Hefboom: what changed
Two financial 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.
What changed
Hefboom
NACE 82.990, Other business support services
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€131,871
2024 · €317,848-€185,978
Equity
€13.6m
2024 · €13.6m-€50,426
Cash
€3.7m
2024 · €4.8m-€1.0m
Balance sheet total
€39.5m
2024 · €42.3m-€2.8m
Largest movements
Assets
- Current investments -€1.2m
down €1.2m (-100.0%), from €1.2m to €0
- Cash -€1.0m
down €1.0m (-21.8%), from €4.8m to €3.7m
mainly Debts after one year (-€2.6m) and Other debts (-€394,349)
- Receivables after one year -€654,255
down €654,255 (-2.5%), from €26.3m to €25.6m
Equity and liabilities
- Debts after one year -€2.6m
down €2.6m (-13.6%), from €19.1m to €16.5m
- Current portion of long-term debt +€509,814
up €509,814 (+7.6%), from €6.7m to €7.2m
Income statement
- Turnover +€384,122
new in 2025: €384,122
- Purchases and services +€206,612
new in 2025: €206,612
- Financial charges -€196,313
down €196,313 (-39.3%), from €499,280 to €302,967
of which Financial charges: -€212,983
- Financial income -€148,206
down €148,206 (-11.3%), from €1.3m to €1.2m
of which Financial income: -€114,582
- Write-downs -€48,651
down €48,651 (-7.1%), from €682,669 to €634,018
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.
Result 2024
€317,848
Gross operating margin
-€43,575
Staff costs
-€15,021
Depreciation
+€6,986
Write-downs
+€48,651
Other operating charges
+€28,299
Other operating items
-€286,596
Financial income
-€148,206
Financial charges
+€196,313
Taxes
+€27,171
Result 2025
€131,871
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.
From operations
+€210,235
Investment
+€1.0m
Financing
-€2.3m
Cash 2024
€4.8m
From operations (derived)
+€210,235
Net result for the year
+€131,871
Depreciation
+€8,916
Receivables after one year
+€654,255
Receivables within one year
+€58,642
Smaller working-capital items
-€8,571
Trade debts
-€204,278
Other debts
-€394,349
Accrued charges and deferred income
-€36,250
Investment (derived)
+€1.0m
Investment in fixed assets (net)
-€127,117
Current investments
+€1.2m
Financing
-€2.3m
Debts after one year
-€2.6m
Current portion of long-term debt
+€509,814
Contributions, distributions and other
-€182,296
Cash 2025
€3.7m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,260,932 | €39,475,504 | -€2.8m | -6.6% |
| Fixed assets | 21/28 | €1,960,564 | €2,078,766 | +€118,202 | +6.0% |
| Intangible fixed assets | 21 | €13,045 | €5,351 | -€7,694 | -59.0% |
| Tangible fixed assets | 22/27 | €0 | €6,957 | +€6,957 | |
| Furniture and vehicles | 24 | €0 | €6,957 | +€6,957 | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €1,947,519 | €2,066,457 | +€118,938 | +6.1% |
| Current assets | 29/58 | €40,300,367 | €37,396,738 | -€2.9m | -7.2% |
| Amounts receivable after more than one year | 29 | €26,288,689 | €25,634,434 | -€654,255 | -2.5% |
| Other amounts receivable | 291 | €26,288,689 | €25,634,434 | -€654,255 | -2.5% |
| Amounts receivable within one year | 40/41 | €7,988,121 | €7,929,479 | -€58,642 | -0.7% |
| Trade receivables | 40 | €327,523 | €281,568 | -€45,954 | -14.0% |
| Other amounts receivable | 41 | €7,660,598 | €7,647,910 | -€12,688 | -0.2% |
| Current investments | 50/53 | €1,150,115 | €0 | -€1.2m | -100.0% |
| Cash at bank and in hand | 54/58 | €4,782,803 | €3,740,086 | -€1.0m | -21.8% |
| Deferred charges and accrued income | 490/1 | €90,640 | €92,740 | +€2,100 | +2.3% |
| Total equity and liabilities | 10/49 | €42,260,932 | €39,475,504 | -€2.8m | -6.6% |
| Equity | 10/15 | €13,629,407 | €13,578,982 | -€50,426 | -0.4% |
| Contributions | 10/11 | €12,700,070 | €12,650,125 | -€49,945 | -0.4% |
| Reserves | 13 | €100,000 | €100,000 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €806,395 | €812,570 | +€6,175 | +0.8% |
| Investment grants | 15 | €22,943 | €16,286 | -€6,656 | -29.0% |
| Amounts payable | 17/49 | €28,631,524 | €25,896,522 | -€2.7m | -9.6% |
| Amounts payable after more than one year | 17 | €19,085,500 | €16,482,033 | -€2.6m | -13.6% |
| Financial debts | 170/4 | €19,085,500 | €16,482,033 | -€2.6m | -13.6% |
| Amounts payable within one year | 42/48 | €9,467,533 | €9,372,249 | -€95,284 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €6,692,315 | €7,202,129 | +€509,814 | +7.6% |
| Trade debts | 44 | €281,971 | €77,693 | -€204,278 | -72.4% |
| Suppliers | 440/4 | €281,971 | €77,693 | -€204,278 | -72.4% |
| Taxes, remuneration and social security | 45 | €145,239 | €138,768 | -€6,471 | -4.5% |
| Taxes | 450/3 | €51,628 | €45,836 | -€5,792 | -11.2% |
| Remuneration and social security | 454/9 | €93,611 | €92,932 | -€679 | -0.7% |
| Other amounts payable | 47/48 | €2,348,008 | €1,953,659 | -€394,349 | -16.8% |
| Accrued charges and deferred income | 492/3 | €78,491 | €42,240 | -€36,250 | -46.2% |
| Turnover | 70 | - | €384,122 | +€384,122 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €206,612 | +€206,612 | |
| Remuneration, social security and pensions | 62 | €601,326 | €616,347 | +€15,021 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,902 | €8,916 | -€6,986 | -43.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €682,669 | €634,018 | -€48,651 | -7.1% |
| Other operating charges | 640/8 | €30,360 | €2,061 | -€28,299 | -93.2% |
| Non-recurring operating charges | 66A | €13,404 | €300,000 | +€286,596 | +2138.1% |
| Gross operating margin | 9900 | €914,020 | €870,445 | -€43,575 | -4.8% |
| Operating profit (loss) | 9901 | -€429,642 | -€690,898 | -€261,256 | -60.8% |
| Financial income | 75/76B | €1,308,012 | €1,159,806 | -€148,206 | -11.3% |
| Recurring financial income | 75 | €1,246,280 | €1,131,697 | -€114,582 | -9.2% |
| Non-recurring financial income | 76B | €61,732 | €28,108 | -€33,624 | -54.5% |
| Financial charges | 65/66B | €499,280 | €302,967 | -€196,313 | -39.3% |
| Recurring financial charges | 65 | €499,280 | €286,297 | -€212,983 | -42.7% |
| Non-recurring financial charges | 66B | - | €16,670 | +€16,670 | |
| Profit (loss) for the period before taxes | 9903 | €379,090 | €165,941 | -€213,149 | -56.2% |
| Income taxes | 67/77 | €61,242 | €34,070 | -€27,171 | -44.4% |
| Profit (loss) for the period | 9904 | €317,848 | €131,871 | -€185,978 | -58.5% |
| Profit (loss) for the period to be appropriated | 9905 | €317,848 | €131,871 | -€185,978 | -58.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.