Hewi Management: 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.
Hewi Management
Largest movements
- Receivables after one year +€221,143
up €221,143 (+21.2%), from €1.0m to €1.3m
- Financial fixed assets +€180,270
up €180,270 (+10.0%), from €1.8m to €2.0m
- Receivables within one year +€65,711
up €65,711 (+4.4%), from €1.5m to €1.6m
of which Other amounts receivable: +€128,218
- Other debts +€437,844
new in 2025: €437,844
- Profit (loss) carried forward +€55,981
up €55,981 (+1.4%), from €4.1m to €4.1m
- Financial income +€83,148
up €83,148 (+370.3%), from €22,453 to €105,602
- Taxes +€11,379
new in 2025: €11,379
- Financial charges +€4,297
up €4,297 (+25.0%), from €17,193 to €21,490
- Gross operating margin -€2,860
down €2,860 (-20.9%), from -€13,656 to -€16,516
- Other operating charges +€173
up €173 (+278.9%), from €62 to €235
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 | €4,356,840 | €4,821,423 | +€464,584 | +10.7% |
| Fixed assets | 21/28 | €1,811,111 | €1,991,381 | +€180,270 | +10.0% |
| Financial fixed assets | 28 | €1,811,111 | €1,991,381 | +€180,270 | +10.0% |
| Current assets | 29/58 | €2,545,729 | €2,830,042 | +€284,314 | +11.2% |
| Amounts receivable after more than one year | 29 | €1,044,321 | €1,265,464 | +€221,143 | +21.2% |
| Trade receivables | 290 | €1,044,321 | €1,265,464 | +€221,143 | +21.2% |
| Amounts receivable within one year | 40/41 | €1,497,507 | €1,563,218 | +€65,711 | +4.4% |
| Trade receivables | 40 | €62,507 | - | -€62,507 | |
| Other amounts receivable | 41 | €1,435,000 | €1,563,218 | +€128,218 | +8.9% |
| Cash at bank and in hand | 54/58 | €3,814 | €1,360 | -€2,454 | -64.3% |
| Deferred charges and accrued income | 490/1 | €87 | - | -€87 | |
| Total equity and liabilities | 10/49 | €4,356,840 | €4,821,423 | +€464,584 | +10.7% |
| Equity | 10/15 | €4,066,220 | €4,122,200 | +€55,981 | +1.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,058,160 | €4,114,140 | +€55,981 | +1.4% |
| Amounts payable | 17/49 | €290,620 | €699,223 | +€408,603 | +140.6% |
| Amounts payable within one year | 42/48 | €290,620 | €699,223 | +€408,603 | +140.6% |
| Financial debts | 43 | €250,000 | €250,000 | = | 0.0% |
| Credit institutions | 430/8 | €250,000 | €250,000 | = | 0.0% |
| Trade debts | 44 | €40,262 | €11,379 | -€28,883 | -71.7% |
| Suppliers | 440/4 | €40,262 | €11,379 | -€28,883 | -71.7% |
| Taxes, remuneration and social security | 45 | €358 | - | -€358 | |
| Taxes | 450/3 | €358 | - | -€358 | |
| Other amounts payable | 47/48 | - | €437,844 | +€437,844 | |
| Other operating charges | 640/8 | €62 | €235 | +€173 | +278.9% |
| Gross operating margin | 9900 | -€13,656 | -€16,516 | -€2,860 | -20.9% |
| Operating profit (loss) | 9901 | -€13,718 | -€16,752 | -€3,033 | -22.1% |
| Financial income | 75/76B | €22,453 | €105,602 | +€83,148 | +370.3% |
| Recurring financial income | 75 | €22,453 | €105,602 | +€83,148 | +370.3% |
| Financial charges | 65/66B | €17,193 | €21,490 | +€4,297 | +25.0% |
| Recurring financial charges | 65 | €17,193 | €21,490 | +€4,297 | +25.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,458 | €67,360 | +€75,817 | |
| Income taxes | 67/77 | - | €11,379 | +€11,379 | |
| Profit (loss) for the period | 9904 | -€8,458 | €55,981 | +€64,438 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,458 | €55,981 | +€64,438 |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.