HEVEKO: 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.
HEVEKO
Largest movements
- Cash +€18,081
up €18,081 (+58.7%), from €30,794 to €48,875
mainly Net result for the year (+€9,708) and Investment in fixed assets (net) (+€4,738)
- Financial fixed assets -€5,447
down €5,447 (-94.0%), from €5,794 to €347
- Profit (loss) carried forward +€9,708
up €9,708 (+8.4%), from -€116,109 to -€106,401
- Gross operating margin +€1,558
up €1,558 (+5.7%), from €27,375 to €28,933
- Depreciation -€1,412
down €1,412 (-31.0%), from €4,549 to €3,136
- Other operating charges +€611
up €611 (+4.0%), from €15,431 to €16,042
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €235,203 | €245,410 | +€10,208 | +4.3% |
| Fixed assets | 21/28 | €204,356 | €196,481 | -€7,875 | -3.9% |
| Tangible fixed assets | 22/27 | €198,562 | €196,134 | -€2,428 | -1.2% |
| Land and buildings | 22 | €198,562 | €195,433 | -€3,129 | -1.6% |
| Plant, machinery and equipment | 23 | - | €701 | +€701 | |
| Financial fixed assets | 28 | €5,794 | €347 | -€5,447 | -94.0% |
| Current assets | 29/58 | €30,847 | €48,929 | +€18,082 | +58.6% |
| Cash at bank and in hand | 54/58 | €30,794 | €48,875 | +€18,081 | +58.7% |
| Deferred charges and accrued income | 490/1 | €53 | €54 | +€2 | +3.4% |
| Total equity and liabilities | 10/49 | €235,203 | €245,410 | +€10,208 | +4.3% |
| Equity | 10/15 | €224,744 | €234,452 | +€9,708 | +4.3% |
| Contributions | 10/11 | €309,867 | €309,867 | = | 0.0% |
| Capital | 10 | €309,867 | €309,867 | = | 0.0% |
| Issued capital | 100 | €309,867 | €309,867 | = | 0.0% |
| Reserves | 13 | €30,987 | €30,987 | = | 0.0% |
| Non-distributable reserves | 130/1 | €30,987 | €30,987 | = | 0.0% |
| Legal reserve | 130 | €30,987 | €30,987 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€116,109 | -€106,401 | +€9,708 | +8.4% |
| Amounts payable | 17/49 | €10,458 | €10,958 | +€500 | +4.8% |
| Amounts payable within one year | 42/48 | €10,458 | €10,958 | +€500 | +4.8% |
| Trade debts | 44 | - | €500 | +€500 | |
| Suppliers | 440/4 | - | €500 | +€500 | |
| Other amounts payable | 47/48 | €10,458 | €10,458 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,549 | €3,136 | -€1,412 | -31.0% |
| Other operating charges | 640/8 | €15,431 | €16,042 | +€611 | +4.0% |
| Gross operating margin | 9900 | €27,375 | €28,933 | +€1,558 | +5.7% |
| Operating profit (loss) | 9901 | €7,396 | €9,755 | +€2,359 | +31.9% |
| Financial charges | 65/66B | €49 | €47 | -€3 | -5.4% |
| Recurring financial charges | 65 | €49 | €47 | -€3 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €7,347 | €9,708 | +€2,361 | +32.1% |
| Profit (loss) for the period | 9904 | €7,347 | €9,708 | +€2,361 | +32.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,347 | €9,708 | +€2,361 | +32.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.