HEPATOGASTRO: 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.
HEPATOGASTRO
Largest movements
- Tangible fixed assets -€271,127
down €271,127 (-86.5%), from €313,548 to €42,421
of which Land and buildings: -€249,131
- Receivables within one year +€61,665
up €61,665 (+95.7%), from €64,434 to €126,099
of which Other amounts receivable: +€56,019
- Cash -€23,794
down €23,794 (-50.1%), from €47,460 to €23,667
mainly Other debts (-€260,108) and Debts after one year (-€134,000)
- Other debts -€260,108
no longer reported in 2025 (was €260,108)
- Profit (loss) carried forward +€135,752
up €135,752 (+82.9%), from -€163,841 to -€28,090
- Debts after one year -€134,000
no longer reported in 2025 (was €134,000)
- Tax, wage and social debts +€30,999
up €30,999 (+432%), from €7,175 to €38,173
of which Taxes: +€32,390
- Trade debts -€8,010
down €8,010 (-65.0%), from €12,313 to €4,304
- Gross operating margin -€19,825
down €19,825 (-17.4%), from €114,223 to €94,398
- Taxes -€14,074
down €14,074 (-59.8%), from €23,521 to €9,447
- Depreciation -€9,403
down €9,403 (-33.9%), from €27,726 to €18,322
- Financial charges -€5,827
down €5,827 (-91.3%), from €6,385 to €558
- Other operating charges -€1,242
down €1,242 (-43.6%), from €2,846 to €1,604
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 | €544,689 | €313,553 | -€231,136 | -42.4% |
| Fixed assets | 21/28 | €313,548 | €42,421 | -€271,127 | -86.5% |
| Tangible fixed assets | 22/27 | €313,548 | €42,421 | -€271,127 | -86.5% |
| Land and buildings | 22 | €249,131 | - | -€249,131 | |
| Plant, machinery and equipment | 23 | €24,418 | €12,698 | -€11,720 | -48.0% |
| Furniture and vehicles | 24 | €39,999 | €29,723 | -€10,276 | -25.7% |
| Current assets | 29/58 | €231,140 | €271,132 | +€39,991 | +17.3% |
| Amounts receivable after more than one year | 29 | €105,066 | €105,066 | = | 0.0% |
| Other amounts receivable | 291 | €105,066 | €105,066 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €64,434 | €126,099 | +€61,665 | +95.7% |
| Trade receivables | 40 | €49,622 | €55,268 | +€5,646 | +11.4% |
| Other amounts receivable | 41 | €14,812 | €70,832 | +€56,019 | +378% |
| Cash at bank and in hand | 54/58 | €47,460 | €23,667 | -€23,794 | -50.1% |
| Deferred charges and accrued income | 490/1 | €14,180 | €16,300 | +€2,120 | +14.9% |
| Total equity and liabilities | 10/49 | €544,689 | €313,553 | -€231,136 | -42.4% |
| Equity | 10/15 | €129,696 | €265,448 | +€135,752 | +105% |
| Contributions | 10/11 | €12,605 | €12,605 | = | 0.0% |
| Reserves | 13 | €280,933 | €280,933 | = | 0.0% |
| Distributable reserves | 133 | €280,933 | €280,933 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€163,841 | -€28,090 | +€135,752 | +82.9% |
| Amounts payable | 17/49 | €414,992 | €48,105 | -€366,888 | -88.4% |
| Amounts payable after more than one year | 17 | €134,000 | - | -€134,000 | |
| Trade debts | 175 | €134,000 | - | -€134,000 | |
| Amounts payable within one year | 42/48 | €279,596 | €45,862 | -€233,735 | -83.6% |
| Current portion of amounts payable after more than one year | 42 | - | €3,385 | +€3,385 | |
| Trade debts | 44 | €12,313 | €4,304 | -€8,010 | -65.0% |
| Suppliers | 440/4 | €12,313 | €4,304 | -€8,010 | -65.0% |
| Taxes, remuneration and social security | 45 | €7,175 | €38,173 | +€30,999 | +432% |
| Taxes | 450/3 | €4,527 | €36,918 | +€32,390 | +715% |
| Remuneration and social security | 454/9 | €2,647 | €1,256 | -€1,392 | -52.6% |
| Other amounts payable | 47/48 | €260,108 | - | -€260,108 | |
| Accrued charges and deferred income | 492/3 | €1,396 | €2,243 | +€847 | +60.7% |
| Remuneration, social security and pensions | 62 | €8,931 | €9,108 | +€177 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,726 | €18,322 | -€9,403 | -33.9% |
| Other operating charges | 640/8 | €2,846 | €1,604 | -€1,242 | -43.6% |
| Non-recurring operating charges | 66A | - | €174 | +€174 | |
| Gross operating margin | 9900 | €114,223 | €94,398 | -€19,825 | -17.4% |
| Operating profit (loss) | 9901 | €74,720 | €65,188 | -€9,532 | -12.8% |
| Financial income | 75/76B | €460 | €46 | -€414 | -90.1% |
| Recurring financial income | 75 | €133 | €46 | -€88 | -65.8% |
| Non-recurring financial income | 76B | €326 | - | -€326 | |
| Financial charges | 65/66B | €6,385 | €558 | -€5,827 | -91.3% |
| Recurring financial charges | 65 | €6,385 | €558 | -€5,827 | -91.3% |
| Profit (loss) for the period before taxes | 9903 | €68,795 | €64,676 | -€4,119 | -6.0% |
| Income taxes | 67/77 | €23,521 | €9,447 | -€14,074 | -59.8% |
| Profit (loss) for the period | 9904 | €45,274 | €55,229 | +€9,955 | +22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €45,274 | €55,229 | +€9,955 | +22.0% |
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 29 October 2026 via checked.be.