HESPERIDE: what changed
Two fiscal 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.
HESPERIDE
Largest movements
- Cash +€50,360
up €50,360 (+346.5%), from €14,532 to €64,892
mainly Net result for the year (+€45,479) and Tax, wage and social debts (+€13,267)
- Financial fixed assets +€7,500
new in 2025: €7,500
- Receivables within one year +€3,196
up €3,196 (+6.0%), from €53,517 to €56,714
of which Other amounts receivable: +€30,228
- Reserves +€45,479
up €45,479 (+122.3%), from €37,185 to €82,664
- Tax, wage and social debts +€13,267
up €13,267 (+69.8%), from €19,013 to €32,280
- Trade debts +€10,185
up €10,185 (+238.8%), from €4,265 to €14,449
- Advances received -€7,442
no longer reported in 2025 (was €7,442)
- Other operating charges -€12,756
down €12,756 (-86.4%), from €14,762 to €2,006
- Taxes +€3,576
up €3,576 (+28.2%), from €12,689 to €16,266
- Financial income +€1,492
up €1,492 (+336.4%), from €443 to €1,935
- Gross operating margin -€1,401
down €1,401 (-2.2%), from €64,274 to €62,873
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.
Cash bridge derived
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 | €69,904 | €131,793 | +€61,889 | +88.5% |
| Fixed assets | 21/28 | €1,855 | €8,977 | +€7,123 | +384.1% |
| Tangible fixed assets | 22/27 | €1,855 | €1,477 | -€377 | -20.3% |
| Plant, machinery and equipment | 23 | €1,855 | €1,477 | -€377 | -20.3% |
| Financial fixed assets | 28 | - | €7,500 | +€7,500 | |
| Current assets | 29/58 | €68,049 | €122,815 | +€54,766 | +80.5% |
| Amounts receivable within one year | 40/41 | €53,517 | €56,714 | +€3,196 | +6.0% |
| Trade receivables | 40 | €47,016 | €19,984 | -€27,031 | -57.5% |
| Other amounts receivable | 41 | €6,502 | €36,729 | +€30,228 | +464.9% |
| Cash at bank and in hand | 54/58 | €14,532 | €64,892 | +€50,360 | +346.5% |
| Deferred charges and accrued income | 490/1 | - | €1,210 | +€1,210 | |
| Total equity and liabilities | 10/49 | €69,904 | €131,793 | +€61,889 | +88.5% |
| Equity | 10/15 | €39,185 | €84,664 | +€45,479 | +116.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €37,185 | €82,664 | +€45,479 | +122.3% |
| Distributable reserves | 133 | €37,185 | €82,664 | +€45,479 | +122.3% |
| Amounts payable | 17/49 | €30,719 | €47,129 | +€16,410 | +53.4% |
| Amounts payable within one year | 42/48 | €30,719 | €46,729 | +€16,010 | +52.1% |
| Trade debts | 44 | €4,265 | €14,449 | +€10,185 | +238.8% |
| Suppliers | 440/4 | €4,265 | €14,449 | +€10,185 | +238.8% |
| Advances received on contracts in progress | 46 | €7,442 | - | -€7,442 | |
| Taxes, remuneration and social security | 45 | €19,013 | €32,280 | +€13,267 | +69.8% |
| Taxes | 450/3 | €19,013 | €32,280 | +€13,267 | +69.8% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31 | €377 | +€346 | +1120.0% |
| Other operating charges | 640/8 | €14,762 | €2,006 | -€12,756 | -86.4% |
| Gross operating margin | 9900 | €64,274 | €62,873 | -€1,401 | -2.2% |
| Operating profit (loss) | 9901 | €49,481 | €60,490 | +€11,009 | +22.2% |
| Financial income | 75/76B | €443 | €1,935 | +€1,492 | +336.4% |
| Recurring financial income | 75 | €443 | €1,935 | +€1,492 | +336.4% |
| Financial charges | 65/66B | €50 | €681 | +€630 | +1254.4% |
| Recurring financial charges | 65 | €50 | €681 | +€630 | +1254.4% |
| Profit (loss) for the period before taxes | 9903 | €49,874 | €61,744 | +€11,870 | +23.8% |
| Income taxes | 67/77 | €12,689 | €16,266 | +€3,576 | +28.2% |
| Profit (loss) for the period | 9904 | €37,185 | €45,479 | +€8,294 | +22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €37,185 | €45,479 | +€8,294 | +22.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.