HEWY: 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.
HEWY
Largest movements
- Receivables within one year +€205,647
up €205,647 (+472.1%), from €43,557 to €249,204
of which Trade receivables: +€197,977
- Stocks and contracts -€92,728
down €92,728 (-6.4%), from €1.5m to €1.4m
- Cash -€26,103
down €26,103 (-88.7%), from €29,412 to €3,309
mainly Short-term financial debts (-€1.0m) and Receivables within one year (-€205,647)
- Current portion of long-term debt +€1.0m
new in 2024: €1.0m
- Short-term financial debts -€1.0m
no longer reported in 2024 (was €1.0m)
- Debts after one year +€96,417
new in 2024: €96,417
- Trade debts -€26,387
down €26,387 (-4.9%), from €534,763 to €508,376
- Turnover +€368,736
up €368,736 (+119.1%), from €309,622 to €678,358
- Purchases and services +€330,860
up €330,860 (+147.7%), from €224,057 to €554,917
- Staff costs +€55,025
new in 2024: €55,025
- Gross operating margin +€39,570
up €39,570 (+46.2%), from €85,566 to €125,136
- Financial charges -€9,351
down €9,351 (-14.6%), from €63,998 to €54,647
of which Financial charges: -€9,260
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 | €1,530,063 | €1,618,785 | +€88,722 | +5.8% |
| Fixed assets | 21/28 | - | €1,906 | +€1,906 | |
| Tangible fixed assets | 22/27 | - | €1,701 | +€1,701 | |
| Plant, machinery and equipment | 23 | - | €1,701 | +€1,701 | |
| Financial fixed assets | 28 | - | €205 | +€205 | |
| Current assets | 29/58 | €1,530,063 | €1,616,879 | +€86,816 | +5.7% |
| Stocks and contracts in progress | 3 | €1,457,094 | €1,364,366 | -€92,728 | -6.4% |
| Stocks | 30/36 | €1,457,094 | €1,364,366 | -€92,728 | -6.4% |
| Amounts receivable within one year | 40/41 | €43,557 | €249,204 | +€205,647 | +472.1% |
| Trade receivables | 40 | €43,300 | €241,277 | +€197,977 | +457.2% |
| Other amounts receivable | 41 | €257 | €7,927 | +€7,670 | +2981.0% |
| Cash at bank and in hand | 54/58 | €29,412 | €3,309 | -€26,103 | -88.7% |
| Total equity and liabilities | 10/49 | €1,530,063 | €1,618,785 | +€88,722 | +5.8% |
| Equity | 10/15 | -€7,399 | €7,613 | +€15,012 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,399 | €5,613 | +€15,012 | |
| Amounts payable | 17/49 | €1,537,462 | €1,611,172 | +€73,710 | +4.8% |
| Amounts payable after more than one year | 17 | - | €96,417 | +€96,417 | |
| Other amounts payable | 178/9 | - | €96,417 | +€96,417 | |
| Amounts payable within one year | 42/48 | €1,537,462 | €1,514,755 | -€22,707 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | - | €1,000,000 | +€1.0m | |
| Financial debts | 43 | €1,000,000 | - | -€1.0m | |
| Other loans | 439 | €1,000,000 | - | -€1.0m | |
| Trade debts | 44 | €534,763 | €508,376 | -€26,387 | -4.9% |
| Suppliers | 440/4 | €534,763 | €508,376 | -€26,387 | -4.9% |
| Taxes, remuneration and social security | 45 | €2,699 | €6,379 | +€3,680 | +136.3% |
| Taxes | 450/3 | €2,699 | - | -€2,699 | |
| Remuneration and social security | 454/9 | - | €6,379 | +€6,379 | |
| Turnover | 70 | €309,622 | €678,358 | +€368,736 | +119.1% |
| Non-recurring operating income | 76A | - | €242 | +€242 | |
| Goods, raw materials, services and sundry goods | 60/61 | €224,057 | €554,917 | +€330,860 | +147.7% |
| Remuneration, social security and pensions | 62 | - | €55,025 | +€55,025 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €332 | +€332 | |
| Other operating charges | 640/8 | €748 | €119 | -€629 | -84.0% |
| Gross operating margin | 9900 | €85,566 | €125,136 | +€39,570 | +46.2% |
| Operating profit (loss) | 9901 | €84,818 | €69,660 | -€15,158 | -17.9% |
| Financial charges | 65/66B | €63,998 | €54,647 | -€9,351 | -14.6% |
| Recurring financial charges | 65 | €63,907 | €54,647 | -€9,260 | -14.5% |
| Non-recurring financial charges | 66B | €91 | - | -€91 | |
| Profit (loss) for the period before taxes | 9903 | €20,820 | €15,012 | -€5,808 | -27.9% |
| Profit (loss) for the period | 9904 | €20,820 | €15,012 | -€5,808 | -27.9% |
| Profit (loss) for the period to be appropriated | 9905 | €20,820 | €15,012 | -€5,808 | -27.9% |
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 2 October 2026 via checked.be.