HESTIAFIRE: 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.
HESTIAFIRE
Largest movements
- Receivables within one year +€50,365
up €50,365 (+224%), from €22,445 to €72,810
of which Other amounts receivable: +€49,496
- Tangible fixed assets -€19,951
down €19,951 (-68.5%), from €29,126 to €9,175
of which Leasing and similar rights: -€22,182
- Stocks and contracts -€15,991
down €15,991 (-14.8%), from €108,217 to €92,226
- Cash -€14,334
down €14,334 (-43.4%), from €33,033 to €18,699
mainly Receivables within one year (-€50,365) and Debts after one year (-€42,490)
- Intangible fixed assets -€6,401
down €6,401 (-11.1%), from €57,536 to €51,135
- Debts after one year -€42,490
down €42,490 (-61.3%), from €69,277 to €26,787
- Profit (loss) carried forward +€41,661
up €41,661 (+65.2%), from €63,896 to €105,558
- Trade debts -€9,865
down €9,865 (-14.8%), from €66,467 to €56,602
- Tax, wage and social debts +€8,242
up €8,242 (+47.9%), from €17,214 to €25,457
of which Taxes: +€6,242
- Current portion of long-term debt -€3,861
down €3,861 (-13.5%), from €28,502 to €24,642
- Purchases and services +€76,982
up €76,982 (+14.5%), from €531,193 to €608,175
- Turnover +€46,624
up €46,624 (+7.4%), from €631,260 to €677,885
- Gross operating margin -€27,691
down €27,691 (-26.7%), from €103,530 to €75,839
- Other operating charges +€6,842
up €6,842 (+179%), from €3,824 to €10,667
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.
Derived cash bridge
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 | €250,357 | €244,045 | -€6,312 | -2.5% |
| Fixed assets | 21/28 | €86,662 | €60,310 | -€26,352 | -30.4% |
| Intangible fixed assets | 21 | €57,536 | €51,135 | -€6,401 | -11.1% |
| Tangible fixed assets | 22/27 | €29,126 | €9,175 | -€19,951 | -68.5% |
| Plant, machinery and equipment | 23 | €6,433 | €8,791 | +€2,359 | +36.7% |
| Furniture and vehicles | 24 | €512 | €384 | -€128 | -25.1% |
| Leasing and similar rights | 25 | €22,182 | - | -€22,182 | |
| Current assets | 29/58 | €163,695 | €183,735 | +€20,040 | +12.2% |
| Stocks and contracts in progress | 3 | €108,217 | €92,226 | -€15,991 | -14.8% |
| Stocks | 30/36 | €108,217 | €92,226 | -€15,991 | -14.8% |
| Amounts receivable within one year | 40/41 | €22,445 | €72,810 | +€50,365 | +224% |
| Trade receivables | 40 | €2,856 | €3,725 | +€869 | +30.4% |
| Other amounts receivable | 41 | €19,589 | €69,085 | +€49,496 | +253% |
| Cash at bank and in hand | 54/58 | €33,033 | €18,699 | -€14,334 | -43.4% |
| Total equity and liabilities | 10/49 | €250,357 | €244,045 | -€6,312 | -2.5% |
| Equity | 10/15 | €68,896 | €110,558 | +€41,661 | +60.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €5,000 | +€5,000 | |
| Share premium | 1100/10 | - | €5,000 | +€5,000 | |
| Profit (loss) carried forward | 14 | €63,896 | €105,558 | +€41,661 | +65.2% |
| Amounts payable | 17/49 | €181,461 | €133,487 | -€47,974 | -26.4% |
| Amounts payable after more than one year | 17 | €69,277 | €26,787 | -€42,490 | -61.3% |
| Financial debts | 170/4 | €69,277 | €26,787 | -€42,490 | -61.3% |
| Amounts payable within one year | 42/48 | €112,184 | €106,700 | -€5,483 | -4.9% |
| Current portion of amounts payable after more than one year | 42 | €28,502 | €24,642 | -€3,861 | -13.5% |
| Trade debts | 44 | €66,467 | €56,602 | -€9,865 | -14.8% |
| Suppliers | 440/4 | €66,467 | €56,602 | -€9,865 | -14.8% |
| Taxes, remuneration and social security | 45 | €17,214 | €25,457 | +€8,242 | +47.9% |
| Taxes | 450/3 | €17,214 | €23,457 | +€6,242 | +36.3% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Turnover | 70 | €631,260 | €677,885 | +€46,624 | +7.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €531,193 | €608,175 | +€76,982 | +14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,658 | €9,846 | -€4,811 | -32.8% |
| Other operating charges | 640/8 | €3,824 | €10,667 | +€6,842 | +179% |
| Gross operating margin | 9900 | €103,530 | €75,839 | -€27,691 | -26.7% |
| Operating profit (loss) | 9901 | €85,048 | €55,326 | -€29,722 | -34.9% |
| Financial income | 75/76B | €235 | €7 | -€228 | -97.1% |
| Recurring financial income | 75 | €235 | €7 | -€228 | -97.1% |
| Financial charges | 65/66B | €4,172 | €2,429 | -€1,743 | -41.8% |
| Recurring financial charges | 65 | €4,172 | €2,429 | -€1,743 | -41.8% |
| Profit (loss) for the period before taxes | 9903 | €81,111 | €52,904 | -€28,207 | -34.8% |
| Income taxes | 67/77 | €17,214 | €11,242 | -€5,972 | -34.7% |
| Profit (loss) for the period | 9904 | €63,896 | €41,661 | -€22,235 | -34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €63,896 | €41,661 | -€22,235 | -34.8% |
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 19 October 2026 via checked.be.