HESYBEJE: 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.
HESYBEJE
Largest movements
- Cash +€169,508
up €169,508 (+576%), from €29,448 to €198,956
mainly Net result for the year (+€72,300) and Trade debts (+€61,602)
- Receivables within one year +€113,176
new in 2025: €113,176
of which Trade receivables: +€63,295
- Profit (loss) carried forward +€72,299
up €72,299 (+883%), from €8,186 to €80,485
- Trade debts +€61,602
new in 2025: €61,602
- Accrued charges and deferred income +€57,451
new in 2025: €57,451
- Provisions +€50,000
new in 2025: €50,000
- Tax, wage and social debts +€38,999
up €38,999 (+414%), from €9,417 to €48,416
of which Taxes: +€35,489
- Gross operating margin +€130,244
up €130,244 (+319%), from €40,792 to €171,036
- Provisions +€50,000
new in 2025: €50,000
- Staff costs +€22,265
new in 2025: €22,265
- Taxes +€18,400
up €18,400 (+229%), from €8,026 to €26,426
- Depreciation -€9,648
no longer reported in 2025 (was €9,648)
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 | €29,473 | €312,132 | +€282,659 | +959% |
| Current assets | 29/58 | €29,473 | €312,132 | +€282,659 | +959% |
| Amounts receivable within one year | 40/41 | - | €113,176 | +€113,176 | |
| Trade receivables | 40 | - | €63,295 | +€63,295 | |
| Other amounts receivable | 41 | - | €49,880 | +€49,880 | |
| Cash at bank and in hand | 54/58 | €29,448 | €198,956 | +€169,508 | +576% |
| Deferred charges and accrued income | 490/1 | €25 | - | -€25 | |
| Total equity and liabilities | 10/49 | €29,473 | €312,132 | +€282,659 | +959% |
| Equity | 10/15 | €20,046 | €92,345 | +€72,299 | +361% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Contributions outside capital | 11 | €10,000 | - | -€10,000 | |
| Other | 1109/19 | €10,000 | - | -€10,000 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €8,186 | €80,485 | +€72,299 | +883% |
| Provisions and deferred taxes | 16 | - | €50,000 | +€50,000 | |
| Provisions for liabilities and charges | 160/5 | - | €50,000 | +€50,000 | |
| Other liabilities and charges | 164/5 | - | €50,000 | +€50,000 | |
| Amounts payable | 17/49 | €9,427 | €169,787 | +€160,360 | +1,701% |
| Amounts payable within one year | 42/48 | €9,427 | €112,336 | +€102,909 | +1,092% |
| Trade debts | 44 | - | €61,602 | +€61,602 | |
| Suppliers | 440/4 | - | €61,602 | +€61,602 | |
| Taxes, remuneration and social security | 45 | €9,417 | €48,416 | +€38,999 | +414% |
| Taxes | 450/3 | €9,417 | €44,906 | +€35,489 | +377% |
| Remuneration and social security | 454/9 | - | €3,510 | +€3,510 | |
| Other amounts payable | 47/48 | €10 | €2,318 | +€2,308 | +23,080% |
| Accrued charges and deferred income | 492/3 | - | €57,451 | +€57,451 | |
| Remuneration, social security and pensions | 62 | - | €22,265 | +€22,265 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,648 | - | -€9,648 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €50,000 | +€50,000 | |
| Other operating charges | 640/8 | €1,173 | - | -€1,173 | |
| Gross operating margin | 9900 | €40,792 | €171,036 | +€130,244 | +319% |
| Operating profit (loss) | 9901 | €29,971 | €98,771 | +€68,800 | +230% |
| Financial charges | 65/66B | €810 | €45 | -€765 | -94.4% |
| Recurring financial charges | 65 | €810 | €45 | -€765 | -94.4% |
| Profit (loss) for the period before taxes | 9903 | €29,161 | €98,726 | +€69,565 | +239% |
| Income taxes | 67/77 | €8,026 | €26,426 | +€18,400 | +229% |
| Profit (loss) for the period | 9904 | €21,135 | €72,300 | +€51,165 | +242% |
| Profit (loss) for the period to be appropriated | 9905 | €21,135 | €72,300 | +€51,165 | +242% |
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 26 October 2026 via checked.be.