HET ©ONCEPT: 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.
HET ©ONCEPT
Largest movements
- Receivables within one year +€15,151
up €15,151 (+413%), from €3,666 to €18,817
- Cash -€6,209
down €6,209 (-26.9%), from €23,046 to €16,837
mainly Receivables within one year (-€15,151) and Net result for the year (-€10,933)
- Deferred charges and accrued income -€2,115
no longer reported in 2025 (was €2,115)
- Stocks and contracts -€1,212
down €1,212 (-31.2%), from €3,888 to €2,676
- Tangible fixed assets -€748
down €748 (-11.2%), from €6,652 to €5,904
of which Furniture and vehicles: -€960
- Trade debts +€11,115
up €11,115 (+137%), from €8,115 to €19,230
- Profit (loss) carried forward -€10,933
down €10,933, from €632 to -€10,301
- Other debts +€2,933
up €2,933 (+27.2%), from €10,789 to €13,722
- Tax, wage and social debts +€1,752
up €1,752 (+251%), from €697 to €2,449
- Gross operating margin -€11,548
down €11,548, from €3,737 to -€7,811
- Taxes -€1,313
no longer reported in 2025 (was €1,313)
- Financial charges +€342
up €342 (+145%), from €236 to €578
- Depreciation -€216
down €216 (-8.4%), from €2,562 to €2,346
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 | €42,025 | €46,892 | +€4,867 | +11.6% |
| Fixed assets | 21/28 | €9,310 | €8,562 | -€748 | -8.0% |
| Tangible fixed assets | 22/27 | €6,652 | €5,904 | -€748 | -11.2% |
| Land and buildings | 22 | €2,104 | €2,916 | +€812 | +38.6% |
| Plant, machinery and equipment | 23 | €1,185 | €585 | -€600 | -50.6% |
| Furniture and vehicles | 24 | €3,363 | €2,403 | -€960 | -28.5% |
| Financial fixed assets | 28 | €2,658 | €2,658 | = | 0.0% |
| Current assets | 29/58 | €32,715 | €38,330 | +€5,615 | +17.2% |
| Stocks and contracts in progress | 3 | €3,888 | €2,676 | -€1,212 | -31.2% |
| Stocks | 30/36 | €3,888 | €2,676 | -€1,212 | -31.2% |
| Amounts receivable within one year | 40/41 | €3,666 | €18,817 | +€15,151 | +413% |
| Trade receivables | 40 | €3,666 | €18,817 | +€15,151 | +413% |
| Cash at bank and in hand | 54/58 | €23,046 | €16,837 | -€6,209 | -26.9% |
| Deferred charges and accrued income | 490/1 | €2,115 | - | -€2,115 | |
| Total equity and liabilities | 10/49 | €42,025 | €46,892 | +€4,867 | +11.6% |
| Equity | 10/15 | €22,424 | €11,491 | -€10,933 | -48.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,792 | €1,792 | = | 0.0% |
| Distributable reserves | 133 | €1,792 | €1,792 | = | 0.0% |
| Profit (loss) carried forward | 14 | €632 | -€10,301 | -€10,933 | |
| Amounts payable | 17/49 | €19,601 | €35,401 | +€15,800 | +80.6% |
| Amounts payable within one year | 42/48 | €19,601 | €35,401 | +€15,800 | +80.6% |
| Trade debts | 44 | €8,115 | €19,230 | +€11,115 | +137% |
| Suppliers | 440/4 | €8,115 | €19,230 | +€11,115 | +137% |
| Taxes, remuneration and social security | 45 | €697 | €2,449 | +€1,752 | +251% |
| Taxes | 450/3 | €697 | €2,449 | +€1,752 | +251% |
| Other amounts payable | 47/48 | €10,789 | €13,722 | +€2,933 | +27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,562 | €2,346 | -€216 | -8.4% |
| Other operating charges | 640/8 | €311 | €328 | +€17 | +5.5% |
| Gross operating margin | 9900 | €3,737 | -€7,811 | -€11,548 | |
| Operating profit (loss) | 9901 | €864 | -€10,485 | -€11,349 | |
| Financial income | 75/76B | €89 | €130 | +€41 | +46.1% |
| Recurring financial income | 75 | €89 | €130 | +€41 | +46.1% |
| Financial charges | 65/66B | €236 | €578 | +€342 | +145% |
| Recurring financial charges | 65 | €236 | €578 | +€342 | +145% |
| Profit (loss) for the period before taxes | 9903 | €717 | -€10,933 | -€11,650 | |
| Income taxes | 67/77 | €1,313 | - | -€1,313 | |
| Profit (loss) for the period | 9904 | -€596 | -€10,933 | -€10,337 | -1,734% |
| Profit (loss) for the period to be appropriated | 9905 | -€596 | -€10,933 | -€10,337 | -1,734% |
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.