HESTERS IMMO: 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.
HESTERS IMMO
Largest movements
- Tangible fixed assets -€11,574
down €11,574 (-5.3%), from €219,269 to €207,696
of which Land and buildings: -€10,738
- Cash -€2,576
down €2,576 (-41.4%), from €6,227 to €3,650
mainly Other debts (-€18,282) and Tax, wage and social debts (-€2,206)
- Other debts -€18,282
down €18,282 (-16.0%), from €114,240 to €95,958
- Trade debts +€4,152
up €4,152 (+3518.3%), from €118 to €4,270
- Other operating charges +€4,199
up €4,199 (+102.6%), from €4,093 to €8,292
- Gross operating margin -€2,461
down €2,461 (-9.6%), from €25,676 to €23,215
- Taxes -€2,206
down €2,206 (-66.3%), from €3,325 to €1,119
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 | €247,996 | €233,846 | -€14,150 | -5.7% |
| Fixed assets | 21/28 | €219,269 | €207,696 | -€11,574 | -5.3% |
| Tangible fixed assets | 22/27 | €219,269 | €207,696 | -€11,574 | -5.3% |
| Land and buildings | 22 | €217,762 | €207,024 | -€10,738 | -4.9% |
| Plant, machinery and equipment | 23 | €1,507 | €672 | -€836 | -55.5% |
| Current assets | 29/58 | €28,727 | €26,150 | -€2,576 | -9.0% |
| Amounts receivable within one year | 40/41 | €22,500 | €22,500 | = | 0.0% |
| Trade receivables | 40 | €2,500 | €2,500 | = | 0.0% |
| Other amounts receivable | 41 | €20,000 | €20,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,227 | €3,650 | -€2,576 | -41.4% |
| Total equity and liabilities | 10/49 | €247,996 | €233,846 | -€14,150 | -5.7% |
| Equity | 10/15 | €130,314 | €132,500 | +€2,186 | +1.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €63,655 | €65,841 | +€2,186 | +3.4% |
| Non-distributable reserves | 130/1 | €1,620 | €1,620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,620 | €1,620 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,253 | €12,253 | = | 0.0% |
| Distributable reserves | 133 | €49,781 | €51,967 | +€2,186 | +4.4% |
| Profit (loss) carried forward | 14 | €41,659 | €41,659 | = | 0.0% |
| Amounts payable | 17/49 | €117,682 | €101,346 | -€16,336 | -13.9% |
| Amounts payable within one year | 42/48 | €117,682 | €101,346 | -€16,336 | -13.9% |
| Trade debts | 44 | €118 | €4,270 | +€4,152 | +3518.3% |
| Suppliers | 440/4 | €118 | €4,270 | +€4,152 | +3518.3% |
| Taxes, remuneration and social security | 45 | €3,325 | €1,119 | -€2,206 | -66.3% |
| Taxes | 450/3 | €3,325 | €1,119 | -€2,206 | -66.3% |
| Other amounts payable | 47/48 | €114,240 | €95,958 | -€18,282 | -16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,574 | €11,574 | = | 0.0% |
| Other operating charges | 640/8 | €4,093 | €8,292 | +€4,199 | +102.6% |
| Gross operating margin | 9900 | €25,676 | €23,215 | -€2,461 | -9.6% |
| Operating profit (loss) | 9901 | €10,009 | €3,349 | -€6,660 | -66.5% |
| Financial charges | 65/66B | €39 | €44 | +€5 | +11.5% |
| Recurring financial charges | 65 | €39 | €44 | +€5 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €9,970 | €3,305 | -€6,665 | -66.8% |
| Income taxes | 67/77 | €3,325 | €1,119 | -€2,206 | -66.3% |
| Profit (loss) for the period | 9904 | €6,645 | €2,186 | -€4,459 | -67.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,645 | €2,186 | -€4,459 | -67.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.