Hedra: 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.
Hedra
Largest movements
- Cash +€160,796
up €160,796 (+217.1%), from €74,080 to €234,876
mainly Current investments (+€151,427) and Net result for the year (+€6,272)
- Current investments -€151,427
no longer reported in 2024 (was €151,427)
- Reserves +€6,272
up €6,272 (+2.0%), from €306,623 to €312,895
of which Distributable reserves: +€6,272
- Financial income -€9,193
down €9,193 (-96.2%), from €9,558 to €365
- Gross operating margin +€4,090
up €4,090 (+20.2%), from €20,204 to €24,294
- Financial charges +€2,679
up €2,679 (+995.6%), from €269 to €2,948
- Other operating charges +€827
up €827 (+8.0%), from €10,371 to €11,198
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 | €380,905 | €389,688 | +€8,783 | +2.3% |
| Fixed assets | 21/28 | €155,065 | €154,457 | -€608 | -0.4% |
| Tangible fixed assets | 22/27 | €154,693 | €154,086 | -€608 | -0.4% |
| Land and buildings | 22 | €153,818 | €153,818 | = | 0.0% |
| Furniture and vehicles | 24 | €875 | €268 | -€608 | -69.4% |
| Financial fixed assets | 28 | €372 | €372 | = | 0.0% |
| Current assets | 29/58 | €225,840 | €235,230 | +€9,391 | +4.2% |
| Current investments | 50/53 | €151,427 | - | -€151,427 | |
| Cash at bank and in hand | 54/58 | €74,080 | €234,876 | +€160,796 | +217.1% |
| Deferred charges and accrued income | 490/1 | €333 | €354 | +€21 | +6.4% |
| Total equity and liabilities | 10/49 | €380,905 | €389,688 | +€8,783 | +2.3% |
| Equity | 10/15 | €368,623 | €374,895 | +€6,272 | +1.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €306,623 | €312,895 | +€6,272 | +2.0% |
| Non-distributable reserves | 130/1 | €23,385 | €23,385 | = | 0.0% |
| Legal reserve | 130 | €23,385 | €23,385 | = | 0.0% |
| Distributable reserves | 133 | €283,238 | €289,510 | +€6,272 | +2.2% |
| Amounts payable | 17/49 | €12,282 | €14,792 | +€2,511 | +20.4% |
| Amounts payable within one year | 42/48 | €10,510 | €12,960 | +€2,450 | +23.3% |
| Trade debts | 44 | €171 | €1,701 | +€1,530 | +893.6% |
| Suppliers | 440/4 | €171 | €1,701 | +€1,530 | +893.6% |
| Taxes, remuneration and social security | 45 | €2,456 | €3,523 | +€1,067 | +43.4% |
| Taxes | 450/3 | €2,456 | €3,523 | +€1,067 | +43.4% |
| Other amounts payable | 47/48 | €7,882 | €7,736 | -€146 | -1.9% |
| Accrued charges and deferred income | 492/3 | €1,772 | €1,832 | +€60 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €608 | €608 | = | 0.0% |
| Other operating charges | 640/8 | €10,371 | €11,198 | +€827 | +8.0% |
| Gross operating margin | 9900 | €20,204 | €24,294 | +€4,090 | +20.2% |
| Operating profit (loss) | 9901 | €9,225 | €12,488 | +€3,263 | +35.4% |
| Financial income | 75/76B | €9,558 | €365 | -€9,193 | -96.2% |
| Recurring financial income | 75 | €9,558 | €365 | -€9,193 | -96.2% |
| Financial charges | 65/66B | €269 | €2,948 | +€2,679 | +995.6% |
| Recurring financial charges | 65 | €269 | €2,948 | +€2,679 | +995.6% |
| Profit (loss) for the period before taxes | 9903 | €18,514 | €9,905 | -€8,609 | -46.5% |
| Income taxes | 67/77 | €3,820 | €3,633 | -€187 | -4.9% |
| Profit (loss) for the period | 9904 | €14,694 | €6,272 | -€8,422 | -57.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,694 | €6,272 | -€8,422 | -57.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.