HIERRO Ceramics Import: what changed
What changed
HIERRO Ceramics Import
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
filed annual accounts (NBB)
Net result for the year
€30,420
2024 · €34,251-€3,831
Equity
-€20,528
2024 · -€50,948+€30,420
Cash
€20,049
2024 · €872+€19,176
Balance sheet total
€4.4m
2024 · €3.6m+€800,537
Largest movements
Assets
- Receivables within one year +€855,221
up €855,221 (+1,435%), from €59,592 to €914,813
of which Other amounts receivable: +€870,047
- Tangible fixed assets -€114,739
down €114,739 (-3.5%), from €3.3m to €3.1m
Equity and liabilities
- Current portion of long-term debt +€915,048
up €915,048 (+608%), from €150,582 to €1.1m
- Debts after one year -€141,949
down €141,949 (-6.2%), from €2.3m to €2.2m
of which Financial debts: -€155,629
- Other debts +€58,644
up €58,644 (+5.4%), from €1.1m to €1.1m
Income statement
- Gross operating margin +€75,807
up €75,807 (+40.2%), from €188,347 to €264,154
- Financial charges +€56,066
up €56,066 (+113%), from €49,458 to €105,524
- Depreciation +€24,416
up €24,416 (+23.8%), from €102,623 to €127,039
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€34,251
Gross operating margin
+€75,807
Depreciation
-€24,416
Other operating charges
+€844
Financial income
+€0
Financial charges
-€56,066
Result 2025
€30,420
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€741,622
Investment
-€12,300
Financing
+€773,098
Cash 2024
€872
From operations (derived)
-€741,622
Net result for the year
+€30,420
Depreciation
+€127,039
Stocks and contracts
-€39,999
Receivables within one year
-€855,221
Smaller working-capital items
-€192
Trade debts
-€25,102
Other debts
+€58,644
Accrued charges and deferred income
-€37,210
Investment (derived)
-€12,300
Investment in fixed assets (net)
-€12,300
Financing
+€773,098
Debts after one year
-€141,949
Current portion of long-term debt
+€915,048
Cash 2025
€20,049
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,599,896 | €4,400,433 | +€800,537 | +22.2% |
| Fixed assets | 21/28 | €3,254,432 | €3,139,694 | -€114,739 | -3.5% |
| Tangible fixed assets | 22/27 | €3,253,932 | €3,139,194 | -€114,739 | -3.5% |
| Land and buildings | 22 | €3,253,932 | €3,139,194 | -€114,739 | -3.5% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €345,464 | €1,260,739 | +€915,275 | +265% |
| Stocks and contracts in progress | 3 | €285,000 | €324,999 | +€39,999 | +14.0% |
| Stocks | 30/36 | €285,000 | €324,999 | +€39,999 | +14.0% |
| Amounts receivable within one year | 40/41 | €59,592 | €914,813 | +€855,221 | +1,435% |
| Trade receivables | 40 | €59,592 | €44,765 | -€14,826 | -24.9% |
| Other amounts receivable | 41 | €0 | €870,047 | +€870,047 | |
| Cash at bank and in hand | 54/58 | €872 | €20,049 | +€19,176 | +2,198% |
| Deferred charges and accrued income | 490/1 | €0 | €879 | +€879 | |
| Total equity and liabilities | 10/49 | €3,599,896 | €4,400,433 | +€800,537 | +22.2% |
| Equity | 10/15 | -€50,948 | -€20,528 | +€30,420 | +59.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,948 | -€24,528 | +€30,420 | +55.4% |
| Amounts payable | 17/49 | €3,650,844 | €4,420,961 | +€770,117 | +21.1% |
| Amounts payable after more than one year | 17 | €2,307,680 | €2,165,730 | -€141,949 | -6.2% |
| Financial debts | 170/4 | €2,305,680 | €2,150,050 | -€155,629 | -6.7% |
| Other amounts payable | 178/9 | €2,000 | €15,680 | +€13,680 | +684% |
| Amounts payable within one year | 42/48 | €1,301,394 | €2,250,671 | +€949,277 | +72.9% |
| Current portion of amounts payable after more than one year | 42 | €150,582 | €1,065,629 | +€915,048 | +608% |
| Trade debts | 44 | €54,330 | €29,228 | -€25,102 | -46.2% |
| Suppliers | 440/4 | €54,330 | €29,228 | -€25,102 | -46.2% |
| Taxes, remuneration and social security | 45 | €18,136 | €18,823 | +€687 | +3.8% |
| Taxes | 450/3 | €18,136 | €18,823 | +€687 | +3.8% |
| Other amounts payable | 47/48 | €1,078,346 | €1,136,990 | +€58,644 | +5.4% |
| Accrued charges and deferred income | 492/3 | €41,770 | €4,560 | -€37,210 | -89.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102,623 | €127,039 | +€24,416 | +23.8% |
| Other operating charges | 640/8 | €2,016 | €1,172 | -€844 | -41.8% |
| Gross operating margin | 9900 | €188,347 | €264,154 | +€75,807 | +40.2% |
| Operating profit (loss) | 9901 | €83,709 | €135,943 | +€52,235 | +62.4% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €49,458 | €105,524 | +€56,066 | +113% |
| Recurring financial charges | 65 | €49,458 | €105,524 | +€56,066 | +113% |
| Profit (loss) for the period before taxes | 9903 | €34,251 | €30,420 | -€3,831 | -11.2% |
| Profit (loss) for the period | 9904 | €34,251 | €30,420 | -€3,831 | -11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €34,251 | €30,420 | -€3,831 | -11.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.