Hektaar: 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.
Hektaar
Largest movements
- Tangible fixed assets +€12,397
up €12,397 (+30.4%), from €40,748 to €53,145
of which Land and buildings: +€9,837
- Cash -€7,940
down €7,940 (-88.8%), from €8,941 to €1,001
mainly Investment in fixed assets (net) (-€18,368) and Other debts (-€2,319)
- Intangible fixed assets -€1,216
down €1,216 (-29.4%), from €4,135 to €2,919
- Receivables within one year -€712
down €712 (-19.3%), from €3,693 to €2,981
of which Trade receivables: -€3,444
- Profit (loss) carried forward +€3,330
up €3,330 (+18.1%), from €18,368 to €21,698
- Other debts -€2,319
down €2,319 (-8.9%), from €26,031 to €23,712
- Accrued charges and deferred income +€1,491
up €1,491 (+103%), from €1,450 to €2,941
- Gross operating margin -€14,293
down €14,293 (-45.9%), from €31,112 to €16,819
- Taxes -€3,062
down €3,062 (-63.4%), from €4,830 to €1,768
- Financial charges +€1,612
up €1,612 (+600%), from €269 to €1,880
- Write-downs +€793
new in 2025: €793
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 | €57,570 | €60,127 | +€2,557 | +4.4% |
| Fixed assets | 21/28 | €44,883 | €56,064 | +€11,181 | +24.9% |
| Intangible fixed assets | 21 | €4,135 | €2,919 | -€1,216 | -29.4% |
| Tangible fixed assets | 22/27 | €40,748 | €53,145 | +€12,397 | +30.4% |
| Land and buildings | 22 | €37,076 | €46,913 | +€9,837 | +26.5% |
| Plant, machinery and equipment | 23 | - | €1,571 | +€1,571 | |
| Furniture and vehicles | 24 | €3,672 | €4,661 | +€989 | +26.9% |
| Current assets | 29/58 | €12,687 | €4,063 | -€8,624 | -68.0% |
| Amounts receivable within one year | 40/41 | €3,693 | €2,981 | -€712 | -19.3% |
| Trade receivables | 40 | €3,693 | €249 | -€3,444 | -93.3% |
| Other amounts receivable | 41 | - | €2,732 | +€2,732 | |
| Cash at bank and in hand | 54/58 | €8,941 | €1,001 | -€7,940 | -88.8% |
| Deferred charges and accrued income | 490/1 | €53 | €81 | +€28 | +53.5% |
| Total equity and liabilities | 10/49 | €57,570 | €60,127 | +€2,557 | +4.4% |
| Equity | 10/15 | €23,368 | €26,698 | +€3,330 | +14.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,368 | €21,698 | +€3,330 | +18.1% |
| Amounts payable | 17/49 | €34,203 | €33,429 | -€774 | -2.3% |
| Amounts payable within one year | 42/48 | €32,753 | €30,488 | -€2,265 | -6.9% |
| Trade debts | 44 | €319 | €346 | +€27 | +8.4% |
| Suppliers | 440/4 | €319 | €346 | +€27 | +8.4% |
| Taxes, remuneration and social security | 45 | €6,402 | €6,429 | +€28 | +0.4% |
| Taxes | 450/3 | €6,402 | €6,429 | +€28 | +0.4% |
| Other amounts payable | 47/48 | €26,031 | €23,712 | -€2,319 | -8.9% |
| Accrued charges and deferred income | 492/3 | €1,450 | €2,941 | +€1,491 | +103% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,418 | €7,187 | -€231 | -3.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €793 | +€793 | |
| Other operating charges | 640/8 | €227 | €194 | -€33 | -14.7% |
| Gross operating margin | 9900 | €31,112 | €16,819 | -€14,293 | -45.9% |
| Operating profit (loss) | 9901 | €23,467 | €8,645 | -€14,822 | -63.2% |
| Financial charges | 65/66B | €269 | €1,880 | +€1,612 | +600% |
| Recurring financial charges | 65 | €269 | €1,880 | +€1,612 | +600% |
| Profit (loss) for the period before taxes | 9903 | €23,198 | €6,764 | -€16,434 | -70.8% |
| Income taxes | 67/77 | €4,830 | €1,768 | -€3,062 | -63.4% |
| Profit (loss) for the period | 9904 | €18,368 | €4,996 | -€13,371 | -72.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,368 | €4,996 | -€13,371 | -72.8% |
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 14 October 2026 via checked.be.