HESYMAN: 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.
HESYMAN
Largest movements
- Cash +€38,148
up €38,148 (+84.8%), from €44,994 to €83,142
mainly Net result for the year (+€39,624) and Trade debts (+€9,927)
- Deferred charges and accrued income +€8,218
up €8,218 (+404%), from €2,035 to €10,253
- Reserves +€37,958
up €37,958 (+111%), from €34,096 to €72,055
- Trade debts +€9,927
up €9,927 (+403%), from €2,465 to €12,392
- Tax, wage and social debts -€2,971
down €2,971 (-10.1%), from €29,425 to €26,455
of which Remuneration and social security: -€3,514
- Debts after one year +€2,500
up €2,500 (+83.3%), from €3,000 to €5,500
- Other debts -€2,434
down €2,434 (-52.6%), from €4,632 to €2,198
- Gross operating margin +€8,310
up €8,310 (+16.2%), from €51,247 to €59,557
- Depreciation +€2,637
up €2,637 (+526%), from €501 to €3,138
- Taxes +€1,705
up €1,705 (+12.2%), from €13,955 to €15,660
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 | €76,824 | €122,002 | +€45,178 | +58.8% |
| Fixed assets | 21/28 | €11,645 | €11,364 | -€281 | -2.4% |
| Tangible fixed assets | 22/27 | €11,645 | €11,364 | -€281 | -2.4% |
| Plant, machinery and equipment | 23 | €11,645 | €9,511 | -€2,134 | -18.3% |
| Other tangible fixed assets | 26 | - | €1,853 | +€1,853 | |
| Current assets | 29/58 | €65,178 | €110,638 | +€45,459 | +69.7% |
| Amounts receivable within one year | 40/41 | €18,150 | €17,243 | -€908 | -5.0% |
| Trade receivables | 40 | €18,150 | €17,243 | -€908 | -5.0% |
| Cash at bank and in hand | 54/58 | €44,994 | €83,142 | +€38,148 | +84.8% |
| Deferred charges and accrued income | 490/1 | €2,035 | €10,253 | +€8,218 | +404% |
| Total equity and liabilities | 10/49 | €76,824 | €122,002 | +€45,178 | +58.8% |
| Equity | 10/15 | €37,096 | €75,055 | +€37,958 | +102% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €34,096 | €72,055 | +€37,958 | +111% |
| Distributable reserves | 133 | €34,096 | €72,055 | +€37,958 | +111% |
| Amounts payable | 17/49 | €39,728 | €46,947 | +€7,220 | +18.2% |
| Amounts payable after more than one year | 17 | €3,000 | €5,500 | +€2,500 | +83.3% |
| Other amounts payable | 178/9 | €3,000 | €5,500 | +€2,500 | +83.3% |
| Amounts payable within one year | 42/48 | €36,523 | €41,045 | +€4,523 | +12.4% |
| Trade debts | 44 | €2,465 | €12,392 | +€9,927 | +403% |
| Suppliers | 440/4 | €2,465 | €12,392 | +€9,927 | +403% |
| Taxes, remuneration and social security | 45 | €29,425 | €26,455 | -€2,971 | -10.1% |
| Taxes | 450/3 | €22,444 | €22,988 | +€543 | +2.4% |
| Remuneration and social security | 454/9 | €6,981 | €3,467 | -€3,514 | -50.3% |
| Other amounts payable | 47/48 | €4,632 | €2,198 | -€2,434 | -52.6% |
| Accrued charges and deferred income | 492/3 | €205 | €402 | +€197 | +96.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €501 | €3,138 | +€2,637 | +526% |
| Other operating charges | 640/8 | €290 | €610 | +€320 | +110% |
| Gross operating margin | 9900 | €51,247 | €59,557 | +€8,310 | +16.2% |
| Operating profit (loss) | 9901 | €50,456 | €55,809 | +€5,354 | +10.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €687 | €525 | -€162 | -23.6% |
| Recurring financial charges | 65 | €687 | €525 | -€162 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | €49,769 | €55,285 | +€5,516 | +11.1% |
| Income taxes | 67/77 | €13,955 | €15,660 | +€1,705 | +12.2% |
| Profit (loss) for the period | 9904 | €35,814 | €39,624 | +€3,810 | +10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €35,814 | €39,624 | +€3,810 | +10.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.