HESTIA: what changed
Two financial 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
- Cash -€186,267
down €186,267 (-83.5%), from €223,159 to €36,892
mainly Contributions, distributions and other (-€294,000) and Net result for the year (-€56,065)
- Receivables within one year +€16,123
up €16,123 (+540.3%), from €2,984 to €19,107
of which Other amounts receivable: +€8,418
- Profit (loss) carried forward -€350,065
down €350,065 (-99.6%), from €351,456 to €1,390
- Other debts +€183,349
up €183,349 (+233.0%), from €78,683 to €262,031
- Tax, wage and social debts -€7,226
down €7,226 (-98.1%), from €7,368 to €142
- Gross operating margin -€117,126
down €117,126, from €65,452 to -€51,675
- Taxes -€12,529
down €12,529 (-96.1%), from €13,035 to €506
- Financial income +€1,780
new in 2025: €1,780
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 | €462,275 | €287,286 | -€174,989 | -37.9% |
| Fixed assets | 21/28 | €8,293 | €4,683 | -€3,610 | -43.5% |
| Tangible fixed assets | 22/27 | €8,143 | €4,533 | -€3,610 | -44.3% |
| Furniture and vehicles | 24 | €8,143 | €4,533 | -€3,610 | -44.3% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €453,983 | €282,604 | -€171,379 | -37.8% |
| Stocks and contracts in progress | 3 | €221,604 | €221,604 | = | 0.0% |
| Stocks | 30/36 | €221,604 | €221,604 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,984 | €19,107 | +€16,123 | +540.3% |
| Trade receivables | 40 | €958 | €8,663 | +€7,705 | +804.0% |
| Other amounts receivable | 41 | €2,026 | €10,444 | +€8,418 | +415.6% |
| Current investments | 50/53 | €5,000 | €5,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €223,159 | €36,892 | -€186,267 | -83.5% |
| Deferred charges and accrued income | 490/1 | €1,235 | €0 | -€1,235 | -100.0% |
| Total equity and liabilities | 10/49 | €462,275 | €287,286 | -€174,989 | -37.9% |
| Equity | 10/15 | €371,916 | €21,850 | -€350,065 | -94.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €351,456 | €1,390 | -€350,065 | -99.6% |
| Amounts payable | 17/49 | €90,360 | €265,436 | +€175,076 | +193.8% |
| Amounts payable within one year | 42/48 | €90,360 | €265,436 | +€175,076 | +193.8% |
| Trade debts | 44 | €4,309 | €3,262 | -€1,047 | -24.3% |
| Suppliers | 440/4 | €4,309 | €3,262 | -€1,047 | -24.3% |
| Taxes, remuneration and social security | 45 | €7,368 | €142 | -€7,226 | -98.1% |
| Taxes | 450/3 | €7,368 | €142 | -€7,226 | -98.1% |
| Other amounts payable | 47/48 | €78,683 | €262,031 | +€183,349 | +233.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,138 | €4,932 | -€206 | -4.0% |
| Other operating charges | 640/8 | €636 | €647 | +€11 | +1.7% |
| Gross operating margin | 9900 | €65,452 | -€51,675 | -€117,126 | |
| Operating profit (loss) | 9901 | €59,678 | -€57,253 | -€116,931 | |
| Financial income | 75/76B | - | €1,780 | +€1,780 | |
| Recurring financial income | 75 | - | €1,780 | +€1,780 | |
| Financial charges | 65/66B | €566 | €86 | -€480 | -84.8% |
| Recurring financial charges | 65 | €566 | €86 | -€480 | -84.8% |
| Profit (loss) for the period before taxes | 9903 | €59,112 | -€55,559 | -€114,671 | |
| Income taxes | 67/77 | €13,035 | €506 | -€12,529 | -96.1% |
| Profit (loss) for the period | 9904 | €46,077 | -€56,065 | -€102,142 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,077 | -€56,065 | -€102,142 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.