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
- Financial fixed assets -€120,000
down €120,000 (-99.8%), from €120,195 to €195
- Cash +€46,424
up €46,424 (+24.6%), from €188,637 to €235,061
mainly Investment in fixed assets (net) (+€119,410) and Depreciation (+€12,793)
- Tangible fixed assets -€12,203
down €12,203 (-4.9%), from €248,080 to €235,877
of which Land and buildings: -€9,034
- Other debts -€46,061
down €46,061 (-13.9%), from €330,892 to €284,831
- Reserves -€31,000
down €31,000 (-16.3%), from €190,000 to €159,000
of which Distributable reserves: -€31,000
- Financial income +€4,049
up €4,049 (+338.0%), from €1,198 to €5,247
of which Non-recurring financial income: +€4,440
- Gross operating margin -€2,612
down €2,612 (-20.6%), from -€12,687 to -€15,299
- Depreciation +€769
up €769 (+6.4%), from €12,024 to €12,793
- Other operating charges -€386
down €386 (-5.3%), from €7,247 to €6,861
- Financial charges -€166
down €166 (-18.1%), from €917 to €751
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 | €679,784 | €596,500 | -€83,284 | -12.3% |
| Fixed assets | 21/28 | €368,275 | €236,072 | -€132,203 | -35.9% |
| Tangible fixed assets | 22/27 | €248,080 | €235,877 | -€12,203 | -4.9% |
| Land and buildings | 22 | €242,236 | €233,202 | -€9,034 | -3.7% |
| Furniture and vehicles | 24 | €5,844 | €2,675 | -€3,169 | -54.2% |
| Financial fixed assets | 28 | €120,195 | €195 | -€120,000 | -99.8% |
| Current assets | 29/58 | €311,509 | €360,428 | +€48,919 | +15.7% |
| Amounts receivable within one year | 40/41 | €13,803 | €16,101 | +€2,298 | +16.6% |
| Other amounts receivable | 41 | €13,803 | €16,101 | +€2,298 | +16.6% |
| Current investments | 50/53 | €106,200 | €106,804 | +€604 | +0.6% |
| Cash at bank and in hand | 54/58 | €188,637 | €235,061 | +€46,424 | +24.6% |
| Deferred charges and accrued income | 490/1 | €2,869 | €2,462 | -€407 | -14.2% |
| Total equity and liabilities | 10/49 | €679,784 | €596,500 | -€83,284 | -12.3% |
| Equity | 10/15 | €340,648 | €309,353 | -€31,295 | -9.2% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €190,000 | €159,000 | -€31,000 | -16.3% |
| Non-distributable reserves | 130/1 | €17,000 | €17,000 | = | 0.0% |
| Legal reserve | 130 | €17,000 | €17,000 | = | 0.0% |
| Distributable reserves | 133 | €173,000 | €142,000 | -€31,000 | -17.9% |
| Profit (loss) carried forward | 14 | €648 | €353 | -€295 | -45.5% |
| Amounts payable | 17/49 | €339,136 | €287,147 | -€51,989 | -15.3% |
| Amounts payable within one year | 42/48 | €332,676 | €287,120 | -€45,556 | -13.7% |
| Trade debts | 44 | €1,239 | €1,661 | +€422 | +34.1% |
| Suppliers | 440/4 | €1,239 | €1,661 | +€422 | +34.1% |
| Taxes, remuneration and social security | 45 | €545 | €628 | +€83 | +15.2% |
| Taxes | 450/3 | €545 | €628 | +€83 | +15.2% |
| Other amounts payable | 47/48 | €330,892 | €284,831 | -€46,061 | -13.9% |
| Accrued charges and deferred income | 492/3 | €6,460 | €27 | -€6,433 | -99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,024 | €12,793 | +€769 | +6.4% |
| Other operating charges | 640/8 | €7,247 | €6,861 | -€386 | -5.3% |
| Gross operating margin | 9900 | -€12,687 | -€15,299 | -€2,612 | -20.6% |
| Operating profit (loss) | 9901 | -€31,958 | -€34,953 | -€2,995 | -9.4% |
| Financial income | 75/76B | €1,198 | €5,247 | +€4,049 | +338.0% |
| Recurring financial income | 75 | €1,198 | €807 | -€391 | -32.6% |
| Non-recurring financial income | 76B | - | €4,440 | +€4,440 | |
| Financial charges | 65/66B | €917 | €751 | -€166 | -18.1% |
| Recurring financial charges | 65 | €917 | €751 | -€166 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | -€31,677 | -€30,457 | +€1,220 | +3.9% |
| Income taxes | 67/77 | €897 | €838 | -€59 | -6.6% |
| Profit (loss) for the period | 9904 | -€32,574 | -€31,295 | +€1,279 | +3.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,574 | -€31,295 | +€1,279 | +3.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.