HESBY TECHNICS: 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.
HESBY TECHNICS
Largest movements
- Cash +€161,030
up €161,030 (+213%), from €75,471 to €236,501
mainly Net result for the year (+€110,473) and Receivables within one year (+€25,598)
- Receivables within one year -€25,598
down €25,598 (-44.0%), from €58,239 to €32,640
of which Trade receivables: -€24,423
- Tangible fixed assets +€14,502
up €14,502 (+191%), from €7,608 to €22,110
of which Furniture and vehicles: +€15,427
- Reserves +€110,473
up €110,473 (+97.1%), from €113,756 to €224,228
- Tax, wage and social debts +€23,095
up €23,095 (+155%), from €14,898 to €37,993
- Debts after one year +€10,719
up €10,719 (+253%), from €4,234 to €14,954
- Trade debts +€5,853
up €5,853 (+2,618%), from €224 to €6,077
- Current portion of long-term debt +€5,227
up €5,227 (+93.5%), from €5,589 to €10,816
- Gross operating margin +€81,038
up €81,038 (+110%), from €73,779 to €154,817
- Taxes +€16,957
up €16,957 (+128%), from €13,266 to €30,222
- Depreciation +€5,800
up €5,800 (+86.9%), from €6,671 to €12,470
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 | €150,322 | €301,206 | +€150,884 | +100% |
| Fixed assets | 21/28 | €7,907 | €22,309 | +€14,402 | +182% |
| Intangible fixed assets | 21 | €300 | €200 | -€100 | -33.4% |
| Tangible fixed assets | 22/27 | €7,608 | €22,110 | +€14,502 | +191% |
| Plant, machinery and equipment | 23 | €1,580 | €655 | -€925 | -58.5% |
| Furniture and vehicles | 24 | €6,028 | €21,455 | +€15,427 | +256% |
| Current assets | 29/58 | €142,414 | €278,896 | +€136,482 | +95.8% |
| Stocks and contracts in progress | 3 | €8,501 | €8,603 | +€102 | +1.2% |
| Stocks | 30/36 | €8,501 | €8,603 | +€102 | +1.2% |
| Amounts receivable within one year | 40/41 | €58,239 | €32,640 | -€25,598 | -44.0% |
| Trade receivables | 40 | €57,063 | €32,640 | -€24,423 | -42.8% |
| Other amounts receivable | 41 | €1,176 | - | -€1,176 | |
| Cash at bank and in hand | 54/58 | €75,471 | €236,501 | +€161,030 | +213% |
| Deferred charges and accrued income | 490/1 | €204 | €1,152 | +€948 | +464% |
| Total equity and liabilities | 10/49 | €150,322 | €301,206 | +€150,884 | +100% |
| Equity | 10/15 | €116,756 | €227,228 | +€110,473 | +94.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €113,756 | €224,228 | +€110,473 | +97.1% |
| Distributable reserves | 133 | €113,756 | €224,228 | +€110,473 | +97.1% |
| Amounts payable | 17/49 | €33,566 | €73,977 | +€40,411 | +120% |
| Amounts payable after more than one year | 17 | €4,234 | €14,954 | +€10,719 | +253% |
| Financial debts | 170/4 | €4,234 | €14,954 | +€10,719 | +253% |
| Amounts payable within one year | 42/48 | €29,331 | €59,024 | +€29,692 | +101% |
| Current portion of amounts payable after more than one year | 42 | €5,589 | €10,816 | +€5,227 | +93.5% |
| Trade debts | 44 | €224 | €6,077 | +€5,853 | +2,618% |
| Suppliers | 440/4 | €224 | €6,077 | +€5,853 | +2,618% |
| Taxes, remuneration and social security | 45 | €14,898 | €37,993 | +€23,095 | +155% |
| Taxes | 450/3 | €14,898 | €37,993 | +€23,095 | +155% |
| Other amounts payable | 47/48 | €8,621 | €4,137 | -€4,484 | -52.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,671 | €12,470 | +€5,800 | +86.9% |
| Other operating charges | 640/8 | €853 | €763 | -€90 | -10.6% |
| Gross operating margin | 9900 | €73,779 | €154,817 | +€81,038 | +110% |
| Operating profit (loss) | 9901 | €66,255 | €141,584 | +€75,329 | +114% |
| Financial income | 75/76B | €55 | €0 | -€55 | -100.0% |
| Recurring financial income | 75 | €55 | €0 | -€55 | -100.0% |
| Financial charges | 65/66B | €286 | €889 | +€603 | +211% |
| Recurring financial charges | 65 | €286 | €889 | +€603 | +211% |
| Profit (loss) for the period before taxes | 9903 | €66,024 | €140,695 | +€74,671 | +113% |
| Income taxes | 67/77 | €13,266 | €30,222 | +€16,957 | +128% |
| Profit (loss) for the period | 9904 | €52,758 | €110,473 | +€57,715 | +109% |
| Profit (loss) for the period to be appropriated | 9905 | €52,758 | €110,473 | +€57,715 | +109% |
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 17 October 2026 via checked.be.