HEKATHO: 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.
HEKATHO
Largest movements
- Cash -€14,163
down €14,163 (-78.8%), from €17,976 to €3,814
mainly Other debts (-€26,500) and Receivables within one year (-€12,000)
- Receivables within one year +€12,000
new in 2025: €12,000
- Tangible fixed assets -€8,089
down €8,089 (-2.8%), from €284,850 to €276,761
- Other debts -€26,500
down €26,500 (-5.0%), from €534,958 to €508,458
- Profit (loss) carried forward +€12,013
up €12,013 (+16.5%), from -€72,725 to -€60,713
- Other operating charges +€1,029
up €1,029 (+33.7%), from €3,051 to €4,080
- Financial charges +€525
up €525 (+9.9%), from €5,309 to €5,834
- Gross operating margin +€506
up €506 (+1.7%), from €29,441 to €29,947
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 | €567,826 | €557,643 | -€10,183 | -1.8% |
| Fixed assets | 21/28 | €284,850 | €276,761 | -€8,089 | -2.8% |
| Tangible fixed assets | 22/27 | €284,850 | €276,761 | -€8,089 | -2.8% |
| Land and buildings | 22 | €284,850 | €276,761 | -€8,089 | -2.8% |
| Current assets | 29/58 | €282,976 | €280,882 | -€2,094 | -0.7% |
| Stocks and contracts in progress | 3 | €265,000 | €265,000 | = | 0.0% |
| Stocks | 30/36 | €265,000 | €265,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €12,000 | +€12,000 | |
| Other amounts receivable | 41 | - | €12,000 | +€12,000 | |
| Cash at bank and in hand | 54/58 | €17,976 | €3,814 | -€14,163 | -78.8% |
| Deferred charges and accrued income | 490/1 | - | €68 | +€68 | |
| Total equity and liabilities | 10/49 | €567,826 | €557,643 | -€10,183 | -1.8% |
| Equity | 10/15 | €2,275 | €14,287 | +€12,013 | +528.1% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,725 | -€60,713 | +€12,013 | +16.5% |
| Amounts payable | 17/49 | €565,552 | €543,356 | -€22,196 | -3.9% |
| Amounts payable within one year | 42/48 | €535,328 | €508,828 | -€26,500 | -5.0% |
| Trade debts | 44 | €370 | €370 | = | 0.0% |
| Suppliers | 440/4 | €370 | €370 | = | 0.0% |
| Other amounts payable | 47/48 | €534,958 | €508,458 | -€26,500 | -5.0% |
| Accrued charges and deferred income | 492/3 | €30,224 | €34,528 | +€4,304 | +14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,089 | €8,089 | = | 0.0% |
| Other operating charges | 640/8 | €3,051 | €4,080 | +€1,029 | +33.7% |
| Gross operating margin | 9900 | €29,441 | €29,947 | +€506 | +1.7% |
| Operating profit (loss) | 9901 | €18,301 | €17,778 | -€522 | -2.9% |
| Financial income | 75/76B | - | €68 | +€68 | |
| Recurring financial income | 75 | - | €68 | +€68 | |
| Financial charges | 65/66B | €5,309 | €5,834 | +€525 | +9.9% |
| Recurring financial charges | 65 | €5,309 | €5,834 | +€525 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €12,991 | €12,013 | -€979 | -7.5% |
| Profit (loss) for the period | 9904 | €12,991 | €12,013 | -€979 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,991 | €12,013 | -€979 | -7.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.