HEFIMO: 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.
HEFIMO
Largest movements
- Cash -€60,731
down €60,731 (-30.3%), from €200,211 to €139,480
mainly Contributions, distributions and other (-€48,000) and Deferred charges and accrued income (-€45,978)
- Deferred charges and accrued income +€45,978
up €45,978 (+219.5%), from €20,949 to €66,927
- Receivables within one year +€21,178
up €21,178 (+13.4%), from €158,182 to €179,360
of which Trade receivables: +€17,046
- Other debts -€27,080
down €27,080 (-7.4%), from €366,132 to €339,051
- Reserves +€24,990
up €24,990 (+15.1%), from €165,610 to €190,600
of which Distributable reserves: +€24,990
- Trade debts +€9,700
up €9,700 (+16.7%), from €58,076 to €67,775
- Financial charges +€13,319
up €13,319 (+2046.0%), from €651 to €13,970
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 | €741,979 | €748,403 | +€6,425 | +0.9% |
| Fixed assets | 21/28 | €362,636 | €362,636 | = | 0.0% |
| Tangible fixed assets | 22/27 | €362,456 | €362,456 | = | 0.0% |
| Land and buildings | 22 | €362,456 | €362,456 | = | 0.0% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €379,342 | €385,767 | +€6,425 | +1.7% |
| Amounts receivable within one year | 40/41 | €158,182 | €179,360 | +€21,178 | +13.4% |
| Trade receivables | 40 | €157,710 | €174,756 | +€17,046 | +10.8% |
| Other amounts receivable | 41 | €472 | €4,604 | +€4,132 | +875.3% |
| Cash at bank and in hand | 54/58 | €200,211 | €139,480 | -€60,731 | -30.3% |
| Deferred charges and accrued income | 490/1 | €20,949 | €66,927 | +€45,978 | +219.5% |
| Total equity and liabilities | 10/49 | €741,979 | €748,403 | +€6,425 | +0.9% |
| Equity | 10/15 | €227,610 | €252,600 | +€24,990 | +11.0% |
| 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 | €165,610 | €190,600 | +€24,990 | +15.1% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €159,410 | €184,400 | +€24,990 | +15.7% |
| Amounts payable | 17/49 | €514,369 | €495,804 | -€18,565 | -3.6% |
| Amounts payable within one year | 42/48 | €511,147 | €495,804 | -€15,343 | -3.0% |
| Trade debts | 44 | €58,076 | €67,775 | +€9,700 | +16.7% |
| Suppliers | 440/4 | €58,076 | €67,775 | +€9,700 | +16.7% |
| Taxes, remuneration and social security | 45 | €86,939 | €88,977 | +€2,037 | +2.3% |
| Taxes | 450/3 | €34,036 | €37,609 | +€3,572 | +10.5% |
| Remuneration and social security | 454/9 | €52,903 | €51,368 | -€1,535 | -2.9% |
| Other amounts payable | 47/48 | €366,132 | €339,051 | -€27,080 | -7.4% |
| Accrued charges and deferred income | 492/3 | €3,222 | - | -€3,222 | |
| Remuneration, social security and pensions | 62 | €506,189 | €511,186 | +€4,998 | +1.0% |
| Other operating charges | 640/8 | €3,320 | €3,461 | +€141 | +4.3% |
| Gross operating margin | 9900 | €617,729 | €615,267 | -€2,462 | -0.4% |
| Operating profit (loss) | 9901 | €108,220 | €100,619 | -€7,601 | -7.0% |
| Financial income | 75/76B | €0 | €7 | +€7 | +22200.0% |
| Recurring financial income | 75 | €0 | €7 | +€7 | +22200.0% |
| Financial charges | 65/66B | €651 | €13,970 | +€13,319 | +2046.0% |
| Recurring financial charges | 65 | €651 | €13,970 | +€13,319 | +2046.0% |
| Profit (loss) for the period before taxes | 9903 | €107,569 | €86,655 | -€20,913 | -19.4% |
| Income taxes | 67/77 | €15,528 | €13,666 | -€1,862 | -12.0% |
| Profit (loss) for the period | 9904 | €92,041 | €72,990 | -€19,051 | -20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €92,041 | €72,990 | -€19,051 | -20.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.