Hestias: 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.
Hestias
Largest movements
- Receivables within one year -€385,901
down €385,901 (-49.6%), from €778,276 to €392,374
of which Other amounts receivable: -€323,365
- Receivables after one year -€371,695
down €371,695 (-17.0%), from €2.2m to €1.8m
- Tangible fixed assets -€177,736
down €177,736 (-5.2%), from €3.4m to €3.2m
of which Plant, machinery and equipment: -€102,488
- Other debts -€944,858
down €944,858 (-27.4%), from €3.5m to €2.5m
- Debts after one year -€222,062
down €222,062 (-26.3%), from €843,436 to €621,374
- Trade debts +€138,565
up €138,565 (+9,238%), from €1,500 to €140,065
- Tax, wage and social debts +€111,108
up €111,108, from €0 to €111,108
- Current portion of long-term debt -€72,474
down €72,474 (-24.6%), from €294,536 to €222,062
- Taxes -€21,943
down €21,943 (-91.6%), from €23,952 to €2,009
- Depreciation +€20,463
up €20,463 (+6.1%), from €334,869 to €355,332
- Financial income -€15,115
down €15,115 (-16.8%), from €90,118 to €75,003
- Financial charges -€7,387
down €7,387 (-23.3%), from €31,711 to €24,324
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 | €6,419,335 | €5,490,936 | -€928,399 | -14.5% |
| Fixed assets | 21/28 | €3,423,444 | €3,245,709 | -€177,736 | -5.2% |
| Tangible fixed assets | 22/27 | €3,416,791 | €3,239,055 | -€177,736 | -5.2% |
| Land and buildings | 22 | €3,311,189 | €3,235,942 | -€75,247 | -2.3% |
| Plant, machinery and equipment | 23 | €105,601 | €3,113 | -€102,488 | -97.1% |
| Financial fixed assets | 28 | €6,654 | €6,654 | = | 0.0% |
| Current assets | 29/58 | €2,995,890 | €2,245,227 | -€750,664 | -25.1% |
| Amounts receivable after more than one year | 29 | €2,187,336 | €1,815,641 | -€371,695 | -17.0% |
| Other amounts receivable | 291 | €2,187,336 | €1,815,641 | -€371,695 | -17.0% |
| Amounts receivable within one year | 40/41 | €778,276 | €392,374 | -€385,901 | -49.6% |
| Trade receivables | 40 | €83,215 | €20,679 | -€62,536 | -75.2% |
| Other amounts receivable | 41 | €695,060 | €371,695 | -€323,365 | -46.5% |
| Cash at bank and in hand | 54/58 | €29,496 | €36,667 | +€7,171 | +24.3% |
| Deferred charges and accrued income | 490/1 | €783 | €545 | -€237 | -30.3% |
| Total equity and liabilities | 10/49 | €6,419,335 | €5,490,936 | -€928,399 | -14.5% |
| Equity | 10/15 | €1,826,007 | €1,887,329 | +€61,322 | +3.4% |
| Contributions | 10/11 | €1,250,000 | €1,250,000 | = | 0.0% |
| Reserves | 13 | €576,007 | €637,329 | +€61,322 | +10.6% |
| Distributable reserves | 133 | €576,007 | €637,329 | +€61,322 | +10.6% |
| Amounts payable | 17/49 | €4,593,328 | €3,603,607 | -€989,721 | -21.5% |
| Amounts payable after more than one year | 17 | €843,436 | €621,374 | -€222,062 | -26.3% |
| Financial debts | 170/4 | €843,436 | €621,374 | -€222,062 | -26.3% |
| Amounts payable within one year | 42/48 | €3,749,892 | €2,982,233 | -€767,659 | -20.5% |
| Current portion of amounts payable after more than one year | 42 | €294,536 | €222,062 | -€72,474 | -24.6% |
| Trade debts | 44 | €1,500 | €140,065 | +€138,565 | +9,238% |
| Suppliers | 440/4 | €1,500 | €140,065 | +€138,565 | +9,238% |
| Taxes, remuneration and social security | 45 | €0 | €111,108 | +€111,108 | |
| Taxes | 450/3 | €0 | €111,108 | +€111,108 | |
| Other amounts payable | 47/48 | €3,453,856 | €2,508,998 | -€944,858 | -27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €334,869 | €355,332 | +€20,463 | +6.1% |
| Other operating charges | 640/8 | €76,828 | €78,972 | +€2,144 | +2.8% |
| Gross operating margin | 9900 | €448,817 | €446,955 | -€1,862 | -0.4% |
| Operating profit (loss) | 9901 | €37,120 | €12,651 | -€24,469 | -65.9% |
| Financial income | 75/76B | €90,118 | €75,003 | -€15,115 | -16.8% |
| Recurring financial income | 75 | €90,118 | €75,003 | -€15,115 | -16.8% |
| Financial charges | 65/66B | €31,711 | €24,324 | -€7,387 | -23.3% |
| Recurring financial charges | 65 | €31,711 | €24,324 | -€7,387 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | €95,527 | €63,330 | -€32,197 | -33.7% |
| Income taxes | 67/77 | €23,952 | €2,009 | -€21,943 | -91.6% |
| Profit (loss) for the period | 9904 | €71,576 | €61,322 | -€10,254 | -14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €71,576 | €61,322 | -€10,254 | -14.3% |
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.