HESBYMA: 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.
HESBYMA
Largest movements
- Cash +€78,697
up €78,697 (+98.3%), from €80,032 to €158,730
mainly Net result for the year (+€78,555) and Other debts (+€18,335)
- Intangible fixed assets -€17,620
no longer reported in 2025 (was €17,620)
- Stocks and contracts +€9,005
up €9,005 (+429%), from €2,097 to €11,102
- Receivables within one year +€4,979
up €4,979 (+14.8%), from €33,747 to €38,726
of which Trade receivables: +€4,982
- Reserves +€60,000
up €60,000 (+51.6%), from €116,300 to €176,300
of which Distributable reserves: +€60,000
- Other debts +€18,335
up €18,335 (+108%), from €16,909 to €35,244
- Trade debts -€14,480
down €14,480 (-60.2%), from €24,037 to €9,557
- Tax, wage and social debts +€11,309
up €11,309 (+1,420%), from €796 to €12,105
- Gross operating margin +€94,345
up €94,345 (+430%), from €21,926 to €116,271
- Taxes +€30,747
up €30,747 (+475%), from €6,476 to €37,222
- Depreciation -€2,398
no longer reported in 2025 (was €2,398)
- Other operating charges +€1,710
up €1,710 (+256%), from €668 to €2,378
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 | €188,453 | €263,812 | +€75,359 | +40.0% |
| Fixed assets | 21/28 | €22,204 | €4,572 | -€17,632 | -79.4% |
| Intangible fixed assets | 21 | €17,620 | - | -€17,620 | |
| Financial fixed assets | 28 | €4,584 | €4,572 | -€12 | -0.3% |
| Current assets | 29/58 | €166,249 | €259,240 | +€92,991 | +55.9% |
| Stocks and contracts in progress | 3 | €2,097 | €11,102 | +€9,005 | +429% |
| Stocks | 30/36 | €2,097 | €11,102 | +€9,005 | +429% |
| Amounts receivable within one year | 40/41 | €33,747 | €38,726 | +€4,979 | +14.8% |
| Trade receivables | 40 | €33,153 | €38,135 | +€4,982 | +15.0% |
| Other amounts receivable | 41 | €594 | €591 | -€3 | -0.5% |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €80,032 | €158,730 | +€78,697 | +98.3% |
| Deferred charges and accrued income | 490/1 | €373 | €682 | +€309 | +82.9% |
| Total equity and liabilities | 10/49 | €188,453 | €263,812 | +€75,359 | +40.0% |
| Equity | 10/15 | €146,351 | €206,906 | +€60,555 | +41.4% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €116,300 | €176,300 | +€60,000 | +51.6% |
| Non-distributable reserves | 130/1 | €3,300 | €3,300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,300 | €3,300 | = | 0.0% |
| Distributable reserves | 133 | €113,000 | €173,000 | +€60,000 | +53.1% |
| Profit (loss) carried forward | 14 | €8,051 | €8,606 | +€555 | +6.9% |
| Amounts payable | 17/49 | €42,102 | €56,906 | +€14,804 | +35.2% |
| Amounts payable within one year | 42/48 | €41,742 | €56,906 | +€15,164 | +36.3% |
| Trade debts | 44 | €24,037 | €9,557 | -€14,480 | -60.2% |
| Suppliers | 440/4 | €24,037 | €9,557 | -€14,480 | -60.2% |
| Taxes, remuneration and social security | 45 | €796 | €12,105 | +€11,309 | +1,420% |
| Taxes | 450/3 | €796 | €12,105 | +€11,309 | +1,420% |
| Other amounts payable | 47/48 | €16,909 | €35,244 | +€18,335 | +108% |
| Accrued charges and deferred income | 492/3 | €360 | - | -€360 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,398 | - | -€2,398 | |
| Other operating charges | 640/8 | €668 | €2,378 | +€1,710 | +256% |
| Gross operating margin | 9900 | €21,926 | €116,271 | +€94,345 | +430% |
| Operating profit (loss) | 9901 | €18,860 | €113,894 | +€95,033 | +504% |
| Financial income | 75/76B | €1,283 | €1,980 | +€697 | +54.3% |
| Recurring financial income | 75 | €1,283 | €1,980 | +€697 | +54.3% |
| Financial charges | 65/66B | €66 | €96 | +€30 | +45.8% |
| Recurring financial charges | 65 | €66 | €96 | +€30 | +45.8% |
| Profit (loss) for the period before taxes | 9903 | €20,077 | €115,777 | +€95,700 | +477% |
| Income taxes | 67/77 | €6,476 | €37,222 | +€30,747 | +475% |
| Profit (loss) for the period | 9904 | €13,602 | €78,555 | +€64,953 | +478% |
| Profit (loss) for the period to be appropriated | 9905 | €13,602 | €78,555 | +€64,953 | +478% |
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 24 October 2026 via checked.be.