HEJANABEL: 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.
HEJANABEL
Largest movements
- Receivables after one year -€19,357
down €19,357 (-30.8%), from €62,945 to €43,588
- Tangible fixed assets -€15,920
down €15,920 (-13.7%), from €116,068 to €100,147
of which Furniture and vehicles: -€13,787
- Profit (loss) carried forward -€35,968
down €35,968 (-1.8%), from -€2.0m to -€2.0m
- Other operating charges +€201,047
up €201,047 (+25217.6%), from €797 to €201,844
- Financial charges -€146,976
down €146,976 (-1179.5%), from -€12,461 to -€159,438
- Financial income +€33,841
up €33,841 (+117.3%), from €28,844 to €62,685
- Gross operating margin -€18,309
down €18,309 (-99.9%), from -€18,319 to -€36,627
- Taxes +€3,486
up €3,486 (+1643.4%), from €212 to €3,698
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 | €977,389 | €940,168 | -€37,222 | -3.8% |
| Fixed assets | 21/28 | €116,068 | €100,147 | -€15,920 | -13.7% |
| Tangible fixed assets | 22/27 | €116,068 | €100,147 | -€15,920 | -13.7% |
| Plant, machinery and equipment | 23 | €630 | €320 | -€311 | -49.3% |
| Furniture and vehicles | 24 | €23,280 | €9,493 | -€13,787 | -59.2% |
| Other tangible fixed assets | 26 | €92,158 | €90,335 | -€1,823 | -2.0% |
| Current assets | 29/58 | €861,322 | €840,020 | -€21,301 | -2.5% |
| Amounts receivable after more than one year | 29 | €62,945 | €43,588 | -€19,357 | -30.8% |
| Other amounts receivable | 291 | €62,945 | €43,588 | -€19,357 | -30.8% |
| Amounts receivable within one year | 40/41 | €20,352 | €20,529 | +€177 | +0.9% |
| Trade receivables | 40 | €19,789 | €20,500 | +€711 | +3.6% |
| Other amounts receivable | 41 | €563 | €30 | -€533 | -94.7% |
| Current investments | 50/53 | €768,604 | €770,296 | +€1,692 | +0.2% |
| Cash at bank and in hand | 54/58 | €7,874 | €3,882 | -€3,992 | -50.7% |
| Deferred charges and accrued income | 490/1 | €1,546 | €1,725 | +€179 | +11.6% |
| Total equity and liabilities | 10/49 | €977,389 | €940,168 | -€37,222 | -3.8% |
| Equity | 10/15 | €973,113 | €937,145 | -€35,968 | -3.7% |
| Contributions | 10/11 | €2,020,000 | €2,020,000 | = | 0.0% |
| Reserves | 13 | €911,505 | €911,505 | = | 0.0% |
| Distributable reserves | 133 | €911,505 | €911,505 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,958,391 | -€1,994,359 | -€35,968 | -1.8% |
| Amounts payable | 17/49 | €4,276 | €3,022 | -€1,254 | -29.3% |
| Amounts payable within one year | 42/48 | €4,276 | €1,522 | -€2,754 | -64.4% |
| Trade debts | 44 | €4,065 | €1,119 | -€2,946 | -72.5% |
| Suppliers | 440/4 | €4,065 | €1,119 | -€2,946 | -72.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €211 | €403 | +€192 | +90.8% |
| Taxes | 450/3 | €211 | €403 | +€192 | +90.8% |
| Accrued charges and deferred income | 492/3 | €0 | €1,500 | +€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,920 | €15,920 | = | 0.0% |
| Other operating charges | 640/8 | €797 | €201,844 | +€201,047 | +25217.6% |
| Gross operating margin | 9900 | -€18,319 | -€36,627 | -€18,309 | -99.9% |
| Operating profit (loss) | 9901 | -€35,036 | -€254,392 | -€219,356 | -626.1% |
| Financial income | 75/76B | €28,844 | €62,685 | +€33,841 | +117.3% |
| Recurring financial income | 75 | €28,844 | €62,685 | +€33,841 | +117.3% |
| Financial charges | 65/66B | -€12,461 | -€159,438 | -€146,976 | -1179.5% |
| Recurring financial charges | 65 | -€12,461 | -€159,438 | -€146,976 | -1179.5% |
| Profit (loss) for the period before taxes | 9903 | €6,269 | -€32,269 | -€38,539 | |
| Income taxes | 67/77 | €212 | €3,698 | +€3,486 | +1643.4% |
| Profit (loss) for the period | 9904 | €6,057 | -€35,968 | -€42,025 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,057 | -€35,968 | -€42,025 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.