Hethimex: 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.
Hethimex
Largest movements
- Cash +€10,132
up €10,132 (+65.4%), from €15,491 to €25,624
mainly Other debts (+€17,163) and Receivables within one year (+€1,526)
- Other debts +€17,163
up €17,163 (+6.4%), from €268,727 to €285,890
- Gross operating margin +€46,014
up €46,014, from -€35,162 to €10,852
- Staff costs -€21,245
down €21,245 (-82.3%), from €25,803 to €4,558
- Financial charges -€563
down €563 (-47.3%), from €1,189 to €626
- Depreciation +€407
up €407 (+78.7%), from €517 to €923
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 | €794,584 | €802,388 | +€7,804 | +1.0% |
| Fixed assets | 21/28 | €757,288 | €756,365 | -€923 | -0.1% |
| Tangible fixed assets | 22/27 | €757,288 | €756,365 | -€923 | -0.1% |
| Land and buildings | 22 | €744,106 | €744,106 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,491 | €745 | -€745 | -50.0% |
| Furniture and vehicles | 24 | €11,691 | €11,513 | -€178 | -1.5% |
| Current assets | 29/58 | €37,297 | €46,024 | +€8,727 | +23.4% |
| Amounts receivable within one year | 40/41 | €18,289 | €16,763 | -€1,526 | -8.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €18,289 | €16,763 | -€1,526 | -8.3% |
| Current investments | 50/53 | €3,202 | €3,202 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €15,491 | €25,624 | +€10,132 | +65.4% |
| Deferred charges and accrued income | 490/1 | €315 | €435 | +€120 | +38.2% |
| Total equity and liabilities | 10/49 | €794,584 | €802,388 | +€7,804 | +1.0% |
| Equity | 10/15 | €517,508 | €515,342 | -€2,165 | -0.4% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €7,500 | €7,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €435,008 | €432,842 | -€2,165 | -0.5% |
| Amounts payable | 17/49 | €277,077 | €287,046 | +€9,969 | +3.6% |
| Amounts payable within one year | 42/48 | €277,077 | €287,046 | +€9,969 | +3.6% |
| Financial debts | 43 | €138 | €0 | -€138 | -100.0% |
| Credit institutions | 430/8 | €138 | €0 | -€138 | -100.0% |
| Trade debts | 44 | €3,658 | €1,156 | -€2,502 | -68.4% |
| Suppliers | 440/4 | €3,658 | €1,156 | -€2,502 | -68.4% |
| Taxes, remuneration and social security | 45 | €4,553 | €0 | -€4,553 | -100.0% |
| Remuneration and social security | 454/9 | €4,553 | €0 | -€4,553 | -100.0% |
| Other amounts payable | 47/48 | €268,727 | €285,890 | +€17,163 | +6.4% |
| Remuneration, social security and pensions | 62 | €25,803 | €4,558 | -€21,245 | -82.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €517 | €923 | +€407 | +78.7% |
| Other operating charges | 640/8 | €6,927 | €7,011 | +€84 | +1.2% |
| Gross operating margin | 9900 | -€35,162 | €10,852 | +€46,014 | |
| Operating profit (loss) | 9901 | -€68,409 | -€1,640 | +€66,768 | +97.6% |
| Financial income | 75/76B | - | €101 | +€101 | |
| Recurring financial income | 75 | - | €101 | +€101 | |
| Financial charges | 65/66B | €1,189 | €626 | -€563 | -47.3% |
| Recurring financial charges | 65 | €1,189 | €626 | -€563 | -47.3% |
| Profit (loss) for the period before taxes | 9903 | -€69,597 | -€2,165 | +€67,432 | +96.9% |
| Profit (loss) for the period | 9904 | -€69,597 | -€2,165 | +€67,432 | +96.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€69,597 | -€2,165 | +€67,432 | +96.9% |
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 3 October 2026 via checked.be.