HEJO HOLDING: 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.
HEJO HOLDING
Largest movements
- Cash -€36,837
down €36,837 (-59.5%), from €61,904 to €25,067
mainly Other debts (-€50,649) and Accrued charges and deferred income (-€9,749)
- Tangible fixed assets -€8,056
down €8,056 (-7.3%), from €110,054 to €101,998
- Receivables within one year -€2,231
down €2,231 (-9.7%), from €22,992 to €20,761
of which Other amounts receivable: -€2,512
- Other debts -€50,649
down €50,649 (-35.4%), from €143,012 to €92,363
- Profit (loss) carried forward +€13,785
up €13,785 (+58.6%), from €23,540 to €37,325
- Accrued charges and deferred income -€9,749
down €9,749 (-100%), from €9,749 to €0
- Financial charges -€9,739
down €9,739 (-99.4%), from €9,801 to €62
- Financial income -€9,533
down €9,533 (-99.9%), from €9,541 to €8
of which Non-recurring financial income: -€9,500
- Gross operating margin +€4,742
up €4,742 (+23.3%), from €20,360 to €25,102
- Taxes +€2,639
new in 2025: €2,639
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.
Derived cash bridge
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 | €194,950 | €147,825 | -€47,125 | -24.2% |
| Fixed assets | 21/28 | €110,054 | €101,998 | -€8,056 | -7.3% |
| Tangible fixed assets | 22/27 | €110,054 | €101,998 | -€8,056 | -7.3% |
| Land and buildings | 22 | €110,054 | €101,998 | -€8,056 | -7.3% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €84,897 | €45,828 | -€39,069 | -46.0% |
| Amounts receivable within one year | 40/41 | €22,992 | €20,761 | -€2,231 | -9.7% |
| Trade receivables | 40 | €20,480 | €20,761 | +€281 | +1.4% |
| Other amounts receivable | 41 | €2,512 | €0 | -€2,512 | -100% |
| Cash at bank and in hand | 54/58 | €61,904 | €25,067 | -€36,837 | -59.5% |
| Total equity and liabilities | 10/49 | €194,950 | €147,825 | -€47,125 | -24.2% |
| Equity | 10/15 | €41,540 | €55,326 | +€13,786 | +33.2% |
| Contributions | 10/11 | €15,882 | €15,882 | +€0 | 0.0% |
| Reserves | 13 | €2,118 | €2,118 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €2,118 | €2,118 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,540 | €37,325 | +€13,785 | +58.6% |
| Amounts payable | 17/49 | €153,410 | €92,500 | -€60,910 | -39.7% |
| Amounts payable within one year | 42/48 | €143,661 | €92,500 | -€51,161 | -35.6% |
| Taxes, remuneration and social security | 45 | €649 | €137 | -€512 | -78.9% |
| Taxes | 450/3 | €649 | €137 | -€512 | -78.9% |
| Other amounts payable | 47/48 | €143,012 | €92,363 | -€50,649 | -35.4% |
| Accrued charges and deferred income | 492/3 | €9,749 | €0 | -€9,749 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,071 | €8,056 | -€15 | -0.2% |
| Other operating charges | 640/8 | €623 | €567 | -€56 | -9.0% |
| Gross operating margin | 9900 | €20,360 | €25,102 | +€4,742 | +23.3% |
| Operating profit (loss) | 9901 | €11,665 | €16,479 | +€4,814 | +41.3% |
| Financial income | 75/76B | €9,541 | €8 | -€9,533 | -99.9% |
| Recurring financial income | 75 | €41 | €8 | -€33 | -81.3% |
| Non-recurring financial income | 76B | €9,500 | €0 | -€9,500 | -100% |
| Financial charges | 65/66B | €9,801 | €62 | -€9,739 | -99.4% |
| Recurring financial charges | 65 | €9,801 | €62 | -€9,739 | -99.4% |
| Profit (loss) for the period before taxes | 9903 | €11,405 | €16,425 | +€5,020 | +44.0% |
| Income taxes | 67/77 | - | €2,639 | +€2,639 | |
| Profit (loss) for the period | 9904 | €11,405 | €13,785 | +€2,380 | +20.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,405 | €13,785 | +€2,380 | +20.9% |
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 18 October 2026 via checked.be.