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 +€567,282
up €567,282 (+38.1%), from €1.5m to €2.1m
of which Trade receivables: +€566,937
- Financial fixed assets -€86,800
down €86,800 (-35.0%), from €248,000 to €161,200
- Other debts +€471,421
up €471,421 (+84.8%), from €555,701 to €1.0m
- Profit (loss) carried forward +€73,765
up €73,765 (+28.7%), from -€256,735 to -€182,970
- Trade debts -€51,518
down €51,518 (-4.3%), from €1.2m to €1.1m
- Tax, wage and social debts -€29,217
down €29,217 (-33.5%), from €87,266 to €58,049
of which Remuneration and social security: -€21,721
- Purchases and services +€239,470
up €239,470 (+4.0%), from €6.0m to €6.3m
- Turnover +€168,804
up €168,804 (+2.7%), from €6.1m to €6.3m
- Staff costs -€158,474
down €158,474 (-24.9%), from €635,222 to €476,748
- Financial charges +€91,676
up €91,676 (+213.7%), from €42,891 to €134,568
of which Non-recurring financial charges: +€99,200
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 | €1,851,460 | €2,304,785 | +€453,324 | +24.5% |
| Fixed assets | 21/28 | €286,050 | €179,713 | -€106,338 | -37.2% |
| Tangible fixed assets | 22/27 | €38,050 | €18,513 | -€19,538 | -51.3% |
| Plant, machinery and equipment | 23 | €9,886 | €5,425 | -€4,461 | -45.1% |
| Furniture and vehicles | 24 | €192 | €3,822 | +€3,630 | +1886.5% |
| Other tangible fixed assets | 26 | €27,972 | €9,265 | -€18,707 | -66.9% |
| Financial fixed assets | 28 | €248,000 | €161,200 | -€86,800 | -35.0% |
| Current assets | 29/58 | €1,565,410 | €2,125,072 | +€559,662 | +35.8% |
| Amounts receivable within one year | 40/41 | €1,490,370 | €2,057,651 | +€567,282 | +38.1% |
| Trade receivables | 40 | €1,490,370 | €2,057,306 | +€566,937 | +38.0% |
| Other amounts receivable | 41 | - | €345 | +€345 | |
| Cash at bank and in hand | 54/58 | €13,734 | €7,405 | -€6,329 | -46.1% |
| Deferred charges and accrued income | 490/1 | €61,306 | €60,016 | -€1,291 | -2.1% |
| Total equity and liabilities | 10/49 | €1,851,460 | €2,304,785 | +€453,324 | +24.5% |
| Equity | 10/15 | -€188,535 | -€114,770 | +€73,765 | +39.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€256,735 | -€182,970 | +€73,765 | +28.7% |
| Provisions and deferred taxes | 16 | - | €71 | +€71 | |
| Provisions for liabilities and charges | 160/5 | - | €71 | +€71 | |
| Pensions and similar obligations | 160 | - | €71 | +€71 | |
| Amounts payable | 17/49 | €2,039,995 | €2,419,484 | +€379,489 | +18.6% |
| Amounts payable within one year | 42/48 | €1,832,063 | €2,222,748 | +€390,685 | +21.3% |
| Trade debts | 44 | €1,189,095 | €1,137,577 | -€51,518 | -4.3% |
| Suppliers | 440/4 | €1,189,095 | €1,137,577 | -€51,518 | -4.3% |
| Taxes, remuneration and social security | 45 | €87,266 | €58,049 | -€29,217 | -33.5% |
| Taxes | 450/3 | €10,355 | €2,859 | -€7,496 | -72.4% |
| Remuneration and social security | 454/9 | €76,912 | €55,190 | -€21,721 | -28.2% |
| Other amounts payable | 47/48 | €555,701 | €1,027,122 | +€471,421 | +84.8% |
| Accrued charges and deferred income | 492/3 | €207,933 | €196,736 | -€11,197 | -5.4% |
| Turnover | 70 | €6,143,530 | €6,312,334 | +€168,804 | +2.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €6,025,867 | €6,265,336 | +€239,470 | +4.0% |
| Remuneration, social security and pensions | 62 | €635,222 | €476,748 | -€158,474 | -24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,782 | €24,403 | -€1,379 | -5.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €71 | +€71 | |
| Other operating charges | 640/8 | €3,507 | €2,718 | -€788 | -22.5% |
| Non-recurring operating charges | 66A | - | €820 | +€820 | |
| Gross operating margin | 9900 | €711,165 | €713,605 | +€2,440 | +0.3% |
| Operating profit (loss) | 9901 | €46,655 | €208,845 | +€162,190 | +347.6% |
| Financial income | 75/76B | €305 | €32 | -€273 | -89.5% |
| Recurring financial income | 75 | €305 | €32 | -€273 | -89.5% |
| Financial charges | 65/66B | €42,891 | €134,568 | +€91,676 | +213.7% |
| Recurring financial charges | 65 | €42,891 | €35,368 | -€7,524 | -17.5% |
| Non-recurring financial charges | 66B | - | €99,200 | +€99,200 | |
| Profit (loss) for the period before taxes | 9903 | €4,068 | €74,309 | +€70,241 | +1726.6% |
| Income taxes | 67/77 | €1,208 | €545 | -€663 | -54.9% |
| Profit (loss) for the period | 9904 | €2,860 | €73,765 | +€70,904 | +2478.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,860 | €73,765 | +€70,904 | +2478.9% |
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 4 October 2026 via checked.be.