HEWIKO: 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.
HEWIKO
Largest movements
- Cash +€39,191
up €39,191 (+66.8%), from €58,662 to €97,853
mainly Net result for the year (+€29,125) and Receivables within one year (+€20,031)
- Receivables within one year -€20,031
down €20,031 (-54.0%), from €37,082 to €17,051
of which Trade receivables: -€23,711
- Deferred charges and accrued income +€12,220
up €12,220 (+1207.7%), from €1,012 to €13,232
- Reserves +€29,125
up €29,125 (+60.6%), from €48,064 to €77,189
- Gross operating margin -€25,232
down €25,232 (-36.3%), from €69,445 to €44,214
- Taxes -€10,990
down €10,990 (-55.5%), from €19,809 to €8,819
- Financial charges +€4,746
up €4,746 (+118655.3%), from €4 to €4,750
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 | €99,470 | €129,813 | +€30,343 | +30.5% |
| Fixed assets | 21/28 | €2,714 | €1,677 | -€1,037 | -38.2% |
| Tangible fixed assets | 22/27 | €2,714 | €1,677 | -€1,037 | -38.2% |
| Furniture and vehicles | 24 | €2,714 | €1,677 | -€1,037 | -38.2% |
| Current assets | 29/58 | €96,756 | €128,136 | +€31,380 | +32.4% |
| Amounts receivable within one year | 40/41 | €37,082 | €17,051 | -€20,031 | -54.0% |
| Trade receivables | 40 | €37,082 | €13,371 | -€23,711 | -63.9% |
| Other amounts receivable | 41 | - | €3,681 | +€3,681 | |
| Cash at bank and in hand | 54/58 | €58,662 | €97,853 | +€39,191 | +66.8% |
| Deferred charges and accrued income | 490/1 | €1,012 | €13,232 | +€12,220 | +1207.7% |
| Total equity and liabilities | 10/49 | €99,470 | €129,813 | +€30,343 | +30.5% |
| Equity | 10/15 | €53,064 | €82,189 | +€29,125 | +54.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €48,064 | €77,189 | +€29,125 | +60.6% |
| Distributable reserves | 133 | €48,064 | €77,189 | +€29,125 | +60.6% |
| Amounts payable | 17/49 | €46,407 | €47,624 | +€1,217 | +2.6% |
| Amounts payable within one year | 42/48 | €46,308 | €47,624 | +€1,317 | +2.8% |
| Trade debts | 44 | €1,132 | €1,090 | -€43 | -3.8% |
| Suppliers | 440/4 | €1,132 | €1,090 | -€43 | -3.8% |
| Taxes, remuneration and social security | 45 | €27,322 | €27,652 | +€330 | +1.2% |
| Taxes | 450/3 | €27,322 | €27,652 | +€330 | +1.2% |
| Other amounts payable | 47/48 | €17,853 | €18,882 | +€1,029 | +5.8% |
| Accrued charges and deferred income | 492/3 | €99 | - | -€99 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €398 | €1,037 | +€639 | +160.7% |
| Other operating charges | 640/8 | €1,171 | €481 | -€689 | -58.9% |
| Gross operating margin | 9900 | €69,445 | €44,214 | -€25,232 | -36.3% |
| Operating profit (loss) | 9901 | €67,877 | €42,695 | -€25,182 | -37.1% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €4 | €4,750 | +€4,746 | +118655.3% |
| Recurring financial charges | 65 | €4 | €4,750 | +€4,746 | +118655.3% |
| Profit (loss) for the period before taxes | 9903 | €67,873 | €37,945 | -€29,928 | -44.1% |
| Income taxes | 67/77 | €19,809 | €8,819 | -€10,990 | -55.5% |
| Profit (loss) for the period | 9904 | €48,064 | €29,125 | -€18,938 | -39.4% |
| Profit (loss) for the period to be appropriated | 9905 | €48,064 | €29,125 | -€18,938 | -39.4% |
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 12 October 2026 via checked.be.