HEDERA: 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.
HEDERA
Largest movements
- Receivables within one year -€5,811
down €5,811 (-98.4%), from €5,907 to €97
of which Trade receivables: -€5,907
- Other debts -€5,000
down €5,000 (-3.7%), from €136,616 to €131,616
- Tax, wage and social debts -€1,125
down €1,125 (-100.0%), from €1,125 to €0
- Gross operating margin -€32,269
down €32,269 (-97.6%), from €33,077 to €808
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 | €42,926 | €37,151 | -€5,775 | -13.5% |
| Current assets | 29/58 | €42,926 | €37,151 | -€5,775 | -13.5% |
| Amounts receivable within one year | 40/41 | €5,907 | €97 | -€5,811 | -98.4% |
| Trade receivables | 40 | €5,907 | €0 | -€5,907 | -100.0% |
| Other amounts receivable | 41 | - | €97 | +€97 | |
| Cash at bank and in hand | 54/58 | €37,019 | €37,055 | +€36 | +0.1% |
| Total equity and liabilities | 10/49 | €42,926 | €37,151 | -€5,775 | -13.5% |
| Equity | 10/15 | -€94,815 | -€94,464 | +€350 | +0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,578 | €5,578 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €3,719 | €3,719 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€118,993 | -€118,642 | +€350 | +0.3% |
| Amounts payable | 17/49 | €137,741 | €131,616 | -€6,125 | -4.4% |
| Amounts payable within one year | 42/48 | €137,741 | €131,616 | -€6,125 | -4.4% |
| Taxes, remuneration and social security | 45 | €1,125 | €0 | -€1,125 | -100.0% |
| Taxes | 450/3 | €1,125 | €0 | -€1,125 | -100.0% |
| Other amounts payable | 47/48 | €136,616 | €131,616 | -€5,000 | -3.7% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €33,077 | €808 | -€32,269 | -97.6% |
| Operating profit (loss) | 9901 | €32,693 | €421 | -€32,272 | -98.7% |
| Financial income | 75/76B | €0 | €1 | +€1 | +8000.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +8000.0% |
| Financial charges | 65/66B | €60 | €71 | +€11 | +18.6% |
| Recurring financial charges | 65 | €60 | €71 | +€11 | +18.6% |
| Profit (loss) for the period before taxes | 9903 | €32,633 | €350 | -€32,282 | -98.9% |
| Profit (loss) for the period | 9904 | €32,633 | €350 | -€32,282 | -98.9% |
| Profit (loss) for the period to be appropriated | 9905 | €32,633 | €350 | -€32,282 | -98.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.