This instrument review report describes the status of HED-HIBEF, the High Energy Density (HED) instrument at the European X-Ray Free-Electron Laser (EuXFEL) facility in Schenefeld, Germany, augmented and completed by the contributions of the Helmholtz International Beamline for Extreme Fields (HIBEF). While EuXFEL obtained first X-ray lasing in May 2017, HED-HIBEF only started user operation in May 2019 and will be reviewed for the first time in March 2024. The review report follows a standard template describing the instrument features, specifications, and performance. The staff profile and scientific output are outlined as well as the user statistics. Future development plans and directions are also discussed. A thorough review article of the HED-HIBEF instrument was published three years ago (U. Zastrau et al., 2021). Consequently, this report concentrates only on new developments, recent scientific output and performance, open issues, and the future strategy with respect to the scientific landscape at EuXFEL and worldwide.