HETRACO: 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.
HETRACO
Largest movements
- Receivables within one year -€30,727
down €30,727 (-88.5%), from €34,709 to €3,982
- Other debts -€25,057
down €25,057 (-100%), from €25,057 to €0
- Profit (loss) carried forward -€6,923
down €6,923 (-103%), from -€6,740 to -€13,663
- Trade debts +€1,251
up €1,251 (+180%), from €694 to €1,945
- Financial income -€2,038
down €2,038 (-100%), from €2,038 to €0
- Other operating charges +€1,368
up €1,368 (+228%), from €600 to €1,968
- Financial charges +€1,040
up €1,040 (+283%), from €368 to €1,408
- Gross operating margin +€897
up €897 (+20.2%), from -€4,444 to -€3,547
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 | €34,801 | €4,072 | -€30,729 | -88.3% |
| Current assets | 29/58 | €34,801 | €4,072 | -€30,729 | -88.3% |
| Amounts receivable within one year | 40/41 | €34,709 | €3,982 | -€30,727 | -88.5% |
| Other amounts receivable | 41 | €34,709 | €3,982 | -€30,727 | -88.5% |
| Cash at bank and in hand | 54/58 | €92 | €90 | -€2 | -2.3% |
| Total equity and liabilities | 10/49 | €34,801 | €4,072 | -€30,729 | -88.3% |
| Equity | 10/15 | €9,050 | €2,127 | -€6,923 | -76.5% |
| Contributions | 10/11 | €13,640 | €13,640 | = | 0.0% |
| Reserves | 13 | €2,150 | €2,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €290 | €290 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,740 | -€13,663 | -€6,923 | -103% |
| Amounts payable | 17/49 | €25,751 | €1,945 | -€23,806 | -92.4% |
| Amounts payable within one year | 42/48 | €25,751 | €1,945 | -€23,806 | -92.4% |
| Trade debts | 44 | €694 | €1,945 | +€1,251 | +180% |
| Suppliers | 440/4 | €694 | €1,945 | +€1,251 | +180% |
| Other amounts payable | 47/48 | €25,057 | €0 | -€25,057 | -100% |
| Other operating charges | 640/8 | €600 | €1,968 | +€1,368 | +228% |
| Gross operating margin | 9900 | -€4,444 | -€3,547 | +€897 | +20.2% |
| Operating profit (loss) | 9901 | -€5,044 | -€5,515 | -€471 | -9.3% |
| Financial income | 75/76B | €2,038 | €0 | -€2,038 | -100% |
| Recurring financial income | 75 | €2,038 | €0 | -€2,038 | -100% |
| Financial charges | 65/66B | €368 | €1,408 | +€1,040 | +283% |
| Recurring financial charges | 65 | €368 | €1,408 | +€1,040 | +283% |
| Profit (loss) for the period before taxes | 9903 | -€3,374 | -€6,923 | -€3,549 | -105% |
| Profit (loss) for the period | 9904 | -€3,374 | -€6,923 | -€3,549 | -105% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,374 | -€6,923 | -€3,549 | -105% |
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 15 October 2026 via checked.be.