HESPERIDEN: 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.
HESPERIDEN
Largest movements
- Cash +€770,095
up €770,095 (+3084.9%), from €24,964 to €795,059
mainly Other debts (+€637,503) and Current investments (+€621,448)
- Current investments -€621,448
down €621,448 (-69.7%), from €892,227 to €270,779
- Receivables within one year +€20,328
new in 2025: €20,328
- Profit (loss) carried forward -€640,000
down €640,000 (-86.1%), from €742,917 to €102,917
- Other debts +€637,503
up €637,503 (+6707.3%), from €9,505 to €647,007
- Reserves +€141,283
up €141,283 (+35.0%), from €403,847 to €545,130
of which Distributable reserves: +€141,283
- Tax, wage and social debts +€20,004
up €20,004 (+203.3%), from €9,841 to €29,845
- Financial income +€134,912
up €134,912 (+192.5%), from €70,095 to €205,007
- Financial charges +€14,324
up €14,324 (+615.1%), from €2,329 to €16,652
- Gross operating margin -€13,694
down €13,694 (-19.9%), from €68,929 to €55,235
- Taxes +€3,916
up €3,916 (+17.2%), from €22,828 to €26,745
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 | €1,233,364 | €1,392,271 | +€158,907 | +12.9% |
| Fixed assets | 21/28 | €316,032 | €305,953 | -€10,079 | -3.2% |
| Tangible fixed assets | 22/27 | €216,032 | €205,953 | -€10,079 | -4.7% |
| Land and buildings | 22 | €216,032 | €205,953 | -€10,079 | -4.7% |
| Financial fixed assets | 28 | €100,000 | €100,000 | = | 0.0% |
| Current assets | 29/58 | €917,332 | €1,086,318 | +€168,985 | +18.4% |
| Amounts receivable within one year | 40/41 | - | €20,328 | +€20,328 | |
| Other amounts receivable | 41 | - | €20,328 | +€20,328 | |
| Current investments | 50/53 | €892,227 | €270,779 | -€621,448 | -69.7% |
| Cash at bank and in hand | 54/58 | €24,964 | €795,059 | +€770,095 | +3084.9% |
| Deferred charges and accrued income | 490/1 | €142 | €152 | +€10 | +7.3% |
| Total equity and liabilities | 10/49 | €1,233,364 | €1,392,271 | +€158,907 | +12.9% |
| Equity | 10/15 | €1,212,765 | €714,047 | -€498,717 | -41.1% |
| Contributions | 10/11 | €66,000 | €66,000 | = | 0.0% |
| Capital | 10 | €66,000 | €66,000 | = | 0.0% |
| Issued capital | 100 | €66,000 | €66,000 | = | 0.0% |
| Reserves | 13 | €403,847 | €545,130 | +€141,283 | +35.0% |
| Non-distributable reserves | 130/1 | €6,600 | €6,600 | = | 0.0% |
| Legal reserve | 130 | €6,600 | €6,600 | = | 0.0% |
| Distributable reserves | 133 | €397,247 | €538,530 | +€141,283 | +35.6% |
| Profit (loss) carried forward | 14 | €742,917 | €102,917 | -€640,000 | -86.1% |
| Amounts payable | 17/49 | €20,599 | €678,223 | +€657,624 | +3192.5% |
| Amounts payable within one year | 42/48 | €20,599 | €678,223 | +€657,624 | +3192.5% |
| Trade debts | 44 | €1,254 | €1,371 | +€117 | +9.4% |
| Suppliers | 440/4 | €1,254 | €1,371 | +€117 | +9.4% |
| Taxes, remuneration and social security | 45 | €9,841 | €29,845 | +€20,004 | +203.3% |
| Taxes | 450/3 | €9,841 | €29,845 | +€20,004 | +203.3% |
| Other amounts payable | 47/48 | €9,505 | €647,007 | +€637,503 | +6707.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,079 | €10,079 | = | 0.0% |
| Other operating charges | 640/8 | €5,377 | €4,984 | -€394 | -7.3% |
| Gross operating margin | 9900 | €68,929 | €55,235 | -€13,694 | -19.9% |
| Operating profit (loss) | 9901 | €53,473 | €40,173 | -€13,300 | -24.9% |
| Financial income | 75/76B | €70,095 | €205,007 | +€134,912 | +192.5% |
| Recurring financial income | 75 | €70,095 | €205,007 | +€134,912 | +192.5% |
| Financial charges | 65/66B | €2,329 | €16,652 | +€14,324 | +615.1% |
| Recurring financial charges | 65 | €2,329 | €16,652 | +€14,324 | +615.1% |
| Profit (loss) for the period before taxes | 9903 | €121,239 | €228,527 | +€107,288 | +88.5% |
| Income taxes | 67/77 | €22,828 | €26,745 | +€3,916 | +17.2% |
| Profit (loss) for the period | 9904 | €98,411 | €201,783 | +€103,372 | +105.0% |
| Profit (loss) for the period to be appropriated | 9905 | €98,411 | €201,783 | +€103,372 | +105.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.