HEJO: what changed
What changed
HEJO
NACE 43.332, Laying of wooden floor and wall coverings
filed annual accounts (NBB)
Net result for the year
€7,669
2024 · €60,493-€52,825
Equity
€1.2m
2024 · €212,394+€980,025
Cash
€91,216
2024 · €123,016-€31,800
Balance sheet total
€1.3m
2024 · €425,306+€880,008
Largest movements
Assets
- Tangible fixed assets +€943,331
up €943,331 (+683%), from €138,136 to €1.1m
of which Land and buildings: +€964,791
- Cash -€31,800
down €31,800 (-25.9%), from €123,016 to €91,216
mainly Investment in fixed assets (net) (-€983,824) and Trade debts (-€39,697)
- Stocks and contracts -€26,148
down €26,148 (-36.3%), from €72,013 to €45,865
Equity and liabilities
- Revaluation surpluses +€972,357
new in 2025: €972,357
- Trade debts -€39,697
down €39,697 (-49.8%), from €79,773 to €40,076
- Advances received -€34,075
down €34,075 (-98.6%), from €34,575 to €500
- Debts after one year -€19,200
down €19,200 (-53.8%), from €35,709 to €16,509
Income statement
- Gross operating margin -€74,906
down €74,906 (-22.0%), from €340,933 to €266,028
- Taxes -€15,128
down €15,128 (-83.1%), from €18,212 to €3,085
- Staff costs -€13,534
down €13,534 (-6.1%), from €221,245 to €207,711
- Financial income -€8,993
down €8,993 (-74.2%), from €12,112 to €3,119
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€60,493
Gross operating margin
-€74,906
Staff costs
+€13,534
Depreciation
-€1,868
Other operating charges
+€2,986
Financial income
-€8,993
Financial charges
+€1,295
Taxes
+€15,128
Result 2025
€7,669
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€212
Investment
-€983,824
Financing
+€952,236
Cash 2024
€123,016
From operations (derived)
-€212
Net result for the year
+€7,669
Depreciation
+€40,493
Stocks and contracts
+€26,148
Receivables within one year
+€5,375
Trade debts
-€39,697
Tax, wage and social debts
-€6,125
Advances received
-€34,075
Investment (derived)
-€983,824
Investment in fixed assets (net)
-€983,824
Financing
+€952,236
Debts after one year
-€19,200
Current portion of long-term debt
-€921
Contributions, distributions and other
+€972,357
Cash 2025
€91,216
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €425,306 | €1,305,314 | +€880,008 | +207% |
| Fixed assets | 21/28 | €138,662 | €1,081,993 | +€943,331 | +680% |
| Tangible fixed assets | 22/27 | €138,136 | €1,081,467 | +€943,331 | +683% |
| Land and buildings | 22 | €50,749 | €1,015,540 | +€964,791 | +1,901% |
| Plant, machinery and equipment | 23 | €2,682 | €4,944 | +€2,261 | +84.3% |
| Furniture and vehicles | 24 | €84,705 | €60,983 | -€23,722 | -28.0% |
| Financial fixed assets | 28 | €526 | €526 | = | 0.0% |
| Current assets | 29/58 | €286,644 | €223,321 | -€63,323 | -22.1% |
| Stocks and contracts in progress | 3 | €72,013 | €45,865 | -€26,148 | -36.3% |
| Stocks | 30/36 | €72,013 | €45,865 | -€26,148 | -36.3% |
| Amounts receivable within one year | 40/41 | €62,715 | €57,339 | -€5,375 | -8.6% |
| Trade receivables | 40 | €31,275 | €32,414 | +€1,139 | +3.6% |
| Other amounts receivable | 41 | €31,439 | €24,925 | -€6,514 | -20.7% |
| Current investments | 50/53 | €28,901 | €28,901 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €123,016 | €91,216 | -€31,800 | -25.9% |
| Total equity and liabilities | 10/49 | €425,306 | €1,305,314 | +€880,008 | +207% |
| Equity | 10/15 | €212,394 | €1,192,420 | +€980,025 | +461% |
| Contributions | 10/11 | €33,466 | €33,466 | = | 0.0% |
| Revaluation surpluses | 12 | - | €972,357 | +€972,357 | |
| Reserves | 13 | €66,097 | €66,097 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,347 | €3,347 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,347 | €3,347 | = | 0.0% |
| Tax-exempt reserves | 132 | €32,750 | €32,750 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €112,832 | €120,501 | +€7,669 | +6.8% |
| Amounts payable | 17/49 | €212,912 | €112,894 | -€100,018 | -47.0% |
| Amounts payable after more than one year | 17 | €35,709 | €16,509 | -€19,200 | -53.8% |
| Financial debts | 170/4 | €35,709 | €16,509 | -€19,200 | -53.8% |
| Amounts payable within one year | 42/48 | €177,203 | €96,386 | -€80,818 | -45.6% |
| Current portion of amounts payable after more than one year | 42 | €20,121 | €19,200 | -€921 | -4.6% |
| Trade debts | 44 | €79,773 | €40,076 | -€39,697 | -49.8% |
| Suppliers | 440/4 | €79,773 | €40,076 | -€39,697 | -49.8% |
| Advances received on contracts in progress | 46 | €34,575 | €500 | -€34,075 | -98.6% |
| Taxes, remuneration and social security | 45 | €42,734 | €36,609 | -€6,125 | -14.3% |
| Taxes | 450/3 | €20,698 | €20,746 | +€47 | +0.2% |
| Remuneration and social security | 454/9 | €22,036 | €15,864 | -€6,172 | -28.0% |
| Non-recurring operating income | 76A | €9,982 | - | -€9,982 | |
| Remuneration, social security and pensions | 62 | €221,245 | €207,711 | -€13,534 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,625 | €40,493 | +€1,868 | +4.8% |
| Other operating charges | 640/8 | €10,527 | €7,542 | -€2,986 | -28.4% |
| Gross operating margin | 9900 | €340,933 | €266,028 | -€74,906 | -22.0% |
| Operating profit (loss) | 9901 | €70,535 | €10,282 | -€60,254 | -85.4% |
| Financial income | 75/76B | €12,112 | €3,119 | -€8,993 | -74.2% |
| Recurring financial income | 75 | €12,112 | €3,119 | -€8,993 | -74.2% |
| Financial charges | 65/66B | €3,942 | €2,647 | -€1,295 | -32.8% |
| Recurring financial charges | 65 | €3,942 | €2,647 | -€1,295 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | €78,706 | €10,753 | -€67,952 | -86.3% |
| Income taxes | 67/77 | €18,212 | €3,085 | -€15,128 | -83.1% |
| Profit (loss) for the period | 9904 | €60,493 | €7,669 | -€52,825 | -87.3% |
| Profit (loss) for the period to be appropriated | 9905 | €60,493 | €7,669 | -€52,825 | -87.3% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.