9% |
| Cash at bank and in hand | 54/58 | €5,897 | €10,916 | +€5,019 | +85.1% |
| Deferred charges and accrued income | 490/1 | €1 | €70 | +€70 | +12640.0% |
| Total equity and liabilities | 10/49 | €17,934 | €25,000 | +€7,065 | +39.4% |
| Equity | 10/15 | €11,510 | €13,805 | +€2,294 | +19.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €8,510 | €10,805 | +€2,294 | +27.0% |
| Distributable reserves | 133 | €8,510 | €10,805 | +€2,294 | +27.0% |
| Amounts payable | 17/49 | €6,424 | €11,195 | +€4,771 | +74.3% |
| Amounts payable within one year | 42/48 | €5,903 | €10,420 | +€4,517 | +76.5% |
| Trade debts | 44 | €591 | €335 | -€256 | -43.3% |
| Suppliers | 440/4 | €591 | €335 | -€256 | -43.3% |
| Taxes, remuneration and social security | 45 | €423 | €534 | +€111 | +26.1% |
| Taxes | 450/3 | €423 | €534 | +€111 | +26.1% |
| Other amounts payable | 47/48 | €4,889 | €9,550 | +€4,662 | +95.4% |
| Accrued charges and deferred income | 492/3 | €521 | €775 | +€254 | +48.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,198 | €3,153 | -€46 | -1.4% |
| Other operating charges | 640/8 | €227 | €196 | -€32 | -13.9% |
| Gross operating margin | 9900 | €14,603 | €6,548 | -€8,054 | -55.2% |
| Operating profit (loss) | 9901 | €11,177 | €3,200 | -€7,977 | -71.4% |
| Financial charges | 65/66B | €674 | €131 | -€543 | -80.5% |
| Recurring financial charges | 65 | €674 | €131 | -€543 | -80.5% |
| Profit (loss) for the period before taxes | 9903 | €10,504 | €3,069 | -€7,434 | -70.8% |
| Income taxes | 67/77 | €1,993 | €775 | -€1,218 | -61.1% |
| Profit (loss) for the period | 9904 | €8,510 | €2,294 | -€6,216 | -73.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,510 | €2,294 | -€6,216 | -73.0% |
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 5 October 2026 via checked.be.