HESTILO IMMO: 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.
HESTILO IMMO
Largest movements
- Tangible fixed assets -€30,228
down €30,228 (-5.5%), from €554,544 to €524,316
of which Land and buildings: -€31,851
- Cash +€28,889
up €28,889 (+1756.4%), from €1,645 to €30,533
mainly Depreciation (+€33,202) and Other debts (+€27,053)
- Debts after one year -€39,913
down €39,913 (-10.8%), from €369,476 to €329,563
- Other debts +€27,053
up €27,053 (+36.3%), from €74,592 to €101,645
- Reserves +€9,320
up €9,320 (+30.0%), from €31,095 to €40,415
- Taxes +€4,209
up €4,209 (+1537.6%), from €274 to €4,483
- Financial charges -€3,378
down €3,378 (-24.8%), from €13,645 to €10,267
- Gross operating margin +€2,652
up €2,652 (+4.3%), from €61,090 to €63,742
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 | €558,025 | €556,724 | -€1,302 | -0.2% |
| Fixed assets | 21/28 | €554,544 | €524,316 | -€30,228 | -5.5% |
| Tangible fixed assets | 22/27 | €554,544 | €524,316 | -€30,228 | -5.5% |
| Land and buildings | 22 | €531,552 | €499,701 | -€31,851 | -6.0% |
| Plant, machinery and equipment | 23 | €1,947 | €596 | -€1,351 | -69.4% |
| Assets under construction and advance payments | 27 | €21,045 | €24,019 | +€2,974 | +14.1% |
| Current assets | 29/58 | €3,482 | €32,408 | +€28,926 | +830.8% |
| Amounts receivable within one year | 40/41 | €852 | €852 | = | 0.0% |
| Trade receivables | 40 | €125 | €125 | = | 0.0% |
| Other amounts receivable | 41 | €726 | €726 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,645 | €30,533 | +€28,889 | +1756.4% |
| Deferred charges and accrued income | 490/1 | €985 | €1,023 | +€37 | +3.8% |
| Total equity and liabilities | 10/49 | €558,025 | €556,724 | -€1,302 | -0.2% |
| Equity | 10/15 | €70,658 | €79,986 | +€9,328 | +13.2% |
| Contributions | 10/11 | €6,772 | €6,772 | = | 0.0% |
| Reserves | 13 | €31,095 | €40,415 | +€9,320 | +30.0% |
| Distributable reserves | 133 | €31,095 | €40,415 | +€9,320 | +30.0% |
| Profit (loss) carried forward | 14 | €32,791 | €32,800 | +€8 | 0.0% |
| Amounts payable | 17/49 | €487,367 | €476,738 | -€10,630 | -2.2% |
| Amounts payable after more than one year | 17 | €369,476 | €329,563 | -€39,913 | -10.8% |
| Financial debts | 170/4 | €369,476 | €329,563 | -€39,913 | -10.8% |
| Amounts payable within one year | 42/48 | €117,891 | €146,044 | +€28,153 | +23.9% |
| Current portion of amounts payable after more than one year | 42 | €39,384 | €39,913 | +€529 | +1.3% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €3,915 | €4,486 | +€571 | +14.6% |
| Taxes | 450/3 | €3,915 | €4,486 | +€571 | +14.6% |
| Other amounts payable | 47/48 | €74,592 | €101,645 | +€27,053 | +36.3% |
| Accrued charges and deferred income | 492/3 | - | €1,130 | +€1,130 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,399 | €33,202 | -€197 | -0.6% |
| Other operating charges | 640/8 | €6,265 | €6,463 | +€198 | +3.2% |
| Gross operating margin | 9900 | €61,090 | €63,742 | +€2,652 | +4.3% |
| Operating profit (loss) | 9901 | €21,426 | €24,078 | +€2,652 | +12.4% |
| Financial charges | 65/66B | €13,645 | €10,267 | -€3,378 | -24.8% |
| Recurring financial charges | 65 | €13,645 | €10,267 | -€3,378 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €7,781 | €13,811 | +€6,030 | +77.5% |
| Income taxes | 67/77 | €274 | €4,483 | +€4,209 | +1537.6% |
| Profit (loss) for the period | 9904 | €7,507 | €9,328 | +€1,821 | +24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,507 | €9,328 | +€1,821 | +24.3% |
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 6 October 2026 via checked.be.