HEDEMA: 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.
HEDEMA
Largest movements
- Tangible fixed assets -€16,126
down €16,126 (-4.6%), from €349,417 to €333,291
of which Land and buildings: -€15,035
- Receivables within one year -€4,050
down €4,050 (-100.0%), from €4,050 to €0
- Debts after one year -€33,000
down €33,000 (-11.3%), from €291,118 to €258,118
of which Financial debts: -€33,000
- Profit (loss) carried forward +€16,030
up €16,030 (+3.3%), from -€478,914 to -€462,885
No income-statement line moved by more than 1% of the activity.
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 | €365,761 | €348,126 | -€17,635 | -4.8% |
| Fixed assets | 21/28 | €349,417 | €333,291 | -€16,126 | -4.6% |
| Tangible fixed assets | 22/27 | €349,417 | €333,291 | -€16,126 | -4.6% |
| Land and buildings | 22 | €339,526 | €324,491 | -€15,035 | -4.4% |
| Plant, machinery and equipment | 23 | €8,725 | €7,751 | -€974 | -11.2% |
| Leasing and similar rights | 25 | €1,167 | €1,049 | -€118 | -10.1% |
| Current assets | 29/58 | €16,344 | €14,835 | -€1,509 | -9.2% |
| Amounts receivable within one year | 40/41 | €4,050 | €0 | -€4,050 | -100.0% |
| Trade receivables | 40 | €4,050 | €0 | -€4,050 | -100.0% |
| Cash at bank and in hand | 54/58 | €10,051 | €12,769 | +€2,718 | +27.0% |
| Deferred charges and accrued income | 490/1 | €2,243 | €2,066 | -€177 | -7.9% |
| Total equity and liabilities | 10/49 | €365,761 | €348,126 | -€17,635 | -4.8% |
| Equity | 10/15 | €71,086 | €87,115 | +€16,030 | +22.5% |
| Contributions | 10/11 | €550,000 | €550,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€478,914 | -€462,885 | +€16,030 | +3.3% |
| Amounts payable | 17/49 | €294,675 | €261,010 | -€33,665 | -11.4% |
| Amounts payable after more than one year | 17 | €291,118 | €258,118 | -€33,000 | -11.3% |
| Financial debts | 170/4 | €289,448 | €256,448 | -€33,000 | -11.4% |
| Other amounts payable | 178/9 | €1,670 | €1,670 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,558 | €2,893 | -€665 | -18.7% |
| Trade debts | 44 | €3,558 | €2,893 | -€665 | -18.7% |
| Suppliers | 440/4 | €3,558 | €2,893 | -€665 | -18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,989 | €16,126 | +€137 | +0.9% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €32,579 | €32,567 | -€12 | 0.0% |
| Operating profit (loss) | 9901 | €16,205 | €16,054 | -€151 | -0.9% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €126 | €24 | -€102 | -80.9% |
| Recurring financial charges | 65 | €126 | €24 | -€102 | -80.9% |
| Profit (loss) for the period before taxes | 9903 | €16,079 | €16,030 | -€50 | -0.3% |
| Profit (loss) for the period | 9904 | €16,079 | €16,030 | -€50 | -0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,079 | €16,030 | -€50 | -0.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.