ALL HERO: 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.
ALL HERO
Largest movements
- Cash +€3,807
up €3,807 (+12.1%), from €31,374 to €35,181
mainly Net result for the year (+€27,293) and Depreciation (+€16,315)
- Receivables within one year -€2,400
down €2,400 (-7.5%), from €32,028 to €29,628
of which Trade receivables: -€3,725
- Reserves +€27,293
up €27,293 (+33.5%), from €81,440 to €108,733
- Other debts -€17,003
down €17,003 (-91.6%), from €18,560 to €1,557
- Current portion of long-term debt -€10,232
down €10,232 (-100%), from €10,232 to €0
- Trade debts +€1,586
up €1,586 (+425%), from €373 to €1,959
- Gross operating margin -€3,398
down €3,398 (-6.0%), from €56,235 to €52,837
- Depreciation +€1,855
up €1,855 (+12.8%), from €14,460 to €16,315
- Taxes -€1,325
down €1,325 (-15.2%), from €8,695 to €7,370
- Other operating charges +€1,042
up €1,042 (+471%), from €221 to €1,263
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.
Derived cash bridge
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 | €119,756 | €121,465 | +€1,708 | +1.4% |
| Fixed assets | 21/28 | €54,075 | €54,545 | +€470 | +0.9% |
| Intangible fixed assets | 21 | €1,136 | €786 | -€350 | -30.8% |
| Tangible fixed assets | 22/27 | €52,939 | €53,759 | +€820 | +1.5% |
| Land and buildings | 22 | €3,329 | €2,994 | -€335 | -10.1% |
| Plant, machinery and equipment | 23 | €1,358 | €11,334 | +€9,976 | +735% |
| Furniture and vehicles | 24 | €48,253 | €39,431 | -€8,822 | -18.3% |
| Current assets | 29/58 | €65,681 | €66,919 | +€1,238 | +1.9% |
| Amounts receivable within one year | 40/41 | €32,028 | €29,628 | -€2,400 | -7.5% |
| Trade receivables | 40 | €30,723 | €26,998 | -€3,725 | -12.1% |
| Other amounts receivable | 41 | €1,305 | €2,630 | +€1,325 | +101% |
| Cash at bank and in hand | 54/58 | €31,374 | €35,181 | +€3,807 | +12.1% |
| Deferred charges and accrued income | 490/1 | €2,279 | €2,110 | -€169 | -7.4% |
| Total equity and liabilities | 10/49 | €119,756 | €121,465 | +€1,708 | +1.4% |
| Equity | 10/15 | €84,440 | €111,733 | +€27,293 | +32.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €81,440 | €108,733 | +€27,293 | +33.5% |
| Distributable reserves | 133 | €81,440 | €108,733 | +€27,293 | +33.5% |
| Amounts payable | 17/49 | €35,316 | €9,731 | -€25,585 | -72.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €35,316 | €9,731 | -€25,585 | -72.4% |
| Current portion of amounts payable after more than one year | 42 | €10,232 | €0 | -€10,232 | -100% |
| Trade debts | 44 | €373 | €1,959 | +€1,586 | +425% |
| Suppliers | 440/4 | €373 | €1,959 | +€1,586 | +425% |
| Taxes, remuneration and social security | 45 | €6,151 | €6,216 | +€65 | +1.1% |
| Taxes | 450/3 | €6,135 | €6,216 | +€81 | +1.3% |
| Remuneration and social security | 454/9 | €16 | €0 | -€16 | -100% |
| Other amounts payable | 47/48 | €18,560 | €1,557 | -€17,003 | -91.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,460 | €16,315 | +€1,855 | +12.8% |
| Other operating charges | 640/8 | €221 | €1,263 | +€1,042 | +471% |
| Gross operating margin | 9900 | €56,235 | €52,837 | -€3,398 | -6.0% |
| Operating profit (loss) | 9901 | €41,554 | €35,259 | -€6,295 | -15.1% |
| Financial charges | 65/66B | €836 | €597 | -€240 | -28.7% |
| Recurring financial charges | 65 | €836 | €597 | -€240 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | €40,717 | €34,663 | -€6,055 | -14.9% |
| Income taxes | 67/77 | €8,695 | €7,370 | -€1,325 | -15.2% |
| Profit (loss) for the period | 9904 | €32,023 | €27,293 | -€4,730 | -14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €32,023 | €27,293 | -€4,730 | -14.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.