Hesse: 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.
Hesse
Largest movements
- Cash +€48,120
up €48,120 (+97.9%), from €49,149 to €97,268
mainly Net result for the year (+€92,434) and Tax, wage and social debts (+€9,831)
- Receivables within one year +€14,348
up €14,348 (+191.2%), from €7,504 to €21,851
of which Trade receivables: +€14,490
- Financial fixed assets +€10,000
up €10,000 (+13.3%), from €75,000 to €85,000
- Current investments +€6,500
new in 2025: €6,500
- Reserves +€92,434
up €92,434 (+199.1%), from €46,432 to €138,866
- Debts after one year -€13,939
down €13,939 (-45.0%), from €31,004 to €17,065
- Other debts -€12,601
down €12,601 (-44.0%), from €28,645 to €16,044
- Tax, wage and social debts +€9,831
up €9,831 (+126.2%), from €7,788 to €17,619
of which Taxes: +€9,831
- Trade debts +€2,267
up €2,267 (+65.2%), from €3,479 to €5,746
- Gross operating margin +€47,601
up €47,601, from -€6,172 to €41,429
- Financial income +€15,345
up €15,345 (+30.5%), from €50,275 to €65,620
- Taxes +€7,254
new in 2025: €7,254
- Write-downs +€1,700
up €1,700 (+340.0%), from €500 to €2,200
- Financial charges -€1,313
down €1,313 (-31.6%), from €4,161 to €2,848
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 | €138,344 | €216,258 | +€77,913 | +56.3% |
| Fixed assets | 21/28 | €81,692 | €90,638 | +€8,946 | +11.0% |
| Tangible fixed assets | 22/27 | €6,692 | €5,638 | -€1,054 | -15.8% |
| Land and buildings | 22 | €2,644 | €2,378 | -€266 | -10.1% |
| Plant, machinery and equipment | 23 | €4,048 | €3,260 | -€788 | -19.5% |
| Financial fixed assets | 28 | €75,000 | €85,000 | +€10,000 | +13.3% |
| Current assets | 29/58 | €56,652 | €125,620 | +€68,967 | +121.7% |
| Amounts receivable within one year | 40/41 | €7,504 | €21,851 | +€14,348 | +191.2% |
| Trade receivables | 40 | €7,361 | €21,851 | +€14,490 | +196.8% |
| Other amounts receivable | 41 | €142 | - | -€142 | |
| Current investments | 50/53 | - | €6,500 | +€6,500 | |
| Cash at bank and in hand | 54/58 | €49,149 | €97,268 | +€48,120 | +97.9% |
| Total equity and liabilities | 10/49 | €138,344 | €216,258 | +€77,913 | +56.3% |
| Equity | 10/15 | €51,432 | €143,866 | +€92,434 | +179.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €46,432 | €138,866 | +€92,434 | +199.1% |
| Distributable reserves | 133 | €46,432 | €138,866 | +€92,434 | +199.1% |
| Amounts payable | 17/49 | €86,913 | €72,392 | -€14,521 | -16.7% |
| Amounts payable after more than one year | 17 | €31,004 | €17,065 | -€13,939 | -45.0% |
| Financial debts | 170/4 | €31,004 | €17,065 | -€13,939 | -45.0% |
| Amounts payable within one year | 42/48 | €55,459 | €54,877 | -€582 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €13,334 | €13,939 | +€606 | +4.5% |
| Trade debts | 44 | €3,479 | €5,746 | +€2,267 | +65.2% |
| Suppliers | 440/4 | €3,479 | €5,746 | +€2,267 | +65.2% |
| Advances received on contracts in progress | 46 | €2,214 | €1,529 | -€685 | -30.9% |
| Taxes, remuneration and social security | 45 | €7,788 | €17,619 | +€9,831 | +126.2% |
| Taxes | 450/3 | €5,253 | €15,084 | +€9,831 | +187.1% |
| Remuneration and social security | 454/9 | €2,535 | €2,535 | = | 0.0% |
| Other amounts payable | 47/48 | €28,645 | €16,044 | -€12,601 | -44.0% |
| Accrued charges and deferred income | 492/3 | €450 | €450 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €617 | €1,509 | +€892 | +144.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €500 | €2,200 | +€1,700 | +340.0% |
| Other operating charges | 640/8 | €408 | €804 | +€396 | +97.2% |
| Gross operating margin | 9900 | -€6,172 | €41,429 | +€47,601 | |
| Operating profit (loss) | 9901 | -€7,697 | €36,916 | +€44,613 | |
| Financial income | 75/76B | €50,275 | €65,620 | +€15,345 | +30.5% |
| Recurring financial income | 75 | €50,275 | €65,620 | +€15,345 | +30.5% |
| Financial charges | 65/66B | €4,161 | €2,848 | -€1,313 | -31.6% |
| Recurring financial charges | 65 | €4,161 | €2,848 | -€1,313 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | €38,417 | €99,688 | +€61,271 | +159.5% |
| Income taxes | 67/77 | - | €7,254 | +€7,254 | |
| Profit (loss) for the period | 9904 | €38,417 | €92,434 | +€54,017 | +140.6% |
| Profit (loss) for the period to be appropriated | 9905 | €38,417 | €92,434 | +€54,017 | +140.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.