Hestia: 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.
Hestia
Largest movements
- Receivables within one year +€62,247
up €62,247 (+20.7%), from €300,509 to €362,756
of which Trade receivables: +€67,803
- Tangible fixed assets -€15,428
down €15,428 (-23.0%), from €67,149 to €51,721
- Profit (loss) carried forward +€52,819
up €52,819 (+11.1%), from -€477,470 to -€424,652
- Tax, wage and social debts -€7,730
down €7,730 (-65.7%), from €11,768 to €4,038
of which Taxes: -€9,291
- Gross operating margin -€41,725
down €41,725 (-37.9%), from €110,220 to €68,495
- Financial income +€2,601
up €2,601 (+188.3%), from €1,381 to €3,982
- Other operating charges -€1,387
down €1,387 (-25.7%), from €5,401 to €4,014
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €374,525 | €419,536 | +€45,011 | +12.0% |
| Fixed assets | 21/28 | €67,199 | €51,772 | -€15,428 | -23.0% |
| Tangible fixed assets | 22/27 | €67,149 | €51,721 | -€15,428 | -23.0% |
| Land and buildings | 22 | €41,905 | €34,485 | -€7,420 | -17.7% |
| Plant, machinery and equipment | 23 | €16,352 | €12,368 | -€3,984 | -24.4% |
| Furniture and vehicles | 24 | €2,454 | €39 | -€2,415 | -98.4% |
| Other tangible fixed assets | 26 | €6,438 | €4,829 | -€1,610 | -25.0% |
| Financial fixed assets | 28 | €51 | €51 | = | 0.0% |
| Current assets | 29/58 | €307,325 | €367,764 | +€60,439 | +19.7% |
| Amounts receivable within one year | 40/41 | €300,509 | €362,756 | +€62,247 | +20.7% |
| Trade receivables | 40 | - | €67,803 | +€67,803 | |
| Other amounts receivable | 41 | €300,509 | €294,954 | -€5,556 | -1.8% |
| Cash at bank and in hand | 54/58 | €5,040 | €2,642 | -€2,398 | -47.6% |
| Deferred charges and accrued income | 490/1 | €1,776 | €2,366 | +€590 | +33.2% |
| Total equity and liabilities | 10/49 | €374,525 | €419,536 | +€45,011 | +12.0% |
| Equity | 10/15 | €358,147 | €410,965 | +€52,819 | +14.7% |
| Contributions | 10/11 | €769,000 | €769,000 | = | 0.0% |
| Capital | 10 | €769,000 | €769,000 | = | 0.0% |
| Issued capital | 100 | €769,000 | €769,000 | = | 0.0% |
| Reserves | 13 | €66,617 | €66,617 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,367 | €10,367 | = | 0.0% |
| Legal reserve | 130 | €10,367 | €10,367 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€477,470 | -€424,652 | +€52,819 | +11.1% |
| Amounts payable | 17/49 | €16,378 | €8,571 | -€7,807 | -47.7% |
| Amounts payable within one year | 42/48 | €16,378 | €8,571 | -€7,807 | -47.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €777 | €699 | -€77 | -9.9% |
| Suppliers | 440/4 | €777 | €699 | -€77 | -9.9% |
| Taxes, remuneration and social security | 45 | €11,768 | €4,038 | -€7,730 | -65.7% |
| Taxes | 450/3 | €11,768 | €2,476 | -€9,291 | -79.0% |
| Remuneration and social security | 454/9 | - | €1,562 | +€1,562 | |
| Other amounts payable | 47/48 | €3,833 | €3,833 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €3,242 | €0 | -€3,242 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,544 | €15,428 | -€116 | -0.7% |
| Other operating charges | 640/8 | €5,401 | €4,014 | -€1,387 | -25.7% |
| Gross operating margin | 9900 | €110,220 | €68,495 | -€41,725 | -37.9% |
| Operating profit (loss) | 9901 | €89,275 | €49,053 | -€40,222 | -45.1% |
| Financial income | 75/76B | €1,381 | €3,982 | +€2,601 | +188.3% |
| Recurring financial income | 75 | €1,381 | €3,982 | +€2,601 | +188.3% |
| Financial charges | 65/66B | €308 | €46 | -€262 | -84.9% |
| Recurring financial charges | 65 | €308 | €46 | -€262 | -84.9% |
| Profit (loss) for the period before taxes | 9903 | €90,348 | €52,989 | -€37,359 | -41.4% |
| Income taxes | 67/77 | €165 | €170 | +€5 | +3.1% |
| Profit (loss) for the period | 9904 | €90,183 | €52,819 | -€37,364 | -41.4% |
| Profit (loss) for the period to be appropriated | 9905 | €90,183 | €52,819 | -€37,364 | -41.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.