HESTIA CONCEPT: 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 CONCEPT
Largest movements
- Tangible fixed assets -€52,237
down €52,237 (-24.2%), from €215,812 to €163,575
of which Other tangible fixed assets: -€28,748
- Current investments -€48,500
down €48,500 (-45.5%), from €106,500 to €58,000
- Receivables within one year +€17,020
up €17,020 (+142.9%), from €11,912 to €28,932
of which Trade receivables: +€28,728
- Cash -€5,340
down €5,340 (-29.0%), from €18,441 to €13,100
mainly Trade debts (-€98,762) and Net result for the year (-€18,574)
- Trade debts -€98,762
down €98,762 (-94.0%), from €105,058 to €6,296
- Profit (loss) carried forward -€18,574
down €18,574 (-22.6%), from €82,234 to €63,660
- Debts after one year +€13,728
up €13,728 (+11.5%), from €119,244 to €132,971
- Current portion of long-term debt +€10,459
up €10,459 (+36.1%), from €28,975 to €39,434
- Tax, wage and social debts +€5,321
up €5,321 (+57.1%), from €9,321 to €14,641
of which Taxes: +€5,578
- Gross operating margin -€27,011
down €27,011 (-29.2%), from €92,399 to €65,388
- Depreciation +€12,349
up €12,349 (+26.9%), from €45,904 to €58,252
- Staff costs +€5,171
up €5,171 (+69.6%), from €7,430 to €12,601
- Taxes -€3,581
down €3,581 (-95.7%), from €3,743 to €161
- Other operating charges +€1,018
up €1,018 (+28.0%), from €3,632 to €4,649
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 | €364,991 | €276,855 | -€88,135 | -24.1% |
| Fixed assets | 21/28 | €216,012 | €163,775 | -€52,237 | -24.2% |
| Tangible fixed assets | 22/27 | €215,812 | €163,575 | -€52,237 | -24.2% |
| Plant, machinery and equipment | 23 | €6,223 | €3,594 | -€2,630 | -42.3% |
| Furniture and vehicles | 24 | €97,645 | €76,786 | -€20,859 | -21.4% |
| Other tangible fixed assets | 26 | €111,943 | €83,195 | -€28,748 | -25.7% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €148,979 | €113,080 | -€35,899 | -24.1% |
| Amounts receivable after more than one year | 29 | €6,000 | €6,000 | = | 0.0% |
| Other amounts receivable | 291 | €6,000 | €6,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €5,963 | €6,535 | +€572 | +9.6% |
| Stocks | 30/36 | €5,963 | €6,535 | +€572 | +9.6% |
| Amounts receivable within one year | 40/41 | €11,912 | €28,932 | +€17,020 | +142.9% |
| Trade receivables | 40 | €155 | €28,883 | +€28,728 | +18561.6% |
| Other amounts receivable | 41 | €11,757 | €50 | -€11,708 | -99.6% |
| Current investments | 50/53 | €106,500 | €58,000 | -€48,500 | -45.5% |
| Cash at bank and in hand | 54/58 | €18,441 | €13,100 | -€5,340 | -29.0% |
| Deferred charges and accrued income | 490/1 | €163 | €512 | +€349 | +214.0% |
| Total equity and liabilities | 10/49 | €364,991 | €276,855 | -€88,135 | -24.1% |
| Equity | 10/15 | €101,351 | €82,777 | -€18,574 | -18.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €517 | €517 | = | 0.0% |
| Distributable reserves | 133 | €517 | €517 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,234 | €63,660 | -€18,574 | -22.6% |
| Amounts payable | 17/49 | €263,639 | €194,078 | -€69,561 | -26.4% |
| Amounts payable after more than one year | 17 | €119,244 | €132,971 | +€13,728 | +11.5% |
| Financial debts | 170/4 | €119,244 | €132,971 | +€13,728 | +11.5% |
| Amounts payable within one year | 42/48 | €143,941 | €60,713 | -€83,228 | -57.8% |
| Current portion of amounts payable after more than one year | 42 | €28,975 | €39,434 | +€10,459 | +36.1% |
| Trade debts | 44 | €105,058 | €6,296 | -€98,762 | -94.0% |
| Suppliers | 440/4 | €105,058 | €6,296 | -€98,762 | -94.0% |
| Taxes, remuneration and social security | 45 | €9,321 | €14,641 | +€5,321 | +57.1% |
| Taxes | 450/3 | €4,242 | €9,820 | +€5,578 | +131.5% |
| Remuneration and social security | 454/9 | €5,079 | €4,822 | -€257 | -5.1% |
| Other amounts payable | 47/48 | €586 | €341 | -€245 | -41.9% |
| Accrued charges and deferred income | 492/3 | €455 | €394 | -€61 | -13.4% |
| Remuneration, social security and pensions | 62 | €7,430 | €12,601 | +€5,171 | +69.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,904 | €58,252 | +€12,349 | +26.9% |
| Other operating charges | 640/8 | €3,632 | €4,649 | +€1,018 | +28.0% |
| Gross operating margin | 9900 | €92,399 | €65,388 | -€27,011 | -29.2% |
| Operating profit (loss) | 9901 | €35,433 | -€10,115 | -€45,549 | |
| Financial income | 75/76B | €911 | €830 | -€81 | -8.9% |
| Recurring financial income | 75 | €911 | €830 | -€81 | -8.9% |
| Financial charges | 65/66B | €8,536 | €9,128 | +€592 | +6.9% |
| Recurring financial charges | 65 | €8,536 | €9,128 | +€592 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | €27,808 | -€18,413 | -€46,221 | |
| Income taxes | 67/77 | €3,743 | €161 | -€3,581 | -95.7% |
| Profit (loss) for the period | 9904 | €24,066 | -€18,574 | -€42,640 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,066 | -€18,574 | -€42,640 |
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.