HEKBOUW: 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.
HEKBOUW
Largest movements
- Tangible fixed assets -€4,914
down €4,914 (-40.0%), from €12,285 to €7,371
- Cash +€489
up €489 (+3.6%), from €13,650 to €14,138
mainly Net result for the year (+€7,916) and Depreciation (+€4,914)
- Debts within one year -€12,238
down €12,238 (-23.9%), from €51,123 to €38,885
- Profit (loss) carried forward +€7,916
up €7,916 (+20.8%), from -€38,118 to -€30,201
- Staff costs +€50,052
new in 2021: €50,052
- Gross operating margin +€13,404
up €13,404 (+26.7%), from €50,168 to €63,572
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,598 | €22,276 | -€4,322 | -16.3% |
| Fixed assets | 21/28 | €12,285 | €7,371 | -€4,914 | -40.0% |
| Tangible fixed assets | 22/27 | €12,285 | €7,371 | -€4,914 | -40.0% |
| Plant, machinery and equipment | 23 | - | €7,371 | +€7,371 | |
| Current assets | 29/58 | €14,313 | €14,905 | +€592 | +4.1% |
| Amounts receivable within one year | 40/41 | €664 | €766 | +€103 | +15.5% |
| Other amounts receivable | 41 | - | €766 | +€766 | |
| Cash at bank and in hand | 54/58 | €13,650 | €14,138 | +€489 | +3.6% |
| Total equity and liabilities | 10/49 | €26,598 | €22,276 | -€4,322 | -16.3% |
| Equity | 10/15 | -€24,525 | -€16,609 | +€7,916 | +32.3% |
| Reserves | 13 | €13,593 | €13,593 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €6,272 | +€6,272 | |
| Legal reserve | 130 | - | €6,272 | +€6,272 | |
| Distributable reserves | 133 | - | €7,321 | +€7,321 | |
| Profit (loss) carried forward | 14 | -€38,118 | -€30,201 | +€7,916 | +20.8% |
| Amounts payable | 17/49 | €51,123 | €38,885 | -€12,238 | -23.9% |
| Amounts payable within one year | 42/48 | €51,123 | €38,885 | -€12,238 | -23.9% |
| Trade debts | 44 | €780 | €867 | +€87 | +11.1% |
| Suppliers | 440/4 | - | €867 | +€867 | |
| Other amounts payable | 47/48 | - | €38,018 | +€38,018 | |
| Remuneration, social security and pensions | 62 | - | €50,052 | +€50,052 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,914 | €4,914 | = | 0.0% |
| Other operating charges | 640/8 | - | €66 | +€66 | |
| Gross operating margin | 9900 | €50,168 | €63,572 | +€13,404 | +26.7% |
| Operating profit (loss) | 9901 | -€8,288 | €8,540 | +€16,827 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | - | €625 | +€625 | |
| Recurring financial charges | 65 | €666 | €625 | -€42 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,954 | €7,916 | +€16,870 | |
| Profit (loss) for the period | 9904 | -€8,954 | €7,916 | +€16,870 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,954 | €7,916 | +€16,870 |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.