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
- Intangible fixed assets -€168,699
down €168,699 (-25.0%), from €674,796 to €506,097
- Cash -€121,845
down €121,845 (-94.0%), from €129,679 to €7,835
mainly Net result for the year (-€301,086) and Trade debts (-€74,729)
- Tangible fixed assets -€109,194
down €109,194 (-4.1%), from €2.7m to €2.6m
of which Land and buildings: -€112,942
- Reserves -€301,086
down €301,086 (-18.7%), from €1.6m to €1.3m
of which Distributable reserves: -€301,086
- Trade debts -€74,729
down €74,729 (-95.8%), from €78,031 to €3,302
- Debts after one year -€52,283
down €52,283 (-18.7%), from €280,061 to €227,778
- Gross operating margin +€46,973
up €46,973 (+552.2%), from €8,506 to €55,479
- Depreciation +€18,982
up €18,982 (+5.9%), from €321,831 to €340,813
- Financial income -€10,576
down €10,576 (-84.5%), from €12,517 to €1,942
of which Non-recurring financial income: -€12,516
- Financial charges -€10,050
down €10,050 (-65.5%), from €15,338 to €5,287
- Taxes +€771
up €771 (+224.4%), from €344 to €1,114
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 | €3,708,750 | €3,281,460 | -€427,291 | -11.5% |
| Fixed assets | 21/28 | €3,352,725 | €3,074,832 | -€277,893 | -8.3% |
| Intangible fixed assets | 21 | €674,796 | €506,097 | -€168,699 | -25.0% |
| Tangible fixed assets | 22/27 | €2,677,929 | €2,568,735 | -€109,194 | -4.1% |
| Land and buildings | 22 | €2,332,355 | €2,219,412 | -€112,942 | -4.8% |
| Plant, machinery and equipment | 23 | €325,118 | €342,772 | +€17,655 | +5.4% |
| Furniture and vehicles | 24 | €20,456 | €6,550 | -€13,906 | -68.0% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €356,025 | €206,628 | -€149,398 | -42.0% |
| Amounts receivable within one year | 40/41 | €6,900 | €7,669 | +€769 | +11.2% |
| Trade receivables | 40 | - | €707 | +€707 | |
| Other amounts receivable | 41 | €6,900 | €6,963 | +€63 | +0.9% |
| Current investments | 50/53 | €177,000 | €147,000 | -€30,000 | -16.9% |
| Cash at bank and in hand | 54/58 | €129,679 | €7,835 | -€121,845 | -94.0% |
| Deferred charges and accrued income | 490/1 | €42,446 | €44,124 | +€1,678 | +4.0% |
| Total equity and liabilities | 10/49 | €3,708,750 | €3,281,460 | -€427,291 | -11.5% |
| Equity | 10/15 | €3,290,683 | €2,989,597 | -€301,086 | -9.1% |
| Contributions | 10/11 | €1,676,780 | €1,676,780 | = | 0.0% |
| Reserves | 13 | €1,613,903 | €1,312,817 | -€301,086 | -18.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,613,903 | €1,312,817 | -€301,086 | -18.7% |
| Amounts payable | 17/49 | €418,067 | €291,863 | -€126,204 | -30.2% |
| Amounts payable after more than one year | 17 | €280,061 | €227,778 | -€52,283 | -18.7% |
| Financial debts | 170/4 | €280,061 | €227,778 | -€52,283 | -18.7% |
| Amounts payable within one year | 42/48 | €138,006 | €64,085 | -€73,922 | -53.6% |
| Current portion of amounts payable after more than one year | 42 | €51,619 | €52,283 | +€664 | +1.3% |
| Trade debts | 44 | €78,031 | €3,302 | -€74,729 | -95.8% |
| Suppliers | 440/4 | €78,031 | €3,302 | -€74,729 | -95.8% |
| Taxes, remuneration and social security | 45 | €186 | €0 | -€186 | -100.0% |
| Taxes | 450/3 | €186 | €0 | -€186 | -100.0% |
| Other amounts payable | 47/48 | €8,170 | €8,500 | +€330 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €321,831 | €340,813 | +€18,982 | +5.9% |
| Other operating charges | 640/8 | €10,948 | €11,292 | +€345 | +3.1% |
| Gross operating margin | 9900 | €8,506 | €55,479 | +€46,973 | +552.2% |
| Operating profit (loss) | 9901 | -€324,273 | -€296,626 | +€27,647 | +8.5% |
| Financial income | 75/76B | €12,517 | €1,942 | -€10,576 | -84.5% |
| Recurring financial income | 75 | €2 | €1,942 | +€1,940 | +106581.9% |
| Non-recurring financial income | 76B | €12,516 | €0 | -€12,516 | -100.0% |
| Financial charges | 65/66B | €15,338 | €5,287 | -€10,050 | -65.5% |
| Recurring financial charges | 65 | €15,338 | €5,287 | -€10,050 | -65.5% |
| Profit (loss) for the period before taxes | 9903 | -€327,093 | -€299,972 | +€27,121 | +8.3% |
| Income taxes | 67/77 | €344 | €1,114 | +€771 | +224.4% |
| Profit (loss) for the period | 9904 | -€327,436 | -€301,086 | +€26,350 | +8.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€327,436 | -€301,086 | +€26,350 | +8.0% |
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.