HESTIART: 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.
HESTIART
Largest movements
- Tangible fixed assets -€6,000
down €6,000 (-3.4%), from €178,332 to €172,332
- Cash +€1,820
up €1,820 (+90.2%), from €2,018 to €3,839
mainly Net result for the year (+€9,720) and Depreciation (+€6,000)
- Debts after one year -€15,600
down €15,600 (-15.4%), from €101,400 to €85,800
- Profit (loss) carried forward +€9,720
up €9,720 (+80.4%), from -€12,093 to -€2,372
- Gross operating margin +€2,188
up €2,188 (+12.7%), from €17,163 to €19,351
- Other operating charges -€317
down €317 (-13.4%), from €2,363 to €2,047
- Financial charges -€205
down €205 (-11.5%), from €1,789 to €1,584
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 | €180,350 | €176,170 | -€4,180 | -2.3% |
| Fixed assets | 21/28 | €178,332 | €172,332 | -€6,000 | -3.4% |
| Tangible fixed assets | 22/27 | €178,332 | €172,332 | -€6,000 | -3.4% |
| Land and buildings | 22 | €178,332 | €172,332 | -€6,000 | -3.4% |
| Current assets | 29/58 | €2,018 | €3,839 | +€1,820 | +90.2% |
| Cash at bank and in hand | 54/58 | €2,018 | €3,839 | +€1,820 | +90.2% |
| Total equity and liabilities | 10/49 | €180,350 | €176,170 | -€4,180 | -2.3% |
| Equity | 10/15 | -€9,593 | €128 | +€9,720 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,093 | -€2,372 | +€9,720 | +80.4% |
| Amounts payable | 17/49 | €189,943 | €176,043 | -€13,900 | -7.3% |
| Amounts payable after more than one year | 17 | €101,400 | €85,800 | -€15,600 | -15.4% |
| Financial debts | 170/4 | €101,400 | €85,800 | -€15,600 | -15.4% |
| Amounts payable within one year | 42/48 | €88,543 | €90,243 | +€1,700 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €15,600 | €15,600 | = | 0.0% |
| Other amounts payable | 47/48 | €72,943 | €74,643 | +€1,700 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,000 | €6,000 | = | 0.0% |
| Other operating charges | 640/8 | €2,363 | €2,047 | -€317 | -13.4% |
| Gross operating margin | 9900 | €17,163 | €19,351 | +€2,188 | +12.7% |
| Operating profit (loss) | 9901 | €8,800 | €11,304 | +€2,504 | +28.5% |
| Financial charges | 65/66B | €1,789 | €1,584 | -€205 | -11.5% |
| Recurring financial charges | 65 | €1,789 | €1,584 | -€205 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €7,011 | €9,720 | +€2,709 | +38.6% |
| Profit (loss) for the period | 9904 | €7,011 | €9,720 | +€2,709 | +38.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,011 | €9,720 | +€2,709 | +38.6% |
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 21 October 2026 via checked.be.